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Pollster: Trump's Approval Ratings At "Five-Alarm Fire" Level | Pivot

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Pollster: Trump's Approval Ratings At "Five-Alarm Fire" Level | Pivot

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1938 segments

0:00

His brand is firing. His brand is

0:01

getting rid of incompetence. And now he

0:03

has he keeps them. And you're like, "Oh

0:05

my god, you're keeping the

0:06

incompetence."

0:12

Hi everyone, this is Pivot from New York

0:14

Magazine and the Vox Media Podcast

0:16

Network. I'm Cara Swisser. Scott is off,

0:18

so I brought in a brilliant co-host

0:20

again, as are everyone who's not Scott.

0:24

uh Kristen Sulttus Anderson, pollster

0:26

and co-founder of Echelon Insights and

0:29

contributing opinion writer for the New

0:31

York Times and someone I really like a

0:32

lot who's super smart. Nice to see you.

0:34

>> Well, thanks for having me, Cara.

0:36

>> Yeah. So, um welcome. What's going on?

0:39

What's going on? The world of polling is

0:40

insane right now. Correct.

0:43

>> It's it is as insane as it can be

0:45

considering that there is not an

0:47

election that is imminent. uh you know

0:49

like the world gets polling world gets

0:51

crazy in the immediate leadup to an

0:53

election because somebody's got a new

0:55

survey coming out every day in some

0:57

interesting swing state when it is

0:59

election season but right now it's a

1:01

little bit of the doldrums for that and

1:02

so what is instead kind of crazy is all

1:06

of the changes around how is AI going to

1:07

change our industry and those sorts of

1:09

things.

1:09

>> We're going to get to that. We're going

1:10

to talk about the predictions industry.

1:12

We're going to play a little bit of

1:12

Scott who loves it. I don't love it

1:14

quite so much and I know you hasn't

1:15

thought. So, it's really important to be

1:17

talking about it because what we're

1:18

interested in is accurate information

1:20

and it's very hard to get it. Anyway, uh

1:23

there's so much going on. Let's get

1:24

right to the news because you've been

1:25

doing tons of stuff in the times and

1:27

elsewhere and we've talked a little bit

1:28

about but we of course have to start

1:30

with Donald Trump has once again issued

1:32

an ultimatum to Iran. I think it's the

1:34

27th one posting on True Social on

1:37

Easter Sunday. Quote, and let me just

1:38

read this correctly. Open the

1:40

straight you crazy bastards or you'll be

1:42

living in hell. which sounds like a line

1:45

from I don't even think movies would

1:47

write those lines anymore. Um, if Iran

1:49

doesn't comply, Trump is threatening to

1:51

target the country's power plants and

1:53

bridges. Iran says it will retaliate

1:55

crushingly and extensively if civilian

1:58

infrastructure targets are hit. So,

2:00

they're just coming back with the same

2:02

dialogue. This all comes after a

2:04

successful rescue of two US airmen whose

2:06

jet was shot down uh over Iran on

2:09

Friday. It's not great, but the jets

2:10

were shot down. We're taping this before

2:12

Trump's press conference on Iran and

2:14

these military rescues. So Kristen, most

2:17

polls show the majority of Americans are

2:18

opposed to this war, right? Pretty

2:20

significantly. You recently did some

2:21

polling with Trump's MAGA base. Talk a

2:24

little bit about what's happening here

2:25

uh in the polling and the thinking

2:28

around it.

2:29

>> Yeah. So normally historically when the

2:31

US gets into conflict uh overseas

2:34

there's normally a little bit of a rally

2:36

around the flag effect um because

2:38

normally we are getting involved in

2:40

response to some kind of provocation um

2:43

whether it was after 9/11 etc. Um in

2:46

this case there was not really

2:48

groundwork laid to make the case to the

2:51

American people for why we needed to do

2:53

this. And so, you know, in my polling

2:55

when you say, "Would it be legitimate to

2:58

engage in military activity against the

3:00

Iranian government if they were

3:02

developing a nuclear weapon, like

3:04

twothirds of Americans say yes to to a

3:06

bunch of those different kinds of

3:07

things, but it's clear that that case

3:10

wasn't really made well to the public

3:11

because then when you say now, do you

3:13

support or oppose what we're doing in

3:14

Iran?" Most don't don't support it. Um,

3:17

or they have some real serious

3:19

questions. In fact, it is the MAGA base

3:22

that is the most supportive of what

3:24

we're doing. Um, there's so much

3:27

interesting discourse around how Donald

3:30

Trump reshaped the Republican party and

3:32

there's this view that there is the old

3:35

Republican party that like longs for the

3:37

day of Ronald Reagan and says, you know,

3:40

we love when the United States projects

3:42

its power overseas and that Donald Trump

3:44

has, you know, reashioned the Republican

3:46

party in his own image away from that.

3:48

No more forever wars. America first and

3:50

all of that, but actually when you ask

3:53

voters who identify themselves as like

3:55

Trump supporters first before being

3:57

Republican supporters, they are the most

3:59

likely to sort of say if Donald Trump

4:01

says it's a good idea, I'm kind of

4:03

willing to give him the benefit of the

4:04

doubt on this. Even though they backed

4:06

him for America first and no foreign

4:08

wars. Not everybody. Obviously, Marjorie

4:10

Taylor Green put out a pretty big long

4:13

well a lot of things that she put out

4:14

about his health and his mental state

4:16

and stuff like that, but um why is that?

4:19

Why is the shift? Is just whatever he

4:21

says goes or they don't really care what

4:24

the words are or the policies.

4:27

>> There are some people who are part of

4:29

Donald Trump's coalition who are pretty,

4:33

you know, they don't want the US to be

4:34

involved in military activity overseas.

4:36

They're very outspoken

4:38

>> and they're quite outspoken about it,

4:39

but those are different from MAGA

4:41

voters. And I think there's a it's like

4:43

very easy to kind of conflate like the

4:44

MAGA movement equals everybody who voted

4:46

for Donald Trump and like that's not

4:48

true. Um there are a lot of people who

4:51

in fact in some of the polling that I've

4:53

seen it is the type of voter who is not

4:56

a Republican and is pretty isolationist

4:59

is among the most likely to have like

5:00

come joined the Republican coalition

5:02

recently. So Donald Trump does have a

5:04

potential political problem with some

5:07

people who really liked him and feel

5:09

betrayed by what he's doing. But the

5:11

core MAGA faithful and the Republican

5:14

party as reconstituted by Donald Trump

5:16

at the moment is reserving judgment and

5:19

saying, you know what, I think he's

5:20

probably on the right track. Let's see

5:22

how this plays out. And how many people

5:24

is that? What is the amount? Because

5:25

majority of he's lost in the numbers are

5:27

pretty staggering when you look at any

5:29

poll. almost every one of them including

5:31

Fox polls, all kinds of polls.

5:33

>> Yeah. So, the I sort of estimate that

5:35

the MAGA movement is about a quarter to

5:39

a third depending on I mean it's a it's

5:42

a pretty fluid section of the Republican

5:44

party, but it's not half the country.

5:46

And I think the big political risk

5:49

Donald Trump faces is like it didn't

5:51

have to be something where he was losing

5:53

a majority of Americans. He could have,

5:55

I think, communicated at least somewhat

5:56

effectively about, hey, this is a

5:59

government that's been declaring death

6:00

to America for decades, and here are

6:02

these specific things that they are

6:03

doing that put us at risk. Here's why

6:05

I'm going to do this. Here's what I'm

6:06

going to take out. And I don't think it

6:08

had to be a situation where he was

6:11

losing half the public right from the

6:13

get-go. Um but because of that lack of

6:15

clarity in communication that has not

6:18

really been followed by a ton of clarity

6:20

in communication like the numbers are

6:22

getting worse not better right okay so

6:24

what talk about that for a second the

6:26

clarity and communication because a lot

6:27

of it is marketing you're talking about

6:29

marketing like we're going to market

6:31

this more to you why why was it not

6:33

there and what impact how how because

6:36

most people do give pes the benefit of

6:39

the doubt something was up although he

6:41

had previously bombed them and said he

6:42

obliterated them so why the need to

6:44

obliterate them again. I mean, I I even

6:46

had Tom Tillis saying that, like, oh, we

6:49

obliterated, then we obliterated, and

6:50

now I guess we're obliterating. He was

6:52

sort of articulating that lack of

6:55

clarity. Yeah. Well, I I don't know that

6:57

I would just say that it is marketing

6:59

because I think for something like this,

7:00

I mean, it to me the bar does feel

7:03

higher than trying to sell somebody soda

7:05

or potato chips or sneakers. I know

7:08

that's not what you're saying, but I I

7:10

think that the

7:12

>> it's not just can you put out a snazzy

7:14

video that makes it look like we're

7:16

winning at a video game and you win

7:18

because that's that's obviously part of

7:19

the strategy and and yet the numbers are

7:21

are what they are. That I think it is

7:24

just that the the American people simply

7:26

want to know why is this in our

7:28

interest? And if you can give a

7:31

reasonably good answer to why something

7:32

is in our interest, we tend as a people

7:35

to sort of give the commander-in-chief,

7:37

maybe not today with Donald Trump as

7:39

such a polarizing figure, but we tend to

7:40

say, "Okay, if you think that this is in

7:43

our best interest, like I'll give you a

7:45

couple weeks to see how this plays out."

