No Agenda's 1899th Episode: Calacanis and Curry Dissect Trump's Venezuela Oil Deal and AI's Shifting Landscape

In a special episode of the No Agenda Show, Jason Calacanis and Adam Curry analyze the geopolitical and economic implications of Trump's Venezuela oil deal, the rise of open-source AI, and the Meta settlement, offering sharp insights into the forces shaping the news.

LA Metrowire Staff
Technology
No Agenda's 1899th Episode: Calacanis and Curry Dissect Trump's Venezuela Oil Deal and AI's Shifting Landscape

In a special edition of the No Agenda Show, host Adam Curry, broadcasting from Rotterdam, was joined by Jason Calacanis of the All In podcast, filling in for the late John C. Dvorak. The episode, titled 'Asymmetric Intimacy,' delved into a packed news cycle, dissecting President Trump's newly announced 65-billion-barrel Venezuela oil deal, the shifting landscape of artificial intelligence, and the Meta child-safety settlement.

Calacanis, a veteran Silicon Valley investor and early Uber backer, credited Curry for pioneering podcasting, noting, 'You created podcasting with Dave Winer,' and revealed he had recently pressed Spotify to adopt Podcasting 2.0 standards. Curry introduced a new phrase for the host-listener bond, calling it 'asymmetrical intimacy,' which inspired the episode's title.

The conversation opened with an analysis of Trump's Venezuela oil announcement, with Calacanis arguing that Trump is running the 1890 McKinley tariff playbook against Canada, citing Chrystia Freeland's CNBC appearance and Prime Minister Mark Carney's collapsed trade talks. The pair also examined Treasury Secretary Scott Bessent's 'Operation Economic Outcast' and Iran sanctions targeting UAE cash houses, with Curry defending the strategy to break the London-centered oil finance system and cut IRGC funding.

On the AI front, Calacanis warned that Anthropic and OpenAI are pursuing regulatory capture while open-source models from Z.AI's GLM and Nvidia's Nemotron close the gap. He highlighted Nvidia's acquisition of Hugging Face and the shift to verticalized small language models, a development that could democratize AI access and challenge Big Tech dominance.

The episode also touched on the Meta $18 billion multistate settlement over teen platform harms, with Calacanis drawing on his experience watching San Francisco and Austin unravel, insisting that the homelessness crisis is driven by fentanyl and methamphetamine, not housing. The pair also discussed Glenn Beck's Oval Office interview on beef processing cartels JBS, Tyson, Cargill, and National Beef, and the ranching economics behind Trump's decision to suspend tariffs on imported ground beef ahead of the midterm elections.

As the show concluded, Curry and Calacanis underscored the importance of independent media in deconstructing how stories are framed, amplified, or ignored across news outlets, government messaging, and tech platforms. Episode 1899 of the No Agenda Show is available now wherever podcasts are heard.

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