What does the future hold? Glenn talks to entrepreneur and angel investor Jason Calacanis

February 13, 2015

Writer

Does college matter? What happens when 50% of current jobs disappear? What does the future look like? These are the kinds of questions that people across the country need to be asking, but many don't even know where to start looking for the answers. To help fix that problem, Glenn has started to seek out strange bedfellows, many of whom are on the cutting edge of shaping the future. Jason Calacanis is an angel investor, entrepreneur, and blogger. He knows better than most what the future holds, and more importantly how to prepare.

Start listening to the interview at 1 hour 36min into today's podcast:

Below is a rush transcript of this interview

GLENN: This is crazy. I don't want to make this about politics. I want to make this about the future. Does college matter really? Or is it what -- how you learn to think and can you remain nimble enough in your thinking. I don't want someone who's gone to college and just learned how to think in a box. If you can go to college and learn to think outside of the box, great, but too many times college is making you just draw this straight line that everybody is going down. The world is not like that anymore. We have Jason Calacanis on. He is really the father of the blog. He started one of his web logs back in -- I don't know when. Sold it to AOL for $30 million in 2005, and he's an angel investor, has been investing in some of the greatest new technology around. And he also runs something call This week in start-ups. He's also one of the biggest entrepreneurial festivals that go on called Launch Festival, and Launch Festival happens in march. I am actually going to speak there in San Francisco. 10,000 entrepreneurs come to this, and think out of the box.

So I wanted to start with Jason there. Does college matter in the future to the extent of you would be concerned about someone who didn't finish college?

CALACANIS: Great question. Thanks for having me, Glenn. One of the major issues is the value proposition. $10,000 for four years or $20,000 or whatever you paid and I am a little younger than you, maybe $30,000 for four years for me, as a product of Fordham University.

One year salary. Maybe it seems like an okay thing it would for a couple of years, as you mature, but do go into debt, the equivalent of five year's salary, no, makes so sense. Then if you look at what truly matters in the world, to make it today, a combination of skills that are in demand, that go out of demand probably every five, ten, 15 years for some of these very specific skills, programming a specific computer language, using a specific peat of design software. What you need to have is grit, ethics, morality, leadership and resolve. When I look at entrepreneurs, people always ask me hey, how did you pick Thumbtack or Uber or some of these? I said I picked the individuals, not the ideas. If you look in someone's eyes and you can feel the passion and you can hear the logic and the decision-making and problem-solving they approach a space with, whatever the space happens to be -- for you, it would be media. For me, it would be angel investing -- their approach and resolve and problem-solving leadership ability, these are the things that matter. We have to re-optimize the school systems for those things and even if we do, the fact is, we are going to live in a world with much less employment and that's going to be a scary thing for everybody, independent of party mines, so I know this show gets a little political at times, but when you look at just the world and the flattening of the world, which means hey, everybody is going to trend towards the same arrow we wage at some point, and that is happening, and there's too many workers in the world, we are going to live in a negative job economy.

GLENN: What does that mean? I was just talking to my son last night. He's 10. We were talking about great cars. I said when you are my age, you will tell your kid, when they are your age now that you remember when your dad drove cars, and you drove a car, but you probably won't -- you may live in a world where you are not allowed to drive a car anymore. And as I was having this conversation, what I really wanted to say to him -- and by the way, it will be a scary world, because by the time you get out of college, if you go, 50% of all the jobs that are currently available, are going to be gone. I can say that, but I don't know what that really looks like. What does that mean, that we are going to be in a much more jobless world?

CALACANIS: You can see what it looks like. If you go to the Middle East, if you go to some of the underperforming European countries, referred to as the pigs, perch gal, Italy, Greece, Spain, and you see what happens when 20-something-year-old males hit 20, 30, 40% unemployment, it means riots in the street. And it could mean people hanging out, drinking coffee all day, getting a stipend from the government, looking for somebody to hate for their lot in life. And having a lack of purpose in life is dangerous. Those are the people who can get picked up presently easily by people who are using religion Todd bad things in the world and drugs and just whatever?

GLENN: So who is doing anything on that?

