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

1184.702 - 1205.293 Chamath Palihapitiya

It's just that Google can't afford to lose anything. Yeah. Everybody takes a point here and a point there. And all of a sudden, Google could be in the high 70s of search. And that would be economically disastrous for their stock. Yeah. You're going to have to make cuts. Why do you guys think the stock is down? Why is the stock down 16%? I have a theory as to why. Tell us your theory. Go for it.