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Mark Cuban
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- 2024-03-29
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- 2024-03-29
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“You know, and that's funny because when I go talk to elementary school kids, right? One of the things I do, I said, okay, let's look around. You see that light there? One day that light didn't exist. Then somebody had the idea, then somebody created a product of it. And now your school bought that. You see that chair? Chairs didn't always look like that. Somebody had that idea. Why not you? So when you walk out and when I make them do, ask yourself, why not me? Why can't I be the one to change the world?”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Just looking at my kids' eyes, just, you know, talking to them and seeing their spirit, their friend spirit. And obviously we're blessed as can be, right? And it's not the same for every kid, but I do, you know, I get emails that don't respond to all of them, but from 13, 14, 15-year-old kids around the world, you know, because shark tanks shone everywhere asking me business questions. And it's just like they took the time. They were that curious and that interested. And I see it when I talk to schools, you know, when I go to different groups that spark in kids' eyes that there's something bigger and better and exciting out there. And that's not to say there's not fear, you know, climate and any other number of things. But that's the beauty of kids. And I think Gen Z really embodies that. And to me, that's just really exciting.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Know it's going to be interesting with Ukraine if they're able to survive this, right? Because as horrific as it is, as you saw across Europe after World War II, the rebuilding creates opportunities.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, right? Yeah, but it was interesting to me, and I bring it up because just they didn't know what the word prophet meant, right? But at the same time, I would go around and meet people. And it was this entrepreneurial, like right after the Soviet Union fell, entrepreneurship went through the roof. I mean, a lot of it was mafia driven, but people found that spark, you know, because I think that is natural. And so you just never know when and how and when the circumstances will come together for you to be able to take advantage.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh, for sure. And I'll tell you a quick story 1992. I went to Moscow State University. To teach kids how to start businesses, because I had sold micro solutions and I wanted to travel and I took Russian in high school, my risky is like not a show.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“As you can because something's going to click at some point. You may be 15, you may be 25, you may be 55, but it can happen.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“That they're really, really, really good at. That could be world-class, great. Every single human being on this planet. And the hard part is just finding what that is and in some places having resources to enable it. But be curious so you can find what it is. I didn't take a technology. I took one technology class in college Fortran programming and I cheated on it, right? I mean, it wasn't until I got a job at Mellon Bank and I started learning how to program in this thing called Ramus, the scripting computing language that I realized, oh, this is interesting to me and I like it. And that's what got me, you know, a job selling software, going on from there. You just don't know what that's going to be until you go out and experience different things. So for anybody young out there listening, enjoy your life, find things to smile about, be curious, read, watch, you know, expose yourself to as many different.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Love your life, right? You know, find the things that you can enjoy. Be curious. You don't have to have all the answers when you're 12, 15. I get emails from 13, 15-year-old kids, right? What do I do? What do I do, right? You know, I feel like I'm being held back. I'm like a 15. You feel like you're being held back. But just be curious because you don't have to have the answers. You don't have to know what you're going to be when you grow up. I'm a hardcore believer that everybody has something.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“So that you see now with this thing called mixture of experts where you connect things and people can take their expertise and will be able to take that expertise and retain it in a way that they want to retain it. So I don't think there's going to be one medical database. I told this to people at a couple of big companies that were doing healthcare initiatives. Branding is so important in the healthcare space for hospitals, the Mayo clinics, the MD Andersons, they're huge brands.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“No, I think I'm not an AI fatalist at all, right? I'm an AI optimist. But it's not to say that there isn't a lot of scary shit that can happen with Militarily, you know, like I said earlier, I'm a big believer that there's going to be millions and tens of millions of models. And people will take their expertise and either get hired for it and contribute or create their own models and license.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“And with their main frames and everything, they had captive software they wouldn't use off-the-shelf software, right? So for a digital equipment mainframe or an IBM mainframe, you need a software that was written for it. There was nothing off the shelf. And when the PC industry came along, it was the exact opposite. There was, you know, MS-DOS and then Windows, things that were off the shelf that every PC could use. And that changed how people thought about software. And I think the same thing will happen here where it's going to be as models become more efficient and easier and less expensive to train, I think there'll be more reasons to open source.