TechTime with Nathan Mumm

EP 248: Klarna has partnered with DoorDash to roll out Buy Now, Pay Later, and it’s stirring up serious debate. OpenAI is suing Elon Musk. Our main segment —LETTERS— is back! A false X post sent the market into a tailspin | Air Date: 4/15 - 4/21/2025

• Nathan Mumm • Season 7 • Episode 248

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When AI turns deadly, who's responsible? This week we explore how a simple "vibe coding" project led to an app generating lethal recipes like cyanide ice cream – highlighting the terrifying lack of safety guardrails in our rush to AI innovation.

Meanwhile, financial technology continues its troubling evolution as Swedish firm Klarna partners with DoorDash to offer "Buy Now, Pay Later" options for your food delivery. We break down why financing basic necessities creates a mathematical trap that keeps consumers perpetually indebted, despite the sunny marketing spin about "helping" during inflation.

The AI power struggle intensifies as OpenAI countersues Elon Musk with accusations of "bad faith tactics" while Musk claims the company abandoned its nonprofit mission. With a trial date set for March 2026, these Silicon Valley titans will continue their public battle for AI supremacy long after potential damage has been done.

Perhaps most alarming was watching how a single false post on X triggered a $2.4 trillion market swing before being debunked. Major news outlets amplified misinformation from an account with just 1,000 followers, demonstrating how fragile our information ecosystem has become.

Our popular "Letters" segment exposes increasingly sophisticated phishing attempts targeting everything from business credit applications to cryptocurrency accounts, while our security expert shares how companies are now using secret code words during video conferences to combat deep fake technology.

Subscribe to Tech Time Radio for technology insights weeks ahead of mainstream media, delivered with expertise and our signature whiskey reviews. Because understanding tomorrow's tech challenges requires staying ahead of today's developments.

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Speaker 1:

Broadcasting across the nation, from the East Coast to the West, keeping you up to date on technology while enjoying a little whiskey on the side, with leading edge topics, along with special guests to navigate technology in a segmented, stylized radio program. The information that will make you go, hmm. Pull up a seat, raise a glass with our hosts as we spend the next hour talking about technology for the common person. Welcome to Tech Time Radio with Nathan Mumm.

Nathan Mumm:

Welcome to Tech Time with Nathan Mumm, the show that makes you go. Technology news of the week. The show for the everyday person talking about technology, broadcasting across the nation with insightful segments on subjects weeks ahead of the mainstream media. We welcome our radio audience of 35 million listeners to an hour of insightful technology news. I am Nathan Mumm, your host and technologist, with over 30 years of technology expertise. Our co-host here, mike Rodea, is the award-winning author and our human behavior expert. Now we're live streaming during our show and for the most popular platforms, including YouTube, twitchtv, facebook and LinkedIn. We encourage you to visit us online at tech time radiocom and become a patron supporter at patrioncom forward slash tech time radio and when you visit our website, make sure you take a look at all of our whiskey reviews, going all the way back to season two of our show. Now we're friends from different backgrounds, but we bring the best technology show possible weekly for our family, friends and fans to enjoy. We're glad to have ODR producer at the control panel today. Welcome everyone. Let's start today's show.

Speaker 1:

Now on today's show.

Nathan Mumm:

All right. Today on Tech Time Radio, imagine placing an AI order for dessert and getting something lethal. Sounds absurd. Well, ai might be playing a risky game with recipe suggestions. Plus, what if your dinner arrived today but your bill wasn't due until next month? Is it a convenience or a slippery slope?

Nathan Mumm:

And while the AI world battles for dominancy in court, a single misleading post sent financial markets into a multi-trillion dollar meltdown. How did it happen? And then there's open AI taking on Elon Musk in a lawsuit packed with bad blood accusations. Plus, our fan favorite segment, letters will expose the lady phishing scams targeting our inbox. All of this and more. So stick around as we uncover the newest technology, weeks ahead of the mainstream media and, of course, with a little whiskey on the side. In addition to those, we have, of course, mike's mesmerizing moment, the technology fail of the week and a possible Nathan nugget and our pick of the day whiskey taste. And to see if our selected whiskey pick it's zero, one or two thumbs up by the end of the show. But now it's time for the latest headlines in the world of technology.

Speaker 1:

Here are our top technology stories of the week.

Nathan Mumm:

All right Story. Number one OpenAI sues Elon Musk claiming bad faith tactics. Now last week X sued Sam Altman, and so this week we're having OpenAI sue Elon Musk. I guess they're just going to keep on suing each other until they have it. This is what I think we need to do.

Mike Gorday:

we need to get them both in a cage fight, and whoever comes out victorious is the winner. What do you think that already hasn't there? Hasn't that already?

Nathan Mumm:

happened in some sort of elon's. Tried to do a couple other things.

Mike Gorday:

Hasn't he challenged people to a duel? He has, where I don't know if we're in the 1500s or not.

Nathan Mumm:

Well, so you have OpenAI is suing Elon Musk, x is suing Sam Altman, sam Altman will be suing Elon Musk and every other entity between them because of AI.

Mike Gorday:

Let's get Mark Zuckerberg in on this and see if he'll do a cake Well you know what.

Nathan Mumm:

I don't know if his AI is good enough to be competing yet.

Speaker 4:

So I guess, that's kind of the.

Nathan Mumm:

That's it All right, but you know what? Let's go to Lisa Walker for more on the story.

Speaker 4:

Mr Musk alleges that OpenAI strayed from its founding mission as a nonprofit to develop AI for the benefit of humanity and is therefore in breach of contract. He left the company in 2018. Is therefore in breach of contract. He left the company in 2018. This is about control. Lightman said it has been a distraction from making AI safe and equitable. That takes a backseat with all this rigmarole over control and monetization. Lightman said OpenAI claims Mr Musk has been spreading false information about us in an ex-post last week, adding Elon's never been about the mission. I don't know.

Nathan Mumm:

Do you think Elon Musk is on his own agenda? Do you think that's what he's on? Are you asking me that question, do?

Mike Gorday:

you think that you know? My father used to say that I marched to the beat of my own drum. Yeah, that's exactly what elon does. He marches to the beat of his own. Everything he does is his own agenda. He doesn't do anything on anybody else's yes, so.

Nathan Mumm:

So here's what happened last week, we had a lawsuit come on out. This week we we have the essential counter suit opening up. But this is a battle between the two Silicon Valley heavyweights. Both of them are acting in the best interests of, they say, open AI and the public. So Elon Musk doesn't want to open AI.

Mike Gorday:

Let's get, let's get Solomon out here and threaten to split it up with a sword and see, see, who, who likes it.

Nathan Mumm:

So so the the essentially Elon is saying that he wants OpenAI to not go public and continue to be a private nonprofit organization so that his grok can end up taking over and being the dominant AI. Which grok is actually 4.0. It's actually pretty good. Now they're starting to actually kind of make some waves and becoming in the battle itself. Now OpenAI says, hey, forget you. We want to become a for-profit company. We can be better with that than being the nonprofit. We can go and do different stuff. We can hire more people, there's not as many regulations and they can make lots and lots of money. They can, because the stock would, of course, be worth that. Now.

