All-In with Chamath, Jason, Sacks & Friedberg
DOJ targets Nvidia, Meme stock comeback, Trump fundraiser in SF, Apple/OpenAI, Texas stock market
Fri, 07 Jun 2024
(0:00) Besties intros! (2:10) Responding to recent media coverage (17:58) DOJ/FTC strike deal to target Nvidia, OpenAI, and Microsoft (32:40) Meme stocks are back: Keith Gill aka Roaring Kitty resurfaces, disclosing nine figure position in GameStop (58:36) Citadel and BlackRock back TXSE to take on NYSE and Nasdaq (1:02:34) Apple to announce OpenAI iPhone deal at WWDC (1:09:07) Science Corner: Alarming ocean temps continue, what to expect for hurricane season Follow the besties: https://twitter.com/chamath https://twitter.com/Jason https://twitter.com/DavidSacks https://twitter.com/friedberg Follow on X: https://twitter.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@all_in_tok Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.youtube.com/watch?v=dQQhAg0mfF8 https://x.com/vkhosla/status/1769529054955446533 https://x.com/vkhosla/status/1796293773389127987 https://x.com/shaunmmaguire/status/1796415146077954329 https://x.com/DavidSacks/status/1798100723617698097 https://x.com/SawyerMerritt/status/1798779830521000426 https://www.nytimes.com/2024/06/05/technology/nvidia-microsoft-openai-antitrust-doj-ftc.html https://www.wsj.com/tech/ai/ftc-opens-antitrust-probe-of-microsoft-ai-deal-29b5169a https://companiesmarketcap.com https://www.youtube.com/watch?v=F9cO3-MLHOM https://www.politico.com/news/2024/05/29/newsom-california-artifical-intelligence-regulations-00160519 https://www.reddit.com/user/DeepFuckingValue https://www.wsj.com/finance/regulation/e-trade-considers-kicking-meme-stock-leader-keith-gill-off-platform-f2003ec4 https://x.com/TheRoaringKitty/status/1789807772542067105 https://www.google.com/finance/quote/GME:NYSE https://www.youtube.com/watch?v=M-VO6dtFRes https://www.wsj.com/finance/regulation/keith-gills-gamestop-trades-pose-conundrum-for-market-cops-70cc5301 https://www.macrotrends.net/stocks/charts/GME/gamestop/revenue https://www.wsj.com/finance/stocks/gamestop-burned-andrew-left-in-2021-hes-betting-against-the-stock-again-4377cecb https://www.nytimes.com/2022/05/18/business/melvin-capital-gamestop-short.html https://www.instagram.com/tim.naki/reels https://www.wsj.com/finance/regulation/new-texas-stock-exchange-takes-aim-at-new-yorks-dominance-e3b4d9ba https://listingcenter.nasdaq.com/assets/Board%20Diversity%20Disclosure%20Five%20Things.pdf https://www.bloomberg.com/news/articles/2024-06-05/why-is-apple-aapl-teaming-up-with-openai-both-companies-need-each-other https://x.com/leonsimons8/status/1793319395080520036
Full Episode
All right, everybody, welcome to the world's greatest podcast. With me again today. The world's number one podcast. Yes, the world's number one podcast. We came in eighth last week, I think, for those of you looking at the iTunes rankings, which is absurd. We've only got to beat Ben Shapiro. Number eight across all of Apple? Something like that.
Yeah, whatever their top episodes are on the weekends. Well, that means we crushed on Spotify then.
Probably, yeah, I would guess. I don't know all the rankings, but... And I guess on YouTube, we got labeled with some COVID thingamajig. I mean, what is going on at YouTube? What a joke.
Like, literally, you're labeling COVID at this point? I mean... What a joke. Oh, my Lord. So... I guess we have to, at the top of the show, talk about the fundraiser. And I guess this, like, Vinod Khosla came in hot this week and attacked the besties. Let's play the clip.
What is your sense of the shifting winds in the valley around politics? I think for a very long time, the valley was seen as sort of a liberal bastion. But, you know, if you listen to Elon Musk or you listen to All In podcast and that gang and others, it seems to be shifting potentially towards former President Trump.
Is that just a small pocket or do you think that that's a real shift in terms of the way the valley is thinking politically?
The first thing I would say is All In Podcast and some of the supporters there are not based in the Valley. I would say there's a bunch of MAGA extremists in every part of society. And I hope we can prevent them from destroying democracy, which is probably the most important issue we face.
All right, Snacks. Why are you destroying democracy?
Now, that's a good bit, Jacob. That's good.
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