Today’s episode spans major developments in media consolidation, national AI policy, and the massive energy demands driving the next era of computing. Alex and Morgan unpack Paramount Skydance’s surprise decision to launch a hostile, all-cash takeover bid for Warner Bros. Discovery at $30 per share, a direct attempt to derail WBD’s recently announced deal with Netflix. The move sets up an intense corporate showdown that could reshape the entertainment landscape and determine who controls some of the world’s most valuable film and television assets.

The hosts then turn to the political front, where President Trump is pushing a sweeping “One Rule” Executive Order for AI, designed to unify federal oversight and prevent individual states from creating their own regulations. Supporters argue this approach accele ...