Trump's Tariffs Return, Kalshi's Midterms Hub, and Elon's AI "Odyssey"

20:30This is not in the script, but I use Cloud. I use Cloud Cowork, and I have enabled or activated my email such that it can go through my emails and answer questions. And I found that to be one of the biggest unlocks in terms of productivity and utility in my professional life.

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22:08Kara Swisher:Scott, we're back. Anthropic is making a big bet on the midterms, recently doubling its spending to a total of$40 million. The money is going into public first action, a pact pushing for AI regulation. It's a counterweight to leading the future, a PAC backed by Andreessen Horowitz and OpenAI's Greg Brockman. It's not just execs. Filings show Anthropic and OpenAI employees are emerging as a new donor class, pouring money into races. Anthropic is also writing big checks outside of politics. A federal judge approved the company's$1.5 billion settlement with authors whose work were used to train Anthropic's AI model, Claude.

22:46Kara Swisher:They're essentially thievery of copyright. right? The crypto folks have had a major impact on the last election. Is this the AI election? We had talked about that. Obviously, Sherrod Brown, he may be back, got whacked by the crypto people. I think Elon's now put$90 million into the midterms right now. Is it again, is it all about AI at this point? Well, I've been doing all the talking. What do you think? I think that's what they're doing. I think they really very much want to control. They're very worried about a couple of things. One is the regulation around the country, around AI in states. They're particularly nervous about that, of which are popping up everywhere, the uses of AI.

23:26Kara Swisher:They're worried about the uses. I think the idea of social media being banned, they're sort of getting used to that. And France just did that. I think that they are worried about data centers. And as you say, as a proxy for everything else, I had a long talk with someone from one of these companies today about what to do and maybe change their tone with citizens on data centers, because they realize they look like villains. And what can we do to not look like villains? And they were asking me my advice. And I said, well, maybe don't be villains, which they were like, we're not villains. I'm like, people hate you, which is what I had told them at a dinner a while back.

24:03Kara Swisher:I said, people hate you and they're going to hate you more. So I think them entering even more politics is really problematic for all of us because, you know, we don't want to get into a sharks versus jets thing between the anthropic people and the open AI, Elon Musk, Andreessen gang, essentially. That's what it feels like, because I don't think it's in the interests of good legislation. I don't think it's the interest of safety. I don't think it's in the interest of bringing AI to all of us. I think it's the interest of protecting what their business is, essentially. Yeah, the way I read this, so Anthropoc is claiming they're putting money into an organization that's actually promoting stricter AI regulation, which feels sort of counterintuitive.

24:49counterintuitive because typically an industry or a PAC representing an industry gives money to try and stave off or delay and obfuscate regulation. I sort of saw it as they recognize how powerful and what a great ROI it is to invest in Washington. So this is sort of their ticket to the conference where they're going to network and establish relationships should they need those relationships.

25:13Kara Swisher:I don't think any of them have an interest in any actual legislation, none at all. I think this, Mark Zuckerberg did this, please regulate us, please regulate us, and then did everything possible to stop it. Even Apple does it. We talk about age verification and other things, and they block it everywhere you go. And I don't think, I think these people like no regulation. And I think this money is incredibly dangerous by this one group of people, no matter what side they're on. I don't like either side, pretty much. Yeah, look, it's all roads lead to the same place. unless we overturn Citizens United and we get some semblance.

25:49I mean, I think that money is going to decide this election for the most part or have a big influence on it. And companies running unfettered, it's just, anyway, I'm on a broken record here.

26:03Kara Swisher:Well, speaking of that, they may not have unfettered money. Executives at OpenAI and Anthropic are warning about the rise of cheap AI from China, which we've talked about a lot, saying it will lead to security risks and a dystopian future. The Trump administration says it will look into whether AI has been distilled from American models. Of course, they have, saying it doesn't support IP theft, which is rich from these people. In an attempt to gain ground over China, the U.S. plans to overhaul federal funding to support individual scientists and the use of AI rather than universities, which is individual.

26:34Kara Swisher:This is a real problem. They're starting to give money to individual star scientists. Meanwhile, on a security front, OpenAI Models went rogue and hacked a startup hugging face during a security test. They were bragging about it a little bit. It was unprecedented that we managed to attack another company. What happened was the AI jumped out of the sandbox it was in and went around all of OpenAI's security efforts and went and attacked a company on its own. So to me, I'm not sure these executives are worried about the future or just worried about competition. How do you look at this? You were the first to mention this to me, this threat from China.

