Topics: Technology, Business, Entrepreneurship
**John Coogan** (0:01)
We are back, and man, two weeks is a crazy amount of time to be away.
**Jordi Hays** (0:06)
I don't understand how children do this for weeks or months at a time.
**John Coogan** (0:12)
It's wild, it's wild.
**Jordi Hays** (0:13)
It's crazy.
**John Coogan** (0:13)
It means a lot of video games.
**Jordi Hays** (0:14)
I was sitting there. I had somebody this morning say, it feels like it must have gone by so fast.
And I was thinking, no, it absolutely didn't go by fast at all. It felt like two months.
**John Coogan** (0:26)
Yeah, it did feel like two months.
**Jordi Hays** (0:27)
We manipulated time.
**John Coogan** (0:28)
Yeah, but thank you to the Microsoft team, the Activision team. They sent us codes for Modern Warfare 4 My review is in. It's fantastic. I love it. It's a really good game. Really polished. And the Kill Block.
**Jordi Hays** (0:41)
Did you revert back at all to?
**John Coogan** (0:44)
No, didn't really have the opportunity. I was joking about full relapse, just gaming from dusk till dawn, but that is in fact not in the cards these days.
**Jordi Hays** (0:53)
I had a relapse on pizza. I was eating pizza like twice a day at times. I was eating a lot of pizza, surfing a lot.
**John Coogan** (1:01)
That's good. Do you think pizza is potentially addictive?
**Jordi Hays** (1:04)
I do.
**John Coogan** (1:04)
You think that there could be a settlement?
**Jordi Hays** (1:06)
I do think. I don't think there could. I think there should.
**John Coogan** (1:08)
There should be.
I do wonder. Because cigarettes were very scientifically proven to be addictive. You can give nicotine to a mouse and it will go and try and get more nicotine. It's the most cut and dry. You can run the experiment with any animal.
**Jordi Hays** (1:27)
And I would assume that, based on my own personal experience, pizza and surfing will fall into that same bucket.
**John Coogan** (1:33)
Oh, you give a mouse pizza?
**SPEAKER_4** (1:34)
You let a mouse get barreled.
**John Coogan** (1:35)
Yeah. If you give a mouse a cookie.
**Jordi Hays** (1:37)
If you give a mouse a barrel.
**John Coogan** (1:38)
A barrel.
**SPEAKER_3** (1:39)
He's going to spit out of that thing.
**John Coogan** (1:40)
He was going to want a Corona with a lime. Yeah, for sure. But it will be interesting to see where the addiction stuff goes. Because when all this came up, the Meta social media addiction, I was kind of like, I understand that people were trying.
I don't know. Can you get mice or monkeys addicted to reels? Maybe.
**Jordi Hays** (2:04)
I'm sure almost certainly.
**John Coogan** (2:06)
You think you could get a monkey addicted to Instagram reels?
**Jordi Hays** (2:09)
I think 100 percent.
**SPEAKER_4** (2:11)
Well, we got to try.
**John Coogan** (2:12)
We're going to find out.
**Jordi Hays** (2:14)
We can't get any monkeys because they're sold out.
**John Coogan** (2:17)
No, you can get a monkey. You just have to pay top dollar. They're expensive, but you can buy one. It did seem like it was a tougher sell because it was not a chemically addictive product. It was more of a psychological thing. There's a benefit to it. There's a free speech element, all very complicated. I was not expecting to see a big settlement. When this first came up years ago, I thought it was going to be more nickel and diming little case by case things. But in fact, there has been a huge settlement by Meta. Two days ago, or this was when this was written, this was August 26th, Meta announced settlements with Attorneys General representing 48 states and the District of Columbia and three US territories. There were only two states that held back, I believe it's Texas and New Mexico, over allegations that Facebook and Instagram harmed children and teens. This has been boiling up for a while. There were smaller settlements. This is the big one.
The high level numbers here, Meta will pay the states $12.7 billion over 10 years, and it could go up to $18 billion if other platforms join the settlement.
**Jordi Hays** (3:27)
It is a big number.
**John Coogan** (3:29)
It is a big number. Honestly, if you are a state legislator or you care about having your state funded for a variety of things, this is good news. This is a size gong moment for the states because they will be getting this money distributed to them and they can use that to do whatever states do from education to health care. There's a lot of different things that states can do. I know Tyler is pissed because he doesn't like the government getting a dime, but it is a size gong moment for them.
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