# Decoder

Markdown copy of https://realalpha.app/shows/decoder/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy.

[Best AI podcasts](https://realalpha.app/best/ai-podcasts/)

News shows · [No. 24 of 37 AI podcasts](https://realalpha.app/best/ai-podcasts/#decoder)

Decoder is a tech news show, hosted by Nilay Patel, with a new episode a few times a week.

7 moments cut from 4 episodes, mostly on consumer AI and cybersecurity.

Also [No. 11 of 18 tech podcasts](https://realalpha.app/best/tech-podcasts/#decoder).

- [Nilay Patel](https://realalpha.app/hosts/)

**New episodes**

A few times a week

**Latest**

Oct 22, 2026

**Moments cut**

7

**Episodes cut**

4

What its moments are about

- Consumer AI 2
- Cybersecurity 1
- Policy & regulation 1
- AI business models 1
- Big Tech's AI bets 1
- AI agents 1

## Best moments from Decoder

From its most-watched episodes, best first. Each plays right here.

1. Decoder · Oct 15, 2026 · 3 min
   **[Flock's network is only as secure as its weakest user](https://realalpha.app/s/flocks-network-is-only-as-secure-as-its-weakest-user/)**
   > “the person on this entire network with the worst security hygiene is going to be as secure as the entire network will be”
   Decoder [23:12](https://realalpha.app/v/k3vc8mgU7Qg/?t=1392)
2. Decoder · Oct 10, 2026 · 3 min
   **[Skydance has no growth plan, only cost cuts and $80B of debt](https://realalpha.app/s/skydance-has-no-growth-plan-only-cost-cuts-and-80b-of-debt/)**
   > “There's no announced plan for new revenue. Right now, it's shrink. It's cut costs. It's when we mush these two companies together, we're going to save $6 billion over the next three years.”
   Decoder [5:28](https://realalpha.app/v/rmdMbp8jCCw/?t=328)
3. Decoder · Oct 17, 2026 · 4 min
   **[SpaceX will still need macro towers](https://realalpha.app/s/spacex-will-still-need-macro-towers/)**
   > “But you need macro towers for the type of coverage and penetration and power that it's just, I mean, not to explain physics to SpaceX, they probably know it better than anybody.”
   Decoder [20:31](https://realalpha.app/v/a9jnh4Vb-GY/?t=1231)
4. Decoder · Oct 8, 2026 · 5 min
   **[Meta can fund free agents with ads while OpenAI cannot](https://realalpha.app/s/meta-can-fund-free-agents-with-ads-while-openai-cannot/)**
   > “I have a bribeable chief of staff. Like I have a corrupt butler. Is that what you want? That is a great term for it, a corrupt butler.”
   Decoder [36:45](https://realalpha.app/v/HRbteJut-sA/?t=2205)
5. Decoder · Oct 15, 2026 · 4 min
   **[Flock's real change is a private, warrantless national network](https://realalpha.app/s/flocks-real-change-is-a-private-warrantless-national-network/)**
   > “if you were to have a police officer follow someone or go through public traffic cams, which are all over the country, go through every single public traffic cam”
   Decoder [14:29](https://realalpha.app/v/k3vc8mgU7Qg/?t=869)
6. Decoder · Oct 17, 2026 · 6 min
   **[Verizon has lost its network advantage](https://realalpha.app/s/verizon-has-lost-its-network-advantage/)**
   > “The networks are effectively commoditized. These networks are basically the same, right? And they're getting 60% margins.”
   Decoder [42:33](https://realalpha.app/v/a9jnh4Vb-GY/?t=2553)

## The best Decoder episodes

Ranked as our lists rank shows: a point for each best minute we cut from it, one more when an AI builder is talking, and one more when it cleared our views bar.

1. 01 [How Benn Jordan became Flock’s biggest headache](https://realalpha.app/v/k3vc8mgU7Qg/) Oct 15, 2026 · 2 moments
2. 02 [Why Elon Musk wants to sell you cell service | Decoder](https://realalpha.app/v/a9jnh4Vb-GY/) Oct 17, 2026 · 2 moments
3. 03 [How Meta got ahead of OpenAI on AI agents | Decoder](https://realalpha.app/v/HRbteJut-sA/) Oct 8, 2026 · 2 moments
4. 04 [Another billionaire thinks he can fix Warner Bros.](https://realalpha.app/v/rmdMbp8jCCw/) Oct 10, 2026 · 1 moment

## The 4 guests we’ve cut

- [Walter Piecyk](https://realalpha.app/people/walter-piecyk/) Partner & TMT analyst, LightShed Partners 4 moments
- [Benn Jordan](https://realalpha.app/people/benn-jordan/) Musician & YouTuber 2 moments
- [Hayden Field](https://realalpha.app/people/hayden-field/) Senior AI reporter, The Verge 2 moments
- [Peter Kafka](https://realalpha.app/people/peter-kafka/) Chief correspondent, Business Insider 1 moment

## Recent episodes

- Decoder
  **[Bill Gates says to prepare for 20 years of tumultuous AI disruption](https://realalpha.app/v/A0kTUP7fWtk/)**
  Bill Gates · Co-founder & Former CEO, Microsoft
  40K views · Oct 22
- Decoder
  **[JB Pritzker’s frightening theory about AI and jobs | Decoder](https://realalpha.app/v/MlssX23UMbo/)**
  JB Pritzker · Illinois
  15.6K views · Oct 19
- Decoder
  **[Why Elon Musk wants to sell you cell service | Decoder](https://realalpha.app/v/a9jnh4Vb-GY/)**
  Walter Piecyk · Telecom Analyst, LightShed Partners
  [18:41](https://realalpha.app/v/a9jnh4Vb-GY/?t=1121) of 51:27 · Oct 17
- Decoder
  **[How Benn Jordan became Flock’s biggest headache](https://realalpha.app/v/k3vc8mgU7Qg/)**
  Benn Jordan · Musician
  [20:34](https://realalpha.app/v/k3vc8mgU7Qg/?t=1234) of 57:16 · Oct 15
- Decoder
  **[Another billionaire thinks he can fix Warner Bros.](https://realalpha.app/v/rmdMbp8jCCw/)**
  Peter Kafka · Chief Correspondent, Business Insider
  [5:07](https://realalpha.app/v/rmdMbp8jCCw/?t=307) of 43:06 · Oct 10
- Decoder
  **[How Meta got ahead of OpenAI on AI agents | Decoder](https://realalpha.app/v/HRbteJut-sA/)**
  Hayden Field · Senior AI Reporter, The Verge
  [35:38](https://realalpha.app/v/HRbteJut-sA/?t=2138) of 41:13 · Oct 8

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