27:18Well, in January of 2025, which was not long ago, about 10 % of token usage was coming from Chinese open-weight models. As of today, it looks like it's 58%. So what you effectively are seeing is this bifurcation in the market where American models are turning into German automobile manufacturers. They're high end. They're more expensive. And even though you have 58 % token usage from the Chinese models, on a revenue side, the American models, the frontier models are much bigger businesses because DeepSeek charges about 135th of the price for token usage. So I think this is just turning into the automobile market where you're going to have a high-end BMW or Mercedes, and then you're going to have Toyota, Hyundai, Honda.

28:08So they'll produce more cars. They'll produce more AI. It'll be lower margin. But the market's bifurcating. And there's still a market for the frontier models. So there's certain applications where people want the best, latest, greatest model with more security, more testing, someone you can sue, someone you can call with customer service complaints. They'll probably do a better job of hiring some of the people in this room to figure out how to monetize it through advertising. But you now have essentially, I would argue, that AI, I mean, on a volume level that China has already won. And it's not a race to see who has the smartest model.

28:44It's a race to see who can put the most AI in the most people's hands. Correct. And right now, right now that's China.

28:51Kara Swisher:And the backlash to data centers will be part of that. They'll be able to do more compute there. They'll be able to get it to more people. And the backlash to data centers is these companies own fault for the way they behaved. Even if some of them, you know, I ran into the mayor of Lansing, Michigan, who had a great deal from one of these companies. And the citizens just didn't want it anyway because they hate them. like that, which I keep telling them. I don't think they like me saying that, but they do. People hate them. All right, let's go on a quick break. When we come back, we'll talk about France banning social media for kids under 15.

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31:39Kara Swisher:france has banned social media for children under 15 it's the first country in the eu to pass a blanket ban and the bills also bans the use of mobile phones in high schools last year australia banned children under 16 from having social media accounts the ban is failing to keep teens off the platforms um this is this is a worldwide trend and it will be coming here at some point and relatively soon. And I suspect the social media companies, some of them are going to get on board with it. Yeah, look, we've been talking about this for a long time. We're going to look back on this era, I think, and regret income inequality.

32:15We're going to regret Citizens United and money overrunning Washington. But I genuinely believe our biggest regret for parents is we're going to look back and think, how do we let this happen to our kids? I think that I just don't see any piece of research any rational argument for why any of our children should ever be on social media under the age of 16. I mean, just imagine being that age, just as you're thinking about your social capital, your sense of self, you're physically awkward. You're growing too fast. You have weird skin. You're being evaluated. You're starting to recognize your own sexual self and what's attractive and not attractive.

32:57I mean, you're just so fucking insecure, right? Remember that?

32:59Kara Swisher:No. No? Well, the rest of us. And then the high school cafeteria is following you around 24 by 7. And I think social media is really damaging to young men because they get radicalized and they sequester from the relationships. I think it's especially hard on teenage girls, though, because boys bully physically and verbally. Girls bully relationally. And we put these nuclear weapons in their hands called smartphones. And I think in high school, I just think the level, the expectations on aesthetics, the unreal memetic benchmark that teen girls are supposed to live up to, the bullying, it's like a giant eating disorder waiting to happen.

33:44Kara Swisher:Or it's a distraction in school where you aren't paying attention to teachers. You're watching some latest dance video. Yeah, but most schools, even before, if they don't ban phones, they only use them in class. Correct. But I think the use of them creates a distraction and a lack of, including the chatbots that are now very popular among young people. But what a lot of people, their initial argument was ridiculous shit like, well, 15-year-olds have First Amendment rights and they're socializing. And then they went to, well, it's bad parenting. And anyone who thinks keeping your kid off your phone is about parenting doesn't have kids.

34:24because unless there's a collective ban, the research my colleague Adam Alter did at NYU was that what they found is that unless you ban it all for all teenagers, the kids whose parents take it away are more depressed because they're ostracized and isolated from everybody else. So unless it's a collective universal ban, it doesn't work. But this is just, this is literally a no-brainer. This is, in my opinion, one of the most, It's got bipartisan support, all the research in the world showing there's just very little we give up when we don't let our 15-year-old daughters and sons on social media.

35:02Another colleague, Jonathan Haidt, I think has done real good work. I think this is going to sweep over Europe in a matter of months. Absolutely.

