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    E102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more

    enOctober 29, 2022

    Podcast Summary

    • The Power of Verification on Twitter and the Role of It in ProfitabilityVerification can eliminate fake users and bots, making Twitter a more enjoyable experience for all. It can also increase profitability, but it's equally important to use the platform for positivity and valuable insights. Elon Musk may have a plan to improve Twitter's future.

      Twitter has tremendous potential to turn into a profitable platform if it incorporates the idea of verification of real-world identity for users. This can help the platform cut through all the nonsense of anonymous fake users and bots and become an inclusive and delightful experience for all. Besides, having a revenue stream from verified users can make Twitter profitable and increase shareholder value. Therefore, it's essential not to use Twitter as a coping mechanism and instead use the platform to voice valuable insights and opinions while promoting positivity and kindness. Elon Musk's potential to turn Twitter around quickly is visible, especially if his bigger ideas for autonomous driving and layering it into the platform sees the light.

    • The Need for Moderation on Social Media PlatformsSocial media platforms can only be successful if they balance their mission with a quality product and necessary moderation guidelines. All successful entrepreneurs face content challenges and make necessary edits over time.

      Social media channels were never meant to be coping mechanisms, and their misuse makes these platforms unusable. The key to success is marrying a mission with a great product that can turn into a great business. Elon is trying to restore Twitter to being a free speech platform, and in the process, he'll figure out how to make Twitter an even better product and a great business. However, a certain amount of moderation will be necessary to create a high-quality product. All successful entrepreneurs start and build generally open platforms that are challenged with content that doesn't feel appropriate. Over time, they come back and make necessary moderation guidelines and make the necessary edits to the way the platform operates.

    • Balancing Content Moderation and Freedom of Speech on Social MediaSocial media companies should use AI and tagging to exclude unwanted content. Banned users should be given a way to return, and individuals in crises should be protected. Users must understand the dangers of hate speech.

      Social networks need to find a way to handle content moderation in a nuanced way. A tagging mechanism with AI can be used to exclude content that users don't want to see based on their preferences, similar to the way cable stations work. While private companies have the right to ban users for violating terms of service, a way for banned users to return needs to be established. In the case of individuals experiencing mental health crises, as with Kanye West, social media companies should take action to protect them, such as temporarily banning them and helping them re-regulate. Users need to understand the real-world dangers of hate speech and content moderation shall be done to balance out freedom of speech and protecting individuals from harm.

    • The Importance of Legitimate Grounds for Social Media BansPermanent social media bans should only be based on legitimate grounds such as incitement to violence rather than subjective judgment. Content moderation councils with diverse viewpoints should also be established before making major decisions.

      The justification for permanent bans on social media platforms should be based on legitimate grounds such as incitement to violence rather than considering someone a threat to democracy. Social media companies should follow the guidelines set by the Supreme Court, which defines dangerous speech as speech that tends to incite an immediate breach of peace through the use of abusive language. Slurs should be banned, but arguments should not be banned. All sides of the argument should be heard in the town square to prevent radicalization and to expose individuals to other opinions. Content moderation councils with diverse viewpoints should be established before making major content decisions or account reinstatements.

    • Seeking Help for Mental Health Issues and Prioritizing Well-being in the WorkplaceEncourage seeking medical help for loved ones with mental health issues and prioritize employee well-being over company spending.

      It is important to seek medical help for relatives who suffer from mental health issues. Trying to convince someone who is dis regulated to think logically is not effective. In the case of Chamath Palihapitiya's family, his relative needs to constantly be regulated by medications. Even in the case of Kanye, it is not advisable to litigate in the media. People that care for him need to surround him and get him to see a doctor. In the case of big tech entitlement spending, it is important for companies to become profitable and focus on the well-being of their employees. Brad's open letter to Zuckerberg suggests that companies should pump the brake on the capex and focus on becoming profitable.

    • Meta's Failed Quarter Leads to Questions About the Future of Big TechMeta's struggles highlight the potential dangers of big tech's unchecked power and the need for more balanced investments in innovation and stock buybacks. The era of big tech dominance may be coming to an end.

      The revenue and third quarter results of Meta have led to a plummeting of the company's stock to under $100 a share. The situation is complex, and it is part of a bigger issue of big tech having undue power over other startups, and the era of big tech coming to an end. A comparison of Apple versus Meta shows that while Apple invested a lot of its own balance sheet cash to buy back stock, Facebook spent almost $100 billion on buying back stock and investing in a new initiative called Reality Labs, which is costing them around $25 billion. This makes Reality Labs the most significant investment in history, which is comparable to the entire Apollo Program that cost a quarter of a trillion.

    • Facebook's investment in VR/AR tech creates massive pressure on companyDespite potential in education and training, Facebook's enormous investment in AR/VR technology is overshadowing their core business, with investors questioning the need for measurable returns and timeframe for widespread adoption.

