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Recorded on May 19th, 2026

TOPICS

0:00 - Intro

1:28 - Google I/O

3:16 - Gaming is back

8:30 - Google's Golden Goose?

17:35 - Thomas Massie

26:22 - Atrioc knows Sweden better

35:30 - Military Spending

44:10 - America's Healthcare Hole

54:26 - Car Dealership

59:49 - Europe vs China Trade War?

1:05:40 - Outro

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Comments

Tanner Jones

Aiden needs to answer the accusations. It has recently came to my attention that he hates dogs. This is not acceptable and I need this to be brought up

Gavin Schuck

I know right it's real chud behavior

Bryanna Madden

When talking about websites potentially not creating stuff AI could scrape it made me remember that right now so many news sites are changing to not allow AI scrapping which is affecting internet archive.

~s

loved Doug changing his mind at 39:55

Jack Heinzel

On the citizens united thing: you should look into this excellent book “Master Plan” by David Sirota and Jared Maher. It’s about the history of the (successful) conspiracy to legalize corruption in the US, which culminated in the citizens united decision. The history goes through the Powell memo, federalist society, etc.

Mire

What you're describing with making a joke superPAC is more-or-less what the Colbert Report did in 2012 with "Americans for a Better Tomorrow, Tomorrow". Colbert raised over a million dollars for it, won a Peabody award for journalism, and then donated all the money to charity instead. That said it's gotten way more blatant since then, and I think the idea would be interesting. Just please make sure you talk to lawyers about it before you try.

Alex Martinez

At 54 minutes, Doug says "We should fuck". It's okay, Doug, not all seduction attempts work.

Jayden O'Hara

Ah yes my three favorite internet people -guy who knows a guy, and can recite every every MCU movie in chronological order. Along with their box office profits and rotten tomato score. -Clips man who hates everything but stocks and his favorite movie, “The Wolf of Wall Street” -Tech guy who we will never hear from again as soon as Anthropic figures out how to put Cortana in his head Time to drive 45 minutes from work and listen to them talk over each other, respond with “Sure, Sure”, and argue with guy who knows a guy over his love of Sweden and melee. This is worth every cent.

Car Wants A Tree (3-1-3)

Aiden's obsession with Sweden is crazy to me because everything he describes about it as good is just better in South Australia

Alex Brezny

30:20 so the actual answer for the country that has the highest number of startups per capita is actually Israel, now the reason for this is because of unit 8200 which is effectively like the NSA, and cyber command combined. So Israel has mandatory military service for everyone, as a result the people who are put into this specific training for unit 8200, so people learn real cyber security skills in high pressure situations. The best cyber security education on earth. Hence why a lot of cyber security firms are Israeli, they usually find holes in the someone's defenses and then sell their solution to prevent it on the market. Typically the joke is "engineers make companies to prevent the specific exploits that they used against their enemies" as the pitch and people literally will just write you a check based on that. Its a very strange ecosystem, that is effectively subsidized by the government. These companies provide durable value which is why they get acquired by large companies like either Palo Alto networks or Crowdstrike. Wiz famously exited to google last year for 32 billion dollars in their largest acquisition. They were the fastest company ever to 1b ARR. This leads me to my second point which is: unicorns are a bad metric for almost anyone except for VCs. It basically means it's only worth 1b dollars on paper, not in reality. Israeli startups tend to be in the infrastructure side of things, so their customers usually buy a lot more once they have signed a contract. The value is more durable, but currently venture capital is recovering from the ZIRP period from 2020-2022 where money was essentially free, people were valued at valautions that were not sustainable like 100 times revenue, not earnings like how we value public companies. REVENUE IT WAS INSANE. A lot of these companies say they are worth over a billion dollars, but their last public raise was 5 years ago. Venture capital rounds are typically 2 years apart. (Again typically these ones you hear about on the news are the outliers the andurils, openais, antrhopics, SpaceXs. These typically aren't also playing for VC money anymore they're going after sovereign wealth and corporate money which is much larger) My point being is that unicorn is a uniquely bad metric now, because a ton of companies that day they are unicorns are slowly dying because they either have to take a down round (your equity gets screwed over. The argument of a unicorn being an example of anything is sort of mute. I'm not trying to bash Aidan here, he isn't deep in the VC industry, he doesn't know a general partner from a limited partner (probably) which is like actually fine. The thing you probably should be looking at is "does this company have at least 100m dollars in ARR" which is a lot better of a metric than "unicorn" in which if you actually use that measuring stick, you have 5 companies. Legora, Lovable, Sana, Grafana, Neo4j, and Voi. They all clear 100m dollars in ARR, Grafana is incredibly important to developers specific for monitoring GPU clusters, actually irreplaceable in the ecosystem. My point is that it's a bad metric, also Legora and Sana are both going to be clobbered by Harvey and Glean. My main point is that it is a bad metric. Apologies for rambling love the show. Certified gerald Ford enjoyer!

MaiL6

16:34 dude I did like basically the same thing

Excalibur 11

I genuinely don't believe that Doug's segment at the start is real at all. I am 100% sure he AI generated the whole thing as a social experiment.

