This episode explores the impact of tariffs on the auto industry and the evolving landscape of search engines in the age of AI. Against the backdrop of a 25% tariff on cars entering the US, the hosts discuss the varying effects on different automakers, with some experiencing significant losses while others, like Tesla, see gains. More significantly, the conversation delves into the challenges faced by auto manufacturers in providing accurate quarterly guidance amidst the uncertainty surrounding tariffs. As the discussion pivoted to the rise of AI chatbots like ChatGPT, the hosts analyze Google's response, including the reassignment of engineers to generative AI projects and a shift towards voice and visual search. For instance, the potential for Google's core search business to be disrupted by AI-powered alternatives is examined. In contrast, the hosts also discuss Robinhood's expansion into banking and other financial services, highlighting its potential threat to traditional RIAs and the questionable practicality of its cash delivery service. Ultimately, the episode reflects emerging industry patterns in both the auto and tech sectors, emphasizing the need for adaptability and innovation in the face of disruptive technologies and economic uncertainty.
