Jay Powell

All right, everybody, welcome back to the All In podcast. I'm your host, Jay Powell from Japan here, cutting turns in Niseko and at E1I, and we have an incredible lineup today. As always, the chairman dictator Chamath is here to reign supreme. How are you doing, brother?

All right, everybody, welcome back to the All In podcast. I'm your host, Jay Powell from Japan here, cutting turns in Niseko and at E1I, and we have an incredible lineup today. As always, the chairman dictator Chamath is here to reign supreme. How are you doing, brother?

Okay, Cyan, you've heard Chamath and Freeberg's take here. some amount of incompetence, some amount of, hey, this keeps occurring and there might be some global warming that is contributing to it. What do you take away from this situation?

Okay, Cyan, you've heard Chamath and Freeberg's take here. some amount of incompetence, some amount of, hey, this keeps occurring and there might be some global warming that is contributing to it. What do you take away from this situation?

Yeah, and I actually lived right next door to this area for a long time in Brentwood. And to your point about roofs, it seems silly. And a lot of these fire prevention things can seem silly when you first mention them, which Trump looked, let's face it, the way he says things sometimes is very colorful.

Yeah, and I actually lived right next door to this area for a long time in Brentwood. And to your point about roofs, it seems silly. And a lot of these fire prevention things can seem silly when you first mention them, which Trump looked, let's face it, the way he says things sometimes is very colorful.

And when he said, listen, you're not raking like people in wherever he said it, Scandinavia, Finland are raking the forest. And he was absolutely 100% correct on that. Maybe it sounded bombastic or silly when the way he said it. But the truth is, in Tahoe, where we just were over the holidays, people are clearing underbrush.

And when he said, listen, you're not raking like people in wherever he said it, Scandinavia, Finland are raking the forest. And he was absolutely 100% correct on that. Maybe it sounded bombastic or silly when the way he said it. But the truth is, in Tahoe, where we just were over the holidays, people are clearing underbrush.

When I lived in Los Angeles, people who lived in the Hollywood Hills would get a fine if they didn't clear it. But there are mountain ranges that nobody owns. And when you showed that Sepulveda Pass, that's the 405 going past the Getty Center. That area has got to be cleaned by the city and the government. And maybe they weren't doing it as much. Look at this. This is apocalyptic.

When I lived in Los Angeles, people who lived in the Hollywood Hills would get a fine if they didn't clear it. But there are mountain ranges that nobody owns. And when you showed that Sepulveda Pass, that's the 405 going past the Getty Center. That area has got to be cleaned by the city and the government. And maybe they weren't doing it as much. Look at this. This is apocalyptic.

Yeah, so I know this past very well because I would drive through it.

Yeah, so I know this past very well because I would drive through it.

Yeah, and I think that's going to be a big part of this breakdown after this happens, because in a lot of these cases, you might lose a home or two, but you haven't had this kind of wholesale destruction in a while. And when I lived in Brentwood, I had a shake roof. That's a fancy way of saying shingles, wood shingles, and they would bake in the sun.

Yeah, and I think that's going to be a big part of this breakdown after this happens, because in a lot of these cases, you might lose a home or two, but you haven't had this kind of wholesale destruction in a while. And when I lived in Brentwood, I had a shake roof. That's a fancy way of saying shingles, wood shingles, and they would bake in the sun.

And I love this roof, but my neighbors, who in Brentwood were all 70, 80 years old, and I was right on Sunset Boulevard, and I could look up from my house and see the place you just showed, which is the Getty Center and the Sepulveda Pass on the 405 and Sunset Boulevard. I was only allowed cyan to replace 30% of my roof at a time. You couldn't replace it and put shake roofs on.

And I love this roof, but my neighbors, who in Brentwood were all 70, 80 years old, and I was right on Sunset Boulevard, and I could look up from my house and see the place you just showed, which is the Getty Center and the Sepulveda Pass on the 405 and Sunset Boulevard. I was only allowed cyan to replace 30% of my roof at a time. You couldn't replace it and put shake roofs on.

You could only like maintain it because in 1961, there was the Bel Air and Brentwood fires. And these fires, you want to talk about like in memory, Jamal, this one, Zsa Zsa Gabor and tons of celebrities lost their homes as well. This one was started because of the Santa Ana winds and somebody was just burning a rubbish pile. I think it was some construction workers were burning that.

You could only like maintain it because in 1961, there was the Bel Air and Brentwood fires. And these fires, you want to talk about like in memory, Jamal, this one, Zsa Zsa Gabor and tons of celebrities lost their homes as well. This one was started because of the Santa Ana winds and somebody was just burning a rubbish pile. I think it was some construction workers were burning that.

They said to me, the neighbors, do you know about the Bel Air fire? You know what the Brentwood fire? You got to get rid of that shake roof. You got to get rid of that shake roof. When my daughter was born, the roofer said to me, let's put composites on. I put composites on. And he said, what do you want to do with the sprinkler system?

They said to me, the neighbors, do you know about the Bel Air fire? You know what the Brentwood fire? You got to get rid of that shake roof. You got to get rid of that shake roof. When my daughter was born, the roofer said to me, let's put composites on. I put composites on. And he said, what do you want to do with the sprinkler system?

I'm just wearing my kimono as I want to do here on the All In podcast.

I'm just wearing my kimono as I want to do here on the All In podcast.

And I said, there's a sprinkler system in my little one story ranch house? He said, yeah. I said, I've never seen it. And he showed it to me. It was on the roof. People were so scared after that 62 fire, they were putting these on the roof. And now you cannot have. Wood roofs have been banned. You were grandfathered in. I was part of that. But there was a lot of PTSD from that.

And I said, there's a sprinkler system in my little one story ranch house? He said, yeah. I said, I've never seen it. And he showed it to me. It was on the roof. People were so scared after that 62 fire, they were putting these on the roof. And now you cannot have. Wood roofs have been banned. You were grandfathered in. I was part of that. But there was a lot of PTSD from that.

And now I do think there's going to have to be some lessons learned. And let's get to where some folks online are pointing to maybe not having great priorities, and maybe focusing on things that are not as important as the taxpaying citizens. A lot of tweets, I don't know how people feel about them, about DEI, about who's running the fire department, etc.

And now I do think there's going to have to be some lessons learned. And let's get to where some folks online are pointing to maybe not having great priorities, and maybe focusing on things that are not as important as the taxpaying citizens. A lot of tweets, I don't know how people feel about them, about DEI, about who's running the fire department, etc.

Did you have any thoughts on that, Friedberg?

Did you have any thoughts on that, Friedberg?

I just decided in 2025, I'm going to live my best life and I'm going to do everything. Anybody asked me to do something, I'm saying yes.

I just decided in 2025, I'm going to live my best life and I'm going to do everything. Anybody asked me to do something, I'm saying yes.

This is an important one. James Woods, obviously the famous actor, who lost his home in Pacific Palisades, has been going on a bit of a rant about Christine Crowley. She is LA's fire chief. She also happens to be a lesbian and has made a priority and done a number of talks on trying to increase diversity inside of the fire department.

This is an important one. James Woods, obviously the famous actor, who lost his home in Pacific Palisades, has been going on a bit of a rant about Christine Crowley. She is LA's fire chief. She also happens to be a lesbian and has made a priority and done a number of talks on trying to increase diversity inside of the fire department.

She also, just with a bit of research, is one of the top performing firefighters in a paramedic, an engineer, a fire inspector, a captain, a battalion chief, an assistant chief, fire marshal, deputy chief. And when she took the firefighter exam in the late 90s, she was scored in the top 50 out of 16,000. She seems eminently qualified.

She also, just with a bit of research, is one of the top performing firefighters in a paramedic, an engineer, a fire inspector, a captain, a battalion chief, an assistant chief, fire marshal, deputy chief. And when she took the firefighter exam in the late 90s, she was scored in the top 50 out of 16,000. She seems eminently qualified.

There has been a massive pile on attack on her and, you know, how it is on X and other social networks where people are really tweaked about DEI that they're kind of putting the blame on her. What are your thoughts of this DEI angle, Chamath?