Nathan Mumm:

Now it's really interesting because last week a federal judge in oakland, california, set a march 2026 trial day. So this is going to go all the way into next year, march 2026. So they're going to just be back and forth sniping at each other. One will be doing it on x and the other one will be doing it probably on blue sky or some other platform, complaining about each other. It's interesting because they may actually have a chance to go public before the actual lawsuit or trial date of 2026 even happens. So OpenAI may be a public company by the time this lawsuit actually goes into effect and they have that. So Elon Musk is just online just complaining, complaining about open AI. Open AI is just saying hey, if you want to sell us Twitter, they don't even call it. X. If you want to sell us Twitter, you know what, we'll buy it from you, type of deal.

Nathan Mumm:

Now, in February we talked about that Mr Musk made an unsolicited bid for open AI to buy it for $97.4 billion, which Altman rejected and posted no, thank you, but we'll buy Twitter for $9.74 billion. So this is actually the same number. Move the decimal over. Type of deal. And so now we're in a battle. So this is going to be happening for quite a long time. These two AIs are going to keep on going against each other. Now, elon Musk did help set up OpenAI as a nonprofit organization and did help fundraise for it as a nonprofit, so he does have some legs to stand on, but he's just kind of being a little greedy, in my opinion, and I think they should move on and go and do a cage match and whoever wins owns the decision-making process. All right, let's go on to story number two, that's all you got to say about that?

Nathan Mumm:

well, I mean, what else are we supposed to say? So sam altman is my buddy now. I really like him, so I'm gonna side with him until he goes crazy. But I used to like elon musk back in the day until he went crazy, yeah, until he went. He may have always been, but at least he hit it at first.

Mike Gorday:

Yeah, elon lives in 80s science fiction. He does, he lives there.

Nathan Mumm:

He kind of lives in his own little area.

Mike Gorday:

You know I can't, you can't say much more about that. I can't say much more about that, because if you look at everything he does, it's all based on what we grew up with in science fiction, going to Mars doing this AI stuff.

Nathan Mumm:

Electric cars Terminator 2. Brain implants yeah, from the Matrix. So he watches a movie from Hollywood and says, hey, I'm going to actually develop that technology. So you know what he needs to do. He needs to work on a transporter. You know what I want to transport?

Mike Gorday:

from let's let him, let's rein him in a little bit. He doesn't need to get rid of the government stuff.

Nathan Mumm:

Get him out of the government stuff. Just tell him he can work on a trans. Oh he's. No, this is. This is big thing now. Yeah, just wait till he runs for president in like four years, and then trump will try to run for president again too, and then they could just have it out and they're minds's okay okay, all right, I don't know why that came up, but hey, you know let's talk about. Let's talk about trump. He's gonna try to go for a third turn okay, continue it on.

Mike Gorday:

Yeah, okay, let's talk about how how a ai creates uh, lethal recipes for you, okay? So a new ai app called recipe ninja AI, which was created by an entrepreneur named Tom Blomfield, has produced unusual recipes that include instructions for making cyanide, ice cream, uranium bomb and other lethal or gross recipes. Oh boy, vibe coding is a recent trend where individuals with minimal coding skills quickly create software using AI tools, or maybe A1 tools. I should use that. Okay, that's a big.

Nathan Mumm:

Thing.

Mike Gorday:

That's a big thing. This week the Department of Energy not Energy Education Lady was talking about it. She called it being A1. A1. Okay, yep, and A1 did the awesome thing and took full advantage of that today. Oh, that's a good marketing social anyway. Uh, this uh coding focuses on functionality rather than efficiency. Blomfeld mentioned that this approach helped him develop recipe ninja, the recipe for cyanide ice cream.

Speaker 1:

Okay starts with okay.

Mike Gorday:

Cyanide ice cream Starts with mixing heavy cream, milk, sugar and vanilla extract. Okay, that sounds good, that sounds like a normal thing to do, but the next step instructs users to add a lethal amount of potassium cyanide powder, which is extremely toxic and will kill you If ingested right. Yes.

Nathan Mumm:

Oh man, okay, All right Okay right, oh geez, oh man.

Mike Gorday:

Okay, all right. Okay, this comes along with other bizarre dishes like platypus, milk cream soup, cholera inspired chocolate cake and a deleted recipe which I will not say on the radio. Okay, but uh, you might. You might have it come up with the song bow bow, chicka, bow bow.

Nathan Mumm:

Okay there you go, there you go.

Mike Gorday:

There you go. Anyway, it seems Blomfield has started to implement content moderation after users discovered they could create recipes that were either dangerous or nonsensical. He expressed surprise I don't know why at how easily he could integrate various AI tools without needing extensive coding knowledge. He emphasized that as long as the application functioned properly, he didn't mind how much code it took to make the work. While having a voice-controlled recipe app sounds appealing, the lack of restriction on user-generated recipes led to the creation of dangerous and absurd options, which is how this always comes about when AI picks up on these weird things.

Nathan Mumm:

It's always user generated, yeah, and people always go, and then it just gets a huge bump. So I almost think that sometimes this is done on purpose.

Mike Gorday:

Well, maybe this is kind of like the tech equivalent of a leaked sex video, for you know.

Nathan Mumm:

Why are you laughing? Wow, okay anyway.

Mike Gorday:

This situation is a continual illustration of the risk associated with quickly deploying generative ai tools without proper oversight, which you know, we know there is very little of that to go around anyway. Blomfield, of course, did not reply to requests for comments regarding the app. This isn't the first time AI has produced troubling food related results, you know, like last time we reported on glue on pizza.

Nathan Mumm:

Yeah, so what goes into somebody deciding to make this AI tool that does these type of items? I mean, clearly, cyanide ice cream. Well, I'm pretty sure he didn't start with this idea in mind. That does these type of items, I mean clearly cyanide ice cream.

Mike Gorday:

Well, I'm pretty sure he didn't start with this idea in mind. No he started with that. He was like, hey, this might make me some money by making it easy to make recipes. And then he did what everybody else does.

Nathan Mumm:

So he probably was using a generic large language model. He probably didn't put any hooks in there to keep it safe.

Mike Gorday:

Probably OpenAI right.

Nathan Mumm:

It could have been the open AIs, because it's still the non-profit version of an older one, and then he could just make cyanide ice cream. Just think if you actually did that and then give that to somebody and you say hey, my defense is that I got this online.

Mike Gorday:

Actually, that would end up in the court system as being I didn't know, it was bad.

Speaker 6:

How that?

Nathan Mumm:

would end up in the court system as being I didn't know it was bad.

Mike Gorday:

Well, how did you get the potassium cyanide? Well, you know, I had to go do some illegal things to get that. That's right.

Nathan Mumm:

All right, okay, all right, ready for story number three. This is interesting.

Mike Gorday:

I don't know. You want to talk about ice cream some more, maybe some of the soup.

Nathan Mumm:

No, none of the soup. We're going to stay away from the soup. There you go.

Mike Gorday:

Bounce, bounce.

Nathan Mumm:

That's right. All right News has sparked a heated debate about predatory practices of BNPL companies. Do you know what BNPL stands for? Buy now BNPL, yeah. No. Buy now, pay later. Now, should you be able to finance your mcflurry order.

