Quite Possibly the Next Spider-Man - podcast episode cover

Quite Possibly the Next Spider-Man

Jun 26, 202341 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Jason Middleton hosts your Monday morning Wake Up Call. ABC's Shannon Crawford comes on to talk about Secretary of State Blinken reacting to the aborted Wagner uprising in Russia. Then, ABC's Faith Abubey shares information on President Biden and Vice President Harris's announcement of money being allocated to high-speed internet. Jack Gold, tech sector analyst, Founder and President of Gold and Associates, joins Jason to talk about 5G connectivity and consumer tech trends. And ABC's Jim Ryan highlights how e-cigarette sales and calls to poison centers have surged over time.

Transcript

Km I AM six forty. You're listening to wake Up Call on demand on the iHeartRadio app. It's time for your morning wake up call. Here's Jason Middleton. Good morning everybody, Monday morning. This is your wake up Calls June twenty sixth Just in case, this is KFI and ko SThD two, Los Angeles, Orange County. When you have to get up early the next morning, do you find it tough to go to sleep the night before? Not always, I understand, but this is an occupational hazard. Last night

I went to bed. I gotta get up around two thirty, and so I go to bed and I think, why is Batman one word? Spider Man is hyphenated and iron Man is two words. That's what kept me up. Then I wake up in the morning at two thirty. My alarm goes off. I go to put my pants on shortly thereafter, and as Spider falls out the bottom of the lag the pants as I'm putting it on. Yeah, so I pulled that Polo bricks on my No encounters with iron or

bats counters? What do you mean count encounters encount Oh? I didn't have any run ins, no with a bat or any iron by not yet, but thanks Tyler, I guess I have something to look forward to tomorrow morning. Get a few headlines before we get going to wake up call this morning, and again it's Monday. It's June twenty sixth. The special election to

fill the vacant sixth district LA City Council seat is tomorrow. Community Relations Manager Emelda Padilla or City Council aid Marissa Alcarez will fill the seat left behind by former council President Nouri Martinez. The Coastguard is launching a formal investigation into the

recent implosion of a submersible. Query got started yesterday and is a top level priority, according to the Coastguard, World leaders are processing the diverted rebellion of Russian mercenaries against Moscowcretary State B Lincoln says the short lived rebellion by a private force shows real cracks in the Russian power structure. We're going to talk more

about that in just a few minutes with an ABC correspondent. Let's start with some of the stories coming out of the KFY twenty four hour news room. The La County Sheriff's Department says it's trying to figure out why an employee killed two residents of a care home facility in Diamond Bar. Jepanties were called to the scene on Sapphire Canyon Road, and when they arrived, they say they

found two elderly women dead in the same room. Sources with knowledge that the story say a caretaker called nine one one Saturday morning and may have admitted to killing the women. Some reports said the women had been shot, but sources say the two were bound, possibly gagged, and then suffocated with bags over their heads. Sheriff's investigators would not confirm the report, but did say they arrested John Chun Lee, a night shift nurse. Investigators say the homes occupied

by Korean Alzheimer patients. Steve Gregory k if I News. A mother in Adalanto has been arrested on suspicion of murdering and torturing her seven month old. The San Bernardino County's Department says deputies responded Saturday morning. They say they found a baby with trauma consistent with child abuse and not breathing. The infant was taken to the hospital, where doctors pronounced the seven month old dead. Twenty dogs rescued from China's meat trade are expected to arrive in LA to find their

forever homes. The rescued dogs include sixteen Golden Retrievers, two Corgies, one poodle, and one malamute. The rescue was a team effort between different animal advocacy groups, including the SPCA. International. Advocates say many of the dogs rescued in China are pets who are stolen and then shipped off to slaughterhouses. Once they fly into Lax Tuesday, the dogs will be sent to new homes

throughout the US. Chris Adler KFI News, the person accused of shooting and killing five people and hurting seventeen others at a gay nightclub in Colorado Springs is expected to plead guilty. The alleged shooter could get a life sentence in prison. Family members and survivors are expected to speak at the hearing. The accused shooter, who is non binary and uses they and then prone, has been arrested over a year before the attack for threatening their grandparents and vowing to become

the next mass killer. Now, in a couple of minutes, we are going to actually let's talk to ABC Shannon Crawford. Right now, we have a compelling story over the weekend that happened the first topic of the day today. Actually it's the rebellion from Russian mercenaries against the Kremlin and Moscow. The short lived threat over the weekend is having a ton of fallout around the world today. It was the topic of the Sunday yacht shows for sure, ABC.

