CES’s legacy, reactions to Dwarkesh’s “Capital in the 22nd Century,” and more | Diet TBPN

Summary

The hosts discuss CES’s history and argue that major tech launches have shifted from independent trade shows to company-controlled events. They recap CES 2025 announcements from Nvidia, AMD, Uber, Lego, and Boston Dynamics/Hyundai, then cover a NYT piece on bank deregulation and M&A. Later they react to Dwarkesh and Philip Trammell’s essay on AI, inequality, and privatized returns, and Jordi shares an example of AI already delivering practical value.

• CES’s importance has faded as companies favor their own launch events, following Apple’s playbook.
• CES 2025 featured Nvidia Vera Rubin, AMD Instinct, Uber/Lucid/Nuro robotaxi testing, Lego smart bricks, and Boston Dynamics robots.
• The NYT article highlighted bank deregulation, falling rates, and M&A rebound as favorable for JPMorgan, Citi, and Goldman.
• Dwarkesh and Philip Trammell’s essay argues AI may worsen inequality and that AI investment returns are increasingly privatized.
• Hosts noted AI is already delivering practical value through LLM use cases like parenting advice.
• No clean, speaker-owned investment trades were articulated; most market mentions were news recaps or product reactions.