All-In with Chamath, Jason, Sacks & Friedberg
GPT-4o launches, Glue demo, Ohalo breakthrough, Druck's Argentina bet, did Google kill Perplexity?
David Sacks
Remember, Larry Summers did that study where he said the real inflation rate would be 18% or would have peaked at 18% if you included cost of borrowing. That's why people don't feel as well off as the unemployment rate would normally suggest. So people are hit really hard when interest rates go up in terms of big purchases they need to make with debt.
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