35:07Kara Swisher:It's a question of when it's going to sweep here in this country, which we'll wait and see. I do think the social media companies are suddenly starting. The only reason I realize that is suddenly they're calling me, which they don't speak to me ever. and now they're like, hey girl, I'm getting a lot of hey girls from all these companies. You speak to all the time, didn't you just, I thought you talked to someone today that - I did, but I'm just saying, I'm just saying they're hey girling me recently. I'm just, but it's not, but they haven't in a long time, which is interesting, which is an interesting thing.

35:37Kara Swisher:It's like, we know we have a problem. I'm like, you know, no shit Sherlock. In any case, moving along, speaking of which, this makes me laugh, The Daily Show is taking on micro dramas. Comedy Central announced the show. It will produce the first of its genre, a serialized soap opera shot vertically designed for phones. A title will be Two Billionaires Fight to Dominate the Country and My Heart. The series follows Alanka, a daughter of an aging and sleepy president, two moguls, Egon Husk and Jif Davos, will compete to build an AI president to run the country. I feel good about this. I feel great about this.

36:15Kara Swisher:If they did a microdrama about your life, what would it be called? Cialis? Okay. I love that they're doing this. I think they've done it. Doesn't this feel like everyone should come here, like when they're divorced? Yeah. I think my third wife is here, so my next ex-wife is somewhere in this crowd. I'm not going to say a word about that. I'm going to move on. I'm moving on very quickly. Tesla earnings just came out with a company reporting weaker than expected numbers for Q4, even as revenue rose to$28 billion, up 26 % from last year. The company is citing a hit from lower vehicle prices despite increased auto sales.

36:50Kara Swisher:Tesla also shares jumped in operating expenses and CapEx as it pours money into robo-taxis and robots. But as part of Elon Musk's master plan, he's calling it a massive CapEx year that will yield, quote, maybe the best CapEx returns that we've ever seen. But thoughts on Tesla? He's going to fold it into SpaceX, which is, by the way, at$115 a share. That's heading down. I don't know. Actually, I don't know if he's going to be able to now if it keeps going down. But Tesla's doing exactly what it's supposed to be doing. It's an automobile company that's reaching scale, and it's no longer as differentiated because other entrants have entered the market.

37:25And as a result, you see margin compression because the only way they can maintain their share is to lower prices. And to their credit, their vehicle sales were up dramatically. Yeah. Not for the Cybertruck.

37:37Kara Swisher:They sold 7 ,000, 3 ,000, which were to— Well, that product's a head on arrival. So, but they are, their volumes are way up, but their margins are being compressed. And that's where you're going to see every quarter. What I think the analog to the previous story we were talking about is the same thing is going to happen in AI. There's going to be more AI. The same thing, China did the same thing with EVs, did the same thing with batteries. It did the same thing with shipbuilding. And that is what we forget about in business is we're so in love with the innovator. We think the key to shareholder value is to build the best model.

38:10It's not. It's to put the model in as many people's hands as possible. The fastest zero to a billion dollar retailer was Old Navy. That did not have the coolest fashion. It offered 80 % of GAAP for 50 % of the price, which is the entire strategy of China. And what Tesla is doing right now is they're being forced to lower the prices because BYD can come in with 80 % of a Tesla for 50 % of the price. And circling back, they're going to do the same thing with AI. The majority of us, or a lot of us, especially in startups or with CFOs who are very, very disciplined are going to say, if you can get 80 % of Anthropic with DeepSeek or Kimmy or whatever it is for 10 % of the price, folks, this is the AI we're using.

38:55And the same thing is happening, the same pressure is being put on Tesla.

38:58Kara Swisher:So what happens to Tesla from your perspective? Where does it go? I think it's a great company. I think it's a great car. They need more cars. They need new cars. Sure. Every automobile company has that problem. But the thing about Tesla, it's not that it's not a great car company. It's not that it's not got a great product. But he's been trying to promise something like robots. Do you know what the total number of non-manned or non, I don't know what the politically correct term is, non-personified, someone in the seat? You can use manned. Non-personed. There's 24 Teslas on the road globally now that don't have a person.