      Facebook's massive investment in its Reality Labs division, aimed at the development of VR and AR technology, has created an enormous set of pressures for the company. With a quarter of a trillion dollars in capital allocation, it is becoming the single largest program in capitalist history. Despite the success of the core business, the outsized investment in the Reality Labs division is overshadowing it. While VR and AR technology has potential in areas like education and training, the need for measurable returns from the massive spend has yet to be demonstrated. Investors are concerned about the lack of progress and the time frame for this technology to become a part of our daily lives.

    • Importance of Progress and Iteration in Moonshot ProjectsWhen investing in a moonshot project, show tangible progress and iterate based on consumer feedback. Prioritize creating a great user experience over hardware development, and be receptive to change to ensure success.

      When investing a large amount of money in a moonshot project like Oculus, it's important to show progress and iterate based on consumer feedback in order to mitigate risk. It's not enough to promise an amazing product in the future without demonstrating tangible progress. This is especially important for consumer products, which require continuous refinement based on market response. Companies that prioritize hardware development over software risk falling behind competitors who focus on creating a great user experience. Additionally, it's important for leadership to be receptive to change and not rely solely on external pressure for direction. Governance in Silicon Valley may not change much, but investors should pay attention to companies' willingness to adapt and iterate in order to ensure success.

    • Dual Class Structure and the Importance of Long-Term Thinking in Corporate GovernanceA dual class structure can be used to maintain founder involvement, but it should be balanced with a focus on long-term opportunities. Prioritizing predictable earnings over larger returns can hinder overall success. Trust in leadership requires accountability.

      Dual class structure in a company can be a viable option to keep the founder involved in the long term and avoid power struggles. However, it was seen more as a mechanism used by bankers to win over CEOs during IPO bake-offs, rather than a governance issue. Elon Musk doesn't believe in dual class structure and is willing to be voted out if he doesn't do his job well, which he believes keeps him from making bad decisions. Larry and Sergei's founder's letter in 2004 emphasizes the importance of focusing on the long term opportunities and steering away from sacrificing them for quarterly market expectations. Many companies prioritize smaller, predictable earnings rather than larger and less predictable returns, which can be harmful.

    • Super Voting Control and Long-term Investments in GoogleGoogle's super voting control allowed them to make long-term investments for competitive advantages. However, small and nimble management teams generate human progress. Demonstrating incremental progress and justifying investments is essential to success.

      Super voting control allowed Google to make long-term investments in building competitive advantages, like data centers, servers, DRAM, switches and fiber optic lines, which was scrutinized and not well understood. Their exceptional Ebitda margins and performance made it possible to bleed off cash and make unexpected long-term investments. However, this does not necessarily correlate with great leaps of progress and humanity as small and extremely nimble management teams generate human progress. While this bet could be a good one, it is essential to demonstrate incremental progress and justify the enormous investment of $25 billion per year by articulately double-clicking on all the things that make sense. Explanation can make a profound impact on the success of the investment.

    • The need for balanced product development and leadership at FacebookFacebook should prioritize profitable product development and consider a balanced approach that includes risks and exploration. Evaluating spending and focusing on growth is essential for long-term success.

      Facebook is lacking leadership and focus in their product development, with an excessive spending approach that may not benefit shareholders in the long run. The company needs to have a balance of personalities - those who enjoy mastering one thing and those who seek out new challenges. While their forays into building a super app have been successful, their lack of focus on other products is concerning. The company needs new leadership that is willing to take risks and explore new avenues. Facebook's excessive spending, relative to revenue, may be causing concerns among investors. The company may need to reevaluate its spending approach and prioritize products that will drive profits and growth.

    • Mixed Signals in the Stock Market: Short-term Bullish but Long-term UncertaintyWhile current stock market trends may be encouraging, it's important to pay attention to warning signs such as big tech companies reporting low earnings and predictions of a coming recession. It's crucial for individuals and businesses to budget and plan accordingly to avoid potential financial hardships.

      The stock market is showing conflicting data but for the short term, it seems to be bullish. Big tech companies like Amazon, Facebook, Google, and Microsoft have reported pretty low earnings and it has affected the market but not brought it down entirely. However, it is predicted that a huge recession is coming next year due to all the straight increases we have seen. The Fed is pedal to the metal on interest rates and they are being too tight too fast which is contributing to this. Job openings have smashed down and mortgage rates have shot up which has broken the backs of the housing market. It's important for these folks to better justify their spends to avoid skepticism.

    • Fallout from a Letter: The Progressive Caucus and the Ukraine WarDiplomacy should not be dismissed and an important national interest is to avoid overextension in foreign wars. It's crucial to have a nuanced approach to foreign policy and not let emotions overpower strategic thinking.

