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David Friedberg

๐Ÿ‘ค Speaker
6361 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

And if he comes back, how are you going to give him influence and control?

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

This is the same question that recently came up in Venezuela.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

There is a very large infrastructure that needs to be overseen of government agencies.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

And, you know, you can't bring an outsider in and just plug them right in to take over everything.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

It's a very difficult transition.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

And that's when things fall apart, when people steal stuff, when...

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

things get turned off.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

So how do you maintain kind of the core functioning of society without breaking it by bringing someone new from the outside?

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

That's where this gets very messy.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

So I don't know what's ahead.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

Well, we got a lot of water.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

It just goes around in a circle.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

So I don't think that's an issue.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

Amazing.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

Well, here's the, let me give you the math.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

So we consume in this country about 4 trillion kilowatt hours of electricity.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

Average price is 18 cents a kilowatt hour.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

So it's about, call it $750 billion of spend on electricity every year.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

One third of that, 250 billion, is residential consumption.

All-In with Chamath, Jason, Sacks & Friedberg
Iran's Breaking Point, Trump's Greenland Acquisition, Solving Energy Costs, Billionaire Tax Backlash

Two thirds of that, 500 billion, is industrial and commercial consumption.