Jordi Hays

to the reader with where the market cap is actually moving, which might be at the Frontier Labs or the Databricks of the world that's a little more abstract.

How are you answering that question of job displacement?

Obviously, there's economic numbers.

There's also just...

Sort of reverting back to your own personal experience, are you seeing competition on Substack from slop farms?

Definitely.

Tim Ferriss just wrote about this a little bit.

And where does that leave, have you grappled with what the response is?

Because it feels like the scoops are very, very protected or AI resistant, but maybe history or breaking down or analyzing, taking a press release that's already out there, synthesizing some data in history, that's maybe a little bit more commoditized, but how are you grappling with it?

Yeah, I'm imagining that, like, I feel no, like, sadness about you never writing the line, they declined to comment ever again.

Like, it is fine if that is, it can be a Python, it doesn't even need to be Gen AI, it can just be, like, an if statement, because that line is in so many news articles.

Yeah, like walk me through the ramp AI spend is like an example of like going direct in the sense that they publish themselves, they tweet about it, they go on podcasts about it.

The ADP jobs data just gets released on a newswire and then contextualized by the Wall Street Journal.

But if ADP all of a sudden hired some really charismatic employee to go on podcasts, that would be like the same effect.

Yeah, it certainly didn't really happen on YouTube.

Like there are a whole bunch of different creators and Mr. Beast has a whole team and offshoot channels, but with the Mr. Beast brand and the promise and the editing and, but, but they, it was never like, Oh, Mr. Beast is going to,

roll up other creators, because that's not the way the setup is working.

Talk to me about Mafia.

I think we agree that we don't need other venture capital firms with game shows.

Yes, and I love that for that reason.