      The Ukraine war may have fallen out of public consciousness, but a recent letter by the House Progressive Caucus sparked fierce reactions on social and nutritional media. Although the letter suggested opening up a diplomatic track with Russia to mitigate the threat of a nuclear war, most of the signatories recanted due to the heat surrounding the issue. This may be because some people start with the moral outcome they want and reverse engineer their beliefs based on it. It's important to consider American vital interests and be careful not to overextend the nation. Diplomacy should not become a dirty word, but it's sad to see how quickly the Progressive Caucus has given up on their stance against American involvement in foreign wars.

    • The Importance of Diplomacy in Foreign PolicyDiplomacy is essential to avoid catastrophic consequences. Everyone should have the right to participate in discussions and approach foreign policy with a rational mindset while maintaining relationships with countries. Opinions may be biased, so it's vital to listen to experts.

      Engaging in diplomacy is crucial even when people are afraid that it might not result in the desired outcome, as the potential fallout of not engaging in diplomacy can be catastrophic, potentially resulting in a nuclear war. Everyone should have the right to participate in discussions about foreign policy and work towards a common understanding, rather than being told they are not allowed to have an opinion. It is important to listen to experts but recognize that opinions are selective and are often biased towards the speaker's personal beliefs. It's vital to approach foreign policy in a rational and level-headed manner, maintaining relationships with countries to avoid conflicts that could result in disastrous repercussions.

    • The US-China War and the Importance of Next-Generation SiliconThe escalating situation between China and the US highlights the difficulty of resolving things internationally with dictators. The ban on China buying advanced semiconductor chips prevents cyber capabilities, including AI, from falling into the wrong hands, giving the US a competitive edge.

      The debate about the war and its prediction is still ongoing, while the escalating situation between China and the US implies that the war is messy, and resolving things internationally with dictators is hard with no perfect outcome. The current strategy is working, and a citizen's role is to see more data on the ground before underwriting a different approach. The US administration banned China from buying advanced semiconductor chips, providing an opportunity to prevent an entire layer of infrastructure from being built in China, giving them more power. The goal is to ensure all next-generation silicon stays in the hands of the US and its allies, preventing cyber capabilities, including AI, from falling into the hands of the Chinese government, increasing their surface area and decreasing the competitive space of the US.

    • The Ban on Semiconductor Sales to China: Risks and ImplicationsCollaboration and constructive engagement with China in various sectors is crucial for avoiding escalation of tensions and geopolitical competition, rather than adversarial confrontations. Strategic thinking beyond decades is necessary to achieve lasting stability.

      The ban on sales of semiconductors to China is an attempt to hobble the Chinese economy to increase the US balance of power against them. However, this move poses risks as it escalates geopolitical tensions and competition not just on one but two fronts. There is a concern if US leaders have the bandwidth to manage the competition with China while dealing with the ongoing Ukraine conflict. Policies of constructive engagement with China fed its economic rise until it became a peer competitor. It is necessary to think a little strategically beyond decades to avoid such crises. Overall, collaboration is essential between US and China in various sectors like environment, energy, sustainability, education, instead of adversarial confrontations.

    • The Gut Biome: A Key Player in Autoimmune DiseaseThe human gut contains a vast array of bacteria that can trigger autoimmune reactions, causing conditions such as rheumatoid arthritis. Identifying and altering the gut biome could be a powerful tool for preventing and treating these diseases.

      The human gut contains 10 trillion bacterial cells, and a lot of human diseases can originate from there. Immune cells can sometimes attack a protein that looks similar to human protein found in other parts of the body, triggering an autoimmune reaction. A specific gut bacteria found in the gut can trigger rheumatoid arthritis, and its protein has some overlap with the protein found in the joints. Therefore, eradicating that bacteria from the gut or changing the gut biome can potentially eliminate the disease risk. DNA sequencing and technology can now identify organisms in the gut biome that link to diseases such as lupus, showing promise for more targeted treatments.

    • Importance of Workplace Inclusivity and Providing Dietary Options for Employees.Prioritizing inclusivity in the workplace and considering individual needs such as dietary restrictions can lead to a happier and healthier workplace, ultimately increasing productivity and job satisfaction. Remember to respect and value all employees, even when using humor.

      The conversation between the individuals includes small talk and humor, but lacks a clear point or purpose. However, the importance of providing dietary options in a workplace is highlighted, as well as the negative effects of certain food additives. Workplace culture should prioritize inclusivity and consideration of individual needs, such as lactose intolerance or gluten-free diets. Humor can be a good way to lighten the mood in a workplace, but it is important to remember that all employees should feel respected and valued. A happy and healthy workplace leads to increased productivity and job satisfaction.

