This is also the final one of the tapes that I find very interesting and also possibly answering one of the bigger questions of the past year:
Eris please. Lodi is just some guy.
But also if I'm understanding IV shouting correctly, this kinda gives us a confirmation that VI is NOT the Lord of Every Nothing, the new master of the Taken. Because IV here specifies that VI is simply observing the Taken and how they manifested this entity. So VI is not, at least not currently, directly affiliated. However that doesn't exclude the possibility of VI taking over that role maybe in the future.
Still, I feel like this is a big thing to finally figure out because there's been a lot of theories about the Lord of Every Nothing since Heresy and the moment we got the little information in Rite of the Nine, everyone started theorising that VI is personally this entity. But this doesn't seem to be the case, at least not here. This also never made sense to me because if the Taken manifested this new being into existence by will alone, and they did it recently, after they lost Oryx, it couldn't be VI because VI has existed since before the Taken.
But the option remains that VI is looking into this for various reasons, maybe even to take over leading them, or assume this role somehow. Or maybe learn from it.