Meta's $18 Billion Child Addiction Payout is Bigger Than You Think
PDS Published 08/26/2026
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Zuckerberg just agreed to pay up to $18 billion and one of the biggest tech settlements in history.
And now he's trying to play some games to get YouTube and TikTok on their knees as also we've got to talk about this good, good golfing controversy.
The Trump Darlene Graham situation in South Carolina is so weird and also embarrassing at you've got whole villages on the Nepal Tibet border now gone after a devastating landslide.
We're talking about all of that. And even more on today's brand new Philip DeFranco show. You daily dive into the news, starting with so.
Not only did meta just agree to pay US states billions of dollars to settle that massive child addiction Zuckerberg and meta now want to bring YouTube and TikTok down with
Because you have all of this stemming from a case where multiple states accuse Meta's platforms of harming children's mental health and getting them addicted to social media apps, all while lying about the risks that these apps
and in this trial that started earlier this month, you had Instagram head Adam already taking the stand and Mark Zuckerberg was expected to follow but then, boom.
Breaking news this morning, both the attorney general of California and Meta itself announced a and according to California, its worth up to 17 billion.
But according to meta, it's worth up to 18 billion, and it's going to be paid in installments over the course of ten years.
And it will mostly fund, quote, youth online safety initiatives, among other state priorities.
You have it saying the states will receive 70% of it, and the remaining 30% will only be released if two conditions are one YouTube and TikTok install one hour daily limits, night modes and age assurances or child
and two that they each also pay an amount matching the 30% that meta has to fork which I will say feels a little bit like that meme and skit
where you and your boys are running away from the police, and the police find you, and then you're like, hey, Hey, guys! Come out!
They got Thought we could get away with year in the and the other ones under the right.
But a big thing is that as part of the settlement, meta is not just coughing up it also has to make major changes to how its apps function for users under the age of you have them setting a default
two hour daily time limit that can only be turned off with parental in those two hours apply to both Facebook and Instagram used together. greater night mode that block straps between midnight and 6 a.m.
so that users can't post or view their feed during those and a separate school mode will be made to prevent kids from getting push notifications outside of DMs and safety alerts between 8 a.m. and 3 p.m.
when they're likely in the also users under 18 will receive regular prompts about their daily usage.
Be able to opt out of algorithmic feeds and turn off Also, likes will be automatically hidden from them. Cosmetic surgery and extreme makeup filters will be blocked from them.
Then the list goes on and on and a majority of these features will remain in place for at least ten years, with Meta's chief legal officer this will empower parents to easily manage how their children access our platforms
and set the right path forward for our whole but he then also added and this is a key thing, this framework will only work if all our peers join Because teens move fluidly across dozens of apps, we need an industry wide solution.
We therefore call on our industry peers, TikTok and YouTube to implement this new framework right with a company then also writing an open letter to YouTube and TikTok echoing these in fact, this is a big push.
According to a tech reporter at The New York Times, meta plans on running the letter as a full page ad in major newspapers right now, neither of those other companies have immediately responded to all this.
And as it stands, this settlement still needs to be approved by a judge before anything is oh and of course, because this is how it works when you are a multi multi-billion dollar company.
Meta still reportedly denies the allegations against which I will say I love because it makes no we didn't do anything. But we are going to give you 17 to $18 billion.
And also the other companies that are like us need a change to for the thing that we all are definitely not doing but still with this, you have The New York Times noting that this is one of the highest sums ever paid
by a tech company to states and The settlement could signal an inflection point for a social media industry that has largely escaped regulatory scrutiny
over the harms its products of college one professor adding meta wouldn't settle unless it sees the writing on the wall and feels really exposed. right.
