AI News - Mid-November 2026 の全文書き起こし

00:02:53.105 --> 00:02:54.610 So much has already happened. 00:02:54.610 --> 00:02:58.854 So yeah this is I don't know where it ranks. 00:02:59.086 --> 00:03:12.320 We see a lot of these fall from graces in politics and sports and of course, h- history, but in the world of AI it's basic- I think if we go back to our draft, I think NVIDIA was, like, one of the, the top picks, right? 00:03:12.361 --> 00:03:16.187 Of maybe the most important company or one of the most important companies in AI. 00:03:16.562 --> 00:03:22.217 So to see in a complete self-implosion is s- it's pretty amazing. 00:03:22.229 --> 00:03:25.438 It it's not unprecedented, but it's pretty amazing. 00:03:25.439 --> 00:03:26.475 But I think, you know what? 00:03:26.497 --> 00:03:28.901 You brought us with the most honest. 00:03:28.953 --> 00:03:31.877 I wanna bring us to a great philosopher, okay, to start with. 00:03:32.289 --> 00:03:43.865 His name is Kirby Smart, and he says,"Dogs don't beat dogs." What he means by that is he's the coach of the Georgia Bulldogs, and he's a football coach, and he's crazy in his own way. 00:03:44.337 --> 00:03:51.625 But what he means by that is he says the team cannot win until the team stops making stupid mistakes on their own, right? 00:03:51.847 --> 00:03:52.848 They don't line up. 00:03:52.887 --> 00:03:54.188 They don't show up to practice. 00:03:54.544 --> 00:03:56.115 They don't they go off sides. 00:03:56.481 --> 00:03:59.612 The self-imposed stupid things that we all do. 00:03:59.664 --> 00:04:02.131 That's what he always says, and of course, many other coaches say that. 00:04:02.500 --> 00:04:05.950 And I think this is the place we need to go with the CEOs. 00:04:06.062 --> 00:04:21.259 It's before you can give the culture talks, before you can have the crazy management philosophies, before you can start wearing the crazy leather jackets and stuff like that, you have to be able to read your company's rules and policies and adhere to them. 00:04:21.783 --> 00:04:25.752 And unless you can do that kinda nothing else matters, right? 00:04:25.752 --> 00:04:29.877 I feel like that's the true lesson to take away from this craziness. 00:04:29.887 --> 00:04:31.293 So what are your thoughts? 00:04:31.793 --> 00:04:35.970 Well, I I was organizing the show and like you said, we talked about this. 00:04:36.168 --> 00:04:42.634 The this, this Jensen stuff came out I think, no, it was on Sunday 'cause we were driving, I remember driving home on Sunday. 00:04:43.543 --> 00:04:51.113 And the first thing that came out was Jensen's been caught in an affair, and the affair is potentially a Chinese spy. 00:04:51.122 --> 00:04:55.889 And of course, it was a lot of "Holy crap, what's going on?" You and I were scheduled to record on Monday. 00:04:55.891 --> 00:05:00.168 So just for, notes for folks, we are recording this on November 12th. 00:05:00.173 --> 00:05:02.196 It'll probably publish on, what is it? 00:05:02.201 --> 00:05:03.439 13th, 14th, like the 15th. 00:05:03.439 --> 00:05:06.641 So a lot could change between now and Sunday, but this is as of the 12th. 00:05:07.641 --> 00:05:18.487 And we were, gonna record something on Monday for the Wednesday show, and we said let's hold off and see what happens." here's the facts as we know versus pure, speculation, right? 00:05:19.697 --> 00:05:29.225 Sunday, this past Sunday, which would've been the, like the 9th or something like that of November 2026 word comes out that a, a lot of things have been going on. 00:05:29.228 --> 00:05:41.387 Basically that Jensen had been having this relationship with a female executive from a company called Megaspeed, which by the way great villain name for a company. 00:05:41.649 --> 00:05:47.334 Megaspeed, which was a like Singaporean, Southeast Asia cloud provider. 00:05:48.011 --> 00:05:50.228 Apparently this has been going on since 2024. 00:05:50.658 --> 00:05:59.163 It's been in the new- it's been out in the public as one of those ones like, "Hey, who's this woman that Jensen's hanging out with?" turns out her name is also Wong. 00:05:59.470 --> 00:06:00.396 I think it's Anne Wong. 00:06:00.425 --> 00:06:01.262 Is that Was? 00:06:01.617 --> 00:06:01.946 Alice. 00:06:01.949 --> 00:06:02.172 Wong. 00:06:02.180 --> 00:06:03.252 Alice Wong, I should get that right. 00:06:04.343 --> 00:06:31.588 That they've been hanging out, and allegedly she is the, not only allegedly a Chinese spy, but also potentially the front for this company, Megaspeed, who has been illegally importing all these NVIDIA GPUs that are then sent into China and are being used by Alibaba and Tencent and DeepSeek and a whole bunch of others, which goes against US import or export laws, right? 00:06:31.589 --> 00:06:33.362 So that, that was the first thing that we knew. 00:06:34.245 --> 00:06:38.105 Basically it was Jensen's having an affair Chinese spy. 00:06:38.139 --> 00:06:39.165 That got a lot of news. 00:06:39.173 --> 00:06:41.642 That went all the way over to the TMZ versions of the world. 00:06:42.004 --> 00:06:54.812 And then you started hearing things that were the US Commerce Department, which would be the, the, the regulatory agency of the United States, knew about this a little while ago and buried it, let it go. 00:06:55.569 --> 00:07:01.028 Apparently they they let NVIDIA know that they were being investigated, which is another one of those no-nos. 00:07:01.920 --> 00:07:05.211 So apparently the US government has known about this for a little while. 00:07:05.211 --> 00:07:07.961 It's gone all the way up allegedly to President Trump. 00:07:07.966 --> 00:07:09.487 He ignored it for a while. 00:07:10.367 --> 00:07:14.244 And that's where we were on Monday or as of Sunday. 00:07:14.317 --> 00:07:21.384 And then and then we go-- at that point we were like: "Oh wow this is pretty salacious." And then where did it go from there? 00:07:22.459 --> 00:07:31.809 Well, from there it was just pretty simple that he was having what now seems like a

pedestrian routine, normal affair, but with one of his 60-odd direct reports. 00:07:31.951 --> 00:07:39.146 She's the VP of one of their groups and again, I don't even think that's alleged, I think that's just out there. 00:07:39.146 --> 00:07:58.461 And so I guess the part that-- I think the part that ultimately made made it impossible for him to return, if it was even possible coming up to this, was that someone took a picture of them together, like some-somewhat recently, and then that person was approached by Jensen security. 00:07:58.487 --> 00:07:59.230 I wanna be clear for y'all. 00:07:59.230 --> 00:08:02.855 I don't know who employed the security team, either Jensen's security or NVIDIA's security team. 00:08:03.384 --> 00:08:14.387 And then they asked or requested or maybe even offered to compensate someone to sign like a non-disclosure agreement of this I guess we'll call it canoodling. 00:08:14.588 --> 00:08:15.788 That's the technical term, right? 00:08:15.790 --> 00:08:25.055 And But I think once that hit, it was like, okay, now you're-- now we're in just classic corporate mistake. 00:08:25.235 --> 00:08:28.218 You-- There's-- Company has a policy against it. 00:08:28.230 --> 00:08:33.393 There's evidence of you doing this, and then potentially this is the part where I guess we'll have to wait and see. 00:08:33.393 --> 00:08:38.267 It's like, was the company or people at the company actually employed to help cover it up? 00:08:38.279 --> 00:08:41.572 'Cause that's like it's like we're so into you can't do that. 00:08:42.033 --> 00:08:43.773 I don't know how many levels of bad we're into. 00:08:43.773 --> 00:08:50.412 It's really can't have an, affair with a subordinate, but then you can't have the company resources then covering up the affair, right? 