CALACANIS: Very interesting question. Now you are getting to the heart of it, which is hey, we have a lot of rich people in the world, right? Polarization of wealth is happening. What do the billionaires think? What do the people in true power think, the people running these huge companies? They are staying up late about it. I have had many after night thinking about this issue, and there are some creative solutions. I think we will work it out and we'll be in a beautiful world in the future. What's going to happen, we'll have to-start thinking of creative solutions. I am kind of against this as a workaholic, group up with an Irish-Catholic for work ethic, we will move to a four-day work week. If you give everybody three days offer, we have created 20% more employment on a mass basis. Another one, double the number of teachers, double the number of health care workers. And you do that, then the number -- amount of time they each have to have with each of the people that are working with would double or triple. Those would be good things for society. Of course, if you say anything creative like that in the environment that we live in -- and you are part of that environment as someone who talks about this at stuff -- you have to be careful. If I said that, oh, you are a socialist. I would say I don't know what you mean by that word in this context N 2015, but the world is moving awfully quick. When a lot of people are under employed and you see Operation Wall Street, that was like our little preview of what happens when a group of people gets disenfranchised. That was a completely ad hoc poorly run organization. That's why none of us are thinking about it all that much today, but they had a great moment in New York -- I mean effective. I'm not endorsing it necessarily -- but they went to Bloomberg's house, put 30, 40 people out of his town house and started protesting. When that happens, someone like Mike Bloomberg will be like if you are taking it to my front porch and I have to deal with this, okay, that four day work week thing works well. Or let's think about -- the really scary one, which I was dead set guest, now I am kind of starting to think about, is minimum income. This is a super-interesting --

GLENN: Whoa.

CALACANIS: I know you are thinking -- what minimum income means is cancel all the social programs and just give everybody innocent country $1,000 a month. If all the social programs -- we have 300 million people, equals this amount of dollars, just give everyone $1,000 a month. Then, rich people get it too. Everybody gets it. You could probably waive it or something, but at least your rent and your health care, whatever would be paid for. Not necessarily endorsing its, but if we got to 40% unemployment and had to figure out what to do with everybody, oh, my God -- this is probably at the end of our lifetimes.

GLENN: This is -- I will tell you, this is something we do -- this is the kind of thinking that I think middle America needs to start hearing. Instead of just hearing the stat, there's going to be a loss of 50% of jobs buy the year 2025, someone has to start talking about what does that really mean. What does that look like. And what do people do? Because that's the -- what's happening right now, I think we are being led by the elites, and it's because nobody is talking about this with regular people. So they just -- we are just fed this technology and just like oh, we have this technology, but no one is thinking about the ethics of it, no one is thinking about the consequences of it, no one is thinking about what it means when it starts to punch in and what it means for our children, my child, who is 10, when they are 25. What does the world look like? Not the way it looks now.

CALACANIS: It will be completely different. If we put ourselves back in time when we were kid, 40 years ago, 50 years ago, whatever it might be, the idea that you didn't work for one company for your entire life and pick that company and get a gold watch an get a pension would be terrorizing, but we don't have pensions today and we don't stay with the same company. There's upside as well. You could go out on your own and be like I don't want to work for a big network or big radio conglomerate. That's the freedom you have got front this unbundling of society and moving away from the control state, where you have this limited number of options. The unbundling -- and you having all this freedom to do whatever you want, the Internet and technology treeing you also means that yeah, the old structures are gone. The unions are gone. We have to have this many people build a car, because a union person said that's how many people its takes to build a car, as opposed to an expert telling us. That's changed.

GLENN: The real challenge here is, if you really do have freedom and the state is not in control of everybody's health, insurance, information, and they have clamped down as a totalitarian state to keep control, then I think we have a chance. But I'm afraid of the growth of the state at the same time, because while people don't like to lose power, governments certainly don't like to lose power.

CALACANIS: One of the things -- I think that interesting is the technology industry -- not endorsing, where observing -- kind of taking over the government and having a big say, just like some of the big industrial companies did for the last 100 years. So Megan Smith previously worked at Google. I'm friendly with her. You will see Sheryl Sandberg, COO of Facebook, I think you will see her take a cabinet position in Hillary wins, which looks like she's got a pretty good shot. And so I think you are going to see the technology industry be very involved in government more.

GLENN: Which I have to tell you, scares --

CALACANIS: We're coming.

GLENN: I know.

CALACANIS: We have the money to pay the politicians.