Because the way the law suits the meta and other social media companies are facing it, it's repeatedly been compared to lawsuits that tobacco companies face back in the 90s, lawsuits
that completely changed how those companies could operate and then turned the entire culture around smoking.
so far, at least, legally speaking, Matt has been taking a ton of L's, I mean, just this year, the company already lost its first personal injury case, and it was ordered to pay nearly $1 billion in penalties and New Mexico over consumer protection law violations.
and actually, on the note of money, there's an argument that meta is getting off very easy here, Because if the trial played out in full penalties from a jury verdict, it could have theoretically range up to $1.4 trillion.
the one it was unlikely to see a penalty the size of its entire market cap.
And two, as it had Indiana's attorney general saying this is not just about money, it's about changing how these platforms operate. So they stop exploiting the developing brains of our kids.
and so, if that's to be believed, one of the main real prizes here is arguably the changes made. Yes, with meta, but also on these other platforms. but even with this right, it's not done.
Meta still has a ton of other legal challenges on the horizon. Some, yes.
They're from smaller entities like school districts and individuals, but others, they're bigger. right. Because while this settlement did include the vast majority of U.S.
states and territories, some with their own litigation were excluded. and so you had Florida's A.G. writing.
Florida didn't join the meta settlement, saying the payouts are peanuts compared to the profound harms, Meta's profit driven addictive features inflicted on kids and a slap on the wrist for $1 trillion corp that pay more to lawyers than to states.
We'll see them at trial. so there are many other cases that are left to play out.
And Métis controversies, you know, these days it feels like it goes well past litigation.
mean, just this morning, right before the news of this settlement broke, Reuters reported that Mark Zuckerberg had a plan to replace a massive chunk of meta staff with AI, with Zuck and other higher ups at the company reportedly referring to it as project OT, right.
Envisioning an AI native future for the company where much of the daily work performed by humans would be taken over by AI and virtual workers would be overseen by small groups of human staffers.
reportedly they explored slashing the size of the meta teams by as much as 60%, moving some to new units and others just getting laid off.
and actually, not only did meta speak to Reuters to confirm the existence of this project, they confirmed the potential layoffs as well, and that 60% reduction figure, though
they also did say at no point do they actually intend to lay off 60% of the workforce.
as far as why they didn't happen, reportedly, news outlets began reporting that meta was planning massive layoffs, and that caused a ton of panic among employees.
right, that end quote, amid the rebellion, other internal data indicated that the tech at the heart of the plan wasn't delivering.
and what meta did end up seeing some layoffs, they were not at the scale that this operation would have involved.
but ultimately, we've seen a just a ton of backlash against the company, against Mark Zuckerberg and just really from so many fronts. the next up from that, let's talk about this good, good golf scandal and fallout.
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because good, good golf.
It started off as a YouTube channel that amassed a little more than 2 million subscribers. And from there, the brand developed into an independent media company. and actually a pretty good size one.
It raised some $45 million in a funding round last and you had them partnering with Callaway, which is, of course, is a major golf equipment brand to advertise a new line of clubs, which led to the now infamous 62nd AD at the core of the story.
in this ad stars one of Good Good's founders, Garrett Clark, alongside another professional golfer and content creator by the name of Alexis Meister. and it's really just the first chunk of this ad that everyone's reacting to.
Do not touch my new driver. he just flicks that hit stick. He trucks her. and so this clip goes viral quickly. It causes this whole stir.
you've got people out there saying that it's scary, generationally stupid, and asking at a time where golf as an industry is trying to bring in more women, what are they supposed to think
seeing an ad like this, the then on the other side, the people pushing back saying, hey, it's not that deep. arguing that people can't take a joke these days. And also saying that if you watch the whole thing, it really isn't that bad.
and as far as the rest of video, what you see is another guy ending up touching the clubs. it then sort of infects him. He goes crazy, and he just starts smacking some balls.
regardless, you see the ad get taken down though that really doesn't stop the spread or the conversation. And pretty soon people are demanding accountability.
and so then with that, you saw a good, good garv coming in after a bit of a delay, posting an apology, saying the ad didn't align with their values, and that they've always stood for making the game of golf more inclusive for all.
any of the CEO, Matt Kendrick telling the Wall Street Journal that the full video had been intended to be a parody of the new horror movie obsession, but it obviously missed the mark. And then adding, we fully own that.