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“It really, really is, right? To go back to historically, you know, there was digital computing, which was a dominant player. And they thought, and IBM to a certain extent thought that they wouldn't be subject to a problem with the PC industry. And then all of a sudden,”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Because they're all very incestuous industry where the people all work together at some level, they read the same papers, they go to the same conferences. It's like the early days of streaming and the internet where people use the same technology everywhere. And now they just try different things and you get one smarter, a couple smart people in one company like Anthropic, right? And they do things a little bit better and model efficiency gets better. So, you know, it's just a business choice, but I don't think it should be forced, but I think it's a smart business decision.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, two different things, meaning that Meta's doing open source, right? That's a good choice for them. I think that's a smart choice, right? But it's just a business decision for everybody else. I don't think it should be forced”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“No, because it's a big business, and most people like if I was 25 trying to start a company, I'd work in the system because if I can build it up big enough, they would just buy me and I'd make money and buy a sports team. But I don't need that money now.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“So, what we're going to do with our own healthcare, we're not going to be in the business of selling healthcare or anything like that. But the things we do for my companies, we're only going to do deals with providers, healthcare providers, that allow us to be completely transparent so that whatever contracts we do, we're going to post them all. Whatever pricing we get, we're going to post them all so that every company who's our size or even bigger will have a template that they can work on, which will take it away from the big three insurance companies and the big three PBMs because now without that transparency, they have to use consultants who are getting paid by those big three companies and aren't giving them the best response. And so now that transparency will overcome that.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Lose a connection between their brand medications and grandma and grandpa and Aunt Sally. And all that business is going to get transferred to the big companies. And they're going to have even less leverage. So they're working with us to come up with programs that are very supportive of independent pharmacies. And that's going to allow us to break the cartel because it's in their best interest not to allow them to be so vertically integrated that they destroy the entire community and independent pharmacy industry.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Where it gets really fucked up is those big three PBMs, they're not reimbursing them $550 or more. They're reimbursing them $500 or less. And literally those community pharmacies are eating that loss. And as a result, they're going out of business left and right. And the most insane part of it is, yes, with corporate employer insurance that happens, but it happens more with Medicare Part D and Medicare Advantage. It happens all the time with those, almost with every script. So the government is complicit in these community pharmacies going out of business. So how does that connect to COSPLAS drugs and what we're doing in the big brands? The big brands know that if all these community pharmacies are going, tens of thousands of them are going to go out of business because of the way this pricing is, they're going to.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, and then insurance company, that $600, the pharmacy first buys that drug for probably that price minus 5%. So $570. Then there's probably a copay by the patient, and that's probably $20. So now the net investment that the pharmacy, the local pharmacy has for that brand medication is $550”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“It does. I mean, and the whole industry is an arbitrage, but we don't work inside the system, we work outside the system. And so we don't work with those biggest companies. The biggest companies with the most dominant control, you know, it's very insulated and very controlled, like you said. We work outside them. We won't work with them. And so because of that, we don't have access to every medication because they've told.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“And so the question is why is he able to do it? And it was immediately apparent that it was a lack of transparency. And so can we start a company that is fully transparent with our cost, our markup, and our selling price and see if it works. And so we went for it and it took off immediately. I mean, you read a press release from a company saying they were creating a cost advantage program basically pretending to replicate us. Haven't been in business two years. How insane is”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“So I got a cold email from a Dr. Alex Soshmyanski, who's my co founder. He's a radiologist by trade and a physicist and a smart motherfucker. And he had a pharmacy that he wanted to create a compounding pharmacy that would manufacture generic drugs that were in short supply because it happens all the time that things aren't available. I'm like, you're thinking too small. We should do something on a much bigger scale. And then it was right around the time they were sending the pharmacy, bro, Martin Screlly, to jail. And so I was reading up on that. And he increased the price of this drug Deratim. I think it was like $7,500 or increased a low-cost drug to $7,500, one of those. And I'm like, well, if he can just jack up the price to this drug and charge more and get away with it, this has to be an incredibly inefficient market”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Yes, because it's the wellness of your employees and their families. Yeah, but if your employees aren't healthy or if they're worried about their kids and what is more worrisome and detrimental to the performance of a company. A DEI program or having to go to HR and scream and yell and explain and your doctor wasting their time doing the same thing to get authorization for a surgery or a medication. It's insane.