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VaynerMedia CEO Gary Vaynerchuk says it’s a mistake to optimize everything so aggressively that you strip away the humanity of it all. He sees this in both marketing and sports. He says “one-dimensional performance marketers” lose because they get lost in metrics rather than the broader value of the...

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WATCH: Joe Lonsdale on Elon, Trump & the future of DOGE: "I'm obviously supportive of everything Elon did there. I was a little frustrated with the comment he made earlier this week, which was that, oh, there’s a tidal wave of AI coming and therefore we don’t need to worry about cleaning [up] government. I think that’s actually the wrong conceptual model..." Andrew Ross Sorkin: We often talk about DOGE. I know you’re an old pal of Elon’s. What do you think about some of the comments that Elon has made about DOGE recently? And just the talk about fractured relationships, the fractured relationship with the Trump Administration right now? Joe Lonsdale: Listen, there’s been a lot of mess there the last couple of weeks. We still have a lot of our smartest friends working at DOGE. They’re still cutting billions of dollars of nonsense. I’m really glad they’re there. I don’t want them to give it up. I'm obviously supportive of everything Elon overall did there. I was a little frustrated with the comment he made earlier this week, which was that, oh, there’s a tidal wave of AI coming. And therefore we don’t need to worry about cleaning the beach of the government. I think that’s actually the wrong conceptual model. The correct conceptual model, Andrew, is that AI is coming to our society, and it’s really important that AI ends up lifting everyone up. And the way it’s going to do that is through western civilization... so we have this civilization that’s based on the Enlightenment, based on property rights. It’s Judeo-Christian values. It’s classical virtues, it’s a functional civilization. We don’t want to give that all up for AI. We want to go in, we want to make healthcare and education work better, but we have to do it through the way it works. Andrew: What did you think he was saying there? Because here he was for a very long time saying, we need to actually make government more efficient. And then there seemed to be a little bit of a switch to say, actually, maybe not. Was that a lesson that he learned? Just sort of suffering in Washington in the swamp, or do you think that was really a view that, you know, I really is going to change everything, and basically everyone was wasting their time? Joe: I think making government work better is really, really hard. It takes a lot of persistence. It takes a lot of time. On the margin, his time might be better spent building these amazing AI companies, and I think that’s completely legit. But I don’t think we should discount the importance of fixing government, especially because of AI, because if we want to have everyone do better in health care and education and government itself, these things need to be functional. They need to work with it. They need to block crony capitalism. That means functional government. So you need both.

American Optimist

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Jaylen Brown says he used the NBA Players Association instead of hiring an agent for the NBA Draft because they're paid to help players “When I entered the draft, I didn't have an agent. I'm probably the highest picked selected ever that didn't enter with an agent. When I was evaluating, I went through the whole process and sat with a bunch of people, and what they was offering I ain't really need. It was kind of already slotted, so I leaned on the union a lot more” “A lot of the agents came and was like, ‘Yeah, we'll move you to L.A. We'll get you a trainer, put some money in your pocket,’ and I was like, ‘For what? Do I gotta give the money back?’ They was like, ‘Nah, but standard agent fee is 4%.’ I'm starting to do the math, and a house, car, and all that, whatever he was offering, is a lot less than what 4% would have been” “Long story short, the math wasn't mathing for me. I ended up being the third pick. I think because I came in like that, a lot of people, I think it was the agents, they tried to slander my name a little bit, put it in the media that he's too this, he's too that. Ended up backfiring. It all worked out in the end” “With the union, we pay dues. All the players in the NBA pay dues. We all pay like $10,000 out of our salary that goes to hiring lawyers, hiring staff, CEO, everything that you need to lead a company that works for us. So all of that is our resources that we all pay for, that we agree to. Once I learned that, I just started using it” “I'm talking about you can get private investigations done. They give referrals for financial advisors. All type of stuff. Foundation wise, health insurance, whatever you need. They have a liaison that's paid to make sure that you get it done. So I put it on their desk like, ‘I need you to get this done.’ And they do because that's their job”

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