Shannon Crawford, welcome to Wake Up Call, Thank you very much, And yes, officials are still trying to make heads or tails of what happened over the weekend. Really a whirlwind forty eight hours that saw Vladimi and Putin faced his first real threat to his grasp on power in Russia in his over two decades of rule. And what is Secretary of Staint Anthony blinkoln and other world leaders taking about this. I mean, I just said that the real

cracks apparently in the Kremlin. But it's been kind of like tight information coming out of both sides right now, that's right. There still a lot of mystery to this. We don't We haven't seen Vladimir Putin since the apparent true steal was made with even he progoes him. He's a leader of the Wagner group that private army you mentioned and from the US side. From the Western

side, they've been very muted. One. They are very careful. They don't want to appear to be weighing in on either side, supporting either side, because you know, both the Wagner Group and the Kremlin are seen as bad actors by the US, but they also want to encourage Ukraine, push Ukraine to do what they can while so many of these mercenary troops are away from their posts to make progress in their counter offensive, which is now in

its third week, and we know whether they're able to do that. There have been some initial signs that yes, they are, especially in the bach Moot region, they've been able to capitalize on this. But there's also an underlying concern that Vladimir Putin, as we faced this really unprecedented circumstance, that he could lash out, that he could take dramatic steps that so far he has been you know, has restrained himself from doing in Ukraine or elsewhere.

So Shannon wasn't the leader of the Wagner Group or is or was a crony of Vladimir Putin. So is that adding to some of the mystery as to why this may have transpired. That's right, he was a longtime ally of Vladimir Putin, who's called Putin Chef because he, you know, would make

anything happen for him, he would dish it up. But basically what his issue was with the Kremlin's top military brass, that's Progosion took issue with how they were running things in Ukraine. Specifically, he said that, you know, his men were really his mercenaries, were being thrown into the meat grinder. So over the last couple of months he's become more and more vocal with

that kind of criticism. So this was a kind of a long festering disagreement that really just bumped up, and the US officials said it one side, It wasn't surprising because they've been tracking this, this conflict, this you know, war of words so far. But I don't think anybody really expected it to escalate just as rapidly as it did. Yeah, and rapidly. He

moved quickly to the Wagner group moved quickly towards Moscow. I mean apparently that's they'd stopped just short of about one hundred and twenty miles short of Moscow, right, yes, exactly, and actually Moscow and military Moscow's military vehicles were about sixty miles away, So it shows you how close we came to calamity from those Progosians fighters. Yes, and he claimed to have twenty five thousand men marching, so those aren't exactly verified numbers, but it just shows you

how truly otherworldly this is. So we're speaking with ABC Shannon Crawford about this weekends would be rebellion in Russia. You mentioned they're the war of words that's been going on. Some of the analysis since this weekend has been that Putin has a bunch of yes people around him, and so he doesn't get to hear the truth very often when it comes to what's happening on the ground. Is this playing out at all in the war and on the ground in Ukraine,

That's right. I think US officials have become increasingly convinced that, you know, Putin really does live in a bubble. He's not seeing the just the circumstances that his fighters are facing, or the circumstances that his people are facing, you know, on the streets of Russia. As you know, sanctions and other other measures to counter Putin's aggression that really started to take effect.

But you know, there's still at it juries out on whether that you know, the popularity switch, whether there will be any kind of you know, any kind of uprising or just prevailing discontent among the Russian people. So this really was a flashpoint when we did see Provostion kind you know, turn his forces towards Moscow. But what Putin does going forward is going to be very telling, you know. So far, as I said, we haven't seen him in the aftermath, and you know, even his secretary of Defense

was touring what Russian media said was Ukrainian battlefield. That was unclear where exactly he was when that footage was was captured. But there's been a you know, very muted response from Moscow. And I think in a way, you know, dad could be telling because you know, Putin is not out there, He's not you know, kind of making his case for why he is

still in control of Russia. It's something to track is whether he does ultimately lash out against his military top brass and now Putin is someone who doesn't like to make decisions under pressure. He doesn't want to appear reactionary. So this is something that we could have to keep a close tab on for really the week's end, maybe even months ahead, as the fallout from this will continue to percolate. I think that's an excellent point you make about the muted response

from the Kremlin. I mean, if you if you were a blog poster and it was anti Putin, you could wind up in the Gulag pretty quick or disappeared, and that doesn't seem to be happening on this one. And to just to reiterate the point, we do not know yet where you have getting progosion of progosion is right now, right, that's right. He is