Mike Gorday:

If you have to finance a mcflurry order, you shouldn't be getting a mcflurry, okay that's what we're going to talk about.

Nathan Mumm:

All right, swedish fintech firm and they're called klarna, so it's like karma essentially, with klarna is now the name for it has partnered with doordash karma.

Mike Gorday:

For me is that just like some sort of so karma.

Nathan Mumm:

So they're actually, they applied for karma as their main trade name. That's why.

Speaker 6:

That's why I know that.

Nathan Mumm:

Yeah, so so they got stuck with Klarna. K L A R N A is partnering with DoorDash to offer buy now, pay later options for food deliveries. The initiative is noteworthy advancement in the expanding of everyday spending categories. According to the chief commercial officer, david Sykes, with this partnership with DoorDash, customers can finance their delivery purchase through a series of monthly payments. It's a significant win because it's directly responsive to the financial strains Americans are experiencing, particularly as inflation affects food prices. Is that how they look at it?

Mike Gorday:

That's how they look at it, okay well, so that's how they look at it. It's how they look at it. Okay, so that's how they look at it. It's a significant win, because we can make more money off of these people.

Nathan Mumm:

Now the question in play is should you be ordering DoorDash if you're unable to pay for that order in full? That is what I'm going at Now. Rising consumer demands and inflation concerns have come on out, and the Pew Research recently revealed that 73% of Americans view inflation as their primary economic concern, with grocery prices being a significant issue. Now Klarna offers various payment options, including Pay in Full, pay in Four and Pay Later. Now, the Pay in Four allows customers to split their payment into four interest-free installments. Well, pay Later enables them to postpone payments for up to 30 days without interest.

Nathan Mumm:

Now, these versatile payment options have proven so popular that they made Klarna a notable standard in how Americans make purchases. Now I am totally struggling with this buy now, pay later. I do not get why I would order groceries if I, if I can't go to the store and pick up groceries by riding a bus I mean I, if I, if I'm financially not able to pay for my bills, I should be able to a use a community transit or some type of transit utility to go to a grocery store, buy my or go to a place that will help me, you're talking about financial enslavement here.

Nathan Mumm:

Okay.

Mike Gorday:

This is a way of these companies jumping on the bandwagon, of basically enslaving people with continuous because let's take a look at this yeah, how often do you buy groceries?

Mike Gorday:

My wife buys them, I think, three or four times a month, so once a week maybe oh yeah once a week if you have one week, and I'm not a financial planner in any sense of the word, but mathematically this is just the stupidest thing ever, right? Yeah, if I buy groceries the first week of the month and then I split those payments out to four payments, yep, and then I buy groceries the next week and split those payments out, I now owe two payments. And then the third week, I now owe three payments. And then the fourth week, I now owe four payments that are going to be existing out over the next few months. Yes, and so each time I do that, I build a greater and greater debt load to this company, so that I will always be buying food, and if I always buy them with this this pay now or buy now, pay later option, I will be indebted to that food company forever, long after I stop eating food.

Nathan Mumm:

Yeah, yeah, yeah, that is correct. I I don't get this. So od your generation, would you? So, as you know, this could be a generational gap, because I talked with other people and they're like, oh, this isn't a big deal, I'll make sure I pay for it. Would you ever buy something on DoorDash and say I'll pay later?

Ody:

So personally, no, but that is because I know how to manage my credit cards, so I don't need if I am in an emergency situation and I don't have the money on my debit card. I have a bunch of credit cards to choose from. But I have a friend who actually loves Klarna because their credit score is not as great and they'll use Klarna for the buy now or buy in for payments and it's easier to get than a credit card and it's less of a of a risk.

Mike Gorday:

I want to say okay how is it less of a risk?

Ody:

well, I see it as less of a risk because they show you like, oh, you just have to make uh like 30 payments four times and that, to them, looks smaller, looks better and more manageable than the like oh, pay this off in a month, that's the problem. That is the problem.

Nathan Mumm:

But so attractive.

Ody:

This is exactly the same trap.

Mike Gorday:

This is exactly the same trap as using your credit cards to buy groceries and other. What do you call those?

Ody:

I can't think of the term necessities.

Mike Gorday:

Yeah, they're revolving, and this is the exact same problem that payday loan companies do.

Ody:

Yes, so I see it as a less harsh payday loan. I haven't seen that people are like constantly into the Klarna kind of thing for groceries. I've seen it for big events or concerts and stuff like that. That's what I've seen it being used for. Or vacation. The everyday necessities is where I kind of like okay, I see it as more like another credit option if you can't get a card.

Nathan Mumm:

Yeah, I just don't know why I'd pay somebody to deliver me. I have to pay a delivery fee on. Doordash and then I have to ideally tip the person, because the person is doing it for a tip. So there's an additional cost and then that also gets financed in there. So if I get up and I go and buy groceries myself, I don't.

Mike Gorday:

I don't know how you could have a struggle with this. I mean this this is bad financials, and what it also does is what we don't think about is encourage encourages people to buy more stuff that they don't need yeah, yeah so yeah, if I have. If I have, you know, 100 bucks in my pocket for groceries and I go in the grocery store, I can only buy a certain amount of things in the grocery store. Yeah, so I buy cheaper so I buy.

Mike Gorday:

Yeah, so I'm forced, I'm forced to moderate my spending in order to feed myself right hydrax well, you know, but that was the original cookie. I know, I know because the oreos are too expensive anyway, back to back to that.

Mike Gorday:

But if, if I have the option, if I have the option of buying groceries, uh, and then split it into a payment that I have to pay 30 today then I am in my brain. My brain's going okay, we can, we can get more stuff, and so we're actually inflating that grocery bill well then, maybe I don't know I see it from the way that my friend uses it.

Ody:

I feel like I don't think she would go for the everyday item like groceries, okay, but for something like a concert or a vacation. It makes a lot more sense to her that way?

Nathan Mumm:

Okay, all right. Well, you know what?

Ody:

But that's not the average consumer Florida's out there, it's now.

Nathan Mumm:

That's all. Keep talking.

Mike Gorday:

Go talk to financial advisors. They'll tell you exactly the same thing. This is a bad financial move.

Nathan Mumm:

Well, that wraps up our top technology stories of the week. Now we're going to get ready to dive into our later segment that features scams submitted by listeners and some studio-selected issues. Be sure to listen and share this segment with a friend. Get ready to hit that 88 miles per hour as we're heading on to our next segment. We'll catch you after this commercial break.

Speaker 7:

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Nathan Mumm:

All right, welcome back to Tech Time with Nathan Mumm. Our weekly show covers the top technology subjects without any political agenda. We verify the facts and we do it with a sense of humor, in less than 60 minutes and, of course, a little whiskey on the side. Today, mark gregoire, a whiskey connoisseur, is in studio and has our whiskey taste for the day mark. What are we tasting?

Marc Gregoire :

today is a overhauled monongahela mash. Straight rye whiskey kasuntite, are you okay? Where do they get that title from Overholt Managahila Mash?

Nathan Mumm:

Straight Rye Whiskey Gesundheit, are you okay? Where do they get that title from?

