TACO Trade, Elon's DOGE Farewell, and AI Video Gone Wild
Summary
Kara and Scott dissect the week's business and political news, covering a court ruling against Trump's tariffs, the concept of the "TACO" trade, and serious allegations of insider trading surrounding his announcements. They discuss Elon Musk's latest moves, his political alignment, and the state of his various ventures, including the autonomous vehicle debate. The episode also explores Trump's feuds with Harvard and Apple, the economic importance of international students, and his surprising pivot towards cryptocurrency, highlighting concerns about grift. Finally, they share their firsthand, often hilarious, experience testing Google's new AI video generator, VEO 3, and debate its potential impact on the media industry and established players.Episode description
Kara and Scott discuss Trump's tariffs getting temporarily blocked, and why everyone is talking about TACO trade. Then, Elon bids farewell to DOGE, and Trump feuds with Harvard, Putin, and Tim Cook. Plus, Kara and Scott's experiment with Veo 3, Google's video generator, leads to hilarious and horrifying results.
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