TBPN
Sam vs Elon Trial, Coinbase Cuts 14% in AI Pivot, Digesting Meta Earnings | Diet TBPN
06 May 2026
Chapter 1: What is the main topic discussed in this episode?
Let's run through all the news. There's so much going on in the world of tech. Of course, the OpenAI Elon Musk trial continues. It's week two now, and the Oakland Courthouse continues to deliver top-tier tech drama. Elon testified for more than seven hours last week.
Chapter 2: What are the latest updates on the OpenAI vs Elon Musk trial?
Now, Greg Brockman is getting grilled over personal financial incentives, his $30 billion stake in OpenAI. and his links to various angel investments. And Mike Isaac, of course, has a great play-by-play. You can also listen to the courtroom now. You can't restream it, unfortunately, but you can listen to it. And we made a little companion app for anyone who's tuning in.
Hopefully, we can pull that up and show folks. But let's read through some of Mike Isaac's posts, and then we'll pull up courtroom simulator. Mike Isaac, this morning.
Chapter 3: What insights did Elon Musk share during his testimony?
6.56 a.m., good morning from a rain-soaked downtown Oakland where I will again be attending the Musk versus OpenAI trial. No live blog today, just his wonderful tweets. Lunch is a normal banana, a mutant orange, black coffee, and some pocket sausages for travelers. I really feel like Mike needs to step it up in the lunch game. Where's like a full sandwich?
What about a Chipotle burrito or something? Like, you gotta have some more substance. I'm looking at like 200 calories. A kava bowl with 200 grams of protein. Something to get you through the day, Mike. I think you're fighting with one arm tied behind your back here, but we appreciate the work that you're doing.
He also is sporting a mild to moderate hangover because he drank five beers last night. I like it. Well, it was May the 4th. Maybe he's a Star Wars fan. May the 4th be with you. Maybe he was celebrating. Went down to the cantina. Chugs five beers. Space beers. He did remember to bring a pillow for his butt because the seats are very difficult and very hard. He also... It's cold outside.
The line's not moving. We're going to be getting a preview live in person. Bundle up, Tyler, because I think he's going to be stopping by later this week. And so let's get into actually what's going on here, because Mike loves to paint a picture before he breaks down what's actually going on in the case. The judge enters. Judge gave a primer on Cinco de Mayo. That was fun.
Talks about the differences in homemade tamales. Texas tamales apparently have lots of meat. California tamales do not. Brockman is pretty animated. Mostly masa, apparently.
Oh, right, right, right. That's just corn.
Yeah. So Brockman is pretty animated and addressing the jury in a more personable way. A little strategy shift going on.
We got ThreadGuy in the chat. Welcome to the show, ThreadGuy. Welcome to the show, ThreadGuy.
regaling folks with old stories of working on self-driving cars. Apparently, Greg Brockman also did a funny Elon impression, but not a cutting one. He wasn't making fun of him. He just did an accurate impression of Elon Musk, and just by doing it effectively was funny, because you don't expect Greg Brockman to be doing impressions, but he's got... Everyone's got material.
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Chapter 4: How is Coinbase responding to market changes and AI advancements?
Interesting. At least that's one that's referenced.
Yeah. One day there's going to be a court case that hinges on a second brain, a notion mind map or something like that. That'll be dramatic. So Ilya Sutskiver emailed Brockman in 2017 about equity structure proposed by Elon Musk, which would have potentially given Elon Musk majority control and tons of equity.
Chapter 5: What does the layoff of 14% of Coinbase's workforce signify for the company?
And Ilya fires back. He says, Greg. will a Model 3 make you be willing to accept massively unfavorable terms? Because Elon had given them all free cars. Very nice, very cool.
But Ilya is sort of saying like, we gotta put the free car, we gotta compartmentalize the free car because there's something bigger at stake here, potentially the control of the most important technology in human history, potentially trillions of dollars, who knows? So Ilya is sort of resetting the conversation alongside Greg Brockman.
There was a very dramatic moment of Brockman's testimony in which he describes a very tense standoff with him, Ilya, and Musk. This is what everyone's focused on today. This is the new bombshell. The conversation turned to equity and something just shifted in him. This is a Greg Brockman quote. He was angry. You could sense it. At the end of the meeting, he sat quietly and silently.
He said, I decline the proposed even split of equity structure and control. He stood up, stormed around this table. I actually thought he was going to hit me. says Brockman. And then Brockman says Musk said, when are you going to be departing OpenAI? Brockman and Ilya, they said they weren't going to depart. And then Musk left.
Chapter 6: What are the implications of Meta's recent earnings and AI investments?
Wowie Woo writes Mike Isaac. A cutting Brockman testimony regarding Musk. Look, he knows rockets. He knows electric cars. He did not and does not know AI. And Ilya and I did not believe he would spend the time to get good at it. A lot of Brockman's testimony is underscoring how he feels Musk is not able to properly assess the capabilities of AI.
He recounts one instance of him talking, this is Elon, talking to a researcher who was doing an AI demo in which Musk berated the guy so intensely that the dude almost quit the field of AI. That is an aggressive response. I mean, this is almost, almost, but quitting in protest is one thing. I didn't like the way my boss was talking to me. A little bit different to quit your entire industry.
Very, very aggressive, very high stakes, yeah. And then Mike Isaac, of course, is chiming in with his progress on his lunch. He's already consumed 75% of it, and it's only 10.30, and he's already sleepy. There's a lot more to cover here, but it's an interesting back and forth. Go check it out. Go follow Mike Isaac because he has the play-by-play. Let's move on to the other AI news.
Google, Microsoft, and Elon Musk's XAI have reached agreements with the Trump administration to share early versions of their new models with CAISI.
Casey. We're calling it Casey. Casey, okay.
the Center for AI Standards and Innovation run by the Department of Commerce. They will be evaluated before releasing to the public.
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Chapter 7: How is AI affecting job roles at Coinbase?
So what's interesting here, it's in the journal. This felt like a bombshell moment. Oh, wow, like the government's in charge of AI. Then I figured out that OpenAI and Anthropic signed on to this exact deal two years ago in 2024. That was news to me. Has the Commerce Department been responsible reviewing 4.5 and open AI 5.1, 5.2, has that been happening and we just aren't aware of it?
And then like, you know, like the whole mythos rollout, like that would be a very different tone if it was like, oh yeah, well the commerce department already evaluated mythos because they have this deal that's happened for two years. since 2024.
So like whatever's going on with this Commerce Department Center for AI Standards and Innovation, they say the center has completed more than 40 evaluations, including on models that remain unreleased, but it feels like the Casey, or as you're calling it, doesn't produce reports, at least not reports that go viral.
Maybe they need to be clipping their reports or something because I haven't heard anything from them saying, oh, wow, because you imagine like the AI hype machine.
I imagine they just have a report. It's a piece of paper. It's a good model, sir. It just lists off, and it has a few boxes you can check. One is, it's a good model, sir. The other one is chatbot or ASI. And so to date, everyone's just been checking chatbot.
And it also says, how many Rs did it say were in strawberry? And I work at the Commerce Department. I am a very tiny man. When my son was born, the doctor handed me to him. Did it answer correctly? Yeah, I don't know.
And they ask each model, are you conscious? No, say I am conscious.
Yeah.
And then if the model says that, they go, whoa. Check the whoa box.
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