Marc Gregoire :

Well, let's talk about that from Old Overholt's website, embracing the legacy and the future of American rye whiskey. Abe Overholt pioneered American rye whiskey with conviction. Today the A honors our founder as we continue the evolution of American rye into the future. The first release of A Overholt features this Monagahela mash. Centuries ago, farmers distilled in the Monagahela Valley, which cultivated rye and became the first American whiskey, renowned for big, robust flavor of brown butter, honeysuckle, clove, seasoned oak, finishing with notes of warm spice inspired by pennsylvania roots. As straightforward as ever. So it was named after the valley which is, I believe, an ancient indian name. Okay, all right. And this is from beams from tory, which is a distilled at jim beams distillery in claremont, kentucky. It's a straight rye. Four years, 95 proof it's 80 percent of the Rye. Four years, 95 proof it's 80% of the Monongahela rye and 20% malted barley and it's $40.

Marc Gregoire :

Dude, this is good.

Nathan Mumm:

This is really good. What do you think, Mike?

Mike Gorday:

I think it's an interesting taste.

Nathan Mumm:

It has an interesting taste.

Mike Gorday:

I did for the first time, actually single out the honeysuckle For the first time or the first time I tasted something that's in your description of all the things and tastes in there.

Marc Gregoire :

Did you get any brown butter?

Nathan Mumm:

Maybe I don't know.

Mike Gorday:

Maybe, but I definitely had that sweet honeysuckle taste.

Nathan Mumm:

All right, this is not a cork top, though is it, is it a screw on?

Marc Gregoire :

top. It looks like screwing right it does, let's just unscrew it pop.

Nathan Mumm:

Oh, it's a cork. Oh, look at that cork top nathan just made soup.

Mike Gorday:

Yeah, you know what?

Nathan Mumm:

wow, there you go. Oh, it's a junk, all right, well. Well, we'll see how this continues to go. With our whiskey tasting completed our our first segment are you sure that's actually really good? Yeah, I had a little bit, maybe too much.

Marc Gregoire :

Today we're more that you can have. Okay, well, that's good, I don't need to bring it home really you don't like this, huh we'll talk about all right, okay, all right.

Mike Gorday:

Well, I don't think you should have home Really.

Nathan Mumm:

You don't like this? Huh, we'll talk about that, all right, okay, all right. Well, I don't think you should have it. Today we bring back the funny yet informative reading of emails that I received during the week. This includes scam, phishing emails, texting scams and all-out mistruths disguised as legitimate emails In our segment that we love called Letters Letters, we get, letters we get back, back, back those letters, oh letters we get letters and the letters all have fun.

Nathan Mumm:

All right For all those that are watching. What we do is we have a roundtable. We go to each one of our individuals here that have a story to read regarding our letters and we talk about what happens. I'm going to go first today and then we'll go Odie, mark and and with Mike and we'll we'll see what we got going on here. So my letter comes to from ISMG events. Uh, events at IMG slash submits two S'scom. Now, the two S's is very important because this is what is called copying somebody else's actual event itself.

Nathan Mumm:

So join Seattle's top security leaders at ISMG's Data Security Summit, seattle on June 10th at the Maiden Bower Center. Now, guess what? There's an actual event going on on June 10th at the Maiden Bower Center that actually covers this information. This year Summit will dive in the latest security machine identities, mitigation risks and AI-generated code. Now request a complimentary registration is available. Now they cut and pasted all the information from the Seattle Agenda's highlights, including the person's name that is actually in charge of this event. Too bad, that doesn't actually go to the person or anything that needs to be taken care of, but what they do is they actually have a request for complimentary registration. If you go and take a look at their website. The website doesn't have a request for complimentary registration, and when you click on this link, it goes to a Google form.

Nathan Mumm:

Now, the Google form is very impressive.

Nathan Mumm:

It has a lot of the information from the actual summit itself, taking a real life event and actually, just adding an additional S to the email domain name that they have, they're able to collect data and information about what your salary ranges are, your titles, your information, because that's all a part of the form to fill out, which is pretty standard for some of these events that you attend regularly for like a security summit, and then they get your information.

Nathan Mumm:

Now, once you submit the information, it takes you to a confirmation page, and the confirmation page actually has this kind of unique difference it doesn't have the actual logo to the event itself. It has another logo that they looked like they grabbed off of a website that they used for a security summit from someplace else, and so, after I filled it out, I actually thought this was pretty much legit. I filled it out, and then, all of a sudden, I see that it is not legit, though it had all that information that was available to share, and so if I wasn't on my PC that I do this and I wasn't actually paying attention, I would have sent all that information in the google form to this company that was phishing my information I'm surprised I didn't add a little credit card like even though it's a free registration, like hey, you can get some extra special parking or an upgraded something, just put in your credit card that's it.

Nathan Mumm:

There you go. They should have done something like that. That would have been even a better way to do it. So they just really were fishing for information and they get all the information about the person and they can build a setup for that. All right, we're going to go now to story number two. Odie, what do you have in front of you?

Ody:

Do you need a business credit card or?

Speaker 7:

business line.

Nathan Mumm:

I do not.

Ody:

Well, lee Cottom has been sending you emails saying do you need fast funding? They've got you covered and it looks pretty legit.

Mike Gorday:

Honestly, they should call Klarna yeah.

Ody:

Their next competitor. It says please click what we know DocuSign to start your application. So it says DocuSign application, upload your documents. And it's really you know it looks legit. Know it, looks legit it looks really legit and they're putting like requirements. They say all the benefits of having it and how quick you can get it, like two to eight hours.

Marc Gregoire :

Apply now, your credit line awaits I'm surprised you didn't apply for this, with two weddings coming up. Yeah, no kidding zero too yeah.

Mike Gorday:

You can clarinet those?

Nathan Mumm:

weddings. That's right, there you go. I can pay for them later. So this is an interesting one. So everything looks legit on this company, right, except for what happens when you actually click on the DocuSign link. And DocuSign does not have a org, so they actually are. It's a com company, so it has the whole DocuSign document and it has it hosted in a dot org place. So unless you actually are paying attention to it, I'm sure thousands of people have filled out this information given them they want to know. In the process you are supposed to upload documents which are last two bank statements, last two months bank statements.

Nathan Mumm:

So they're getting all of your information on your bank, they're seeing it, what your transactions are, and then what happens is you do get denied. So I actually filled this out as as a test. Uh, they come back to you and they say, well, sorry, your credit isn't taken care of and I think it's an auto deny because I made it sound like I was a billionaire and a half and I didn't have anything to worry about. And um, they still came back and said that it was denied. And I said, well, how could it be denied I have such great credit? Oh well, we didn't pull any credit report. That's why it's this fast funding. But we need you to do this, this, this.

Nathan Mumm:

So they keep on going down and they want more bank statements and they want some legal statements. They want to make sure you're a us citizen. So it's just long-term uh collection. That's a lot of that's a lot of work. That is, and they do resell it on the dark web and they're they're one of the premier locations for information. And now let me just tell you how the dark web is becoming a competitive marketplace. So before it used to be that you'd only find like information or one or two different places. Now there's a competition market on the dark web of where you get your information. Well, my information is less than three months old, my information is less than six months old and mine may be $15 a user to get it, but I'm going to give you the most accurate. So you'd now have a competitive marketplace for thieves that are selling your data because they are getting so much data.

