Episode
E102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
1:36:00
Published: Sat Oct 29 2022
Description
(0:00) Sacks is back! (1:01) Sacks recaps his week off (3:13) Elon finalizes Twitter deal, immediate content moderation decisions, platform potential (31:19) Meta's historic bet on VR and stock price predicament, governance structure, and more (1:02:52) Big tech's 2022 decline, macro outlook, market breakdown (1:06:32) Ukraine update: Progressives call for diplomacy, then flip flop, chip sanctions on China (1:27:29) Science corner: Gut microbiome advancements 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: https://www.google.com/finance/quote/TWTR:NYSE https://twitter.com/elonmusk/status/1586059953311137792 https://medium.com/@alt.cap/time-to-get-fit-an-open-letter-from-altimeter-to-mark-zuckerberg-and-the-meta-board-of-392d94e80a18 https://www.google.com/finance/quote/META:NASDAQ https://fred.stlouisfed.org/series/JTSJOL https://fred.stlouisfed.org/series/EFFR https://thehill.com/homenews/house/3702113-progressives-urge-biden-to-push-harder-for-ukraine-peace-talks https://www.politico.com/news/magazine/2022/10/26/progressives-thought-crime-on-ukraine-00063621 https://twitter.com/BillAckman/status/1581831084219645952
Chapters
The chemistry of a band is crucial and adding new members or replacing an old one may not work.
00:00 - 03:17 (03:17)
Summary
The chemistry of a band is crucial and adding new members or replacing an old one may not work. Infighting may exist but it just works.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses the potential issue of using Twitter as a coping mechanism and highlights the dangers of the Metaverse, specifically pointing out the malvalues that affect its credibility.
03:17 - 11:54 (08:36)
Summary
The speaker discusses the potential issue of using Twitter as a coping mechanism and highlights the dangers of the Metaverse, specifically pointing out the malvalues that affect its credibility. They also mention the possibility of people paying for verification on Metaverse.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Elon Musk's approach to entrepreneurship involves starting with a mission and then creating a great product and business, without compromising on the appropriateness of the content or sacrificing his vision.
11:54 - 17:56 (06:02)
Summary
Elon Musk's approach to entrepreneurship involves starting with a mission and then creating a great product and business, without compromising on the appropriateness of the content or sacrificing his vision. Despite any controversies the platforms may face, he always finds ways to turn his mission into a success story.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The use of AI to tag content and avoiding banning of content are some mechanisms suggested for social media platforms to monitor controversial topics and reduce radicalization, according to a podcast discussion.
17:56 - 26:23 (08:26)
Summary
The use of AI to tag content and avoiding banning of content are some mechanisms suggested for social media platforms to monitor controversial topics and reduce radicalization, according to a podcast discussion. Recently, Twitter formed a content moderation council to enhance their content decision-making.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast talks about how to handle conversations with people who are not in a regulated state, who are in their manic state, and who experience various degrees of emotions in one conversation.
26:23 - 31:18 (04:54)
Summary
The podcast talks about how to handle conversations with people who are not in a regulated state, who are in their manic state, and who experience various degrees of emotions in one conversation.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
As Facebook rebrands as Meta to build the metaverse, their ambitions come with a massive price tag.
31:18 - 39:54 (08:36)
Summary
As Facebook rebrands as Meta to build the metaverse, their ambitions come with a massive price tag. Estimates suggest that creating the necessary infrastructure and capabilities could cost as much as the entire Apollo program in today's dollars.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The Fortnite game and experience has evolved immensely since its launch, and it's important to recognize that development and innovation are ongoing processes.
39:54 - 47:27 (07:32)
Summary
The Fortnite game and experience has evolved immensely since its launch, and it's important to recognize that development and innovation are ongoing processes. However, despite calls for change, companies are unlikely to make significant alterations unless the returns are guaranteed.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The historic performance of successful internet companies has shown that having a founder stay involved for a long time leads to better outcomes.