7:47

And especially if the costs are not

7:49

significantly high, people will give a

7:53

little bit more of that runway. one, you

7:55

know, I mean, thank goodness that they

7:56

have gotten these pilots back because

7:58

that's that's the kind of thing where

8:00

it's it is I can't wait to hear the like

8:02

thrilling story of how this was done,

8:04

but a combination of if military losses

8:07

begin to pile up in a very significant

8:09

way or the domestic impacts of the

8:11

straight of Hormuz, gas prices, all of

8:14

that, you know, you can run out of that

8:15

goodwill much more quickly. But right

8:18

now, he didn't start with the the

8:20

reservoir of goodwill that as a

8:22

president you would want. Some of that's

8:24

because he's Donald Trump and there's

8:26

just some people who aren't going to

8:27

like anything he does. But he also

8:29

starts with people who will like

8:30

anything he does. Uh who do sort of give

8:33

him that benefit of the doubt even if

8:35

they would not give a president Marco

8:37

Rubio or President JD Vance that same

8:39

leeway. And it does not seem like he has

8:42

taken this moment. And his numbers have

8:45

not gone up at all. They're going down.

8:47

They're going down with everybody.

8:49

Correct. So let's talk about that

8:50

because the the numbers really are

8:52

decline. They keep declining, which is

8:54

really usually doesn't happen,

8:56

especially for the midterms. President

8:57

Trump's approval rating is just at 35%

9:00

for his handling of the presidency

9:01

overall and 31% for his handling of the

9:04

economy, according to recent CNN

9:05

polling. However, the news isn't great

9:07

on either side. About a quarter of the

9:09

country holds negative views of both

9:10

parties. That's something not a fresh

9:12

thing. Talk about when you look at this

9:15

information as it is. You know, one of

9:18

the things about Donald Trump is he's

9:19

unprecedented. He's unprecedented in the

9:21

decline and he's still standing kind of

9:23

stuff. He keeps taking the punches here

9:25

from a polling and and and you can feel

9:28

it. I have a lot of MAGA not MAGA Trump

9:30

adjacent relatives and they really don't

9:32

like him like suddenly. Um and they

9:35

never would express that before. There's

9:38

I think two things that are that are

9:40

ominous for Republicans. The first is

9:43

with everything that's going on in

9:45

foreign policy, um, foreign policy is

9:48

not most voters number one issue, but it

9:51

is the background music. It is the thing

9:54

that tells you what the

9:56

commander-in-chief's values are. It says

9:58

a lot about what his temperament is. is

10:00

I mean we already this is what he's

10:02

interested in like not daycare not

10:04

>> this is well covered territory with

10:06

Donald Trump in some ways but it just

10:08

sort of focuses the mind a little on

10:09

like what is it that this person is all

10:11

about you you frankly saw something like

10:14

this with Biden when you saw his job

10:15

approval as we withdrew from Afghanistan

10:19

and as that went terribly that was the

10:21

moment when his job approval went

10:23

underwater and never recovered. It's not

10:25

because most voters said what we do in

10:28

Afghanistan is my number one issue, but

10:30

it just it like communicates something

10:32

about the level of competence and

10:34

priority setting and decision-m within

10:36

the Oval Office that like carries over

10:38

and bleeds over into how people think on

10:40

a whole variety of issues. Um, that's

10:42

risk number one. Risk number two on the

10:44

economy. Um, I I don't want to take

10:47

credit for this, but this was the my

10:49

friends at the Central Air podcast were

10:51

talking about this that essentially

10:52

Donald Trump had really good numbers in

10:55

his first term on the economy. Even

10:58

among voters who didn't like him

10:59

overall, thought he was crude, thought

11:01

he was crass, thought he was a jerk, all

11:02

of that. They still thought, not all of

11:04

them, but a small subset thought, "Yeah,

11:06

but at least he's good on the economy."

11:08

And when COVID happened, he still got

11:11

kind of a pass. Like people sort of

11:13

understood

11:14

>> not his fault. Yeah, like he did not

11:16

create this virus. For all his faults,

11:18

he's this is this this was not on him.

11:20

Um

11:20

>> for all the bleach infected in

11:23

for this time around, there's really no

11:27

one else he can blame for the state of

11:30

the economy. And he has tried to say,

11:32

I'm just cleaning up Biden's mess. But

11:34

you kind of run out of runway on that

11:36

eventually where voters say like I'm t

11:38

like Biden is so irrelevant to me. I'm

11:40

tired of hearing about him. Just tell me

11:42

what you're doing. What are you going to

11:44

do? I I I don't I don't care what

11:46

happened in 2023, 2024. Um

11:50

the fact that his numbers on the economy

11:52

in that CNN poll had 31% job approval,

11:55

that is atrocious. That is a five alarm

11:59

fire level number because one, it's way

12:03

below like the norm for job approval

12:05

these days hovers around 40%. You start

12:07

getting into the 30s and that's scary

12:10

land. you get into the low30s and that

12:12

is like terminal. Um, and it for it to

12:15

be on the economy which you know there

12:17

have been other issues where he is job

12:19

approval has fluctuated big time and

12:21

people said oh I don't trust him on this

12:23

X Y or Z. The economy was always a

12:25

thing. Oh, he's the apprentice guy. Oh,

12:26

he's the business guy. And so for his

12:28

job approval to be that low on the

12:30

economy, if that does not turn around,

12:32

that suggests to me a very troubling

12:36

midterm for Republicans with that.

12:39

recently on how Gen Z voters are feeling

12:41

about the economy. What did you find

12:43

there?

12:44

>> Give us some.

12:44

>> So Gen Z voters have uh the worst view

12:48

of the economy and even in just the last

12:50

month it has plummeted precipitously. So

12:53

when I say, you know, on the foreign

12:55

policy stuff that Donald Trump mostly

12:57

has the MAGA movement, there is a divide

12:59

within the Republican party and it is

13:01

older voters versus Gen Z. And so it is

13:04

Gen Z Republicans in addition to Gen

13:06

Zers who are not Republicans who are

13:08

increasingly saying like this economy

13:10

isn't working for me. And whether it's a

13:13

combination of they are approaching

13:15

graduation and the job market's not what

13:16

they want, whether they feel like the

13:18

affordability crisis is keeping home

13:21

ownership and you know a whole variety

13:23

of sort of life aspirations out of reach

13:26

um or just a sense that there's not as

13:28

much opportunity um for them to build

13:30

the kind of career they want. I did some

13:32

focus groups for the New York Times uh

13:35

very recently where we talked to Gen Z

13:38

white collar job seekers and it was I

13:42

mean it was heart it was like

13:43

unsurprising but also just heartbreaking

13:45

to hear

13:47

these young people talk about what it is

13:49

like to try to get a job in a moment

13:51

when they for some of them they went to

13:54

college because they were told you need

13:56

this credential now they've got debt and

13:58

they still send out a 100 applications

14:00

and they get five people to call them

14:01

back of which three then proceed to

14:04

ghost them and the other one the other

14:06

two are AI. Yeah, exactly.

14:09

>> Um and so it was just it it felt it

14:12

there was a bleakness to it that was was

14:16

disputing because normally when I talk

14:17

to Gen Z folks like there's very much a

14:21

yeah everything's terrible but like our

14:23

generation is going to fix it. And it it

14:24

almost feels like right now, do people

14:28

feel like they have any sense of control

14:30

or ability to shape the future or is it

14:32

just like bigger, more powerful stuff at

14:33

play that they won't be able to put

14:35

their heads down?

14:36

>> And they blame Trump for this, correct?

14:38

Or

14:39

>> in our focus group, I in our focus

14:42

group, it was actually a more Demle

14:45

leaning group. I don't know chicken or

14:47

the egg. Is that because that's more of

14:48

who was looking for jobs or what have

14:50

you? Um, and we really didn't talk too

14:53

much about Trump himself. Um,

14:55

>> right. But it's a feeling and he's

14:56

standing at the top. Right. That's my

14:59

less that they say I can't get a job and

15:00

it's Donald Trump's fault and it's more

15:02

I can't get a job. It feels like society

15:04

has been moving in a bad direction for a

15:06

while and I don't know like who's

15:08

sending the lifeboats like who's coming

15:10

to rescue us? I don't know that

15:11

anybody's in the prime position. When

15:13

you think about that his outbursts, how

15:16

much do they matter anymore? like the

15:18

one this weekend. Of course, once again,

15:20

and I don't mean to say the word pearl

15:21

clutching, but everyone's like, "Oh, can

15:22

you believe he said it?" I'm like, "Yes,

15:24

he seems cognitively disabled to me. I

15:26

don't I'm not a doctor, but he's as

15:28

crazy as ever, and he's not. That's not

15:29

changed." Does that matter when he does

15:31

these sort of outbursts or are they just

15:34

noise now with him with voters?

