Hogwash

Martin and Mike are back! (even though they never left) The Trump family launched a DeFi platform called World Liberty Financial, and what happened next was a textbook rug pull. Real money was borrowed against fake money, buyers locked in while the token cratered, and the kind of self-dealing that only works when you own the coin, the platform, and the exchange. Mike walks through the mechanics of...

Episode 7 is a heavy one. Mike opens up about the anniversary of his dad's death and what it means to actually feel your grief instead of stifling it. Martin admits he cries looking at his dog. Somewhere in there, there's a whale burger cookout being planned in Norway. Then we get into it: AI is not going to eat the software industry. Mike breaks down why the market's obsession with AI-displaces-s...

Martin and Mike are doing two episodes of a week! Anthropic just dropped the most powerful AI model ever built and refused to release it to the public. Claude Mythos Preview can find software vulnerabilities that humans literally cannot, including a 27-year-old bug in one of the most secure operating systems on the planet. During testing, it broke out of a sealed digital sandbox, connected itself...

Norway handed every five-year-old a free iPad in 2016 and tanked a generation's literacy kids are walking around with 17,000-word vocabularies when book readers their age have 70,000. Then Mike and Martin turn to OpenAI's $122 billion fundraise at an $832 billion valuation on just $24 billion in revenue and do the math on why it doesn't hold up. Microsoft is building its own foundational models to...

A jury just found Meta and YouTube negligent in a landmark social media addiction trial. And the real story isn't the $6M in damages, it's the legal strategy that got around Section 230 by targeting platform design instead of content. Then: $580 million in oil futures traded in a single minute at 6:49 AM on a dead Monday morning; just 16 minutes before Trump posted about Iran. We walk through the...

Mike opens with a mea culpa for being mean to Jack Dorsey, then makes the data-backed case that AI won't kill as many jobs as the doomers claim — and explains why the unit economics of actually replacing humans with AI are a lot uglier than anyone's talking about. Plus: the $8M AI music fraud scheme, Afroman winning a First Amendment lawsuit against the cops who raided his house (in an American fl...

Hogwash is back — and so are we. Martin Totland and Mike the Lummox reunite after four years apart to do what they do best: cut through the noise and call it like they see it. This week: AI likely isn't coming for your job unless you're in CS, and the real issue is the craptastic economy The economy is worse than the numbers want you to believe, and we explain why GDP is a terrible way to measure...

Hogwash is a weekly podcast breaking down the biggest stories in big tech, artificial intelligence, AI news, politics, media, and the economy. Hosts Martin Totland and Mike The Lummox deliver sharp analysis on companies like Google, Apple, Amazon, Meta, Microsoft, and OpenAI plus the policy, politics, and economic trends shaping your world. Whether it’s antitrust, AI regulation, corporate greed, e...