E36: New FTC Chair, breaking up big tech, government silent spying, Jon Stewart, wildfires & more

**Jason Calacanis** (0:00)
What's going on, Sacks? LP meeting?
Is it an LP meeting or are you going to lunch with Peter Thiel? Oh, a little layer poop?

**David Sacks** (0:08)
What's going on?

**Jason Calacanis** (0:08)
It's 9 a.m. There must be a call going on here.

**Chamath Palihapitiya** (0:12)
Tuttu bene, Sacksie Poot. Tuttu bene.

**Jason Calacanis** (0:14)
It's a ditch, Sacks.

**Friedrich Hayek** (0:15)
Every week but Chamath is in Italy.

**Jason Calacanis** (0:38)
Hey, everybody. Hey, everybody. Welcome to another episode of the All-In Podcast, episode 36 Back with us today on the program, the queen of quinoa, science, spectacular.
Friedberg is with us again with leading off last episode, Friedberg with a great Friedberg science monologue. The crowd went crazy for it. How does it feel coming off that epic performance in episode 35? Tell us, what were you thinking going into the game?

**Friedrich Hayek** (1:06)
And yeah, well, I was thinking, I would talk about the Alzheimer's drug approval at Biogen, and I felt like I did it when we were done.

**Jason Calacanis** (1:15)
Great. It's like literally interviewing Kawhi Leonard after like a 50-point game. Okay.
And with us, Rain Man, David Sacks, with layers for players. He's been styled and groomed, and he's in some random hotel room. How are you doing, Rain Man?

**David Sacks** (1:30)
Good, good. I'm not in a hotel room.

**Jason Calacanis** (1:33)
Oh, your home just happens to look like a five-star resort. Got it. Forgot that.
And to give us an idea, coming into today's game with the layers, you obviously are here to dominate and get your monologues up. Got to be hard for you to look at the stat line and see yourself trailing in monologues behind the dictator. I'm of course referring to All-In statistics, where some maniac is breaking down how many minutes we each talk per episode.

**David Sacks** (2:00)
Jason, I'm really happy with my performance. For me, it's about quality, not quantity.
I like to stick and jab.

**Jason Calacanis** (2:07)
Okay, got it.

**Friedrich Hayek** (2:08)
What are we talking about right now?

**Chamath Palihapitiya** (2:09)
What is this?

**Jason Calacanis** (2:11)
And of course, the dictator leads you on monologue.

**Chamath Palihapitiya** (2:14)
What the hell are you talking about right now?

**Jason Calacanis** (2:16)
There is a Twitter account. You know how the All-In stands have a ton of skills?
There is an audience for this podcast that has more skills than, you know, it's like the 5% of the most skilled people in the world listen to this podcast. So, in addition to doing the merge, in addition to doing, who's the guy, Henry, who does all those incredible videos with animations? In addition to those...

**Chamath Palihapitiya** (2:42)
Henry Belcaster.

**David Sacks** (2:43)
Yeah, Henry Belcaster.

**Jason Calacanis** (2:44)
Henry Belcaster crushing it.

**Chamath Palihapitiya** (2:45)
Those things are great.

**Jason Calacanis** (2:46)
Those are amazing. And then, of course, you have Young Spielberg who led the charge, dropping incredible tracks.
And now we have this new crew that is analyzing, somebody put, you know, we'll put in the show notes a link to it, but they do some type of AI analysis of the audio files. And they tell us who had the most monologues, and then the running time and then historic running time. So they're actually looking at it, trying to figure out, you know, who is speaking the most and they thought Friedberg was going to run away with the episode, but it kind of disappeared in the second half of the game. And Chamath obviously came around the corner and took his 27% but they only have a pie chart of how much we each talk.

**Chamath Palihapitiya** (3:27)
I have a, I always have a very strong first and third quarter.

**Jason Calacanis** (3:30)
Yes, absolutely. And then he gets frustrated when he passes the ball and somebody misses a shot. It's kind of like LeBron in the early days. So kicking off today, Lina Khan has been confirmed to the FTC with bipartisan support. Interesting. And this is obviously going to be a challenge for Big Tech. On Tuesday, the Senate voted 69 to 28 to confirm Lina Khan, who is a very well established critic of Big Tech.
And this is obviously really unique because she's 32 years old, and she's leading FTC, which is unbelievable. I did a little research on her and watch some videos.
She's basically written two amazing papers.
And the first paper came out in 2017, Amazon's antitrust paper, the second one came out in June, and was about the separation of platforms and commerce. And when you hear her speak, she is incredibly credible and knowledgeable. It is as if one of the four of us were discussing this, she could come into this podcast and speak credibly about Amazon's businesses, as opposed to the charades we saw at different hearings where the senators and congresspeople just absolutely had no idea what they're talking about.