3667 - Trump vs Netanyahu, AI Brokenomics; USPS Union Contract Fight w/ Ed Zitron, Tyler Vasseur
The guest argues that Elon Musk's SpaceX IPO isn't a triumph of innovation but a symptom of systemic financial rot, where regulators waived profitability rules for a company losing billions, while retail investors are being funneled into a speculative bubble. The real danger isn't just the collapse of SpaceX or OpenAI, but a hidden crisis in private credit—funded by pensions and annuities—that’s now heavily invested in AI data centers. If those AI ventures fail, the entire private credit system could implode, threatening retirement savings worldwide. Meanwhile, the U.S. Postal Service is pushing a four-day, 10-hour workweek and AI-driven route changes, which labor leaders warn would de-skill workers, increase management harassment, and degrade service—especially in urban areas. The union leadership’s silence on these proposals, despite widespread member opposition, signals a deeper crisis in rank-and-file representation. The episode paints a picture of two converging collapses: one in tech finance, the other in labor power—both fueled by the same toxic mix of unchecked growth, corporate greed, and political surrender.
OpenAI lost $21 billion in 2025 while spending $5.7 billion on sales and marketing—proof that the AI boom is a financial shell game, not real innovation.
Private credit funds, which are heavily invested in AI data centers, are now a hidden systemic risk—pensions and annuities are betting on AI's survival, which could collapse simultaneously.
The USPS's proposed 4-day, 10-hour workweek would eliminate overtime pay and force workers into longer, less predictable shifts—directly undermining the eight-hour workday legacy of the NALC union.
AI route adjustments for letter carriers would remove human judgment and local knowledge, replacing it with rigid, unadaptive algorithms that ignore real-world obstacles like broken doors or construction.
Union leadership’s support for anti-worker proposals like the 410 plan and AI routing signals a deep betrayal of rank-and-file members and could trigger a major internal reform movement.
…and 3 more takeaways available in PodZeus
The Swamp is Alive: Trump’s Iran Deal and the Illusion of Peace
“If Israel can't do the job without killing everyone else, he'll do the job. Syria will do the job.”
Elon Musk’s IPO: A Crony Capitalism Spectacle
“They're going to do a bunch of financial engineering to keep it inflated, but Elon Musk attached an unprofitable AI company to two others, and if he combines with Tesla, three others, I guess.”
OpenAI’s $21 Billion Loss: The AI Bubble’s True Cost
“OpenAI lost $21 billion in 2025. $21 billion, that's an insane amount of money. This company is continually losing more money every year.”
The Postal Service’s War on Workers: 410 and AI Routes
“AI is not accounting for that. And so if it's saying that you should be done with your route at 542 p.m., and you're really basically reinventing the wheel as you find your new route for that day, unlikely you're going to measure up to what a machine thinks you should be able to do.”
The Systemic Risk: When AI Fails, Pensions Collapse
The episode concludes with a warning: private credit—funded by public pensions—is now betting on AI data centers. If OpenAI fails, the entire system could implode, threatening retirement savings globally.
“Back to the matter is OpenAI lost $21 billion in 2025. $21 billion, that's an insane amount of money. This company is continually losing more money every year.”
“And you'll never guess what private credit's investing in. That's right, AI data centers. Yay! So if those go tits up, we don't know how large the budget is. I may be happy to say that there's not that big a deal.”
“And if Israel can't do the job without killing everyone else, he'll do the job. Syria will do the job.”
Hosts
Guests
OpenAI
organization
Ed Zitron
person
SpaceX
organization
Donald Trump
person
National Association of Letter Carriers
organization
U.S. Postal Service
organization
Tyler Vassar
person
Benjamin Netanyahu
person
Build a Fighting NLAC
organization
Russell 1000
other
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