believed to be reported to be in Belarus. But I just want to emphasize that Belarus isn't exactly you know, a safe place for him if he is trying to you know, flee control of the Kremlin, flee any repercussions from this, because really Belarus has become an extension of Russia. It's President Lukashenko. He is, you know, as as much of a yes man as it comes way, you know, in regards to Vladimir Putin, so he

will definitely take directions. Now, even though this truce had appeared that the messaging at least around it was that, you know, these two mooring factors were ready to move on or you know that they're ready to put this attempt to coup behind them. But right now there's still a case against Progosion open

in Russia's judicial system that has not been closed. So you know, we're still we're still waiting, and I'm wondering where this fallout is all going to go because I don't think Progosion is out of the woods in any sense of the term there So he could definitely still you know, face some very serious repercussions. He could get out of this with his life, but it seems that you know, of all analysts are in agreeans that his political future is

probably dead in Russia. I see anything official today from the State Department on the itinerary or agenda as far as announcements or briefings, Well, there's nothing official here. Secretary of b Lincoln has been you know, traveling the world. He was in China, he was in London. He's been dialed into this. We heard from him over the weekend. So right now there's nothing

official. We will have a briefing where hopefully we'll get some more questions at least be able to take the temperature of where the US is on this and really to see if you know, they do think that Ukraine can continue to make some gains in this chaos, or whether Russia might you know, lash out, whether there might be any new threats now. So far in Washington, they've been very clear they do not see any reason to change the posture

towards the nuclear threat or anything else right now. But you know, this situation it's still you know, it was a big deal. It continues to be a big deal. So we could see you know, Moscow really you know, taking their time calibrating and you know, going forward from here. Thank you so much. I imagine we're going to be speaking again this week. Thanks again, Shannon, Thank you, ABC State Department reporter Shannon Crawford.

There, let's get back to a couple of stories coming out of the KFI twenty four hour newsroom and analysis ranks California number one for investment fraud with about one hundred and seventy six thousand dollars per scam. California coughed up eight hundred and sixty nine million of the three point eight billion dollars lost last year. The Carlson Lost study analyzed FTC and FBI data. Top scams to avoid this year one AI or deep fake fraud. The analysis highlighted a fake video

of Elon Musk scamming Mini to buy fake stock. Two crypto IPOs milking seed money for fake companies, three phantom property scams for non existent real estate, and good old Ponzi schemes round out the list at number four. The analysis found North Dakota to be the hardest state to do. Corbin Carson kf I News Southwest Airlines has reached a tentative deal with the union representing mechanics and aircraft inspectors. The agreement, announced Friday, must be approved by some twenty eight

hundred workers. The airline is still negotiating deals with pilots and flight attendance LAPD is investigating after a knife wielding homeless man was shot by officers. The man was shot early yesterday morning after allegedly carrying a knife into the lobby of a hotel near Little Tokyo. The US Coast Guard is launching a formal investigation into

the deadly implosion of the Titan submersible that killed all five on board. The investigation what's announced yesterday in Boston. Russian Mercenary leader you have Guinny Progosian apparently still faces charges for leading an armed insurrection over the weekend. Progoshan led his men the Wagner Group, into Russia, but stopped short of reading Moscow. This needs to be a fluid situation. We'll have more on that all morning. At five thirty ish, we're going to talk with Jack Gold. He's

a Silicon Valley and tech sector analyst. We're gonna talk about five G and we're gonna talk about some consumer tech trends. Jack was on my show in Silicon Valley for years and we've asked him to come back and join us for this. And right now I think we're going to go ahead and we do we have we don't have anybody yet. Okay, good, I'm saving this one then, because we're are going to talk about connectivity rolling out. That

was an embargoed story. Where have more on and in just a few minutes after some you know, some more headlines out of the KFI twenty four hour newsroom. People traveling during their summer vacation have experienced another roadblock in the sky. The FA last night forced to issue a temporary ground stop for all planes in and out of Washington, DC area airports because of equipment problems as an air traffic control facility. ABC's Derek Dennis says the groundstop lifted after a few

hours. He says the disruptions come days after a government audit found critical US air traffic controller facilities face serious staffing shortages. Shouldn't be news to anybody. The audit says the FAA lacks of plan to address them as well. Right now, let's welcome in ABC's faith to boube. The Biden administration is going to be rolling out and highlighting this week internet infrastructure projects. Faith. Welcome to wake up call. Hey, thank you so much, Jason. Let's

talk about Wi Fi for the masses. Sounds like a win win. What's going to be rolled out? Yeah, so, no, this is really prising. But you know, according to the SCC, there are currently eight point five million locations in the US that don't have internet access. That's about seven percent of the country that doesn't have internet connectivity. And so the Biden administration is trying to make what they're calling a once in a generation investment.

