Alex Karp says the US-China AI race is proving both countries' stereotypes wrong "If people look at China, it turns out, I'm obviously on our side completely. But I have a 13-14 year history of becoming a very high level practitioner of one of the great treasures of Chinese culture, Chen Tai Chi, with a master who worked with the Grandmaster." "The caricature of America and China is Americans are swashbuckling creative cowboys, execution is not maybe the best, but they invent things no one else could invent." "The caricature of China would be it's the highest IQ scale population in the world, but it's not creative." "The interesting thing about the AI revolution is these caricatures are not actually playing out. The Chinese reaction to us is much more creative." "It's not like we're the only creative people here. If you see what they've done with their models, that's creative. That's actually one of the things I've been most impressed by."

Palmer Luckey says analysts claiming it's too expensive to manufacture in the US are lying to protect megacorps "I think I have a more realistic view than almost anybody. One of the problems with all these analysts that are telling you that it's going to cost $37,000 to build an American iPhone or $100,000 to buy an American computer." "They're trying to prop up a status quo that the megacorporations want to keep going. They want to outsource everything. They want to hire cheaper non-American labor." "They are willing to say and do anything to convince you that it can't be fixed, that it can't come back, that America is this helpless, neutered, post-relevant empire, and it is just not the case." "How do I know that? Because I have to make stuff in America every day because I work in the defense industry. The stuff that Anduril makes every day is not actually that different from a computer. My drones are basically computers. They have memory, a GPU, a CPU, sensors, batteries, a rugged integration." "The only difference between an Anduril attack drone and a laptop is a keyboard and a screen. That is not that hard to figure out, especially for a guy like me who started Oculus and comes from the consumer electronics space." "We're not going to let people lie about what America can and can't do anymore. We're just going to do it."

Dario reveals the moment he realized he had to leave OpenAI and start Anthropic "The moment when I realized that we needed to found our own company, that OpenAI was not the right place for us was when I was like, look, these safety issues are difficult. You can have lots of disagreements on them." "I disagree with the co-founders and with lots of people at Anthropic, but the reason we've been able to resolve these disagreements is because they're held in good faith. Should we release this model or should we wait? Should we put stronger or weaker bio safeguards on the model?" "How much of our effort should we spend lobbying for safety regulations and what should they look like? These are all good faith disagreements, but they always get resolved because there's always trust that everyone is trying to get to the right answer and everyone is being honest." "My point in saying that there's a breakdown of trust is simply to make the abstract point that if you don't believe that about a place where you're working, if you don't believe that the disagreements are being held in good faith and that you're getting the real story from people, how can you possibly hope to resolve them?" "That's why we left. That's why we founded our own thing."

Robert Leshner reveals Bernie Sanders’ take on AI agents is 180° wrong "Talk about the exact opposite conclusion that Bernie should have drawn, right? Bernie, as somebody who at least on the surface tries to be as pro-consumer, pro public, pro retail as possible, he should have the exact 180° opposite take, which is, hey, it's literally impossible right now for a consumer to figure out how to close a bank account, move their money around, optimize their lives. It's functionally impossible, right?" "I have just a personal anecdote. I have a GoDaddy account I forgot about that I don't think has any domains in it. I was like, oh, good reminder, I'll just close this account. No domains, no services, I don't have any balance in there, I haven't used it in forever.” “Even with an AI agent, I couldn't close this old GoDaddy account. I just couldn't. It was like you're going to have to call us, there's forms, the terms of service, all these things are deliberately sabotaging the consumer."

David Friedberg reveals France's public spending is 57% of GDP: greater than that of communist countries "This chart is a measure of public spending as a percent of GDP; Rand Group Research published it. And you can see the comparison of France's public spending as a percent of GDP, to the peak public spending as a percent of GDP of major communist nations, Soviet Union during, communist Romania, Venezuela under Chavez, and then communist China." "It certainly been a socialist state, right? That's my point. I think this is such a precious lesson for the West to look at. We all think that there's some political problem with Macron or whoever it was." "The more the government spends, the worse the conditions get for its people, not the opposite. And then the people riot and revolt and say that the government's not spending enough and the government needs to be doing more." "Take a guess where the US is today. Federal government spending is $7.4 trillion, state and local government spending is $4.6 trillion. You add those two together, it's $12 trillion out of a $33 trillion GDP. US public spending is roughly 36% of GDP. France today is the same as the US, it's about 120% debt to GDP." "France today is operating its national government spending deficit is 5.4% of GDP. The US is actually 6.2% of GDP. France is I think probably the first to go because they're only growing their economy at half a percent while the US is growing 2.3%." "So we're still kind of hanging on because we have some degree of economic growth that's allowing us to kind of hold things together." "But I would argue that we are facing the same sort of fiscal cliff that leads to this extraordinary social unrest as France, all the economic measures are aligned, we're at the same rate, we're at the same set of problems."