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Because I'm sick or my kid's sick, and you're wasting my time, eats up HR time. The CEOs don't know any of this, right? So what I'm saying is, one, the smartest thing to do is to get a healthcare CEO at every company with over, let's say, 500 employees that focuses on all these things. You'd save a shitload of money. And two, healthcare is your second largest line item expense after payroll. And in some companies, there's hundreds, billions of dollars, right? And you don't understand it, and you're letting these guys rip you off. And it's because these big CEOs don't understand it and are getting ripped off that the industry is the way it is because that allows the opacity to continue.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“They're getting a higher rebate. And so I'm like, that's insane. I want my employees to get the medication that the doctors say is best. And so I didn't realize those were the intricacies of how my healthcare dollars went. There's not a single CEO who does because that's not a core competency that they need. And the CFOs, that's not their core competency. And the HR people, they contribute and they understand it some because they're dealing with the claims, but they spend most of their prescription drug related time or healthcare related times trying to get preauthorizations approved. So, you know, your kid breaks their arm or you get sick and you go to the doctor and before the doctor will do a surgery or do whatever, they have to go to the insurance company and get pre-authorized. And then they always say no, right? And then you have to go back and somebody has to argue for you. And that just eats up employee time.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“We spent $169,000 with that PBM, one of the big three PBMs, and it would have cost us buying from cost plus drugs $19,000. That's just a simple example. Then I looked at the insurance side of things, right? We self insure, so there weren't premiums per se, but we were getting charged $17.15 per employee per month just to use the network that they put together for us, you know, providers, hospitals, or whatever. And I'm like, all right, are there companies that won't charge us to put together these networks? Turns out there's a lot of them. And those insurance companies and those PBMs are also responsible for determining what claims, what to authorize and what to deny, right? So for a drug, it may be, all right, this is an expensive drug, but before they'll say they'll pay for the drug that your doctor wants to prescribe for you, you have to try these three other drugs in what's called step-up therapy, right? To see if these other cheaper drugs work or they're not even necessarily cheaper, they may just be being pushed because”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“So I can speak for my own companies, and this applies to all companies, you know, bigger companies that self-insure, because we self-insured. When I finally, when we started Cosplus, I finally said, okay, it's time for me to understand how I'm paying for my health care, for my employees and their families. And the first thing I looked at was a lot of these companies use employee benefits consultants. And it turns out I was paying $30 per employee per month, which was millions of dollars a year. And they were just sending us to the companies that paid them the biggest commissions. I'm like, how fucking dumb am I? Right? So I'm like, okay, we're cutting that. And then I looked at our medication, our prescription deal that goes through the PBMs that we were using and that the consultant connected us with. And I took a list of, this was early on in COS plus drugs, list of the generic drugs that we sold that cost more than $30 that the mavericks also had purchased, right? We were able to get that claims data. And it turns out.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Actual cost and what we sell it for because it's just a plus 15. Call up any of the big three companies and ask them for the same thing. They're going to laugh at you. It's so bad, in fact. If you do business with them right now and you just ask for your claims data, meaning how many people use Humira that we're paying, what are we paying for it? They won't even give it to you unless you really, really scream and yell at them. And then they'll charge you and take six months to get it. So like when we moved away from them, we wanted to get what our claims data was to understand what we were going to be facing, they wouldn't give it to us until like six months later, I forget the exact amount. And then they charge us for it as well, our own data.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Pre rebate price is about eight thousand dollars per month. And after rebates, depending on the size of the company, it'll be anywhere from $3,000 to $6,000 a month. You can go your doctor to prescribe that biosimilar eusimmer and you pay $594. But those big three PBMs won't allow their clients to get usimery because they don't get a rebate on Yusimi. So they'd rather keep a drug on their formulary, even though their patients would save their customers would save a lot of money they'd rather keep a drug and exclude another because they'll make a lot more money.