We did make a mistake as the CEO of the company.
The buck stops with me and we should have had better processes in place and saying obviously the execution missed the mark and didn't come across the way that we wanted to, and in no way where we trying to make light of or support violence.
it came across that way and that's our fault, with him then adding that he plans on changing the review process going forward, including a personal review of marketing content for the foreseeable future.
and then on top of that, he said that they're also planning on donating the proceeds from the campaign for the driver to an organization that supports women. with that they're still researching the right one to donate to.
but then I'll say to people going, hey, well, this isn't just on good, good golf. Right. Callaway presumably also had to give this thing the thumbs up before it went live.
and in fact, they even acknowledge that in their own apology, saying that approval should have never happened.
as we deal with the consequences of our mistakes and complete our investigations, I want to make it clear that we sincerely apologize for the video. The content was inappropriate and does not reflect our values.
to be clear, we are unequivocally against discrimination, domestic violence, or threatening behavior of any kind. but also the fallout that you're seeing from this. It's more than just an investigation or even one partnership.
it appears that this whole situation has put a bunch of good goods plans at and that includes their naming sponsorship of the PGA PGA tour CEO Brian Rollup saying that he doesn't think good good
took enough accountability from the beginning, but also adding think the responses are getting better. think we've seen some things this morning.
We've had some conversations with them, so we'll continue to monitor and work with them going but no, we were disappointed with what we There's an ulcer. The Golf Channel, who's playing the premiere of the show Big Break X good, good.
Because one of the sponsors pulled out after all and then on top of that, there's also reports that good, good golf products are being pulled from are you a Golf digest, for example,
reporting that websites of both the Sporting Goods and Golf Galaxy show they're good, good products to be out of But hey, ultimately, we're gonna have to wait to see how this plays out.
And also, I'll ask to the the golfing beautiful bastards out there.
What are your thoughts because when looking through the situation, I felt like there were a number of people reacting to this specific moment and also kind of the channel and the brand and the people as a whole
for an extended period of time sort of and I'd really love to know your thoughts here, because my experience with golfing has been I go to Topgolf now and then and I use the big green.
You can't hit the ball. Wrong thing. Club.
I'm really just proving my as well as for the last three years saying, you know, I'm going to I am going to take a lesson and then and then there's more we got to dive into in just a minute.
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but then Devin right back into the news.
Let's talk with this crazy Darlene Graham situation, or I guess, as Trump calls her, Senator Darlene Graham Darlene Graham.
Darlene for many, I think, feels like a character on a TV show in its seventh season where they're like, wait, they they have a sister, because she is Trump's handpicked Napo senator.
though initially she was handpicked by South Carolina's governor to fill her brother Lindsey Graham's seat after he died last month. of course, that's for now.
And if she wants to stay in the seat, she had to go into the runoffs, and Trump was behind her. and she did have a pretty formidable opponent.
You had Ralph Norman, a five term congressman and Freedom Caucus member whose conservative credentials are they're not in doubt, we'll say. You watch me fight. You've watched me vote.
You've watched me keep my word. I'm not asking you to trust what I say. Judge me by what I have already done.
When you choose your next senator, you shouldn't have to guess. You should already know. right, and then you had voters kind of comparing and contrasting.
they then looked at Darlene Graham, the the Napo sister with zero experience in politics, who really no one had heard of until several weeks ago, and whose most viral moment since then has been admitting this on TV.
I'm not that informed on national security. So. But I do support the military.
but also something you saw is that she actually leaned into her lack of experience trying to spin that as a virtue. They say I'm not a politician.
You know what I say? Guilty as charged.
apparently enough Republican voters, they, they bought that or they did what Daddy Trump wanted. And she walked away with a win, 52.5% to Norman's 47.6%.
to the point I just mentioned do it, Norman, conceding the race and giving credit where credit was due to the man who actually carried her to victory. you know, the president got involved.