There has been a massive pile on attack on her and, you know, how it is on X and other social networks where people are really tweaked about DEI that they're kind of putting the blame on her. What are your thoughts of this DEI angle, Chamath?

Okay. So, and yeah, I'm over the moon right now. And then I'll be going to the inauguration to see all my friends. and celebrate the big Trump victory and tape an episode there. With us, of course, David Freberg, your resident sultan of science. And not a moment too soon, we have so much to talk about. What's the background here? Those are some dead trees with Mount Fuji in the background?

Okay. So, and yeah, I'm over the moon right now. And then I'll be going to the inauguration to see all my friends. and celebrate the big Trump victory and tape an episode there. With us, of course, David Freberg, your resident sultan of science. And not a moment too soon, we have so much to talk about. What's the background here? Those are some dead trees with Mount Fuji in the background?

It seems like a lot of projecting going on here, Chamathia. I agree.

It seems like a lot of projecting going on here, Chamathia. I agree.

And here, what we're seeing on the screen is Rick Caruso's village.

And here, what we're seeing on the screen is Rick Caruso's village.

Yeah, I think what you're getting to here is we can confirm lesbians didn't cause the Santa Ana winds to cause these fires, obviously, but there is an issue that I think many people in the public, especially in California, who voted for this very leftist liberal ideology are now starting to realize is, hey, wait a second, what are the priorities here, Cyan?

Yeah, I think what you're getting to here is we can confirm lesbians didn't cause the Santa Ana winds to cause these fires, obviously, but there is an issue that I think many people in the public, especially in California, who voted for this very leftist liberal ideology are now starting to realize is, hey, wait a second, what are the priorities here, Cyan?

What are we focused on and what should we be focused on? And it's very easy to be focused

What are we focused on and what should we be focused on? And it's very easy to be focused

on dei and maybe things that aren't as important homelessness and move budget there but at the same time they wouldn't give her 17 million dollars they cut the fire budget she tried to fight it well that that's not clear now there's now the counter narrative is that she actually got an extra 50 jason okay so we're in a breaking news environment so we'll see what the truth winds up being here

on dei and maybe things that aren't as important homelessness and move budget there but at the same time they wouldn't give her 17 million dollars they cut the fire budget she tried to fight it well that that's not clear now there's now the counter narrative is that she actually got an extra 50 jason okay so we're in a breaking news environment so we'll see what the truth winds up being here

But, Cyan, I think the point remains the same here, which is, is prioritization and what we focus on out of whack in California?

But, Cyan, I think the point remains the same here, which is, is prioritization and what we focus on out of whack in California?

Ah, yes, I know about this. I got off the ski lift and I saw this after I had posted like, oh, my life is amazing. And I was like, oh, my God. You know, you can totally and everybody replied like, are you in the room? And I'm like, oh, my Lord. This is unbelievable. We'll obviously talk about that.

Ah, yes, I know about this. I got off the ski lift and I saw this after I had posted like, oh, my life is amazing. And I was like, oh, my God. You know, you can totally and everybody replied like, are you in the room? And I'm like, oh, my Lord. This is unbelievable. We'll obviously talk about that.

At a certain point, you have to wonder, are we using politics and the purpose of it to make people's lives better and to have a high functioning society? Or is it a way to virtue signal or to share your opinions on things? Oh, it's absolutely a virtue signal. Yeah.

At a certain point, you have to wonder, are we using politics and the purpose of it to make people's lives better and to have a high functioning society? Or is it a way to virtue signal or to share your opinions on things? Oh, it's absolutely a virtue signal. Yeah.

And I think what people are starting to realize is, you know, in an acute situation, whether it's our budget deficit, whether it's schools, whether it's safety from climate, you know, or non-climate induced disasters, you do need to have competence.

And I think what people are starting to realize is, you know, in an acute situation, whether it's our budget deficit, whether it's schools, whether it's safety from climate, you know, or non-climate induced disasters, you do need to have competence.

And this is the Rick Caruso is such a competent executive that when he ran for office there, the fact that he didn't get that job is just absolutely crazy. And you saw the mayor come in and she wouldn't even address She wouldn't answer any questions from the press, not even thoughts and prayers or, you know, we're thinking of this or we're going to get it done.

And this is the Rick Caruso is such a competent executive that when he ran for office there, the fact that he didn't get that job is just absolutely crazy. And you saw the mayor come in and she wouldn't even address She wouldn't answer any questions from the press, not even thoughts and prayers or, you know, we're thinking of this or we're going to get it done.

It just seems like we're hiring non-executives to work in functions that should be high-performing executives. This is an operational role.

It just seems like we're hiring non-executives to work in functions that should be high-performing executives. This is an operational role.

And yeah, when it lands on your doorstep, quite literally here, they are not going to be able, having been in this exact area, I can tell you, when you try to pull a permit to do anything, as I was explaining with my roof, the regulations are deep and expensive and time-consuming. I don't believe... We talked about the California Coastal Commission on a recent episode, Friedberg.

And yeah, when it lands on your doorstep, quite literally here, they are not going to be able, having been in this exact area, I can tell you, when you try to pull a permit to do anything, as I was explaining with my roof, the regulations are deep and expensive and time-consuming. I don't believe... We talked about the California Coastal Commission on a recent episode, Friedberg.

What are the chances that the California Coastal Commission even allows these people to build those homes in those locations on PCH, Friedberg?

What are the chances that the California Coastal Commission even allows these people to build those homes in those locations on PCH, Friedberg?

Yes, I put $500 behind it to boost it to try to get my ratings up. No, I actually literally deleted it because I posted it. And I never do that. But I posted a video where I was like, oh, my God, it's incredible. And I was like, you know what? This is the wrong time for it. So a little grace there, folks.

Yes, I put $500 behind it to boost it to try to get my ratings up. No, I actually literally deleted it because I posted it. And I never do that. But I posted a video where I was like, oh, my God, it's incredible. And I was like, you know what? This is the wrong time for it. So a little grace there, folks.

To my question, Freeberg, what are the chances they allow the millionaires on Pacific Coast Highway in Malibu to rebuild those homes? Or do you think they slow roll it and those people are all 50, 60, 70 years old? They'll never be able to rebuild their homes. The California Commission would just slow roll this and say, you know what? Nature returned it to its natural state.

To my question, Freeberg, what are the chances they allow the millionaires on Pacific Coast Highway in Malibu to rebuild those homes? Or do you think they slow roll it and those people are all 50, 60, 70 years old? They'll never be able to rebuild their homes. The California Commission would just slow roll this and say, you know what? Nature returned it to its natural state.

I think we should talk about insurance. This is a great segue. Yeah, yeah, the perfect segue.

I think we should talk about insurance. This is a great segue. Yeah, yeah, the perfect segue.

And I am so happy to have here on All In Idol, the one, the only, my good friend, Cyan Bannister. No, our good friend. She's my good friend before you guys met her. So I'm sure she's ours, but I've been friends with her longer. So my good friend, Cyan Baxter, our good friend and our bestie. Let's just leave it at that. It doesn't have to be a competition for who Cyan likes best.

And I am so happy to have here on All In Idol, the one, the only, my good friend, Cyan Bannister. No, our good friend. She's my good friend before you guys met her. So I'm sure she's ours, but I've been friends with her longer. So my good friend, Cyan Baxter, our good friend and our bestie. Let's just leave it at that. It doesn't have to be a competition for who Cyan likes best.

What about the timing of that free burn? That was three months before, six months before this happened?

What about the timing of that free burn? That was three months before, six months before this happened?

It's not just that.

It's not just that.

Yes, so it's just crazy timing.

Yes, so it's just crazy timing.

Yeah, somebody's going to lobby somebody. But hey, we're sitting here, Chamath, in the age of Doge and saying, hey, let's make the government smaller. In fact, Dave, you and I were talking about at some point, gangs of New York and the fire departments being- Oh, yeah, totally.