They're comparing this to what FDR did back in the nineteen thirties. You remember that was the Rural Electrification Act, which provided electricity to almost every home in the US. And so the Biden administration really is focusing on expanding access and giving access in terms of Internet connectivity to everyone across the country, including US territories. They say, we've reached a point where this has become a necessity. Its Internet access is no longer a luxury. In order to go about

your daily life, you need some sort of Internet connectivity. And so with this announcement Leader on this morning, we expect we expect to hear President Biden and the Vice President announced those forty billion dollars towards this project. This is money that will come from the bike parts in infrastructure law. This was the law passed in twenty twenty one. And you know, as part of this, what we're hearing so far is that the states will learn today how much

money do we get for the project and when that money will come. At this point, administration state, including DC and Puerto Rico, they should expect at least one hundred million dollars to begin with, and then the four US territories will receive a minimum of twenty five million dollars each. And then of course more will be added as the figure out would challenge us the space. I appreciate the Biden administration given that that callback to FDR. I didn't personally

remember that Bill Handel may have anyway. Will wi FI is essential, of course to the national economy moving forward? Is or it has been for a while. Is the Biden administration making this part of a piece as part of a larger program or rollout from the Infrastructure Act? Yeah, so this is part of a three week tour that the Biden administration is going to go on. We're talking the President himself and other administration officials will be on the road.

They're calling the Investing in America. They're going to spend the tour in different communities across the country. They will be discussing infrastructure. They will be discussing what they have done with infrastructure, but also what needs to be done moving forward. And of course, a lot of the money will be coming from the Bipartisan Infrastructure Law, but some of it will also come from the American Rescue Plan and they will be highlighting a lot of that in the coming

weeks. Thank you so much for this update. When exactly does it roll out? They're going to make the announcement this morning, you said, but you know when. Yeah, So the announcement starts this morning. We're expecting the news conference at the White House at eleven forty five Eastern time. But in terms of the project as a whole, it begins as soon as possible. But the final plans for each of these states who will have to be

approved, the target date right now is Springs twenty twenty five. Thank you so much for this update, Faith, good to have you with us. Hope we've been speak again soon. Yeah, thank you so much. BBC's Faith of oube reminding us that Wi FI is important for the economy. We've known that for a while, but now we're actually going to get some infrastructure from the Infrastructure Act that passed a couple of years ago. The Biden administration

is on a tear this week. Apparently it's going to be it's going to be a press forward announcement heavy week from the administration. Let's get some more out of the KFI twenty four hour newsroom. At least one person has been killed and several others have been hurt in a ten car crash on the ten in Upland, San Bernardino County Fire says the crash happened last night. The HP says four or five cars were on the westbound side of the freeway when

one flipped onto the eastbound lanes. Fire officials say many drivers needed to pulled out of their cars. Three cops in San Antonio, Texas have been charged with murder following the shooting death of a woman who appeared to have a mental health crisis Friday night. The woman spoke to police and then ran into her apartment, then apparently threatened the officers with a hammer when they tried to force

their way into the apartment. The officers originally were responding to a call that the woman was allegedly cutting the wires to the fire alarm of the complex. When the police officers gained entry to the women's apartment, she approached them with the hammer, and that's when the officers opened fire on her. San Antonio police have released the body camera footage to the public. The police chief says

that the officer's actions were not consistent with the department's policy and training. Andrew Caravella KFI News, police and Rodondo Beach are asking the public for help looking into a woman whose remains were found at a construction site in two thousand and one. Officials say her body was listed as a Jane Doe until DNA identified

her earlier this spring. Officials say the woman was never reported missing. Police said family members last had contact with her sometime during May of nineteen eighty one. Anyone with information has been acted contact Redondo Beach Police. Cyber attacks on US hospitals are on the rise, adding a layer of financial pressure onto an

industry that is still struggling to recover from the pandemic. Health facilities have been hit with two hundred and sixty six at digital incursions, those who affected thirty six million people just this year and are on track to be more widespread than twenty twenty two attacks. That's according to an advisor for American Hospital Association. Cyber Raids on hospitals more than tripled in the past five years and have become

more sophisticated. The Supreme Court is getting ready to decide some of its biggest cases of the term. The Court has ten opinions left to release before the justices go on summer break. The last opinions to be released affirmative action, voting rights, religious rights, student loans, and gay rights officials say outdoor burning at residences in unincorporated areas of Riverside County will no longer be allowed.

