'The Audacity' Is the Broligarchy Fall You've Anticipated

‘The Audacity’ Is the Broligarchy Fall You’ve Anticipated

“Cheaters never face defeat, and those who lose never resort to cheating.”

This perverse guidance is what ultra-wealthy tech CEO Duncan Park (Billy Magnussen) imparts to his teenage daughter at the conclusion of the second episode of The Audacity, the incisive new AMC series examining the sociopaths in Silicon Valley, debuting April 12. It’s abysmal parenting, yet it encapsulates the rhetoric of Duncan’s specific universe: It may seem ingeniously counterintuitive but is utterly misguided—a flawed notion spawned by a privileged mediocre striving to be perceived as brilliant.

Duncan embodies a well-known archetype. At this point, numerous films and television shows satirize and critique the One Percent as they devise increasingly contemptible methods of treating their peers and subordinates. Jonathan Glatzer, the creator of The Audacity, also served as a producer and writer for Succession, whose viewers will find similar excitement here.

In a similar vein, Mike Judge’s satire of startups Silicon Valley may come to mind when someone on the streets of Palo Alto insults Duncan for driving a Hummer, and he defiantly replies, “It’s an EV! I’m part of the solution! Bitch!”

However, within Glatzer’s tale, paired with Magnussen’s explosive portrayal, there emerges something perhaps fresh and distinctive. Could this mark television’s inaugural genuine broligarch?

Duncan dons the puffer vest that has been the industry standard for years, although his Zoomer haircut mirrors the younger demographic aligned with Elon Musk’s DOGE. When a significant deal for his company, Hypergnosis, with an Apple-like conglomerate falls through, he schedules a session with an on-demand ayahuasca shaman. He becomes offended when a diagnostic indicates he is neurotypical—he had always presumed he was on the spectrum. In his childishness and overstepping bounds, his conviction in market manipulation as the rational approach to business, and his intensifying doubt that his deceased ex-partner aided his ascent, Duncan embodies the crisis of masculinity prevalent in American billionaire culture.

In contrast to some of its forerunners, The Audacity emphasizes the human toll resulting from this volatile blend of emotional ignorance and vast power.

Central to the narrative is a high-stakes complication between Duncan and his therapist, JoAnne Felder (Sarah Goldberg of Barry acclaim). One might anticipate a familiar scenario akin to Tony Soprano and Dr. Melfi, with the unhealed narcissist unloading his issues on a professional hired to care. Nevertheless, convinced JoAnne might divulge damaging details about his business tactics, Duncan coerces an employee to utilize an AI surveillance platform to spy on her and discovers she is engaging in insider trading during her sessions with high-profile clients.

Both Duncan and JoAnne have significant concerns aside from the rapidly intensifying blackmail plot. Their children, for example. Duncan’s status-obsessed wife is pressuring their daughter to attend Stanford despite her lackluster credentials, while scolding her for eating. JoAnne has recently reconnected with a painfully shy son who barely knows her. With the parents absorbed in their game of cat and mouse, the children are left lost in a cutthroat private school where suicide is a common topic.

This is one of the many ways The Audacity addresses the repercussions of permitting individuals like Duncan to steer the world. It’s not solely about mergers and acquisitions here—in fact, money often plays a secondary role, except in how he believes it entitles him to destroy or manipulate at will. Lacking those resources, JoAnne quickly obtains a handgun, not greatly exaggerating the desperation of someone burdened with student loan debt in contrast to a Fortune 500 executive.

‘Eerie Chasm’: Iran’s Menaces Against US Technology, Trump’s Midterm Strategies, and Polymarket’s Temporary Failure

‘Eerie Chasm’: Iran’s Menaces Against US Technology, Trump’s Midterm Strategies, and Polymarket’s Temporary Failure

Kate Knibbs: So, you went there twice?

Makena Kelly: Yes, Kate. I went there twice.

Kate Knibbs: I missed that detail.

Zoë Schiffer: Hold on, is the Pentagon Pizza thing a joke about the pizza foretelling the war?

Makena Kelly: Yep.