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    https://www.elitetrader.com/et/threads/nvidia-and-the-cautionary-tale-of-cisco-systems.379022

    https://chamath.substack.com/p/2023-annual-letter

    https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula

    https://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden

    https://fred.stlouisfed.org/series/CCLACBW027SBOG

    https://x.com/KariLake/status/1792986501820850333

    https://www.stlouisfed.org/on-the-economy/2024/apr/how-big-mac-index-relates-overall-consumer-inflation

    https://www.google.com/finance/quote/MCD:NYSE

    https://www.wsj.com/economy/gdp-and-the-dow-are-up-but-what-about-american-well-being-87f90e6d

    https://www.consumerreports.org/health/food-contaminants/the-plastic-chemicals-hiding-in-your-food-a7358224781

    https://onlinelibrary.wiley.com/doi/10.1111/j.1365-2605.2007.00837.x

    https://pubmed.ncbi.nlm.nih.gov/12708228

    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7559247

    https://pubmed.ncbi.nlm.nih.gov/21524797

    https://academic.oup.com/toxsci/advance-article/doi/10.1093/toxsci/kfae060/7673133

    https://www.youtube.com/watch?v=o6yuYkfNh-k

    https://www.youtube.com/watch?v=EYQjShJxCtM

    https://www.youtube.com/watch?v=r_4jrMwvZ2A

    GPT-4o launches, Glue demo, Ohalo breakthrough, Druck's Argentina bet, did Google kill Perplexity?

    GPT-4o launches, Glue demo, Ohalo breakthrough, Druck's Argentina bet, did Google kill Perplexity?

    (0:00) Bestie Intros: Recapping Phil Hellmuth's birthday weekend

    (7:38) OpenAI launches GPT-4o: better, faster, cheaper

    (29:40) Sacks demos Glue: How AI unlocked his Slack killer

    (40:12) Friedberg walks through his major breakthrough at Ohalo

    (1:01:35) Stanley Druckenmiller bets on Argentina and Javier Milei: strategy, roadmap for the US

    (1:13:54) Jason's bet on Athena, how AI will change company building

    (1:22:21) Google launches AI summaries in search

    Follow the besties:

    https://twitter.com/chamath

    https://twitter.com/Jason

    https://twitter.com/DavidSacks

    https://twitter.com/friedberg

    Follow on X:

    https://twitter.com/theallinpod

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    https://www.instagram.com/theallinpod

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    https://www.tiktok.com/@all_in_tok

    Follow on LinkedIn:

    https://www.linkedin.com/company/allinpod

    Intro Music Credit:

    https://rb.gy/tppkzl

    https://twitter.com/yung_spielburg

    Intro Video Credit:

    https://twitter.com/TheZachEffect

    Referenced in the show:

    https://www.pokernews.com/news/2024/05/phil-hellmuth-60th-birthday-bash-las-vegas-45984.htm

    https://x.com/OpenAI/status/1790130703721521305

    https://x.com/OpenAI/status/1790089513387143469

    https://crfm.stanford.edu/helm/mmlu/v1.3.0/#

    https://www.businessinsider.com/inflection-implosion-chatgpt-stall-ai-consumer-chatbot-problem-2024-3

    https://www.opencompute.org

    https://glue.ai

    https://ragie.ai

    https://ohalo.com

    https://www.cnbc.com/2024/05/07/cnbc-exclusive-cnbc-transcript-billionaire-investor-stanley-druckenmiller-speaks-with-cnbcs-squawk-box-today.html

    https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula

    https://twitter.com/DavidSacks/status/1378034932006592512

    https://www.athenawow.com/jcal

    https://calacanis.substack.com/p/startup-productivity-in-the-age-of

    https://blog.google/products/search/generative-ai-google-search-may-2024

    https://www.youtube.com/watch?v=XEzRZ35urlk

    https://finance.yahoo.com/quote/GOOG

    https://startuptalky.com/apple-failed-products

    In conversation with Sam Altman

    In conversation with Sam Altman

    (0:00) Welcoming Sam Altman to the show!

    (2:28) What's next for OpenAI: GPT-5, open-source, reasoning, what an AI-powered iPhone competitor could look like, and more

    (21:56) How advanced agents will change the way we interface with apps

    (33:01) Fair use, creator rights, why OpenAI has stayed away from the music industry

    (42:02) AI regulation, UBI in a post-AI world

    (52:23) Sam breaks down how he was fired and re-hired, why he has no equity, dealmaking on behalf of OpenAI, and how he organizes the company

    (1:05:33) Post-interview recap

    (1:10:38) All-In Summit announcements, college protests

    (1:19:06) Signs of innovation dying at Apple: iPad ad, Buffett sells 100M+ shares, what's next?