00:08:50.412 --> 00:08:53.565 'Cause then it starts to get… You're, like, dragging in more and more people. 00:08:53.792 --> 00:09:03.253 So I think that's probably… And then as you read in your opening statement there the one thing that you didn't read, as you'll notice, that there was no statement from Jensen Huang himself. 00:09:03.259 --> 00:09:04.528 There was nothing attributed to him. 00:09:05.020 --> 00:09:11.023 So that kinda means normally when that goes down that means you weren't happy with the decision. 00:09:11.033 --> 00:09:17.133 You don't normally… Normally he would say something like, "I I'm-- It has been great being part of NVIDIA," wish them luck or something. 00:09:17.255 --> 00:09:18.447 He said nothing, right? 00:09:18.451 --> 00:09:25.701 So I don't know if that means he, he's mounting his own legal defense or if he's just giving you the, the metaphorical F you on the way out. 00:09:25.711 --> 00:09:30.053 But he clearly is… I think it's, again, we all know press releases enough. 00:09:30.427 --> 00:09:34.493 The absence of his, him saying anything means a lot, I 00:09:35.682 --> 00:09:37.561 I attribute that to two real basic things. 00:09:37.815 --> 00:09:42.932

The, the classic thing is when you're the executive, you leave, y- one of two things happen. 00:09:42.958 --> 00:09:50.846 Nu- number one, you say I'm leaving to go spend more time with his family," which right now I don't think his family wants to spend more time with him, so that's not happening. 00:09:51.102 --> 00:09:51.519 And the o- 00:09:51.548 --> 00:09:52.239 works there too. 00:09:52.239 --> 00:09:53.970 His kids work there, which is even funnier 00:09:54.227 --> 00:10:08.075 And the other one is like, "Hey, I wanna spend more time basically doing other things and basically like hobbies and stuff." He's basically told the world like, "I don't have any other hobbies," "This is all I do." So I think they probably were like, "Hey, would you like to make a statement?" And he's like, "Ah, crap, I can't do either one of those." 00:10:08.163 --> 00:10:10.153 I was like gonna bu- I'm gonna get myself a dog." 00:10:10.355 --> 00:10:10.648 that's right. 00:10:10.671 --> 00:10:12.817 " Brandon: I gotta, I'm gonna right. 00:10:12.817 --> 00:10:20.610 He's like I can't use the midlife crisis example 'cause that's been my leather jacket for the last 10 years." I, yeah this is unbelievable. 00:10:21.605 --> 00:10:23.501 I think this is the crazy stuff. 00:10:24.426 --> 00:10:27.224 This is the AI AI news of the month show. 00:10:27.634 --> 00:10:30.033 These are other things that would've been the headline for this show. 00:10:31.278 --> 00:10:32.508 The US election just happened. 00:10:32.518 --> 00:10:39.876 39 of 40 data center proposals in the US for to build new data centers failed during the rec- most recent election. 00:10:40.287 --> 00:10:45.277 Anthropic is announced and finally announced when they're going to do their IPO on the on the 18th or 19th. 00:10:45.947 --> 00:10:50.173 AMD and Intel had their quarterly earnings, as well as CoreWeave, which was up. 00:10:50.187 --> 00:10:53.496 All those things would've led, but we're not gonna cover any of those things today. 00:10:53.955 --> 00:10:57.143 I guess the, I guess there, there are a lot of big questions that come out of this. 00:10:57.143 --> 00:11:03.981 Obviously there's, the question of y- let's go through like I guess the, in terms of importance. 00:11:03.988 --> 00:11:07.058 The number one question probably is like who takes over? 00:11:07.538 --> 00:11:09.034 And they did name an interim CEO. 00:11:09.038 --> 00:11:10.970 I think her name she's the CFO. 00:11:10.974 --> 00:11:11.597 What is her name? 00:11:11.597 --> 00:11:12.807 I'll get this right for the record. 00:11:13.123 --> 00:11:17.291 Colette Kress, who is has been the CFO for quite a while. 00:11:17.610 --> 00:11:19.957 She's executive vice president, chief financial officer. 00:11:19.960 --> 00:11:28.650 She will be the interim CEO, which usually when they say interim that that's a placeholder, although maybe she'll, be around 00:11:28.880 --> 00:11:31.366 they made sure that she's clearly the placeholder, 00:11:31.408

--> 00:11:31.696 Right. 00:11:32.013 --> 00:11:32.844 She's, the placeholder. 00:11:33.333 --> 00:11:35.067 They did finally name a 00:11:36.006 --> 00:11:36.620 Chairman of the board, 00:11:36.645 --> 00:11:40.287 chairman of the board, a gentleman, yeah, Harvey C. Jones. 00:11:41.426 --> 00:11:44.921 He comes from the venture world and some other places and stuff like that. 00:11:46.097 --> 00:11:49.445 They did, move some things around so that there is an immediate reporting thing. 00:11:49.647 --> 00:11:55.600 They announce their earnings next Tuesday on the 17th, so the timing of this is not not ideal. 00:11:56.307 --> 00:11:57.486 Earnings season is tough enough. 00:11:57.688 --> 00:11:58.092 This is… 00:11:59.006 --> 00:12:00.058 Washington DC, 00:12:00.164 --> 00:12:00.429 That's 00:12:00.432 --> 00:12:01.190 think that same week. 00:12:01.307 --> 00:12:01.976 I wonder who's 00:12:02.038 --> 00:12:02.312 Right. 00:12:02.312 --> 00:12:02.331 That's right. 00:12:03.206 --> 00:12:03.532 right. 00:12:04.049 --> 00:12:04.582 That's right. 00:12:05.171 --> 00:12:15.596 But y- so yeah, I think I think the immediate question, there'll be all sorts of speculation this'll obviously be sponsored by Kalshi, y- who's, who becomes the next CEO of, this? 00:12:16.424 --> 00:12:24.535 I ha- I feel like I have a shortlist, but I feel like this shortlist is one that is only partially an intelligent list. 00:12:24.535 --> 00:12:37.274 I feel like this is when football coaches get fired, they make the, big list, and it always includes Jon Gruden, who's never gonna get take the job or… I, feel like this level of job for me the shortlist is gonna be Tim Cook. 00:12:38.245 --> 00:12:50.549 'cause again, I guess the, the thought process would be, okay, this person has to have run a very large organization, a very large public organization, and most likely had something to do with the hardware industry, right? 00:12:50.554 --> 00:12:52.755 'Cause that is a, it's its own sort of world. 00:12:53.003 --> 00:13:06.371 So, my shortlist is Tim Cook recently retired CEO of Apple Lisa Su, who is CEO of AMD, and just coincidentally also Jensen's somewhat cousin, my-- multiple levels removed. 00:13:06.785 --> 00:13:12.369 And then I'm gonna throw one out there that I think you're gonna Andy Jassy, I think would be on my, would be on my shortlist of people to call 00:13:12.418 --> 00:13:12.470 one. 00:13:12.471 --> 00:13:15.506 That's cr- that would be shocking. 00:13:15.549 --> 00:13:20.988 I, for him to l- like what percentage chance do you think Andy Jassy would leave 00:13:21.337 --> 00:13:29.655 I, there, and the and the reason I put this on there was Andy as as we've talked about f- first ballot Hall of Famer for cloud. 00:13:30.485 --> 00:13:39.261 But if, somebody were to, honestly believe and say "Hey, is AI truly the future?" And you said, "Okay, you have the chance to run an AI company. 