15:36

>> Well, there's this weird disconnect

15:37

where if you ask voters what they think

15:40

about things like that, they tell you

15:42

they don't like them. And yet I if if

15:45

market signals are to be believed, more

15:48

politicians seem to be leaning into that

15:50

kind of behavior, a sort of like if you

15:52

can't beat them, join them type

15:53

approach. So like I would think if you

15:57

if you just take people at their word,

15:59

they want candidates who compromise and

16:01

candidates who behave in a manner that

16:03

is befitting the office and all of those

16:05

different things. and then who shows up

16:08

and votes in a primary like puts people

16:09

in who have un unbelievable flaws in in

16:13

any number of ways. So I think you're

16:16

right and I don't think it's pearl

16:17

clutching or or if it is like I'm I'm

16:19

I'm pearl clutching a little bit. Not

16:21

that I'm surprised but that I'm

16:23

disappointed

16:24

uh that we now have this

16:27

>> horseness where

16:29

>> like the president of the United States

16:31

is tweeting fbombs. I don't love that.

16:33

That's like maybe that's just me as a

16:36

small C conservative like I'm I'm not

16:38

interested. No thank you.

16:39

>> Um

16:40

>> but the reality is that voters say they

16:42

don't want it and then this is who gets

16:44

elected. And whether it's they're voting

16:46

for him in spite of it or because of it.

16:48

Like I think there's some people it's

16:50

because of it. They like that he doesn't

16:51

sound like somebody straight out of

16:54

central casting. Um,

16:55

>> yeah.

16:56

>> Yeah.

16:57

>> But I do wonder if there will be a

16:58

backlash at some point. If Americans

16:59

start to want straight out of Central

17:01

casting sound like the old man at the my

17:04

mom's uh senior living facility who you

17:06

really need you go around to get off the

17:08

elevator for. Um and and initially

17:10

you're like and then you're like shut

17:12

the up daddy grandpa. Anyway, um

17:16

it's a really interesting thing because

17:17

I think just like with Iran or anything

17:19

else it's a background noise that's

17:20

disconcerting right

17:23

a direct thing. It's not soothing. It's

17:26

not This is not America does not feel

17:28

like the spa music is on. Let's put it

17:31

that way. Especially with these young

17:32

voters that you're seeing it. If you had

17:34

to pick one polling thing that you went,

17:36

"Oh my goodness sakes, one upside or

17:39

downside. What is there something that

17:42

stuck out from you recently in your

17:44

polling?" Well, I think it is about Gen

17:46

Z and the economy and it is when we've

17:50

been asking people, do you think the

17:51

economy is um headed in the right

17:53

direction or the wrong direction? We've

17:55

been asking them this for years. People

17:57

generally have been saying it's been

17:58

headed in the wrong direction and you

18:00

can break it out by generation. And for

18:02

the most part, this has not been

18:03

something where like older voters think

18:05

everything is great and younger voters

18:07

think it's terrible. Like everybody's

18:08

kind of been aligned about where things

18:10

are at. But in just the last month in

18:13

our March data, the Gen Z respondents, I

18:16

mean, it fell off a cliff in terms of

18:18

their feelings about the economy. And

18:20

the reason why that sticks out is one,

18:21

it's a it's breaking of a big trend that

18:23

we'd had for a long time of kind of

18:25

everybody feels like the economy is not

18:27

doing great. Um, but just for to see

18:30

them get so much more depressed in just

18:32

a month was was really jarring. But

18:35

number two, think about the kind of

18:37

coalition that Republicans put together

18:39

that have enabled them to have sort of

18:41

better thanex expected elections. It's

18:44

in part because they they tried to

18:46

repair the damage that had been done

18:48

with younger voters. And if you are

18:51

presiding over an economy where Jenz is

18:53

feeling like this, like that's it. The

18:56

only thing you have going for you is the

18:58

fact that Jenz finds Democrats to be

18:59

uninspiring at the moment. Um, that's

19:01

not a great thing to hang your hat on.

19:03

So to me it's it is that Jenzi economic

19:06

number more so than anything specific

19:08

about foreign

19:09

>> it's an opportunity for Democrats

19:10

presumably correct is an opportunity

19:12

>> it is it is an opportunity for Democrats

19:14

but I think the thing that Democrats are

19:16

getting wrong is like that they they

19:18

know that affordability is the thing on

19:20

everybody's minds and so they know to

19:22

like mouth the words yes we care about

19:24

cost of living and that may be enough if

19:27

things are bad enough you can just say

19:29

I'm not the other guy and that that

19:30

could be adequate but I still think

19:32

think that voters also in the surveys

19:35

that I see harbor some skepticism about

19:37

what Democrats would do if given the

19:39

reigns again. Like, okay, we don't love

19:41

what Trump's doing, but we still don't

19:43

love the way Biden handled this either.

19:45

So, what's your plan? Is your plan to

19:47

open up the spigot of money and

19:48

subsidize everything to pretend like it

19:50

goes away, but that drives inflation?

19:51

Like, we don't want that either.

19:52

>> Run the deficit.

19:54

>> Yeah. I don't I don't think that

19:58

fresh ideas that actually solve people's

20:00

problems. Incredible. Well, that's what

20:02

they're supposed to do. Okay, Kristen,

20:04

let's go on a quick break. When we come

20:05

back, we'll talk about a potential

20:07

cabinet shakeup and who might be the

20:09

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22:23

Christine, we're back. Pam Bondi and

22:25

Christy No may have just been the

22:26

beginning. A Trump cabinet shakeup is

22:28

reportedly in the works, though the

22:29

president is denying it, which means

22:31

it's happening. The White House official

22:33

told Reuters to expect a targeted churn

22:35

rather than a big uh dramatic reset,

22:38

which this feels like a corporation.

22:40

Some of the names potentially on the

22:42

chopping block. Director of National

22:43

Intelligence Telsey Gabbard, FBI

22:45

Director Cash Patel, Commerce Secretary

22:47

Howard Lutnik, uh, Labor Secretary Lori

22:50

uh, Derimer. As for Bondi's replacement,

22:53

her deputy and Trump's former attorney

22:55

Todd Blanch is currently serving as

22:56

acting AG and he's already trying to

22:58

distance the DOJ from the Epstein files,

23:01

telling Fox last week that all the files

23:02

have been released. talk a little bit

23:05

about what's happening here in terms of

23:07

um this and does this create more of a a

23:10

voter dissatisfaction or is it I mean

23:13

this happens in every administration

23:15

where there's a shakeup kind of thing.

23:16

It's not a and the last Trump

23:18

administration was was like a manic

23:21

episode of of the apprentice of course

23:24

and people went in and out quite a lot.

23:26

This is this is these people have had

23:27

some staying power and they're 100% less

23:30

competent. So talk a little bit about

23:31

that. I think a shakeup can be a very

23:34

good thing, especially if like let's

23:36

take Christy. This is a great example of

23:39

an issue immigration was an issue where

23:42

Republicans and Donald Trump had a

23:44

massive advantage that they haven't

23:46

always had, but there was a real

23:48

willingness to like America had moved to

23:50

the right on these issues and said do

23:52

what you got to do to get the border

23:53

secure.

23:55

and the way in which this was handled

23:58

culminating in I mean embarrassment is

24:00

is probably too light a way to frame it

24:02

but the events of the last couple of

24:04

months in terms of of ICE specifically

24:08

>> um

24:09

>> just this week with with a service

24:10

member's wife being grabbed off a base

24:13

>> I I just feel like for Donald Trump you

24:16

you can't your political coalition can't

24:19

survive if you don't have people coming

24:21

to you going well at least he knows what

24:23

to do about the border at least he knows

24:24

how to handle this issue It's kind of a

24:26

core piece of glue that holds different

24:28

pieces of his coalition together. And if

24:30

you lose that, what do you have? So by

24:33

being able to sort of say, okay, I'm

24:35

cutting this person. This person has

24:37

been an embarrassment to me and look, my

24:39

numbers on this issue have fallen.

24:41

It is good that he is at least not

24:44

taking the position of like I'm just

24:46

going to I'm going to circle the wagons

24:49

and we're going to say that everything's

24:50

fine and it's just the liberal media

24:52

that's being mean. So I think to some

24:54

level these shakeups are what Donald

24:57

Trump's voters expect from him,

25:00

especially those folks who are not

25:03

diehard Republicans, but instead

25:05

gravitated to him for some combination

25:07

of the economy and immigration and vibes

25:11

that like being able to show yes, I want

25:14

new people running the show. I have been

25:16

unsatisfied with what they've been

25:17

doing.

25:18

>> Well, his brand started with that.

25:19

You're fine.

25:20

>> Exactly. Exactly. So, I don't know what

25:22

that means about who would be next. I

25:24

mean, I think about some of the names

25:25

that were on your list, and some of them

25:27

have done more that has publicly brought

25:32

strife to the White House than others.

25:34

And I think that's probably the thing

25:35

that is animating this more. Like, I

25:38

don't know to what extent his decision

25:39

to to bid farewell to Christine Gnome.

25:42

Was it about how ICE was handling the

25:44

issue of immigration or was it how she

25:46

handled hearings and some of these

25:48

embarrassing stories about like you know

25:51

the the planes and god knows what else?

25:54

>> Um yeah

25:55

>> but so that that's sort of how I

25:56

>> honestly husband's the coolest thing

25:58

about her but go ahead.

