Episode
E112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
1:36:39
Published: Fri Jan 20 2023
Description
(0:00) Bestie intro, who gets credit for the podcast? (6:27) Top candidates for the Republican nominee in 2024: DeSantis, Youngkin, Haley; major 2024 issues, balancing the budget (19:13) WEF in Davos: is it a grift? Somber mood, globalist mishaps, evaluating the US free trade policy (39:51) Rebuilding infrastructure while avoiding the debt ceiling, immigration reform (1:00:42) TikTok's endgame in the US: banned, spun out, or something else? (1:17:22) Pharma meets AI, best AI business models 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://twitter.com/RitchieTorres/status/1616124738752987152 https://twitter.com/TalbertSwan/status/1616101666582892547 https://www.wsj.com/articles/at-davos-mood-is-somber-as-many-ceos-question-economys-future-11673952415 https://www.washingtonpost.com/world/2023/01/17/davos-globalization-wef-economic-seige https://twitter.com/ShellenbergerMD/status/1614782758328598528 https://www.facebook.com/worldeconomicforum/videos/8-predictions-for-the-world-in-2030/10153920524981479 https://www.weforum.org/agenda/2022/02/how-insects-positively-impact-climate-change https://www.zerohedge.com/geopolitical/dark-side-davos-revealed-global-elite-bookings-sex-workers-soar https://archive.wphna.org/wp-content/uploads/2013/12/04-03_The_National_Interest._Samuel_Huntington_Davos_Man.pdf https://www.nytimes.com/2023/01/15/business/auburn-tiktok-ban-students.html https://www.theinformation.com/articles/vc-s-8-billion-bytedance-headache?rc=g3wfdp https://www.wsj.com/articles/tiktok-tries-to-win-allies-in-the-u-s-with-more-transparency-11673836560 https://www.nytimes.com/2022/12/22/technology/byte-dance-tik-tok-internal-investigation.html https://www.ft.com/content/6670acad-8a5b-4c4a-b6a8-48dc307b6d4d https://www.hellopearl.com https://roboflow.com https://www.reuters.com/business/retail-consumer/brazils-americanas-shares-plunge-pre-market-accounting-inconsistencies-2023-01-12 https://www.wsj.com/articles/alec-baldwin-shooting-charges-involuntary-manslaughter-rust-movie-11674081157
Chapters
The host of the podcast takes a week off to rest his voice and recover.
00:00 - 01:39 (01:39)
Summary
The host of the podcast takes a week off to rest his voice and recover. He teases his co-hosts about their impact on the show's rankings.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
JCal tells the story of how he created the All In Podcast in a 10 minute clip on Tim Ferriss' show.
01:39 - 05:06 (03:27)
Summary
JCal tells the story of how he created the All In Podcast in a 10 minute clip on Tim Ferriss' show.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Ron DeSantis is facing criticism for banning AP African American studies, which he believes falls under the StopWoke Act.
05:06 - 08:43 (03:37)
Summary
Ron DeSantis is facing criticism for banning AP African American studies, which he believes falls under the StopWoke Act. There are concerns that he may further prohibit the teaching of Critical Race Theory and gender fluidity.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The article discusses Nikki Haley's achievement as a moderate and successful governor of South Carolina, as well as her potential presidential candidacy run in 2024.
08:43 - 12:45 (04:01)
Summary
The article discusses Nikki Haley's achievement as a moderate and successful governor of South Carolina, as well as her potential presidential candidacy run in 2024. The article also touches on the challenges she may face from other Republican candidates.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A young and fiscally responsible individual is needed for leadership, taking control of spending and reducing debt.
12:45 - 15:31 (02:46)
Summary
A young and fiscally responsible individual is needed for leadership, taking control of spending and reducing debt. Social issues, rather than economical ones, dominate many candidate agendas, highlighting the need for financial understanding in those in power.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker believes that in countries where austerity measures have been implemented successfully, women leaders have been more effective.
15:31 - 19:26 (03:54)
Summary
The speaker believes that in countries where austerity measures have been implemented successfully, women leaders have been more effective. Having a strong balance sheet is crucial when competing globally.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The discussion reflects on whether the World Economic Forum still serves its original purpose of enabling and supporting global trade, or whether it has become a neoliberal organization that promotes beliefs unrelated to its initial construct.
19:26 - 29:26 (09:59)
Summary
The discussion reflects on whether the World Economic Forum still serves its original purpose of enabling and supporting global trade, or whether it has become a neoliberal organization that promotes beliefs unrelated to its initial construct. There's also a discussion on the pros and cons of globalization and whether it has been a net positive for the US over the last 30 years.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Patrick Bet-David discusses the negative consequences of societal obsession with wokeism, inflation, and the global elites’ approach to energy and social policies.
29:26 - 36:04 (06:38)
Summary
Patrick Bet-David discusses the negative consequences of societal obsession with wokeism, inflation, and the global elites’ approach to energy and social policies. He questions the benefits of consistently upgrading to new iPhone models and explains how waiting for improved, more affordable versions can lead to more significant progress and benefit more people.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The concept of Davos man, an elite gathering of globalists, is being criticized for being exclusive and failing to address the needs of the people.