Yeah, somebody's going to lobby somebody. But hey, we're sitting here, Chamath, in the age of Doge and saying, hey, let's make the government smaller. In fact, Dave, you and I were talking about at some point, gangs of New York and the fire departments being- Oh, yeah, totally.

talking about that two or three weeks before this happened. But when we look at making government smaller, well, that means that these kinds of situations would put citizens more on their own. So let's counterbalance what you think, Chamath, about who should be responsible. We all espouse, I think, free market ideology on this program and as executives and in what we do every day.

talking about that two or three weeks before this happened. But when we look at making government smaller, well, that means that these kinds of situations would put citizens more on their own. So let's counterbalance what you think, Chamath, about who should be responsible. We all espouse, I think, free market ideology on this program and as executives and in what we do every day.

Should the people who own these homes going forward who decide to rebuild them here be have to pay 5%, 10% of their value of home every year? Should their home prices collapse because it's too hard to build there? And should the free market take over this risk?

Should the people who own these homes going forward who decide to rebuild them here be have to pay 5%, 10% of their value of home every year? Should their home prices collapse because it's too hard to build there? And should the free market take over this risk?

Or should it constantly be put on the other 329 million Americans who are going to have to bear the brunt of what happens to the million people affected in this area?

Or should it constantly be put on the other 329 million Americans who are going to have to bear the brunt of what happens to the million people affected in this area?

The average is four and a half. Yeah, I was about to say, there's nothing for a million these days. Yeah, it's got to be three or four minimum.

The average is four and a half. Yeah, I was about to say, there's nothing for a million these days. Yeah, it's got to be three or four minimum.

We'll ask her to rate at the end of the episode. Cyan, welcome to the program.

We'll ask her to rate at the end of the episode. Cyan, welcome to the program.

Okay, don't do your thing. Oh, wow. Gosh almighty. We're talking about, hey, maybe less government. Hey, maybe spending less. Now the same group of people maybe who were saying, hey, we need to spend less and reduce the size of government are saying, hey, well, why isn't California more prepared? Well, being prepared obviously means more money and more taxes.

Okay, don't do your thing. Oh, wow. Gosh almighty. We're talking about, hey, maybe less government. Hey, maybe spending less. Now the same group of people maybe who were saying, hey, we need to spend less and reduce the size of government are saying, hey, well, why isn't California more prepared? Well, being prepared obviously means more money and more taxes.

So you have now these two competing ideologies here. But to the question of who is responsible, it is economically going to make no sense to rebuild unless you can get that insurance. It is a coveted place to live. But because of the construction costs have gone absolutely parabolic in California because of regulations, you're talking about $14 million in income to build a $7 million house.

So you have now these two competing ideologies here. But to the question of who is responsible, it is economically going to make no sense to rebuild unless you can get that insurance. It is a coveted place to live. But because of the construction costs have gone absolutely parabolic in California because of regulations, you're talking about $14 million in income to build a $7 million house.

And maybe you're just better off selling the lot for $1 million and letting it be somebody else's problem going forward and just taking the $2 or $3 or $4 million loss. Who should pay? for on a go forward basis, underwriting these homes.

And maybe you're just better off selling the lot for $1 million and letting it be somebody else's problem going forward and just taking the $2 or $3 or $4 million loss. Who should pay? for on a go forward basis, underwriting these homes.

Well, I mean, Cyan and I fought in the Clone Wars together. It was a long time ago. But she's a technologist, self-made individual, who then decided she would start writing small angel checks about 14 years ago. Literally the same year I did. And myself, Cyan, of all... She's done profoundly better than you. She's done incredible, yes, of course. We'll get into it.

Well, I mean, Cyan and I fought in the Clone Wars together. It was a long time ago. But she's a technologist, self-made individual, who then decided she would start writing small angel checks about 14 years ago. Literally the same year I did. And myself, Cyan, of all... She's done profoundly better than you. She's done incredible, yes, of course. We'll get into it.

This is more regulations that were layered on here to try to create equality. And the fact is, it's now... working against the system in Tahoe, to your point, they gave us explicit instructions around homes. Put stone and pebbles around your home. Cut the trees and bushes down around your homes. Do this over here. Your premium should go down when you do that.

This is more regulations that were layered on here to try to create equality. And the fact is, it's now... working against the system in Tahoe, to your point, they gave us explicit instructions around homes. Put stone and pebbles around your home. Cut the trees and bushes down around your homes. Do this over here. Your premium should go down when you do that.

And if you do that, which might cost $10,000 a home, it would keep these from jumping from one to the other in most fire situations. Freeburg, you're back. Is everything okay?

And if you do that, which might cost $10,000 a home, it would keep these from jumping from one to the other in most fire situations. Freeburg, you're back. Is everything okay?

Yeah. What are they saying?

Yeah. What are they saying?

We're the last generation that will be thinking about this issue of grabbing the photos. Yeah. It's fascinating. I just want to say, like, you know, as we wrap up this segment, you know, obviously we're thinking about everybody there. This is complex. This is not the fault of a lesbian firefighter or the Ukraine or any of these other issues. This is leadership and nature and preparedness.

We're the last generation that will be thinking about this issue of grabbing the photos. Yeah. It's fascinating. I just want to say, like, you know, as we wrap up this segment, you know, obviously we're thinking about everybody there. This is complex. This is not the fault of a lesbian firefighter or the Ukraine or any of these other issues. This is leadership and nature and preparedness.

So there are big issues around climate change. You want to believe me, you don't want to believe me, fine, put that aside. But I can tell you that when I saw Karen Bass get off that flight Play the clip, Nick, of Karen Bass here, because it's a short enough clip that we can play it here for the audience.

So there are big issues around climate change. You want to believe me, you don't want to believe me, fine, put that aside. But I can tell you that when I saw Karen Bass get off that flight Play the clip, Nick, of Karen Bass here, because it's a short enough clip that we can play it here for the audience.

I'm assuming you all, three of you saw this clip of her being absolutely unwilling to answer a single goddamn question about what's going on. This is the opposite of a leadership. Just 10 seconds of this.

I'm assuming you all, three of you saw this clip of her being absolutely unwilling to answer a single goddamn question about what's going on. This is the opposite of a leadership. Just 10 seconds of this.

She's in shock. I mean, I have zero sympathy. You took the leadership job. I don't give a shit if you're in shock. You're a leader. You sold yourself as the leader that you were going to service these people and you don't have the dignity, the honor to just answer the questions. That is absolutely the worst leadership I've ever seen under fire.

She's in shock. I mean, I have zero sympathy. You took the leadership job. I don't give a shit if you're in shock. You're a leader. You sold yourself as the leader that you were going to service these people and you don't have the dignity, the honor to just answer the questions. That is absolutely the worst leadership I've ever seen under fire.

And Cyan and I would, 14 years ago, I guess, we would meet startup companies together and host little events where we get together and take pitches. And we invested in a couple of companies together, and it worked out very nicely for everyone involved. Yeah.

And Cyan and I would, 14 years ago, I guess, we would meet startup companies together and host little events where we get together and take pitches. And we invested in a couple of companies together, and it worked out very nicely for everyone involved. Yeah.

You fire them all and you vote for Rick Caruso, you vote for executives who know what the they're doing and know what to do in a crisis because they've been under fire before, because they've run a business before, because they've seen hit the fan. This person, I don't know her, I don't know her history, but I'll be totally honest, like I wouldn't trust her

You fire them all and you vote for Rick Caruso, you vote for executives who know what the they're doing and know what to do in a crisis because they've been under fire before, because they've run a business before, because they've seen hit the fan. This person, I don't know her, I don't know her history, but I'll be totally honest, like I wouldn't trust her

literally to pick up my lunch, if she can't answer one or two goddamn questions and give a placating answer to a reporter, hey, it's an intense situation. We're working as hard as we can. She can't even say two goddamn words to the people who voted her in.

literally to pick up my lunch, if she can't answer one or two goddamn questions and give a placating answer to a reporter, hey, it's an intense situation. We're working as hard as we can. She can't even say two goddamn words to the people who voted her in.

