Plus: Tech companies turn to smaller power equipment manufacturers to power data centers. And the Motion Picture Association sends Meta a cease-and-desist over its use of the term “PG-13.” Zoe Kuhlkin hosts.
M.G. Siegler of Spyglass is back for our monthly tech news discussion. Today we dig into OpenAI’s newly cleared path to an IPO, what trillion-scale capex vs. current revenue implies, and how Microsoft’s 27% stake, IP rights, and fresh AWS entanglements complicate the story. We debate whether the market can stomach years of heavy losses, why “AGI or bust” creates systemic risk, and what happens if model gains plateau, compute economics flip, or fast followers erase any AGI edge. Finally, we look at Apple’s iPhone 17 resurgence—why it’s hitting now and whether it’s enough without a breakthrough assistant. Tune in for a clear walkthrough of tech’s biggest news with one of the industry’s sharpest analysts.
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The Supreme Court is set to hear arguments today on whether President Donald Trump can use emergency powers to levy tariffs. The law in question doesn’t mention tariffs, but the president also has wide latitude in setting the foreign-policy agenda. Let's dig into both sides' arguments. Plus, China's government is hosting a big trade show, and auto sales fall into a pot hole with EV subsidies gone.
A team of researchers are actively sifting through archival documents, artifacts, even artwork to expand the story of Indigenous slavery. The Native Bound Unbound project includes interactive maps, digitized documents and recent interviews with descendants whose ancestors endured enslavement. The publicly available digital archive aims to document every instance of Indigenous slavery in the Western Hemisphere to illuminate where and when slavery took place, and the lasting effects for Indigenous communities and their descendants.
GUESTS
Philip J. Deloria (Yankton Dakota), professor of history at Harvard University
Theresa Pasqual (Acoma Pueblo), executive vice president of Indigenous Affairs at the Crow Canyon Archaeological Center and the former tribal historic preservation officer for the Pueblo of Acoma
Estevan Rael-Galvez, executive director of Native Bound Unbound: Archive of Indigenous Slavery
Break 1 Music: Crossroad Blues (song) Lakota John (artist) Lakota John and Kin (album)
Break 2 Music: Traditional Side Step Song (song) Little Otter (artist) Side Step Songs (album)
Election Day clean sweep by Democrats. Government shutdown reaches a record. Deadly U.P.S. crash. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
From the BBC World Service: Shein is making headlines for more than its new brick-and-mortar store in Paris’s famed BHV department store. But the launch has been overshadowed by French authorities’ investigation into disturbing, illegal products sold on the platform, as well as on Temu, AliExpress, and Wish. Today, we'll learn more. And some people in Thailand are relying on informal money lenders to cover the bills as consumer debt levels soar. We'll examine the deeper costs.
Anna Baydakova discusses Russia's dramatic shift toward Bitcoin, covering mining legalization, the crypto exodus, sanctions impact, and how Russians use Bitcoin to survive economic isolation and preserve wealth amid political repression.
Anna Baydakova, Senior Reporter at CoinDesk joins us to talk about Russia's complex relationship with Bitcoin. From Putin's surprising embrace of crypto mining to the grey market of mining rig distribution, Anna reveals how sanctions transformed Russia's crypto landscape. We explore Siberian mining operations and why Russians increasingly turn to Bitcoin as both protest and preservation against an authoritarian regime.
Link to the full report: https://blockspace.media/insight/in-between-worlds-the-state-of-bitcoin-mining-in-russia/
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Notes:
• Russia legalized Bitcoin mining in November 2024
• Hash rate dropped 10-15% after Ukraine invasion
• Electricity costs $0.02-0.04/kWh in Siberia
• Putin shifted from anti-crypto to pro-mining
• Telegram channels became primary crypto platform
Timestamps:
00:00 Start
01:16 Russia mining overview
02:56 Past 3 years of growth
08:30 Top Russian Miners
09:11 Mining "ban" is complicated
13:30 Who owns these miners?
17:31 Sanctions & War
23:23 Grey ASIC market
26:36 Wrap up
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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
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The 100th meridian is the longitudinal boundary separating the humid East and the arid West. Researchers say the dry line is moving east because of climate change, threatening some of our cheapest and most reliable crops, like wheat and corn. In this episode, Amy drives across Kansas to talk to farmers on both sides of the dry line to see how they’re adapting to climate change. And we hear from a scientist who’s trying to breed crops that will thrive in a hotter, drier world.
VR12 - Yes, we absolutely thought this was coming out pre-Halloween. Halloween may be over, but NEVERTHELESS THE SPOOKTACULAR PERSISTED!
In this Vapid Response double feature, Thomas, Matt, and Lydia are haunted by two ghoulish takes from the past:
FEATURE FROM THE BLACK LAGOON: Politico’s insanely longform access journalism piece from August 2024 on how Project 2025 was so totally over, just never happening, nothing to see here
EROSSERHEAD: New York Times resident traditional conservative Ross Douthat’s 2015 analysis of why Donald Trump is definitely not a fascist
We then screen a short horror film recently shot at 1600 Pennsylvania Avenue.