Chamath Palihapitiya
👤 SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
This is a private company.
Yeah.
But your point is, look, when no one is minding the store, bad things are going to happen.
And when no one has minded the store for decades and the government's paying for it, you don't even have that private sector profit motive to basically be efficient.
Then think about how the fraud just metastasizes.
It's got to be 20, 30 percent.
Hundreds of billions.
All it took was a YouTuber with a video camera to actually show up.
Yeah.
At the Minnesota daycare centers that were receiving millions.
The Learing Center.
Yeah.
The Learing Center.
They're all empty.
Yeah.
Dozens of them.
Each one's receiving millions of dollars.
Yeah.
And that's one program in one state.
And these aren't low-lifes doing this.