I don't even know what we doing here
Seems to me a complete waste of gear
Just a fuckin' waste of time, a complete waste of bottles
Niggas fashion is weak, they be wastin' all the models

from Kanye West (Ft. Jay Z) – Illest Motherfucker Alive Lyrics on Rap Genius

Meaning

The main thrust of this line is a reference to Jay-Z’s known aversion to the Grammys — he boycotted the show in 2002, stating that “too many major rap artists continue to be overlooked,” and was absent in 2011 despite winning three awards.

The line breaks down as follows:

  1. Waste of gear as in the gears on a clock or a watch. Relates to “waste of time” — Jay’s label will sweep all the awards, so all the time and alcohol consumed at the Grammys could’ve been put to better use

  2. Gear as in fresh clothes. Jay’s competitors are in nice gear but they’re wack, so it’s a waste.

  3. Wordplay with “fashion is weak” and “fashion week” — Jay thinks it’s a shame that models had to come out to Grammy parties to be around so many wack artists

Him and Kanye were not here in the 2012 grammy awards too, Beyonce and Jay were having pizza not far from the ceremony and Kanye was busy doing shit with OFWGKTA. They won every single rap award anyway.

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