Bernie Sanders: Stop All AI, China's EUV Breakthrough, Inflation Down, Golden Age in 2026?

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All-In with Chamath, Jason, Sacks & Friedberg 1h 30m 4 speakers 8 chapters transcribed
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What are Bernie Sanders' views on AI and data centers?

Unknown 0:00
All right, everybody. Welcome back to your favorite podcast, the number one podcast, in fact, in the entire universe, the all in podcast with your besties. We're all here. It's the original quartet. Everybody loves when the core four are here and we have a docket for you today. Guys, we got to start out with Bernie Sanders. I know this is becoming a bit repetitive, but AI is the topic. We reached a new level of retardation this week that we cannot avoid. Bernie Sanders has a major decel pitch, a moratorium on new AI data centers. Here's his argument. Number one, the billionaires are pushing AI because they want more money and power. Number two, it's going to be massive unemployment. And he cites Gates, Stario, Elon, saying that AI would replace most jobs.
Unknown 0:53
Number three, He has an interesting point, actually. AI is harmful to kids because it decreases social interaction. Actually, we kind of agree with that one, I think, across the board.

How is AI sentiment influenced by special interests?

Unknown 1:03
But here's his pitch, Sax.
David Sacks 1:05
Speak for yourself.
Unknown 1:06
You want your kids using these chatbots?
David Sacks 1:09
No, I've talked to my kids about it. Oh, okay. We'll get into it. We can get into it, but I've talked to them about it. Look, if you actually look at the data, if you look at what kids are doing, it's so much more interactive and engaging for them to talk to their friends on Snap or to watch videos on TikTok. Those things are super engaging. Whereas doing research on an AI chatbot is just, it's way less engaging. And you see this in the data. So I'm not saying there's not an issue there. You want to pay attention to the way that these technologies are shaping the minds of young kids. But I think people get a little bit confused. What they're really talking about is social media.

Are we entering a 'Golden Age' economically?

David Sacks 1:44
And then they attribute all the ills of social media over to these new AI chat apps. And they are a little different. You know, when I asked my kids, like, How much do you use these things? Are they addictive? They said, no, they're more just really useful. It's like Google. It's like I couldn't do school without it.
Unknown 2:05
Yeah, there's two pieces here. One, using AI to be smarter and to learn stuff and ask questions. Absolutely fantastic. Phenomenal. I think we'll all agree on that. There is, and I don't know if this is actually what he was referencing, but there's character AI in a long tail of spicy chats where people, we talked about getting one-shotted and these parasocial relationships. That's, I think, what he's referring to, but maybe I'm reading it wrong. But let's get into it here. His pitch is, is that we need to slow down so that, quote, democracy can catch up and that Congress should put a moratorium on new data centers. That's his solution. He got roasted, obviously, on social media for this. It's the most absurd, I think, solution to what are valid concerns.
Unknown 2:54
Friend of the pod, Ro Khanna, who represents Silicon Valley, he I guess, supported a bit. And then he replied to me and says his concerns are not as acute and that he just wants to make sure we use renewable energy, which I guess is, you know, a fine position to have. Polymarket put up a little market here. AI data center moratorium passed before 2027. Yeah, we'll see if that comes true or not.

What is the significance of China's breakthrough in AI lithography?

Unknown 3:19
But hey, Saks, you are our SGE. Saks, our SGE, this is your time to shine. You have framed the AI debate as we can't lose to China. Bernie framed it as not letting the billionaire class get more power and money by eliminating American jobs. And last week on this very program, Tucker framed it as what are Americans going to get out of this, right? That was the framing, you know, as of December of 2025. So here's your chance, Sax. Why should Americans who have some concerns about losing their jobs care about beating China? Why should they care about that, Sax?
David Sacks 3:56
Why should they care about beating China? Because AI is a profound technology. It's going to have huge economic and national security implications. And the thing that Bernie gets wrong is that he can't stop the progress. I mean, he can't stop China from making progress. We can stop progress in the U.S., but it's not going to stop China from advancing these technologies.

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