00:13:39.272 --> 00:13:47.897 Do you want that to be AWS Amazon, or do you want that to be, do you want that to be NVIDIA?" I, think that reframes it a little bit. 00:13:49.155 --> 00:13:49.523 Obviously. 00:13:49.655 --> 00:13:53.503 we could say if he wanted to prove he could do it outside of Amazon, right? 00:13:53.503 --> 00:13:56.110 'Cause that's always the thing is he's an Amazon lifer. 00:13:56.133 --> 00:14:03.251 If he wanted the challenge it's like I wanna go somewhere else and be on- I wanna be outside of the Bezos shadow and be- do it on my own." 00:14:03.644 --> 00:14:11.594 And, Amazon if if you look at yourself and you just say, "Look, I am a, I'm a s- I'm a CEO, I'm a leader," then maybe you wanna stay at Amazon. 00:14:11.595 --> 00:14:32.208 But if you look at it and you go,"Amazon has a lot of other things that I'd have to deal with, from advertising to retail to unions to…" There is a part of Amazon that's probably incredibly interesting 'cause on a day-to-day basis you're like, "I'm doing logistics, I'm doing retail, I'm doing other things." But if it's your heart, you're like "I'm, a technologist," maybe, 00:14:32.340 --> 00:14:32.826 I like it. 00:14:32.861 --> 00:14:33.788 I think it's a good one. 00:14:34.234 --> 00:14:42.466 The o- I think the odds are I think people are gonna, gravitate to saying, "Hey get, go get Tim Cook," because they used to be the biggest company in the world. 00:14:42.486 --> 00:14:49.606 I think Lisa Su's probably in terms of cultural fit for this segment of the industry, probably the best fit. 00:14:49.625 --> 00:14:49.926 But, 00:14:50.041 --> 00:14:51.075 What about the Intel CEO? 00:14:51.076 --> 00:14:52.109 I've heard his name thrown around. 00:14:52.110 --> 00:14:53.716 It's like Lip- Lip tu- 00:14:53.948 --> 00:14:54.918 Lip- Lip- Boo? 00:14:54.945 --> 00:14:55.707 Lipton Boo? 00:14:55.768 --> 00:14:56.111 yeah. 00:14:56.207 --> 00:14:56.885 Like I heard his name. 00:14:57.086 --> 00:15:01.139 Someone just said there's only so g- so much you can do with Intel, and that he should just take over Nvidia. 00:15:01.139 --> 00:15:04.264 And it's like, okay, I can That's like following your logic a little bit. 00:15:04.264 --> 00:15:08.229 It's like like it's it's almost like my team is only so good. 00:15:08.326 --> 00:15:08.563 Like I 00:15:08.807 --> 00:15:09.197 yeah 00:15:09.385 --> 00:15:10.504 I need better players. 00:15:10.519 --> 00:15:12.889 So y- you c- that would be a pretty big switch 00:15:13.076 --> 00:15:13.327 Yeah. 00:15:13.548 --> 00:15:13.846 Yeah. 00:15:14.289 --> 00:15:15.222 It's gonna it's g- 00:15:15.570 --> 00:15:16.427 this one I wanna throw out. 00:15:16.438 --> 00:15:18.705 What about Rene Haas at, Arm, right? 00:15:18.706 --> 00:15:33.171 Because he used to work at Nvidia, now the CEO of Arm, and he's been a CEO, and he has some inside… Now, it's been a while since he's worked there, but he's at least somewhat f- familiar with it, so he's not walking into a, a whole situation 00:15:33.315 --> 00:15:41.466 Also, but never really had to run

a company that… Every single person they pick, you're gonna be like I'd never run a company like Nvidia," type of thing. 00:15:41.528 --> 00:15:42.471 the world's largest company. 00:15:42.471 --> 00:15:42.731 It's like 00:15:42.947 --> 00:15:43.258 Yeah. 00:15:44.316 --> 00:15:44.525 Think… 00:15:44.586 --> 00:15:45.484 see the Tim Cook thing. 00:15:45.666 --> 00:15:46.243 I don't understand why 00:15:46.313 --> 00:15:47.083 Yeah 00:15:47.106 --> 00:15:53.568 this time making Apple great and, deciding to step down and then being like, "I wanna go right back into the fire." I don't know, though. 00:15:53.597 --> 00:15:57.513 Although we talk about this a lot in sports the coaches, they retire. 00:15:57.546 --> 00:16:00.283 We always say we would go to the beach, but they never go to the beach. 00:16:00.285 --> 00:16:01.139 They always come back. 00:16:01.157 --> 00:16:01.980 They always need it. 00:16:02.365 --> 00:16:06.225 So maybe he's been out for a while, and he's just "Yeah," it's like, "I just, I got the itch. 00:16:06.256 --> 00:16:07.484 I wanna be back in the game. 00:16:07.505 --> 00:16:07.567 I 00:16:07.621 --> 00:16:16.437 W- well and again, you never know what, what motivates these people that are at the super highest level because they have a DNA gene that just the rest of us don't really have. 00:16:17.248 --> 00:16:30.577 There might be part of him being like for 20 years I was really in the Steve Jobs' shadow, and they all said it was really Steve who invented the iPhone, and I just… Like maybe he's "I wanna show that I, can do this again, and it wasn't just," whatever. 00:16:30.779 --> 00:16:32.153 That would be the pitch you'd make to him. 00:16:33.153 --> 00:16:39.191 I think the real question about the leadership thing is gonna There's gonna be two big questions you're gonna have to ask them. 00:16:39.403 --> 00:16:45.774 One of them is going to be like how much leeway am I gonna get to have to try and reorganize this thing? 00:16:45.775 --> 00:17:02.578 Because quite honestly, like most people aren't going to be able to step in and go, "Hey, I would run this with 60 direct reports." so there's gonna be, there's gonna be a lot of, a, a lot of shakeup of people who aren't, who don't get to come to the big table meeting anymore, who are gonna be a level down from where they were before, very likely. 00:17:03.269 --> 00:17:22.240 And then but the bigger question I think is gonna be if some of the speculation and some of these rumors about the US government looking into this, and especially with the the change in the, the country direction with the midterm elections that just happened and people's… Things were th- things were pretty laissez-faire for the last two years in the US. 00:17:23.240 --> 00:17:33.857 J- just the, export the export thing, if they can prove that NVIDIA knew or somebody at NVIDIA knew, whether it was Jensen or the lead of exports or whatever, like that's a felony. 00:17:33.865 --> 00:17:37.056 Somebody's potentially going to jail for a very big thing. 00:17:37.075 --> 00:17:38.505 There could be gigantic fines. 00:17:39.166 --> 00:17:45.538 That's the kind of stuff as a CEO you're like, "How much crap do I really wanna walk into?" Versus what else is going on. 00:17:45.992 --> 00:17:48.403 So those I think those are big, sort of questions to 00:17:48.426 --> 00:17:52.028 So it may be what you, as you're talking there, maybe what you need is the CEO fixer. 00:17:52.030 --> 00:17:56.800 So maybe it is like a Tim Cook or something else where it's like we're not really trying to replace everyone. 00:17:56.801 --> 00:18:01.104 It's like you're coming in for a limited two to three-year stint, right? 00:18:01.105 --> 00:18:03.490 And your goal is to basically all the things you just said. 00:18:03.506 --> 00:18:13.191 It's like first we gotta go in there and figure out who is the expert technologist, and we gotta promote that person to like some type of very public CTO role. 00:18:13.473 --> 00:18:15.413 'Cause obviously Jensen's not designing the chips. 00:18:15.413 --> 00:18:16.970 He's obviously very knowledgeable about them. 00:18:16.971 --> 00:18:22.519 But like we gotta find that person, and then you gotta go in there and we gotta find ourselves like a COO, right? 00:18:22.519 --> 00:18:27.497 We gotta find someone that like… And maybe that's the CFO, like someone who knows how to like run this business, right? 