36:04 - 39:27 (03:22)
Summary
The concept of Davos man, an elite gathering of globalists, is being criticized for being exclusive and failing to address the needs of the people. The idea of people spending $250,000 to feel important at the gathering is also being condemned.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this podcast, the speaker argues that the debt to GDP ratio is an intellectual red herring and that there are more important things to consider when thinking about infrastructure spending.
39:27 - 44:56 (05:29)
Summary
In this podcast, the speaker argues that the debt to GDP ratio is an intellectual red herring and that there are more important things to consider when thinking about infrastructure spending.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker emphasizes the importance of investing in poorly understood regions, such as India, to gain control over natural resources, which can provide a strategic advantage in the market.
44:56 - 49:31 (04:34)
Summary
The speaker emphasizes the importance of investing in poorly understood regions, such as India, to gain control over natural resources, which can provide a strategic advantage in the market. He also highlights that considering the inputs required for production can be more valuable than only assessing energy costs in different countries.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The combination of immigration and entrepreneurship is what historically made America successful.
49:31 - 54:12 (04:41)
Summary
The combination of immigration and entrepreneurship is what historically made America successful. Singular individuals who have the ability to drive the economy forward and who are inspired by entrepreneurs, have the potential to change the fate of the country.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Countries like Sweden and Finland have specified the number of folks they can accept who are uneducated or don't speak the language for their compassion-based immigration program.
54:12 - 1:00:18 (06:05)
Summary
Countries like Sweden and Finland have specified the number of folks they can accept who are uneducated or don't speak the language for their compassion-based immigration program. Admitting immigrants based on skills the country actually needs is more important than bringing in people who are net dependents on the government.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
There are discussions in Washington, D.C. over a proposal to restructure the organization, ownership, and oversight of TikTok and ByteDance so that U.S. regulators and companies can monitor the data, use of the data, and algorithms underlying the app from within the United States, amid concerns over security threat
1:00:18 - 1:04:55 (04:37)
Summary
There are discussions in Washington, D.C. over a proposal to restructure the organization, ownership, and oversight of TikTok and ByteDance so that U.S. regulators and companies can monitor the data, use of the data, and algorithms underlying the app from within the United States, amid concerns over security threat
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The Chinese Communist Party's surveillance capabilities and ability to trend certain videos that steer the United States in a certain direction make owning TikTok highly controversial.
1:04:55 - 1:08:12 (03:16)
Summary
The Chinese Communist Party's surveillance capabilities and ability to trend certain videos that steer the United States in a certain direction make owning TikTok highly controversial.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
TikTok's default settings include access to local network, microphone, camera, background app refresh, and cell data.
1:08:12 - 1:13:11 (04:58)
Summary
TikTok's default settings include access to local network, microphone, camera, background app refresh, and cell data. Concerns over user data being accessed by the Chinese government has put governance of companies into question.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The debate around Chinese investment in US assets is focused on the shifting of asset ownership and control, and the concern that the Chinese government may have an economic interest in these assets.
1:13:11 - 1:15:36 (02:25)
Summary
The debate around Chinese investment in US assets is focused on the shifting of asset ownership and control, and the concern that the Chinese government may have an economic interest in these assets. Regulations such as CIFIUS have been used to reject deals that could potentially lead to China owning a significant stake in US assets.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The pharma industry is starting to use AI and ML to accelerate drug discovery by moving in vitro testing to in silico testing, which allows for predictive modeling of large molecules and can greatly enhance the value and trajectory of a company.
1:15:36 - 1:22:43 (07:07)
Summary
The pharma industry is starting to use AI and ML to accelerate drug discovery by moving in vitro testing to in silico testing, which allows for predictive modeling of large molecules and can greatly enhance the value and trajectory of a company. Enterprise software businesses that offer broad toolsets and toolkits that allow for revenue sharing or participation in service revenue streams are also becoming more prominent in the industry.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Companies in the pharma and biotech industry are adopting novel business models that allow them to play a more significant role in drug development outcomes, rather than simply paying for a service or software license.
1:22:43 - 1:29:13 (06:29)
Summary
Companies in the pharma and biotech industry are adopting novel business models that allow them to play a more significant role in drug development outcomes, rather than simply paying for a service or software license. The trend is moving towards backend revenue sharing and royalty arrangements rather than upfront seat licenses.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This episode discusses the recent tragic accident on a movie set due to the mishandling of a gun, as well as the importance of due diligence before investing in companies.
1:29:13 - 1:34:23 (05:09)
Summary
This episode discusses the recent tragic accident on a movie set due to the mishandling of a gun, as well as the importance of due diligence before investing in companies.
EpisodeE112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Alec Baldwin is being charged with involuntary manslaughter along with the armor over the fatal shooting on a movie set.
1:34:23 - 1:35:44 (01:21)
Summary
Alec Baldwin is being charged with involuntary manslaughter along with the armor over the fatal shooting on a movie set. The All In Pod also mentions talking about an incredible paper on epigenetics and loss of data integrity, being the core driver of aging in mammalian cells in their next episode.