The county's fire chief announced the suspension Friday, saying the band is necessary to curb wildlife threats. The fire department will also consider temporary burn permits to property owners on a case by case basis. The order does not apply to land management activities and fire training. Campfires and designated grounds will also be exempt. Secretary of State Antony B. Lincoln says the short lived rebellion by a private

military group shows real cracks within Russia over war in Ukraine. Appearing on cbsspace The Nation, B. Lincoln says the Kremlin went from expecting an easy takeover in Ukraine sixteen months ago to having to defend Moscow against the Wagner Group over the weekend. A new national poll shows the Republican Party is divided over former

President of Trump's candidacy in twenty twenty four. According to the NBC News poll, Trump is expanding his lead over the GOP primary field, including Florida Governor Ronda Stantis, but the survey finds half of all likely Republican voters say they would consider another candidate. The extreme heat that's been roiling Texas for more than a week is going to spread beyond the lone Star state this week. Heat advisories are out early this morning four much of Texas, Eastern Oklahoma, Louisiana,

Arkansas, Western Mississippi, and western Tennessee. News brought to you by Terranea Resorts and coming up at five fifty, ABC's intrepid reporter Jim Ryan has some fresh data on vaping and e cigarettes. It turns out ingesting smoke into your lungs by any means it's bad for you. For real. E sig consumption is coming down after the peaking during COVID lockdown. So Jim has some new research to share with It's on that right now. On wake up Call,

let's welcome in a veteran tech analyst, Jack Gold. Jack has been covering Silicon Valley from consumer level stuff like trends, five G and iPhones to corporate stuff like hiring and firing and how companies are preparing for the future. Well that was not the right one. The events over the weekend are yep, So I guess we're just gonna hop around so I can find the right sound. Why don't we just do some more stories first, and iconic nineties

toy is making a comeback next month. Hey, this is fun. Well it's like a soundboard. Yeah, it is kind of but see the thing. Okay, well let's let's see if let's see if this works this time. We're rooting for you. It depends on where my cursor lands, because it's been jumping around ourcs all morning. NATO Secretary General Jans Stoltenberg says NATO

is monitoring the attempted Russian coup by the Wagner Mercenary Group. He is in Vilnius, weeks ahead of the NATO Summer Summit, where allies will discuss support for Ukraine. The events over the weekend are an internal Russian matter and yet another demonstration of the big strategic mistake that prest and Putin made. Wagner Group leader, you have Guinny Progosion turned on Russia over the weekend and announced a

march for justice against Russia's army. Progojian and Putin apparently agree to attruce thirty six hours later. Now an iconic nineties toys making a comeback next month and a comeback hopefully right here. The Furby is supporting a fresh new look and it's ready to hit store shelves. The toy gained international popularity because if it's adorable appearance and ability to communicate and learn, capturing the hearts of millions.

Toymaker Hasbro says that more than forty million Furbies were sold worldwide back in its heyday. The toy is also known as the first successful attempt to produce and sell it domestically aimed robot. The revival of Ferby marks the twenty fifth anniversary of the toy. Hasbro says it wanted to ignite the same excitement for this new generation of kids by harnessing Ferby's power of nostalgia while giving Jen Alpha everything they crave. Andrew Caravella k if I News. An Amber alert has been

issued for a woman and a two month old girl in Lancaster. This HP issued the alert for La San Bernardino, Riverside, Orange, San Diego and Imperial Counties. The HP says a man who was armed and dangerous took the woman and baby in a silver two thousand and seven buick with a license plate ending in X nine four. The woman was last seen yesterday wearing a red

and black dress, pink Schwartz and black Puma shirt. Senate Majority Leader Chuck Schumer has called for more safety measures for ebikes to prevent fire sparked by lithium batteries. He announced twenty five million dollars in emergency funding yesterday for New York City that will go towards bike charging stations. No federal regulation for church batteries. It's allowed cheap, faulty China made batteries to come into our country.