He has that right as his, prerogative, as I told, I never well, y'all, his his policies are good.
I never understood why he got in this race actually, according to places like the times, Trump did more to support Graham that he did for any other Republican candidate.
This year, For example, his superPAC, Maga Inc, imported $800,000 into this race, nearly a third of the group's total spending. This election cycle.
which is also a move that many have pointed out is very, very odd because this is a primary between two hardline conservatives in a deep red state. And the outcome, it really shouldn't matter that much.
there are other, much more competitive races where Republicans could use Trump's support, but he just kind of pulled out all the stops for Graham for some reason. even personally called high level state officials to push them to endorser.
And then he flew down to Myrtle Beach to rally the troops, which is something he really hasn't done for other candidates. I asked her to do this. I said, darling, you got to do it because everyone loves her.
Everyone respects. And I've known her through Lindsey. I've known her for a long.
I think Lindsey respected Darlene more than any other person he knows, including me. That does not make me happy.
And the problem that we have is they say that Trump does great when he's on the ballot,
but when he's not on the ballot, his people don't come and they don't vote So what I really want you to do is pretend, please, that I'm on the ballot.
Just come and vote and show them. Put.
actually even after Graham won, her conclusion was, yeah, this is a victory for the president. South Carolina is truly Trump country.
and this can also be connected and is part of the reason why it's a big deal, because recently, some of his preferred candidates have lost their primaries.
fact, even two of them in South Carolina, where he won by more than 18 points in 2024.
so for some seeing Graham winning, they're going, okay, well, maybe Trump still has some juice. right. As far as for Graham, you've been seeing this is kind of already the ball game.
Richie still has to beat Democratic nominee Annie Andrews. But we're talking about deep red South Carolina here.
and so you're very likely to get at least see her pop up now and then for the next six years.
And as far as what she's going to do in the Senate, she may not know much about national security.
It does appear that she has some priorities when it comes to South Carolinians. boys do not have any place in girls sports.
Certainly not in the locker room. To me, gun control is how steady you hold your weapon.
I oppose de I. I oppose the woke agenda. Sorry liberals, but I don't apologize for any of that.
though I will say it doesn't seem like liberals are so much demanding that she apologized as much as just laughing at Right in that. In part because in her victory speech.
First she government run health care, Bad idea after bad idea.
Any Andrews backs them and then literally 10s after bashing universal healthcare, she told this story with apparently zero self-awareness.
My parents worked long, hard hours they were sick, they had to get up and go to work My mother passed away when I was 11, and my father just over a year later.
yeah, Hodgkin's lymphoma for her mom, heart attack for her and he had a lot of people just Duncan on or online like, okay.
So your alternative to socialized medicine is working long hard hours while sick just survive. And then dying prematurely at 51.
like shit in the moral of that story be like, my parents suffered but other people shouldn't?
isn't that like what a non psychopath would like just because I grew up poor doesn't mean that everyone needs to grow up poor.
Also on that note, it's not much clearer what her solution to the inflated cost of living is either, since this is how CBS Ed O'Keefe described his interaction with when I asked her later
if there was some kind of legislation or specific proposal that she would put forth to deal with the concerns about affordability,
she wouldn't give us an answer and only said, we'll see about that when I get there. Thing is, she's already there. She's the appointed senator and she has been for about six weeks.
Meanwhile, Trump's endorsement, it was also put to the test in Oklahoma, where you Republicans going to the polls to nominate their with them choosing between former state lawmaker Mike Macy and the state's attorney general
getting her it turned out, the most talked about issue in this race was a $4 billion aluminum smelter project, which is the largest in the country, which is financially backed by a company in the UAE.
because initially Mesa opposed it. But Trump supports it. So what do you know?
on the very same day in May when Maisey flipped his position, Trump endorsed it was almost like there was some kind of exchange. A quid pro quo, perhaps, but I, you know, maybe I'm being conspiratorial.
but also.