26:00

All of which is to say I think if you

26:02

want to know like where the change would

26:04

come next I think the most important

26:06

criteria is likely who who is reflecting

26:09

well on this White House not who has you

26:12

know something that's like got the

26:14

beltway in a stir but it's not really

26:16

reflecting badly on him

26:18

>> right so it has to be who who does break

26:21

through of these cabinet members with

26:22

the voters the ones that you're polling

26:24

>> so I honestly think that if you asked

26:26

voters which member of the cabinet is

26:30

the most supportive of tariffs. I do not

26:32

think very many would be able to name

26:34

Howard Lutnik. Um so that again I'm I am

26:38

not a Trump Kremlinologist but to me it

26:41

does not seem as though there's anything

26:43

on the outside that would be driving

26:44

that in quite the same way as say cash

26:47

Patel at the FBI drinking with the

26:50

hockey team or you know any number of

26:52

cases that the FBI has been handling and

26:55

questions about the effectiveness of of

26:57

that. Um, so again, don't know which way

26:59

he would go first, but to me that seems

27:01

to be the most important variable or

27:04

most obvious.

27:05

>> Are you looking like an idiot publicly

27:06

to a wide range of people? In other

27:08

words, like a lot of people as opposed

27:10

to say the labor secretary who's just

27:12

seems naughty uh in a really bad way

27:15

kind of thing because we've had naughty

27:16

cabinet members for ever from what I can

27:20

glean and stuff. But it but it doesn't

27:21

break through with voters. more like

27:23

Cash Patel drink down in the beer is a

27:25

real bad visual for example.

27:27

>> Well, and you know how Donald Trump

27:29

feels about visuals like that. That's

27:31

really really really important. The

27:32

public image, do you look the part? Um

27:35

and if you begin to fail on those

27:37

dimensions, that's often when it's it's

27:40

time for he's looking for somebody

27:41

different.

27:42

>> So is that is that a good thing? As you

27:44

say, a shakeup isn't a bad thing, right?

27:45

It shows you're you know you know look

27:47

busy, Jesus is coming kind of thing like

27:49

that kind of thing.

27:50

>> Well, yeah. I think es especially

27:53

because of what you said about his brand

27:55

as the apprentice guy. I think the idea

27:59

that you I mean remember like think

28:00

about what he did with Doge when he

28:02

first came into office. He just went

28:03

through and slashed and burned. So we're

28:05

going to fire a whole bunch of people. I

28:06

mean that is

28:07

>> his brand

28:08

>> which which it should not just be

28:10

isolated to lower runs if you're really

28:13

going to live through uh you know live

28:15

up to it and and press through with it.

28:17

Um, it it it almost uniquely is a

28:22

probably a good thing for Trump in a way

28:24

that it might not even be for other

28:25

administrations,

28:26

>> right? No, his brand is firing. His

28:27

brand is getting rid of incompetence and

28:29

now he has he keeps them and you're

28:31

like, "Oh my god, you're keeping the

28:32

incompetence that I would agree having

28:34

watched all those shows."

28:36

>> And then the last question is for all of

28:38

this, whether it's court appointments or

28:39

cabinet appointments, what do you think

28:41

the United States Senate is likely to

28:43

look like after November? And how likely

28:46

is it that you think you will be able to

28:47

get someone confirmed through a Senate

28:49

that potentially has more Democrats in

28:51

it than it does today? I mean, those are

28:53

things that I think are probably also

28:55

weighing on the minds of the Susie Wilds

28:57

of the world who are are keeping track

28:58

of that.

28:59

>> Yeah, the incompetence might have to

29:01

stay. So, one of the things that's

29:02

interesting uh also happening is the

29:04

federal government is suing multiple

29:06

states over attempts to ban betting on

29:08

Kouchy and other platforms. Now, let's

29:10

be clear. Donald Trump's children are

29:12

part of this um or on the boards or

29:15

advisers to both Poly Market and Kelshi.

29:17

The Commodity Futures Trading Commission

29:19

is arguing that it has the sole

29:20

authority that that's what they're using

29:22

to regulate these predictions markets.

29:24

Meanwhile, Poly Market is apologizing

29:26

after users were allowed to bet on the

29:28

fate of the US pilots whose jet was

29:30

downed in Iran. Pretty losome, saying it

29:32

did not meet their integrity standards.

29:34

Incredible. Both Poly Market and Calier

29:36

are now rolling out campaigns to attract

29:38

female users framing prediction markets

29:40

as another way to be a hashgirl boss

29:42

which by the way girl boss is over kids

29:44

boys. We've been talking a lot about

29:46

these markets here on Pivot and you and

29:48

I have talked about it and so I want to

29:49

play something Scott said a few weeks

29:51

ago and get your thoughts. Let's listen.

29:52

>> The speculative markets, speculation

29:54

markets or prediction markets have

29:55

essentially put pollsters and to a

29:58

certain extent investment banking

29:59

analysts out of work because guess what?

30:01

They're much

30:01

>> kind of I I would push back on that. I

30:03

just met with a bunch of pollsters on

30:04

this topic, but go ahead.

30:05

>> In my opinion, they're done. They if you

30:07

look at if you look at if you look at

30:08

the prediction markets record versus

30:10

pollsters in the last election, the

30:13

prediction markets kicked their ass.

30:15

>> All right, Pollster, what's your

30:17

response? I I was trying to defend you

30:19

there. Um, talk about about what's

30:22

happening with them and your thoughts on

30:23

it and what you like and don't like

30:24

about them and and um just so you know,

30:27

uh there's another possible nail in the

30:29

coffin for polling. There's now

30:30

something called silicon sampling that

30:32

uses AI models to simulate simulate

30:34

survey responses, not real people. Um,

30:37

talk a little bit what's happening here

30:38

in the polling market.

30:40

>> Sure. So, I have a lot of thoughts on

30:41

both of these. First, to Scott's point,

30:43

I I do not think that prediction markets

30:45

are going to put polling out of

30:46

business. One, because 99% of what

30:50

pollsters do is not polling that tries

30:53

to track who is going to win an

30:55

election. Like I know that's the most

30:57

public thing that people see from our

30:58

industry, but 99% of it is message

31:02

testing, strategy, model building, the

31:05

sorts of things for which being within

31:08

margin of error, meaning your result is

31:11

within three points in either direction.

31:12

Like that's that's okay. That's sort of

31:14

understood.

31:14

>> Give me an example. Just make it up.

31:16

Just like you pull what?

31:18

>> So I I can tell you about the polling

31:20

we've done on I've done some polling on

31:21

prediction markets. um where you know

31:24

I'm asking to what extent are people

31:27

using them? What are they using them

31:28

for? And those are the kinds of things

31:31

that are valuable for somebody who might

31:33

be trying to decide do I invest in one

31:35

of these companies like if I'm going to

31:37

regulate them, what sort of regulatory

31:39

approach should I take? Uh it's the sort

31:42

of thing where like I'll give you an

31:43

example. In our poll, we found about

31:45

onethird of people either bet on

31:48

prediction markets, that's not a

31:49

majority of them, or like use the data

31:52

like they either they tune into it just

31:54

for entertainment purposes or what have

31:55

you. So, if my poll shows 36% of people

31:58

fall into that category, the real

32:01

number, assuming that I've done my

32:02

survey right, the real number could be a

32:04

few points off in either direction, and

32:06

that's not the end of the world. It

32:07

still means my analysis is still useful

32:10

directionally. It's telling us something

32:12

interesting about thing where things are

32:13

going. I think this focus so exclusively

32:17

on polling as a like crystal ball to

32:20

tell me if an election is going to get

32:21

won won by candidate A or candidate B

32:24

just sort of misunderstands our

32:25

industry. But the second thing is what

32:27

is causing these prediction markets to

32:30

give the predictions they are. So, think

32:32

about there was a a a man um I think he

32:34

was based in France who placed a huge

32:37

bet in the last election that Donald

32:38

Trump was going to win and afterwards,

32:41

you know, he he makes this like six

32:43

figure sum off of his bet and that's all

32:45

great. And they ask him, you know, how'd

32:47

you do it? And he said, "Oh, I

32:48

commissioned a poll." Um the polls are

32:50

still an input to what these prediction

32:54

markets are doing. In a world without

32:55

polls, your prediction market is running

32:58

on vibes and fundraising numbers, which

33:01

are fine, but polls are an extremely

33:03

they are a loadbearing pillar in what

33:06

people think about what's going to

33:07

happen in an election.

33:09

>> So So predictions would be a trailing

33:11

indicator or what how do you look at

33:12

that?

33:13

>> Yes. So I I think that in general, well,

33:15

I I think when it comes to election

33:17

results, they don't have to be a

33:19

trailing indicator, but I think that

33:21

polls are an input. There are they are

33:24

not the only input. So other things can

33:26

change, right? My poll can say that so

33:28

and so is going to win the primary in

33:29

Texas, but all of a sudden some new news

33:32

story could break that shows that Ken

33:34

Paxton or John Cornin did something, you

33:36

know, that could upend the race. Who

33:39

knows?