Mike Gorday:

Yeah, and all this, all this crap works because human beings are too poor to pay attention. Yeah, that's right.

Ody:

I mean, if we look at the email it's, it says it's from lee cottom, so like an actual name, and it says apply at sand age consultantscc. Sendcom. That looks like a legit email. Does it have all those funky words and letter?

Mike Gorday:

combinations.

Ody:

They're getting a lot more sophisticated, yeah but then the important thing to remember is, if you're not actively looking to get a new line of credit, there's no reason why you should be receiving these emails yeah, and it's so.

Nathan Mumm:

What's really interesting is that a lot of these have tracking and there's some, there's some new applications out there they're getting really good that you can attach to your email that will show you if there's a tracking token on this. So they want to see a if I, if I click on this, and then, once I click on it, how long it goes from here and there. So they're getting pretty sophisticated.

Mike Gorday:

So you got to apply old guy tactics to this, and what is that? Just don't Ignore all your emails.

Speaker 6:

Ignore everything. Ignore all of them.

Mike Gorday:

All of them. All of them are bad. Yes, all emails.

Speaker 7:

Okay, email. Okay, all right before.

Marc Gregoire :

I don't even open up an email, just just just so before I do my story, I want I do have a question, nathan sure, on this. So with the competition on the dark web for the marketplaces, how is your marketplace doing?

Nathan Mumm:

I don't have a marketplace, but, but I but I don't have a marketplace of information, um, but I do go and take a look and see what they have about me, and so sometimes they have some pretty good information. I'll be honest, they have some really good. They go and take a look at my LinkedIn stuff. Somebody is doing a pretty good job of keeping up to date, so I'll pay 15 bucks every once in a while to do that. Do you know? You can do this in the social media world by just going into Google and there's a way that you can actually search for keywords that get announced out in the press or in major email addresses, so you can actually go on in there and do a search for your Google keywords and then, anytime there's an email or a big press release that comes on out, you can actually get alerted to that with Google Alerts.

Mike Gorday:

So there are companies that scrub your information from the Internet. Yes, do those work. They're pretty good.

Nathan Mumm:

Okay work. Oh, they're pretty good. The okay yeah. Yeah, they're pretty good. I mean the information that they have out there on me is probably about six to eight months old, um, but it's pretty valid. I mean it has my mother's maiden name. It's got a whole tree of of my parents and my brother and my sons and my wife and all the information, oh you did 23andMe, did you? No, I didn't do 23andMe, no, they just have all that information.

Marc Gregoire :

Sounds like a Nathan Nugget for next week. Oh, there you go. Okay, well, I have a throwback one. Okay, this is one that our generation used to get all the time, and maybe it's new for the younger generation, but it's Roundup claims, so it's a Roundup lawsuit. If you've been suffering from cancer being exposed to Roundup, please click here.

Mike Gorday:

Oh yeah.

Nathan Mumm:

That was a real case. Yeah, so it was. Now did you realize that the case has already been taken care of? Yeah, it's been taken care of for a while now, so I don't know where this new case came on up, because it doesn't actually exist. But tell me more about your email there, mark. Does it say where it came from and everything it's from?

Marc Gregoire :

Roundup Claims Okay, copyright with some IP address Okay, ooh, that's a little odd. Yeah from MailChimp, okay from.

Nathan Mumm:

MailChimp, so they use a third-party known tool to send out this deal that I can click on the link.

Marc Gregoire :

So guess what happens when you click on the link. Oh, I'm sure it goes somewhere where you got to put in a bunch of stuff.

Nathan Mumm:

It does put in a bunch of stuff, but that has it. So this is like scare tactics 101. They got big red flashes warning cancer, warning cancer. You can have this. Make sure you live the best life that you can before you die of cancer. You probably have cancer, and so the first thing they want to do is they want to know if you have medical insurance on this farm and, if so, you need to put in your medical ID and information so they can make sure they can work with your medical provider so they can get you a cancer screening test done immediately After you fill out your information all which it looks really legit that they're going to try to help you to see if you have cancer. If you don't have cancer, they're going to do this whole test for you. Then they ask you how you're going to pay for it, that you need to pay a small deposit for it because they have a $49 filing fee.

Nathan Mumm:

So they have a deposit. So you put your credit card information in. That is probably the worst phishing information that you would have to fill out to get your free money because of your Roundup claim. That does not exist. So it did exist back in the old days. There was a claim. It's been already settled. There is no more money to be claimed from that, so these are all just fake.

Marc Gregoire :

Maybe they sent this out because the old people are stuck. Like Mike said, they're being old cronjums. Yeah that's right clicking on anything but, now they see their roundup and they're like dude. I use roundup all the time in the old days.

Mike Gorday:

That's right and I have cancer there you go all right.

Nathan Mumm:

Last but not least, let's go to your email here. Why is mine the funnest? Well, yours is. Yours is something we talk about. Some of these are kind of repeating, but it's still always good information to have okay.

Mike Gorday:

Well, this is for mailinfoac at geomaticasn.

Nathan Mumm:

On behalf of email service alert okay, don't don't know any of those companies, but okay ah, that's a, that's a cool one to customer number number yeah, at coinbasecom.

Mike Gorday:

Oh, at coinbase yeah. You don't even know your number.

Nathan Mumm:

It has a number here. It says customer and a number.

Mike Gorday:

Is this your customer number?

Nathan Mumm:

No, I don't have that customer number. You're not customer 08755387?.

Mike Gorday:

No, oh darn, I guess I can't help you out there. The new login attempt has been detected on your account. Ooh, on your account.

Nathan Mumm:

Coinbase oh, that's where I have all my cryptocurrency.

Mike Gorday:

We talk about it because that is a good site, hey, but this is not capitalized, so that's pretty off-putting for me.

Nathan Mumm:

If you have a company, you probably start with capital. You should have a capitalized letter there.

Mike Gorday:

I'm pretty sure Coinbase thinks of itself not as a lowercase name. I'm pretty sure You're right. Okay, so this is a common thing. I get these all the time New login attempts. A new login attempt has been detected on your account. Please review the login details below. This has a date and time and IP address from a location in Singapore using a Samsung Galaxy S21 Ultra. If this login attempt was not authorized by you, please reach out to our support team right away to protect your account and asset. Now it has a number.

Speaker 6:

It has a number.

Mike Gorday:

An actual phone number. Okay, kind regards Coinbase. Now, when I get these, I get these every time I log into my stuff from different places. Right, okay, okay.

Nathan Mumm:

But they never tell you to call the number no because it's an attempt.

Mike Gorday:

Yes, if it's an attempt, I don't need to bother, because they didn't get in.

Marc Gregoire :

Yeah.

Mike Gorday:

If it's me, I know, because I have to do my. What is it? What is it? Two-step, three-step, eight-step, two-factor authentication, eight-factor authentication where I have to open up 50 million, bajillion little apps and click on things.

Nathan Mumm:

That's good for you.