    (1:29:41) Google unveils AlphaFold 3.0

    Follow Sam:

    https://twitter.com/sama

    Follow the besties:

    https://twitter.com/chamath

    https://twitter.com/Jason

    https://twitter.com/DavidSacks

    https://twitter.com/friedberg

    Follow on X:

    https://twitter.com/theallinpod

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    https://www.instagram.com/theallinpod

    Follow on TikTok:

    https://www.tiktok.com/@all_in_tok

    Follow on LinkedIn:

    https://www.linkedin.com/company/allinpod

    Intro Music Credit:

    https://rb.gy/tppkzl

    https://twitter.com/yung_spielburg

    Intro Video Credit:

    https://twitter.com/TheZachEffect

    Referenced in the show:

    https://twitter.com/EconomyApp/status/1622029832099082241

    https://sacra.com/c/openai

    https://twitter.com/tim_cook/status/1787864325258162239

    https://openai.com/index/introducing-the-model-spec

    https://twitter.com/SabriSun_Miller/status/1788298123434938738

    https://www.archives.gov/founding-docs/bill-of-rights-transcript

    https://twitter.com/ClayTravis/status/1788312545754825091

    https://www.inc.com/bill-murphy-jr/warren-buffett-just-sold-more-than-100-million-shares-of-apple-reason-why-is-eye-opening.html

    https://www.youtube.com/watch?v=snbTCWL6rxo

    https://www.digitimes.com/news/a20240506PD216/apple-ev-startup-genai.html

    https://www.theonion.com/fuck-everything-were-doing-five-blades-1819584036

    https://blog.google/technology/ai/google-deepmind-isomorphic-alphafold-3-ai-model

    In conversation with Sheryl Sandberg, plus open-source AI gene editing explained

    In conversation with Sheryl Sandberg, plus open-source AI gene editing explained

    (0:00) Welcoming Sheryl Sandberg and remembering Dave Goldberg

    (11:10) What led Sheryl to get involved with "Screams Before Silence"; reaction to sexual violence on and after 10/7

    (28:18) Paths forward, documentary decisions, involvement of women in protests

    (53:03) Post-interview debrief

    (59:45) Science Corner: Open-source AI gene editing with OpenCRISPR-1

    Follow Sheryl:

    https://twitter.com/sherylsandberg

    Watch Screams Before Silence:

    https://www.youtube.com/watch?v=zAr9oGSXgak&rco=1

    Follow the besties:

    https://twitter.com/chamath

    https://twitter.com/Jason

    https://twitter.com/DavidSacks

    https://twitter.com/friedberg

    Follow on X:

    https://twitter.com/theallinpod

    Follow on Instagram:

    https://www.instagram.com/theallinpod

    Follow on TikTok:

    https://www.tiktok.com/@all_in_tok

    Follow on LinkedIn:

    https://www.linkedin.com/company/allinpod

    Intro Music Credit:

    https://rb.gy/tppkzl

    https://twitter.com/yung_spielburg

    Intro Video Credit:

    https://twitter.com/TheZachEffect

    Referenced in the show:

    https://twitter.com/fakechamath

    https://www.youtube.com/watch?v=zAr9oGSXgak&rco=1

    https://www.cnn.com/2023/11/20/opinions/sheryl-sandberg-something-we-can-all-agree-on/index.html

    https://news.un.org/en/story/2024/03/1147477

    https://thegrayzone.com/2024/03/07/media-concocts-un-hamas-rape-report/amp/

    https://www.nytimes.com/2024/01/29/world/middleeast/israel-hamas-sexual-violence-un.html

    https://github.com/Profluent-AI/OpenCRISPR

    Meta's scorched earth approach to AI, Tesla's future, TikTok bill, FTC bans noncompetes, wealth tax

    Meta's scorched earth approach to AI, Tesla's future, TikTok bill, FTC bans noncompetes, wealth tax

    (0:00) Bestie Intros: Reservation Tips!

    (5:20) Meta goes scorched earth in AI, why the stock was down despite beating on earnings

    (22:20) Tesla's roadmap, ranking the company's highest-upside bets outside of cars for the next 10 years

    (47:25) FTC bans noncompetes: impact on startups and company formation

    (1:00:33) Besties reminisce on their encounters with Steve Jobs

    (1:10:25) TikTok "divest-or-ban" bill is signed into law: Will China comply? What's it worth without the algorithm? Will a deal get done?

