01:13:27 · Jordi Hays, John Coogan
[01:13:27] S0: can read through it. [01:13:28] S1: So it says DoorDash says they've only received several 100 orders in total from personal agents like Muse. They say, you're right. Everything going great with the core business. This only adds to it. Your second question was around AI agents. I would say that this is something that is still a very dynamic area. I'm reading that as like we're early. My take on these... On all things technology is you never wanna fight gravity. That's why DoorDash has an API, a CLI, right? They're leaning in like a Walmart, like a Shopify. But at the same time, you do not want to be delusional. What I mean by that is if you look at where AI agents are today, we are seeing maybe several 100 orders in total from some of these third party agents. And some of which you have cited in terms of whether or not paying customers or placing orders. DoorDash is interesting. Like, the models might need another leg up because tell the robot to push the DoorDash, the get burrito button is not a great use case. It's more for, like, once it learns how much you're ordering, then it can be like... It feels like it is not valuable to hand over DoorDash to a personal agent on a case by case basis. [01:14:36] S0: I just think it's it's it's so incredibly easy to order food. Yes. And people are very habitual. Yeah. It's possible that you could be a power user of Muse and not even care to use it to order DoorDash. [01:14:51] S1: Yeah. Totally. Totally. At the same time, I think that there are certain
01:14:51 · John Coogan, Jordi Hays
[01:14:51] S1: Yeah. Totally. Totally. At the same time, I think that there are certain [01:14:55] S0: buttons in all the delivery apps Yeah. Just says like reorder. Yeah. So if have you a favorite order [01:14:59] S1: But there are still there are still workflows where you could say, look, I'm ordering lunch for my office every day, and I want you to pick something, insert a little bit of variety, and I'm deputizing my agent to do it on a daily basis. And then there's the value because you're not just saving, okay, I opened this app and typed a prompt. And instead of opening the DoorDash app and clicking a button, you're like, you set it up once, and then it just runs for a full year, and you're just happy all the time in theory. But Yeah. Again, maybe the model capabilities aren't aren't aren't quite there yet, but I think people will eventually do this. What else is going on in the timeline? [01:15:33] S0: Tharik is out at Anthropic. I think we're all want... We're all wondering what he's gonna do next, but he hit the timeline yesterday with the post. [01:15:43] S1: He says he's playing Wow forever. He's playing video games. He's gaming. He's locked in. That is a Went [01:15:48] S0: on a generational run. Very curious to see what [01:15:51] S1: he Right before the IPO, you're about to get some liquidity, just just lock in. Get the turtle beaches on.
01:15:51 · John Coogan, Jordi Hays
[01:15:51] S1: he Right before the IPO, you're about to get some liquidity, just just lock in. Get the turtle beaches on. [01:15:56] S0: He said there's a 100% of kind of mania you can get into with coding agents where it feels like you're getting a lot done and working all the time, but nothing is really happening. I think it's a form of avoidance of something else in life. When he wrote this, I immediately thought to myself, I can think of four or five people that that applies to Mhmm. Correctly. Mhmm. Like, sort of manically vibe coding [01:16:19] S1: Yeah. [01:16:19] S0: And not sort of giving enough attention to maybe something else in their life that like probably deserves that attention. [01:16:27] S1: Oh, there's that. And then there's also just like you can just spend a ton of time just adding extra parameters and decision trees and using the models to to like overthink things and not just like go with your gut and and and you can you can have all the agents doing so much work and then the answer was just like, you should have said no to that that opportunity or And and your gut was right all along. Anyway, do know what's going on in Malibu? We we we got cut off on this. The priciest neighborhood in The United States is unraveled. [01:16:56] S0: Question for you. Yeah. Senra Senra can join. Okay. Good. He's gonna join [01:17:01] S1: Bring him in? [01:17:02] S0: In about fifteen minutes. [01:17:03] S1: Let's bring [01:17:03] S0: him in. No. No. No. You you can start.
01:17:03 · Jordi Hays, John Coogan
[01:17:03] S0: him in. No. No. No. You you can start. [01:17:05] S1: With what? This? Okay. Yeah. We got fifteen minutes while David Senra will come in. That's great. That's great. I got time. We're hanging out. Just a couple old guys. So the priciest neighborhood in The United States is unraveling and it's not even finished. Developer Scott Gillen's ultra exclusive Malibu enclave is in bankruptcy as he battles a partner in court. And so I want you to see... This is $24.08 per parcel. It... How do you like this particular area where this is? Have you seen the case? Have you driven by it? [01:17:36] S0: I think that's an area that is would be highly desirable [01:17:39] S1: Okay. [01:17:40] S0: If as maybe a second or third home. [01:17:42] S1: Okay. [01:17:43] S0: But I don't know anybody that that [01:17:44] S1: Wants to live there. [01:17:45] S0: Resident that would wanna live there. [01:17:46] S1: And is that because it's closer to Los Angeles? I I don't actually don't know where it is on that. [01:17:50] S0: It's You know? It's a nice... It's nicely perched. Yeah. Beautiful views. A wonderful view of the city. Yeah. But ultimately doesn't, I believe, have very good beach access. Oh. Kinda feels important. Yeah. That's rough. Malibu.
01:17:50 · Jordi Hays, John Coogan, Tyler
[01:17:50] S0: It's You know? It's a nice... It's nicely perched. Yeah. Beautiful views. A wonderful view of the city. Yeah. But ultimately doesn't, I believe, have very good beach access. Oh. Kinda feels important. Yeah. That's rough. Malibu. [01:18:03] S1: So it says it it was supposed to be the most expensive new neighborhood in The United States. A cluster of five mid century inspired mansions perched on top of a hilltop overlooking the Pacific Ocean. The ambition was to sell them for nearly $500,000,000 to some of the world's est people. That was 500,000,000 in total. You can see some video there. But nearly a decade in the making, the ultra luxury development known as The Case is facing collapse. Four of its five houses are unsold. Entities tied to 66 year old developer Scott Gillen filed for chapter 11 bankruptcy protection this summer. We're we're subbing in the old Greg Abel taking a seat. Greg, how you doing? [01:18:45] S2: It's great to see you. Great
01:18:45 · Tyler, John Coogan
[01:18:45] S2: It's great to see you. Great [01:18:46] S1: to see you. Thanks for being here. Let's get going. In an age where reality shows like Million Dollar Listing Los Angeles and Selling LA have turned agents and developers into celebrities, Gillen overcame a criminal history to make a name for himself as a design visionary. But local agents and industry leaders said it was ultimately his perfectionism and reluctance to lower his ambitions and acting for act asking prices that undermine it. He's a perfectionist. He's a vibe coder. He's addicted. It's the same it's the exact same problem as we've seen with people who code code code and never ship. He just couldn't bring himself to ship this and actually wrap up the project. Gillen isn't the first spec home developer to stumble at such a scale. Developer, Nile Niami. Do you know who that is? [01:19:32] S2: I do not. [01:19:33] S1: So he created The One. [01:19:35] S2: Okay. [01:19:35] S1: Yeah. A billion dollar property in Beverly Hills. The biggest house in The United States, I believe. And it was sold out of bankruptcy at a 120,000,000. So they... [01:19:46] S2: Not a great track record.