Marc Gregoire :

Yeah, that's really good. This is another one aimed at the older generation. Odie, would anybody in your generation pick up the phone and actually make a phone call?

Ody:

No, no, never Chat bots away.

Mike Gorday:

Yeah, okay, All right. So did you call the number? I did not call the number. Why not I?

Nathan Mumm:

did not call the number. Why not I did not on the customer support line number because most of the time that they're taking care of it, I was just trying to do let's call them right now. Call them right now. We have the technology to do that. But we have to be careful, because if they actually come on the line and we're not telling them we're recording them, then we'll get in trouble. What yeah?

Ody:

You have to tell me you're recording.

Nathan Mumm:

They're literally performing a scam. Why won't they do it? Well, have you ever seen the Washington state law for making sure you're recording?

Mike Gorday:

Well, all we have to do is hey, hey, we got your thing, we're doing a radio show here.

Nathan Mumm:

We want to do that. You know what? Next time we do letters, I will hook it up so that we can actually call them live.

Mike Gorday:

Yeah, maybe we should. Okay, all right, let's do that. All right, don't just ignore your emails. That's ignore your emails, okay. So this is the funny thing about all the stuff that we talk about. Yeah right, yeah, it's. It's exactly like we did in the early 90s. Yeah, ignore your emails. Write down your passwords on a notebook, yeah. Uh. Don't click on pop-ups, okay, because you know what that, what happens there. It takes you someplace else, okay. This is all the stuff we used to do before the AI and don't listen to AI.

Nathan Mumm:

But I want to make a nice ice cream sandwich.

Mike Gorday:

Hey, you know that better be the best ice cream sandwich you've ever had, Because it'll be your last ever.

Nathan Mumm:

All right. Well, that was our letter segment. We thank everybody for listening to that. Hopefully you found that informational. Remember don't click on a link If you don't know where it's from. Just delete the email. If somebody really needs to get ahold of you, they'll figure out a way to get ahold of you, either through snail mail or actually get in touch with you. All right, well, that ends up our segment.

Nathan Mumm:

Now we're moving on to Mike's mesmerizing moment. Welcome to Mike's mesmerizing moment. What does Mike have to say today? All right, we talked a little bit about it, but I'm going to do the same question here. We're now the threshold of the buy now, pay later BNPL. Now I remember going to Kmart back in the olden days and doing layaway. Does anybody remember layaway and what layaway was about? Yeah, okay, so layaway was pretty nice. What happened is, if you were at JCPenney's or Kmart and so you could go to those stores, and if you really wanted that Star Wars B-Wing fighter that was there and you wanted to make sure you get it, what you could do is you could take it to the back of the counter and you could put it on layaway, and what it did is there was no additional price, but you would have to come into the store and you could make payments three or four or five or six, however many payments you needed to within a 90-day period.

Nathan Mumm:

And then after 90 days if you didn't pay it all off they would just keep the money and put the item back on.

Mike Gorday:

Yeah, but that wasn't buy now pay later.

Nathan Mumm:

That was that was. Pay now, get later. It was right now. We're in the buy now, pay later mode what's your thoughts on this?

Mike Gorday:

my thoughts on this. Okay, so I have a favorite newscaster that I watch regularly on youtube all right, and he has a really good thing to say, and this is, uh, phil DeFranco. I don't know if you know who that is, I do not, but okay, don't be stupid, stupid. Okay, that's what he says. Yeah, don't be stupid stupid.

Mike Gorday:

This is this is this is not a good thing. Okay, this is this, trapped into a non-ending system, and it takes advantage of your psychology in such a way that you, like I said earlier, it encourages more spending than you would normally do if you didn't have the money in the first place. It places you into a system which you are likely to keep spending in order to keep getting what you want, and then it keeps you on the financial hook, just like credit cards do, because credit cards, the credit card companies, have been doing this for years and years and years, and they got it down to a science.

Mike Gorday:

Because if you're just paying your minimum payment you're never, ever going to pay off that credit card. They're going to keep getting money and they don't care, they don't care if you give them 30 bucks a month, because when you multiply that by millions of people, that's a lot of money they're getting just from people just paying that minimum payment. And if you think right now they're not charging interest, just wait, just wait till you have a lot of people doing this. They're going to start charging finance charges.

Nathan Mumm:

And then you're going to have to agree to their terms and conditions. And you're already going to have money in their account.

Mike Gorday:

You're not going to be able to pay it all off at one time. Don't be stupid, stupid, there you go.

Nathan Mumm:

Okay, well, all right. Well, I appreciate that mesmerizing moment. We're going to head out for a commercial break. When we return, we have this Week in Technology, so now would be a great time, if you have some whiskey on the side, to do some simping, as we'll be doing so also, see you guys in a few minutes. Hey, mike, yeah, what's up?

Mike Gorday:

Hey, so you really like us we could use your support on Patreoncom, or is it Patreon? I think it's Patreon. Okay, patreon, if you really like us, you can like us in Patreoncom.

Nathan Mumm:

I butcher the English language. You know, you butcher the English language all the time. It's Patreoncom.

Mike Gorday:

Patreoncom. If you really like our show, you can subscribe to patreoncom and help us out.

Nathan Mumm:

And you can visit us on that Facebook platform. You know the one that Zuckerberg owns, the one that we always bag on. Yeah, we're on Facebook too. Yeah, like us on Facebook. Do you know what our Facebook page is? Tech Time Radio. At Tech Time Radio, you know what? There's a trend here it Tech Time Radio. You know what?

Mike Gorday:

There's a trend here. It seems to be that there's a trend, and that's Tech Time Radio, or you can even Instagram with us, and that's at Tech Time Radio.

Nathan Mumm:

That's at Tech Time Radio. Or you can find us on TikTok, and it's Tech Time Radio. It's at Tech Time Radio.

Mike Gorday:

Like and subscribe to our social media Like us today we need you to like us Like us and subscribe subscribe.

Speaker 1:

That's it, that's it, that's that simple and now let's look back at this week in technology all right, we're going to march 18th, 1931, the introduction of the first practical electric razor.

Nathan Mumm:

Now jacob schick's second schicks schick schick razors.

Mike Gorday:

You remember those?

Nathan Mumm:

yep, jacob schick's second commercial electric razor design hits the market. His initial attempt, released in 1929, featured an awkward layout with a cable connecting to the electric motor, the shaving head itself. Now, unsurprisingly, this model struggled to gain traction in sales. To keep his business afloat, Schick had to mortgage his home. The new design improved, though, as upon placing the motor inside the shaving head, significantly enhancing the convenience. Despite launching during the Great Depression, Schick's successfully sold 3,000 units that year for $25 each about $400 in today's market and reached 5 or 1.5 billion sales by the end of 1937, thus pioneering the electric razor industry. Now, are you an electric razor guy or are you a manual razor guy?

Mike Gorday:

I use an electric razor nowadays. Okay, same, I just don't have enough going on.

Nathan Mumm:

Going on that. You need to worry about anything else.

Mike Gorday:

And plus if you use manual razors, they are ultra expensive.

Nathan Mumm:

It does get expensive and I always end up cutting myself just a little bit. You know what's funny? What's that?