And for anybody who voted for this level of incompetence, it reminds me of exactly what we went through in San Francisco when I was living there in the Bay Area, when you put someone like Chesa Boudin in or London Breed or this entire...

And for anybody who voted for this level of incompetence, it reminds me of exactly what we went through in San Francisco when I was living there in the Bay Area, when you put someone like Chesa Boudin in or London Breed or this entire...

Clown car, Aaron Petsker, all these disgraceful, the Marxist lunatics who would rather virtue signal dopey Dean Preston, the whole lot of them, you vote them out and you vote in executives. And it doesn't mean a Republican executive. It doesn't mean a Democrat executive. It means an executive who's run something in their life before.

Clown car, Aaron Petsker, all these disgraceful, the Marxist lunatics who would rather virtue signal dopey Dean Preston, the whole lot of them, you vote them out and you vote in executives. And it doesn't mean a Republican executive. It doesn't mean a Democrat executive. It means an executive who's run something in their life before.

Whether it's Bloomberg, whether it's Trump, whether it's Rick Caruso, it doesn't matter their ideology. It matters their effectiveness. And if you vote for ineffective people, you're going to get situations like this over and over and over again. So use your brains and vote for executives who've done something in the world. This is why I've changed my position on rooting for Trump now.

Whether it's Bloomberg, whether it's Trump, whether it's Rick Caruso, it doesn't matter their ideology. It matters their effectiveness. And if you vote for ineffective people, you're going to get situations like this over and over and over again. So use your brains and vote for executives who've done something in the world. This is why I've changed my position on rooting for Trump now.

I was a never Trump or everybody knows that, but he put executives around him this time around. And I am rooting for those executives to do what's right for the American people and solve big problems, not make them worse. It's infuriating. Timoth, what do you think?

I was a never Trump or everybody knows that, but he put executives around him this time around. And I am rooting for those executives to do what's right for the American people and solve big problems, not make them worse. It's infuriating. Timoth, what do you think?

It's a crisis of competence. I mean, I think we all see it. These are incompetent people.

It's a crisis of competence. I mean, I think we all see it. These are incompetent people.

I got to check my... Yeah, and I don't think you're allowed to say them.

I got to check my... Yeah, and I don't think you're allowed to say them.

Well said. I mean, and as we said in this segment, there are so many common sense, tactical, strategic things that these people could be doing, that they should be doing, that they're not. And there needs to be a full-blown investigation. You kind of alluded to this earlier, Chamath, but if there is, if this is dereliction of duty, then we need to look into this in a very deep fashion.

Well said. I mean, and as we said in this segment, there are so many common sense, tactical, strategic things that these people could be doing, that they should be doing, that they're not. And there needs to be a full-blown investigation. You kind of alluded to this earlier, Chamath, but if there is, if this is dereliction of duty, then we need to look into this in a very deep fashion.

And to the people of California, you have more power than you know My friend who used to be on this podcast once in a while, he and I collaborated on Chesa Boudin being taken out as this DA in the Bay Area. I know some other people here were involved in it as well. And you can recall somebody. So recall these incompetent lunatics. Recall them.

And to the people of California, you have more power than you know My friend who used to be on this podcast once in a while, he and I collaborated on Chesa Boudin being taken out as this DA in the Bay Area. I know some other people here were involved in it as well. And you can recall somebody. So recall these incompetent lunatics. Recall them.

Let me check my Google sheet here. I didn't know I invested in Uber. Let me check. I have to confirm that. Oh, yeah, I did. But at one of these events, I introduced Cyan to Uber.

Let me check my Google sheet here. I didn't know I invested in Uber. Let me check. I have to confirm that. Oh, yeah, I did. But at one of these events, I introduced Cyan to Uber.

Why did for 20 years while we were all in the Bay Area or other people, you know, just too busy building companies?

Why did for 20 years while we were all in the Bay Area or other people, you know, just too busy building companies?

Here's a framing. If you're paying 50% tax in California, you're a shareholder of an organization known as California Inc. You're on the board of that company. You're paying the salaries of the people there. You have a say. Recall these people. Start a recall of Newsom. Start a recall of Karen Bass. Just do it. I'm not doing it. I don't have time for this. I'm in Austin.

Here's a framing. If you're paying 50% tax in California, you're a shareholder of an organization known as California Inc. You're on the board of that company. You're paying the salaries of the people there. You have a say. Recall these people. Start a recall of Newsom. Start a recall of Karen Bass. Just do it. I'm not doing it. I don't have time for this. I'm in Austin.

But y'all who are still in California, start a page, recall Newsom, recall Bass, and you have the power to do it and you will succeed. I guarantee it. Now is the moment to strike. There's other news we should get to. You know, I hate to say thoughts and prayers, but literally I've been thinking about this, you know, all day long. And I have a lot of friends. My friend Mark Suster lost his home.

But y'all who are still in California, start a page, recall Newsom, recall Bass, and you have the power to do it and you will succeed. I guarantee it. Now is the moment to strike. There's other news we should get to. You know, I hate to say thoughts and prayers, but literally I've been thinking about this, you know, all day long. And I have a lot of friends. My friend Mark Suster lost his home.

I used to play cards with Jimmy Woods. And, you know, I just feel terrible for everybody who's lost their homes and then their kids and their schools are burned down as well. All those great schools in Pacific Palisades are gone.

I used to play cards with Jimmy Woods. And, you know, I just feel terrible for everybody who's lost their homes and then their kids and their schools are burned down as well. All those great schools in Pacific Palisades are gone.

Oh, that's what's going to happen. They're going to sit on them, yeah. They're going to just sit on them and wait for people to forget like they did in 1962.

Oh, that's what's going to happen. They're going to sit on them, yeah. They're going to just sit on them and wait for people to forget like they did in 1962.

Yeah, he should be running the place.

Yeah, he should be running the place.

Just grow up, you. The way you're saying it, you're saying it to provoke a reaction. Come on. No, I'm not.

Just grow up, you. The way you're saying it, you're saying it to provoke a reaction. Come on. No, I'm not.

So they're distorting it. They're putting their thumbs on the scale and they're distorting it even more, which creates a bigger crater.

So they're distorting it. They're putting their thumbs on the scale and they're distorting it even more, which creates a bigger crater.

All right. This has been an absolutely fantastic discussion. Let's move on to our next topic here. Zuck just fired Meta's third party fact checkers, and he is going to embrace the community notes model from Twitter slash X, which predates Elon's ownership of the platform and is an open source project for those folks who don't know. On Tuesday, he made the announcement on an Instagram video.

All right. This has been an absolutely fantastic discussion. Let's move on to our next topic here. Zuck just fired Meta's third party fact checkers, and he is going to embrace the community notes model from Twitter slash X, which predates Elon's ownership of the platform and is an open source project for those folks who don't know. On Tuesday, he made the announcement on an Instagram video.

He published a blog with a bunch of details. And he made the signal that he was going to move the trust and safety team out of California, which he feels maybe was too far to the left, as we were just discussing in the previous story, and move it to the great state of Texas. And here's a quote from his comments.

He published a blog with a bunch of details. And he made the signal that he was going to move the trust and safety team out of California, which he feels maybe was too far to the left, as we were just discussing in the previous story, and move it to the great state of Texas. And here's a quote from his comments.

In recent years, we've developed increasingly complex systems to manage content across our platforms, partly in response to societal and political pressures to moderate content. This approach has gone too far.

In recent years, we've developed increasingly complex systems to manage content across our platforms, partly in response to societal and political pressures to moderate content. This approach has gone too far.

If you remember back in August, Zuck sent a letter to the House Judiciary Committee explaining how the FBI and Biden administration have pressured Facebook into censoring posts about COVID and Hunter Biden. You'll also remember that Zuckerberg has over 3 billion members to his platform and had no problem banning Trump from the platform after January 6th. A lot to talk about in this topic, Cyan.