47:27 - 51:33 (04:05)
Summary
The historic performance of successful internet companies has shown that having a founder stay involved for a long time leads to better outcomes. The ability to negotiate compensation packages and have clarity on the important aspects of the business matter more than having multiple classes of stock.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
There is a certain personality type that loves the mastery that comes from working on a thing for a long time.
51:33 - 58:09 (06:36)
Summary
There is a certain personality type that loves the mastery that comes from working on a thing for a long time. Great leaps of progress in humanity are not correlated to dollars all the time.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
After an announcement from a hedge fund about their decisions on the allocation of spendable funds, some investors left the fund, resulting in substantial market losses.
58:09 - 1:03:04 (04:55)
Summary
After an announcement from a hedge fund about their decisions on the allocation of spendable funds, some investors left the fund, resulting in substantial market losses.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
With the bottom seeming to be in for the short term, it's time to start getting constructive about where things are going.
1:03:05 - 1:07:01 (03:56)
Summary
With the bottom seeming to be in for the short term, it's time to start getting constructive about where things are going. The market is showing positive signs, making it a great time to invest.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The House Progressive Caucus sent a letter signed by 30 members to suggest opening up a diplomatic track with Russia while continuing funding to Ukraine on a virtually unlimited basis to mitigate against the threat of being drawn into a nuclear war.
1:07:01 - 1:12:46 (05:44)
Summary
The House Progressive Caucus sent a letter signed by 30 members to suggest opening up a diplomatic track with Russia while continuing funding to Ukraine on a virtually unlimited basis to mitigate against the threat of being drawn into a nuclear war. Representative Rokana stood by the letter, while many of the other signatories recanted after facing fierce reactions from social and traditional media.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast host discusses the hypocrisy within political discourse, citing examples such as the backlash towards Elon Musk for his comments on Ukraine compared to the lack of criticism towards other inexperienced individuals, as well as the use of demeaning illustrations to discredit individuals.
1:12:46 - 1:16:50 (04:04)
Summary
The podcast host discusses the hypocrisy within political discourse, citing examples such as the backlash towards Elon Musk for his comments on Ukraine compared to the lack of criticism towards other inexperienced individuals, as well as the use of demeaning illustrations to discredit individuals.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This podcast episode discusses the US foreign policy towards China and Russia and the potential consequences of bringing NATO to Russia's border.
1:16:50 - 1:26:50 (10:00)
Summary
This podcast episode discusses the US foreign policy towards China and Russia and the potential consequences of bringing NATO to Russia's border. The speakers analyze the timing and geopolitical logic behind the US administration's decisions while also referencing experts' warnings about possible conflict.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Researchers have discovered similarities between a certain gut bacteria and the protein found in joint's cartilage, which could help explain why the immune system attacks its own cells in rheumatoid arthritis.
1:26:50 - 1:31:36 (04:45)
Summary
Researchers have discovered similarities between a certain gut bacteria and the protein found in joint's cartilage, which could help explain why the immune system attacks its own cells in rheumatoid arthritis. DNA sequencing and identifying organisms in the gut biome are key tools in this research, which could lead to reducing the incidence rate of the disease by stopping the bacteria from proliferating.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses the idea of a "Science Corner" and the common use of gut instinct for problem-solving, while also highlighting the humorous side of the topic with jokes about oatmeal.
1:31:36 - 1:34:13 (02:37)
Summary
The speaker discusses the idea of a "Science Corner" and the common use of gut instinct for problem-solving, while also highlighting the humorous side of the topic with jokes about oatmeal.
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Chamath Palihapitiya and David Sacks discuss their thoughts on the upcoming Q4 season.
1:34:13 - 1:36:20 (02:06)
Summary
Chamath Palihapitiya and David Sacks discuss their thoughts on the upcoming Q4 season. There is some playful banter and joking between the two during the conversation.