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The Vergecast · June 26, 2026 · 1h 23m

Of course Meta thinks gambling is the future

The Vergecast hosts Nilay Patel and David Pierce break down a chaotic week in tech. They discuss Meta's plan to clone Polymarket as a prediction-market app, the company's messy AI reorganization and internal surveillance, Valve's $1,049 Steam Machine and the brutal RAM supply dynamics that are driving up device costs, and Apple’s own aggressive price increases. The show also touches on the brewing AI data-scraping war between publishers and Google, and a bizarre mid-year hardware roundup that includes everything from the Slate electric truck to Kaleidescape's wallet-destroying home theater player.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Highlights

Meta's Prediction Market Clone
Meta plans to release an AI-powered prediction market app, essentially cloning Polymarket but without using real money.
Apple's RAM Price Squeeze and the Gadget Market
Apple's huge price increases and the dynamic of RAM becoming a major cost component could permanently reshape gadget pricing.
Valve's Steam Machine and Brutal RAM Negotiations
Valve's Steam Machine, priced at $1,049, highlights how brutal RAM supply negotiations are driving up next-gen console costs.
Meta's Internal Surveillance and AI Reorganization Mess
Meta faced backlash after tracking employee computer usage to train AI agents, while its AI reorganization was called 'atrocious' by its own CTO.
The Looming AI Data Crawling Fight
People Inc.'s CEO warns of a potential confrontation with Google over AI data crawling, signaling an emerging battle over the open web.

Misc

Segment titled 'Brendan Carr is a dummy' covers the FCC commissioner's recent actions.
The hosts share the latest on the movie 'Artificial,' about Sam Altman.
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