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David Sacks

๐Ÿ‘ค Speaker
17477 total appearances
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Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

Well, I was going to say for the employers, I can say it's very acute to insert yourself into the relationship with your employees because employees will not leave one company

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

They'll pick the company they work for based on the healthcare, and they will not leave a company to pursue a better opportunity in order to keep their healthcare, which is dysfunctional because you want talent to move.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

That's a uniquely Silicon Valley entrepreneurial way to look at it.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

you have to remove the incentives to stay here free housing free food free health care of course you're going to stay show me an incentive i'll show you the outcome if you look at the war on drugs how unsuccessful it's been people go to san francisco for a reason for their fentanyl because they can buy it and there's no policing and it is exactly a function of more policing means the price of those drugs go up which means consumption goes down

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

Not only is there that dynamic missing in San Francisco because there's no enforcement and you can get fentanyl for $5 or $10 a hit, they also give you housing at $800 or something to that effect per month.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

So the homeless industrial complex has now created an incentive and everybody in that really tragic junkie community knows that and they leave Texas.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

They leave other states to go there and then they bear the brunt of it.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

And they are actually increasing the suffering.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

What's your take on these new super drugs versus the rescheduling of drugs?

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

Obama wanted to do it in his second term.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

He didn't have the political willpower or will to do it.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

And Trump now is saying, hey, maybe for cannabis, we should rethink that and do what Canada has done and other modern nations.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

How do you look at those specific drugs, fentanyl,

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

nine or 12 overdoses a day in San Francisco at the peak.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

And then methamphetamine, which is just another scourge.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

Oh, this is where they have that other super drug.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

I forgot the name of it.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

It's very pernicious.

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

Trank?

All-In with Chamath, Jason, Sacks & Friedberg
Healthcare Needs Builders, Not Bureaucrats: Dr. Mehmet Oz Live from Davos

And if you were to take a Christian view of it and you were to talk to any of the parents, these poor parents who are suffering with a child addicted to drugs and their adult child is on the street and you said to them, we can arrest them and put them in jail.