GLENN: I know.

CALACANIS: You know how this thing works.

GLENN: I do. And the idea that it becomes cozy bed fellows with everybody having a back door is really disturbing. The NSA is very disturbing.

STU: Can I ask a more important question here? How the hell did you get the Twitter name @jason?

CALACANIS: Good story. I'm at brunch with my friend Evan and Biz Stone. He created a blogging company. And I was in blogging. And he said look. Biz will tell you he's -- I will tell you I'm having the oatmeal, and you tell everybody you are having the pancakes. The SMS -- it was all SMS-based at that point -- shows what you had.

I looked at him and said Evan, you are going backwards in your career. Look, you took this post and got rid of the blog. Do you realize every idiot in America is going to start telling us what they think in a -- can I curse on this show? I was about to say the F word. It's not even a full sentence. It's a fragment. This is going to be a cacophony of idiotcy. I would never invest in something with a name such as Twitter. That's when you learn nobody knows. And if you think you know, you don't. Therefore --

GLENN: I would love to have you on again. I would love to -- in San Francisco, it should be quite interesting with two of us in San Francisco, taught about what future holds. Thank you so how much. Jason Calacanis. Launchfestival.com is the web site and thisweekinstartups.com.

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4 ways Biden is SABOTAGING Trump on his way out of office

ROBERTO SCHMIDT / Contributor | Getty Images

President Biden has less than a week left in the White House, but that doesn't mean he's down for the count quite yet.

Next Monday, January 20th, President-elect Trump will be officially sworn into office, marking the beginning of his second term. But after such a bitter and contentious election, the Democrats aren't ready to roll over. Instead, they have been working around the clock to ensure that Trump will face as many obstacles and challenges as possible the minute he is sworn in. These political landmines are designed to sabotage his presidency—at the cost of the well-being of the American people.

Biden's job approval rating currently sits around 38.7 percent, one of the lowest approval ratings of any president, he has nothing to lose from these reckless ploys. Here are four ways Biden and the Left are trying to sabotage Trump:

Pardoning criminals

Andrew Harnik / Staff | Getty Images

In November, President Biden customarily pardoned the Thanksgiving turkey ... along with his son Hunter and dozens of other controversial criminals, including 37 felons on death row. Hunter's 11-year-long blanket immunity sets a dangerous precedent for future presidents, and we may never know the full extent of the Biden family's crimes and corruption.

Destroying U.S. energy

J. David Ake / Contributor | Getty Images

Biden has made several moves that have damaged America's ability to produce its energy independently, including canceling the Keystone XL pipeline on his first day in office. Earlier this month, Biden signed another order that has dire consequences for the energy sector, effectively blocking any new drilling off the U.S. coast indefinitely. This not only further kneecaps the U.S. oil industry during a time when gas and energy prices are on the rise, but moreover, the way the executive order was written means Trump will have a much harder time undoing it. Thanks, Biden.

Escalating overseas wars

Global Images Ukraine / Contributor | Getty Images

America's involvement with the ongoing war in Ukraine has been tenuous from the beginning, but under Biden, it has escalated to a Cold War-like proxy war. Neither pleas from Americans in need nor threats from Russia have deterred Biden. He has approved countless aid packages sent to Ukraine, totaling billions of dollars. Recently, Biden has decided to up the ante by supplying Ukraine with long-range missiles, despite Putin's warnings that Russia would consider this an act of war. It's almost like Biden wants to start WWIII before handing the reigns over to Trump.

Installing a "shadow cabinet"

It's time we borrow an idea from our British friends. My proposal for a shadow cabinet isn’t just about holding our political leaders accountable - it strengthens and protects our democracy.

Learn more from my speech today on the House floor.⬇️ pic.twitter.com/cjP8pP7fxw
— ARCHIVE Rep. Wiley Nickel (@RepWileyNickel) November 14, 2024

For years Glenn has warned of the dangers of the deep state, and its very existence has been denied ... until recently. Shortly after the election Democratic Rep. Wiley Nickel made a disturbing speech on the House floor where he proposed the creation of a "Shadow Cabinet" designed to hamper the Trump administration and to step in if Trump were removed from office. This "Shadow Cabinet" would be composed of Democrat counter-picks to Trump presidential cabinet members, and they would scrutinize every act made by the Trump administration and propose alternative actions. This just proves that the deep state will do anything to stop President Trump.

