Big Tech

You are not.

You are in a socialist society, but it's a backward socialism where they take all the money from you, and they funnel it upwards to big pharma, the military industrial complex, Wall Street, and the weapons manufacturers and, and big tech.

And d- you don't think you're paying for data centers? You're paying for data centers.

You're paying for it.

Okay, I think, did I miss anything there or do I have it? Oh yeah, I did miss a couple of things.

Big Tech has some $300 billion of off-balance sheet guarantees this year alone that they have made to finance data center construction.

Now keep in mind, these off-balance sheet guarantees, this is some form of debt that Big Tech has taken out that they are using to pay for these data centers, but that debt is hidden from their investors they don't report it because they set up shell companies and those shell companies borrow the money they own the shell company but for whatever reason this is legal net mind you for whatever reason they don't have to report the debt that those companies they own is taking out it's like if if i started jack holdco llc and i own it and then that llc took out a second third and fourth mortgage on my house but then i go to borrow money from the bank and i don't report the debt of jack holdco llc that is totally legal apparently well no that would be fraud if i did it but when google does it we call it a special purpose vehicle and suddenly it's legal By the way, Morgan Stanley is not stopping at that $300 billion number from the Financial Times article.

Oh, no, silly rabbit.

Morgan Stanley is saying $3.1 trillion with a T somewhere Dr.

Diversification is an illusion.

Just remember, nobody saw this coming.

Meanwhile, big tech's $300 billion AI guarantees raise hidden risk for investors.

So how did we get here, where children are guinea pigs being forced to use highly powerful, untested technologies starting in kindergarten? just pawns in a massive global experiment.

Today, I'm bringing you Natasha Singer, who's a journalist and author of a new book called Coding Kids, Big Tech's Battle to Remake Public Schools.

Natasha has been deeply covering the tech industry influence in schools for the New York Times for more than a decade, and she's here to educate us parents and provide a little hope, I promise.

Let's get into it.

If the tech industry is pushing for a subject, then it's going to be shaped according to tech industry values and visions.

And I don't think it's some like underhanded plot.

I think if you are a big tech company, you believe that tech is innovation and the way of the future and you want kids to be excited about innovation.

And so, you know, one of the examples I give in the book is that Google launched this platform called Be Internet Awesome.

We have several things.

I got Karl Rove and his angst towards Beau French.

Big techs, the new big techs.

We got a strong mayor.

Do we want a strong mayor for Dallas? But some of the big stories of today...

I mean, we just got,

we just, I mean, along these lines, we just talked to Natasha Singer, who just came out with a book last week called Coding Kids about like how big tech is trying to take over public schools.

Yeah.

I know you're going to push back against the details of some of this, of this ban, whether it's going to work or not.

I don't know what your critique is, but I will say that the big tech goal is to get kids on screens all the time, right? Yeah.

Or at least to be interacting with technology.

Maybe they're not going to be screen-based, but maybe they'll be glasses-based.

They'll be like, you know what I mean? Maybe it'll be even creepier.

Today is Monday, September 21st, 2026.

Big Tech just put a three hundred billion dollar floor under AI debt.

The ten-year treasury finished Friday at essentially five percent.

Big Tech is guaranteeing the future value of AI assets to unlock hundreds of billions of dollars of financing.

And Canada just assembled a fifty billion Canadian dollar institutional infrastructure framework.

Apparently, the cloud has discovered structured finance.

When the collateral depreciates quickly, find somebody credible enough to guarantee what it will still be worth.

The central capital allocation story today is the rapid financialization of artificial intelligence infrastructure.

Apple and Google have each posted senior positions that signal a deepening push into stablecoins and tokenized finance.

Let's break down what these job listings reveal about Big Tech's digital asset ambitions.

Right, so Apple posted a role on August 26th for an Apple Pay financial product strategy lead on the Apple Card and Apple Cash team.

This is a US-based position requiring a minimum of six years experience with a salary range of $149,700 to $280,000.

It's about capability building and positioning for the tokenized economy.

These moves

underscore how seriously big tech is taking the tokenized finance space, and we'll be watching closely to see how these hires translate into product announcements or partnerships down the line.

That brings today's show to an end.

Rand, thank you so much for joining me today.

I want to dive right into these topics surrounding big tech, censorship, defamation, AI.

First thing I want to bring up is I've got this post from X that you put up recently, and it covers what has happened to me with Google, which most listeners right now are already familiar with.

But the very abbreviated version is for the past two years, different AI products by Google have just been defaming me on a consistent basis with a vast array of different crimes ranging from sexual assault, rape, to even shooting somebody and selling drugs, all types of crazy stuff.

I don't know if you remember, but years ago, we had a disagreement about this.

We agreed on a lot of different policy items.

The one place where we had disagreement was on big tech when we talked about, how do you deal with these issues? I told you back then, we were at an event in Nashville and I said, I know in a couple of years you're going to change your mind.

So now you want me to admit that I've changed, that I was wrong.

I mean, I I was very concerned about my generation.

Even, you know, a couple maybe three or four years ago, I made an entire course specifically for parents and teens and young adults all about how to avoid big tech brainwashing, because I think that's one of the big key components.

I mean, I grew up.

I went through my own hard times.