In the first episode of Bears on the Air, hosts Justin Allegri and Mike Pawlawski discuss their background in broadcasting and their vision for the podcast. They explain that the podcast will cover Cal football, the broadcasting side of the game, and provide educational insights for aspiring broadcasters. They also discuss the challenges of the upcoming season, including the transition to the ACC and the turnover in the roster. They highlight the quarterback battle and the improved wide receiver position as key storylines to watch. The hosts express their excitement for the season and invite listeners to engage with the podcast.