If you remember back in August, Zuck sent a letter to the House Judiciary Committee explaining how the FBI and Biden administration have pressured Facebook into censoring posts about COVID and Hunter Biden. You'll also remember that Zuckerberg has over 3 billion members to his platform and had no problem banning Trump from the platform after January 6th. A lot to talk about in this topic, Cyan.

What's your general take of Zuck going MAGA? How do you interpret his change of heart?

What's your general take of Zuck going MAGA? How do you interpret his change of heart?

Yeah, it's been a good run. It's been a good run. And also, I'll just add, a wonderful human being. And if you ever had the chance to hang out and talk for a couple of hours, Cyan would be one of those people that you'd put right at the top of the list.

Yeah, it's been a good run. It's been a good run. And also, I'll just add, a wonderful human being. And if you ever had the chance to hang out and talk for a couple of hours, Cyan would be one of those people that you'd put right at the top of the list.

It's but one signal. It's one system for trying to get to the truth. It's not the only one. Fact-checking is another one. And having no system is another one. Chamath, you're obviously an alumni. You worked side-by-side with Zuckerberg in the pivotal years of building the Facebook platform. What's your take on what Cyan said? And what do you attribute... Zuckerberg's massive 180 here.

It's but one signal. It's one system for trying to get to the truth. It's not the only one. Fact-checking is another one. And having no system is another one. Chamath, you're obviously an alumni. You worked side-by-side with Zuckerberg in the pivotal years of building the Facebook platform. What's your take on what Cyan said? And what do you attribute... Zuckerberg's massive 180 here.

So he complied. Freeberg, your thoughts on Zuckerberg? making this decision, if Kamala Harris had won, would he have released this statement or added Dana White to the board of Facebook? Probably not. Okay. There you have it, folks. Pretty straightforward here. Kamala wins. He would not have done this. He is jumping in front of a marching band and he is the band leader now.

So he complied. Freeberg, your thoughts on Zuckerberg? making this decision, if Kamala Harris had won, would he have released this statement or added Dana White to the board of Facebook? Probably not. Okay. There you have it, folks. Pretty straightforward here. Kamala wins. He would not have done this. He is jumping in front of a marching band and he is the band leader now.

He's got his baton and he's a front runner. And if you open the dictionary and you look it up.

He's got his baton and he's a front runner. And if you open the dictionary and you look it up.

Oh, yeah, there's a tremendous amount wrong with it. It's called moral integrity, having an ethical compass, having chutzpah, having an own sense of what's right and wrong in the world, which he does not have, in my estimation, based on his behavior here.

Oh, yeah, there's a tremendous amount wrong with it. It's called moral integrity, having an ethical compass, having chutzpah, having an own sense of what's right and wrong in the world, which he does not have, in my estimation, based on his behavior here.

Let me be clear. I'm happy you're challenging me on it. I base people on their actions. His action was to be the greatest censor in the history of humanity. There's no human being who has censored more humans than him. That was his decision when it was a popular decision, whether it was COVID or popular.

Let me be clear. I'm happy you're challenging me on it. I base people on their actions. His action was to be the greatest censor in the history of humanity. There's no human being who has censored more humans than him. That was his decision when it was a popular decision, whether it was COVID or popular.

Why did it hit you so deeply?

Why did it hit you so deeply?

I disagree. His business would have been just as vibrant if he had a spine and he just said, this is what I believe. And I think he's over-optimizing based on what he thinks everybody else around him wants. And I don't know. I've never worked with him. I don't know him personally. You're right on that front. But he banned Trump for two years, the president of the United States.

I disagree. His business would have been just as vibrant if he had a spine and he just said, this is what I believe. And I think he's over-optimizing based on what he thinks everybody else around him wants. And I don't know. I've never worked with him. I don't know him personally. You're right on that front. But he banned Trump for two years, the president of the United States.

I said at the time, I don't know that you can give a permanent ban to the president of the United States. When he had the opportunity to reevaluate that decision, you know what he did? He punted. He created a third-party organization to make the decision for him and deflected. Zuck created the oversight board.

I said at the time, I don't know that you can give a permanent ban to the president of the United States. When he had the opportunity to reevaluate that decision, you know what he did? He punted. He created a third-party organization to make the decision for him and deflected. Zuck created the oversight board.

He's so spineless, he decided, I'll create and give $150 million to this board to make these hard decisions for me. Instead of me making the decision, he has God voting shares of that company, Chamath. He controls it with an iron fist. And not only does he control it with an iron fist, he has put protective precisions in that so that his children could...

He's so spineless, he decided, I'll create and give $150 million to this board to make these hard decisions for me. Instead of me making the decision, he has God voting shares of that company, Chamath. He controls it with an iron fist. And not only does he control it with an iron fist, he has put protective precisions in that so that his children could...

take that $3.3 billion platform and own it forever. And he punted to them and said, I don't want to make these decisions. What I saw when he did that was, I don't want to be blamed for these decisions. And that is a lack of courage and morality in my estimation. And then the second he is threatened by Trump, he makes the opposite decision.

take that $3.3 billion platform and own it forever. And he punted to them and said, I don't want to make these decisions. What I saw when he did that was, I don't want to be blamed for these decisions. And that is a lack of courage and morality in my estimation. And then the second he is threatened by Trump, he makes the opposite decision.

And if he's making his decisions strictly on maximizing money, I don't respect that. I think he should make the decisions based on what he think is the moral. What is the point of being a billionaire or worth 100 billion or 200 billion if you don't get to say, I have you money, you, I'm going to do what I want. And that's what I think is his moral failure.

And if he's making his decisions strictly on maximizing money, I don't respect that. I think he should make the decisions based on what he think is the moral. What is the point of being a billionaire or worth 100 billion or 200 billion if you don't get to say, I have you money, you, I'm going to do what I want. And that's what I think is his moral failure.

And anybody giving him his flowers or championing him for this, I think it's just political expediency. And I think it's disgraceful. That's my feeling. Sorry. I have my own opinion.

And anybody giving him his flowers or championing him for this, I think it's just political expediency. And I think it's disgraceful. That's my feeling. Sorry. I have my own opinion.

No, not at all. He could have just hired lawyers and fought it. He didn't put up any fight. The second they told him to roll over and ban Trump, he did it. Zero fight from him.

No, not at all. He could have just hired lawyers and fought it. He didn't put up any fight. The second they told him to roll over and ban Trump, he did it. Zero fight from him.

Like I told you at the beginning of this, I'm basing it on his actions. He was not going to jail for banning Trump. If he didn't ban Trump or he gave him a six-month suspension, he would have been just fine.

Like I told you at the beginning of this, I'm basing it on his actions. He was not going to jail for banning Trump. If he didn't ban Trump or he gave him a six-month suspension, he would have been just fine.

I do give him the benefit of being a great business executive.

I do give him the benefit of being a great business executive.

Did they launch that or did Sergey kill the deal when Eric Schmidt proposed it? Well, that deal went live.

Did they launch that or did Sergey kill the deal when Eric Schmidt proposed it? Well, that deal went live.

No, they didn't go live. Sergey Brin, because of his upbringing in Russia, he went to the mat and said, on a moral basis, we're not going into China. And I've talked to Sergey about it. He did not want to go in there and compromise his own ethics. That's right. You're at full stop. So I don't think that Elon is the only outlier here. You're not right.

No, they didn't go live. Sergey Brin, because of his upbringing in Russia, he went to the mat and said, on a moral basis, we're not going into China. And I've talked to Sergey about it. He did not want to go in there and compromise his own ethics. That's right. You're at full stop. So I don't think that Elon is the only outlier here. You're not right.

And I just want to make sure that- Okay, tell us, when did, because the Dragon, it was called Project Dragon?

And I just want to make sure that- Okay, tell us, when did, because the Dragon, it was called Project Dragon?

And how much he acquiesced. Is that sort of what you're saying?

And how much he acquiesced. Is that sort of what you're saying?

I love it. Yeah. Well, it's true. Cyan was voted most humble in our angel investing group, and I was a close second. So I almost won most humble. More work to do being humble. I'm going to get you a t-shirt called the humblest. No, you have to borrow it from Chamath. He's had it for the last 10 years.

