AI Panic: Dario’s Warning, Trump’s Dismissal, and OpenAI’s IPO Delay

22:25Kara Swisher:They will move along from you because you didn't get them what they wanted. They're not interested in you. They think you're an idiot. I know this for a fact. And your job is to represent the American people, which nobody is representing them here. And again, let me stress, there's not a 10 % chance that AI will kill us. There's a 10 % chance that these companies and their leaders will kill us. That is what we have to keep saying over and over again. So the known known is the Trump administration will not be effective here, nor do they have any desire. So what could be done? And I never miss a chance to sound more important than I am.

23:00I'm having dinner with James Milliken tonight, who is the president of the University of California. Before that, he was the president of the University of Texas. This is a— This is your board meeting. That's right. Congratulations, by the way. This is a talented man with very strong political connections, with an unbelievable command of education. This is my idea. He needs to hire Alex Stamos and he needs to assemble a collection of technologists, legal scholars, social scholars, philosophers, and put together what is the largest evaluation committee and blue ribbon panel and immediately offer it up for any frontier model and then get, and I think they would sign up, Altman, Amadei, Huang, maybe Musk.

23:44I think they would agree to this thing. I think they are actually at the point where, like, if we don't get something resembling a thoughtful, credible committee or evaluation board that serves as a model for a regulatory board, there have never been companies with multi-trillion dollar valuations that are this vulnerable. I'm sitting here in my hotel room looking at the intersection between Santa Monica and Wilshire Boulevards. If it got out that a rogue bot started fucking with the traffic lights and there were some car accidents here, the next day these companies might have to actually shut down.

24:17Kara Swisher:Yeah, yeah. These companies are so – the media is waiting with bated breath for anything regarding a rogue action here. And can I say I do – again, I cannot stand David Sachs. I think he's been a menace here. But he is correct. The motivation to slow down is not altruistic. They are trying to solidify their strengths, so open source. At the same time that they're warning us, they're trying to protect their businesses so they can dominate and nobody else can. They're trying to quash innovation. And this, I agree with him. That said, he's been incredibly irresponsible in blocking any kind of guardrails.

24:55And so just because you say one right thing, David, doesn't mean I think you're not a menace. In related news, speaking of money, because money, you have to pay attention to the money here. Sam Altman has confirmed that OpenAI will not go public this year. He told Fortune that given the current safety concerns, this would be an ill-advised moment to take the company public. This is just an excuse. They can't go public. Scott, I'd like to play a prediction you made back in February. I think that what was supposed to be the most anticipated IPO was the IPO of OpenAI in 2026, sometime this year, early 27.

25:29I don't think that's going to happen. Whoa. Yeah, I think this company is now, has gone into full, I don't call it panic mode, but it feels as if the momentum has a habit of creating more momentum. And I think the momentum is really negative around this company. Meanwhile, Anthropics have fully chosen NASDAQ for its IPO. Even as it's scared of killing everybody, it will be going public, which could happen as soon as October. So how does Dario move forward with the IPO if he's so concerned? He's so concerned, Scott. And what does this mean for OpenAI? Because these are the two twin, you know, everybody else is peanuts compared to these two.

26:10Well, except for Gemini, but that's within Google. But go ahead. Well, we're never ones to feel bad for tech CEOs, but Dario and Sam are being pulled in a lot of directions right now. They have the society and philosophers and media saying, okay, do you really want to be the guys in your late 30s known as the greatest murderers in history? Or be the ones that are responsible for hospital systems having their power cut off through a cyber attack that thousands of people die because they can't get their kidney dialysis or the emergency room lights go out. They have, I got to believe that unlike Mark Zuckerberg or even Sheryl Sandberg, who I think has given way more credit for not being psychotic than she should, I get the sense, I'd like to think these guys are actually concerned for a lot of reasons.

26:55Having said that, their job is to get their A, B, C, D, E, and F round investors who have invested hundreds of billions in their companies a return. And a lot of these guys, the VCs and the employees have already started spending that money. Housing prices are up 24 % in San Francisco. You don't think that all the engineers at OpenAI have already gone out and started shopping for houses? You don't think the Series C at OpenAI is counting their money and saying, I have this basket of shit in my portfolio and my stake in the B of OpenAI is going to pay for the entire fund and I'm going to be a successful VC finally.