Fire officials in New York City say lithium batteries have caused hundreds of fires over the last four years. Before we check our first traffic for the morning and wake up call, there was something that came across the wire yesterday that just it sounded like a wake up call kind of story, especially after the last six minutes. Cornhole, better known as a backyard and tailgate game, as attempting to go global. The American Cornhole League, Yeah, there's an American

Cornhole League. It started in twenty fifteen, has seen its prize money more than double every two years. In twenty nineteen, the cash prizes were at one million bucks. And two years later it's at three point three million,

and this year it's at eight million dollars in prize money. Now, the ACL, the American Cornhole League, has existing media deals with ESPN and CBS and, according to an analyst, more than twenty five sorry, two hundred and fifty thousand players across fifteen countries, and it's even had its own cheating scandal. Dig this. With billions of dollars being pumped into the sporting industry, Bloomberg News is looking at which game might be the next to explode,

and that encords includes cornhole. The ACL used revenue. ACL's revenue comes primarily from four avenue sponsorship, media rights, technology, and licensing. We'll have to have a little bit more on the gambling scandal that sears Cornhole. Jason, there's one right outside of our studios. Have you seen it. I've seen it. I have not seen it used though, And it's got the it's got this like the the elevated thing spandex board. Yeah, it's like

like I'd tough to describe. It's like the same material that you used to use as a book cover when you went to school. Oh okay, yes, you know it's like that stretchy spandex material. Yeah, I'm not playing cornhole with that. I need a solid wood board. The wood, Yeah, the plywood board. Right on? Do you dobble? Do you play corn hoole? Sometimes when I storm out of the studio where my audio doesn't work, I go outside and play cornhole just to blow some steam. And

then I come back in and everything's cool. So what's your preference? Do you prefer the springy I definitely like the I like the plywood style for sure. Old school. You know, I'm right there with you. You don't want to do the Maybe we should make a team, all right, that sounds good. There's a there's a red board and and a blue board out front, and it's right in front of the Disney headquarters. Maybe we can get oh there we all like physically outside, Yeah, it's physically outside outside

of our studios. There, it's right above the parking structure. And so yeah, we can go out see if we can get Bob Iger to look down out of his quarter office window and come play with us. Start our eight million dollars, yeah, additions, start our own scandal when it comes to there you go. Jack Gold is a tech sector analyst. He's been covering Silicon Valley for a long long time and talk about consumer trends, hiring and firing and where things are going. So let's jump in, Jack.

Chat GPT is going to be migrated into the voice slash infotainment systems for Mercedes Benz vehicles. Um, is this a tip of the spear kind of situation with chat GPT? We already had voice in our cars. So so let's back up a little bit. Everyone wants to jump on the hype bandwagon, right yeah, And if you're you're a high end carl like Mercedes, you want to be on a hype bag bandwagon early. So some of that is what's going on here. The other issue, of course, is that how

do you make chat GPT work in your car. It's not like they're going to load it into the car. They're not going to build a cloud data center under the hood, and so's there's going to be some local processing, but mostly it's going to be about connectivity and connecting up to the cloud and being able to interact that way. So you'll give it some voice commands from the car, it'll go up to the cloud do a lot of processing up there. And then come back down. So you've got to have a car

that's well connected. And Mercedes, again high end car are going to be well connected, they're going to have five G capability built in. Fair enough, Jack, I don't have you for very long, So let's pivot. Some of the things that you've been analyzing for years is a consumer security around tech. And you mentioned five G in a previous part of an answer when

we were just talking, Is there anything going on with consumer security? Five growled out things that we need to be updated on that we haven't been covering at least adequately in news. Yeah. Look, there's a lot of issues around consumer security. Most of it has to do, frankly, with the fact that we're really really bad as consumers and sharing information that we shouldn't be. And once people learn a lot about you, it's really easy for them to know bad guys, bad actors to come in and say, hey,

you know, I'm your bank giving your bank account information. By the way, getting rolling back to the chat GPT thing, AI is going to help bad actors attack you. That's part of the issue. The other part of

the issue is that AI in essence could help us with consumers security. By understanding what the bad actors are doing out there, and you know, through a service I don't know, maybe from Microsoft, Google, whomever, pick your favorite, you know, your cable provider or something, could be very proactive at looking at what's coming in to us and saying, you know, you really shouldn't click on that, you really shouldn't respond to that, you

really shouldn't take that seriously because that could be a risky situation. So, yeah, there's a lot going on in security, a lot going on behind the scenes at your bank, for instance, banks are spending huge amounts of money in aim where I'm pivoting back to AI. I apologize for that, but it's becoming both a good thing and a bad thing at the same time.