I love it. Yeah. Well, it's true. Cyan was voted most humble in our angel investing group, and I was a close second. So I almost won most humble. More work to do being humble. I'm going to get you a t-shirt called the humblest. No, you have to borrow it from Chamath. He's had it for the last 10 years.

And I think it was Gmail was the moment I think it became... if I remember correctly, this is 20 years ago, but I think... I think it was YouTube. Oh, was it YouTube? Because one of the other services, they started saying, hey, we need to know these people's names who posted this, who sent this email. We want full access into it.

And I think it was Gmail was the moment I think it became... if I remember correctly, this is 20 years ago, but I think... I think it was YouTube. Oh, was it YouTube? Because one of the other services, they started saying, hey, we need to know these people's names who posted this, who sent this email. We want full access into it.

And that's where they drew the line because it wasn't just a passive search engine, right? It was actually like roundup dissidents like... Yahoo famously did.

And that's where they drew the line because it wasn't just a passive search engine, right? It was actually like roundup dissidents like... Yahoo famously did.

I mean, taking the win is a good way to do it. The world is a better place because of his decision. Yeah, exactly. I think we all agree on that. I mean, what's the point of having an open platform and you can say things?

I mean, taking the win is a good way to do it. The world is a better place because of his decision. Yeah, exactly. I think we all agree on that. I mean, what's the point of having an open platform and you can say things?

Hi, I'm super happy he's making these decisions. I believe in freedom of speech.

Hi, I'm super happy he's making these decisions. I believe in freedom of speech.

And when he loses tens of billions of dollars in personal net worth, will he make the same decisions? We'll see. But I can tell you, if Kamala Harris had been voted in, he would double down on censorship instead of taking this position. I think he is terrified of Trump and having his company broken up, and he's doing this strictly to appease Trump.

And when he loses tens of billions of dollars in personal net worth, will he make the same decisions? We'll see. But I can tell you, if Kamala Harris had been voted in, he would double down on censorship instead of taking this position. I think he is terrified of Trump and having his company broken up, and he's doing this strictly to appease Trump.

which I think putting Dana White on the board is another signal. That's one of Trump's good friends. He's just trying to get close to the party. He's trying to make up for lost time for when he supported the censorship of Trump and other folks. I think he would make the opposite decision. But to your point, we're here. I'm glad he's here.

which I think putting Dana White on the board is another signal. That's one of Trump's good friends. He's just trying to get close to the party. He's trying to make up for lost time for when he supported the censorship of Trump and other folks. I think he would make the opposite decision. But to your point, we're here. I'm glad he's here.

No, definitely not. He's 10, 15 years younger than me. He killed me. Not a chance would I meet him in the octagon. But I wish him well. I wish him well.

No, definitely not. He's 10, 15 years younger than me. He killed me. Not a chance would I meet him in the octagon. But I wish him well. I wish him well.

Let's not start that up again. I'm just wondering.

Let's not start that up again. I'm just wondering.

I actually literally challenged him. He wanted to send the mountain. He wanted to pick...

I actually literally challenged him. He wanted to send the mountain. He wanted to pick...

Absolutely, it might get more ratings than it, yeah.

Absolutely, it might get more ratings than it, yeah.

Well, there you go. American Gladiators, the CEO edition. Business to business edition. They're going SaaS. All right, listen. NVIDIA going consumer. Let's talk about it. NVIDIA made a big announcement at CES this week. They made a lot of them. One of them that was particularly interesting was this $3,000 personal AI computer for researchers. That's awesome. It's called Project Digits. And...

Well, there you go. American Gladiators, the CEO edition. Business to business edition. They're going SaaS. All right, listen. NVIDIA going consumer. Let's talk about it. NVIDIA made a big announcement at CES this week. They made a lot of them. One of them that was particularly interesting was this $3,000 personal AI computer for researchers. That's awesome. It's called Project Digits. And...

It's essentially like maybe Arduino would be a way to look at this, like a personal device, but it's powerful enough to run LLMs on. They're also going after physical AI, like robotics and self-driving, as we said here on the award show.

It's essentially like maybe Arduino would be a way to look at this, like a personal device, but it's powerful enough to run LLMs on. They're also going after physical AI, like robotics and self-driving, as we said here on the award show.

A lot of people on the panel were predicting this year would be the year of robotics, and they announced that they're going to have driver-assistant chips and maybe build worlds for people to simulate robots.

A lot of people on the panel were predicting this year would be the year of robotics, and they announced that they're going to have driver-assistant chips and maybe build worlds for people to simulate robots.

Which net-net, at the end of the day, I think Freiburg puts them on second, would put autonomy partners on second or third base in terms of creating technology by incorporating it into the chips and into their stack. So, Cyan, what do you think of these announcements and some of the other ones he made? I know you were excited to talk about this.

Which net-net, at the end of the day, I think Freiburg puts them on second, would put autonomy partners on second or third base in terms of creating technology by incorporating it into the chips and into their stack. So, Cyan, what do you think of these announcements and some of the other ones he made? I know you were excited to talk about this.

What is it called?

What is it called?

Then it's kind of... You think Tesla should buy Uber?

Then it's kind of... You think Tesla should buy Uber?

Well, that would be about 10% of Tesla's market cap at this point. If they paid a premium, it might be 15%. So it would be very similar to the WhatsApp.

Well, that would be about 10% of Tesla's market cap at this point. If they paid a premium, it might be 15%. So it would be very similar to the WhatsApp.

We taped the NBC pilot for The Accelerator or The Incubator. So I had been approached and did a pilot for NBC called... the accelerator and they spent like a half million dollars on this and you guys came on and it came out great. And it was just going to, you know, follow me around angel investing.

We taped the NBC pilot for The Accelerator or The Incubator. So I had been approached and did a pilot for NBC called... the accelerator and they spent like a half million dollars on this and you guys came on and it came out great. And it was just going to, you know, follow me around angel investing.

Yeah, it is true. Yeah.

Yeah, it is true. Yeah.

Okay, well, let me know who she is. Chamath and I will go beat her up and get your money back.

Okay, well, let me know who she is. Chamath and I will go beat her up and get your money back.

Yeah.

Yeah.

Well, it's a dying brand. And would the point be, I do think you're correct.

Well, it's a dying brand. And would the point be, I do think you're correct.

Well, and it's also not global. But looking at the Amazon and Waymo, Tesla, and Uber, I think Waymo plus Uber, Amazon plus Uber, or Tesla plus Uber defines who number one is, right? Because you'd have a global footprint. And for the five, 10 years, maybe 10 years it takes to roll out taxis globally, you could have people drive.

Well, and it's also not global. But looking at the Amazon and Waymo, Tesla, and Uber, I think Waymo plus Uber, Amazon plus Uber, or Tesla plus Uber defines who number one is, right? Because you'd have a global footprint. And for the five, 10 years, maybe 10 years it takes to roll out taxis globally, you could have people drive.

I mean, it's a really interesting thought process you have here, Sayan. Imagine if there was an intermediary step where They sold less Teslas this year slightly than last year. You could just keep producing lots of Model Ys and give them to the Uber drivers, keep reinforcement learning going while the taxis and regulations get set.

I mean, it's a really interesting thought process you have here, Sayan. Imagine if there was an intermediary step where They sold less Teslas this year slightly than last year. You could just keep producing lots of Model Ys and give them to the Uber drivers, keep reinforcement learning going while the taxis and regulations get set.

And then you would be able to put another, instead of selling 1.8 million Teslas, you could sell 3 million Teslas, 4 million Teslas to Uber drivers, get all that data and have the safety driver in while each region decides if they want robo-taxis, where, how, et cetera. Your thoughts, Chamath, on NVIDIA's dipping their toe into maybe taking the bottom 30% of the stack of self-driving?

And then you would be able to put another, instead of selling 1.8 million Teslas, you could sell 3 million Teslas, 4 million Teslas to Uber drivers, get all that data and have the safety driver in while each region decides if they want robo-taxis, where, how, et cetera. Your thoughts, Chamath, on NVIDIA's dipping their toe into maybe taking the bottom 30% of the stack of self-driving?