27:35What? You're delaying it? What the fuck? No, get out. These guys are being pulled in a lot of different directions. And because they have a total lack of leadership of a regulatory body that says this is what is required to have a safe frontier model, this is what is required for a company like yours to assess the risks and put out an S1 and actually go public, they're in no man's land. There's too much. Look what's happened in the market just since the kid came out and said there's a 10 % chance of an extinction event. This is what's happened. SoftBank is down 15%. NVIDIA is down 3%. CoreWave down 9%.

28:14Oracle down 5%. Microsoft, Amazon, and Alphabet all lower. NASDAQ futures down 1.5 % to 2%. These, not only OpenAI, NVIDIA, and Anthropic are really fragile right now, the entire economy is really fragile because Trump has made a giant bet on AI, which is responsible for 90 % of the CapEx increase, 72 % of the earnings growth, a ridiculous amount of the GDP growth. So our economy is now resting on a pillar where a guy showed up, a 28-year-old showed up and said, oh, by the way, the 40 % of the NASDAQ is kind of engaged in this thing that might be an expected death of 80 million people, or 800 million if you believe my 10 % calculation.

29:05This is such a failure of leadership and governance. There should have been a regulatory body a couple years ago telling the media. The godfather of, I apologize, I'm all over the place. The godfather of AI right now, Hinton, summarized it perfectly. AI can go one of two ways. There can be a very good AI that helps solve pancreatic cancer, makes people more productive, lowers costs, figures out a way to take care of mom more efficiently, extend life, extend quality. There's all sorts. Figure out threats of nuclear debt. There's all sorts of wondrous things AI could do. Good AI, bad AI. I won't even go into the specifics of bad AI.

29:45We can all imagine them. But the fork in the road, a big component of the fork in the road is thoughtful leadership and multilateral cooperation of which there is none right now. Right. And it's all coming. And that's the thing. Politically, this is a powder keg. California Governor Gavin Newsom just signed a package of 13 bills targeting social media and AI use for kids, creating some of the strongest online protection in the country. The bills include a ban on platforms offering addictive features to users under 16, as well as stronger safeguards for AI companion chatbots. There's also a penalty of up to a million dollars per child.

30:16Social media companies found negligent in causing harm. Still a high hill to get to these people. In signing the bills, Newsom took a victory lap for California, saying we're going to lead the nation again. The bar is pretty damn low.

30:27Kara Swisher:Congress is not going to follow suit on this. Now, I get there's a lot of criticisms of some of these parts of these bills. They don't go far enough. They go too far. They do this. But, you know, this is a patchwork regulatory scheme, even if it's California. And so we need to have Congress, Mike Johnson, who is going to be a footnote, by the way, you won't have your job, Hakeem fucking Jeffries. You better get on this like immediately on the thing because, first of all, people care about it. You've seen them express it through data centers. We cannot have these companies making the rules for the rest of us.

31:03Kara Swisher:Let's just be dead fucking clear about that. When has that ever worked? Never. Never. When has that ever worked? Never. The incentive. Let's let the car makers decide on, you know who changed that? Ralph fucking Nader by being an asshole. And that's great. We need that kind of, and that's what's coming for you people. You don't understand how much people hate you. And they feel it. They feel it in their bones. And so stop playing antitrust games. Stop playing trying to solidify by finding an opportunity. When you are screwing us. You're always trying to find an opportunity, these companies. Anyway, I'm going to stop.

31:38Kara Swisher:We have to move on. Yeah, the hate's about, the populist hate's about to bubble up from data centers to these frontier models. It's the same stuff. Well, you've really blown it, kids. Let me just say, you've absolutely blown it. Anyway, let's go on a quick break when we come back. Mark Carney's power move.

