Chapter

The Implication of Travel Demand in Present Times.
The speakers opine on the low travel demand and how the government has failed in rolling out the vaccine. Institutions have broken their promises to align their outcomes with the goals of society, which is aggravated by their interest in expanding their power.
Clips
Data shows that there is no correlation between lockdowns and a state's success in battling Covid.
52:27 - 59:58 (07:31)
Summary
Data shows that there is no correlation between lockdowns and a state's success in battling Covid. California and Florida have similar death rates despite having different covid policies.
ChapterThe Implication of Travel Demand in Present Times.
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The travel industry is anticipating a surge in demand as people are over lockdowns and ready to make risk-reward decisions for their personal lives.
59:58 - 1:11:12 (11:13)
Summary
The travel industry is anticipating a surge in demand as people are over lockdowns and ready to make risk-reward decisions for their personal lives. Institutions are broken because the incentives of the people running them are not aligned with the people who expect output from them.
ChapterThe Implication of Travel Demand in Present Times.
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The government should offer $2,000 to every American and fund it with a tax on the top 1% while eliminating all tax deductions and loopholes.
1:11:12 - 1:16:15 (05:03)
Summary
The government should offer $2,000 to every American and fund it with a tax on the top 1% while eliminating all tax deductions and loopholes. This would create a sense of ownership and participation in the American dream and ultimately increase returns for risk capital.