Well, with this Drummond, who sued to stop the project as AG tore into him for that during the So I brought the action.
All gubernatorial candidates were against giving it 350 acres of Oklahoma land to a muslim monarchy, and underwriting them up to $1 billion.
Mr. Macy flipped. I did not.
I have a plan to make sure that it will be 100% in compliance with the Clean Air Act, President Trump has called my opponent
a Republican in name only, and that's because he's donated thousands of dollars to Joe Biden and 11 other liberal Democrats
the results coming in last night, it turned out that voters were kind of split straight down the with 50.3% going to Mazie and 49.7% going for Barely more than a half a percentage point
meanwhile in the race for Oklahoma's other Senate seat, you with the democratic socialist notch and another victory with their nominee, Nicola Jasmine but also this is Oklahoma which is even better than South Carolina.
So she has a very little chance to win against the Republican why you also have some comparing it to Angie Nixon's longshot bid in but one historically red state the Democrats do actually have a shot at flipping is Alaska. right.
And that is because of the battle of the dans we've talked about in the because of the state's incumbent GOP senator, Dan Sullivan, having to run against a guy by the name of Dan J.
there was real competition. Is Democrat Mary Portola.
you had some speculating that when people go to vote they might get confused on which Dan they're voting are, which could siphon off votes from the Republican handing the race to the Democrats.
in fact, the Republicans were so nervous about this, they fought to get the other Dan's name taken off, claiming that he was a Democratic then a judge said, no, sorry, that's democracy.
All Dan's have her right to which then brought us to the primary and.
Oh my So one Alaska has nonpartisan primaries where the top four candidates move and not only did the other day and Daniel J. Sullivan make the top four, he wasn't fourth.
He was getting around 2.4% of the vote. And.
the Democrat, Mary Portola took the top and notably, she took it by more than if you combined the Sullivan's vote together.
of course there is a question. Of the thousands of voted for Daniel J. Sullivan.
Were they confused, or did they just think it was funny or it was a protest Time will tell.
But hey, you know, in addition to living in what feels like a nightmare timeline, sometimes it's also a funny but then next up from that we have a story
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that at the center of it is the question, is it okay for AI to do your writing for or because that is a debate that's playing out right now over a Wall Street Journal op ed that was,
I guess, written by the well-known billionaire investor Stanley Drug and and I use those air quotes because it's unclear exactly how much of that article Drunken Miller actually wrote I'll explain.
So the article in question was titled Let the Bond Market Speak.
And in it, Drunken Miller strongly criticized Treasury Secretary Scott Besson's recent interventions in the US bond you had him arguing that it was a huge mistake to spend billions of dollars buying back U.S.
bonds to bring down and this article, even before the controversy, it was a very big in addition to being a well-respected mind in the finance world, Drunken Miller was also a former colleague of Besson and has sometimes even been described as his but then also almost immediately.
You had a lot of people on Twitter accusing the investor of using AI, claiming that the wording and structure had clear AI tells and pointing to specific Things like this wasn't liquidity management, it was price management.
and if the 30 year must trade at 5.5% to clear that isn't a crisis, it's an and drunken Miller.
Actually, he was just he was straight when the outlet notice asked him if he had used AI for the op ed, he responded loud and proud.
Of course I used and you then Adam going on to argue that he saw no problem with his actions, there's a reason I moved from an English major to being an economics major and adding, not embarrassed by saying I write everything using AI.
Now for the same reason I use a calculator when I do math And in a follow up interview with the Journal, he even appeared to brag about using AI for the op ed, at 73, I'm kind of proud of using Now I will say very notably here.
It is unclear exactly how heavily a drunken Miller relied on AI for the right.