Zoë Schiffer: Oh, my gosh.

Makena Kelly: Because they had these Pentagon pizza trackers set up. When I returned the second night, most things were running. Some displays were still off, and I didn’t spot any real Bloomberg terminals. There were a few self-made monitors that looked like Bloomberg terminals, but there was no authentic $50,000 Bloomberg terminal around. The second night was again crowded with people eager to witness the event, though I did run into a couple of individuals who wagered on sites like Polymarket and Kalshi. One of them, William, claimed he was in the military but didn’t provide his full name. He began betting last year with all his tax refund on Oklahoma City sports wagering.

Makena Kelly, archival audio: So, you’ve used Kalshi?

William, archival audio: Yes.

Makena Kelly, archival audio: When did you first start using that service?

William, archival audio: Probably when I got my tax refund back.

Makena Kelly, archival audio: Got it.

William, archival audio: So, I filed my taxes early and thought, “Awesome, I got my tax refund. What should I do with it?” So, I chose to put it on Kalshi.

Makena Kelly: He noted he’s fluctuating by $100 but hasn’t scored any big wins. Unlike some tales of people making enormous insider bets and winning millions, he’s just in it for the enjoyment.

Brian Barrett: Kate, what’s your take on a pop-up like this and Polymarket’s intentions—is it a move to legitimize or just a promotional strategy? And how does it align with these companies’ rapid growth and their effort to attract a wide audience?

Kate Knibbs: This event clearly appears to be a strategic effort to appeal to journalists based in DC. One observation Makena made encapsulates the current situation—the individuals in the Palantir hoodies. The week this bar launched, Polymarket announced a collaboration with Palantir, who will assist them in ensuring the integrity of their sports market by identifying insider traders and market manipulators. I inquired with Polymarket last week if they had additional agreements with Palantir while investigating the Iran bets that are stirring up a lot of attention. They stated Palantir is only involved with sports, which seemed peculiar. It indicates how rapidly they’re growing, but in a chaotic, rushed manner that doesn’t seem coherent. If you’re engaging Palantir, why not use them for geopolitical issues instead of March Madness? Truly wild times.

OpenAI Secures Tech Talk Show ‘TBPN’—and Benefits from Favorable Coverage

OpenAI Secures Tech Talk Show ‘TBPN’—and Benefits from Favorable Coverage

OpenAI announced on Thursday that it has acquired the online business talk show *TBPN* for an undisclosed sum. This move comes in response to the challenges OpenAI has recently encountered regarding its public perception.

Since its launch in 2024, *TBPN* has garnered attention in Silicon Valley by offering a daily livestream centered on the tech sector, viewed as more favorable towards technology than conventional media. Hosts John Coogan and Jordi Hays provide up-to-the-minute news analysis, review trending social media content, and interview executives from companies like Meta, Salesforce, Palantir, and OpenAI. It has gained particular popularity among OpenAI staff and other AI researchers, many of whom are active users of the social media platform X.

The acquisition prompts inquiries into how a media startup fits with OpenAI’s core functions of promoting ChatGPT, Codex, and a forthcoming super app. In March, OpenAI’s applications CEO, Fidji Simo, indicated that the organization should discontinue side projects and concentrate on its main activities.

In a staff memo regarding the acquisition, Simo claimed that ordinary communication tactics do not apply to OpenAI. “We’re not a typical company,” she mentioned in the memo, which was released as a blog post. “We are initiating a significant technological transformation. With the objective of delivering AGI to the world comes the obligation to cultivate an environment for genuine, constructive discussions about the advancements AI induces—centered around users and developers.”

*TBPN* is a relatively small operation in comparison to OpenAI. The media entity reported $5 million in advertising revenue last year and anticipates over $30 million by 2026, as per The Wall Street Journal. The show is said to draw around 70,000 viewers per episode across various platforms. A source familiar with OpenAI noted that the company does not expect *TBPN* to be a financial contributor, but it supports OpenAI’s communication approach.

