This Impact Theory episode interviews Shane Smith, founder of Vice, focusing on the erosion of shared facts and the resulting impact on media and politics. The conversation explores the challenges of discerning truth in a post-truth world, contrasting the pursuit of objective facts with the entertainment value of political narratives. Smith discusses his experiences at Vice and his current show, highlighting the lack of bipartisan cooperation and the influence of social media on shaping public perception. A key takeaway is Smith's observation that the perception of truth, rather than objective truth itself, often dictates political outcomes, exemplified by the debate surrounding immigration policies. Listeners gain insights into the complexities of modern media and the challenges of navigating a highly polarized political landscape.