Presidential Debate Reaction, Biden Hot Swap?, Tech unemployment, OpenAI considers for-profit & more

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All-In with Chamath, Jason, Sacks & Friedberg 1h 21m 12 speakers transcribed
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Unnamed Speaker 12 0:00
All right, everybody, welcome back to the number one podcast in the world. It's episode 185. And you're going to be delighted by today's docket. If you're into politics, we move the taping back a day, gentlemen, because we knew there would be a presidential debate. So with me to discuss all things presidential debate and the news finance markets, maybe even a little science from our science boy, David Friberg. Is the Rain Man David Sachs? Yeah. Probably have a tea is frozen or he's staring everybody down. How are you, sir?
Chamath Palihapitiya 0:34
We're about to enter the endgame, Jason.
Unnamed Speaker 12 0:36
Oh, the endgame is here. Okay. We're in the endgame now. And from a WeWork in the home office in Pasadena is our friend, the Sultan of Science. He's back to work. He's in his cube. Did you get the TPS reports done? How are you doing there, Greenberg?
Frank Friedberg 0:51
the humble headquarters of Ohalo Genetics, beautiful lab downstairs. I'll take you on a tour one day. Oh, nice. Can't wait to hear my friends gloat and bloat themselves on the show today after the debate last night. It's going to be insufferable. I'm looking forward to it.
Unnamed Speaker 12 1:06
Okay. So you're building the next $10 billion company and we don't get to invest, but we do get a tour. Thank you. That's good to know. Not that we're bitter. We promote this shit every fucking week.
Frank Friedberg 1:18
If you guys want to put money in, I will open up the round again for you, and you guys can come in.
Unnamed Speaker 12 1:21
You said this three fucking times. When do we wet our beaks?
Jason Calacanis 1:24
J. Cal's right about this, actually.
Unnamed Speaker 11 1:26
That's how you know the winner. The one who doesn't let us invest in is the winner. It's the easiest way in his portfolio to know. He's like, hey, can I introduce you to a soda pop machine?
Unnamed Speaker 8 1:42
Rain Man, David Sack. And it said, we open sourced it to the fans and they've just gone crazy with it. Love you guys. Queen of.
Unnamed Speaker 12 1:55
All right, everybody, let's get to the show here. Enough of the craziness. Last night was the first presidential debate, and there's no easy way to put this. It was an unmitigated disaster for the Democrats and President Biden. Gosh, he looked confused. Lots of slips, lots of gaffes. If you are under a rock, living in a cave without Starlink and you missed it, Here's a couple of clips. Everybody's talking about this one where Biden lost his train of thought for, I don't know, close to 10 seconds. Play the clip.
Joe Biden 2:26
Making sure that we're able to make every single solitary person eligible for what I've been able to do with the COVID, excuse me, with dealing with everything we have to do with. Look, if we finally beat Medicare.
David Sacks 2:47
Thank you, President Biden. President Trump?
Unnamed Speaker 12 2:50
Gosh, that was brutal. And the reaction from CNN, even MSNBC's Joy Reid, as far left as you can go, was... Brutal and candid. And here it is. The knives are out from the Democrats for President Biden.
Unnamed Speaker 5 3:08
Right now, as we speak, there is a deep, a wide and a very aggressive panic in the Democratic Party. It started minutes into the debate and it continues right now. It involves party strategists. It involves elected officials. It involves fundraisers. And they're having conversations about the president's performance, which they think was dismal, which they think will hurt other people down the party in the ticket. And they're having conversations about what they should do about it. Some of those conversations include, should we go to the White House and ask the president to step aside? Other of the conversations are about, should prominent Democrats go public? with that call because they feel this debate was so terrible.
Unnamed Speaker 4 3:43
That was painful. I love Joe Biden. I work for Joe Biden. He did not do well at all. And I think there's a lot of people who are going to want to see him consider taking a different course now. There is time for this party to figure out a different way forward if he will allow us to do that.
Unnamed Speaker 6 3:58
I too was on the phone throughout much of the debate. My phone really never stopped buzzing throughout. And the universal reaction was somewhere approaching panic. The people who were texting with me were very concerned about President Biden seeming extremely feeble. seeming extremely weak.

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