Back to episode — Episode 2948 CWSA 09/04/25
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r-year high. So it's still not more than 50% but 44% now, which is much higher than it used to be. Think things are on the right track. So as I often remind you, the economy is based on expectations and resources. We usually can find ways to get the resources in today's world. So the expectations are what are kind of dominant. And when people think things are going in the right direction, then th…
← Previous segment →that work. It might not be illegal. It just feels like one of those things that feels like it should be illegal. I don't know. But if it's not illegal and it works, I suppose it's on the table.
The *Epoch Times* is reporting that one of the engineers in Elon Musk's AI company, xAI, an engineer is being sued for allegedly stealing trade secrets. And I wonder how common that is. You know, part of me thinks that every AI company has somebody who's already stolen their code. What do you think?
And then I asked myself, how many employees have access to the really important parts of the code for an AI company that's all code? How many people? Wouldn't you imagine that there would only be three to five people who would have that access and they would all have to agree to make any kind of a change? I don't know what kind of controls they put on that, but it kind of makes me wonder if every AI company's code will be stolen and maybe even released to the public under the hypothesis that the world is a better place if all the code is public, which would be bad for the AI companies but maybe somebody would think it's good for the public in some way. I don't know that it would be, but you can imagine somebody arguing that. It's like no, you can't have some companies owning AI. It must be set free for everybody.
So I'm going to say even though the people who steal that stuff might get caught, I'll bet it will still happen because people always think they can get away with it. So I don't know how you solve that.
Well, I saw a report th
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at the company Polymarket, that's an online gambling firm so you can gamble on political things happening, stuff like that, it's been cleared for US adoption after some board CFTC ruling. *Zero Hedge* is writing about this. But what's interesting about it is that one of the investors of Polymarket is Don Trump Jr. and he's also an adviser. So right after, fairly soon after Don Jr. became an inves…
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