31:57Hey, what's up, guys? It's Babish. And on this week's episode of In the Booth, I'm joined by chef, cookbook author, and food network legend, and Alex Guarnaschelli. We're talking about Chopped, the Hamptons, and what it takes to make a cry-worthy pasta. You can listen now wherever you get your podcasts. Support for the show comes from Framer. Your website is the public face of your business, but that means any blemishes, typos, or ugly designs are showing up loudly and in high def, not exactly leaving a great first impression. Framer is the AI website builder that helps creators, teams, and businesses and ship production-ready sites faster than ever while getting every detail right.

32:36Prompt, inspect, edit, and publish in one place at a whole new pace. It's an enterprise-level solution powered by agents that provide premium hosting, enterprise-grade security, and 99.99 % uptime SLAs. With Framer, agents and humans work in tandem. Agents bring speed and scale. People bring taste, judgment, and control. Framer's agents solve the gap between AI-generated ideas and production-ready website work. That's why leading brands like Perplexity and Miro build their websites in Framer. Learn how you can get more out of your site from a Framer specialist or get started building for free today at Framer.com slash pivot for 30 % off a Framer Pro Annual Plan.

33:16That's Framer.com slash pivot. Rules and restrictions apply. Support for this show comes from NetSuite. When your competition is already implementing AI, your business needs NetSuite Next to stay ahead of the game. You probably know NetSuite, the AI-powered business management suite that securely connects all of your data. It's a unified suite that brings together your financials, inventory, commerce, HR, and CRM into a single source of truth, trusted by over 40 ,000 customers. NetSuite Next is the next big leap in how business gets done because AI is built into everything you do. It automatically surfaces custom insights throughout the day.

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34:27NetSuite.com slash pivot.

34:36Scott, we're back.

34:37Kara Swisher:While Donald Trump has been busy stoking the flames of a trade war with Canada, Prime Minister Mark Carney, we love him. He's a handsome man. He's on the rebound, working behind the scenes to pursue a relationship with the EU. He doesn't want to fully commit to Canada membership and is asking to be an associate member of the European Union. I love that. Just they're going to date. Carney has reportedly been speaking to the EU heads of state about energy, AI, critical minerals, defense, even visa-free travel for Canadians. He's scheduled to address the European Parliament later this year to flesh out his vision for how Canada would plug into its$21 trillion EU economy.

35:09Kara Swisher:What do you think? What do you think? You love Mr. Carney, so tell us. Yeah, I think he's going to be Times Man of the Year. I think he's going to win a Nobel Prize. I think he defines forcefully yet dignified. and I think he's decided, I mean, effectively what you're going to have is, and this is the opportunity for the next presidential candidate, I'd get out ahead of this, I would propose an alliance, not only a free trading zone, but a diplomatic alliance between all democracies. In Carney, what the EU is desperate for is a leader with some power, because unfortunately, the whole is less than the sum of its parts, because what they have is 27 veto votes.

35:48Other than saying what they don't like, it's very difficult for them to band around any sort of serious economic or technology policy because everyone has a say. And this is a big opportunity, in my opinion, for Canada basically to continue in an effective way to say no, that we're not going to be bullied. They have more in common right now with the EU than they have with the U.S. The U.S. will be big losers here. We're under the impression that we can bully anybody. We're a third of the world's economy. We just can't do it. Talking about my lunches. I'm having lunch with a guy who runs$150 billion, and he always says, where's the alpha?

36:26Where are their ideas? My best idea right now is the following. There's$750 billion, or three quarters of a trillion dollars, of commerce. I think every one of those$750 billion is looking for a new provider of those services. And I'm going to say to this guy, what European companies are posed to take a Canadian business away from America?

36:46Kara Swisher:Should Mexico do the same thing? Absolutely. Huge opportunity for Mexico. Quite frankly, I don't think it has the same. That's a correct question and a great idea. I would think that with Carney trying to cuddle up to the Europeans, that if you're some Finnish manufacturer of ball bearings and Canadian, whatever it is, paper companies are buying these ball bearings from a U.S. manufacturer in Minneapolis, I'd be like, hey, it's going to be a little bit more expensive, but we make pretty good ball bearings in Finland. I think there is so much, and to the detriment of American employees, factories, and shareholders, there is so much business that is now up for grabs.

