Coffee With Scott Adams — Knowledge Archive May 24, 2026
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Back to episode — Episode 2943 CWSA 08/30/25

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aybe I was sort of on the right track there a little bit. But there the lender of last resort. I think Chamath said they'd rather see the Treasury do that. They set monetary policy. They regulate banks. That probably takes a lot of people. And they're a clearing house for payments, but it feels like that needs to be updated. So yeah, it doesn't seem as Chamath pointed out the Federal Reserve like…

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uld work because the battery would be too heavy. And the other possibility is there are some technologies for beaming things down wirelessly. So microwave, I think. I don't know how hard it would be to hit that target on Earth with your microwave while you're up there in the wind. So maybe there's no way to get that energy down, but it's kind of a cool idea.

The DNC had their little meeting recently, summer meeting, and they opened it up with a stolen land acknowledgement. That's where you say, "I'm sorry that the Native Americans used to own this land and the evil white people, mostly men, stole it from them. But we acknowledge that we stole it from them." Now if you're trying to rebuild a broken Democrat party that is collapsing in every possible way you can collapse, do you think that opening up your meeting by acknowledging that you're thieves and you stole some land and you're not going to give it back, do you feel like that's the best way to scrub up your brand so that people are like, "Yeah, hell yeah. I want to be part of the thieves who say to your face that we stole your land and we're not giving it back. Yeah, I feel like I'm on that team."

I just love Democrat strategist James Carville. On one hand he's full of TDS and he seems batshit crazy. On the other hand he's still their smartest guy. He's a little bit batshit crazy, a little bit TDS, but he's still their best guy. And when he gives them advice I laugh when they don't take it. And he was talking about that land acknowledgement. He goes, "Why bring it up during an election?" It's funnier if you say it in James Carville's voice. If you say it in my voice it's not that funny. "Why bring it up during an election?" See, nothing. It just sits there like a desiccated turd. But now I'm going to say the same sentence in James Carville talk. And watch how much better this is. "Why bring it up during an election?" It's a lot funnier if you scream it in Carville. Yep. We're land stealers and we're not giving it back. We're Democrats.

My feed on X is full of companies that make some kind of a video generation AI app. And look at this 10-second video I did. And one of them is up to about two minutes I guess. But I feel like I want to jump into that space and say, "Hey, I'm a creator. I'll just use these new AI tools and watch the movies I will make." And then I see that they're all limited to this like few seconds and I say to myself, okay, if I jumped in and picked one of these many apps and then I became an expert in it, what is the most likely thing that would happen if I became an expert and really started working on a project and maybe tried to make a movie like really some real commercially important thing? What's the most likely thing that would happen? The maker of the app goes out of business before I finish my project and it's not compatible with any other app. You know, you can't just take it from that point forward. That's the most likely thing that would happen.

So it doesn't look like we have an industry where I could start a project and finish it. I feel like I can only start it. And then on top of that the improvement in the technology is happening so quickly that if I do all of my research and find the very best video generator, I go, "All right, this is definitely the best one, so I'll use this one." And then I spend a bunch of time to learn it and I start making my project. How long would it be before there's one that's so much better? And it might even be like one day later that is so much better that it would be insane for me to keep using the one I started with.

So we're at this weird point in this video thing where it can't quite do something really big. It can make little viral videos which have some value but minor. And it doesn't make sense as a creator to learn any one of them in particular because you can't trust it'll be there. So I feel like this is going to be obviously this will be a gigantic part of the economy at some point, but I fee

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l like it's going to be nothing until it isn't. So this is one of those ones that's gonna be like, "Oh it's a little bit better. It's a little bit better." Boom. Suddenly it'll be everybody can do everything. There's now a robot. I saw some Mario Nawfal posts on this that can perform a surgery on an egg, so they can actually pull the shell off it without injuring the egg. It's so fine. And at the…

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