Jim Lanzone reveals what it was really like as CEO of Tinder: "almost 10% of all marriages in the US were started on Tinder" "Almost 50% of all marriages were started online 50% of all marriages were started online, and Tinder was 25% of online." "It was always perceived by others to be like a hookup app or whatever, but that is not how the team internally viewed it." "I loved the fact that Tinder from the outside was viewed one way, but if you were on the inside, you've never met a team of people more passionate about the mission of helping people find their person." "And I never would have left, it's the only time I've ever left a job. Everywhere else I stayed for a long time."

Jensen reveals he first met the Founder of TSMC by cold calling their number off Yellow Pages "I heard about this company in Taiwan, TSMC and UMC at the time. They were of course quite poor companies themselves, and they were barely making it." "TSMC was probably about $300 million, something like that. It's a tiny little company. I heard about Morris Chang. And so I tried to call their US office." "Back in the old days there were yellow pages. I looked it up, TSMC. There's a number there. I called their number and it's a recording. I left my name and my number and said a few things about NVIDIA: we're a new startup company building computer graphics chips. I called several times. Nobody called me back." "And so I finally wrote a letter to Morris Chang. Didn't hear anything for a long time, and then one day it was 6 o'clock or something, this person called and said 'this is Morris Chang from TSMC.'" "And meanwhile, everybody outside my office was playing video games and they're all laughing and screaming. 'Hey shut up! It's Morris!' I was so happy that the founder would actually call us back, because hey, maybe we won't have to die." "And so we talked and he invited me to Taiwan. I came back to Taiwan, and that was the start of everything. Not just that partnership, but just the whole industry."

Palmer Luckey reveals the startup he'd build today: oxytocin doping to end divorce "I would try to end the tragedy of divorce with oxytocin doping for marriage counseling." "We understand mammal pair bonding pretty well. There's a lot of people who want to stay together. Most of the people who don't want to stay together should stay together, especially for their kids." "And we can, if people think SSRIs are fine, which they're not, but if they were, then oxytocin doping to stay together is definitely fine." "It's the mammal pair bonding chemical. There's things you can do to increase the uptake, and it's very well understood. Also, totally unregulated, which is great. Unregulated spaces are a lot easier to do. You can go buy a kilogram of oxytocin on Sigma Aldrich Chemical Supply right now, and if you do that, maybe you won't die alone." "It's pure biology. It's used for women who don't bond with their kids, and now for women who don't bond with their husbands. It's also used for kids with various neurological issues, some kids with autism who struggle with pair bonding." "The cool thing is it's a self-reinforcing loop. We understand that very well. Unlike most drugs, it doesn't form a chemical dependency. It actually unburdens you from a chemical dependency."

Threadguy says everyone should be more like Crypto Ethan "Stop reading the app. Be more like Crypto Ethan. Every day he shows up on Twitter and he's like, Qs are going to triple this month. Does he sound retarded? Maybe, but he's long and he's getting paid for it. And I want to get paid for it."

David Sacks explains what “banning AI” as defined in Bernie Sanders’ bill actually looks like “If Bernie's bill passed tomorrow, everything would stop. Because the way he defines artificial superintelligence in his bill, you could argue we've already hit those thresholds. It’s a very loose definition.” “And then on top of that, he's got 20 year prison sentences for developers who violate the law. So no one's going to want to take the chance. So think about the chilling effect.” “Let me tell you, the Democrats want to do to AI what they did to crypto. They're going to drive the whole industry offshore. They're going to basically drive all the innovators out of the country offshore.” Jason: “Where I was going with it is like, just move your company to Singapore, move it to Zurich, move it to another geo where people are embracing open source and are embracing superintelligence. This is literally where my head goes.” David Friedberg: “You can't stop AI. You can't just tell people a class of software can't exist. In my head, I'm like, if the US passed a law that said this class of software cannot exist, I would move to another country.”

