00:23:47 · John Coogan
[00:23:47] S0: Totally. They've made they've made money with him before. Yeah. Yeah. One last thing from Jim Cramer. He says, data center locations. He says, these are what I'm concerned about. He's looking at IREN. They have three in Texas. CoreWeave has four in Texas, one in Ohio. They do have, plenty of others. Some in Sweden, some in Canada, some in India. Nebius, does... Has lower Texas exposure. And so, people are worried about what will happen to these if they're still building capacity, still getting approvals. I'm sure all the analysts are really digging into the exact sites, where they are, how many permits. Will they be subject to a pause? Will they be subject to, a renegotiation there? It does feel like there's there's already been... I saw some messaging from OpenAI around, like, power protection program v two, how you actually interact and make sure that power... Electricity rates don't go up, like, concretizing the the water usage more. And so all of this will just be more and more. But there are there are plenty of examples of, like, the data centers, like, going well. There's an interesting debate between Chris Mims and, over at the Wall Street Journal and Mike Isaac over at the Atlantic around the, around the difference... The different takeaways. Before we get into this, let me tell you about CrowdStrike. Your business is AI. Their business is securing it. CrowdStrike secures AI and stops breaches. So let me see if I can actually find it because my guys have said, like, okay. Based on everything that's happening, it looks like the only the only takeaway is peep... Like, tech people will take away that it's just a messaging problem. And it says voters are very pessimistic on AI. The majority of voters say AI will do more to hurt society. Only a quarter will say it will help. And some of these some of these polls are like, they they they niche them down. So they first ask you, like, are you voting based on AI? And, like, 10 people say, like, yeah. That's my issue. Where a lot of people say, like, gas prices or, like, geopolitical conflict. Right? But then within those, they say, okay. Are you voting on AI? Then do... Are you optimistic, pessimistic, etcetera?
00:25:55 · John Coogan, Jordi Hays
My guys, like, rat king says, my guess is the primary thing the tech industry will take away from this data is that it's a messaging problem because what else can we do when the majority of voters say what you are building is bad for society? Genuine philosophical question. I think the answer is a lot of what, Chris Mims was saying, which is, he say... He actually posted this a long time ago, so he resurfaced it. He said, practically no one read this when I published it a couple months ago, but I'm going to immodestly propose that everyone who wants to build a data center or whose livelihoods depend on them getting built should read it now. Big tech can build data centers people won't hate. We've been through some [00:26:37] S1: of these, you know, sound and water and power. My point was like, make it make it have a concrete positive impact on the local Yeah. Lives of the people in the local community. Yeah. Even if it comes down to like, we're gonna pay you [00:26:50] S0: Yeah. [00:26:51] S1: You know, $500 a month. [00:26:52] S0: Yeah. I mean, the AWS playbook is right there for the taking. Like, people in Virginia, very happy, very wealthy. It's done very well. But in the sprint, everyone was like, we gotta throw out that playbook. You Because even remember like Meta was building data centers in tents. Like, and and instead of instead of traditional buildings. And like, I don't know if that actually has an effect on how much water you're using or how much power you're using. Of course, Natural building gas. [00:27:18] S1: Scraps in a cave. [00:27:19] S0: Scraps in a cave
00:27:19 · John Coogan, Jordi Hays, S2
[00:27:19] S0: Scraps in a cave [00:27:20] S1: outside of Memphis. Yeah. [00:27:22] S0: And so you you you can easily see that it's like, okay, when speed is the most important thing, then yeah, maybe you're gonna tick off the local population a little bit more because you're not taking the extra step to think about, okay, what color should it be? Or like, how noisy should it be? All these things. And then there's a lot of retrofits that people are unhappy with. There are some other stories. The big one... [00:27:44] S1: We gotta talk about Please. We gotta talk about Strauss. [00:27:47] S0: Strauss. Okay. Pull up this video from Strauss Zelnick. First, I'm gonna tell you about Cisco, critical infrastructure for the AI era, unlock seamless real time experiences and new value with Cisco. And then we're gonna go over to Take-two CEO, Strauss Zelnick, who sat down with The Wall Street Journal to discuss the launch of GTA six. Let's play it. [00:28:07] S2: Is there a concern? I mean, I I've... I think there is a concern that this is your big hit and that you don't have enough hits in your library. Can you... I mean, can you... How do you, like, knock that down?