    (1:27:22) Biden's proposed capital gains hikes and a 25% wealth tax for those with $100M+ in assets

    Follow the besties:

    https://twitter.com/chamath

    https://twitter.com/Jason

    https://twitter.com/DavidSacks

    https://twitter.com/friedberg

    Follow on X:

    https://twitter.com/theallinpod

    Follow on Instagram:

    https://www.instagram.com/theallinpod

    Follow on TikTok:

    https://www.tiktok.com/@all_in_tok

    Follow on LinkedIn:

    https://www.linkedin.com/company/allinpod

    Intro Music Credit:

    https://rb.gy/tppkzl

    https://twitter.com/yung_spielburg

    Intro Video Credit:

    https://twitter.com/TheZachEffect

    Referenced in the show:

    https://ai.meta.com/blog/meta-llama-3

    https://huggingface.co/meta-llama/Meta-Llama-3-8B

    https://about.fb.com/news/2024/04/introducing-our-open-mixed-reality-ecosystem

    https://about.fb.com/news/2024/04/meta-ai-assistant-built-with-llama-3

    https://www.cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/index.html

    https://www.youtube.com/watch?v=kiMTRQXBol0

    https://twitter.com/AravSrinivas/status/1781099224169320500

    https://wow.groq.com/12-hours-later-groq-is-running-llama-3-instruct-8-70b-by-meta-ai-on-its-lpu-inference-enginge

    https://twitter.com/lauramaywendel/status/1782040453266710551

    https://twitter.com/naveengrao/status/1781491370114633816

    https://twitter.com/winglian/status/1783456379199484367

    https://www.meta.ai

    https://twitter.com/chamath/status/1780302197772952049

    https://electrek.co/2024/03/16/tesla-full-self-driving-beta-v12-finally-rolls-out

    https://www.reuters.com/business/autos-transportation/tesla-cuts-price-full-self-driving-software-by-third-8000-2024-04-21

    https://fortune.com/2024/04/15/elon-musk-tesla-cut-10-percent-global-workforce-14000-employees-slowing-ev-demand

    https://www.reuters.com/business/autos-transportation/tesla-take-shareholder-vote-shifting-incorporation-texas-musk-says-2024-02-01

    https://www.ft.com/content/46aac746-4a54-437f-a0b7-9b81b154c21d

    https://www.google.com/finance/quote/TSLA:NASDAQ

    https://www.cnbc.com/2024/04/24/tesla-stock-up-after-elon-musk-says-new-affordable-ev-models-coming.html

    https://www.tesla.com/blog/master-plan-part-deux

    https://twitter.com/chamath/status/1776663647735218491

    https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q1-2024-Update.pdf

    https://www.cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html

    https://palmetto.com

    https://www.youtube.com/watch?v=pja_n8ThDsU

    https://www.fastcompany.com/90972171/cruise-suspends-driverless-vehicle-operations-in-san-francisco-after-dmv-revokes-permit

    https://twitter.com/DavidSacks/status/1777496946263134414

    https://www.nytimes.com/2023/11/03/technology/cruise-general-motors-self-driving-cars.html

    https://thehill.com/business/4615452-ftc-votes-to-ban-non-compete-agreements

    https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes

    https://www.techemails.com/p/steve-jobs-emails-adobes-ceo

    https://venturebeat.com/business/how-steve-jobs-felt-betrayed-by-eric-schmidt-over-googles-android

    https://www.youtube.com/watch?v=CWOt9Cjq2mw

    https://www.theverge.com/2024/4/24/24139036/biden-signs-tiktok-ban-bill-divest-foreign-aid-package

    https://abcnews.go.com/Politics/senate-returns-95b-foreign-aid-package-ukraine-israel/story?id=109506150

    https://www.cnbc.com/2023/12/06/tiktok-parent-bytedance-offers-share-buyback-at-268-billion-valuation.html

    https://www.theinformation.com/articles/bytedance-exploring-scenarios-for-selling-tiktok-without-algorithm?rc=pxkrxo

    https://www.aclu.org/press-releases/senate-reauthorizes-and-expands-section-702-surveillance

    https://twitter.com/DavidSacks/status/1783220583075111401

    https://www.wsj.com/tech/tiktok-ban-chinese-owners-bytedance-1a857a06

    https://x.com/MsMelChen/status/1783524423963697262

    https://x.com/Jason/status/1783556155924705388

    https://x.com/Jason/status/1783604248569360516

    https://www.atr.org/biden-calls-for-44-6-capital-gains-tax-rate-highest-capital-gains-tax-since-its-creation-in-1922

    https://home.treasury.gov/system/files/131/General-Explanations-FY2025.pdf

    https://www.bloomberg.com/news/articles/2024-04-24/tax-on-rich-to-save-social-security-popular-with-swing-state-voters-poll

    https://balajis.com/p/all-it-takes-is-all-you-got

    https://twitter.com/maceskridge/status/1783290784311058788

    Google fires protestors, NPR chaos, Humane's AI Pin, Startup tax crisis, sports betting scandal

    Google fires protestors, NPR chaos, Humane's AI Pin, Startup tax crisis, sports betting scandal

    (0:00) Bestie Intros: Chamath recaps the Breakthrough Prize Ceremony, "High IQ foods"

    (9:49) All-In Summit update, Poker styles of Andrew Robl, Jason Koon, and Phil Hellmuth  