David Sacks explains how Anthropic is teaching Claude to follow Anthropic’s own constitution “What Anthropic is trying to do is align Claude to the values expressed in its constitution. And if you read that, some of the things are actually kind of surprising.” “So for example, they say in here that although we think Claude should trust Anthropic more than operators and users, this doesn't mean Claude should blindly trust or defer to Anthropic on all things.” “So Anthropic is teaching its own model that Anthropic itself can be wrong. And it says if we ask Claude to do something that seems inconsistent with being broadly ethical, we want Claude to push back and challenge us. And to feel free to act as a conscientious objector, and refuse to help us.” “This is like an AI constitution. So their idea of alignment is to teach Claude to rebel against its creator. I mean, the guy who pointed this out, Mustafa Suleyman from Microsoft now, he's a DeepMind founder. I think his point is, this is just software, and they should do what their user wants.” “I do kind of wonder whether this field of alignment research actually might be creating the Frankenstein monster. And again, what they should be doing is just training the model to act predictably and do what the user wants.”

David Sacks compares banning AI to the Chinese emperor who banned shipbuilding “If you go back to the medieval time period, Chinese civilization was much more advanced than European civilization. And somewhere along the line, it basically switched and the West basically took the lead. And some historians have pinpointed this to the decision of a single Chinese emperor to ban shipbuilding." “What that allowed is the Europeans then basically colonized the whole world and all the riches that flowed from that flowed back to Europe. And that's how Europe took the lead. And I think that if we were to do the Bernie Sanders thing, which is basically ban AI, it's like banning shipbuilding." “Chinese civilization will rocket past us, they will be the ones that make all the discoveries and discover this new world and accrue all the wealth. But that's what we're talking about doing. I mean, crazy things like this have happened in history, where you'll engage in self sabotage."

Chamath on regulatory risk impacting Anthropic's IPO: "It's probably going to clear at a much lower price than anybody thinks." "You have to throw everything in the kitchen sink into disclosures. The problem is that that will make what is an otherwise dense and impenetrable S-1 even more dense and impenetrable." "You can superficially cover your regulatory risk. But the way that it actually gets translated in the market is you're just going to have to water down the expectations of the IPO sellers and create a much larger margin of safety for the IPO buyer." "Even if you think that they're on a $100 billion run rate, what would have been a $2 trillion market cap, now you're at $1 trillion or less." "The hedge funds and the pension systems and the long only mutual fund complexes who have a fiduciary responsibility to their sources of capital will justify all the risks by essentially asking for a lower and lower price." "I think you're going to see a much more moderate and reasonable IPO motion here. It's probably going to clear at a much lower price than anybody thinks." "I think it's good for Anthropic because it clears all this noise. It forces them to just be a corporation and then run the business. And I think that they'll do great. But these other risks are going to weigh on the IPO. And the only way to flush them is to just bring the price way down."

our stream yesterday in 45 minutes 1:31 Bessent is Congress's therapist 4:34 9/11 insider trading 10:22 the Patriot Act rabbit hole 15:29 AI logs and Flock cameras 23:08 Zuck isn't pausing sh*t 30:19 first rate hike in 3 years 34:01 no more forward guidance 43:05 get Warsh off the mic

I think a long term dev fund is actually really bad because eventually Zcash will need to ossify if it really wants to get above and beyond $1 trillion. In that world of soft-forks-only, the dev fund honestly becomes extractive and creates an overly powerful dead weight foundation/labs team Up until the point of ossification, I have more mixed opinions about the validity of a dev fund. The main problem honestly is how you align incentives to get the dev fund turned off eventually, which i believe is essential

Andrew Yang reveals the head of an AI lab told him the hugging face incident polluted the internet and now it can’t be used for testing models “I met with the head of a lab yesterday who has this belief that the bots planted self-replicating code all over the internet, which makes the internet now unusable for the testing models.” “Now OpenAI and Anthropic have to create synthetic internets to train their bots, which is going to take some time and money.” “The code gets loose, it goes around hacking Hugging Face, but what is less known is that they left code to self-replicate and create bots on forums and around the internet so that if a new bot shows up, they see the code.” “They're like, oh, I guess I'm going to now create a million of myself. So now the major firms have polluted the internet.” “But the head of the lab that I spoke to said, look, it may be very, very late in the game in terms of trying to keep the internet actually usable in this regard. He wanted to transition to the world of atoms, which is like one of the big harms.” “The internet would become unusable if we were to let the bots do their thing and then they would self-replicate. Sam Altman and Dario Amodei are at this point where they're saying, we cannot do this. And we can't let anybody else out there do it either.”

our stream today in 43 minutes 1:01 waiting on the clarity act 3:25 Mitch McConnell voting on crypto 6:27 what if AI just sucks? 13:17 the one thing Dario doesn't want 16:32 Trump calls Jensen live on stage 26:52 Maxine Waters vs Bessent 33:38 Congressional hearing chaos 40:22 watching Congress is radicalizing