33:39

>> It's usually Paxton

33:40

>> and then the prediction market would be

33:42

the leading indicator ahead of when the

33:44

poll is going to capture that. Um, but

33:46

you still need the poll involved. And

33:49

that's also what I think about this

33:50

whole synthetic respondents, AI

33:53

respondents. You know, nowadays you're

33:54

seeing more people.

33:56

>> Yeah. And and there were some attempts

33:58

to do this in the 2024 election that I

34:00

think were actually less accurate than

34:02

>> Explain what people what it is. You use

34:04

AI model. Explain for people who don't

34:06

understand.

34:06

>> Yeah. So, if you've ever used one of

34:07

these models, whether it's your chat GPT

34:10

or your Claude, and you can like train

34:13

Claude or Chat GPT or whoever to kind of

34:16

learn a certain persona, imagine that

34:18

you've then trained a thousand different

34:21

personas that kind of look like a real

34:25

voter. Okay, I've trained one persona to

34:27

be a 40-year-old woman living in

34:29

Orlando, Florida, and she's a moderate

34:31

Republican. And now I've got another bot

34:33

that is trained to be a conservative

34:35

Democrat, and he lives in rural

34:38

Pennsylvania. And and then basically,

34:40

you just ask those thousand AI

34:43

personalities to tell you, are you

34:45

voting for a Republican or a Democrat?

34:47

And then you take those results and you

34:49

say, "Hey, look, I did a poll. I did a

34:50

poll of a thousand AI people who

34:54

represent real voters,

34:56

>> right?

34:57

>> Um,

34:58

>> and I just think presenting that as a

35:00

poll is disingenuous. I think you can

35:02

present it as a modeled estimate. Like I

35:05

think there's lots of things you can

35:06

present it as.

35:07

>> Do you use model that like use AI? How

35:10

do you use it in

35:11

>> post? So we the way we use AI, you can

35:13

use AI to help you know with programming

35:17

tasks. It's enormously helpful. You can

35:19

use AI to help you analyze data when it

35:22

comes back. Like the old school way of

35:24

analyzing polling data is you do a

35:26

survey and you get back cross tabs that

35:28

is this like 500page PDF with a ton of

35:31

numbers on each page and you as the

35:33

pollster are sifting through looking for

35:34

stuff that's that's meaningful. The fact

35:37

that you can feed that in and have AI

35:39

tell you, hey, here are the top 10 most

35:41

interesting things in that poll. Eight

35:43

out of 10 are going to be pretty good.

35:45

one out of the 10 will be right but not

35:47

really that important and then one will

35:49

be like completely wrong and so you

35:51

still have to as the pollster exercise

35:53

your judgment go through go through your

35:55

own data uh and know but like there are

35:58

useful applications of AI in polling but

36:00

ultimately if you think about those

36:02

synthetic personas what's training that

36:06

synthetic 40-year-old suburban mom who

36:09

lives in Orlando on how she ought to

36:12

respond a poll it's probably a poll that

36:15

was done to so all of this whether it's

36:17

prediction markets or these synthetic AI

36:21

samples all of them at their root have

36:25

real polling as an input and it's like a

36:28

game of telephone and they're just like

36:29

the next piece in the line and you can

36:32

add other useful inputs that might give

36:34

them some advantages but they're still

36:36

not a replacement for polling they are

36:39

just a different application of polling

36:41

>> so what when you say that when the

36:43

federal government is saying commodity I

36:44

think futures trading should be

36:46

regulating them. They're not regulating

36:48

them. Is it fair? Is it sort of like It

36:50

reminds me a little bit of your like

36:52

commerce people, retail people who are

36:55

offline having to fight with online.

36:57

They had distinct advantages here. They

36:59

can they can do whatever these people to

37:01

grow large. What do you imagine? How who

37:04

should be states are rushing in because

37:06

they have long long regulated gambling.

37:09

Every state does has its different

37:10

gambling laws and that's not something

37:12

the federal government ever did. So is

37:15

it like gambling from your perspective

37:16

or how should they be regulated when you

37:18

think about it given presumably you're

37:20

not that regulated but you you have a

37:22

set of standards that you're working

37:24

around. I I think the big challenge is

37:26

how do you balance the value that a

37:29

prediction market can provide to society

37:32

beyond it's just entertainment, right?

37:35

like what is the what is the value

37:37

beyond entertainment of I'm betting on

37:38

who's going to win the Super Bowl like

37:40

and so we have to decide do we think

37:41

that's an acceptable form of

37:42

entertainment but the the the promise of

37:45

prediction markets is theoretically that

37:47

you can also surface new information

37:51

about things that have not yet happened

37:53

that might be valuable for the public to

37:55

know the question is then like when does

37:58

that cross into insider trading like for

38:00

me I feel I've never bet on a prediction

38:05

market because I would feel

38:06

uncomfortable about like I come out of

38:08

the field with a survey. I then know

38:10

what's happening in the Texas primary

38:12

and therefore I can know hm I think

38:15

candidate X Y or Z is probably up and if

38:17

I really trust my data why don't I put a

38:19

couple thousand bucks on on this bet and

38:21

I just don't feel right about that. I it

38:24

something about it feels like insider

38:26

trading and I think that's where

38:28

it's and I don't know what the

38:30

>> you're just having more insight, right?

38:32

That's kind of an interesting example.

38:33

You have some in is that insider or is

38:35

that was your own data?

38:37

>> I I don't I think you're right that

38:39

that's not insider trading in the way

38:40

that but it is like it is non-public

38:42

information that I would be using to

38:45

benefit. It's not the same as being an

38:48

insider at a company where there are

38:50

very specialized strict rules around

38:52

that. But I think it's that that

38:54

muddying of the waters, right? And so

38:56

you've been seeing this too with some of

38:58

these markets that have had bets around

39:01

things like will the United States do

39:03

military operation X and all of the

39:05

sudden right before it happens, you see

39:08

somebody bets like $300,000 sitting next

39:11

to Trump in the White House and they

39:12

just heard it, right?

39:13

>> And like and so I do think that that

39:15

that's that raises some real questions.

39:17

If we're going to have rules around

39:18

insider trading, when does that start to

39:20

bleed over into what is or is not

39:22

allowable conduct in terms of prediction

39:25

markets?

39:26

>> Have they hurt themselves? You know, but

39:27

sometimes it's not insider. Like, it

39:30

sounds crazy, but when Warner Brothers

39:31

was $7 and that all the bidding started,

39:34

I'm like, these rich people will pay

39:36

anything. And so, I bought 10 shares cuz

39:38

I was like, and it was only 10 cuz I was

39:40

like, I think they're dumb, stupid

39:41

money, so they're going to overpay. And

39:44

I just and I took myself out for a nice

39:46

dinner because I was right. And that was

39:48

information I had, but anyone could have

39:50

figured it out. Dumb, stupid money, for

39:52

example. And thank you for the dinner,

39:54

Allison's. I appreciate it. When you

39:56

have these things doing this, when

39:57

they're putting in this sort of they

40:00

kind of fud muddy the line. There's also

40:02

these betting on heinous things, right,

40:05

which makes it feel like gambling. And

40:07

then attracting female users is a

40:10

problem. They've got a bad reputation

40:12

from the get-go, including attracting

40:14

the attention of regulators, right? Like

40:16

in terms of their bad behaviors. Yeah.

40:18

So, when when I look at the polling I've

40:20

done on this, and again, in disclosure,

40:22

I did polling uh for um an organiz It's

40:25

all it's all publicly available, but

40:26

sort of an entity that like I think

40:28

invests in uh some of these prediction

40:31

markets. And in general, just a lot of

40:34

people don't know that much about them.

40:35

like they're pretty split on whether

40:37

it's good or bad, but everybody's got an

40:40

attit an an attitude about it. Everybody

40:41

has like an opinion of some sort. But

40:44

when we ask about prediction markets,

40:45

like half of Americans have no idea how

40:48

they feel about it. Um, most have not

40:50

heard anything in the news about a

40:52

prediction market in the last 12 months.

40:54

So, there is a real risk and real

40:56

opportunity for that industry. And it's

40:58

why they're trying to get out ahead of

40:59

it and say, "Hey, right now, like in my

41:01

data, it showed it too. if it's if you

41:03

are male, if you are under the age of

41:05

50, if you are higher educated, higher

41:07

income, like you are the most likely to

41:08

know about prediction markets and be

41:10

interested in them and think they're a

41:11

good thing. Um, and so they're trying to

41:14

say, okay, we've got to tell our story

41:17

or someone else is going to tell our

41:18

story. And that's why you're seeing

41:20

efforts to try to expand beyond.

41:23

>> So they've got an opportunity despite

41:24

all the bad the bad press. But it seems

41:26

like the bad press keeps piling on this

41:29

US pilots jet thing. I thought, "Oh my

41:31

god, I think

41:32

>> this is the for, you know, for any for a

41:35

platform that has control over what

41:38

markets can be made and and not made,

41:40

you know, having that judgment of what

41:43

where's the upside? is is the upside in

41:46

ma max maximizing the sorts of things

41:48

people can bet on and not restricting it

41:50

too tightly knowing that we're going to

41:52

have a couple of these that are like

41:55

cringe cringeworthy versus more tightly

41:57

regulating it sort of playing it safer

42:00

>> you have higher upside in terms of your

42:02

favorability but

42:04

>> you then as a platform are in that role

42:07

that you will recall the social media

42:08

companies did not want to be in when it

42:10

came to like deciding where's the

42:11

boundaries of political speech How do

42:14

you decide what constitutes a market

42:17

that is out of bounds? Like you don't

42:19

want to be business

42:20

>> did better by looking safer, right? Like

42:23

right now from the polling, do you think

42:25

that doing what anything goes is a

42:27

particularly good way to do it?

