Episode
E106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
1:41:59
Published: Sat Dec 03 2022
Description
(0:00) Bestie hangover! (1:05) Analyzing SBF's media tour: his angle, media coverage, and more (21:09) FTX culpability: media, investors, regulators (53:41) Challenging media coverage of other countries, China's current situation, Xi Jinping's standing (1:10:04) What OpenAI's new ChatGPT tool means for the future (1:26:30) David Sacks on the slowdown in SaaS, use case endgame for generative AI 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.youtube.com/watch?v=KMZckrBPw38 https://www.coindesk.com/layer2/2022/11/30/ftxs-collapse-was-a-crime-not-an-accident https://www.wsj.com/articles/sequoia-capital-apologizes-to-limited-partners-for-ftx-investment-11669144914 https://www.nytimes.com/2022/11/27/opinion/ftx-sam-bankman-fried-fullenkamp.html https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankman-fried-crypto-bankruptcy.html https://twitter.com/lizrhoffman/status/1595193884438568960 https://taibbi.substack.com/p/be-it-resolved-dont-trust-mainstream https://www.newcomer.co/p/taking-kid-gloves-to-all-in-my-reflections https://chat.openai.com/chat https://twitter.com/jdjkelly/status/1598021488795586561 https://twitter.com/pmarca/status/1598413401705021440 https://twitter.com/jdjkelly/status/1598021488795586561 https://twitter.com/DavidSacks/status/1598076726671642624 https://twitter.com/DavidSacks/status/1598363968547876864
Chapters
Two friends discuss the effects of a holiday party, including drinking a White Russian with oat milk and feeling tired and unshaven the next day.
00:00 - 00:41 (00:41)
Summary
Two friends discuss the effects of a holiday party, including drinking a White Russian with oat milk and feeling tired and unshaven the next day.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses the tactics used by fraudulent businessmen to change public perception in their favor and how they incriminate themselves in the process.
00:41 - 06:54 (06:12)
Summary
The podcast discusses the tactics used by fraudulent businessmen to change public perception in their favor and how they incriminate themselves in the process.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The mainstream media often doubles down rather than acknowledging their mistakes, and they aim to control the narrative in order to control power.
06:54 - 13:01 (06:07)
Summary
The mainstream media often doubles down rather than acknowledging their mistakes, and they aim to control the narrative in order to control power. The media missed the tone of the country during the last election and did not accurately represent the views of the people.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The compliance officer involved in the ultimate bet poker cheating scandal was a League of Legends expert who played on multiple monitors, dabbled in cryptocurrency and used speed.
13:01 - 17:17 (04:16)
Summary
The compliance officer involved in the ultimate bet poker cheating scandal was a League of Legends expert who played on multiple monitors, dabbled in cryptocurrency and used speed.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A discussion on how having “woke” credentials and social justice awareness can grant someone a free pass in the professional world, allowing them to bypass conventional requirements and expect special treatment even when underperforming.
17:17 - 22:33 (05:15)
Summary
A discussion on how having “woke” credentials and social justice awareness can grant someone a free pass in the professional world, allowing them to bypass conventional requirements and expect special treatment even when underperforming.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The lack of oversight in cryptocurrency regulation has allowed individuals to easily manipulate the system to serve their own interests, as seen in the recent investigation of Sam Bankman-Fried and Alameda.
22:33 - 26:27 (03:54)
Summary
The lack of oversight in cryptocurrency regulation has allowed individuals to easily manipulate the system to serve their own interests, as seen in the recent investigation of Sam Bankman-Fried and Alameda.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Jason Calacanis defends his investment in FTX and its CEO Sam Bankman-Fried, criticizing the portrayal of them as "nefarious bad actors" and clarifying that FTX was bought off the cap table with a loan.
26:27 - 29:04 (02:37)
Summary
Jason Calacanis defends his investment in FTX and its CEO Sam Bankman-Fried, criticizing the portrayal of them as "nefarious bad actors" and clarifying that FTX was bought off the cap table with a loan.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The concept of margin accounts and securities lending are explained as Sam Bankman-Fried discusses the siphoning of customer money for personal use through the use of Alameda's margin account.
29:04 - 33:56 (04:52)
Summary
The concept of margin accounts and securities lending are explained as Sam Bankman-Fried discusses the siphoning of customer money for personal use through the use of Alameda's margin account.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This episode discusses margin accounts and the recent controversy surrounding FTX's mismanagement of their margin accounts, leading to losses for some customers.
