All-In with Chamath, Jason, Sacks & Friedberg

(0:00) Bestie intros! (3:49) Announcement: Besties are hosting The All-In Holiday Spectacular in San Francisco on December 7th! Get tickets: https://allin.com/events [https://allin.com/events] (9:08) Macro and markets: making sense of unique asset diversions (27:23) Gen Z's economic cultural movements (38:28) Reallocating assets for a new period of constraints (53:52) Election update: Data leans Trump as we enter the home stretch (1:19:01) Is Starbucks fixable? Or has it hit market saturation? Get tickets to The All-In Holiday Spectacular: https://allin.com/events [https://allin.com/events] 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://allin.com/events [https://allin.com/events] https://fred.stlouisfed.org/series/DGS10 [https://fred.stlouisfed.org/series/DGS10] https://www.google.com/finance/quote/GCW00:COMEX [https://www.google.com/finance/quote/GCW00:COMEX] https://www.google.com/finance/quote/SPY:NYSEARCA [https://www.google.com/finance/quote/SPY:NYSEARCA] https://www.google.com/finance/quote/BTC-USD [https://www.google.com/finance/quote/BTC-USD] https://www.cnbc.com/2024/10/22/tudor-jones-is-long-gold-and-bitcoin-as-hedge-fund-titan-believes-all-roads-lead-to-inflation.html [https://www.cnbc.com/2024/10/22/tudor-jones-is-long-gold-and-bitcoin-as-hedge-fund-titan-believes-all-roads-lead-to-inflation.html] https://www.marketwatch.com/story/stanley-druckenmiller-says-hes-shorting-u-s-bonds-and-staying-out-of-china-1fcf751e [https://www.marketwatch.com/story/stanley-druckenmiller-says-hes-shorting-u-s-bonds-and-staying-out-of-china-1fcf751e] https://www.cnbc.com/2024/10/10/cpi-inflation-september-2024.html [https://www.cnbc.com/2024/10/10/cpi-inflation-september-2024.html] https://fred.stlouisfed.org/series/A091RC1Q027SBEA [https://fred.stlouisfed.org/series/A091RC1Q027SBEA] https://news.bloomberglaw.com/daily-tax-report-international/uk-budget-fears-push-owners-to-close-firms-to-avoid-tax-hikes [https://news.bloomberglaw.com/daily-tax-report-international/uk-budget-fears-push-owners-to-close-firms-to-avoid-tax-hikes] https://www.banque-france.fr/en/statistics/compagnies/business-failures-france-2024-09 [https://www.banque-france.fr/en/statistics/compagnies/business-failures-france-2024-09] https://www.reuters.com/markets/brazil-inflation-expectations-above-target-says-cenbank-director-picchetti-2024-10-23 [https://www.reuters.com/markets/brazil-inflation-expectations-above-target-says-cenbank-director-picchetti-2024-10-23] https://www.cnbc.com/2024/09/14/more-than-half-of-gen-z-want-to-be-influencers-but-its-constant.html [https://www.cnbc.com/2024/09/14/more-than-half-of-gen-z-want-to-be-influencers-but-its-constant.html] https://pro.morningconsult.com/analyst-reports/influencer-marketing-trends-report [https://pro.morningconsult.com/analyst-reports/influencer-marketing-trends-report] https://www.longtermtrends.net/market-cap-to-gdp-the-buffett-indicator [https://www.longtermtrends.net/market-cap-to-gdp-the-buffett-indicator] https://www.oaktreecapital.com/insights/memo/ruminating-on-asset-allocation [https://www.oaktreecapital.com/insights/memo/ruminating-on-asset-allocation] https://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-earnings-chart [https://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-earnings-chart] https://www.realclearpolling.com/polls/president/general/2024/trump-vs-harris [https://www.realclearpolling.com/polls/president/general/2024/trump-vs-harris] https://www.natesilver.net/p/nate-silver-2024-president-election-polls-model [https://www.natesilver.net/p/nate-silver-2024-president-election-polls-model] https://www.nytimes.com/2024/10/23/opinion/election-polls-results-trump-harris.html [https://www.nytimes.com/2024/10/23/opinion/election-polls-results-trump-harris.html] https://www.cnbc.com/2024/10/24/polymarket-trump-french-election-bet.html [https://www.cnbc.com/2024/10/24/polymarket-trump-french-election-bet.html] https://x.com/scubaryan_/status/1848072120699625968 [https://x.com/scubaryan_/status/1848072120699625968] https://www.cnn.com/2024/10/23/politics/video/border-wall-kamala-harris-cnn-town-hall-digvid [https://www.cnn.com/2024/10/23/politics/video/border-wall-kamala-harris-cnn-town-hall-digvid] https://x.com/justintrudeau/status/1849467713711710699 [https://x.com/justintrudeau/status/1849467713711710699] https://x.com/scubaryan_/status/1848072120699625968 [https://x.com/scubaryan_/status/1848072120699625968] https://awfulannouncing.com/barstool/dave-portnoy-turned-down-kamala-harris-interview.html [https://awfulannouncing.com/barstool/dave-portnoy-turned-down-kamala-harris-interview.html] https://investor.starbucks.com/news/financial-releases/news-details/2024/Starbucks-Reports-Preliminary-Q4-and-Full-Fiscal-Year-2024-Results/default.aspx [https://investor.starbucks.com/news/financial-releases/news-details/2024/Starbucks-Reports-Preliminary-Q4-and-Full-Fiscal-Year-2024-Results/default.aspx]

(0:00) Bestie intros (2:01) Polls vs Prediction markets, dueling interviews, election update (16:06) Tesla's Robotaxi event and SpaceX's Starship catch (27:36) Uber reportedly looking into acquiring Expedia (45:19) Nuclear Vibe Shift? Big tech is looking toward nuclear solutions to power AI (1:11:10) Lawfare from the California Coastal Commission 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://polymarket.com/event/presidential-election-winner-2024?tid=1729285428575 [https://polymarket.com/event/presidential-election-winner-2024?tid=1729285428575] https://x.com/elonmusk/status/1846826782797799580 [https://x.com/elonmusk/status/1846826782797799580] https://x.com/collinrugg/status/1845472475322462468 [https://x.com/collinrugg/status/1845472475322462468] https://x.com/SawyerMerritt/status/1839424008900477354 [https://x.com/SawyerMerritt/status/1839424008900477354] https://www.ft.com/content/94a25bf7-e62b-462a-a4f0-e4feb6e244f7 [https://www.ft.com/content/94a25bf7-e62b-462a-a4f0-e4feb6e244f7] https://www.google.com/finance/quote/EXPE:NASDAQ [https://www.google.com/finance/quote/EXPE:NASDAQ] https://companiesmarketcap.com/expedia/revenue [https://companiesmarketcap.com/expedia/revenue] https://x.com/Jason/status/1847016512583786921 [https://x.com/Jason/status/1847016512583786921] https://www.cnbc.com/2024/10/16/amazon-goes-nuclear-investing-more-than-500-million-to-develop-small-module-reactors.html [https://www.cnbc.com/2024/10/16/amazon-goes-nuclear-investing-more-than-500-million-to-develop-small-module-reactors.html] https://www.cnbc.com/2024/10/14/google-inks-deal-with-nuclear-company-as-data-center-power-demand-surges.html [https://www.cnbc.com/2024/10/14/google-inks-deal-with-nuclear-company-as-data-center-power-demand-surges.html] https://www.cnbc.com/2024/09/20/constellation-energy-to-restart-three-mile-island-and-sell-the-power-to-microsoft.html [https://www.cnbc.com/2024/09/20/constellation-energy-to-restart-three-mile-island-and-sell-the-power-to-microsoft.html] https://www.politico.com/news/2024/10/16/california-coastal-commission-elon-musk-00184017 [https://www.politico.com/news/2024/10/16/california-coastal-commission-elon-musk-00184017]

(0:00) Announcement from Friedberg (0:18) Besties intro JD Vance! (3:33) America's innovation problem (5:04) Thoughts on Trump (8:53) Would JD Vance have certified the election in 2020? (12:02) Increasing government efficiency, shrinking the deficit, Vance's role as VP, thoughts on EOs (19:35) Political realignment: Dick Cheney endorses Kamala Harris, winners and losers of the last 30 years (23:58) Thoughts on Lina Khan clamping down on tech M&A and her impact on the startup ecosystem (25:55) Fixing the Southern Border (32:16) How to practically approach deportations, who's coming in through the Southern Border? (36:51) Relationship