The first episode of the "Degenerates" podcast is an introduction to the host, a 20-something-year-old, who is bringing their unique perspectives and sense of humor to the world of podcasting. They discuss their backgrounds and interests and give a preview of what listeners can expect from future episodes, including discussions on current events, pop culture, and personal anecdotes. The episode also features some light-hearted banter between the hosts, setting the tone for a fun and entertaining show. Look forward to some laughs and witty commentary on a wide range of topics.