33:56 - 40:36 (06:39)
Summary
This episode discusses margin accounts and the recent controversy surrounding FTX's mismanagement of their margin accounts, leading to losses for some customers.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The responsibility should be equally placed on investors and governance for not taking a blood test to prove Theranos didn't work, rather than merely on regulators and the media to expose the truth post-scandal.
40:36 - 43:41 (03:05)
Summary
The responsibility should be equally placed on investors and governance for not taking a blood test to prove Theranos didn't work, rather than merely on regulators and the media to expose the truth post-scandal.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A recent Twitter Spaces discussion proved to be more effective in holding individuals accountable than traditional journalism.
43:43 - 46:26 (02:43)
Summary
A recent Twitter Spaces discussion proved to be more effective in holding individuals accountable than traditional journalism. The lack of accountability among major media outlets is highlighted as they often demand apologies but fail to hold themselves to the same standard.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Independent voices whether in substacks, podcasts, or call-in shows are now what consumers are seeking out as they can sense bias in mainstream media.
46:26 - 52:26 (06:00)
Summary
Independent voices whether in substacks, podcasts, or call-in shows are now what consumers are seeking out as they can sense bias in mainstream media.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker gives a nuanced perspective on the US narrative around revolution and the importance of H1B visas while also acknowledging the need for border control in immigration.
52:26 - 56:57 (04:30)
Summary
The speaker gives a nuanced perspective on the US narrative around revolution and the importance of H1B visas while also acknowledging the need for border control in immigration.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this podcast, the speakers discuss their political views and how they see the future.
56:57 - 1:02:16 (05:19)
Summary
In this podcast, the speakers discuss their political views and how they see the future. They debate on topics ranging from democracy to the banning of abortions, with one of them making predictions of riots and a recession to come.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The real estate industry in China is now able to issue secondary stock sales, indicating that there is responsiveness to changing circumstances like the release of lockdowns in Guangzhou and Beijing.
1:02:16 - 1:08:24 (06:07)
Summary
The real estate industry in China is now able to issue secondary stock sales, indicating that there is responsiveness to changing circumstances like the release of lockdowns in Guangzhou and Beijing. Amid ongoing protests, a clear understanding of their substance and demands is elusive if consuming only US media.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this episode, the host argues in favor of a mask mandate as an alternative to lockdowns and challenges the notion that health experts have disavowed this policy.
1:08:24 - 1:10:25 (02:01)
Summary
In this episode, the host argues in favor of a mask mandate as an alternative to lockdowns and challenges the notion that health experts have disavowed this policy.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
GPT-3.5 is an interim model towards the highly anticipated GPT-4.0 model that has been in development for some time now.
1:10:25 - 1:16:00 (05:34)
Summary
GPT-3.5 is an interim model towards the highly anticipated GPT-4.0 model that has been in development for some time now. Trained in three steps with human involvement in tagging, this model has the potential to replace many human knowledge worker roles and functions.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The debate on the efficiency of Google and GPT in processing natural language continues, with the challenge of differentiating between words with multiple meanings like "your" and "you're".
1:16:00 - 1:21:58 (05:58)
Summary
The debate on the efficiency of Google and GPT in processing natural language continues, with the challenge of differentiating between words with multiple meanings like "your" and "you're". Google's one box relies on structured data to provide highly certain answers to specific questions upfront in search results.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A multimodal AI model that combines video, voice, and text data could be the next big leap in artificial intelligence and help solve real-world problems.
1:21:58 - 1:27:11 (05:13)
Summary
A multimodal AI model that combines video, voice, and text data could be the next big leap in artificial intelligence and help solve real-world problems. While it may have some limitations, it has the potential to significantly improve various industries, such as expense management or forecasting.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The tailwind of SaaS startups has been that every year, you start with more revenue from your existing customers.
1:27:11 - 1:30:57 (03:45)
Summary
The tailwind of SaaS startups has been that every year, you start with more revenue from your existing customers. 2X is the new 3X, and seat contraction may become the norm, exploding CAC payback.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A discussion on the impact of AI on businesses and different sectors, including its potential to revolutionize healthcare and the importance of incorporating unique features to stand out in a crowded market.
1:30:57 - 1:40:03 (09:06)
Summary
A discussion on the impact of AI on businesses and different sectors, including its potential to revolutionize healthcare and the importance of incorporating unique features to stand out in a crowded market.
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This podcast talks about how machine learning and chat APIs, like GPT-3, can be used to analyze gut biome related data, particularly in the context of analyzing people's guts for products like super gut.
1:40:03 - 1:41:55 (01:51)
Summary
This podcast talks about how machine learning and chat APIs, like GPT-3, can be used to analyze gut biome related data, particularly in the context of analyzing people's guts for products like super gut.