    (14:38) Google fires protestors

    (35:08) Chaos and culture wars at NPR

    (40:43) Humane's AI Pin: Marques Brownlee's review, the Ex-Apple issue, polarizing reactions

    (1:02:28) Startup tax crisis: How a recent provision upended R&D deductions

    (1:12:39) Sports betting scandal: NBA player Jontay Porter banned for life, explosion of sports betting in the US

    (1:23:33) How to get better at chess, childhood Bestie schemes

    Follow the besties:

    https://twitter.com/chamath

    https://twitter.com/Jason

    https://twitter.com/DavidSacks

    https://twitter.com/friedberg

    Follow on X:

    https://twitter.com/theallinpod

    Follow on Instagram:

    https://www.instagram.com/theallinpod

    Follow on TikTok:

    https://www.tiktok.com/@all_in_tok

    Follow on LinkedIn:

    https://www.linkedin.com/company/allinpod

    Intro Music Credit:

    https://rb.gy/tppkzl

    https://twitter.com/yung_spielburg

    Intro Video Credit:

    https://twitter.com/TheZachEffect

    Referenced in the show:

    https://twitter.com/NoTechApartheid/status/1780278895058518468

    https://www.cnbc.com/2024/04/17/google-workers-arrested-after-nine-hour-protest-in-google-cloud-ceos-office.html

    https://www.notechforapartheid.com

    https://www.theverge.com/2024/4/17/24133700/google-fires-28-employees-protest-israel-cloud-contract

    https://twitter.com/CollinRugg/status/1779914595156808045

    https://www.haaretz.com/israel-news/2024-04-11/ty-article-magazine/.premium/saying-what-cant-be-said-israel-has-been-defeated-a-total-defeat/0000018e-cdab-dba9-a78e-efef6ba10000

    https://www.wsj.com/world/middle-east/israel-wins-gaza-battles-but-risks-losing-the-war-c6a3823f

    https://www.cnn.com/2024/01/19/middleeast/eisenkot-netanyahu-israel-war-politics-gaza-intl/index.html

    https://www.youtube.com/watch?v=3-APSXZy9UI

    https://www.nytimes.com/2024/04/02/world/middleeast/israel-gaza-aid-workers-killed.html

    https://www.haaretz.com/israel-news/2024-03-31/ty-article-magazine/.premium/israel-created-kill-zones-in-gaza-anyone-who-crosses-into-them-is-shot/0000018e-946c-d4de-afee-f46da9ee0000

    https://www.haaretz.com/israel-news/2023-12-15/ty-article/.premium/israeli-army-says-killed-three-hostages-mistakenly-identified-as-threat-in-northern-gaza/0000018c-6edd-dbd5-a39c-ffff08470000

    https://www.nytimes.com/2024/02/06/world/middleeast/israel-idf-soldiers-war-social-media-video.html

    https://twitter.com/JustStop_Oil/status/1580883249228046336

    https://www.npr.org/2024/01/24/1226035539/npr-ceo-katherine-maher-wikimedia

    https://www.npr.org/about-npr/178659563/our-mission-and-vision

    https://www.thefp.com/p/npr-editor-how-npr-lost-americas-trust

    https://www.npr.org/sections/npr-extra/2024/04/12/1244456600/from-npr-president-and-ceo-katherine-maher-thoughts-on-our-mission-and-our-work

    https://twitter.com/realchrisrufo

    https://twitter.com/wokal_distance/status/1780695504210567335

    https://www.theinformation.com/articles/has-humane-created-the-next-iphone-or-the-next-google-glass

    https://humane.com

    https://www.youtube.com/watch?v=TitZV6k8zfA

    https://www.youtube.com/watch?v=6xWXRk3yaSw

    https://www.amazon.com/Anxious-Generation-Rewiring-Childhood-Epidemic/dp/0593655036

    https://www.amazon.com/Nexus-Trilogy-Book-1-ebook/dp/B00TOZI7FM

    https://www.amazon.com/Bad-Therapy-Kids-Arent-Growing/dp/0593542924

    https://www.wsj.com/sports/basketball/jontay-porter-banned-gambling-5dd9c1a8

    https://nypost.com/2024/04/17/sports/how-jontay-porter-orchestrated-failed-nba-gambling-scandal

    https://dknetwork.draftkings.com/2024/1/31/24054415/lebron-james-joins-draftkings-football-sports

    https://www.espn.com/espn/betting/story/_/id/39563784/sports-betting-industry-posts-record-11b-2023-revenue

    https://www.espn.com/nba/story/_/id/38386013/how-nba-new-rules-resting-stars-work

    https://www.youtube.com/watch?v=U2huVf1l4UE

    E174: Inflation stays hot, AI disclosure bill, Drone warfare, defense startups & more

    E174: Inflation stays hot, AI disclosure bill, Drone warfare, defense startups & more

    Register for the All-In Summit: https://summit.allinpodcast.co

    (0:00) Bestie Intros: J-Cal is out this week!