00:18:27.653 --> 00:18:31.390 And then you gotta have someone come in that can deal with the legal stuff that you're just talking about. 00:18:31.779 --> 00:18:35.051 And then you have to go in and have someone be like, "Listen, we're gonna reorganize this company. 00:18:35.068 --> 00:18:43.823 We're gonna take all this 60-plus direct reports and I'm gonna put some structure to it, and I'm gonna make sure that we've got all the right…" So it's really, it's not one person's gonna replace him. 00:18:43.825 --> 00:18:52.169 It's like a per- as a team of three or four in a, more traditional executive, quote-unquote, C-suite or S-suite, depending on how people like to call it. 00:18:52.393 --> 00:18:52.685 Ja 00:18:52.900 --> 00:18:53.862 I think that makes sense. 00:18:54.094 --> 00:18:58.518 Al- although I think I would like to, if they had called me in, I'd be like, "The problem was," this is what I'd open with. 00:18:58.535 --> 00:19:18.857 "The problem is Jensen didn't have enough direct reports. I'm gonna have 500. If he had 60, I'm gonna have 500, and this baby's gonna run like a lean machine, and most of them are gonna be AI agents." Just go all in on the the strategy of it and see if you can sell it, see what people react, see what the, the chairman of the board says. 00:19:18.874 --> 00:19:19.383 Why not? 00:19:20.383 --> 00:19:25.866 Yeah, no, I, it's yeah that th- there are going to be books written about this whole thing. 00:19:25.866 --> 00:19:28.041 There are gonna be a lot of books written about this whole situation. 00:19:29.041

--> 00:19:35.903 Not to mention it's going to be interesting to see how long it takes before Jensen sort of resurfaces again, right? 00:19:35.915 --> 00:19:45.871 'Cause there's stupid stuff out there right now yeah, Elon Musk said something like, "Hey, I would hire him over here to run Gigafactory," or whatever the heck he thinks he's gonna do about building chips. 00:19:46.601 --> 00:19:50.951 There's, no way in hell some super egomaniac is gonna work for another super egomaniac. 00:19:50.974 --> 00:19:55.641 But yeah, it'll be interesting to see he, lays low. 00:19:55.646 --> 00:20:04.691 Obviously there'll be a bunch of stuff where he'll have a rehabilitation campaign and he'll pop up in interesting, fun places and whatever and but yeah, so I 00:20:04.701 --> 00:20:10.029 he's got tons of support from there's a whole set of support from the investment community, the kind of the founder. 00:20:10.451 --> 00:20:18.560 The founder is the centric person, so he's gonna have a group of people that like will be encouraging him to get back in the arena, start something new. 00:20:18.867 --> 00:20:22.157 I don't know, he may have a lot of support from current NVIDIA employees. 00:20:22.353 --> 00:20:23.049 You just don't know. 00:20:23.057 --> 00:20:24.294 You have no idea what that is. 00:20:24.339 --> 00:20:25.605 pull people in a heartbeat to go 00:20:25.674 --> 00:20:31.134 and he just may be like"Yeah, I'm s- I'm-- we're starting over. We're getting the band back together." maybe-- It would be so funny if he gives a keynote. 00:20:31.135 --> 00:20:45.920 It's like, "Yeah, CUDA, not that good." That would be so funny if he came out and be like, "After all that time, you're telling us now?" But is this comes back to I think you talked about it a little bit on this show and other shows, it's is it just come down to if you… I don't know what number it is. 00:20:45.923 --> 00:20:47.263 Maybe it's like at a billion dollars. 00:20:47.739 --> 00:20:51.082 When you're worth a billion dollars, you just fundamentally go crazy. 00:20:51.115 --> 00:20:59.863 Like you are no longer a normal human being, and nor- I just think this is-- I think this is-- and this is maybe back to like how they should reorganize NVIDIA. 00:20:59.863 --> 00:21:09.840 It's like you have to reorganize it in such a way that no one person becomes like this big or this important because it alwa- like it feels like it always ends poorly. 00:21:09.853 --> 00:21:10.356 You know what I mean? 00:21:10.356 --> 00:21:27.458 So it's almost like you have to find some way some type of, I don't know, it sounds like there's some government political scientist here, like checks and balances where it's like, no, like every time we see this happen, and it's been happening so many times, like es- especially when people get to post $50 billion. 00:21:28.123 --> 00:21:31.957 It's, almost like the human mind just cracks. 00:21:32.002 --> 00:21:39.123 Like you just can no longer… It's almost like it w- should we just have like a like a checkpoint like,"Sorry, you're worth too much money. 00:21:39.134 --> 00:21:42.013 You're no longer normal. We can't have you run these companies." It's 00:21:42.130 --> 00:21:43.203 W-w-well 00:21:43.666 --> 00:21:46.712 it's impossible for people to act normal after this amount of wealth. 00:21:47.027 --> 00:21:47.212 Yeah. 00:21:48.111 --> 00:21:53.602 I, think it's I do think it's gonna be… There's gonna be two thing-- Well, there'll be lots of things that come out of this. 00:21:53.782 --> 00:22:06.136 I think there's going to still be people that look at the, And from, all the stuff I've read about him and interviews I've seen, and again, that's such a small sliver in terms of how the wor- how he really works and how he thinks and stuff. 00:22:06.346 --> 00:22:12.128 I do think he is a probably a, a, world-class sort of system-level thinker. 00:22:13.034 --> 00:22:24.827 Just the fact that they were cranking out chips and new things at a pace that was faster than the traditional Intel two-year kind of speed and, cost thing. 00:22:24.827 --> 00:22:46.268 And just the fact that he was able to get all those people to basically break a bunch of rules, not legal rules, but like technology rules that hadn't really been done before, like that, that piece of it is, pretty amazing, and I think people are gonna… Those are tough skills to necessarily take on and think through all the complexities of those things and, all that stuff. 00:22:47.317 --> 00:22:55.018 But yeah to your point of yeah when you reach a certain level of wealth or you reach a certain level of sort of power. 00:22:55.018 --> 00:23:01.826 And look we, in the tech industry tend to only have, we only have three levels. 00:23:01.854 --> 00:23:04.010 There is, there's deity, right? 00:23:04.181 --> 00:23:12.240 There is the, the big middle that we're just like, "Yeah, whatever. You guys are whatever." And then there's the deity that crashes and burns, and that doesn't happen very often. 00:23:12.240 --> 00:23:22.311 But yeah when you're like that, and you're… It doesn't, it… And I don't know if it's a number or whatever but the thing about it is number one, y- nobody ever tells you no, right? 00:23:22.663 --> 00:23:25.192 So, in your mind, you're like, "I want everything. 00:23:25.222 --> 00:23:26.141 I want it right now. 00:23:26.161 --> 00:23:27.502 I don't ever wanna hear a problem. 00:23:27.520 --> 00:23:32.740 I don't…" like the, like that's, gotta be a weird sort of thing that goes on. 00:23:33.116 --> 00:23:43.496 But then I think the other problem is like the people that they're around all the time, when they all are at that level, the, the things that are, that become boring to them which probably becomes everything. 00:23:43.951 --> 00:23:57.643 Like the, the conversations you have to have about "Okay what are you working on now?" if that thing you're working on is just yeah, it's the equivalent of "Yeah, I'm just kinda cleaning up my shop

