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The Joe Rogan Experience

#2206 - Chamath Palihapitiya

Wed, 25 Sep 2024

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Chamath Palihapitiya is a venture capitalist, engineer, and CEO of Social Capital. https://chamath.substack.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcription

Full Episode

2.571 - 7.516 Chamath Palihapitiya

It is the best clip because he's like a totally different person.

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7.556 - 40.797 Joe Rogan

Well, it's what he really is. But he really is. Yeah, it's like the Ellen thing, you know, it's like... I mean, he really did lose his shit there. Oh, it looked like, weirdly, you know? I got the Christian Bale one, because he's in characters, intense scenes. Some guy's fucking around in the background. Like, God damn it, stop fucking around. I get that. Yeah, yeah.

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40.837 - 53.867 Joe Rogan

Like, he's in this frenzy of this intense scene. But what is fucking, what is Bill doing? Republican talking points on Fox News? No, that was a different time.

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53.927 - 57.449 Chamath Palihapitiya

It was when he was current affair. It's when he's doing like gossip and stuff.

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57.689 - 78.926 Joe Rogan

Oh, that's right. He was a gossip guy. He was like an Entertainment Tonight type guy. Inside Edition. One of those deals. Inside Edition. Is that what it was? That's what it's called. Ah, yeah. And fucking those things. They never go away. It's such a weird environment, the left and right. There's no, like, centrist news source on television.

79.166 - 89.575 Joe Rogan

There's no, like, this is probably what's going on news source. It's always one or the other, and it's like you're living in a bipolar person's brain. I think, like...

91.457 - 116.67 Chamath Palihapitiya

Part of what's happened is we used to have news, and you could make a good living in news, and journalists were really sort of the top of the social hierarchy in some way, shape, or form, because they were this check and balance. And then somewhere along the way, this business model focused people on clicks, and nobody told the rest of the world that the underlying incentives were going to change.

117.131 - 141.028 Chamath Palihapitiya

And so that's where you find yourself, where... there's very little news i think there's a lot of opinion And then the problem with opinion is that feeds the outrage machine. And that's the, you know, the clickometer. The clickometer doesn't go high when you're like, hey, guys, I studied this equation. Right. There's a 50 percent chance of this. Nobody cares about that.

141.068 - 151.55 Chamath Palihapitiya

It's either like it's totally, totally bad or it's totally, totally good because it just it amps people up. And that's that's a real bummer because I think like you you don't know what to think anymore.

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