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🚨J-Cal on the Broken American Dream: “Boomers have absolutely f'd these couple of generations.”
All-In Podcast· 2025-08-17 12:20
Economic Challenges - Housing costs have significantly increased relative to income, posing affordability issues [1] - Student loan debt of $100,000 presents a substantial financial burden for young individuals [1] - Real wage growth has stagnated, except for high-income earners [1] - Low wages combined with high debt levels hinder the ability of younger generations to achieve the American dream [4] Political & Social Implications - The issue of real wage growth is expected to be a key topic in the next election cycle [2] - There is a growing disparity between top earners and minimum wage in the United States compared to other developed countries [3] - Slow job gains were observed in New York City during the first half of 2025 [3] Generational Impact - Previous generations have negatively impacted younger generations due to rising costs of homes and education [1] - Young people are facing difficulties in the job market [4]
David Friedberg: “ I believe 100% in ending the federal student loan program.”
All-In Podcast· 2025-08-16 18:13
What do you do with the mortgage market. God, it's so difficult. I don't know.Do you just basically privatize Freddy and Fanny and let them underwrite. I 100% think you got to privatize Freddy and Fanny as a first step. And then you have to stop underwriting student debt so that you don't underwrite the $200,000 degrees.I believe 100% in ending the federal student loan program. And I think that it will force a restructuring of the entire education system, higher education system in the United States, which ...
🚨Chamath on Student Debt: The framing for an entire generation was probably wrong.
All-In Podcast· 2025-08-15 21:44
Education & Career Trends - A generation was strongly encouraged to pursue university education, often incurring significant debt [1] - The rationale was that technology would automate trade jobs, making university degrees a safer option [2] - However, the opposite has occurred, with skilled trades like electricians and plumbers becoming highly lucrative [2] - Trade professionals can earn $200,000 annually, potentially reaching a combined household income of $400,000 with no debt [3] - A debt-free $400,000 income may be preferable to a doctor's $1 million income burdened by debt [3] - Many graduates are saddled with $300,000 in debt and struggle to repay it [4] - The perception of job security may be flawed, with engineers potentially facing greater automation risks than welders and plumbers in the short term [4]
AI Psychosis, America's Broken Social Fabric, Trump Takes Over DC Police, Is VC Broken?
All-In Podcast· 2025-08-15 20:12
(0:00) Bestie intros! (4:45) AI Psychosis: what it looks like and why it's happening (20:13) Why the social fabric in America is breaking down (35:55) Fixing the incentives that created the student debt crisis (48:52) Trump takes federal control of DC police (1:05:39) Venture Capital: is it broken and what it will look like in the future? Join us at the All-In Summit: https://allin.com/summit Summit scholarship application: http://bit.ly/4kyZqFJ Get The Besties All-In Tequila: https://tequila.allin.com Foll ...
🚨 All-In Summit Speaker Announcement: Alex Karp
All-In Podcast· 2025-08-15 02:05
Sometimes traditional stock analysis just let you down. That's how I feel about the stock of Pounder. A billion dollars in quarterly revenue for the first time ever.The stock has just ripped. They have delivered here beyond the expectation. And the expectations were obviously remarkably high.Carb's the kind of guy who kicks you, you know what, and then he gets in your face afterwards and he tells you that he just did that. >> As usual, I've been cautioned to be a little modest about our bombastic numbers. I ...
"It Feels Like Apple Is Trying To Lose" - Gavin Baker
All-In Podcast· 2025-08-14 15:01
Apple has bought back, let this sink in, $700 billion worth of shares over the past decade. And the most innovative product in my mind that they've released in that time are AirPods, maybe their M4 chips, this user uh on Twitter, Charlie Blo, oh, you know him. Uh he tweeted this crazy chart here.We'll pull it up. Here it is. Uh, Apple buyback start.Apple shares outstanding. You get the picture. They've bought back almost a trillion dollar.Let that sink in. A trillion dollars. It's at 700 billion now. And it ...
🚨 All-In Summit Speaker Announcement: Demis Hassabis
All-In Podcast· 2025-08-13 19:20
a genius who may hold the cards of our future. >> CEO of Google DeepMind, which is the engine of the company's artificial intelligence. >> After his Nobel and a nighthood from King Charles, he became a pioneer of artificial intelligence.>> We were the first ones to start doing it seriously in the modern era. Alph Go was the big watershed moment, I think, not just for Deep Mind at my company, but for AI in general. AI is an amazing technology because it can be applied to almost anything.This was always my ai ...
Should The U.S. Centralize Power To Compete Globally? - Ben Shapiro
All-In Podcast· 2025-08-13 16:00
question for you. We've seen a centralization of authority in the federal government and we're sitting here talking about, hey, central government plus capitalism doesn't work as well as rule of law. Do you worry sometimes, hey, Biden wanted to use executive orders to do the student loan thing and you know, Trump obviously has taken tariffs and there's a big question, maybe the tariffs are, my understanding is they're supposed to reside with Congress and there's a lawsuit about that.Maybe that goes back to ...
"Socialism Will Sweep Over This Nation, I Fear" - David Friedberg
All-In Podcast· 2025-08-12 19:06
Economic Concerns & Political Landscape - Public dissatisfaction stems from government overspending and concerns about Medicare/Medicaid cuts [1][2] - Wage stagnation and increased costs of living, including groceries and rent, are widely felt [3][4] - There's a concern that nearly half of Americans are directly or indirectly employed by the government, leading to inefficient capital allocation and inflation [4] - Potential for a socialist movement is feared, especially if economic conditions worsen, making promises of "free" services appealing [2][6][7] Energy & Subsidies - Solar energy has seen hyperbolic growth and cost reduction due to incentives [4] - Removing incentives can lead to a decrease in energy generation [4] - Subsidies for solar and wind may have disincentivized investment in nuclear technology, hindering the US from catching up in Gen 4 reactor development [5] - Bureaucracy and regulation are significant obstacles for nuclear power development, not just cost per kilowatt hour [4] - Private sector investment in small modular reactors (SMRs) was catalyzed by hyperscalers' demand and government efforts to reduce bureaucracy [5] Policy & Market Impact - Government policies providing economic support can create a snowball effect, with failures leading to calls for more government intervention [11][12][13] - Potential policy failures could lead to increased taxation and regulatory burdens [13] - The public's trust in leadership and the current economic situation influences their willingness to accept government control and redistribution [5][6]
"This is the first time that OpenAI has released a new model that was not decisively the best."
All-In Podcast· 2025-08-12 18:35
Sammy the Bull Altman dropped GPT5. It was a bit underwhelming. Sam did this tweet.It kind of built a lot of expectation that this would be like otherworldly. It wasn't. Are we hitting like either the trrow of despair or maybe diminishing returns in the LLM space where maybe it's feeling incremental, not groundbreaking when we release these iterations.Maybe for OpenAI, this is the first time that, you know, OpenAI has released a new model that was not decisively the best. In all fairness to OpenAI, the the ...