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“The cost isn't transparent, the markup isn't transparent. There's different things. I was just talking to a company in a presentation a couple days ago, and they took the step to leave the big three PBMs to go to a rebate free PBM that was smaller. And what they said led to the decision, they had a contract with the PBM for these things called rebates, right? Where depending on the volume of medications you buy, they'll kick back to you a percentage of them. And as it turns out, when they compared what was contracted for to what they actually got, they were getting underpaid every single year. They just don't care, right? They'll take products. There's a drug called humira, right? And it is the number one revenue drug in the country. And there's also a biosimilar, multiple biosimilars, but one we carry called eucimary. And Humira,”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“They put profits over everything, right? And they know in an industry that's completely opaque, they can pretty much do what they want and nobody gets to see what they're doing in detail. And so the first thing when you sign a contract with one of those big PBMs, it says you can't disclose any of this. And the fact that you can't be disclosed means they could tell Lexus company that they're being a great price and they're only being charged X and they can tell Mark's company, oh, you're getting a great price and we're charging Mark X plus, right? But Mark doesn't know any better because there's no way to know.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“So the thing we're trying to solve for is trust. And the way we feel we get there is through complete transparency. So when you go to CostPlusDrugs.com and you put in the name of the medication, if it's one of the 2,500 and growing that we carry, we will first show you our costs, what we actually pay for it. Then we'll show you our 15% markup. Then we'll show the pharmacy fill fee and shipping. And that's your total price. And that alone, that transparency alone is completely revolutionizing how drugs are priced in America today. And it's led to research being done comparing our pricing to CMS and ours being cheaper than even the government is negotiating, et cetera, et cetera, et cetera. And so just that transparently alone has had an impact and saved millions of people, hundreds of millions of dollars or more.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“No transparency, and when the lack of transparency leads to lack of trust, when you can't trust the healthcare system other than maybe your doctor, that's a broken system”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“It wasn't, but still, like, even like the Kim Kardashian accounts, whatever, right? It wasn't open source to Elon's credit, it is now, so I couldn't see it to know, right? So I didn't get the sense one way or the other of one element being dominant over the other. But obviously conservatives felt that left-leaning was more dominant back then.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“There is. And that's the whole point, right? He knows there's transparency and he knows the impact. That's why when I say take yourself out of the algorithm, right? Don't include his account. That changes, I think, the output of the algorithm.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“It's not going to have influence. When you get a break, just create a burner account on Twitter and see who they recommend to you. And not just Elon. I mean, the people that Elon likes. And I'm saying that's not Elon saying add this person, add this person and suggest this person, this person, this person. I'm saying that's what the algorithm is.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“But I think they call it the nearest neighbor approach. And I think that's what they do. And so whoever has the biggest account has the most neighbors who in turn have their neighbors who in turn have their neighbors. And that's how they discern what comes next.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“When I last read through all the stuff on their algorithm, right? Maybe it's changed. Whoever has the biggest account and gets engagement on that account influences what people see the most.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Look, if Elon changed the algorithm. Just by taking himself out of it. I'm not saying don't post, right? Post all you want, but if you look at his followers, they're almost all right-leaning. If you look at the people he engages with positively, they're almost all right-leaning. And if you look at the people he engages with negatively like me, right, I consider myself an independent, but I lean left on the DEI topic, right? That influences the algorithm. And so you see what you see because of what he says.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“The smallest spark sometimes can cause people to change, and then that spark becomes bigger, and then it becomes more widespread. And then all of a sudden your country has changed. It's not what you thought it was. I get that completely, right? And yes, you always have to be on top of that to make sure. But a lot of that comes from lack of leadership, right? And lack of trust because there's nobody who's saying, all right, Republicans, that's all hyperbole and you're wrong for that. Democrats, you fucked up on immigration, right? You fucked up in Afghanistan, right? Here's where you made these mistakes. Own it. There's nobody who says, right, we're not going to just bring in Republicans if the Republicans win. And then, you know, and there's nobody who says, we're not going to just bring in Democrats. We're going to bring in a mix, right? We're going to try to get balanced on the Supreme Court. There's just no leadership that's doing it. That's the fundamental.