behind my house and just tinkering on…" It's like, no w- are, you changing the world? 00:23:57.653 --> 00:23:59.751 Are you whatever it might be? 00:24:01.005 --> 00:24:13.605 And I think there's I think there's a thing nowadays, especially since all of the billionaires are all in the tech industry, or they're all tech a j- or we've all made everything, every, every business is a software business. 00:24:13.929 --> 00:24:26.799 We no longer have this thing where sort of industries, people can just go out, kinda go off and be billionaires and be like,"Look, I'm just the biggest in my space." There are constantly those people that are going why can't we take over farming? 00:24:26.799 --> 00:24:28.657 And why can't we take over manufacturing? 00:24:28.659 --> 00:24:38.844 And why can't we take over advertising and logistics?" And so they're constantly in these, modes of paranoia a-along with like takeover the world kind of thing. 00:24:38.845 --> 00:24:49.218 So yeah I there, there is, there are going to be hours and hours of documentary about, you know, just the psychology of these people and, what happens in their No, but you're right. 00:24:49.266 --> 00:24:55.255 It's… There is no reality anymore, and hence they don't think any rules apply to them and all those sorts of things 00:24:55.755 --> 00:24:56.785 So what about this though? 00:24:56.794 --> 00:25:05.972 What if we just as a society, we're like, when we see someone achieve massive success, but they're doing something that we think is, weird. 00:25:06.741 --> 00:25:20.023 Are- should we all be, like, more honest and be like, "I know he's incredibly successful. I know I'm not as successful as him, but I can still look at that thing and be like, 'I think that's weird.'" It's the whole 60 direct reports. 00:25:20.032 --> 00:25:24.712 It's I think we all… 'cause that was quoted a lot because it's very unusual. 00:25:25.034 --> 00:25:26.318 Basically no company's like that. 00:25:26.519 --> 00:25:45.076 And I think we're all just afraid to be like, "Listen," like you're… All the things you said before you've made the company you've, been extremely successful, but I'm not sure this 60 direct reports is either the reason it happened or a good way to organize this company going forward, right? 00:25:45.076 --> 00:25:51.167 'Cause we could go through all the reasons or problems, but it's you're not really dr- obviously, if you have this many reports, you're not really managing them. 00:25:51.170 --> 00:25:55.055 You're just, they're just doing whatever they want, and that may lead to some issues. 00:25:55.083 --> 00:26:05.076 And also too, it's like, you have to… Back to your thing about being a systems thinker, it's like, you're not s- creating a system of where the company can operate without you. 00:26:05.125 --> 00:26:15.210 And so it's I don't know who… Nobody would've gone into his office and been like, "This is really a fundamentally poor structure to manage the company," 00:26:15.438 -->

00:26:15.750 Yeah. 00:26:15.843 --> 00:26:16.932 you would've gotten kicked out. 00:26:17.231 --> 00:26:27.239 And but but could we have just should we just be more hon- like, when we see these crazy things would it be like, that's… He's rich, and then always give it, always give them the success. 00:26:27.240 --> 00:26:33.273 But that doesn't necessarily mean they're right on this very unusual thing that they're doing that people keep talking about. 00:26:33.790 --> 00:26:44.586 And then I think this is this is the flaw in all of it is yeah if somebody had just said, "Hey, there's a guy over there that runs a company and he has no organization to… He has no structure to his organization. 00:26:44.586 --> 00:26:58.893 He's got 60 people that report directly to him," people would be like, "Pfft, that guy's not gonna be successful." And then, but yet the guy goes, "Yeah, but this is how successful my company is." Like that all of a sudden always triggers people to be like, "Whoa, wait a second. 00:26:59.288 --> 00:27:02.335 Maybe I've been looking at this completely wrong," right? 00:27:02.336 --> 00:27:05.846 And this is… Like you can apply this to like diets, you can 00:27:05.998 --> 00:27:06.238 Угу 00:27:06.346 --> 00:27:10.347 to like investment strategies, you can apply this to how to mow your grass. 00:27:10.592 --> 00:27:14.140 Oh, don't mow it that way, mow it you've been… Oh, you've been doing it completely wrong. 00:27:14.589 --> 00:27:18.837 And we never know this stuff until the thing falls apart, right? 00:27:18.863 --> 00:27:21.469 Or or, the numbers don't work itself out. 00:27:21.469 --> 00:27:34.952 But like we are we are fascin- at least in the United States, we are fascinated with this idea of wait a second, this one person the system and they… And and, but and we, are in a rush to be like, how do I copy that? 00:27:35.284 --> 00:27:38.167 How do I and we should be an AI-first company. 00:27:38.167 --> 00:27:39.363 We should be a cloud-first company. 00:27:39.930 --> 00:27:40.930 We should token max. 00:27:40.930 --> 00:27:47.467 We should… Like these manias we don't have any, we have no guidance to be like, "This is fucking crazy. 00:27:47.489 --> 00:27:48.430 Like what are you doing?" 00:27:49.430 --> 00:27:59.388 But I think that, and we also don't have-- give ourselves the permission structure sometimes to be like, "I see the person being successful, but I still think it's okay to critique that." Because people will come back at you no matter who you are. 00:27:59.402 --> 00:28:11.307 Like, you could be very successful and be like… You, could be, like, an academic that's like, "I've studied management hierarchies for 100 years and I've done a lot of research and I have a lot of studies about what works." That person's getting kicked out of the room. 00:28:11.355 --> 00:28:18.056 It's like, "What do you mean? What do you mean you're here to tell us w- we're doing something wrong?" So it's just… I, just feel like it's sometimes it's like maybe that's what it is. 00:28:18.056 --> 00:28:23.516 And the other thing I think we should acknowledge here is the other factor, like, 'cause you just outlined we all love the hero's journey. 00:28:23.531 --> 00:28:24.645 We love those stories. 00:28:25.068 --> 00:28:29.363 But, and this is the reason I think NVIDIA's gonna be okay, and it's all gonna work out in the end. 00:28:29.423 --> 00:28:31.730 It's, it comes back to product-market fit. 00:28:31.815 --> 00:28:41.521 And it's like, listen, when you ultimately find great product-market fit where the world is literally demanding products from you, like you can't-- You're not selling, right? 00:28:41.522 --> 00:28:45.309 You're literally just invoicing people because they want your thing so much. 00:28:46.144 --> 00:28:49.097 That wins ev- That is like winning. 00:28:49.489 --> 00:28:52.671 Winning covers up so many mistakes, right? 00:28:52.711 --> 00:28:58.571 And it's like people are gonna want these NVIDIA chips as long as there's continues to be demand. 00:28:58.573 --> 00:29:01.162 I'm probably not talking about today, the Anthropic, we'll see how that goes. 00:29:01.173 --> 00:29:08.798 But as long as there's demand and people keep using this at a high level, and we've talked about that extensively already on multiple shows, people are gonna want this stuff. 00:29:08.798 --> 00:29:17.738 So it's like you don't have to… It's almost if you can just be confident at this point, you're gonna sell a lot of NVIDIA GPUs going forward. 