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Friedberg

๐Ÿ‘ค Speaker
1955 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

So I don't believe in this idea of UBI and some utopian world where everyone's happy not working and letting machines do everything for them. I think that the fundamental sense of a human is to find purpose and to realize that purpose, to drive themselves forward and progress themselves. And I think that that's always gonna be the case.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

And I think, by the way, it's really important to state that UBI can be more of a trap than a benefit. It takes away the opportunity for individuals to progress. Because you no longer have a system that says you progress, you get richly rewarded. It ultimately drives to an outcome where you spend all the money and distribute it equally so everyone ends up having some sort of stasis.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

And I think, by the way, it's really important to state that UBI can be more of a trap than a benefit. It takes away the opportunity for individuals to progress. Because you no longer have a system that says you progress, you get richly rewarded. It ultimately drives to an outcome where you spend all the money and distribute it equally so everyone ends up having some sort of stasis.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

And I don't think that that's really human nature. I do think that systems and government programs that support people's ability to succeed, to work hard, to work smart, to progress while providing these necessary safety nets is a better solution. There's no right or wrong way. It's a very complicated system that's needed.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

And I don't think that that's really human nature. I do think that systems and government programs that support people's ability to succeed, to work hard, to work smart, to progress while providing these necessary safety nets is a better solution. There's no right or wrong way. It's a very complicated system that's needed.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

And I don't think that this like this UBI concept, it's fairly naive. And I think that you'll see it play out at both a micro and a macro scale as being, I think, net net negative.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

And I don't think that this like this UBI concept, it's fairly naive. And I think that you'll see it play out at both a micro and a macro scale as being, I think, net net negative.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

I feel like whatever the education system is, schools or whatever, like actually teaching the vocational skills or the skills on how to succeed in the workplace. Like here's how you go get a job. Here's how you build a business.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

I feel like whatever the education system is, schools or whatever, like actually teaching the vocational skills or the skills on how to succeed in the workplace. Like here's how you go get a job. Here's how you build a business.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

Those are the sorts of skills that are not taught in the educational system that I think are generally lacking. And then people kind of learn a bunch of history or some algebra or whatever they learn in school. And they pop out the other end and it's like, okay, go figure out how to survive. Go figure out how to get a job. Go figure out how to build a business.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

Those are the sorts of skills that are not taught in the educational system that I think are generally lacking. And then people kind of learn a bunch of history or some algebra or whatever they learn in school. And they pop out the other end and it's like, okay, go figure out how to survive. Go figure out how to get a job. Go figure out how to build a business.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

But that is what they did with the Disney deal. They took the cash and they distributed it to the kids. So they each got a pretty big windfall. And then I think the concept was this remaining asset would be managed over the long term. Maybe I'm speaking out of school a bit, but I thought that's what happened there.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

But that is what they did with the Disney deal. They took the cash and they distributed it to the kids. So they each got a pretty big windfall. And then I think the concept was this remaining asset would be managed over the long term. Maybe I'm speaking out of school a bit, but I thought that's what happened there.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

I think we talked about that last week, but the Kamala Harris de facto nomination that took place over 48 hours, I think was a little bit shocking to a lot of people I've spoken with that there wasn't a bit more of a process to identify a nominee besides Kamala that effectively the party lined up. Now, what I think is

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

I think we talked about that last week, but the Kamala Harris de facto nomination that took place over 48 hours, I think was a little bit shocking to a lot of people I've spoken with that there wasn't a bit more of a process to identify a nominee besides Kamala that effectively the party lined up. Now, what I think is

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

is relevant here is that for the first time, it's exposing people to the way the electoral process actually works in the United States, that it's not a direct democracy where every individual in this country votes for their federally elected people. Remember, the United States was set up as a federated republic.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

is relevant here is that for the first time, it's exposing people to the way the electoral process actually works in the United States, that it's not a direct democracy where every individual in this country votes for their federally elected people. Remember, the United States was set up as a federated republic.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

that there was meant to be these states, the states were in a federation, and then the states would elect electors that would go and figure out who should be the president, who should run the federal office, and the states would elect their representatives, their congresspeople, to go represent them in the federal government.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

that there was meant to be these states, the states were in a federation, and then the states would elect electors that would go and figure out who should be the president, who should run the federal office, and the states would elect their representatives, their congresspeople, to go represent them in the federal government.

All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

And so I think a lot of people, you know, whether it's just without thinking about it, or based on precedent, assume I get a vote and who gets to be president. What you get to have is a vote and who gets to be the delegate to represent your state in picking the president.