All-In with Chamath, Jason, Sacks & Friedberg

(0:00) Bestie intros! (1:02) CA Billionaire Tax (17:00) Major NBA gambling scandal (29:51) Amazon's eventful week: AWS outage and leaked robotic automation plans (49:55) Tesla earnings, Optimus, Elon's pay package, "corporate terrorists" (1:03:54) Study shows AI bias Follow the besties: https://x.com/chamath [https://x.com/chamath] https://x.com/Jason [https://x.com/Jason] https://x.com/DavidSacks [https://x.com/DavidSacks] https://x.com/friedberg [https://x.com/friedberg] Follow on X: https://x.com/theallinpod [https://x.com/theallinpod] Follow on Instagram: https://www.instagram.com/theallinpod [https://www.instagram.com/theallinpod] Follow on TikTok: https://www.tiktok.com/@theallinpod [https://www.tiktok.com/@theallinpod] Follow on LinkedIn: https://www.linkedin.com/company/allinpod [https://www.linkedin.com/company/allinpod] Intro Music Credit: https://rb.gy/tppkzl [https://rb.gy/tppkzl] https://x.com/yung_spielburg [https://x.com/yung_spielburg] Intro Video Credit: https://x.com/TheZachEffect [https://x.com/TheZachEffect] Referenced in the show: https://www.latimes.com/california/story/2022-05-25/rick-caruso-jeffrey-katzenberg-bicker-los-angeles-mayor-election [https://www.latimes.com/california/story/2022-05-25/rick-caruso-jeffrey-katzenberg-bicker-los-angeles-mayor-election] https://www.thefp.com/p/rick-caruso-refuses-to-shake-jeffrey-katzenbergs-hand [https://www.thefp.com/p/rick-caruso-refuses-to-shake-jeffrey-katzenbergs-hand] https://www.latimes.com/la-influential/story/2024-06-16/jeffrey-katzenberg-hollywood-fundraiser-democrats [https://www.latimes.com/la-influential/story/2024-06-16/jeffrey-katzenberg-hollywood-fundraiser-democrats] https://www.cnbc.com/2025/10/23/nba-billups-rozier-sports-betting-arrests-gambling.html [https://www.cnbc.com/2025/10/23/nba-billups-rozier-sports-betting-arrests-gambling.html] https://oag.ca.gov/system/files/initiatives/pdfs/25-0024%20%28Billionaire%20Tax%20%29.pdf [https://oag.ca.gov/system/files/initiatives/pdfs/25-0024%20%28Billionaire%20Tax%20%29.pdf] https://x.com/MovieTimeDev/status/1968107643643498744 [https://x.com/MovieTimeDev/status/1968107643643498744] https://www.coindesk.com/business/2025/10/23/polymarket-seeks-investment-at-valuation-of-usd12b-usd15b-bloomberg [https://www.coindesk.com/business/2025/10/23/polymarket-seeks-investment-at-valuation-of-usd12b-usd15b-bloomberg] https://x.com/SawyerMerritt/status/1981119824991322553 [https://x.com/SawyerMerritt/status/1981119824991322553] https://www.nytimes.com/2025/10/21/technology/inside-amazons-plans-to-replace-workers-with-robots.html [https://www.nytimes.com/2025/10/21/technology/inside-amazons-plans-to-replace-workers-with-robots.html] https://nypost.com/2024/02/21/business/googles-ai-chatbot-gemini-makes-diverse-images-of-founding-fathers-popes-and-vikings-so-woke-its-unusable/ [https://nypost.com/2024/02/21/business/googles-ai-chatbot-gemini-makes-diverse-images-of-founding-fathers-popes-and-vikings-so-woke-its-unusable/] https://ogletree.com/insights-resources/blog-posts/10-faqs-about-californias-new-algorithmic-discrimination-rules/ [https://ogletree.com/insights-resources/blog-posts/10-faqs-about-californias-new-algorithmic-discrimination-rules/] https://www.crowell.com/en/insights/client-alerts/artificial-intelligence-in-employment-update-illinois-requires-notice-and-prohibits-discriminatory-impact-in-use-of-ai [https://www.crowell.com/en/insights/client-alerts/artificial-intelligence-in-employment-update-illinois-requires-notice-and-prohibits-discriminatory-impact-in-use-of-ai] https://www.nytimes.com/live/2025/10/23/nyregion/nba-illegal-gambling-arrests [https://www.nytimes.com/live/2025/10/23/nyregion/nba-illegal-gambling-arrests] https://x.com/AndrewDBailey/status/1981409771505713650 [https://x.com/AndrewDBailey/status/1981409771505713650] https://seekingalpha.com/article/4832142-tesla-inc-tsla-q3-2025-earnings-call-transcript [https://seekingalpha.com/article/4832142-tesla-inc-tsla-q3-2025-earnings-call-transcript] https://x.com/shayne_coplan/status/1981016949309239616 [https://x.com/shayne_coplan/status/1981016949309239616] https://www.bloomberg.com/news/articles/2025-10-23/polymarket-is-seeking-funding-at-a-valuation-of-up-to-15-billion [https://www.bloomberg.com/news/articles/2025-10-23/polymarket-is-seeking-funding-at-a-valuation-of-up-to-15-billion] https://www.google.com/finance/quote/DKNG:NASDAQ?window=1M [https://www.google.com/finance/quote/DKNG:NASDAQ?window=1M] https://www.google.com/finance/quote/FLUT:NYSE?window=1M [https://www.google.com/finance/quote/FLUT:NYSE?window=1M]

(0:00) Chamath and Jason welcome Senator Joe Manchin! (4:20) Blocking Build Back Better, defending the filibuster while dealing with paid protestors and death threats (19:39) How Biden's staff pushed him to the far left, mental acuity, how he "lost the will to fight," why Obama was an "elusive" president (28:12) Why socialism is on the rise in America, entitlement culture (37:06) Importance of term limits in Congress, Joe's favorite current senators, cascading issues from the loss of bipartisanship (52:25) Breaking the Dem/Rep duopoly by opening up primaries, thoughts on midterms in 2026 (57:18) Expectation vs reality for Obama, Trump and Biden presidencies; thoughts on the 2028 election Follow the besties: https://x.com/chamath [https://x.com/chamath] https://x.com/Jason [https://x.com/Jason] https://x.com/DavidSacks [https://x.com/DavidSacks] https://x.com/friedberg [https://x.com/friedberg] Follow on X: https://x.com/theallinpod [https://x.com/theallinpod] Follow on Instagram: https://www.instagram.com/theallinpod [https://www.instagram.com/theallinpod] Follow on TikTok: https://www.tiktok.com/@theallinpod [https://www.tiktok.com/@theallinpod] Follow on LinkedIn: https://www.linkedin.com/company/allinpod [https://www.linkedin.com/company/allinpod] Intro Music Credit: https://rb.gy/tppkzl [https://rb.gy/tppkzl] https://x.com/yung_spielburg [https://x.com/yung_spielburg] Intro Video Credit: https://x.com/TheZachEffect [https://x.com/TheZachEffect]

(0:00) Introducing Jan Sramek (0:51) How California Forever is building America’s next great city Thanks to our partners for making this happen! Solana - Solana is the high performance network powering internet capital markets, payments, and crypto applications. Connect with investors, crypto founders, and entrepreneurs at Solana’s global flagship event during Abu Dhabi Finance Week & F1: https://solana.com/breakpoint [https://solana.com/breakpoint] OKX - The new way to build your crypto portfolio and use it in daily life. We call it the new money app. https://www.okx.com/ [https://www.okx.com/] Google Cloud - The next generation of unicorns is building on Google Cloud's industry-leading, fully integrated AI stack: infrastructure, platform, models, agents, and data. https://cloud.google.com/ [https://cloud.google.com/] IREN - IREN AI Cloud, powered by NVIDIA GPUs, provides the scale, performance, and reliability to accelerate your AI journey. https://iren.com/ [https://iren.com/] Oracle - Step into the future of enterprise productivity at Oracle AI Experience Live. https://www.oracle.com/artificial-intelligence/data-ai-events/ [https://www.oracle.com/artificial-intelligence/data-ai-events/] Circle - The America-based company behind USDC — a fully-reserved, enterprise-grade stablecoin at the core of the emerging internet financial system. https://www.circle.com/ [https://www.circle.com/] BVNK - Building stablecoin-powered financial infrastructure that helps businesses send, store, and spend value instantly, anywhere in the world. https://www.bvnk.com/ [https://www.bvnk.com/] Polymarket - The world’s largest prediction market. https://www.polymarket.com/ [https://www.polymarket.com/] Follow Jan: https://x.com/jansramek [https://x.com/jansramek] Follow the besties: https://x.com/chamath [https://x.com/chamath] https://x.com/Jason [https://x.com/Jason] https://x.com/DavidSacks [https://x.com/DavidSacks] https://x.com/friedberg [https://x.com/friedberg] Follow on X: https://x.com/theallinpod [https://x.com/theallinpod] Follow on Instagram: https://www.instagram.com/theallinpod [https://www.instagram.com/theallinpod] Follow on TikTok: https://www.tiktok.com/@theallinpod [https://www.tiktok.com/@theallinpod] Follow on LinkedIn: https://www.linkedin.com/company/allinpod [https://www.linkedin.com/company/allinpod] Intro Music Credit: https://rb.gy/tppkzl [https://rb.gy/tppkzl] https://x.com/yung_spielburg [https://x.com/yung_spielburg]