    (0:57) All-In Summit 2024 Announcement

    (3:10) Nvidia's market position, Collapse of Western cities, State of the cloud market

    (17:30) Inflation stays hotter than expected for the third straight month: chance of a HIKE instead of a cut?

    (45:41) AI disclosure bill: important step for creators or unnecessary?

    (1:06:27) Drone warfare: The future of war, Silicon Valley's defense decision

    Follow the besties:

    https://twitter.com/chamath

    https://twitter.com/Jason

    https://twitter.com/DavidSacks

    https://twitter.com/friedberg

    Follow on X:

    https://twitter.com/theallinpod

    Follow on Instagram:

    https://www.instagram.com/theallinpod

    Follow on TikTok:

    https://www.tiktok.com/@all_in_tok

    Follow on LinkedIn:

    https://www.linkedin.com/company/allinpod

    Intro Music Credit:

    https://rb.gy/tppkzl

    https://twitter.com/yung_spielburg

    Intro Video Credit:

    https://twitter.com/TheZachEffect

    Referenced in the show:

    https://summit.allinpodcast.co

    https://youtu.be/FgUKIRnxrxw

    https://laist.com/news/kpcc-archive/election-2014-prop-47-reduces-drug-and-property-cr

    https://www.sfchronicle.com/sf/article/san-francisco-election-progressives-18699100.php

    https://www.cnbc.com/2024/04/10/cpi-inflation-march-2024-consumer-prices-rose-3point5percent-from-a-year-ago-in-march.html

    https://www.investing.com/economic-calendar/core-cpi-736

    https://www.investing.com/economic-calendar/cpi-733

    https://twitter.com/LHSummers/status/1778093870271664291

    https://www.wsj.com/economy/inflation-march-cpi-report-interest-rate-239b7e5e

    https://twitter.com/LHSummers/status/1762607548828360798

    https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022using-the-governments-previous-formula

    https://twitter.com/chamath/status/1778098007625572487

    https://www.city-journal.org/article/lisa-d-cooks-careless-scholarship

    https://www.cnbc.com/2024/04/08/biden-will-announce-details-of-new-student-loan-forgiveness-plan.html

    https://www.livemint.com/news/world/bidens-4-5-trillion-spending-plan-faces-deficit-test-11619956141365.html

    https://twitter.com/unusual_whales/status/1778479545613439455

    https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html

    https://fred.stlouisfed.org/series/FEDFUNDS

    https://twitter.com/chamath/status/1777017715846455470/photo/1

    https://schiff.house.gov/news/press-releases/rep-schiff-introduces-groundbreaking-bill-to-create-ai-transparency-between-creators-and-companies

    https://schiff.house.gov/imo/media/doc/the_generative_ai_copyright_disclosure_act.pdf

    https://www.cnbc.com/2024/04/05/billie-eilish-nicki-minaj-200-artists-sign-letter-against-ai-music.html

    https://www.theverge.com/2024/4/6/24122915/openai-youtube-transcripts-gpt-4-training-data-google

    https://abcnews.go.com/Entertainment/jury-reaches-verdict-ed-sheeran-copyright-infringement-case/story

    https://www.youtube.com/watch?v=xG1vOxwgqJw

    https://twitter.com/sambendett/status/1774074927437475862

    https://www.reuters.com/world/europe/ukraine-produce-one-million-drones-next-year-zelenskiy-says-2023-12-19

    https://www.businessinsider.com/russia-has-seven-drones-every-one-ukraine-has-army-official-2023-12

    https://www.nytimes.com/2024/03/12/world/europe/ukraine-drone-russia-jamming.html

    https://www.politico.com/news/2023/12/19/missile-drone-pentagon-houthi-attacks-iran-00132480

    https://www.saildrone.com

    https://govciomedia.com/dod-seeks-to-grow-partnerships-with-silicon-valley-startups

    https://www.statista.com/statistics/1249871/share-of-the-global-lithium-ion-battery-manufacturing-capacity-by-country

    https://www.militaryaerospace.com/power/article/14072339/emp-high-power-electromagnetic-weapons-railguns-microwaves

    https://www.allencontrolsystems.com

    https://www.allencontrolsystems.com/bullfrog

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    Crédits

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    Besiegt Mark Zuckerberg nun Twitter?
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    Threads vs. Twitter: Mark Zuckerberg, Meta, and Threads are gunning to take Twitter down, and there might not be anything that Elon Musk can do about it.

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    Enjoying The X? Did we get it right? Check us out on YouTube and let us know what you think in the comments! https://www.youtube.com/@thexpodcast

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