All the crap you never needed

April 26 2024   Flipping restaurant reservations People selling restaurant reservations Tips Jason tips the maitre’d $20-$50-$100 Meta Llama3 is out Scorched earth strategy to make it more accessible - its not a core product for them but important Chamath called this in Jan 2023 Zuck reinforced this recently Google did the same with Android and open sourcing You close source when you lead, you open source when you want to catch up Many companies could attack Google search now Stock down because of aggressive AI spending Could be because they are perceived as over spending on NVidia Inference vs Training Tesla Stock went up Layoffs Reincorporate in Texas and leave Delaware Some investors are perceiving a CEO executing according to his original master plan Could be some macro trends hitting them too Robo Taxis could be a big business for Tesla Robots could also be big in the long term Energy could also be a big business (there are 1700 utilities in the U

April 19 2024 Chamath at Breakthrough Prize Yuri Milner/Julia Milner + Zuck/Priscilla + Sergey Brin + Ann Wojcicki organize it All in Summit Google fires protesters Protesting deal with Israel/Israeli entity Took over office and being disruptive ~28 people fired, some were even arrested Entitlement or people being brave and willing to live with the consequences? Left leaning employees asking Left leaning organizations to be more left leaning Right to protest is important - but can’t impede functioning of society Might not be so different from Vietnam War for US (this Gaza war for Israel) Protesters might be looked at differently over time just like the older supporters were Guerilla warfare is also similar There are even articles now showing that Israel might not win the war eventually Americans also killed millions of vietnamese in the war Rules of engagement are quite loose Dehumanization happened then, and now again NPR controversy Katherine Maher became CE

April 12 2024 Friedberg moderating, JCal out AIS 2024 Back to LA Sep 8-10 Upgraded experience Nvidia They are strong in learning They are trying to build a business in inference Structural innovator’s dilemma - learning vs inference There might be an opportunity for new chip startups Western cities in decline Chamath was in Paris, complaining about same stuff like London and San Francisco, etc Decriminalization, de-carceration agenda is hurting at least the big US cities that are mainly blue Lessening of prosecutions for crime Hard to change a 1 party state People who live in these places are complaining Google Cloud Next trip for Friedberg Platform is amazing - so many companies build ecosystem around that Everyone is also trying to do multi-cloud Cloud is a wide open competitive market There is no AWS or Azure lock-in - or less of it The clouds are competing for the consultants who will do the work for their customers - CapGemini, Deloitte, etc Inflatio

April 5 2024 New CEO Jon Haile Strong background in incredible live experiences and events Community matters, live content matters Content creators are the new form of demand generation instead of ads Live experiences are the way to go New books: Bad Therapy; Jon Haidt’s new book also 1M subscriber party will happen once they hit that milestone FTX correction Depositors aren’t really being made whole - their crypto dropped in price and they are getting it at the lower price, didn’t get the run up Example: Solana was $16 at the time FTX went under - but Solana is now like ~$188 This is material to SBF sentencing - reporters were buying into the idea that depositors were being made whole - the media is carrying water for SBF clearly Clearly the idea is to get SBF’s sentence commuted - his parents are big democratic donors The collectors/trustee/etc are liquidating at high price BUT giving back the original depositors the crypto at low price This proves that no one is bein

March 29 2024 Chamath poker fun SBF sentenced to 25 years FTX divesting its Anthropic bet SBF was an investor in Anthropic and Solana Customers might be made whole Seems investors might also be made whole Probably BTC, ETH, SOL all going up is helping? In retrospect he could have come through this unscathed if they hadn’t done all the stealing of customer money for Alameda Sacks had a debate with SBF about the ballot initiative he was funding in CA to raise taxes for a pandemic prevention center to be run by his brother - when SBF doesn’t even live in CA Jason met him when he seemed to be high/on-substances Trump social media SPAC/deSPAC Company growing 3x year over year - you can buy the stock - DJT/TMTG Valuation is ~$8.5B This seems similar to 1997 moment when David Bowie launched a $55M bond which worked out well for investors Shows the power of personalities like Trump, Kim Kardashian, This is like goodwill line item for Coke, Pepsi, etc Many other indivi

March 22 2024 Dune 2 DoJ sues Apple Apple charges 30% How can you install software for free on a laptop but on Apple its 30% and only from the App Store? Government should really regulate this? Why can’t consumers choose Is interoperability in Apple’s interest actually? More people will buy Apple watch, install iMessage, etc Why is this different from what happened with Microsoft? They could have owned the browser and search, html vs activeX, etc How is Apple allowed to get away with this? Google is also doing the same thing with Android that Microsoft did with browser on Windows (you have to have google search if you want our support?) Apple looking for AI Gemini or OpenAI? They spent $30B on R&D last year - what did they spend it on? Where is their AI strategy? How come something so important is being outsourced? NAR lawsuit settlement Commissions are $100B a year in the US Could reduce by 30% The 3% for Buyer’s agent can now be negotiated, to be paid by the