Right as far as five G goes, one of the advantages to five G once it really is getting deployed and it's it's pretty well deployed at least most of the major areas that we go, but it remains a really fast, low latency connection. And so what it can do is it can actually get you information very quickly if if you're being attacked, you know, with five G you can go off into the cloud and the cloud can tell you

within microseconds or milliseconds. That hey, that's that's a thing. So five G from a security perspective actually brings a lot of stuff that we couldn't necessarily get with slower networks that are had more latency, that meaning you know, it could take seconds or minutes before you get information back. All right, I'm going to use AIS a jumping off from my last question with you. Since you pivot it, I'm going to do it too. I'm going to

pivot back. So the brains, a lot of the brains behind AI came from Nvidia and Vidio just hit one trillion dollar market cap level. It gives and takes a little bit, but around one trillion dollars. Let's talk about the Chips Act. Let's talk about computer chips, super chips and being able to apply them to the Chips Act. What are you seeing? How's that playing out? I mean, the Chips Act is supposed to be able to

protect our supply chain here in the US. Right the whole point of the Chips Act was to give companies incentive to come back to manufacturing in the US. Right now, probably eighty plus percent of chips that we get for everything, you know, from consumer devices up through smart devices, up through Nvidia devices for ai come from TSMC, which is in China. In Taiwan.

Basically, now you know, God forbid China should attack Taiwan. You know that gets shut down overnight of your supply goes away, or another case, I mean Taiwan is in an earthquake zone. What if they have a massive earthquake, what if something actually does happen. What we want to do, and what the government has decided to do is to say, let's diverse five supply. Let's bring some of that back to the US as much as we can. And by the way, even Taiwan, even TSMC in Taiwan is

investing in the US because they want to diversify supply. And the Europeans are doing the same thing. They've just signed a deal with Intel to invest in Germany. There's some stuff that's going into Poland France is looking at more diversity. So chips act, to my way of thinking, is a really good

way for the government. It's expensive, I get it, but it's a really good way for the government to incentivize much more production coming back to the US so that we don't necessarily have to reply rely exclusively on offshore sourcing of chips. That's fascinating stuff. That wow, that's great context too, a macroeconomic consumer wise. Always a pleasure of Jack. Thank you for joining us. I appreciate that we've been speaking with Jack Gold, President principal analysts at

Jay Gold Associates. Once again, Jack, thanks a lot, You're very welcome. We spoke with Faith Abube a little bit earlier this hour about the bide administration rolling out five G access to more rural areas as well as territories of the United States as well. That's going to be happening a lot this week. So that right there was Jack Gold. He's a tech sector analyst and he's the founder and president of Gold and Associates. It's based in Boston.

You can find him online at jagold Associates dot com. Right now, let's pivot one more time since I'm over using that word. This morning, ABC's Jim Ryan is here to talk about vaping and East cigarette usage. Welcome, Jim. Hope you had a good weekend. Hey Jason, you had not bad hot around here, of course, but look at some of these

figures. It's really surprising, I think shocking to the Centers for Disease controller Prevention, which has been looking at this for several years actually and has been working with health officials around the country or try to drive down the incidents of vaping. Well, apparently the opposite has happened. Sales of e cigarettes have gone up nearly fifty percent over the past three years now. They've went from fifteen and a half million units that is vape cartridges vade pens in January twenty

twenty two about twenty three million in December, just this past December. So the numbers are continuing to rise in this country and abroad. So is okay we saw the spike during the COVID lockdown, I assume, and have we seen any tapering at all? I mean still a balloon? Well, the hope is and in some early indications suggest that in the last six months since the beginning of this year, the numbers may have started to moderate, maybe

even have gone back down somewhat. Will will know in a few months towards the end of this year what the what twenty twenty three has held. But I think that the health officials, public health officials have been shocked to see that this dramatic increase has happened in the two years leading up to this year. Is menthol a thing? I remember when I was growing up, my

grandparents smoked menthols as if it were like a side hustle. And I'm wondering if menthol is still a thing with EVA, with vaping and these cigarettes. Yes, menthol and other flavors that are put into some of these products are still a major draw for customers, new customers and those existing customers. You know, Ostensibly people use vaping to try to get off of actual cigarettes, but in some cases, according to health officials, they simply replace one with

the other. And there are threats or potential health risks associated with vaping that we still don't know yet. So yeah, yeah, it's it's it's the mental as the flavors. It's the accessibility, it's the affordability really, I mean, as the cost of actual cigarettes, actual tobacco products continues to rise, the e cigarettes remain suddenly an economical alternative. Is the healthcare cost of vaping and e cigarettes? Any mentioned? Get any mentioned in the CDC report?

Or is that something that's going to come a little bit later, But that'll come later, and it doesn't talk specifically about those health costs, but it does talk about another side effect of this than that is you see a lot more calls, a dramatic increased doubling of calls actually to the National Poison Data System, which is the control centers that are located around the country.