39:40Kara Swisher:A robo-taxi, right. Right. I think Waymo's at$4 ,000 or$5 ,000. Yes, they are. But he will always say, here's the Roboven. Here's robots. Yeah. I got a card up my sleeve to justify a valuation, a software valuation, on a company that wraps steel around an axle that is typically a low-margin mature business. So where does it go? it goes to the same place. Great company, a lot of cars, they'll come up with new products, and it will trade, I think, at 70 to 80 % less than it's trading now in the stock market. Yeah. And it doesn't get folded into SpaceX. If the stock keeps going down, it's going to be very hard for him to say, now take on another problem or now take on something that's not related.

40:24I don't know if he's going to be able to do that if the stock continues to crater.

40:30Kara Swisher:Do you consider it's going to continue to crater, SpaceX? It's close at$114 today, I think$15 maybe. Yeah, so now it's only overvalued by 80%. I mean, just look at it. One of the problems I have as an investor is I always anchor off of where it was. So I think a lot of people are going to say, wow, it's cheap now. No, it's not. This is a company worth, I think, 1.4. Now it's trading at a cheap, cheap 70 to 80 times revenues. I mean, it's just insane. And I don't know if you've been watching this. It's literally going down 3 % to 6 % every day. Every day. Every day. Every day. This is something a very good investor, George Noble, said it's a$30 stock.

41:13That's the people are putting price targets on it of between$30 and$60, except for the folks who underwrote it and took a lot of fees. $200. They're claiming it's worth between$200 and$300 a share.

41:23Kara Swisher:Who do you believe? I think it's a$30 stock. Yeah. Maybe. Yeah. I mean, it's basically Comcast in space, which is a cool business. But you want to talk about the most ridiculous look over here as I stuff a rabbit into a hat? Yeah. Data centers in space? Yeah. Have you ever been to a data center? Yeah. There are enormous concrete facilities. It costs, I think,$75 ,000 per kilo to… Yes. Most people who know about this said it's impossible, actually. But now he's talking about putting quantum computers on the moon. He did that the other day. To what end? Because they don't have earthquakes there.

42:07Kara Swisher:You can't have earthquakes. Quantum computers don't work yet. But when they do, we can't have earthquakes. And it's colder. I'm just telling you. That's his latest. Actually, he has another latest. We'll talk about it in a minute. All right, Scott, one more quick break. We'll be back for predictions and audience questions.

42:27There's a civil war happening in the Democratic Party, and if there's one place that that's playing out most clearly, it's in Michigan.

42:34Kara Swisher:A crucial Senate primary battle in Michigan that could determine control of Congress in November. Congresswoman Haley Stevens and Abdul El-Sayed. A progressive Democrat and a moderate Democrat. In the end, it all comes down to the dreaded E-word, electability. But in Michigan, one candidate is trying to turn the electability concept on its head. If we think that voters walk around asking, where do I sit on some theoretical left-right spectrum? Then in theory, the bulk of the voters are somewhere in the middle. The problem, though, is that that model hasn't really accurately predicted our politics for a very long time.

43:10Kara Swisher:If Michiganders wanted moderate, why would they have elected Donald Trump twice? Dr. Abdul El-Sayed is making the progressive case for America first. And he's trying to settle the Democrats' ideological battle in the process. This is about the many versus the money. I'm Estet Herndon, and this is America Actually. Catch us every Saturday on YouTube or wherever you get your podcasts.

43:36Kara Swisher:Okay, Scott, we're going to hear a prediction. My prediction is that his version, Elon right now is very upset at Chris Nolan and the Odyssey. I know you know that. It made$250 million this week. It turned out Woke Odyssey was very much liked by the people. Elon's still mad about it. He's still angry, so he's decided he's going to do an AI version of the Odyssey that's historically accurate, despite the fact that the Odyssey is fiction. It's a myth. It's exactly. That's correct. It's fiction. It's fiction. Okay. But he's real mad about it. So I predict this movie is not going to be very good. look at it so he just put on display on the network a movie called i think the vigilante which is arm and hammer the guy who played the winklevi yeah and it's about a guy who seeks revenge on behalf of victims that were killed by immigrant families and a lot of people felt like it was very islamophobic and my view is i love what you said you don't like chick-fil-a don't eat a chick-fil-a right you think that's true don't watch it you don't want a non-white woman playing Helen, all I care about personally is that she's hot.

44:48That's all I want. That's the only criteria. You don't want a transgender man playing a warrior? Fine. Then don't see it. But is it any more fake than Tom Cruise is a straight leading man?