with China Follow JD Vance: https://x.com/JDVance [https://x.com/JDVance] 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) Bestie intros! (3:18) The science behind Hurricanes Helene and Milton (14:59) The economics of intensifying natural disasters (29:03) AlphaFold creators win Nobel Prize in Chemistry (35:17) The Jayter's Ball (38:53) Google antitrust update: DOJ is going for a breakup (53:32) VC giveback: CRV will return ~$275M of a $500M fund to LPs (1:03:44) New TikTok survey shows increased usage as a news source (1:15:26) Election update: Are polling problems causing a strategy shift for Kamala Harris? 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://allin.com/meetups [https://allin.com/meetups] https://youtube.com/@allin [https://youtube.com/@allin] https://allin.com/tequila [https://allin.com/tequila] https://allin.com [https://allin.com] https://x.com/Ry_Bass/status/1844367980249178396 [https://x.com/Ry_Bass/status/1844367980249178396] https://www.newsweek.com/hurricane-helene-update-economic-losses-damage-could-total-160-billion-1961240 [https://www.newsweek.com/hurricane-helene-update-economic-losses-damage-could-total-160-billion-1961240] https://www.climate.gov/news-features/blogs/enso/september-2024-enso-update-binge-watch [https://www.climate.gov/news-features/blogs/enso/september-2024-enso-update-binge-watch] https://www.nature.com/articles/s43247-024-01442-3 [https://www.nature.com/articles/s43247-024-01442-3] https://x.com/vkhosla/status/1844166857655533811 [https://x.com/vkhosla/status/1844166857655533811] https://www.aoml.noaa.gov/hrd/hrd_sub/sfury.html [https://www.aoml.noaa.gov/hrd/hrd_sub/sfury.html] https://www.nature.com/articles/d41586-024-03214-7 [https://www.nature.com/articles/d41586-024-03214-7] https://www.bloomberg.com/news/articles/2024-10-09/us-says-it-s-weighing-google-breakup-as-remedy-in-monopoly-case [https://www.bloomberg.com/news/articles/2024-10-09/us-says-it-s-weighing-google-breakup-as-remedy-in-monopoly-case] https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rtKjE02hAh_k/v0 [https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rtKjE02hAh_k/v0] https://x.com/AOC/status/1844034727935988155 [https://x.com/AOC/status/1844034727935988155] https://www.nytimes.com/2024/10/02/technology/crv-vc-fund-returning-money.html [https://www.nytimes.com/2024/10/02/technology/crv-vc-fund-returning-money.html] https://www.axios.com/2023/03/03/founders-fund-slashes-vc-peter-thiel [https://www.axios.com/2023/03/03/founders-fund-slashes-vc-peter-thiel] https://www.pewresearch.org/short-reads/2024/09/17/more-americans-regularly-get-news-on-tiktok-especially-young-adults [https://www.pewresearch.org/short-reads/2024/09/17/more-americans-regularly-get-news-on-tiktok-especially-young-adults] https://www.pewresearch.org/data-labs/2024/10/08/who-u-s-adults-follow-on-tiktok [https://www.pewresearch.org/data-labs/2024/10/08/who-u-s-adults-follow-on-tiktok] https://www.wsj.com/world/europe/russia-pays-criminals-to-sow-mayhem-in-europe-warns-u-k-spy-chief-21ab960c [https://www.wsj.com/world/europe/russia-pays-criminals-to-sow-mayhem-in-europe-warns-u-k-spy-chief-21ab960c] https://x.com/iapolls2022/status/1844418916107341948 [https://x.com/iapolls2022/status/1844418916107341948] https://x.com/2waytvapp/status/1844803367740096811 [https://x.com/2waytvapp/status/1844803367740096811] https://x.com/DavidSacks/status/1829383729284067659 [https://x.com/DavidSacks/status/1829383729284067659]

(0:00) Announcement from Friedberg (0:24) Besties intro Elon Musk! (1:23) The Battle of Free Speech (10:24) Potential government efficiency agency (27:45) SpaceX updates, overreaching regulations (36:10) Thoughts on Boeing's culture (38:27) The 80/20 AI Future (54:03) Elon and Jason share unaired SNL skits Follow Elon: https://x.com/elonmusk [https://x.com/elonmusk] 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]