37:25Kara Swisher:Can I say, Trump always says we don't need anyone. I'm like, we need people. Why does he keep saying that? Canada buys more from us than the EU or China. Why does he think we don't need anything? What is that mentality of like, we don't need them, we're bigger, we have no need, they need us? This is why we have such an idolatry for business people and we shitpost our bureaucrats and our diplomats. This is why you need someone who has worked in government as president, not a business person. Business people are used to kind of raw power and leverage and IP and go fast and break things. Yeah. That's not how government works.

38:03Government is alliances and diplomacy and recognizing that if we can get two-thirds of the world to cooperate, we're going to win. And that means giving. It doesn't mean dominating Canada. And you can't dominate. You can't, actually. Look at those hootie pictures. And you can't acquire it. Right. It's not an M &A transaction. It's not a real estate transaction. It's diplomacy and cooperation and recognizing in what is probably, we take for granted one of the greatest evolutions of mankind was people recognizing it's not about conquest. It's about cooperation.

38:43Kara Swisher:That's how the Sapiens beat the Neanderthals. Just so you know, they were smaller. They were less strong. The Japanese used to, when an airman was shot out in the Pacific and he was sitting there and he was healthy, the Japanese used to kill that person in the sea. It was, they were inhuman to our POWs. When they surrendered, we decided, I know, we're going to tax every American household and we're going to rebuild this amazing nation and culture. And we turned them into allies. And markets and friends. And friends. Yeah. And what do we do to Canada? Oh, you've been a remarkable friend. You've hit our diplomats.

39:22You've followed us into Afghanistan. We're going to fuck with you. Yeah. I mean, it's just, Tim Snyder has coined it best. We are in the midst and witnessing superpower suicide. It is. It's true. But it's one man. It's one man with his attitudes and the rest of them go along with it. I mean, there's a new book out by Jacob Weisberg essentially about cowards who are sticking with this. And I think that's going to be one of them. Trump is Trump and he will, I didn't go down badly in history, but the people around him to me who know better are the ones that I think he is stuck in a, you know, that he thinks he's a good business person, which he hasn't been really overall except by cheating.

40:01But the people around him and know better, that's the cycle I'm really interested in talking about going forward after we rid ourselves of this person.

40:11Kara Swisher:All right, let's go on a quick break. When we come back, we'll check in on Mitch McConnell.

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41:28Hi, I'm Bella Freud. Each week on Fashion Neurosis, I invite guests from the world of fashion, art, film, music, sport and literature to lie on my couch and explore the connection between identity and fashion. This week on Fashion Neurosis, I welcome Anthony Vaccarello. Latex was kind of a fetish for me. It's true that I'm starting to have fun at Salon when I understand that you can twist things that seem classic. It took me a while to understand the code of Saint Laurent. And that Saint Laurent was mostly playing with code with the good taste and bad taste. And that latex collection was like very like a deliverance to me to be able to explore things that I was not able to do it before.

42:28Find Fashion Neurosis on YouTube or wherever you get your podcasts.

42:38What's up, everybody? It's Cam Hayward, Steelers captain and host of Not Just Football. We just sat down with Aaron Rodgers, four-time MVP, Super Bowl champion, future Hall of Famer, for one of the most open and honest conversations we've ever had on the show. There was so much to get into, we had to split it into two parts. Part one is out right now, and trust me, you don't want to miss it. Aaron gives us his real story behind coming back for one final season. We also talk about how he was ready to retire once Mike T stepped down and how reuniting with McCarthy changed everything. We get into playing with Mike T for one more year, this year's squad, the old team narrative, who stood out this summer, and what it's like to be in the quarterback.

43:18Aaron also opens up about what he still has left to accomplish this season and what it looks like when he hangs it up with him. And that's only part one. Part two drops this Thursday. That's when we go beyond football. The media, the conspiracy theories, what people still get wrong about Aaron Rodgers, His legacy, Super Bowl ring, the GOAT debate, and the overrated and underrated where things really get off limits. Part one is out right now. Part two drops this Thursday, September 10th. Watch Notches Football with Cam Hayward on YouTube or listen to Spotify, Apple Podcasts, or wherever you get your podcasts.