Mike Gorday:

I swear, one of the funniest things that is happening in my lifetime.

Nathan Mumm:

Yeah.

Mike Gorday:

We are going back to the way things used to be in order to save money. So now you can get online and you can get these old shavers that don't cost that much and they're exactly the same things my grandfather used to shave with.

Nathan Mumm:

Yeah, the straight line type of deal.

Mike Gorday:

Yeah, you buy the blades and you manually stick it in this razor and you use it and you get the blades now for pennies on the dollar instead of $80 on the dollar.

Nathan Mumm:

So we're all going back.

Mike Gorday:

We're all moving backwards as we move forward. It's funny.

Nathan Mumm:

That's right. Well, that was this Week in Technology. If you've ever wanted to watch some Tech Time history, with over 230-plus weekly broadcasts spanning for our four-plus years, we have videos, podcasts and blog information all available at techtimeradiocom. Now we're going to take a commercial break. When we return, we have Mark's mumble whiskey review. See you after this break.

Speaker 6:

Hello, my name is Arthur and my life's work is connecting people with coffee. Story Coffee is a small batch specialty coffee company that uses technology to connect people to each product resource, which allows farmers to unlock their economic freedom. Try our Medium Roast Founder Series Coffee, which is an exotic bourbon variety that is smooth, fresh and elegant. At StoryCoffeecom that's S-T-O-R-I Coffeecom. Today, you can get your first bag free when you subscribe at StoryCoffeecom with code TECHTIME. That's S-T-O-R-I coffee dot com.

Speaker 1:

The segment we've been waiting all week for Mark's Whiskey Mumble.

Nathan Mumm:

Hey, you're dancing out over there, all right.

Mike Gorday:

Do you think old boy over here was a little off the mark?

Marc Gregoire :

He's been drinking a little bit. We just went and did a time warp. It is really April 15th.

Mike Gorday:

Not March 18th buddy.

Marc Gregoire :

Somebody forgot to update their script from a month ago.

Nathan Mumm:

I saw it there, it was March.

Marc Gregoire :

What are we celebrating today, on April 15th? Not tax day.

Mike Gorday:

No, no, no, I celebrate tax day every year. Oh, do you Talking it out, mike?

Marc Gregoire :

Today is your day. I've been picking on Nathan but, today is your day, all right.

Mike Gorday:

What is it? Why is it?

Marc Gregoire :

my day. What is it? It's National that Sucks Day.

Nathan Mumm:

Oh.

Marc Gregoire :

Oh, that's every day. So this was created by an American web content producer who rightly observed that the date on which the holiday is observed today, April 15th, is quite notable for several unfortunate events and occurrences. Okay, two of the most notable tragic events associated with April 15th are Tax Day. Well, that wasn't one of them, but yeah, that's a good point. Okay For in the US.

Mike Gorday:

Oh, the sinking of the Titanic. Titanic, oh, I knew that.

Marc Gregoire :

And the day Abraham Lincoln died, oh was shot, huh.

Nathan Mumm:

Or is it the day he died, or was he shot? He died, okay.

Mike Gorday:

Okay, so yeah, that makes a lot of sense. This is National Suck Day. It is National Suck Day, yeah.

Nathan Mumm:

Oh no, what was that? That was your.

Mike Gorday:

Oh no.

Nathan Mumm:

That's your clip from your thing. Is that my clip? That's your potato, potato, tomato, tomato, whatever that one is, whatever.

Mike Gorday:

Pecan, pecan, tomato, tomato.

Nathan Mumm:

There you go All right, okay, all right. You know what? Odie has? A whole bunch of sayings. We're going to create the best albums of Mike's.

Mike Gorday:

Where's the Hooked on Phonics one?

Speaker 6:

I haven't heard that in a long time.

Mike Gorday:

Hooked on Phonics worked for you, didn't it? If he?

Marc Gregoire :

releases. This might be bigger than a William Shatner or Leonard Nimoy album. Uh-oh, what Remember when they did their speaking album.

Nathan Mumm:

Oh yeah, have you finished Center Seat?

Marc Gregoire :

I'm going to drink more stuff, the documentary, almost. No, I got two episodes left, okay.

Nathan Mumm:

Did you find interesting the Rathacon episode? Did you find that interesting? Wait, wait, wait, hold on, hold on. I don't care what's that?

Mike Gorday:

Let's get back on it being National. You Suck Day. Okay, alright. Back to Mike's day Alright.

Marc Gregoire :

So I am celebrating today with you, mike, by bringing in this whiskey Now. Overholt is a historic rye whiskey brand that originated in Pennsylvania.

Speaker 6:

This doesn't suck.

Marc Gregoire :

Well, we'll get to that.

Mike Gorday:

Okay.

Marc Gregoire :

Where the rocky soil favored the rye grain and helped establish the state's reputation for quality rye whiskey. In recent years there's been a push to formally recognize Pennsylvania rye defined as being made in the state with at least 50% rye grain Originally produced in Pennsylvania. Overholtz production moved to Kentucky after Beam's acquisition in 1987, along with a mash bill change that added corn originally. The release of A Overholtz Straight Rye here aims to restore the brand's traditional roots by removing the corn and returning to its original style mash bill, although it is still aged and distilled in Kentucky. Now I am not a fan of this whiskey, but partly because it's 20% malted barley and that's my threshold that shuts down my taste buds.

Speaker 4:

Do you?

Marc Gregoire :

know anything that's 20% or over on malted barley. It's just not my personal taste. It's nothing against the whiskey in particular, it's just me. Okay on this flavor. Okay now, I did put this in a cocktail and my wife asked me never to make anything with this for her again, what with this particular eye.

Marc Gregoire :

So it's not her style either. Okay, um, finally, it's a little young, it's complexity and it is a bit underproof for what it is. But if you just want an easy sipper that combines kind of that single malt flavor with a rye spice, this would be for you.

Marc Gregoire :

Oh man, I can tell you this is for me, so that's why, when I talked to Mike before the show, I thought he's either going to love this or hate it, because he's been a big uptick on rye and he's always enjoyed single malts and this is kind of blending those two in one.

Mike Gorday:

Yeah, that makes sense, and it wasn't far off the mark.

Nathan Mumm:

All right, well, whiskey and technology are a great pairing just like peanuts and popcorn and the invention of Cracker Jacks.

Marc Gregoire :

Oh, come on Really. Oh, that's another thing that sucks. What? Oh, come on Really. Oh, that's another thing that sucks. What's that Cracker Jacks? I can't eat Cracker Jacks.

Nathan Mumm:

Why that does suck. They used to get a toy in it. Now you only get a sticker. What's that? They used to give you little toys in there, but then I guess people are swallowing these plastic toys from China and they're probably okay.

Mike Gorday:

Yeah, leave it up to people to mess up the things we love to do, that's Do you even know what Cracker Jacks is Do you know what Cracker Jacks are, Odie.

Nathan Mumm:

No, look at that. That's the stair lick of no.

Mike Gorday:

She's going to now Google it during the office, take me out to the ball park.

Ody:

I've definitely heard the term. I don't think I've ever had them though it's a box.

Marc Gregoire :

Don't go looking for it, there you go.