42:30

>> No. And I I think there there is a

42:31

significant difference between people's

42:34

comfort level with prediction markets as

42:36

a sort of adjacent to the sorts of

42:41

betting and chance things that they

42:44

know. But it's it's slightly better than

42:46

just chance because you can use your own

42:48

judgment to say, "Okay, I think X, Y,

42:49

and Z is going to happen." You can use

42:51

your own smarts toward it accordingly. I

42:53

think that's why it could have a

42:55

slightly better it it could wind up with

42:58

people liking it more than they like

43:00

something like sports betting where

43:01

you're just like I hope this team wins.

43:02

I like them. Um but there are real

43:05

downsides if you have people creating

43:07

these horrible or unsavory markets where

43:09

it feels like you've just turned

43:10

something very serious

43:13

into fighting.

43:15

>> That's what it feels like for like in a

43:16

fighting mode. Like I don't mind a

43:19

little bit of a boxing match, but I

43:21

don't really want to watch animals rip

43:23

each other apart, right? Either like

43:25

some people do, but it sort of feels it

43:27

has that sort of stink to it. Um, let me

43:30

last question. You know, Scott is

43:32

absolutely saying your your business is

43:33

finished. Um, you're out of work because

43:36

of them. How give one more answer to

43:38

Scott Galley, please. the political

43:40

polling industry is going to be fine

43:43

because when we are in moments of deep

43:46

uncertainty,

43:48

that is the moment when people,

43:50

companies, trade associations, you name

43:53

it, people are the most hungry to know

43:55

what the heck is everybody thinking,

43:58

where is this all headed? And with the

44:00

understanding that polling is not the

44:01

only or perfect way to get a read on

44:04

that, but is a as I described it like a

44:06

loadbearing pillar. It's a really

44:08

important input. I mean, when the world

44:11

is in a moment of turmoil or dramatic

44:15

change, that is when people want this

44:17

data more than ever. And where something

44:20

that is

44:21

>> trained on polling data, but kind of off

44:24

and not quite there

44:26

>> is not going to be

44:29

as as much as real polling is imperfect,

44:31

it's still the real thing.

44:32

>> Yeah. I always am like I always Scott,

44:34

I'm always like, "What's in there? Who's

44:35

doing it? Who's doing the bedding? I

44:37

don't know who they are, right? Like it

44:38

could be a bunch of It probably is a

44:40

bunch of white bro millennials. That's

44:42

who and I don't that's their opinion,

44:44

not everybody's opinion. That's my

44:46

thing. And especially if there's not a

44:47

lot of women in there, there's not a lot

44:49

of different economic groups. You don't

44:52

get a really particularly good sample.

44:54

That's my feeling. When when we get

44:55

closer to the election, the safest and

44:57

healthiest way to consume polling data

45:00

is just take it and throw it in the

45:01

average. Don't panic about anyone

45:04

individual poll. Everything's going to

45:06

be all right. No, thank you.

45:08

>> Well, I don't know about the last part.

45:09

>> I don't know about the last part.

45:10

Anyway, uh you you crazy bastards. You

45:14

know, like I say, every accusation is a

45:16

confession. Uh anyway, uh let's go on a

45:19

quick break. When we come back, Open AI

45:21

gets into podcasts.

45:23

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46:23

Christian, we're back with more news.

46:24

You just sort of talked about this, the

46:26

idea of where you get your narrative and

46:28

information from. It has to be good and

46:30

wide. So, OpenA has acquired the tech

46:32

news podcast TBPN. The online talk show

46:35

focuses by the minute analysis of tech

46:37

news and interviews with top tech

46:38

leaders. TPBN averages 70,000 viewers

46:41

per episode across everything. And let

46:43

me just say they are tiny compared to

46:46

Pivot and other things. Tiny, tiny,

46:48

tiny. That said, it's become popular

46:50

among a certain group of Silicon Valley

46:51

power players who go on it because they

46:53

want to be licked up and down all day.

46:55

Um, oh, I'm sorry, boys. Is that Did I

46:57

say that too wrong? Okay. Sometimes

46:58

you're spiky and fun, but really it's

47:01

pretty much a up to me PR. Um, OpenAI

47:04

says the show will stay editorially

47:05

independent, which we do not believe.

47:07

Um, talk about this idea of buying

47:09

narratives when you when you're thinking

47:10

about it because, you know, a lot of

47:12

people want to, you know, you do polling

47:14

so you have better narratives and craft

47:16

messages. That's one of the things you

47:18

do for people is tell them how to craft

47:20

their messages. talk a little bit about

47:22

this effort and you know that's in the

47:24

backdrop of um of many company many tech

47:27

companies trying to buy into uh into uh

47:30

various things like Paramount etc. So

47:34

what this reminds me of is there's

47:36

actually a a piece out in today's which

47:38

I guess the day we're taping this uh New

47:40

York Times David Pluff who I think is

47:43

very like still one of the smartest

47:45

minds on the Democratic

47:46

>> love this piece please. Uh it was it was

47:48

yeah this piece is essentially saying

47:50

that everything is content creation now

47:53

that if you are running for office,

47:55

>> if you are engaged in politics, the most

47:58

important thing you need to be doing is

48:00

creating content. That if you are

48:02

relying on anybody else to get your

48:04

message out but you, you are foolish. um

48:06

and that you need to essentially have a

48:09

studio within your campaign headquarters

48:11

where you are just non-stop producing

48:13

content because everything now is is

48:15

that uh I think that's really smart. Um

48:18

you know I think about that in terms of

48:20

like look at the media properties in the

48:22

political space that are really like

48:24

thriving and doing exciting stuff now

48:26

the like the pucks and the punch bowls

48:28

and all of that. I mean they're very

48:29

focused on like we are constantly

48:30

creating content. We're finding a

48:32

million new channels to do it. Sometimes

48:34

it's in person events, sometimes it's

48:35

digital, but it it is a like always on

48:38

kind of approach. And I think companies

48:41

realizing this uh is probably smart.

48:45

Although there's a there's a a flip side

48:48

to this, which is,

48:49

>> you know, we've we've been going through

48:51

a moment in the last few years where it

48:52

feels like, you know, everybody

48:54

everybody's got a new podcast, Cara. You

48:56

know, everybody's like, "Ah, I'm going

48:57

to create content. If you build it, they

48:59

will come." And that's not true at all.

49:01

Lots of people can build podcasts that

49:03

or you know create content that sort of

49:06

goes out into the ether to die. Yeah.

49:08

And especially if it doesn't feel

49:10

authentic, if it feels driven by a

49:12

corporate narrative, it it starts to

49:14

lose some of what might make content

49:18

>> great otherwise. So like I imagine there

49:19

are a bunch of candidates who could take

49:21

pluff at at his word and start doing

49:22

what he says and would produce terrible

49:24

content.

49:25

>> Yes. Good and genuine. Yeah, you're

49:27

right 100%. Yeah. So he that was a

49:29

really interesting piece and I really I

49:30

like David and it was absolutely true.

49:32

Although it's kind of like no

49:34

Sherlock. I was like what? You're

49:35

kidding. The content's important.

49:37

>> No, but see you you and I think like oh

49:39

yeah no kidding. But it it is truly this

49:42

idea that politics is now about being

49:45

always on media messaging non-stop. That

49:48

is actually something that is

49:50

>> not which is important to a lot of

49:52

people. Trump has proven that for many

49:54

years. Obviously, now it's getting the

49:56

the show's getting a little old in the

49:58

tooth right now and kind of crazy, but

50:00

that's all right. It's a little like

50:01

network at the very end. Um, when Howard

50:04

had some problems. Um, but you know, you

50:06

see AOC did it from the get-go, was very

50:09

genuine to herself and she's obviously

50:11

talking her own book, but it's very

50:13

effective. Same thing with Mom Donnie

50:14

who's been very good and he's continuing

50:16

to govern that way. If you notice all

50:18

his really interesting and they're good,

50:21

they're good. They're fun and they're

50:22

they're creative. Um you don't have to

50:24

agree with them to not say, "Wow, look

50:26

at that. That's really well done." Um

50:28

especially during snowstorm, he did a

50:30

couple of good ones that were just sort

50:31

of it wasn't political. It was just

50:32

here's how we're doing it and they were

50:34

funny and quirky. His whole thing, there

50:36

was one he did the smile where he has

50:38

that weird smile and they made his whole

50:40

staff made fun of his smile and I

50:42

thought that was it was based on the

50:43

movie Smile which was a horror movie

50:45

which was funny. It's just he's very on

50:47

top of things and so are a lot of by the

50:49

way Republicans. Some Republicans do a

50:52

good job at it. Not not as many, but

50:53

Trump certainly absolutely for many

50:56

years has done a really good job. I

50:58

think the problem with these things is

51:00

people don't realize tech has tried this

51:02

a dozen times. Many years ago, Yahoo

51:04

tried to do a news product and that

51:06

didn't work because they weren't doing

51:07

any original reporting or anything else.

