Skip to main content

All In Podcast Episode 129 Recap and Notes May 19 2023

May 19 2023



  • Bestie Performance Reviews
    • Friedberg
      • Called rich guy who wants to tax poor people
    • Sacks
      • Rich guy who got lucky
    • Chamath
      • Greedy capitalist
    • Jason
      • Least skilled knowledge worker
    • Group
      • 3 billionaires and Jcal
  • AI senate hearing
    • Sam Altman, Gary Marcus, <insert name>
    • Sam said he doesn’t have equity in OpenAI
    • He wants to create a licensing agency
      • Classic regulatory capture
    • All hedge funds, etc are long Nvidia and AMD
    • This is rare that Silicon Valley is first time warning about dangers instead of outside voices
    • Senators want to create new regulation instead of using existing laws
    • Altman is being smart and trying to get a regulatory moat around his incumbency
    • MosaicML model shoutout!
    • Example of models that are becoming ubiquitous and pervasive and easy to run at the edge, etc
    • This will make it hard to regulate - every computer, device etc could be running its own model
    • So regulating this could be a fool’s errand
    • HuggingFace models show that the cat is out of the bag - too many models, already better than OpenAI and Bard - and open source
    • Analogy to DMV shows you will have to wait in line for who knows how long waiting for a regulator who doesn’t know what they’re doing
    • Buffet says AI is like the atom bomb
    • Government just is Anti-AI so they can hit tech industry
  • New Twitter CEO
    • Female CEO/Leaders at Tesla, Twitter, SpaceX
  • Lina Khan blocks Amgen’s $27.8B deal for acquiring Horizon Therapeutics
    • Interesting nuance - the problem is bundling or M&A?
    • Pharmacy Benefit Managers are the problematic middle men
  • Apple headset expected
    • Will be ~$3000
    • More competition is good
  • Real Estate
    • Home buying sentiment really low
    • Commercial is also bad (CRE)
      • SF office market is ~90 million square feet
      • AI companies are creating demand - but only ~1 million sqft right now
      • Many zombie office towers in SOMA
  • Crime in SF and NYC
    • Jason was attempted-mugged twice in the 80s
    • Media is not necessarily providing all the information
  • Soros political motivation with funding DAs
    • He has funded DAs in other cities than where he lives
    • He has funded efforts around the world
    • His son has visited the White House several times in Biden presidency

Comments

Post a Comment

Popular posts from this blog

What's your favourite Iron Maiden song?

Part of the NWOBHM ( ignoramuses can go ahead and google that :P ), Iron Maiden have rocked for a long time, with many brilliant compositions (yes compositions, as intricately crafted as any symphony you philistines - the cadence of mcbrain's drums, the richness of dickinson's voice, steve harris's incomparable lyrics and I will stop before waxing lyrical about the guitars of Dave Murray, Adrian Smith and Janick Gers....man!). So what is your favourite Iron Maiden song? I ask because frankly I don't think I have one, and I doubt if its possible for me to single any one out. (get it -- "single"? I use it while referring to songs? mmmpff :D, k, never mind) (wrt the inaugural blog post which was in keeping with the spirit of this webpage, I thought I might as well clear the air regarding the only thing meaningful in the whole piece - the title )
12 comments
Read more

Mxyztplk

kljfkldsajfks djfsdfklj23kj2kl3j423kl j4l23k jrkl;qjr;lwqej klqwjdklasdjklj234kj23kjsa kljdaskd'asdasd sad w 23 424k 23l4k23lk 4l23 4l32 kweerkwqe23 14 wqd asda d 234 2134 23 42343rldla;dkl;sakdl;kasl;dkas;ldk;asdklkasdklal23l;k4klsaldksaldksl;adk
7 comments
Read more

All In Podcast Episode 229 Recap and Notes May 23 2025

May 23 2025 All In Summit Bond market chaos Weak bond demand 10 year yields spiked Govt sells bonds to fund its activities Crazy debt projections 😟 Market does not want to buy debt from government Big beautiful bill is the anti-DOGE Worst case for financial situation Bill passed 215-214, 1 person slept on the floor and didn’t vote Gold and BTC spiked US downgraded Bill favors traditional republicans and traditional democrats Energy prices will spike, AI energy generation will be harder Fed might increase interest rates Republicans abandoned DOGE Tax cuts are good at least Better border security What is happening in Japan currency/bond markets might lead to $1T sale of US treasuries This could devalue the dollar This bill will hurt the US economy US politicians don’t want austerity President doesn’t have enough power over spending People vote for Republicans to cut taxes and cut spending - they did 1 out of 2 this tim...
Post a Comment
Read more