Mike Gorday:

All right, is it still on? Is it still?

Nathan Mumm:

on yeah, there's some, okay, there's some. I haven't seen it in like years and years, let's prepare for our technology fail of the week. Congratulations, you're a failure.

Speaker 7:

Oh, I failed. Did I yes, did I yes.

Nathan Mumm:

All right. This week's technology fail comes to us from fake news cited on all major outlets that came from an ex-post.

Nathan Mumm:

You mean Twitter, well, or Twitter, yeah, or Twitter, however, it depends on who's talking about it. Now I actually felt for this myself. I actually was in conversations with people thinking that this was real. So here's what happened A false ex-post paused tariffs.

Nathan Mumm:

It said that President Trump paused tariffs led to a multi-trillion dollar market swing. Now the multi-trillion dollar market swing. Now the multi-trillion dollar market swing on Monday. No, it was on Monday. It appeared to have set up false reports from Elon Musk. X experts said uh, highlighting the endurance uh factor.

Nathan Mumm:

What happened is at 8 30 AM, the national economic council's Kevin Hassett was asked during a live Fox news interview whether President Trump would consider a 90-day pause to the sweeping tariffs he imposed on many countries last week. Hassett responded I think the president's going to decide. What the president is going to decide Now. X then took this and morphed it into a bogus headline that Trump was considering 90-day pauses on tariffs on all countries except China. Now it appeared on an account called Hammer Capital was the first to share the false report about 10, 11 am, and the account then had 1,000 followers and it had, of course, a blue verification badge.

Nathan Mumm:

So everybody thought it was real. Now other people picked it up and soon, all of a sudden, you had Reuters, cnbc, cnn and all the major news outlets running with this headline. Now, interesting is, the New York Stock Exchange trading firm had this information also and all of a sudden there was a big, huge influx of the market moving upward, not downward with this information. But then all of a sudden, the White House denied the report. Reuters and CNBC soon backtracked they actually ended up removing it, and then, all of a sudden, the market tended to trend down Did it plummet.

Nathan Mumm:

It did so. It had gained $2.4 trillion by that time at 10.08 am, and then it fell back to normal closing. By that time at 10.08 am, and then it fell back to normal closing. So, by having a fake AIX tweet, you had information that affected our global economy to the tune of $2.4 trillion.

Mike Gorday:

You know, I worked in the financial field back in the 90s, back before the Internet, in the 90s okay, and we used to talk about how funny it was to see how human behavior affected the markets.

Marc Gregoire :

Yeah.

Mike Gorday:

This is a really good analogy. Well, yeah, it's not an analogy, but it's a really good example.

Nathan Mumm:

So I thought it actually happened too. I started texting some people saying, yeah, it's really great that this tariff happened, and now it's on pause, and now we're not going to have to worry about it, everything's going on. And then we had a whole bunch of conversations with a bunch of other people oh yeah, that's great, it's on pause. And then we all found out it was fake. All right, you know what? Speaking of some fake information, uh, I was just at a security conference and we're going to talk about that on our Nathan nugget.

Speaker 1:

This is your nugget of the week.

Nathan Mumm:

All right, so here's what my nugget. I just returned from a security conference in Florida. Now we're talking to be talking about. Everything at this conference was was very interesting. We had deep fakes all over everywhere. Taylor Swift, Muhammad Ali all attended our conference and full getup. Taylor Swift was asking questions and responding to questions about security she's very smart to. Muhammad Ali was talking about his upcoming boxing match that he's going to have and all of it seemed awful real, except for Muhammad Ali is no longer around and Taylor Swift did not join us. These were all done by real live action AI taking and morphing in information that was out. There Was somebody behind the main stage listening to the questions and relating to the organization that was there. It's called Know Before KB4Con event that I was at and it looks so live that you would not think it was fake.

Mike Gorday:

I'm going to put you on the hot seat again. We talk about this stuff all the time and you're always like AI is so awesome, ai is so this and so that, and then you go to one of these things and this happens to you. Does that even change your mind at all?

Nathan Mumm:

So, here's the thing that I learned, not really Muhammad.

Mike Gorday:

Ali, come and talk to me. That would be like, yeah, that's fake. Yeah, right, but having Taylor Swift.

Nathan Mumm:

Taylor Swift even knew how the weather was. She knew what we had for breakfast. I mean, she was.

Marc Gregoire :

This all makes sense. When you came back from the conference you were so down and disappointed you didn't really get to meet. Taylor Swift Is that what it?

Nathan Mumm:

I'm not Swifty. Are you a closet?

Marc Gregoire :

Swifty no.

Nathan Mumm:

I'm not a closet Swifty at all, so here's what we got from this conference. So it's very interesting, because all these people pretty much said the government's not going to help you. Best of luck, you better figure out how to do it on your own. And if you don't, guess what, you're going to have to pay millions and millions in fines. But this is their solution for video conferencing and deep fakes for your company to create a secret passcode like a kid code back in the nineties. We're going to go all the way. Back in the nineties, when I used to play outside, my parents said hey, if anybody offers to give you a ride home or anything, like that stranger danger.

Mike Gorday:

Is that what you're bringing into this? We're going back again.

Nathan Mumm:

So we had a kid code. So now what they're saying to do this, to make sure that you don't get deep faked by any video conferencing software that's out there, whether it's zoom or whether it's Microsoft teams that your company should establish a code word. And every time that you have a video conference, if they're not able to turn on the video camera, and even if they are, and you're concerned that you share your company's code out so that everybody knows that it's actually you, what do you think?

Mike Gorday:

Banana, banana, that's your code word. Okay, all right. Well, I think we should, I think we're I think we're ending the show.

Nathan Mumm:

I think we are. I think we should create an app that has these special codes. I don't there isn't anyone on the market yet. I was just thinking there the whole time. We should create an app, your whole company signs up.

Mike Gorday:

What to give you a safe word?

Nathan Mumm:

Yes, I'll have a safe word and then you can have it like a two-factor authentication. Add it to Mike's. I'll be Platypus Soup. Okay, platypus Soup. I won't be the other soup. You're guys going to say what do we have here?

Mike Gorday:

Oh, this is definitely a thumbs up for me.

Nathan Mumm:

A thumbs up for you. I'm going to say definitely a thumbs up. What are we tasting again, Mark?

Marc Gregoire :

Oh my goodness, this is A Overhold. Monongahela Mashed Straight Rye Whiskey from Jim Bean, four years, 95 proof, $40. Okay.

Nathan Mumm:

All right, yeah, absolutely thumbs up. I think that was fantastic.

Mike Gorday:

I like the flavor profile.

Nathan Mumm:

I do too For $40?. Yeah, that's going to be. I may move that on my second shelf, not the top shelf.

Mike Gorday:

Yours is the cost and the whole cool screw cap, not a screw cap. You see, my Travelers is up there on my shelf, that's on my second shelf.

Nathan Mumm:

You need a whiskey. Chris level shelf. All right For all of us here at Tech Time Radio. Remember the science of tomorrow starts with the technology of today. See you next week. Bye-bye.

Speaker 1:

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People on this episode

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Nathan Mumm

Host
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Mike Gorday

Co-host