51:09

They were just mouththing stuff. Um, uh,

51:12

Andre Hordes famously had a blog and

51:15

called me and said they were going to

51:16

beat me at my own game. And I'm like,

51:17

good luck. First of all, media

51:19

is hard and it doesn't make money.

51:20

Sorry. Like you're you're entering a

51:22

really like like what are you doing? And

51:24

it well didn't work. They've tried a

51:26

number of times that that particular

51:28

group and you know it's always sort of

51:30

failed. AOL did it a little bit like

51:32

around the edges tried to you know to

51:35

create some and it just doesn't happen.

51:37

So I think one of the things is I get

51:39

that you feel more comfortable in these

51:42

settings where people are a little bit

51:44

like your giant brain is so smart. Tell

51:47

me how that works. And I think that has

51:48

value by the way you know it's startup

51:51

people are always interested in how did

51:53

I do that right how did you do that and

51:55

they don't want any push back they just

51:57

want to hear your techniques whatever

51:59

even if it's PR but eventually it's not

52:01

truthful right of like the real

52:03

struggles companies have and when you

52:05

have a little friction with a reporter

52:07

it does create really interesting

52:08

conversations and the only person I

52:11

would look to would be Apple Steve Jobs

52:13

he kept coming back to be interviewed by

52:14

me even though I know I irritated him

52:17

right? Because it was an interesting

52:18

conversation and it would help him. It

52:20

clarified things. Um, we were fair with

52:24

him at the same time. I don't think we

52:25

ever pulled any ridiculous, stupid,

52:27

snarky moves. Um, but in a lot of ways,

52:30

I feel responsible for this kind of

52:32

nonsense because they just don't want to

52:34

talk to anyone they consider difficult

52:36

and would prefer to be. And I don't

52:37

think that is the best outcome

52:39

editorially. I just don't I just don't

52:41

think it becomes I think there'll be a

52:43

backlash and they'll start talking to

52:45

actual reporters that are fair. That's

52:47

my feeling, but I don't know. Maybe I'm

52:50

open. I don't really want to talk to

52:51

them anymore anyway. So, it doesn't

52:53

matter in some level, but I don't know.

52:56

We'll see. It's a small amount of money

52:57

to pay for possible good PR in a new

53:00

fresh way.

53:01

>> Is it a small amount of money? I feel

53:02

like the reporting was that it was not a

53:04

small amount of money. Yeah, but for

53:05

them it's a small amount of money and

53:07

they've said that essentially on the

53:08

show is like that was a lot of money.

53:10

We're taking it and running and that

53:12

will be the end of it I suspect. But

53:14

it's glad it's glad they have people

53:15

telling them they're great. That's

53:16

really good because they need that

53:17

because you know money doesn't seem to

53:19

make them happy.

53:20

>> Um in any case, we'll see. Do you see a

53:22

lot of Are you impressed by a lot of

53:24

political um outfits? Give me give me

53:27

things that you think are have done it

53:28

well in the political space.

53:30

>> I will cross party.

53:32

>> Well, yeah. So, I'll I'll cross party

53:34

lines and say that I I think that AOC is

53:38

somebody who an example that I always

53:41

give um of something that she did that

53:43

has just like lodged in my brain and I

53:46

wish every politician would understand

53:47

that this is the way the world works is

53:50

she appeared on um a skincare

53:53

influencers platform. This was like two

53:56

or three years ago. This wasn't this

53:57

isn't terribly recent, but she went on

53:59

to talk about uh sunscreen regulation.

54:02

Like right now, if you try to buy

54:04

sunscreen in the US, there are

54:05

sunscreens that are better elsewhere in

54:07

the world, but you cannot get them here.

54:08

They're not FDA approved. Um they're not

54:10

dangerous. Everything's fine with them.

54:12

They just for whatever reason, you can't

54:13

get them here. And so she went on this

54:15

skincare influencer show to talk a

54:17

little bit about that specific issue.

54:18

And like, isn't it crazy that you can't

54:20

get these good sunscreens here? which is

54:22

not an issue that is obviously right

54:24

left coded or if anything it's almost

54:26

more rightcoded. It's like hey the

54:28

government is regulating away your right

54:30

to have this really good sunscreen. Um

54:32

but she went somewhere where people who

54:34

are not necessarily going to tune in and

54:36

watch her on MSNBC or MS now whatever

54:40

we're calling it. Um you know that

54:41

that's not the audience she's going

54:43

after. She's going after people who

54:44

might be much more loosely attached to

54:46

the political process, but she's getting

54:48

herself in front of them on an issue

54:50

that they care about with some

54:51

credibility and that opens the door then

54:54

to say, "Hey, come follow me." Like, you

54:56

may not follow members of Congress

54:58

because that may seem lame and horrible,

54:59

but I am not as lame and horrible as the

55:01

rest of them, so please follow me. And

55:03

you build that audience. And I think

55:05

most politicians if you were like go on

55:08

a skincare influ I mean they're you

55:11

wouldn't want that for most of them but

55:12

just whatever the equivalent of that is

55:15

like you want to talk about emissions

55:16

regulations like go on a car podcast I

55:20

just I think that most people in

55:22

Washington are not thinking in that gear

55:26

and that is where the future is going to

55:28

be won. It's not

55:29

>> and also corporations too participating.

55:31

I think Wendy's does a good job. I think

55:33

King Arthur Baking, you can you can name

55:34

a dozen of them. Sometimes they can spin

55:37

out of control, but often it's a really

55:39

interesting

55:40

>> uh way to sort of genuinely explain

55:43

yourself to people in a as long as it's

55:45

not cringe, right? In some fashion over

55:48

advertising.

55:49

>> I 100% I I mean, if you're not out

55:51

there, if you're not telling your story,

55:53

someone else is. So, it's important to

55:55

go out there. It's important to be in

55:57

places where it's not just it's

56:01

important to be in I think nonobvious

56:03

places, but I also like the tension is

56:06

then you don't want to do stuff that's

56:07

forced and feels cringeworthy. Um but

56:09

just letting letting the other side own

56:12

the airspace or letting your opponents

56:14

own the airspace is is not really as

56:16

much of a viable option. Yeah. very

56:18

quickly. Um, obviously banks and

56:19

advisers working on the SpaceX IPO

56:21

dealer being required to buy

56:22

subscriptions to Grock Musk's terrible

56:25

AI chatbot. Um, they they're going to do

56:27

it anyway because they'll do anything it

56:29

takes. They'll take sure we'll buy your

56:30

shitty product for if you'll give us the

56:32

banks. Um, he's also asked them to

56:34

advertise on X was less insistent on

56:36

that request. Obviously, they're going

56:38

to all do it. Uh, that I'm not surprised

56:40

by. But I'm just curious, have you done

56:41

any polling on Elon now post, you know,

56:43

he's now going to be very wealthy again.

56:45

once again more wealthy than he was

56:47

before. How where is his polling? Have

56:49

you done much on on where he sits

56:52

because he's about to enter the

56:53

political spectrum again quite

56:55

significantly it looks like. I mean, I

56:57

still think that he has residual

56:59

favorability from Republicans who I

57:02

think have by and large forgotten his

57:05

well I was going to say the very big

57:07

public falling out that he had with

57:09

Trump that got very ugly very uh

57:13

quickly. Um that that all but seems to

57:16

have been kind of memory hold at this

57:18

point. Um but but there is still that

57:21

lingering negativity from Democrats. It

57:24

may not be as acute. I mean, I I have

57:25

not heard reports of like protests

57:27

outside Tesla dealerships in the way

57:29

that you had about a year ago. So, it

57:30

feels like the temperature has turned

57:32

down, but it is not as though anybody

57:34

has like converted back to liking him or

57:37

not liking him. Wherever you were a year

57:39

ago, you're probably still in about the

57:40

same place. So, when when you're a

57:43

Republican getting money from him, it's

57:45

worth it. Correct. Now, or is it a bad

57:47

thing? Because he lost in Wisconsin. He

57:49

lost a lot of his presence tends to

57:53

be a problem for some people. I think he

57:56

is not as much of a potent lightning rod

57:59

as he was a year ago when we were in the

58:02

midst of Doge being in the news every

58:06

single day, some new agency getting shut

58:08

down or somebody getting fired or or

58:10

something happening that was causing

58:12

>> causing some stir. you know, him showing

58:14

up in the White House, him in the White

58:16

House with one of his kids, you know,

58:17

like those we're that's not happening

58:18

anymore. And so I think him having less

58:21

him be he is less of a lightning rod

58:23

today than he was a year ago. So I I

58:26

think that would probably lessen any,

58:28

you know, downside to having him, but he

58:32

shouldn't act up again. Correct. Create

58:34

a

58:35

>> as last time I was on your show, I said

58:37

like less chainsaw, more Mars. And I

58:39

stick to it. I think to the extent that

58:41

he has spent the last year doing less

58:42

chainsaw and more Mars, I don't think

58:44

that it's necessarily won back anybody

58:46

from the left,

58:47

>> but I do think that the temperature has

58:48

been turned down around him to where

58:50

he's a little less

58:51

>> more Mars. That's what you got to do.