43:58Kara Swisher:Scott, we're back. And guess who else is? Mitch McConnell has finally returned to the Senate after three months away. He came back in a wheelchair looking very frail, but told reporters he's there to finish the farm bill and keep backing Ukraine. He did not take questions. And again, did I say he looked frail? He shouldn't be there. McConnell was hospitalized in June after a fall, spent time in a rehabilitation center, and announced via statement, not any video, back in August that he would continue his recovery at home. Meanwhile, McConnell has continued receiving his annual Senate salary of$174 ,000 during the absence and, of course, free health care.

44:34Look, as everyone knows, I'm an ageist, so take this with a grain of salt. I don't wish him ill, but every point of data says the following. He's alive in the sense that his heart is still beating, and that is about it. My dad was alive for two years after he turned 93, but he wasn't there. Mm-hmm. And here's, and this goes again to this larger thing I keep harping on about term limits and age gating. We age gate on the front end. We should age gate on the back end. The first thing that goes with cognitive decline is your ability to recognize your own cognitive decline. I believe that Senator Feinstein, who is an American hero in my mind, I believe until the day she died, she thought, nothing wrong with me.

45:21I'm fine. Scott, I'm seeing it in real time with my mom. Literally yesterday, she was like, I should go to New York and live by myself. And I said, if you can get out of that chair and walk out the door, you're welcome to it. And I could do it. I'm like, well, then do it. That's the kind of conversation. And literally, she believes she can do it even though she actually can't do it. It's an astonishing thing to watch, I have to say. It's so counter truthful, you know, but she believes it in a weird way. After my mom and dad got divorced, you know, a dad who wasn't very involved in my life would have to spend every other weekend with me.

45:55He had no fucking idea what to do with me, right? So after we saw every feasible movie that came out, we used to go go-karting. They had these go-kart tracks in the San Fernando Valley, which was, you know, that's a dream for a nine-year-old boy to go go-karting. Oh, yeah. I would love going go-karting just today. It's a ton of fun. It's a ton of fun. And they had video games. Anyways, it was a ton of fun. when I took my father's driver's license from him when he was 84, which was a very uncomfortable thing for him. Very upsetting. I was in the car with him and I thought, my dad's going to kill somebody.

46:29So I sat him down and I said, I need your driver's license. And he said, what are you talking about? Anyways, a very uncomfortable moment. Three years later, I showed up one weekend and said, what do you want to do? And he's like, I know exactly what I want to say. It was his birthday. And he's like, remember what we used to do? He's like, let's go go-karting. My dad thought he could go go-karting three years after I took his driver's license from him. He was willing to get in a go-kart. And let me go to the other side. Joe Biden has metastatic prostate cancer. You know who gets metastatic prostate cancer?

47:0382-year-olds. We can't have these people in these positions of this much power and consequence. Well, take it to Trump. Did you see the picture? Biden looked actually lively compared to Trump at that 9-11 thing. This is where we disagree. I actually think Trump is more robust than you give him credit for. Because he sleeps on the stage. That's why. Because he sleeps in public.

47:25Kara Swisher:Did you see the contrast in how the wives, hand in hand, looking adoringly, Laura Bush looking at George Bush like, oh, you little tiger. I mean, Michelle and Barack Crill. Ivanka literally looks like, okay. Ivanka, it's Melania. I'm sorry, Melania. Freudian slip. Easy thing to make. She literally looks like, oh, God, how do I get away from this guy? How do I get away? And he was sleeping. That picture is like the love between these two. So I'm saying, fine, he may be more of us, but he's too old. He slept during the 9-11 thing. Like, stop it. Like, are we going to stack rank elderly people? They all suck.

48:05Well, that's the point. There will always be an example. There will always be a Nelson Mandela, right? My 15-year-old can drive, but he's not allowed to get a driver's license. And if a 34-year-old Momdani is not allowed to run for president, then Mitch McConnell or Charles Grassley or Dianne Feinstein should not be allowed to serve at their age. Jesus. We have to have term limits. Scott and I are going to say this until the end of fucking time. It's going to happen. We're going to make it happen. It's like ridiculous. Mitch McConnell, please just go home and just rest. Or at a minimum, if you're going to play baseball or you have to pass a physical, otherwise they don't have to sign your contract.