00:28:07 · S2, Strauss Zelnick, John Coogan, Jordi Hays
[00:28:07] S2: Is there a concern? I mean, I I've... I think there is a concern that this is your big hit and that you don't have enough hits in your library. Can you... I mean, can you... How do you, like, knock that down? [00:28:22] S3: Well, look. We have 15 franchises that have each sold at least 5,000,000 units in an individual release. I think we have the best collection of owned intellectual property in the video game business, and I think that's reflected in our top line, our bottom line, and our market cap. So I guess the way I respond to it is, like, examine the fact. I don't I don't know. I'm... Look. We'd have an addition to Grand Theft Auto. We have Red Dead Redemption, a massive title. It sold over 65,000,000. It's in the most recent release. Red Dead Online, Grand Theft Auto Online. We have NBA two k, which is the second biggest sports title worldwide, but the biggest in North America. And build WWE two k, Bioshock Borderlands Civilization, and then on the mobile side, we're friends on Fox. [00:29:09] S0: Forgot about Bioshock. Right? That's a great series. [00:29:11] S3: Hundreds of other titles. [00:29:12] S1: Borderlands is a good Pretty good story. [00:29:14] S0: That's great. That's funny. I I didn't know that you were gonna pull up this clip. I saw a different one of him talking about artificial intelligence and just, like, the question of, like, how is Take-two embracing AI or not? [00:29:25] S1: Yeah.
00:29:25 · Jordi Hays, John Coogan
[00:29:25] S1: Yeah. [00:29:26] S0: And he was saying, like, this is very crafted. But the interesting thing was that he's like... But at the same time, like, it's all computer generated. Like, it's always been computer generated. So, like, we will use tools, but there's still a lot of love and human element creativity that comes in. But don't expect us to not... To stop using computers in 2026 when we've been using computers since the company was started. [00:29:49] S1: Yeah. But Yeah. So one Mhmm. Hilarious question and answer. [00:29:54] S0: Yeah. [00:29:54] S1: I would say in minor defense of the interviewer, there is like an extreme power law. Yeah. Like GTA is like such... Is such a Yeah. Like, if if Red Dead Redemption two is like a a Grand Slam, like, this is like whatever is beyond that. Right? [00:30:16] S0: Back to back Grand Slam. Back to back. I don't even know. The World Series. Yeah. The World Series. [00:30:20] S1: Yeah. But but yeah, it's just like a a different level. Right? Yeah. And so there is that power law. It is if you walk around on the street, do you know what GTA is? Like, so so for a non video game audience Yeah. Like, that... That's like kind of a fair question. Yeah.
00:30:34 · John Coogan, Jordi Hays
[00:30:34] S0: Who... One... Are you... Yeah. It's also it's also fascinating that GTA is trying to... They are trying to hit two grand slams simultaneously. Because the first is on the single player game, the story, how it feels to play it, how people talk about it, how it's like you have to sit down on day one, play for hours, the game mechanics, the polish, like, the actual core game. And then there's the economic engine that comes after, which is GTA Online. And that has been massive on GTA five. And so... But I see those as... Obviously, they're deeply related. If it's a good game, a lot of people stick around and play for a long time and wind up spending more money on in game currency and whatnot, and that will drive the business. But they are somewhat different products, somewhat different businesses, different Yeah. Artistic and business challenges. And so, it's it's very interesting. It's also... It was also funny to me people calling for like a no AI in video games because it's like like, the the NPCs have always been AI. No computer generated graphics. That's one thing. But also, like like, even even the the, like, the enemies that you play against, like, they are AI. Like, they decide, like, okay. I'm gonna drive this way. I'm gonna, like, turn... Take a left turn at the light or pause at the light. If you have no AI, it's just this, like, empty world in the old world. But then, of course, people [00:31:56] S1: Leave talk about me alone. Yeah. Leave me alone. [00:31:58] S0: Yeah. [00:31:59] S1: It's it's been But but, yeah, incredible answer by Strauss and