How California leadership is to blame for HORRIFIC wildfires

PATRICK T. FALLON / Contributor | Getty Images

California's progressive policies emphasize ideology over lifesaving solutions. The destruction will persist until voters hold their elected officials accountable.

America is no stranger to natural disasters. But it’s not the fires, floods, or earthquakes that are the most devastating — it’s the repeated failures to learn from them, prevent them, and take responsibility for the damage.

My heart goes out to the families who have lost homes, cherished memories, and livelihoods. But if we’re going to help California rebuild and prevent future disasters, we need to confront some uncomfortable truths about leadership, responsibility, and priorities.

California — ironically, in the name of environmentalism — continues to ignore solutions that would protect both the environment and its residents.

While Californians continue to face heart-wrenching losses, those who have the power to enact change are mired in bureaucracy, regulation, and ideologies that do nothing to protect lives or preserve the land. The result? A state that keeps burning, year after year.

Where did all the water go?

We all know that water is essential to life. When NASA searches for signs of life on other planets, it looks for water. Yet, California has spent decades neglecting its water infrastructure. The state hasn’t built a new major reservoir since 1979 — over 40 years ago. Back then, California’s population was roughly half what it is today. Despite massive population growth, the state’s water storage capacity has remained frozen in time, woefully inadequate for current needs.

Moreover, billions of gallons of rainwater flow straight into the ocean every year because no infrastructure exists to capture and store it. Imagine how different things could be if California had built reservoirs, aqueducts, and desalination plants to secure water for its dry seasons.

Water is life, but the state’s failure to prioritize this essential resource has put lives and ecosystems at risk.

Misplaced priorities and critical leadership failure

This neglect of critical infrastructure is part of a larger failure of vision, and in California, the consequences of that failure are on full display.

Consider the progressive leadership in Los Angeles, where the mayor cut the fire department’s budget to fund programs for the homeless, funneling money to NGOs with little oversight. While helping the homeless is a worthy cause, it cannot come at the expense of protecting lives and property from catastrophic fires. Leadership must put safety and well-being over political agendas, and that’s not happening in Los Angeles.

The same misplaced priorities extend to environmental policies. Progressive leaders have blocked sensible forest management practices, prioritizing dead trees over living creatures. They reject controlled burns, forest thinning, and other commonsense measures, bowing to the demands of activists rather than considering real solutions that would protect those they govern.

California’s wildfire crisis is, in many ways, a man-made disaster. Yes, factors like Southern California’s dry climate, strong Santa Ana winds, and little rain play a role, but the biggest contributing factor is poor land management.

The forests are choked with dry brush, dead trees, and vegetation that turn every spark into a potential inferno. The crisis could have been mitigated — if only the state had made forest management and fire prevention a higher priority.

Finland and Sweden, for example, understand the importance of maintaining healthy forests. These countries have perfected the art of clearing underbrush and thinning trees sustainably, turning potential fire fuel into biomass energy. This approach not only reduces the risk of wildfires, but it also creates jobs, boosts the economy, and improves the ecosystem. And yet, California — ironically, in the name of environmentalism — continues to ignore these solutions that would protect both the environment and its residents.

We need to stop pretending that something as devastating as the Palisades and Eaton fires are just “part of life” and hold leaders accountable.

Insurance rules put California residents at risk

California faces another major and often overlooked liability when it comes to natural disasters: insurance.

California’s ongoing disasters make the state an uninsurable risk. Insurance companies are pulling out because the odds of widespread devastation are just too high. This creates a vicious cycle: With private insurers gone, the government steps in to subsidize high-risk areas. This enables people to rebuild in fire-prone zones, perpetuating the destruction. The solution isn’t more government intervention; it’s better decision-making.

This doesn’t mean abandoning people to their fate, but we must address the root of the problem: California’s inadequate disaster preparedness and poor land management. If the state continues to resist commonsense solutions like forest thinning, controlled burns, and better zoning laws, no amount of insurance or government assistance will ever be enough to mitigate the losses. The cycle will repeat until the costs — financial and human — become unbearable. It’s time to stop pretending the risk isn’t real and start making decisions that reflect the reality of California’s landscape.