In his interview with notice, he denied that the whole thing was written with AI, claiming that he had rejected many of the AI suggestions during the writing But then also with that, a lot of people on Twitter
sharing screenshots from AI detection tools that flag the article is 100% and while there is of course, a range of room for error
with those detectors, depending on which ones and also the writing it at least seemed like an indicator for a lot of people that a decent chunk of this may have been AI
but then also beyond that, you had people noting that the journal also has an issue to clarification, detailing how AI was used to write the op and in fact, they haven't even put any kind of label
on that piece, noting that AI was used in at least some actually instead you had the journal's editorial page editor defending drunken Miller and saying that he didn't violate Wall Street Journal's policies, arguing AI is a fact of modern life.
The question for us is whether what we publish from contributors reflects an author's original argument, and if the author has the standing and credibility to make then adding in stand drunken Miller's case.
We have had a relationship with him for many years, and nobody can doubt that his op ed is his genuine but then also a key thing here is you had a spokesperson telling reporters
at the journal's newsroom has a different set of standards from its editorial Right.
Now, according to a page on their website, the newsroom uses generative AI for data driven investigations, summarizing articles and translating stories. right. But not outright writing a full piece.
and so with all this, the whole situation has sparked a massive debate online, and you're seeing it very divided, especially depending on where you go online.
and so on one side, you have a ton of people defending drunken Miller, arguing that he has a powerful mind for finance, and if he needs help putting his thoughts into words, that shouldn't be a problem.
with many saying that he was basically just using AI as a tool to refine his own ideas.
you also had a lot of people arguing that many big execs and billionaires use ghostwriters to write op eds and other content, arguing that this is just an extension of that.
but then also on the other side, you know, people hitting back saying that, no, it is fundamentally different to have AI right for you instead of a real human.
and you then also had a lot of people arguing that normalizing or downplaying the situation creates a double standard where billionaires and other rich and famous people, they're able to get away with this.
But the rest of us aren't.
by noting that other people have gotten massive backlash for publishing work that use I even for opinion columns.
for example, a Harvard professor was widely criticized for using AI to write an op ed in the Financial Times.
and while that article is still up, you with a PhD adding a notification at the top, noting that I was used without their editorial involvement, and explicitly stating that the Ft
editorial code of conduct specifically prohibits the use of AI in the writing process.
and also earlier this month, you know, UC Berkeley math professors are getting a lot of heat for using AI to write an op ed for the San Francisco Standard. mean, there's even been AI scandals here on YouTube. right. O.G.
YouTuber and green recently faced a major backlash after viewers accused him of using AI to write a script for a video that he posted last month. without then prompting text responses.
And then also he made a whole separate video on the topic.
and in that, he outlined how he plans to use the technology going forward and explaining, This all started because I said I needed to realign the way I use LMS.
I have thought a lot about that this week. I've become too reliant on them for advice, for editing and for sourcing. So I'm creating an AI policy for myself.
One of the things I've been hearing in the discussion around this, and I'm glad this discussion is being had, is that this is a good idea. I encourage creators to do this.
It doesn't even have to be public. Just have it.
I wish I had had and so this drunken milk situation ends up being kind of a continuation of this, this ever evolving conversation and debate that we're seeing play out.
the we are seeing different conversations happening in different spaces. Right. There's kind of like for everyday people.
There's for people in school, there's for online creators, and then there's for the kind of big media establishments, and with this specific situation, you have a lot of people arguing at this latest incident with Drunk Miller.
It just illustrates the lack of consistent standards for how media organizations handle AI, or sometimes even within the same publication.
and so with this, because it's become very apparent that, these situations are going to continue popping up in the news.
the specific questions I want to ask with this story is what are your thoughts about the op ed team and the newsroom having different standards?
two, what are your thoughts regarding the drunken Miller's situation specifically? and then we've got to dive into some more news. You need to know in just a minute. But first let me thank a And I'll start by saying Matthew.
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I'm gonna fill you with. mean, I I'm gonna fill you in with more news. I need to know. I just don't know why I started that sentence with that. Whatever that energy was. getting enough sleep. I'm fine.
