Episode
E42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
1:17:29
Published: Fri Jul 30 2021
Description
Show Notes: 0:00 Quick vaccine passports update 17:15 China's massive tech crackdown: reasons, ramifications, & more 37:37 How will large firms & institutional investors react to the CCP's recent regulatory moves, mechanics of delisting public companies 41:25 CRISPR breakthrough, future possibilities 50:18 Taking the right approach to climate change with respect to population growth & consumption, carbon markets, practical solutions 1:06:03 Quentin Tarantino's approach & impact on Sacks, Chamath's poker story Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: NYT - N.F.L. Sets Stiff Penalties for the Unvaccinated, Jolting Teams https://www.nytimes.com/2021/07/23/sports/football/nfl-vaccination-policy.html WSJ - Google, Facebook to Require Vaccinations for On-Campus Workers https://www.wsj.com/articles/google-to-require-vaccinations-for-on-campus-workers-11627491628 AP - Biden orders tough new vaccination rules for federal workers https://apnews.com/article/lifestyle-joe-biden-business-health-travel-a1670ffa08f1f2eab42c675d99f1d9ad Bloomberg - NYC’s Top Dining Rooms Will Start Requiring Proof of Vaccination https://www.bloomberg.com/news/articles/2021-07-29/danny-meyer-restaurants-start-requiring-vaccination-for-indoor-dining NBC Chicago - Scams and Fake Vaccination Cards: Lollapalooza Put To The Test https://www.nbcchicago.com/news/local/scams-and-fake-vaccination-cards-lollapalooza-put-to-the-test/2569984/ WSJ - Covid-19 Pill Race Heats Up as Japanese Firm Vies With Pfizer, Merck https://www.wsj.com/articles/covid-19-pill-race-heats-up-as-japanese-firm-vies-with-pfizer-merck-11627205403 WSJ - ByteDance Shelved IPO Intentions After Chinese Regulators Warned About Data Security https://www.wsj.com/articles/bytedance-shelvedipo-intentions-after-chinese-regulators-warned-about-data-security-11626078000 Reuters - ByteDance founder tells staff he’s shifting away from CEO’s daily work -sources https://www.reuters.com/business/tiktok-owner-bytedances-2020-revenue-soars-net-loss-45-bln-memo-2021-06-17 Bloomberg - China Weighs Unprecedented Penalty for Didi After U.S. IPO https://www.bloomberg.com/news/articles/2021-07-22/china-is-said-to-weigh-unprecedented-penalty-for-didi-after-ipo?srnd=cybersecurity Seeking Alpha - SoftBank's Didi stake loses $4B in value amid regulatory crackdown https://seekingalpha.com/news/3719027-softbanks-didi-stake-loses-4b-in-value-amid-regulatory-crackdown Bloomberg - China Education Tycoon Loses $15 Billion as Shares Tumble https://www.bloomberg.com/news/articles/2021-07-26/chinese-education-tycoon-loses-15-billion-as-shares-plunge-98 Bloomberg - China to Overhaul Education Sector ‘Hijacked by Capital’ https://www.bloomberg.com/news/articles/2021-07-25/china-to-overhaul-private-education-sector-hijacked-by-capital BBC - Tencent shares slide after Beijing crackdown on music rights https://www.bbc.com/news/business-57966023 NPR - He Inherited A Devastating Disease. A CRISPR Gene-Editing Breakthrough Stopped It https://www.npr.org/sections/health-shots/2021/06/26/1009817539/he-inherited-a-devastating-disease-a-crispr-gene-editing-breakthrough-stopped-it Science Magazine - CRISPR creates first genetically modified marsupials https://www.sciencemag.org/news/2021/07/crispr-creates-first-genetically-modified-marsupials
Chapters
The hosts discuss the audience's complaints about the frequent COVID-19 discussions on the podcast with an invitation for a science-focused guest to join the show.
00:00 - 01:48 (01:48)
Summary
The hosts discuss the audience's complaints about the frequent COVID-19 discussions on the podcast with an invitation for a science-focused guest to join the show.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Danny Meyer, restaurateur and owner of Union Square Cafe and Gramercy Tavern, announced that he will start mandating vaccines for all staff and customers.