00:29:17.753 --> 00:29:26.571 And if you can keep the engineering group kinda headed in the right direction, doing all the work they've been doing, you're probably gonna be extremely successful. 00:29:26.585 --> 00:29:27.665 That's what I think. 00:29:28.319 --> 00:29:31.029 When I look at the stock market, everything hinges on this one person. 00:29:31.030 --> 00:29:35.597 It's like, no, it really hinges much more on the market, and NVIDIA does have the right thing. 00:29:35.598 --> 00:29:43.654 Now, obviously, if you're over at anywhere else, AMD or the you're building TPUs at Google and something, you gotta feel like there's a little bit of an opening now, right? 00:29:43.655 --> 00:29:51.369 It's like these guys are gonna take their ball, their eye off the ball a little bit for a few weeks, so maybe that's a chance for us to build out some com- more competitive GPUs. 00:29:51.391 --> 00:29:54.336 Which again, I don't even think for the market would be that bad a situation. 00:29:54.336 --> 00:29:56.616 So that's why I feel like it's gonna work out. 00:29:56.651 --> 00:29:57.451 It's gonna be okay. 00:29:57.752 --> 00:29:57.951 Yeah. 00:29:58.257 --> 00:29:59.132 It's gonna work out. 00:29:59.346 --> 00:30:07.663 It's, it-- Look this is unlike, unlike a lot of other scandals where there was a whole bunch of fraud that was involved, right? 00:30:07.663 --> 00:30:16.393 This isn't, Again, we'll find out on the 17th, maybe we'll find out

three months from now or six months from now that all of Nvidia has been this giant fraud. 00:30:16.662 --> 00:30:21.048 But, for the most part it doesn't feel like there was massive fraud here. 00:30:21.160 --> 00:30:44.544 I think what I, think if anything, we're gonna figure out like the numbers that they published weren't supposed to include those numbers that went to Southeast Asia, which illegally went to Japan, you know, went to China, so you really shouldn't be allowed to… So there might be some restating of numbers that come out of this, and there might be some restating of how they do accounting to deal with the fact that maybe they did bypass certain laws that they shouldn't account for those. 00:30:45.595 --> 00:30:47.192 We could see some volatility in the market. 00:30:47.205 --> 00:30:52.807 Again, we might see some, some fines and some people who get get punished legally for some of this stuff. 00:30:52.807 --> 00:31:07.347 But at the end of the day we still have the same fundamental questions around AI, which is whether, Jensen's there or not, which is like, is there a lot of demand, and is there a lot of demand at a price point where people are gonna get are gonna be profitable at this? 00:31:07.887 --> 00:31:22.544 And unless Nvidia comes out on Tuesday and says, "Hey, look people aren't willing to buy our chips, and we're not all sold out as we have been for the last so many months," like that part of the equation doesn't really change, right? 00:31:22.575 --> 00:31:36.551 I think the part of the equation that ultimately changes is like, you said, does this open up a window for their competitors, whether it's a Huawei or AMD or something else that comes along and goes, "We could steal a bunch of their engineers. 00:31:36.707 --> 00:31:55.057 We could accelerate what we do." And all of a sudden, maybe two years from now, we're like, "Oh, man, the market is so much more robust because between AMD and Nvidia and some other third-party company, there is more volume in the market, there is more price point choices." and, quite honestly, like that would be a good thing for the overall market, I think. 00:31:55.913 --> 00:31:59.571 It just feels like right now oh this is gonna be it's gonna have some problems. 00:31:59.740 --> 00:32:07.944 I think the, the bigger question is like all of us are like that's all cool, but is this gonna impact our 401k?" Like how much is this gonna impact the financial markets? 00:32:07.944 --> 00:32:08.854 Which You know- 00:32:09.069 --> 00:32:09.998 we can all blame him for. 00:32:09.998 --> 00:32:12.148 It's like everybody in the index fund suffered today. 00:32:12.162 --> 00:32:12.253 It's 00:32:12.382 --> 00:32:12.708 Yeah. 00:32:12.976 --> 00:32:13.500 Jensen. 00:32:13.509 --> 00:32:14.390 You just messed up 00:32:15.007 --> 00:32:15.549 Let's see. 00:32:16.333 --> 00:32:17.474 We're, recording this. 00:32:17.490 --> 00:32:23.760 They are down, oh they're down, they were down about 20 bucks overnight, I think s- cumulatively. 00:32:23.768 --> 00:32:25.230 So yes, they've been down. 00:32:25.233 --> 00:32:26.932 They were up as high as like 210. 00:32:26.932 --> 00:32:31.041 They're down around 160-something, but they didn't, crater to 100. 00:32:31.509 --> 00:32:39.066 There's, there is a certain amount of if, we look at the difference between the numbers that they, produce and the story that they produce, right? 00:32:39.085 --> 00:32:41.703 That's always the what's the value of a stock? 00:32:42.788 --> 00:32:56.726 Yeah I think there i- there seem- the market seems to have some rationality that hey, Nvidia has a relatively deep bench, and if they don't think they have a deep enough bench, they have enough money to go out and get somebody to steer the ship or, do whatever they have to do. 00:32:56.759 --> 00:33:03.567 Now, that could all change if some I, don't think it's gonna change if 10 other affairs come out. 00:33:03.567 --> 00:33:05.137 I don't, I think that's priced in. 00:33:05.138 --> 00:33:11.711 But I do think if there become a bunch of legal things that come in, that, that could muck stuff up a little bit and, so forth, but. 00:33:12.983 --> 00:33:16.756 So this is the last question, and I know you and I have talked about this kind of behind the scenes. 00:33:16.756 --> 00:33:20.232 I don't know if we have any answers for this, but like, why did this happen now? 00:33:20.643 --> 00:33:21.593 Who, leaked this? 00:33:21.973 --> 00:33:23.382 Why did this happen now? 00:33:23.681 --> 00:33:25.948 Who who stands to gain from this? 00:33:25.948 --> 00:33:27.351 Who stands to lose from this? 00:33:27.611 --> 00:33:33.451 I that feels like the thing that really hasn't totally been discussed. 00:33:33.609 --> 00:33:39.362 I know, I guess maybe this is the, way to, step into this, 'cause I don't know if it's been hit upon enough. 00:33:40.313 --> 00:34:07.604 If you're… This, is where it feels like Jensen ran counter to aspects of like the sort of US, I don't know I feel like there's the US set of like investors, and then there's the US sort of military, and maybe those, those two had different O- obviously US military is "I don't want a bunch of really, powerful technologies getting into the hands of our enemies," which understand. 00:34:08.255 --> 00:34:14.440 US investors are like, and this is I think where Jensen fell, which was, "I'd like to sell into as many markets as possible. 00:34:14.442 --> 00:34:19.014 It's not really my job to necessarily have to care what people are going to do with these technologies. 00:34:19.018 --> 00:34:23.353 They're gonna figure stuff out as they go." But it's, interesting timing. 00:34:23.371 --> 00:34:29.887 Do you have any, do you have any new theories on why this happened to happen now in November of 2026 versus any other time? 00:34:30.913 --> 00:34:38.726 My best theory is to your point the people that benefit the most are the people that are staunchly against selling China GPS.