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Not what Donald Trump wants, though. He wants to ship them all out, right? There's just a whole lot of hyperbole when it comes to talking to all about talking about all of these things we're talking about. When it's right versus left, my team versus your team, my tribe versus your tribe. Only way to stand out is hyperbole. The hard part and why I like this conversation is how do you distinguish hyperbole versus reality? And I get where you're going, Lex, where it's like, what?”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Have a higher crime rate or anything, then Indigenous American citizens. Indigenous isn't the right word, but American citizens. And so they made a calculated mistake. They made a decision that was wrong. And now they have to fix it or it's going to hurt them severely. But I don't buy, you know, like what Elon's pushing that the whole reason is they are voters and will become voters.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“But it's very functional. Either they get across, there's a thousand different ways, an unlimited number of ways to enter the United States of America undetected, right? And the south border where it's the easiest and the worst. And Biden needs to take steps to reduce that. Remember, when Biden was vice president and Obama was president, they called Obama the deporter-in-chief. He had no problem deporting people. And I think if I had to guess, and this is just a guess, that when they looked at the initial statistics for immigration when Biden took over, they thought there was room for more immigrants, not because they would vote, but you can make a fiscal argument that in a world where the birth rate is flat to declining. We need immigrants, right? And immigrants typically don't, you know.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, of course it does, right? But the facts are still the facts. And in red states, they're going to be checking every ID. They're going to be making sure that's not the case. And you can also make the argument, well, in the blue state, it doesn't matter. In the swing states, they're still going to be checking because they know Trump is going to sue the shit out of him when he loses. And so, again, that's where people will take those self-preservation steps to keep their job and do the right thing. There's still enough people who believe in this country and how amazing it is to do the right thing. And a lot of the premise of what some conservatives are saying and doing, the underpinning of it is that their fellow citizens will not do anything, not some things, anything that serves the best interest of this country. And to me, that's just wrong. That is just misleading and wrong.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“I remember going to the debate with Trump in 2016, and he was debating Clinton. And one of the things he said was, we don't even know if this election will be legitimate if I lose. Was in 2016 before he was even elected, and that was where he was going. That's just what he does. He's never admitted a mistake. Guys failed a zillion times. Most people say, okay, I learned from him. I read a book about Roy Cohen and Roy Cohen was the ultimate deny, deny, deny, and that was one of Trump's mentors. And you can see almost everything of Roy Cohen ever did in the same way that Donald Trump approaches things.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“You can't be an illegal immigrant and vote. And now, in a lot of states, because of the conservatives, they've passed laws saying you have to show identification. When I voted in Texas, you had to show state identification. They can't vote. You can't register as an illegal alien that I'm aware of to vote”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“If you're going to be the most powerful person in the world, you better know how to manage and lead. And that's not to say Biden hasn't made a lot of mistakes. I mean, immigration, the border is horrific mistake. And hopefully he recognizes that. And I don't like the fact that he doesn't admit his mistakes and just say, okay, I got to fix it or I made a mistake in Afghanistan, whatever it may be, right? position of commander in chief and president you're going to make mistakes. I look at the other guy never miss a mistake, and the list is long.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“Look at the basics, right? If you look at the people he's hired, there hasn't been any turnover in his cabinet at all. If you look at the people he's hired over the course of his career or while he was vice president in particular, there's nobody who's turned on him and came out and written books and made public statements about how he was bad for the country. Now compare that to Trump. The people closest to him. Almost all of them turn unless there's a financial relationship involved. And to me, that says everything.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm not just missing human nature at all, but there's a difference. I think that human nature, self-preservation influences those decisions. There's nothing about self-preservation involved in DEI, wokeness, transgenderism to compare it to Auschwitz. That's insane.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source
“To remember that war when you feel like there's nationalism, patriotism, everything that comes up, Russia, right? The moms of the kids sent to be, you know, sent to Ukraine who didn't come back in Russia feel certainly different than the everyday Russian who's just taking whatever information that's available from a unified controlled media.”
2024-03-29 · Lex Fridman Podcast · #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs · IDENTIFIED FROM THE TRANSCRIPT · source