Seven reports because of potential poisonings by e cigarettes. Nine in ten of those cases, Jason involved children under five years old, So clearly kids are getting ahold of these products. They are either inhaling or ingesting the vape liquid and ending up in the hospital. Becaust Ooh that sounds brutal. Yeah, Okay, Well, first of all, thank you for that update on this, Jim, And as long as I have you and being the reporter that you are, can I ask you about the heat dome that's still over Texas.

It is still over Texas. We had two more fatalities over the weekend out in deep West Texas, the Big Bend area of the state. You know, if you think about the map of the state, it starts out there, it'll pass so kind of curves down and then comes back up again. That's the Big Bend area. Mountainous, very rugged. There were two people who died a fourteen year old boy and his stepfather who died out in the

heat this past weekend. Wow. Okay, Jim, thanks for this and thanks for updating us, and well I'm sure we'll catch up later this week too. Thanks Jason. ABC's Jim Ryan there giving us a little bit of an update on the CDC results from its most recent research coming out of the pandemic about East cigarettes and vaping, and of course the heat dome that has been extended into Louisiana, Mississippi, Arkansas, parts of Oklahoma as well.

Today, let's get some of the other stories coming out of the KFI twenty four hour newsroom before we go to handle on the news. A wind advisory is an effect for parts of Riverside County. It starts tonight until five am tomorrow. The National Weather Service as wins from fifth teen to twenty five miles an hour and gust up to forty five miles per hour are expected in the Riverside County Mountains, Coachella Valley, Palm Springs, Cathedral City, Palm Desert,

Laquinta, and Brego Springs. Officials are urging people to be careful when driving, and an update on the would be Russian rebellion over the weekend. A mercenary organization in Russia with thousands of fighters has marched away from the front lines in Ukraine over the weekend into Russia. ABC's Ian Pannell spoke to a senior aide to Ukraine's President Zelenski, who says, this is a turning point in the war. Given what we're seeing happening in Russia. Do you believe

we're now at the beginning of the end of the war in Ukraine? He says, without a doubt, it's the beginning of the end. Pannell says, the group led by Yevgeni Progoshan almost got to Moscow Saturday, officials say. Russia's President Vladimir Putin and Emir of Qatar discussed the recent events in Russia during a phone call this morning Pole's show. The majority of Americans are against

the courts handling of abortion rights and the court itself. A year after the Supreme Court overturned rov Wade, six and ten voters think ending federal protection for abortion was wrong. A new NBC poll found eighty percent of women between eighteen and forty nine disapproved. You know, the people most affected also sixty percent

of independence and a third of Republicans. More than half of men surveyed also disagree with the decision, and a Quinnipiac University poll finds just thirty percent of registered voters approved of the nation's highest court, an all time low, and nearly seven and ten think the courts mainly motivated by politics. Mark Ronner KFI News a couple of quick business headlines too this morning. Traders are finally conceding that the fit is laser focused on inflation, less worried about the rates.

The interest rate hikes breaking the economy. Almost half of market participants in a Bloomberg survey expect at least two more rate hikes this year. That's a remarkable shift for a market that was pricing in cuts in twenty twenty three as recently

as this month. Not on this program or on my weekend show. By the way, a soft landing for the economy does appear elusive, but the US could be stuck in a pre recession limbo for the rest of this year, which means the American consumer is pushing This would be softer landing out of the picture, and a short, shallow recession could be moving into the picture

early next year. Stock futures right now little change. This morning, Wall Street is looking to see if the market rally can find some momentum in the final week of June. Dal Jones right now is down twelve points and the SMP is basically flat, and so is the NASDAC. Jiffy Lube is fixing up ice cream trucks for free this summer. The car repair company and Good Humor teamed up to provide maintenance services to any ice cream truck or van at

participating stores. Good Humor is also hosting ice cream socials at some of Jeffy Lube's locations. Unfortunately, no socials are scheduled here in California. Prince William is tackling the long term homeless crisis in the UK. He created a five year project to make sure people always have a roof over their heads. The Heir to the Throne is announcing details of the program this week. His initiative comes as rising rents and a shortage of affordable housing push more people went to

homelessness amid the biggest decline in living standards since World War Two. We lead local live from the KFI twenty four hour news room I'm Jason Middleton. This has been your Monday wake up Call. You've been listening to wake Up Call? You know you can always listen live on kf I Am six forty weekdays from five to six am, and anytime on demand on the iHeartRadio app

Transcript source: Provided by creator in RSS feed: download file
For the best experience, listen in Metacast app for iOS or Android