Massie's Primary Loss + AI Wars Heat Up | PBD #802

Featured · Guests

Who appeared

Luke Groman

Richard Werner

Summary

Description

Patrick Bet-David, Tom Ellsworth, Richard Werner and Luke Gromen break down Thomas Massie’s Kentucky primary loss, the escalating OpenAI vs. Anthropic AI war, Meta’s 8,000 employee layoffs, Trump shutting down Xi-Russia claims, and the Fed’s inflation-driven interest rate warning. ------ 📺 SUBSCRIBE TO LUKE GROMEN'S FFTT, LLC: https://bit.ly/3OgGy4c 💰 LUKE GROMEN'S FFTT, LLC: https://bit.ly/47yPzfC Ⓜ️ MINNECT WITH RICHARD WERNER: https://bit.ly/3NSJ8NN ✍️ SUBSCRIBE TO RICHARD WERNER'S SUBSTACK: https://bit.ly/4s7AVDd 💬 TEXT US: Text “VAULT” to 310-340-1132 to get the latest updates on speakers at The Vault Conference 2026! 🦁 THE VAULT 2026: AUG 31ST TO SEPT 1ST: https://bit.ly/4mZdLhD 🦁 SPONSOR THE VAULT 2026: https://bit.ly/4mFBPpw Ⓜ️ CONNECT ON MINNECT: ⁠⁠https://bit.ly/4kSVkso Ⓜ️ PBD PODCAST CIRCLES: https://bit.ly/4mAWQAP 👔 BET-DAVID CONSULTING: https://bit.ly/4lzQph2 🥃 BOARDROOM CIGAR LOUNGE: https://bit.ly/4pzLEXj 🇰 KALSHI: ⁠http://kalshi.com/pbd⁠ TIME STAMPS: 00:00 - Show intro 00:37 - Topics on the podcast 10:27 - 🦁 THE VAULT 2026: AUG 31ST TO SEPT 1ST: https://bit.ly/4mZdLhD 12:32 - OpenAI founder leaves for Anthropic. 28:38 - Meta lays off 8,000 employees 47:05 - Massie's primary loss. 1:10:09 - Trump denies Xi-Russia reports. 1:36:30 - Fed to increase interest rates due to inflation. SUBSCRIBE TO: @VALUETAINMENT @ValuetainmentComedy @theunusualsuspectspodcast @HerTakePod @bizdocpodcast ABOUT US: Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Covered · Topics

What was discussed

US Politics & Elections Artificial Intelligence Industry Macroeconomics & Monetary Policy Geopolitics Financial Crises & Lending

Mentioned

Names dropped in conversation

TM

Thomas Massie

“One is the big race with Thomas Massie with Galain which was massive.”

DT

Donald Trump

“Trump the biggest data that you see which was shocking to everybody who thought Trump's endorsement no longer meant anything.”

BC

Bill Cassidy

“remember Bill Cassidy who was the fellow I think in Louisiana Tom if I'm not is is Cassidy out of Louisiana Rob out of Cassidy that uh he voted he was one of the seven senators I think that voted for J6 as a Republican against the president for the impeachment and he lost to a fellow that Trump endorsed yesterday.”

EM

Elon Musk

“you know the lawsuit with Elon Musk because hey, Elon lost because he filed too late.”

SA

Sam Altman

“So, it's kind of like, well, Sam Altman is winning. On that night, his co-founder of OpenAI decides to leave and go join Anthropic.”

XJ

Xi Jinping

“Apparently there was a conversation between Trump and Xi where Xi told Trump allegedly according to reports.”

VP

Vladimir Putin

“Putin regrets the war with Ukraine.”