What’s the solution? California’s government needs to put its people over harmful political agendas that put its residents at risk. Start by managing your forests. Implement controlled burns, remove dead trees, and clear underbrush.

But how you vote matters. California’s progressive policies have focused on political correctness and ideology instead of practical, lifesaving solutions. Until voters hold leaders accountable, the cycle of destruction will persist.

Editor's Note: This article was originally published on TheBlaze.com.

Crazy enough to be true? The connection between the Cybertruck bomber and cryptic drones

WADE VANDERVORT / Contributor | Getty Images

Not knowing — and not being told — fuels distrust and speculation.

A chilling story has emerged: A whistleblower, claiming to possess knowledge of advanced military technologies and covert operations, took his own life in a shocking explosion outside the Trump Hotel in Las Vegas. He left behind a manifesto filled with claims so extraordinary they sound like science fiction. Yet if even a fraction of them prove true, the implications are staggering and demand immediate attention.

This whistleblower alleges that the United States and China developed “gravitic propulsion systems,” technologies that manipulate gravity itself to enable silent, undetectable flight at unimaginable speeds. According to his claims, these systems are not theoretical — they are operational, deployed both in the United States and China. If true, this would render conventional defense systems obsolete, fundamentally altering the global balance of power.

America’s founders warned us about unchecked government power. Today, their warnings feel more relevant than ever.

Imagine aircraft that defy radar, heat signatures, and missile defense systems. They carry massive payloads, conduct surveillance, and operate without a sound. If such technologies exist, they pose a national security threat unlike any we’ve faced.

But why haven’t we been told? If these claims are false, they must be debunked transparently. If true, the public has a right to know how such technologies are being used and safeguarded.

The whistleblower’s manifesto goes farther, claiming that with this technology, the United States and China developed and deployed the infamous drones that were seen across the United States starting late last year. He alleged that China launched them from submarines along the U.S. East Coast, calling them “the most dangerous threat to national security” because of their stealth, ability to evade detection, and unlimited payload capacity. He ties this advanced technology to other surveillance systems, creating a network so advanced it makes our current intelligence capabilities look primitive.

These claims may sound far-fetched, but they highlight a deeper issue: the cost of government secrecy. Not knowing — and not being told — fuels distrust and speculation. Without transparency, these incidents dangerously erode public confidence in our leaders and institutions.

The cost of secrecy

Beyond technology, the manifesto also alleges moral failures, including war crimes and deliberate cover-ups during U.S. airstrikes in Afghanistan. In one particularly harrowing claim, the whistleblower describes attacks in Afghanistan’s Nimroz Province in 2019. He alleges that 125 buildings were targeted, with 65 struck, resulting in hundreds of civilian deaths in a single day. Even after civilians were spotted, he claims, the strikes continued knowingly and deliberately.

The United Nations investigated similar incidents and confirmed civilian casualties during these operations. However, the whistleblower’s accusations go farther, implicating high-ranking officials, the Department of Defense, the Drug Enforcement Administration, the Central Intelligence Agency, and even top military generals in a broader pattern of deceit, eroding the moral integrity of our military and government.

Whether these specific claims hold up, they underscore a larger issue: Secrecy breeds corruption. When people in power hide their actions and evade accountability, they break trust — and everyone pays the price, not just those at the top but also the citizens and soldiers they serve.

Transparency is an imperative

America’s founders warned us about unchecked government power. Today, their warnings feel more relevant than ever. From the COVID-19 pandemic to the Capitol riot on January 6 to the potential misuse of advanced technologies, the American people have been kept in the dark for too long.

Sunlight is the best disinfectant, and sunlight is coming. Transparency must become our rallying cry. As we look to the future, we must demand accountability — not just from those we oppose politically but from all leaders entrusted with power. This isn’t about partisanship; it’s about preserving our nation from self-destruction.

As we enter a new chapter in our nation’s history, the stakes couldn’t be higher. Whether it’s uncovering the truth about advanced technology, holding perpetrators of corruption accountable, or seeking justice for war crimes, we must act. This isn’t just a call to action — it’s a moral imperative.

Our strength lies in our unity and our resolve. The powerful fear an informed and vocal citizenry. Let’s prove them right. By demanding transparency and accountability, we can restore trust and ensure that the government serves the people — not the other way around.