58:53

Build your rockets, I've said

58:55

that over and I think you were

58:56

absolutely right back then. All right,

58:58

Kristen, one more quick break. We'll be

58:59

back for wins and fails.

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That's joined me.com/pivot

60:15

code pivot. Okay, Kristen, let's hear

60:18

some wins and fails. You go first. All

60:20

right. Well, we're going to talk space.

60:21

Um, and this is a mine is a win and a

60:23

fail combined. A win is that as you and

60:26

I are recording probably right about uh

60:28

now, Americans are flying around the

60:31

backside of the moon. That feels like

60:32

the biggest possible win. The fact that

60:35

these that the rocket took off and it

60:37

was fine and it wound up working is

60:38

unbelievable. But the fail is the

60:41

toilets do not seem to be staying in

60:44

operation on this. This is a subject of

60:47

great interest to my daughters. Uh they

60:49

are they are like really really really

60:52

trying to keep up on the what is the

60:53

status of

60:54

>> the toilets on this uh Artemis. I think

60:57

Orion might actually be the name of like

60:59

the part that they are in. But uh so

61:02

it's both a win and a fail.

61:03

>> I think NASA has shined itself up a

61:05

little bit. It's always it's been sucked

61:06

away by Bezos and Musk, but I think NASA

61:09

feels kind of cool. I think their social

61:10

media is excellent. I think Victor

61:13

Victor the pilot is such a hunk like

61:15

like all of them are are and and all the

61:18

the whole team are amazing. I think

61:20

>> they have a great inspirational message.

61:23

I mean just every time you hear them

61:24

talk and it doesn't feel like hyper

61:26

media trained either. Again to what we

61:27

were talking about earlier with like it

61:29

just feels like you found genuinely

61:30

incredible people and are sending them

61:32

to do an incredible thing on behalf of

61:34

humanity.

61:34

>> Yeah, I agree. I think they they just

61:36

are doing flawless speaking of social

61:38

media. Flawless social media. I I

61:40

haven't seen one thing that I' The

61:41

pictures are beautiful. The the the

61:44

enthusiasm again, it doesn't feel cooked

61:46

in some fashion. The fail is the

61:48

continued sort of um

61:52

I know you, like you said, I'm not

61:54

clutching my pearls, but come on. I

61:55

think people are sick of this and I

61:57

think there's going to be a significant

61:58

backlash to politicians that look, I

62:01

think there's a real opportunity for

62:03

people to be funny and nice and, you

62:05

know, sort of more open-minded rather

62:08

than dunking dunking dunking. I I just

62:09

have this I think what Trump is doing is

62:12

is a step too far. And he I can't even

62:14

believe I'm saying that cuz I I'm never

62:16

that person who goes, "Oh, you're

62:18

kidding. Can you believe what he said?"

62:19

I always believe what he says cuz I

62:21

think he's like that. Um but I do think

62:23

people are tiring of it. And I think

62:25

even though they're sloughing it off,

62:27

they're not sloughing it there. You

62:28

know, gh that's him. I think there's

62:30

more. It's like I'm tired of hearing

62:32

this now. And I think there's a real

62:33

opportunity for politicians to make

62:36

people feel better. like I know in

62:38

political life in general and not but

62:40

and also not um do it in a stupid way

62:44

where you just pretend it's not

62:45

happening like that kind of thing. So I

62:47

do think that's been a real fail and I

62:49

do think it's pro it's a bigger problem

62:51

than people think. That's one. My win is

62:53

the Netflix documentary Dynasty the

62:55

Murdoch. Um it's about the Murdoch

62:57

Empire. I found out stuff about Ruben

63:00

Murdoch that was fascinating. I thought

63:01

it was incredibly Liz Garbas directed

63:03

it. I thought it was a terrific

63:05

documentary. I learned a lot about this

63:07

very I thought it was very fair to the

63:09

family at the same time. Um sad to

63:13

watch, you know, this kind of fall apart

63:15

and I'm endlessly fascinated by Rupert

63:17

Murdoch, but and you know, he's getting

63:19

he's getting on in years and everything,

63:21

but I do think it was a really

63:22

interesting documentary. Um and not just

63:25

cuz I'm it although I think I'm

63:26

spectacular in it. No, I'm kidding. No,

63:28

the people who are mostly who've done

63:30

all the reporting at the times um did an

63:32

amazing job and so I recommend it. I

63:34

recommend watching it. It's he's he's a

63:37

unique political figure as you know, but

63:39

I learned a lot from the documentary. I

63:41

Have you seen it?

63:42

>> I have not.

63:43

>> I will say the last movie that I watched

63:45

that referenced Rubert Murdoch was I

63:47

rewatched The Devil Wears Prada from

63:49

2006 in preparation for, you know, the

63:53

the rebirth, the two too devil, too

63:55

furious that's coming up. Uh, and he he

63:58

is mentioned there's a there's a scene

64:00

where uh it's it's when Meyer Street's

64:03

character Miranda Priestley is sort of

64:06

her her husband is divorcing her and she

64:09

says like Rupert Murdoch should cut me a

64:11

check for all the papers that I've sold

64:13

for him like assuming that like she

64:15

fuels you know all these gossip gossip

64:17

rag headlines and so any I haven't seen

64:19

the movie you were talking about but I

64:20

did see Devil War's product.

64:21

>> Yeah, it's it's a sing it's a series a

64:24

couple of episodes. It's really good.

64:25

Uh, I I shouldn't say this, but I'm I'm

64:27

in the Devil's Produ

64:30

just briefly.

64:32

>> Shh.

64:33

>> Oh, tell.

64:35

>> Yeah, it's like I'm sure it's blinking.

64:37

You'll see it, but uh they did a lot of

64:39

uh it was reported already and it the

64:41

reports were true.

64:42

>> I'm I don't know if they've cut me, but

64:44

I I'm there. I get to play myself a lot,

64:46

Kristen, besides uh in uh on billboards

64:49

in Times Square. Uh but I actually, for

64:51

some reason, I'm the go-to person now.

64:53

If they have AI in the plot, they bring

64:55

in carousel. It's like Wolf Blitzer.

64:57

>> So, there is I have I have one funny

64:59

story about this. Um, you know that

65:00

movie Edge of Tomorrow or it used to be

65:02

called like or like Lived, Die I Repeat

65:03

is what they rebranded. I'm obsessed

65:05

with this movie.

65:06

>> Blunt and Tom Cruz. Fantastic movie.

65:08

>> At the beginning there's a scene where

65:09

it's Jake Tapper interviewing and it's a

65:12

panel where it's like Olivier Knox from

65:15

>> I think he was at the post at that time.

65:17

Um, Kiki Mlan, Democratic strategist,

65:20

and then Tom Cruz is in the middle. But

65:22

like that scene never happened. They

65:24

edited him in and they edited Tom Cruz

65:26

on top of Ross Stout.

65:28

>> Ah, perfect. I like it. I'm there for

65:31

it.

65:32

>> So, cuz I was I was watching the movie

65:34

and I was like, was like, who is the

65:36

Republican that was on set that day that

65:38

got edited out to be Tom Cruz? Was it

65:40

me? I don't think so.

65:42

>> Oh, yeah. That would be harder. Wow.

65:44

Okay. Good to know. I love that movie.

65:47

Anyway, we want to hear from you. Send

65:49

us your questions about business, tech,

65:50

or whatever's on your mind. and go to

65:51

nymag.com/pivot to submit a question for

65:54

this show or call 855-51 pivot. Okay,

65:57

that's the show. Again, thank you for

65:59

joining me today, Kristen. Everyone

66:00

should watch her bowling. She also

66:02

appears on in on CNN and she's does

66:05

wonderful stories in the pieces in the

66:07

New York Times which I learn a lot from

66:09

just she lets the voters speak and

66:12

actually it's really interesting to hear

66:14

them because it's a little more um

66:16

complex and that's why it's great and

66:17

that's important to understand the

66:19

complexity of all this. Anyway, uh,

66:21

thanks for listening to Pivot. Be sure

66:22

to like and subscribe to our YouTube

66:24

channel. We'll be back on Friday. Thank

66:26

you, Kristen. Thank you, Karen. Thanks

66:28

for listening to Pivot from New York

66:30

Magazine and Vox Media. You can

66:31

subscribe to the magazine at

66:33

nymag.com/pod.

66:35

We'll be back later this week for

66:36

another breakdown of all things tech and

66:39

business. Sam Alman, Pivot's not for

66:41

sale. Sorry, so sorry.

Interactive Summary

This episode of Pivot features Cara Swisher and guest co-host Kristen Soltis Anderson, a pollster and co-founder of Echelon Insights. They discuss Donald Trump's recent threats toward Iran, his historically low approval ratings on the economy, and a growing sense of bleakness among Gen Z voters. The conversation also covers the potential for a 'targeted churn' in Trump's cabinet, the rise of prediction markets versus traditional polling, the impact of AI-generated 'silicon sampling' in surveys, and OpenAI's recent acquisition of a tech news podcast.

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