I think it's a toy, a hobbyist kind of device that becomes like a bridge. And we see this often in technology where somebody creates, like even the original PCs, let's face it, they were kind of like toys and hobbyist devices, Arduinos, and the original drones were kind of hobbyist.

I think it's a toy, a hobbyist kind of device that becomes like a bridge. And we see this often in technology where somebody creates, like even the original PCs, let's face it, they were kind of like toys and hobbyist devices, Arduinos, and the original drones were kind of hobbyist.

So we're talking about maybe two or three different pieces here, Freebird. Which one do you think is super interesting than this $3,000 sort of GPU for your desktop that you attach to your computer? You get to play with things locally. Do you think that's promising? Where would that go, if you have to guess?

So we're talking about maybe two or three different pieces here, Freebird. Which one do you think is super interesting than this $3,000 sort of GPU for your desktop that you attach to your computer? You get to play with things locally. Do you think that's promising? Where would that go, if you have to guess?

Exactly. I don't know if I ever told you guys the story, but literally, they were figuring out where to put this and what time slot. They were like, we're going to do it in the summer because we're trying to get some summer programming going. That's what we're going to test up. And then Harvey Weinstein turns out to be an horrible monster and the whole thing gets canceled.

Exactly. I don't know if I ever told you guys the story, but literally, they were figuring out where to put this and what time slot. They were like, we're going to do it in the summer because we're trying to get some summer programming going. That's what we're going to test up. And then Harvey Weinstein turns out to be an horrible monster and the whole thing gets canceled.

Explain to the audience, Freeberg, why having the computer at the edge is beneficial for those folks who might not know.

Explain to the audience, Freeberg, why having the computer at the edge is beneficial for those folks who might not know.

You don't have it losing your phone connection and then not knowing what to do.

You don't have it losing your phone connection and then not knowing what to do.

Mac Mini 4, yeah.

Mac Mini 4, yeah.

I just can't run an operating system in the traditional sense. Sam, when we look at startups, I remember when you and I started investing, two of the driving forces was free storage, free bandwidth, and cloud computing. It drove a lot of ability to get a product to market very quickly, effectively, etc. What impact will AI have on all these startups that are being...

I just can't run an operating system in the traditional sense. Sam, when we look at startups, I remember when you and I started investing, two of the driving forces was free storage, free bandwidth, and cloud computing. It drove a lot of ability to get a product to market very quickly, effectively, etc. What impact will AI have on all these startups that are being...

And anything that was anywhere within 100 miles of Harvey Weinstein got canceled, including my failed or forgotten reality TV show. All right, let's get to more important things. There is an unbelievable tragedy occurring in Los Angeles as we're speaking.

And anything that was anywhere within 100 miles of Harvey Weinstein got canceled, including my failed or forgotten reality TV show. All right, let's get to more important things. There is an unbelievable tragedy occurring in Los Angeles as we're speaking.

So picking the winner is going to be hard to figure out.

So picking the winner is going to be hard to figure out.

Well, when we were picking famously Uber, you had to pick between sidecar, Lyft and Uber. There were three people doing it and it was pretty clear who was the most qualified amongst those three. Now, to your point, if you want to be involved in tax, plus AI or legal plus AI, you might be looking at 50 companies, 100. And it was tradition in Silicon Valley to not bet on competitors.

Well, when we were picking famously Uber, you had to pick between sidecar, Lyft and Uber. There were three people doing it and it was pretty clear who was the most qualified amongst those three. Now, to your point, if you want to be involved in tax, plus AI or legal plus AI, you might be looking at 50 companies, 100. And it was tradition in Silicon Valley to not bet on competitors.

There were some notable exceptions. When you run an accelerator, like I do, Techstars or Y Combinator, you aren't bound by that because 50% of the companies pivot almost by design. So I think you just have to, I think, precede Because people pivot, you just have to tell people, listen, we have a lot of pivoting going on. People are going to run into each other.

There were some notable exceptions. When you run an accelerator, like I do, Techstars or Y Combinator, you aren't bound by that because 50% of the companies pivot almost by design. So I think you just have to, I think, precede Because people pivot, you just have to tell people, listen, we have a lot of pivoting going on. People are going to run into each other.

I can't just bet on one thing in a space. I think that's a reasonable compromise. If all the founders are going to keep pivoting to each other's businesses, how can the investors even keep track of that? It's like being traffic control of 10 airports at once. It's just not feasible.

I can't just bet on one thing in a space. I think that's a reasonable compromise. If all the founders are going to keep pivoting to each other's businesses, how can the investors even keep track of that? It's like being traffic control of 10 airports at once. It's just not feasible.

Devastating wildfires basically have formed a ring around L.A., the most destructive of which has been the Palisades Fire, which has stretched into Malibu, obviously. And 15,000 acres or so have been burned in that area. Thousands of homes, maybe 2,000 homes. Here's some images. They're just devastating. And we have a lot of friends in this area.

Devastating wildfires basically have formed a ring around L.A., the most destructive of which has been the Palisades Fire, which has stretched into Malibu, obviously. And 15,000 acres or so have been burned in that area. Thousands of homes, maybe 2,000 homes. Here's some images. They're just devastating. And we have a lot of friends in this area.

Yeah. In fact, Chamath has made a big bet there with his time, with his software startup that he's created. All right, let's end on the United States of America growing from 50 to 60 or 70 states. Trump has been rattling off some ideas. Around this, Chamath, what's your take on it? I know we've got to get wrapped up here, so we'll just do a quick lightning round on it.

Yeah. In fact, Chamath has made a big bet there with his time, with his software startup that he's created. All right, let's end on the United States of America growing from 50 to 60 or 70 states. Trump has been rattling off some ideas. Around this, Chamath, what's your take on it? I know we've got to get wrapped up here, so we'll just do a quick lightning round on it.

Having a capable business executive thinking about the future of business and shipping and logistics, pretty big win. And I just love the idea, Cyan.

Having a capable business executive thinking about the future of business and shipping and logistics, pretty big win. And I just love the idea, Cyan.

It's pretty smart. Any thoughts on expanding the United States to a couple more territories and states? I love it. I would love to have 60 states in our lifetime. I mean, let's pick one in the Caribbean. Let's pick one in Europe. I think we should have an open invitation.

It's pretty smart. Any thoughts on expanding the United States to a couple more territories and states? I love it. I would love to have 60 states in our lifetime. I mean, let's pick one in the Caribbean. Let's pick one in Europe. I think we should have an open invitation.

And the area you're seeing on fire, if you don't know the topography of Los Angeles, is north of Santa Monica. You have Palisades and then Malibu. And obviously, east of the 405, you have things that you've heard of like Bel Air and Brentwood. This area is part of a mountain area.

And the area you're seeing on fire, if you don't know the topography of Los Angeles, is north of Santa Monica. You have Palisades and then Malibu. And obviously, east of the 405, you have things that you've heard of like Bel Air and Brentwood. This area is part of a mountain area.

Freeberg, what do you think about opt-in imperialism and this incredible concept of expanding our territories in the 21st century?

Freeberg, what do you think about opt-in imperialism and this incredible concept of expanding our territories in the 21st century?

No, I have not. No.

No, I have not. No.

area called the santa monica mountains and they get very dry and there's a phenomenon which we'll get into called the santa and it winds that blow really really strongly and a perfect storm has happened where thousands of homes and tragically five lives and i'm sure there will be more unfortunately have burned it down this video of driving down pch

area called the santa monica mountains and they get very dry and there's a phenomenon which we'll get into called the santa and it winds that blow really really strongly and a perfect storm has happened where thousands of homes and tragically five lives and i'm sure there will be more unfortunately have burned it down this video of driving down pch

blow it it's true oh you're saying the self blow can't match the stylist blow it's just important when you get a haircut with a new stylist or a hairdresser or a barber yes you cannot let them blow you he's not happy with the ending got it it was an unhappy ending because when you blow yourself shamath which people have accused you of blowing yourself on this very program when you blow yourself it's not going to come out the way it did it won't be as fabulous every time i've blown myself it's been perfect

blow it it's true oh you're saying the self blow can't match the stylist blow it's just important when you get a haircut with a new stylist or a hairdresser or a barber yes you cannot let them blow you he's not happy with the ending got it it was an unhappy ending because when you blow yourself shamath which people have accused you of blowing yourself on this very program when you blow yourself it's not going to come out the way it did it won't be as fabulous every time i've blown myself it's been perfect

I think he has a really interesting explanation. Because we had Gavin explain it last time. Say, welcome to Conspiracy Corner.