OpenAI has been facing increasing public scrutiny recently. Following a February deal with the Department of Defense, Anthropic’s Claude experienced a spike in downloads, becoming the top free app on Apple. OpenAI’s leadership is also tackling the growing QuitGPT movement, comprised of individuals vowing never to use OpenAI’s offerings. OpenAI president Greg Brockman cited the challenges posed by AI’s popularity as a significant reason for his increased political spending.

This acquisition situates OpenAI among recent efforts in Silicon Valley to manage news enterprises. Over the past decades, tech giants have acquired media outlets, including Jeff Bezos’s purchase of The Washington Post, Marc Benioff’s acquisition of Time magazine, and Robinhood’s takeover of the newsletter company MarketSnacks. Such acquisitions often raise immediate concerns about the independence of the outlets. Simo reassured employees that *TBPN* would retain its editorial freedom.

“My favorite tech show is *TBPN*. We want them to keep excelling in what they do best,” OpenAI CEO Sam Altman posted on X. “I don’t expect them to be easier on us, [and I] will likely contribute to that with occasional whimsical choices.”

OpenAI affirmed that *TBPN* will maintain autonomy regarding its programming, guest selections, and editorial decisions, according to Simo’s memo. It also indicated that *TBPN* would report directly to OpenAI’s VP of global affairs, Chris Lehane. WIRED previously uncovered challenges faced by an economic research team under Lehane in addressing the adverse economic effects of AI.

Wall Street Struggles with AI Hysteria

Wall Street Struggles with AI Hysteria

Before the prior week, very few were familiar with the name Alap Shah. The 45-year-old financial analyst and technology entrepreneur had been laboring quietly for two decades. Then, over the weekend, he co-authored a blog with the research company Citrini titled “The 2028 Global Intelligence Crisis.” It was a speculative article discussing the repercussions of artificial intelligence, predicting that by June in that year, AI would elevate unemployment beyond 10 percent and result in considerable market downturns. With a self-assured, prophetic style reminiscent of a Michael Lewis narrative, the authors depicted a negative feedback loop: AI agents displace jobs, consumer spending declines, and firms resort to perpetual layoffs.

Much of the content was familiar territory. Tech figures like Anthropic CEO Dario Amodei have already stated that half of the entry-level white-collar positions will disappear shortly, and Anthropic’s launch of new AI tools earlier this year brought about a sell-off on Wall Street. Nevertheless, the report made a substantial impact, coinciding with a significant drop in the Dow. Alap Shah’s name received unexpected notoriety.

Upon closer inspection, however, the reaction is not as remarkable. Similar to the general public, Wall Street is extremely worried about AI, with minor provocations causing considerable market fluctuations. Financial markets don’t always mirror reality, but these reactions highlight a broader anxiety. The AI future, reminiscent of a William Gibson concept, is unevenly distributed, leading to thrilling yet disconcerting developments.

No one completely grasps AI’s economic influence, but it is destined to be significant. Currently, stock values are elevated, encouraging market hopefulness. However, ominous reports or studies suggesting potential AI-induced disruptions remind investors of the unresolved and urgent issues at play. For example, earlier this month, a small company shifted from selling karaoke machines to AI logistics and released a report on enhancing truck loading efficiency, resulting in major losses in key logistics stocks, none of which had any prior connections to karaoke.

Following its effect on Wall Street, the Citrini report faced considerable backlash. Critics quickly pointed out its flaws. Some contended that AI has not yet had a meaningful effect on the economy. Others referenced historical resilience after technological advancements. A satirical response from Citadel Securities dismissed the report’s conclusions by outlining improbable conditions under which AI could instigate a lasting economic shock.

The most intense criticisms targeted the report’s claim that much of the economy is composed of unproductive middlemen and market makers exploiting public complacency. Shah argued that AI agents will enable consumers to effortlessly find the best deals, rendering apps unnecessary. He pointed out that DoorDash represents this transformation; consumers could circumvent apps, employing AI agents to directly arrange meals from restaurants and delivery services, resulting in a seamless experience. The implication is that companies like DoorDash are essentially comparable to outdated trends.