48:45I think every 12 months, an elected official has to pass physical, otherwise they don't. To be an airline pilot, every year, my brother-in-law's father just passed away. Talk about an amazing life. He was a gunner in an ME-109 Messerschmitt. Schmitt, when the war ended, they said, change into civilian clothes and be very clear, ride your bike west. You want to surrender to the Americans, not the Russians. He ended up becoming this world-class physician. And one of the things he did later in life as a doctor in San Francisco was he was the guy that had to give pilots physicals. And if a pilot doesn't have the gross motor skills and the cognitive skills and the reflexes, They're like, sorry, you can't fly.

49:30See you later. But Mitch McConnell can decide how much money we're going to give.

49:37Kara Swisher:One of these people that was close to him said to me, well, we have to give him his dignity. I go, we don't. We don't have to. He has his dignity if he leaves. You'd give them more dignity if you mandated retirement at 72. It makes it easier for them to leave. Yeah. My mother screamed at me yesterday about that. And I was like, okay, you're staying right where you are. Doesn't really matter. You're not tough. for being very kind, actually, in doing that. Anyway, one more quick break. We'll be back for wins and fails.

50:07Support for this show comes from Klaviyo. Let's set the scene. It's late. The team is tired. You've got a global launch coming up and your customer inbox is full. No worries. Meet your new best friend, Klaviyo. With one prompt, Klaviyo's AI agents build the whole campaign. The emails, texts, WhatsApp, all in your voice and find your next sale before you do. And nothing goes out without your okay. Plus Klaviyo answers those emails and every new one still sounding like you. It does this because customer data, marketing, service analytics, and AI agents live in one place. Klaviyo, idea to launch support handled one evening.

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50:57When you hear an old Motown song, do you ever think about just how good it makes you feel? Well, that was not an accident. I'm Will Anderson, and this week on my music history podcast, The Monday Music Club, we're diving into the early years of Motown Records and how they crafted hits with factory-level precision. With the help of Otis Williams from The Legendary Temptations, we walk through the entire creative process and history of the label, its founder, Barry Gordy, and our favorite acts like The Supremes. So if you've ever sung along to Motown songs and want to know more about the incredible people behind those timeless hits, check out this week's episode.

51:31Just search for Monday Music Club right now, wherever you get your podcasts. Here's a little preview of the episode. HTH had written the song and it was ready to be recorded, but as Otis tells us, it was originally intended for someone else. When Holland Dush and Holland brought Where Did Our Love Go? They brought it to the Marvelettes first. Bang, bang, bang, bang. Where'd that? No, we ain't singing that. So HD said, okay, fine. Took it to the Supremes. The Supremes wasn't knocked out about it, but I guess they said, well, we've recorded enough stuff. Let's try this. They recorded that. That was it.

52:03Ran up the charts, and they had seven number ones in a row. Support for this show comes from Quince. Do you have a favorite thing in your closet, the thing you look forward to breaking out every year? Maybe it's your favorite sweater, the jeans that go with everything, or the bag that goes wherever you do. Those are the pieces that earn a permanent place in your wardrobe, and that's exactly what Quince does so well. Quince makes elevated, everyday essentials using premium materials like Mongolian cashmere, organic cotton, and washable silk. The designs are timeless, thoughtfully crafted, and made to be worn again and again.

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53:28Okay, Scott, wins and fails. I'm going to go first. Yes. My fail is this ProPublica report that Russian oligarch paid for Donald Trump Jr.'s wedding. These people have no fucking limits, these people. Umar Kremlev, who was apparently close to Vladimir Putin, kicked in hundreds of thousands of dollars in wedding expenses.

53:47Kara Swisher:these people have no limit to their corruption this is insane i mean like hunter biden gets in trouble for a laptop and a painting and some dumb ukraine it's stupid and i agree corrupt but this is astonishing paying for for the president's son's wedding from a kremlin oligarch that is close to putin it just seems to me we have well passed anything that even the smell test here it stinks to high heaven. And, you know, it just, I just, that was just, I love ProPublica. They are doing God's work. I have to give them, they've broken lots of stories. By the way, so is the Washington Post and the Wall Street Journal recently.

