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All-In with Chamath, Jason, Sacks & Friedberg

Eric Schmidt on AI, the Battle with China, and the Future of America

24 Sep 2025

Transcription

Chapter 1: Who is Eric Schmidt and what are his insights?

2.174 - 9.182 Eric Schmidt

I honestly believe that the AI revolution is under-hyped. Now, why is this all important?

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Chapter 2: What are Eric Schmidt's views on remote work and work-life balance?

9.662 - 12.466 Eric Schmidt

Eric Schmidt is here. He's the former Google executive chairman and CEO.

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Chapter 3: How does the US approach AI compared to China?

12.686 - 29.785 Eric Schmidt

These agents are going to be really powerful, and they'll start to work together. We're soon going to be able to have computers running on their own, deciding what they want to do. Now we have the arrival of a new non-human intelligence, which is likely to have better reasoning skills than humans can have.

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29.832 - 35.811 Jason Calacanis

So if you were emperor of the world for one hour... The most important thing I'd do is make sure that the West wins.

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Chapter 4: What challenges does America face in the battle for AI supremacy?

36.934 - 41.749 Jason Calacanis

Ladies and gentlemen, please welcome Eric Schmidt.

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48.665 - 60.44 Unknown

Good to see you. Good to see you. You're looking svelte, Eric. You're looking svelte. Very nice. Oh, my God, David. Good to see you. David Sachs is here as well.

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Chapter 5: What is the future role of America in a declining West?

60.58 - 64.566 Eric Schmidt

It's like a reunion of all of our former companies, David.

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64.586 - 69.492 David Sacks

Why did you quit after all? Yes. My old boss.

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Chapter 6: Is AGI a boom or bust for the future?

69.472 - 74.538 Jason Calacanis

What was it like working with young Friedberg? Take us back, Eric.

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74.598 - 83.768 David Sacks

Can I tell a story? We have to come down to Orange County, and they're like, hey, we're going to take the plane. And it was Eric's plane. We get on the plane, and then he goes up and flies the plane.

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Chapter 7: What are the implications of drone technology in modern warfare?

83.788 - 91.777 David Sacks

I'm in the back of the plane by myself. Was it King Air? I'm like, the CEO of Google is flying me down to Orange County. It was incredible. That was my first time actually hanging out with Eric.

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91.877 - 98.685 Eric Schmidt

It was my Gulfstream. That's right. He was way too smart. Way too smart. Way too smart.

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Chapter 8: How can America maintain its competitive edge in AI and technology?

98.665 - 100.509 Jason Calacanis

Was he focused? Did he contribute?

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100.59 - 101.291 Eric Schmidt

Did he move the needle?

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101.311 - 106.965 Jason Calacanis

No, but he was very smart. That's kind of our consensus on the plot as well.

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107.446 - 115.645 Eric Schmidt

Look, you guys know this guy well. He's really that smart. So he taught me more stuff than most of any of the employees at Google. And then you left.

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115.625 - 117.588 David Sacks

Tell us what you've been doing.

118.61 - 138.983 Jason Calacanis

Before that, I got to ask you this question. There was a recently deleted video from Stanford. Oh, no. You had a moment of clarity where you said, hey, you know, like at Google, people are like too much work-life balance. They need to commit. They need to work harder. We had Sergey at the last event. He's going back to work. So Sergey got the message.

141.41 - 168.046 Eric Schmidt

Predicting Sergei's behavior is something I can fail at. I tried for 20 years. I am not in favor of essentially working at home. And the reason, I mean, many of you guys all work at home to some degree, but your careers are already established. But think about a 20-something who has to learn how the world works. And, you know, they come out of Berkeley or Dartmouth and they're very well educated.

168.547 - 192.213 Eric Schmidt

When I think about how... how much I learned when I was at Sun just listening to these elder people who were five or 10 years older than I was argue with each other in person. How do you recreate that in this new thing? And I'm in favor of work-life balance and that's why people work for the government. Sorry. Strays. Sorry, sorry, sorry.

193.715 - 216.16 Eric Schmidt

If you're going to be in tech and you're going to win, you're going to have to make some trade-offs. And remember, we're up against the Chinese. The Chinese work-life balance consists of 996, which is 9 a.m. to 9 p.m. six days a week. By the way, the Chinese have clarified that this is illegal. However, they all do it. That's who you're competing against.

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