Prof G Markets Trump & Elon Break Up Over the Tax Bill
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Jun 9, 2025 The hosts dive into Reddit's lawsuit against Anthropic and the chaos surrounding a new Trump-branded crypto wallet. They dissect the backlash to the GOP Tax Bill, questioning Musk's unexpected criticism. Shareholder outrage over CEO pay at Warner Bros. Discovery sparks a discussion on corporate governance. As venture capital pulls back from seed-stage investments, young entrepreneurs face mounting challenges, prompting a call for adaptability in this shifting financial landscape.
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Reddit's Strategic AI Pushback
- Reddit suing Anthropic is a crucial move to push back against AI scraping without permission.
- A unified content consortium could monetize data access and reshape AI's content economy.
Chaos in Trump Crypto Ventures
- Trump family crypto projects are a chaotic free-for-all with overlapping brands.
- Each faction tries to exploit Trump's image to grift the crypto audience.
Executive Pay vs. Company Losses
- Warner Bros Discovery CEO's pay package widely rejects poor company performance.
- High compensation amid significant value loss highlights broken incentives in media boards.