01:48 - 09:24 (07:35)
Summary
Danny Meyer, restaurateur and owner of Union Square Cafe and Gramercy Tavern, announced that he will start mandating vaccines for all staff and customers. The government is not in the USBiden's going to mandate federal workers.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The reduced effectiveness of vaccines against COVID-19 may require supplements such as home testing and oral antivirals.
09:24 - 17:09 (07:45)
Summary
The reduced effectiveness of vaccines against COVID-19 may require supplements such as home testing and oral antivirals. The FBI has warned against the purchase of fake vaccine cards as some events require their presentation for attendance.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
China has recently implemented strict regulations on their big tech companies such as Alibaba, ByteDance, and Didi, which have caused concern in the tech industry.
17:09 - 26:41 (09:32)
Summary
China has recently implemented strict regulations on their big tech companies such as Alibaba, ByteDance, and Didi, which have caused concern in the tech industry. The Chinese government is focused on preventing these companies from becoming power centers and wants to control the distribution of information in the country.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
As tensions between the US and China continue to rise, investors are hedging their bets and may begin to put money into China differently over time.
26:41 - 36:29 (09:48)
Summary
As tensions between the US and China continue to rise, investors are hedging their bets and may begin to put money into China differently over time. It's becoming increasingly important to control information presented to citizens, which is evident through the ripple effects of the US-China decoupling on financial markets.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The distribution of risk of Chinese companies in the US is closer to Russia than the US, where the US government can regulate the companies with acts such as the McGins Ginski act.
36:29 - 41:24 (04:54)
Summary
The distribution of risk of Chinese companies in the US is closer to Russia than the US, where the US government can regulate the companies with acts such as the McGins Ginski act. Nevertheless, a forced sale of the shares of Chinese companies operating in the US through acts like Ginski is unlikely to occur due to the distributed shareholder base.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
As gene editing techniques such as CRISPR advance, a technical explosion is happening that will solve a lot of problems.
41:24 - 49:49 (08:25)
Summary
As gene editing techniques such as CRISPR advance, a technical explosion is happening that will solve a lot of problems. Meanwhile, the company Forum has made a breakthrough in energy storage that could have important implications for electricity and grids.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Companies need to take meaningful action to reduce carbon emissions and lawmakers may consider implementing carbon tariffs.
49:49 - 56:07 (06:17)
Summary
Companies need to take meaningful action to reduce carbon emissions and lawmakers may consider implementing carbon tariffs. Negative emissions technologies could provide solutions to the problem.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The key to solving energy and climate problems can be found in first principles and novel innovations such as using the periodic table to find solutions for energy storage and pushing the boundaries of physics for breakthroughs in superconductors.
56:07 - 1:04:55 (08:48)
Summary
The key to solving energy and climate problems can be found in first principles and novel innovations such as using the periodic table to find solutions for energy storage and pushing the boundaries of physics for breakthroughs in superconductors.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The transcript discusses the story of an innovator and inventor who experienced a big setback in his superconductor work and how he dealt with it, as well as his struggle to get his film scripts produced.
1:04:55 - 1:09:36 (04:40)
Summary
The transcript discusses the story of an innovator and inventor who experienced a big setback in his superconductor work and how he dealt with it, as well as his struggle to get his film scripts produced.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker talks about the value of steak and the power of conversations after recalling a scene from a movie and a personal experience at Harvard.
1:09:36 - 1:14:20 (04:44)
Summary
The speaker talks about the value of steak and the power of conversations after recalling a scene from a movie and a personal experience at Harvard.
EpisodeE42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Robinhood's 22 million users prove that even with small stakes, investing can help individuals learn and grow.
1:14:20 - 1:17:14 (02:53)
Summary
Robinhood's 22 million users prove that even with small stakes, investing can help individuals learn and grow. Despite past difficulties, the company's potential for growth and the launch of new products suggest it could become a trillion dollar company.