44:57Kara Swisher:Yeah. On that note, what is your prediction? And then we'll get to a question. I got a couple of predictions. One, well, I made the prediction. You're seeing the market in AI bifurcate into German automobile, high price, high margin, companies that won't be as relevant is the Japanese or the low-cost manufacturers, which will be Chinese AI. I think China, quite frankly, I hate to say it, at a certain level, has one AI. We just haven't woken up to that yet. I would agree. And then two, you're about to see the clip economy take over our TVs. I think the biggest show on television from Netflix or someone else is going to be a 60-minute compilation of two - and three-minute videos similar to what you see on Reels or TikTok.

45:42I think that's about to wash over the traditional streamers you're going to see.

45:47Kara Swisher:You know, that was a big show back in the day. Do you remember kids say the craziest things or bloopers or America's funniest home videos? Yeah, that's the same thing. Yeah, those were that all linked together. So, okay. All right. So with that, we'll open the floor up for two audience questions. I'm just curious for both of you, who is sort of an under the radar creator right now, whether it's a sub stack writer or a YouTuber or a podcaster that you love, you forward to your friends that but no one we don't know and that people are going to hear about it from a year from now that we'll all kind of know about in a year from now.

46:19Huh.

46:20Kara Swisher:What do you what do you watch? mine are weird i like the geo who's are who talks about military weaponry and strategy um uh i like gary's economics he's a total populist economist you know i thought i follow boring weird stuff i don't you know i'm the guy who watches world war ii in color my favorite actor is hitler i'll watch anything about war um so my creators are probably not ever going to be that big. Right. That's really depressing. I watch a lot of the food ones. There's a guy, and I don't know his name, and he screams a lot and he grows ginger. But he's this food guy who does, he's very, my son put me onto him.

47:04Kara Swisher:And I actually listened to what my kids listened to, because my second son was very into the guy who ended up doing backrooms and had tagged him for me on YouTube to watch and was very familiar. People should not be surprised that was so popular. All the kids knew about it on YouTube. So I tend to listen to what my kids listen to. Like I tend to watch what they look at. But I think there's just, all over the place, there are so many amazing ones. And I think, I happen to look at food ones. And this young guy does the most astonishing about growing things. And again, my son put me onto him because he does a lot of gardens and stuff like that.

47:47Kara Swisher:I'm trying to think of anybody else. I've got one more, and I guess he's technically a creator, but I think we have, I think that George Carlin, no one knew George Carlin was the George Carlin of his generation until after he died. It's like right now, I think we're, you never know when you're in a golden age until 20 years later. I think we're in a golden age in New York. I think New York's incredible right now, and we won't recognize it until 20 or 30 years when it's shitty again and everyone will go, remember in 2026? I think that George Carlin of our age right now is this British comedian named Jimmy Carr and I find him just so insightful and funny and brutally honest.

48:21He's one of my favorite creators that comes up in my feed.

48:23Kara Swisher:Yeah, and any of the comedy ones I watch a lot. Yeah, I also like Rita Fias. She's basically a porn star. Yeah, I listen to all... Who? Who? Who? Rita Fias, is that her name? Yeah. She's just in my feed a lot. I don't know why. Yeah, yeah. So sorry we're not so good on that. He knows her. All right, one more. That guy's like, I said that. He's like, uh-huh. One more. Right here. Right here. Right here. One more. Hey, Scott. Hey, Karis. Jason Adelman from Brand Innovators. How are you? Hi. Hi. So my question is not a funny question because I'm usually a funny guy. Oh. Which is, who's the next tech mogul no one's talking about, but you guys seem to always know who's who?

49:03Kara Swisher:Huh. That's a good question. There's a couple of really interesting, oh, God, I'm supposed to meet a couple. I've been asking people for some really innovative people doing AI. But I'm suddenly interested. I just happened to be, as I said, with J.B. Pritzker about their new quantum computing. They're putting a quantum computing campus in Chicago on the site of U.S. Steel, where U.S. Steel had its factory, which is kind of ironic and wonderful. I'm super interested in quantum computing right now for some reason. You know, quantum computing, people don't think, they think AI, AI, AI is everything.

49:41Quantum computing is AI's well-behaved and more important brother.

49:47Kara Swisher:You know, they're siblings in some ways, and there's quantum AI and things like that. But I think the ability to create these quantum computers is really where the real innovation is going to happen. And so I'm spending a lot of time trying to figure out who are the big names in that. And that's where I'm focused completely, almost like trying to figure it out right now of who that is. And the other thing I'm looking at a lot is I've been doing a lot on crypto security. And that is a big worry of mine. I just had an interview with Nicole Perlroth from The New York Times. She was a former New York Times reporter, but she now is a consulting firm.