I think he has a really interesting explanation. Because we had Gavin explain it last time. Say, welcome to Conspiracy Corner.

They floated the rocks up, yes. It's brilliant.

They floated the rocks up, yes. It's brilliant.

But you know what? Chamath and I were talking about this too. Because when you remove all that crust, because we actually were talking. We just didn't use the guy in Graham's name. It's just like Uranus. When you break away all that crust, what did they find in Uranus, Friedberg?

But you know what? Chamath and I were talking about this too. Because when you remove all that crust, because we actually were talking. We just didn't use the guy in Graham's name. It's just like Uranus. When you break away all that crust, what did they find in Uranus, Friedberg?

You got it. You landed the joke. It's great.

You got it. You landed the joke. It's great.

Oh, we finally got there, folks. This has been another amazing episode of the All In Podcast. It's different. Yeah, I can't say anything other than, Cyan, you were great for a first time out. You got to the conspiracies. You rocked it. You got to interject more because it's a vibrant panel. But for a first time out, very solid debut.

Oh, we finally got there, folks. This has been another amazing episode of the All In Podcast. It's different. Yeah, I can't say anything other than, Cyan, you were great for a first time out. You got to the conspiracies. You rocked it. You got to interject more because it's a vibrant panel. But for a first time out, very solid debut.

I think it's mutants. I'm going with the X-Men theory. I think there were mutant human beings who had the ability with superpowers to build them.

I think it's mutants. I'm going with the X-Men theory. I think there were mutant human beings who had the ability with superpowers to build them.

This is what we've come to now. We get conspiracy corner at the end of every program. We try to figure out unsolved mysteries. Welcome to Unsolved Mysteries. And, oh, just a little housekeeping here as we wrap. Our friends, our partners, dare I say, at Polymarket have done us a solid, Friedberg. Check this out. We talked a little bit about our long debates here on the program.

This is what we've come to now. We get conspiracy corner at the end of every program. We try to figure out unsolved mysteries. Welcome to Unsolved Mysteries. And, oh, just a little housekeeping here as we wrap. Our friends, our partners, dare I say, at Polymarket have done us a solid, Friedberg. Check this out. We talked a little bit about our long debates here on the program.

So Chamath, we created a market here. The Magnificent Seven shrinks below 30% of S&P 500 in 2025, 44% chances. What people in the real world are putting volume on that. I see $11,000 already in volume. And then, Freeberg, you came up with one, which was, I guess we did this one together, but I think it should be really under your name. Will U.S. national debt surpass $38 trillion in 2025?

So Chamath, we created a market here. The Magnificent Seven shrinks below 30% of S&P 500 in 2025, 44% chances. What people in the real world are putting volume on that. I see $11,000 already in volume. And then, Freeberg, you came up with one, which was, I guess we did this one together, but I think it should be really under your name. Will U.S. national debt surpass $38 trillion in 2025?

And then third, talking about immigration, we got a lot of passion around this topic. Trump's team and Trump himself said they're going to deport 15 million immigrants from America. I said, hey, let's create a market for, will Trump deport 750,000 or more people in 2025? 38% chance. For those of you who don't know, Obama, I think, did 2 million people in eight years.

And then third, talking about immigration, we got a lot of passion around this topic. Trump's team and Trump himself said they're going to deport 15 million immigrants from America. I said, hey, let's create a market for, will Trump deport 750,000 or more people in 2025? 38% chance. For those of you who don't know, Obama, I think, did 2 million people in eight years.

If you've ever driven, PCH, the Pacific Coast Highway. These are 10, 20, $50 million homes that are literally on the Pacific Ocean. The most coveted homes in Los Angeles are not Bel Air and Brentwood. You might think that because you hear them on TV.

If you've ever driven, PCH, the Pacific Coast Highway. These are 10, 20, $50 million homes that are literally on the Pacific Ocean. The most coveted homes in Los Angeles are not Bel Air and Brentwood. You might think that because you hear them on TV.

So this is not like a partisan thing. This is just a practical thing. So anyway, go to Polymarket, look at the creators. You'll see under that tab that All In has a bunch of markets. We're doing this in partnership with our partners who've partnered with us in a partnership at Polymarket. Hashtag FTC.

So this is not like a partisan thing. This is just a practical thing. So anyway, go to Polymarket, look at the creators. You'll see under that tab that All In has a bunch of markets. We're doing this in partnership with our partners who've partnered with us in a partnership at Polymarket. Hashtag FTC.

Love you guys.

Love you guys.

See you on the mountains.

See you on the mountains.

That was super fun.

That was super fun.

But really, if you were an incredibly successful person, you would aspire to live in the Pacific Palisades, just west of Brentwood and just south of Malibu or Malibu. Many celebrities live there, many executives, etc., And these homes are gone. Thousands and thousands of homes.

But really, if you were an incredibly successful person, you would aspire to live in the Pacific Palisades, just west of Brentwood and just south of Malibu or Malibu. Many celebrities live there, many executives, etc., And these homes are gone. Thousands and thousands of homes.

This has turned into the ultimate Rorschach test on social media, where people are projecting into this tragedy, which tragically occurs every year to varying degrees. And maybe every 20, 30 years, it's an acute situation. We'll get into that in a moment. But looking at this absolute, just devastating loss of property and lives, the lives could have been a lot worse.

This has turned into the ultimate Rorschach test on social media, where people are projecting into this tragedy, which tragically occurs every year to varying degrees. And maybe every 20, 30 years, it's an acute situation. We'll get into that in a moment. But looking at this absolute, just devastating loss of property and lives, the lives could have been a lot worse.

Freeberg, from a scientific perspective, maybe we'll start there. When you look at these wildfires, extreme weather, global warming, and you look at this situation, is that where your mind goes or in this Rorschach test of how you feel about these kind of tragedies and how you interpret it? Do you go somewhere else? The incompetence of California's government, DEI, Ukraine?

Freeberg, from a scientific perspective, maybe we'll start there. When you look at these wildfires, extreme weather, global warming, and you look at this situation, is that where your mind goes or in this Rorschach test of how you feel about these kind of tragedies and how you interpret it? Do you go somewhere else? The incompetence of California's government, DEI, Ukraine?

I mean, everybody is superimposing on this natural disaster, whatever their pet issues are. Where do you come to when you look at this?

I mean, everybody is superimposing on this natural disaster, whatever their pet issues are. Where do you come to when you look at this?

Okay, let's get to that after we go through maybe a little bit of the quick reactions here.

Okay, let's get to that after we go through maybe a little bit of the quick reactions here.

Okay, so Chamath, I think table stakes, we all agree, global warming, extreme weather, depending on what degree you believe in it, there's play some factor here. And this is something that has reoccurred over and over again in this specific region. region. But on social media, we're seeing a lot of other interpretations of this event. Maybe your thoughts on some of the other interpretations.

Okay, so Chamath, I think table stakes, we all agree, global warming, extreme weather, depending on what degree you believe in it, there's play some factor here. And this is something that has reoccurred over and over again in this specific region. region. But on social media, we're seeing a lot of other interpretations of this event. Maybe your thoughts on some of the other interpretations.

And then when you look at it, what do you start to think about preventing this in the future? Or maybe who's responsible? What's your general take on what we've seen in the last week?

And then when you look at it, what do you start to think about preventing this in the future? Or maybe who's responsible? What's your general take on what we've seen in the last week?