Episode
E13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
1:21:34
Published: Wed Nov 25 2020
Description
Follow the crew: 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 Referenced in the show: NYT Article - Politics, Science and the Remarkable Race for a Coronavirus Vaccine https://www.nytimes.com/2020/11/21/us/politics/coronavirus-vaccine.html Show Notes: 0:00 Besties congratulate Friedberg & Chamath for taking Metromile public, Chamath explains a PIPE, Sacks & Jason express their discontent for being left out of the first bestie SPAC 10:59 More positive vaccine news, NYT article on Operation Warp Speed: did the Trump administration nail it? 21:50 How will the COVID experience impact the response to the next pandemic? Morality of challenge trials, hypocrisy of regulatory capture around gambling, drug use, pharma, etc. 35:25 Why innovation has occurred so rapidly on the Internet: Permissionless innovation & lack of regulators, regulation vs. innovation 47:07 Thoughts on ISAs & how they could disrupt overpriced higher education, Dave Chappelle's contract with Comedy Central 59:58 Trump accepts defeat (sort of), Biden's cabinet selections so far 1:06:29 What the besties are thankful for 1:14:50 Peace in the Middle East being achieved by declining reliance on oil, based on resume alone - would Trump have won if not for his antics? 1:21:01 Code 13!
Chapters
The auto insurance industry is undergoing changes through the use of telematics, allowing for the innovation of paying insurance per mile rather than a set period of time.
00:00 - 02:05 (02:05)
Summary
The auto insurance industry is undergoing changes through the use of telematics, allowing for the innovation of paying insurance per mile rather than a set period of time.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The variance in risk for insurance companies in an autonomous vehicle world comes from how many miles you drive, which is what companies should be billing on instead of a flat rate.
02:05 - 05:30 (03:25)
Summary
The variance in risk for insurance companies in an autonomous vehicle world comes from how many miles you drive, which is what companies should be billing on instead of a flat rate.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this episode, the hosts discuss the increasing trend of startups filing to go public and the potential drawbacks for investors who have made multiple investments.
05:30 - 10:14 (04:43)
Summary
In this episode, the hosts discuss the increasing trend of startups filing to go public and the potential drawbacks for investors who have made multiple investments. They also emphasize the importance of taking calculated risks on top of large amounts of real-world data.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Estimates suggest that up to 30% of the U.S. population may have already been infected with COVID-19, potentially contributing towards achieving herd immunity.
10:14 - 15:39 (05:25)
Summary
Estimates suggest that up to 30% of the U.S. population may have already been infected with COVID-19, potentially contributing towards achieving herd immunity.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The slow inclusion of minorities in the Moderna vaccine trials is ironic since these are the communities that have suffered more from the pandemic.
15:39 - 22:04 (06:25)
Summary
The slow inclusion of minorities in the Moderna vaccine trials is ironic since these are the communities that have suffered more from the pandemic. The Trump administration's decision to slow down the trials to include more minorities reflects positively on them despite being accused of white supremacy in the past.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The mRNA vaccination method provides a more consistent way of making protein and helps the body develop a stronger immune response without overwhelming the immune cells.
22:04 - 25:52 (03:47)
Summary
The mRNA vaccination method provides a more consistent way of making protein and helps the body develop a stronger immune response without overwhelming the immune cells. In contrast, traditional vaccination methods involve a three-phase trial by giving the vaccine to people and waiting to see how many get infected.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this podcast episode, the host discusses the controversy around individuals being allowed to take risks with drugs and participate in thoughtful trials backed by scientific research, despite not being qualified to understand the risk.
25:52 - 35:20 (09:28)
Summary
In this podcast episode, the host discusses the controversy around individuals being allowed to take risks with drugs and participate in thoughtful trials backed by scientific research, despite not being qualified to understand the risk.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The US needs a massive rewrite of the regulatory infrastructure to account for technology and make industries more resilient and entrepreneurial.
35:21 - 40:12 (04:51)
Summary
The US needs a massive rewrite of the regulatory infrastructure to account for technology and make industries more resilient and entrepreneurial. Regulatory capture and lobbyists need to be replaced by laws that make sense.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The current structure for getting necessary approvals can be a significant hurdle for people from poorer backgrounds who want to start a business, for example as a hairdresser, with the fees and regulations being too excessive for those who do not have the financial means to pay for it.
40:12 - 49:13 (09:01)
Summary
The current structure for getting necessary approvals can be a significant hurdle for people from poorer backgrounds who want to start a business, for example as a hairdresser, with the fees and regulations being too excessive for those who do not have the financial means to pay for it.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The debate on the need for a regulatory framework to prevent individuals from losing their money investing in unstable companies is discussed.
49:13 - 56:36 (07:22)
Summary
The debate on the need for a regulatory framework to prevent individuals from losing their money investing in unstable companies is discussed. The speaker argues for protecting consumers from being tricked by companies while also acknowledging the need for freedom of choice.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In the podcast, the speaker discusses the concept of funding education through Income Share Agreements (ISAs), where investors fund education in exchange for a percentage of future earnings, instead of traditional student loans.
56:36 - 59:55 (03:19)
Summary
In the podcast, the speaker discusses the concept of funding education through Income Share Agreements (ISAs), where investors fund education in exchange for a percentage of future earnings, instead of traditional student loans. They highlight the potential benefits of ISAs and how it is an innovative solution that does not require government intervention.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this podcast, the host discusses the possibility of Trump maintaining the idea that he was robbed of the election win by stating that if the pharma companies had released news of their successful vaccines a week earlier, it could have changed the outcome of the election for him.
59:55 - 1:03:55 (03:59)
Summary
In this podcast, the host discusses the possibility of Trump maintaining the idea that he was robbed of the election win by stating that if the pharma companies had released news of their successful vaccines a week earlier, it could have changed the outcome of the election for him.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker predicts a strong economic rebound in 2021 due to the development of vaccines for COVID-19, and expresses optimism about the appointment of a new chief of staff.
1:03:55 - 1:08:53 (04:58)
Summary
The speaker predicts a strong economic rebound in 2021 due to the development of vaccines for COVID-19, and expresses optimism about the appointment of a new chief of staff.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The cost of renewable energy resources makes pulling oil out of the ground financially unsustainable within a few years.
1:08:53 - 1:17:07 (08:13)
Summary
The cost of renewable energy resources makes pulling oil out of the ground financially unsustainable within a few years. Despite the severity of COVID-19, the market is expected to improve quickly with the development and distribution of vaccines.
EpisodeE13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Ankur Jain shares his thoughts on the state of democracy and the progressive movement, including the importance of understanding and connecting with the average person's experience, and how a more authentic and relatable political leader may be the key to driving progressive change.
1:17:07 - 1:21:28 (04:21)
Summary
Ankur Jain shares his thoughts on the state of democracy and the progressive movement, including the importance of understanding and connecting with the average person's experience, and how a more authentic and relatable political leader may be the key to driving progressive change.