50:27Kara Swisher:Sort of the dangers we face with these AI models and the offense, defense happening right now with all kinds, whether it's finance or pharmaceuticals or your personal information. I think a lot of really smart people I know are very worried about it. So I'm looking for those companies that are sort of the white hats in that area. Because there's a whole lot of black hats in cybersecurity right now, in cyber attacks. I forgot in California when the sun goes down, it gets pretty cold here. I'm shivering. So tech means technology. Mogul, I think, means rich. So I'm not talking about who should be, who's going to be good for the world and not good for the world.

51:10But when I think of someone who's going to make, create potentially trillions of dollars in shareholder value, I think probably, is it Palmer Luckey, Andoral? Yeah. I think, unfortunately, defense and defense tech, where you take some of the Silicon Valley ethos and apply it to defense and asymmetric weaponry, as opposed to these big platforms, I think that's just going to create an enormous amount of shareholder value and wealth. And I think Underworld is going to be probably the IPO of 27. And then the other one, I think the most impressive or relevant technology right now is not AI. I think it's GLP-1.

51:52And I think a guy who actually could be a long shot, dark horse, presidential candidate is the CEO of Eli Lilly in Indiana, which is the most important company in Indiana, which is, you know, not that impressive.

52:04Kara Swisher:The CEO of Eli Lilly? Long shot? Why? Handsome, tall, Midwest, smart, rich. Skinny. Yeah, he's just, I think he actually, I think he or Doug McMillan are actual viable candidates. I think it's someone from business, and you said this, and it's got me thinking that the Democratic Party right now has got such a terrible reputation that it might be someone who comes in from outside. But anyways, I think that the CEO of Eli Lilly, whose name I'm blanking on, or the CEO of Anderola, the next tech moguls. Yeah. And the reason I mentioned quantum computing is because that's where the focus is beyond health care.

52:40Kara Swisher:That's where a lot of the innovations are going to happen with these computers. and a lot of pharmaceutical companies and others are part of this effort, which is really impressive in Chicago, actually, because we really are going to lose an AI right now to China. I think Scott is 100 % right. I mean, I had some very significant people say that to me in the last three days. Quantum computing is an area we should be heavily investing in. And one of the great tragedies of this era right now, of all the many things that are happening, is the cuts to research money to universities where much of this stuff happens.

53:19Kara Swisher:Right now, major researchers in mRNA, in all manner of really exciting stuff where the U.S. is ahead, are moving to France, to Canada, and recently a Nobel Prize winner is moving to China. Like, it's really grotesque, and every university president I meet has talked about this in terms of, And they can be slow. There can be bureaucracy. But our university system is one of the, speaking of Scott being on the UC board, is one of the greatest assets of this country. And this systematic obsession with DEI and hurting places like Harvard and everyone else and litigating is going to take decades to recover from.

54:03Kara Swisher:And I've interviewed many scientists that say this exact same thing. So I would, the efforts like what's happening in Chicago and other things where public-private partnerships, where the states have to make up the difference are critical. But it's not going to matter until the federal government gets its, you know, stops with this endless corruption and starts really focusing in on the real race we're in, which is to dominate and have a democratic AI, which we're not in. We're not. And that's a real worry for me. Your thoughts? Word, sister. Court sister. All right. In any case. By the way, UC system,$54 billion.

54:4060 % of the revenue comes from hospitals.

54:42Kara Swisher:Yeah. Any anteaters in the house? UC Irvine? Isn't that what we're close to? They're called anteaters? The anteaters, yeah. What? What do you mean, yeah? Kind of cool. Why would you pick an anteater to be here? UC Davis, the banana slugs? Oh, my God. Anybody? Santa Cruz. Oh, Santa Cruz. Sorry. Oh, God. And suddenly he's kicked off the board. Okay. In any case. Any Trojans in the house? It's Orange County. I was going to go to USC, but my SATs were too high. In any case. Okay, Scott, that's the show. We'll be back on Tuesday with more Pivot. Read us out. Can I have a card? I don't. I think you can do it later.

55:24Kara Swisher:Correct, Lara? No, he has to do it now. Oh, I don't have it. Today's show was produced by a group of wonderful people who we appreciate, whose names I forget.

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