Nick

Terve! Is Aiden let you down with Sweden focused Nordic facts? Don't you worry, I'm spending the summer in Finland while assessing the possibility of immigrating here, and will share weekly Finland facts to maintain balance in the world. Did you know Finnish public libraries are the most visited in the world per capita? Want to be more like the Nordic countries? Support your local library and join a book club! Bonus fact: Libraries in the US essentially pay $2–$5 per rental for digital books on Libby, even if you never open it. Physical books only need to be purchased once and last until the pages are falling out. Consider checking out physical books, or if you do borrow a digital copy, make sure you're actually going to read it!

Jack Glynn

I feel like as Thomas Massie you have to anticipate the AI slop pandering to the boomers and try and counter that. Maybe he did try to do that with his messaging and it wasn't enough, but I feel like how long are people going to let misinformation dominate everything in social media?

TJ Weatherby

You guys should get John Kiriakou on the pod

Wouter

I'm not sure "We spend the most on a tool that hasn't proven to be a benefit for businessproductivity yet" is a flex.

comfy

The LS Patreon SUPERPAC goal right after China needs to happen that’s too funny

Real Lightfield

I actually want the Super-PAC "free speech" thing to happen, im paying for this express purpose.

borosorod

Get linkus to defend klarna

Karan Patel

I spent a year as a lobbyists for a non profit organization. Fun times

No Name

we dont fucking care about sweden Aiden

DeftCG

This explains why the production quality on Ludwig's latest game show videos has been so low. For like the last three game shows they haven't even had basic buzzer noises, it felt like they were giving up/shutting down, and maybe they are. Edit: maybe lud doesn't use the production company for those events, but I honestly thought it was wild that they didn't even put in basic game show sound effects, even if they weren't using the production company.

DeftCG

Great comment, was going to mention this about Israel but with less detail. I was a cybersecurity researcher and can echo the sentiment about why Israel produces so many cybersecurity/tech companies. They are basically doing a Ukraine with cyber and have been for over a decade (desperately spending and developing expertise and relationships because it's how they stay alive/relevant/in control. Cyber capabilities give you very good leverage with allies and enemies

Dan

The Yard tier lists were too generous to Courage JD

G4MM4

You mean offbrand games? I thought offbrand went belly-up long ago

G4MM4

Pushing Thomas Masse out just makes the midterms tougher though, right? Like one of the only states that might survive the red purge and they put in a nobody? Dumb

G4MM4

bUt tHe sPiDerS!!! VEGEMITE!!!

Hunter Ramsey

Can’t speak for South Australia but in other parts of Australia a lot of the things he seems to be keen on can’t really compare. Public transport isn’t as good, work culture is more like the US, healthcare isn’t as good and housing is brutally unaffordable is aus. I can’t imagine South Australia differs so drastically compared to the rest of the nation

toast

Take a week of LS stand profit to loby for the Hawaii Anti lobby laws in California.

Makiah Stafford

Another book rec is outliers by Malcolm Gladwell. It's about how success isnt just hard work but timing luck and a multitude of other factors

Jason Zhang

In response to Doug's point about how the US government "values" healthcare highly because it spends more on it than military, I think it has to be put in context of other governments. I would argue the neutral baseline spending for healthcare is higher than that of the military. So UK spends about 5x on healthcare than military, Canada about 6x. I can't exhaustively check but I would guess almost all first world countries spend more on healthcare than military. To imperfectly analogize it to a person, almost every person (with insurance) spends more on healthcare than VPNs, Ring subscriptions, and handguns, but a person was signed up for health insurance that cost roughly that of a VPN subscription and a ring subscription, then they probably have really ass healthcare. Alternatively, if the US spent $500 billion on national parks or 150 times the current budget, I would say that it is valuing national parks extremely high, despite it being about half the US defense budget. The points system that makes all fields equally weighted masks that there are very different baseline or neutral spending levels. On another note, allegedly US defense spending is about a third of global military expenditure; US was estimated in 2023 to be the second highest military spender per capita, behind Israel. However in support of Doug's point, US healthcare spending per capita and per GDP exceed those of the UK, a country that I would argue "values" healthcare very highly. I think the reason is, as the podcast has covered, healthcare in the US is much more expensive for a fixed level of coverage.

Gavin Morey

I would mention on the Artemis factor, this was slightly intentional on NASA’s behalf to my understanding. If they spread jobs across the country it makes more expensive and very inefficient. Not to mention pushed off timelines. However, it becomes almost impossible to kill SLS at this point politically. When Obama cancelled the shuttle, which kinda was deserved and that’s a whole separate issue, NASA had to scramble to try and create a replacement and they decided to try and be politically savvy to avoid the shuttle situation forever. This is all of course, what I have heard through the grapevine in my industry. Would love if you guys did more episodes on what’s happening with Artemis!

Emmanuel Alagbala

I don't understand. Trump kicking out people he doesnt like is anti democratic. This is what they do in China and Russia. This is not democracy

Emmanuel Alagbala

49:30 so private companies write laws and your elected officials pass them and you think you're a democracy? Lmao

wislor

I love it when Atrioc gets backlash for not having a credit card. I'm chilling here in Germany and the only reason anyone (who isn't a millionaire) would want a credit card is to book a vacation or access obscure Onlineshops... That's it... And almost nobody has one. This is not a lack of access by the way I could go to my bank and get a creditcard today but that would be like 10€ per month I just don't need to pay. Debit for the win 💪