00:34:38.757 --> 00:34:41.994 'Cause obviously China's not benefiting from this, 'cause this has now come out in the open. 00:34:41.994 --> 00:34:48.735 And so if it wa- if they were getting them before, it's gonna be harder now, and if they weren't getting them before it's probably even less likely now. 00:34:49.132 --> 00:34:52.217 So that, that group I don't think they don't benefit at all. 00:34:53.608 --> 00:35:00.722 And but I think the other thing that we should also mention is that some of this was, like, kinda out there a few months ago, I think. 00:35:00.778 --> 00:35:01.012 I don't know. 00:35:01.019 --> 00:35:03.090 But so there's a short fund, right? 00:35:03.090 --> 00:35:05.929 That basically came out, and it turns out they were right. 00:35:06.135 --> 00:35:08.851 They at least, they were at least pointing in the right direction. 00:35:08.855 --> 00:35:09.898 I don't know if they were right? 00:35:10.952 --> 00:35:15.425 So, I think it may be one of these things where the information was kinda…'Cause we kinda see this sometimes. 00:35:16.139 --> 00:35:20.250 Information kinda just sits out there for a while, and no- people aren't really sure what to do with it. 00:35:20.527 --> 00:35:24.806 But then it's just sorta like things come to light, right? 00:35:24.856 --> 00:35:28.552 And it makes it sh- I don't know, it's like Streisand effects. 00:35:28.570 --> 00:35:30.476 Everyone starts looking at one time. 00:35:30.851 --> 00:35:33.501 So I think it's a combination of that. 00:35:33.965 --> 00:35:45.721 The other thing is the parts that I'm super intrigued by, because we didn't talk about it as much, but there clearly was an intelligence report that was written up by Marco Rubio, who's the… Or his, the organization. 00:35:45.721 --> 00:35:50.293 He's leading the, whatever, the NSA or whatever, national security apparatus. 00:35:50.293 --> 00:35:52.445 So they clearly wrote something up. 00:35:52.445 --> 00:35:58.418 So clearly there was something in the US intelligence world that they picked up that triggered it. 00:35:58.449 --> 00:36:04.590 Now, that's the part so I think it's the combination of, like- Something was picked up, right? 00:36:05.112 --> 00:36:13.210 A short a few people knew about it, and then it just kinda came together in a way that ultimately it was like, okay, everyone's looking. 00:36:13.215 --> 00:36:18.733 'Cause as I've been listening to I like like a lot of people listen to this, listen to Stratechery. 00:36:18.739 --> 00:36:25.068 I'm part of the bundle, but I actually went and listened to Sharp China, which is their Chinese foreign policy show, which I honestly I never listen to. 00:36:25.432 --> 00:36:34.775 But they went through it, and they had a lot of interesting things to say about the fact that 'cause we're all calling this person Alice a spy, and they're like, they're, they have a lot more sense. 00:36:34.782 --> 00:36:42.777 They're like, "It doesn't necessarily work that way all the time in China." It's not so much necessarily she was a recruited and a, a trained asset. 00:36:42.820 --> 00:36:50.793 It's more like China kinda got wind that she's a, an executive fronting buying all these GPUs. 00:36:50.831 --> 00:36:55.027 And even the way that the GPUs are maybe using by the China is, it's it's a very gray area. 00:36:55.045 --> 00:36:59.193 They're, like, hosted in an area that's available to China but not in China. 00:36:59.456 --> 00:37:07.469 So it's like the, the Chinese, you know if you will, the equivalent of their security agencies get ahold of it, and they just kinda go to her, right? 00:37:07.469 --> 00:37:18.023 They're just like y- they say,"Hey, listen. We know you have this, this relationship, and you're part of the Communist Party, and we'd like you to just, let us know what's being talked about," right? 00:37:18.027 --> 00:37:21.407 So it's one of these things where it's not as well organized as maybe we all think. 00:37:21.407 --> 00:37:23.289 It's more opportunistic. 00:37:23.652 --> 00:37:27.056 So but this is what's gonna be part of the movie you're talking about is I don't know. 00:37:27.585 --> 00:37:43.427 Maybe the spy craft 'cause again like maybe some of the signs were there as well 'cause we go all the way back to that weird scenario where he was left off the the, I guess the, group that was going with Trump, and then he flew to Alaska last minute to get a ride. 00:37:44.077 --> 00:37:51.543 And I, honestly I heard about it, but with American politics I was like American politics, we just do weird things." I just kinda put that on this is a weird American politics. 00:37:51.547 --> 00:38:03.554 But now you look back on it, and you're like, "Oh, there was clearly a lot of discussion." There was, like, people were disagreeing inside the administration, and I guess Trump or someone was like, "Okay, he's coming," and he got the call, and it's like he obviously wanted to be there. 00:38:04.554 --> 00:38:07.335 So, I kinda look at it and I don't think it's as well orchestrated. 00:38:07.367 --> 00:38:11.637 I think it's just one of those things like information was coming out at ar- around the same time. 00:38:12.655 --> 00:38:14.420 there's some more information we didn't know about. 00:38:14.807 --> 00:38:19.440 But I just have a hard time believing it was like this has all been really well thought out. 00:38:20.210 --> 00:38:25.068 And it's just the people that are benefiting are just the people that had that position to begin with. 00:38:25.077 --> 00:38:28.056 So it's not like they so much went out to make it happen. 00:38:28.088 --> 00:38:29.905 It just worked out in their favor. 00:38:30.664 --> 00:38:31.010 But I don't know. 00:38:31.012 --> 00:38:32.777 Maybe that, maybe I'm being too naive. 00:38:33.159 --> 00:38:40.661 After watching all these spy movies all, all these years, maybe even I don't truly understand how, like, how strategically thought out all of this was. 00:38:40.954 --> 00:38:41.378

Yeah. 00:38:41.496 --> 00:38:41.751 Yeah. 00:38:42.751 --> 00:39:05.204 I almost feel like I, I dismiss the spying thing a-a little bit just because it's like, okay it's like people said, like it would be one thing if the spying thing was, "Hey, we got access to a whole bunch of your, plans for the next three generations of chips and so forth." Like that would be both problematic for Nvidia, but it'd also be problematic for potentially national security. 00:39:05.501 --> 00:39:13.277 If it's just a, hey, this is-- she's just the, front end of a black market for the, the new Silk Road of, GPUs. 00:39:13.969 --> 00:39:16.925 Look, we've had that for we've had that for thousands of years. 00:39:16.927 --> 00:39:19.639 Like that's not… Is it a big deal? 00:39:19.639 --> 00:39:19.965 Yeah. 00:39:19.965 --> 00:39:22.251 Is it potentially violate laws? 00:39:22.362 --> 00:39:22.842 Sure. 00:39:22.860 --> 00:39:24.552 The there's lots of that goes on. 00:39:25.161 --> 00:39:49.043 I do feel-- the one thing that I have been thinking about as I, you know, go through this and just in terms of the timing of it we know that there's been there's a lot of tension between obviously the, the military complex in the United States, which obviously has a big challenge to deal with since so much of, what goes on in warfare these days is intelligence warfare as opposed to just guns and drones and ships and all that kind of stuff. 00:39:50.342 --> 00:40:02.554 I g- the fact that this came out fairly, soon after the election and the election sort of went in a certain direction in the United States that isn't necessarily it went in a different direction than we the, the current administration. 00:40:02.856 --> 00:40:24.409 I do wonder if this was somewhere between the US Intelligence Agency and the sort of the US military, like those, those sort of class of people or those that, that category of folks going, "Okay, look if I assess the United States, you've got you've got a set of people in Congress that are going to want to investigate stuff and muck stuff up that didn't before. 00:40:24.411 --> 00:40:40.538 So okay, that, that would benefit us if we're ultimately trying to prevent these things from happening." We know that Jensen and, President Trump had whatever relationship they had, where Trump was looking away and allowing Jensen to do these sort of things, as he's done with a number of things. 00:40:40.876 --> 00:41:04.199 They might have looked at this and gone, "Okay, this is the right time to figure out if we can at least put sand in the gears more because these things are happening, and we don't really have any way of slowing it down." and they probably said, "Look putting it out there as hey, maybe it's a national security thing, maybe it's a spy thing, it's gonna get a lot of attention." And they probably said,"Look he's a rich guy. 00:41:04.233 --> 00:41:06.547 I'm sure he's he controls his board. 00:41:06.548 --> 00:41:07.974 He runs the biggest company in