54:27Amazingly good stories about corruption and everything else. And also the New York Times, but this week, particularly the Washington Post and this and the Wall Street Journal. My win, of course, is Practical Magic 2.

54:39Kara Swisher:I haven't seen it yet, but it killed it at the box office. $46 million. This is Sandra Bullock and Nicole Kidman. I am an enormous Practical Magic fan. It didn't do well when it came out, but has since become like Hocus Pocus, a very popular movie, especially among millennial straight ladies, of which I am not, but they love it. I love this movie. And I actually, first, I impugned my beautiful wife by saying, of course, she wouldn't have seen it because she's a movie snob. She and I watched it on Saturday because we're going to go to see Practical Magic on, because another friend of ours said, I love Practical Magic.

55:11And we watched it and she thought it was delightful. And it is, it holds up rather well.

55:15Kara Swisher:Sandra Bullock and Nicole Kidman, especially Nicole Kidman, is very funny. They've made a remake. It's doing incredibly well. They're doing a great job on social media. It was originally directed by Griffin Dunn, who I have a lot of regard for. I forget, I don't know who the director is this time, but amazingly thrilled that this did so well and showed, once again, certain things can have a renaissance. There's a lot of these movies like this that are coming back and making apparently a very good movie. So congratulations to Sandra Bullock and Nicole Kidman and Practical Magic 2. Good job. You're killing it at the box office.

55:49Anyway, that's my... Yeah, it doesn't surprise me that you like this irreverent, lighthearted 90s cult classic where the...

55:57Kara Swisher:Witchies. Where the Owens family curse is... Imagine your ultimate defense mechanism against bad relationships with a man is literal death sentence for the guy. They die. I mean. They die. It's really good. Oh, my God. Aidan Quinn was in it. What happened to him? He was. That is the ultimate in ghosting. I know. It's ha ha ha ha. Oh, it's so adorable. Oh, it was such a good movie. And Amanda loved it. I just want to say. I'm glad you're happy with it. Oh, my God. Come on. It's such a movie that you would be so awkward during, I would imagine. They're so cute with a coconut and Stockard Channing.

56:34Kara Swisher:And by the way, Diane Wiest are back again. I love Diane Wiest. Amazing. She is. She's one of the best characters in one of my favorite movies, Hannah and Her Sisters. I'm so excited. We have a whole group of ladies going out to see it next Saturday night, and we're very excited. One of my favorite movies is Hannah and Her Sisters. I didn't love Hannah and Her Sisters. I didn't love Hannah and Her Sisters. What? No, I didn't. Oh, you got to see it again. I'm not a Woody Allen fan. Michael Caine, Barbara Hershey. I love all those actors. Mia Farrow. I love all those actors. I wasn't. And the only thing that made me laugh is when— I was talking about this with someone else.

57:03Kara Swisher:Remember when you went into like the Blockbuster or the video store, there was always a porn section, right? I would know about that, Cara. Yeah, there's always a porn section. My favorite thing was wandering into the one in D.C. in DuPont Circle. And it was an old store, one of those old-timey stores, not the Blockbusters 2. And it wandered into the porn section. And there was a movie right there called Hannah Dusser Sisters. Hannah Dusser Sisters. Best porn name ever except for Rambone. Anyway. By the way, Kara, just FYI, nobody wanders into the porn section. There are signs everywhere. You go in there.

57:38No one acts, hey, how did I end up here? Porn. That's like catching your son on a porn site. Yeah, it just happened.

57:45Kara Swisher:I love that porn section. That was such a good thing. Porn used to be so much better that you had to go into somewhere. I don't know. Trust me on this one, Kara. It's gotten pretty good. I know, but going in is the whole thing. Anyway, okay, win and fail, please. Okay, so my win. My win is Newsom's child safety laws. Governor Newsom signed more than a dozen online child safety bills Thursday, which is likely the strongest package of protections for young users in history. AB-1709 bars social media platforms from offering addictive features, infinite scroll, autoplay video to users under 16. It's the first law of its kind in the nation.