First up, we have a man who was just arrested for parking his pickup truck outside of the Supreme Court building because, Why? well, because he had a medieval style guillotine sitting in the back of it.
so the guy's name is villain Tom Dooley, and while he lives in California, he actually drove all the way to D.C. with the guillotine in tow.
when he got there, he parked along the 100 block East Capitol Street, which, aside from the Supreme Court building, is also near the Capitol building in the library of Congress. right.
And then you had by six that evening, pictures and videos of the guillotine circulating online. well, right now, we still aren't sure about his exact motives.
In talks with the LA times, his brother said that it was probably intended as a symbol of disapproval, with him adding that he's generally unhappy with the state of politics and he doesn't like either major political party right now.
we have officials working to figure things out. He's been charged with carrying a dangerous weapon.
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then in absolutely horrifying news, we got to talk about the Nepal Tibet border. Right.
Because, well, officials, at least right now, have not released an official chain of events yet.
what you're seeing from early reports from the US Geological Survey is that it all started with a glacial collapse and debris flow so big that it registered as an earthquake.
a lot of that fallout landed on a river in the there, you had a mudslide and flash floods washing away tons of roads, bridges and houses in the area, like complete villages.
Gone in an instant.
and there are these videos of places like this port in China getting absolutely destroyed, cutting off communications and power links in the area. it's all left.
At least hundreds of people, both local to the area and traveling from different countries missing. And all the chaos.
and so you're seeing reports like a hundred of those people being Indian tourists, or they're on a religious pilgrimage. Well, right now you have the death toll already over 150 people.
Officials say that you should definitely expect to see those numbers go and that's one from everything we've already seen, but also because officials are still warning that there could be more floods to come since there's a blockage still lodged upstream on the river.
But right now you've got rescue teams already being sent out.
and anyone living in low lying areas is supposed to be moved to safer ground, with those along the river being put on alert.
and while they also have help coming from other countries with that the water line flood sediment is already making that process difficult. it's honestly this whole thing, it's still in progress.
We're in limbo right now, and we have to wait to see what happens.
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but then the final thing we mentioned today as we're winding things down is that SpaceX just announced plans to build a $100 billion launch facility in Louisiana. right.
It's coming to Vermilion Parish, and it'll be their largest spaceport so far, meant to support thousands of launches every year.
And along with that, you have Elon Musk claiming that it'll bring about 10,000 new employment opportunities. Right.
Which includes about 3000 direct new jobs over the next ten years, with an average salary of more than $90,000.
and superficial saying this could bring not only a variety of jobs to their parish, but also opportunities for their grandchildren, allowing them to stay home for employment.
if they do, stick to that, a lot of the locals do seem like they'll be on board.
then also an important thing is that on the other side of this, SpaceX has a history of environmental backlash. It's raising some concerns here.
you've got a lot of people living near their other launch sites being worried about their air, water and wildlife.
and actually, this is kind of interesting that the new spaceport is going to be on land that used to belong to Exxon, which recently ended a decades long legal battle with people accusing them of contributing to the state's wetland losses.
And so now you've got wildlife groups and other locals pushing back, trying to avoid more of the same.
but then also with that as part of the deal, you have SpaceX claiming that it will work to protect the wetlands around the new facility and help with coastal restoration and the state's efforts to bring the marsh back.
then, even with the potential jobs and the environmental promises, you're seeing some residents just not convinced. If I could get a decent price from my house here, I'd sell. Absolutely.
I don't want to be part of but as far as Louisiana Governor Jeff Landry, he says that it is all nothing short of a transformational moment for the state, calling it an inflection point in time in Louisiana's history.
then my friend.
You beautiful bastards, is the end of your Wednesday's But also, if you're not 100% filled in, you want some rant and rave and definitely
check out the brand new episode of our podcast Crashing Out, which just came out if you're on YouTube, you can click or tap on the if you're on YouTube and or anywhere else, I got links in the description for and I hope to see a bunch of y'all this weekend in Boston and Philadelphia.
But hey, no matter what. Thank you for watching. I love you faces, and I'll see you right back here tomorrow.