(0:00) Bestie intros! Dreamforce and another interesting conference take the Bay Area (3:35) State of crime in SF, do they need the National Guard? (20:48) US to impose price floors after China puts export controls on rare earths, can America on-shore a full-stack rare earth industry? (36:15) State of US-China ahead of the Trump-Xi meeting, how we got here, China's elite mercantilism and strong economic history (52:59) AI PR crisis: Recent datacenters get denied Follow the besties: https://x.com/chamath [https://x.com/chamath] https://x.com/Jason [https://x.com/Jason] https://x.com/DavidSacks [https://x.com/DavidSacks] https://x.com/friedberg [https://x.com/friedberg] Follow on X: https://x.com/theallinpod [https://x.com/theallinpod] Follow on Instagram: https://www.instagram.com/theallinpod [https://www.instagram.com/theallinpod] Follow on TikTok: https://www.tiktok.com/@theallinpod [https://www.tiktok.com/@theallinpod] Follow on LinkedIn: https://www.linkedin.com/company/allinpod [https://www.linkedin.com/company/allinpod] Intro Music Credit: https://rb.gy/tppkzl [https://rb.gy/tppkzl] https://x.com/yung_spielburg [https://x.com/yung_spielburg] Intro Video Credit: https://x.com/TheZachEffect [https://x.com/TheZachEffect] Referenced in the show: https://www.nytimes.com/2025/10/10/us/marc-benioff-san-francisco-guard.html [https://www.nytimes.com/2025/10/10/us/marc-benioff-san-francisco-guard.html] https://www.wsj.com/opinion/san-francisco-cleans-up-for-xi-why-not-for-thee-242c67e3 [https://www.wsj.com/opinion/san-francisco-cleans-up-for-xi-why-not-for-thee-242c67e3] https://x.com/the_jefferymead/status/1978130345200427334 [https://x.com/the_jefferymead/status/1978130345200427334] https://www.sfchronicle.com/opinion/nualabishari/article/san-francisco-harm-reduction-managed-alcohol-19489131.php [https://www.sfchronicle.com/opinion/nualabishari/article/san-francisco-harm-reduction-managed-alcohol-19489131.php] https://www.kqed.org/news/11985941/sf-program-isnt-just-free-beer-for-unhoused-its-backed-up-by-research [https://www.kqed.org/news/11985941/sf-program-isnt-just-free-beer-for-unhoused-its-backed-up-by-research] https://www.nbcnews.com/politics/politics-news/jb-pritzker-won-14-million-vegas-playing-blackjack-rcna237961 [https://www.nbcnews.com/politics/politics-news/jb-pritzker-won-14-million-vegas-playing-blackjack-rcna237961] https://www.ft.com/content/ca3b3254-e161-41d1-b459-bc3c83004e4e [https://www.ft.com/content/ca3b3254-e161-41d1-b459-bc3c83004e4e] https://www.nytimes.com/2025/10/12/business/china-rare-earth-export-controls.html [https://www.nytimes.com/2025/10/12/business/china-rare-earth-export-controls.html] https://truthsocial.com/@realDonaldTrump/posts/115351840469973590 [https://truthsocial.com/@realDonaldTrump/posts/115351840469973590] https://truthsocial.com/@realDonaldTrump/posts/115350455734003647 [https://truthsocial.com/@realDonaldTrump/posts/115350455734003647] https://mpmaterials.com/mountain-pass [https://mpmaterials.com/mountain-pass] https://www.reuters.com/world/china/trump-track-meet-xi-south-korea-bessent-says-2025-10-13/ [https://www.reuters.com/world/china/trump-track-meet-xi-south-korea-bessent-says-2025-10-13/] https://chinapower.csis.org/tracker/china-gdp [https://chinapower.csis.org/tracker/china-gdp] https://www.reuters.com/world/china/chinas-communist-party-holds-plenum-its-next-five-year-plan-what-does-it-mean-2025-10-15 [https://www.reuters.com/world/china/chinas-communist-party-holds-plenum-its-next-five-year-plan-what-does-it-mean-2025-10-15] https://www.economist.com/china/2025/10/09/xi-jinping-is-personally-involved-in-chinas-new-five-year-plan [https://www.economist.com/china/2025/10/09/xi-jinping-is-personally-involved-in-chinas-new-five-year-plan] https://www.amazon.com/Lee-Kuan-Yew-Insights-international/dp/0262019124 [https://www.amazon.com/Lee-Kuan-Yew-Insights-international/dp/0262019124] https://www.mearsheimer.com/wp-content/uploads/2019/06/The-Australian-November-18-2005.pdf [https://www.mearsheimer.com/wp-content/uploads/2019/06/The-Australian-November-18-2005.pdf] https://nationalinterest.org/feature/can-china-rise-peacefully-10204 [https://nationalinterest.org/feature/can-china-rise-peacefully-10204] https://www.whitecase.com/insight-alert/china-imposes-extraterritorial-jurisdiction-and-50-rule-export-controls-rare-earth [https://www.whitecase.com/insight-alert/china-imposes-extraterritorial-jurisdiction-and-50-rule-export-controls-rare-earth] https://www.jdsupra.com/legalnews/commerce-department-issues-affiliates-5215830/ [https://www.jdsupra.com/legalnews/commerce-department-issues-affiliates-5215830/] https://www.amazon.com/End-History-Last-Man/dp/0743284550 [https://www.amazon.com/End-History-Last-Man/dp/0743284550] https://www.amazon.com/Clash-Civilizations-Remaking-World-Order/dp/1451628978 [https://www.amazon.com/Clash-Civilizations-Remaking-World-Order/dp/1451628978] https://www.amazon.com/World-Flat-History-Twenty-first-Century/dp/0374292884 [https://www.amazon.com/World-Flat-History-Twenty-first-Century/dp/0374292884] https://x.com/balajis/status/1937517664907460980 [https://x.com/balajis/status/1937517664907460980] https://x.com/chamath/status/1978584886329082098 [https://x.com/chamath/status/1978584886329082098] https://www.datacenterwatch.org/report [https://www.datacenterwatch.org/report] https://x.com/chamath/status/1977794775148601541 [https://x.com/chamath/status/1977794775148601541]

(0:00) Chamath and Friedberg welcome Andrew Ross Sorkin to discuss his new book, "1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation" (0:38) Why he chose this time period (3:22) The setup: what led to the 1929 crash (19:24) The characters: major players in the 1929 crash; what kind of bubble are we experiencing in 2025? (26:21) Role of journalist vs market participant; characters of the 2025 market (30:10) AI's potential 1929-like impact on unemployment (35:16) Why socialism is flaring up now more than it did post-1929 (40:34) Does the US need a 2025 "New Deal" on cutting spending, tariff balancing act (46:51) Film rights strategy Buy Sorkin's new book: https://www.amazon.com/1929-Inside-Greatest-History-Shattered/dp/0593296966 [https://www.amazon.com/1929-Inside-Greatest-History-Shattered/dp/0593296966] Follow Andrew Ross Sorkin: https://x.com/andrewrsorkin [https://x.com/andrewrsorkin] Follow the besties: https://x.com/chamath [https://x.com/chamath] https://x.com/Jason [https://x.com/Jason] https://x.com/DavidSacks [https://x.com/DavidSacks] https://x.com/friedberg [https://x.com/friedberg] Follow on X: https://x.com/theallinpod [https://x.com/theallinpod] Follow on Instagram: https://www.instagram.com/theallinpod [https://www.instagram.com/theallinpod] Follow on TikTok: https://www.tiktok.com/@theallinpod [https://www.tiktok.com/@theallinpod] Follow on LinkedIn: https://www.linkedin.com/company/allinpod [https://www.linkedin.com/company/allinpod] Intro Music Credit: https://rb.gy/tppkzl [https://rb.gy/tppkzl] https://x.com/yung_spielburg [https://x.com/yung_spielburg] Intro Video Credit: https://x.com/TheZachEffect [https://x.com/TheZachEffect] Referenced in the show: https://www.amazon.com/1929-Inside-Greatest-History-Shattered/dp/0593296966 [https://www.amazon.com/1929-Inside-Greatest-History-Shattered/dp/0593296966] https://archive.org/details/sim_ladies-home-journal_1929-08_46_8/page/n9/mode/2up [https://archive.org/details/sim_ladies-home-journal_1929-08_46_8/page/n9/mode/2up]