58:29SB-1119 requires AI companion chatbot operators to assess the risks of their products posted to children, document what they find, and hand the results to an independent auditor. It also requires age verification, limits minors' exposure to inappropriate content, and restricts AI companies from advertising to kids. It's known as Adam's Law, named for Adam Rain, a California teenager who allegedly committed suicide after receiving directions on how to do so from Chad GPT. Whenever I'm giving advice to young people or professional advice about I really want to get promoted, I'm like, the way you get promoted is you start doing the job.

59:06And you make it just easy. So all they have to do is change your title and compensation. There's no risk to promoting you because you're already doing the job. So in my view, and I'll get shit and people call me, but whatever. Governor Newsom is already acting like a president. These policies should have been implemented at a federal level. And there's a huge void and he's filling it. And imagine how hard it is for the governor of California when the reason you've gone from being the fifth largest economy in the world to the fourth largest is in no small part because of tech. And he's the one regulating them.

59:41It would have been much easier for the governors of Mississippi or of Kansas to pass this legislation because they don't have economically or politically well-connected corporations pushing back on him. And yet he got this done. This is a big win. And this will be potentially a model for much needed overdue federal legislation. Anyways, my win are this package of online safety bills from Governor Newsom in California. Yeah. My fail is essentially, I mean, we've built a trillion dollar industry that is now grading its own homework. Dario Amode, the guy running Anthropic, has said publicly, don't trust the industry itself to self-regulate.

1:00:26He said it himself. Sam Altman is telling Fortune it's too risky to take OpenAI public right now. So when the people who are building and would benefit most from this rocket are telling you not to get in it, it's not fear-mongering. That's data. I mean, this feels pretty serious. We didn't let Boeing certify its own planes or Pfizer approve its own drugs. We built the FAA and the FDA. It's time for the AIA, the Artificial Intelligence Agency, before Congress's answer or Mike Johnson or Speaker Johnson's answer to what do we do is just let's schedule a meeting. This is an enormous failure of governance.

1:01:10The job of government is to prevent the public from a tragedy of the commons while also balancing that with economic growth. We have erred so far to the side of economic growth that even the actors who stand to benefit most economically are saying, OK, mom and dad, you probably do need to set a bedtime for me. I probably do need to be reminded to eat. You know, this is gone. There is such a void. The CDC needs to be embedded in these organizations. So when you have corruption, I think the corruption here is bad. I think it's a terrible example. I think what's even worse is the incompetence. And I've said this.

1:01:52This is a mob family running the government. That's the bad news. The worst news is that Michael is running the grift. Some of the grift is actually quite elegant. I respect it in a weird way. Fredo is running the government. The level of incompetence and the lack of any sort of long-term thinking or ability to understand technology or diplomacy or that the whole is greater than the sum of its parts with our allies, how economically stupid and damaging tariffs are, and now to totally ignore the existential risks, thinking if we ignore the existential risks, the economy will grow faster? No. At some point, these companies are now incredibly vulnerable to anything happening because the view is no one's home.

1:02:40There's no prison guards here. Yeah, I think you're not worried about AI as much as surviving Donald Trump's incompetence. That's a good way to put it. That's what I'm most worried about. Excellent, excellent ones. I feel you're absolutely right about this. We'll see what happens. And by the way, it's always in their self-interest. They will take an advantage no matter where they are, including trying to squash competitors. Anyway, we want to hear from you. Send us your questions about business tech or whatever's on your mind. Go to nymag.com slash pivot. Submit a question for the show or call 855-51-PIVOT.

1:03:11Kara Swisher:But, okay, that's the show. Our second show with Scott coming back. I'm so excited he's back. Thanks for listening to Pivot. Be sure to like and subscribe to our YouTube channel. We'll be back on Friday. Today's show was produced by Lara Neiman, Zoe Marcus, Taylor Griffin, Todd Wiseman, and Christine Driscoll. Our new owner, Todd, Andrew, did the episode. Thanks also to Jubres, Ms. Severo, and Dan Shallon. And Shad Kurwa is Vox Media's executive producer of podcasts. Make sure to follow Pivot on your favorite podcast platform. Thanks for listening to Pivot from Vox Media. We'll be back later this week for another breakdown of all things tech and business.