the world. 00:41:07.976 --> 00:41:09.242 They're gonna be really loyal to him. 00:41:10.501 --> 00:41:31.266 If they really think this isn't that big a deal, they're just gonna l- let it slide and that's fine, but at least we put it out there." And obviously this is, where I feel like there's probably a lot more to this than is, coming out because shoot, we've had presidents, we've had other CEOs of big companies that have weathered much bigger storms than this. 00:41:31.731 --> 00:41:34.449 And I feel like know. 00:41:34.797 --> 00:41:35.224 The, the 00:41:35.255 --> 00:41:37.592 the idea that is coming Instinct's just been right here. 00:41:37.601 --> 00:41:38.521 More is coming a lot. 00:41:38.934 --> 00:41:39.393 More is coming. 00:41:39.427 --> 00:41:43.876 But you think about this, they they said this stuff has been known since 2024. 00:41:44.396 --> 00:41:51.018 This affair that he's w- allegedly having with one of his coworkers apparently has been out there for many months. 00:41:51.253 --> 00:41:53.885 Like a lot of people within Nvidia allegedly knew about this stuff. 00:41:53.885 --> 00:41:58.996 So it does feel this could have come out at any point in time and maybe they did. 00:41:59.007 --> 00:42:16.992 I just I, almost-- I don't wanna say this is like politically motivated, but I do feel like this is, the US military or the US intelligence agencies going, the winds are-- the winds within the US are shifting enough that, this is the right time to at least slow down this thing happening. 00:42:16.998 --> 00:42:25.938 'Cause they must look at it as it's enough of a threat that if this Silk Road thing is pumping GPUs into China that they're concerned about it, right? 00:42:26.673 --> 00:42:27.213 So I don't know. 00:42:27.213 --> 00:42:36.311 I, that-that's my trying not to be too much tin foil hatty but, thinking about okay, why did this timing happen and who put it out there? 00:42:36.668 --> 00:42:51.106 Because obviously Jensen's not just gonna randomly be like, "Oh man, I just I had a, mor-moral clarity. I woke up one night in a dream and I'm like, I just feel like telling all of you guys that I'm having an affair and I'd like to wipe, I don't know, a trillion dollars off of our mar-" Like that didn't happen. 00:42:51.201 --> 00:42:52.664 Like that totally didn't happen. 00:42:52.764 --> 00:42:53.295 this feeling. 00:42:53.440 --> 00:43:01.563 I like the way when you're talking there, I have this feeling of in like the spy movie and the Jason Bourne movie, like there's a secret room and there's just all the files. 00:43:01.583 --> 00:43:01.782 And the 00:43:01.956 --> 00:43:02.291 Yeah. 00:43:02.672 --> 00:43:03.347 they're just like, 00:43:03.597 --> 00:43:04.097 This was 00:43:04.313 --> 00:43:10.552 It- someone's like, "It's time." "We need to take down Jensen Huang." They're like, "Get the Jensen Huang file and we're about to d- we're gonna take him down." 00:43:10.789 --> 00:43:11.673 Yeah, this was 00:43:11.682 --> 00:43:19.768 it's to your point, it's And it also makes me wonder I wonder how many files e- exist or just like when it becomes, when it comes necessary, we just go get that and we just take this guy down. 00:43:20.420 --> 00:43:22.367 Which is very po- mean, totally possible 00:43:22.867 --> 00:43:30.320 If we put this if we put this in terms of Tom Cruise movies, this was definitely not Jerry Maguire where he wakes up one night and writes the thing that says, 00:43:30.463 --> 00:43:30.742 No. 00:43:30.791 --> 00:43:32.451 I wish we did less." This was 00:43:32.572 --> 00:43:33.028 Right 00:43:33.699 --> 00:43:44.117 where once he became a member of the firm, the, they were like,"Oh, hey, let me sh- let me show you how we're en- entangled with the mob and how we've got all these pictures on you," and you're like, "Oh man, n- I can't get out of this thing. 00:43:44.150 --> 00:43:46.987 There's no way of getting out of this thing." So know. 00:43:47.590 --> 00:43:48.532 I, think we covered a lot. 00:43:48.563 --> 00:43:51.692 I'm sure we're one of 7,000 podcasts that are gonna put this out. 00:43:52.505 --> 00:43:54.759 Maybe we had something new to talk about, who knows? 00:43:55.193 --> 00:43:56.155 But you know- 00:43:56.655 --> 00:43:57.777 it's still early November. 00:43:57.987 --> 00:43:58.137 Think 00:43:58.329 --> 00:43:59.059 Oh gosh, 00:43:59.521 --> 00:44:02.750 when, you know what, we're gonna eat our turkey we'll have, the microphones ready to go 00:44:02.793 --> 00:44:03.023 That's 00:44:03.597 --> 00:44:05.184 always the craziest stuff comes out. 00:44:05.184 --> 00:44:08.117 I- Thanksgiving would be a good time for another shoe to drop. 00:44:08.132 --> 00:44:09.407 Maybe it'll be the spy story you're 00:44:09.552 --> 00:44:09.907 Oh, yeah. 00:44:09.971 --> 00:44:19.320 No, we've got… Look we've got plane plane tales to follow for the next couple of weeks, who's flying in and out of places, and there there's, much more to come for this. 00:44:19.322 --> 00:44:24.786 But man, what an inter- look, neither one of us had… You had maybe Sam Altman gets fired. 00:44:25.786 --> 00:44:26.376 If we had said 00:44:26.423 --> 00:44:27.373 missed that one 00:44:27.483 --> 00:44:31.757 all the major CEOs getting, having a scandal, he wouldn't have been on the top of the list. 00:44:31.963 --> 00:44:33.784 Felt unthinkable just a few months ago. 00:44:33.813 --> 00:44:34.481 Unthinkable 00:44:35.277 --> 00:44:35.885 Unthinkable. 00:44:35.907 --> 00:44:37.088 But yeah. 00:44:37.750 --> 00:44:41.217 I… This is my… So here's the final question that you and I have to discuss. 00:44:42.041 --> 00:44:43.987 This feels like it's got a little bit of Pete Rose to it. 00:44:44.244 --> 00:44:46.182 Does, Jensen still get in the Tech Hall of Fame? 00:44:46.403 --> 00:44:46.802 I feel like he 00:44:47.032 --> 00:44:48.320 Oh, 100%. 00:44:48.769 --> 00:44:51.516 He's if he's not already in he's, just, he's in for sure. 00:44:51.516 --> 00:44:53.771 And also too you already alluded to it at the beginning. 00:44:53.771 --> 00:44:55.547 It's like, listen, the whole, what do we love? 00:44:55.586 --> 00:44:59.000 We love United States loves more than anything a comeback story. 00:44:59.063 --> 00:44:59.253 So 00:44:59.534 --> 00:44:59.744 sure. 00:44:59.898 --> 00:45:00.523 it's not over. 00:45:00.572 --> 00:45:00.871 He's gonna 00:45:00.969 --> 00:45:03.130 it- he'll be, it'll be six months to a year. 00:45:03.132 --> 00:45:04.871 Have a lot of legal things he has to work out. 00:45:05.273 --> 00:45:09.793 Definitely some family timing, s- family issues he's gotta work out, and then he'll be back. 00:45:09.898 --> 00:45:11.721 He'll, and he'll be back wanting to do something. 00:45:11.923 --> 00:45:12.849 I, don't know what it will. 00:45:12.849 --> 00:45:13.326 And you know what? 00:45:13.356 --> 00:45:14.842 I don't know what it is, but we'll be covering it. 00:45:14.856 --> 00:45:15.572 We'll be talking about 00:45:15.793 --> 00:45:16.849 if he wants to lay low, just 00:45:17.336 --> 00:45:18.469 Maybe we'll start a podcast. 00:45:18.498 --> 00:45:19.786 Get get in with us. 00:45:20.380 --> 00:45:23.217 Get on, get out here and just start pontificating like we do 00:45:23.326 --> 00:45:24.041 Hey, you know what? 00:45:24.041 --> 00:45:26.329 If he wants to do a weekly show, he can come on. 00:45:26.534 --> 00:45:26.617 We'll 00:45:26.679 --> 00:45:27.014 We can. 00:45:27.014 --> 00:45:28.706 We have the infrastructure all ready for him. 00:45:28.735 --> 00:45:29.648 He can just come on over 00:45:29.653 --> 00:45:30.507 Just get a microphone. 00:45:30.621 --> 00:45:31.282 We'd love to have you. 00:45:31.942 --> 00:45:32.326 All right. 00:45:32.559 --> 00:45:36.590 With that we're gonna wrap up AI News of the… geez, of the y- I'm gonna say of the year. 00:45:36.788 --> 00:45:38.976 That's sort of AI News of the year for the week, for the month. 00:45:39.603 --> 00:45:40.436 We'll see what happens. 00:45:40.436 --> 00:45:41.630 Again, this is November 12th. 00:45:41.634 --> 00:45:45.146 By the time you listen to this on the 15th or something, who knows what might have happened? 00:45:45.148 --> 00:45:46.472 But with that, we'll wrap it up. 00:45:46.489 --> 00:45:47.360 We'll talk to you next week. 00:45:49.503 --> 00:45:50.432 Thanks for listening. 00:45:50.563 --> 00:45:56.072 Check us out at theenterpriseaishow.com for past shows, newsletters, and all things enterprise AI