Elon's Anthropic Deal, The Next AI Monopoly?, "FDA for AI" Panic, Trading the AI Boom

**David Sacks** (0:00)
How do I sound?

**Chamath Palihapitiya** (0:00)
You sound perfect. You sound great.

**David Sacks** (0:01)
How do I look?

**Jason Calacanis** (0:02)
Yeah, you sound great. Better than you look. You have a face made for radio.

**David Sacks** (0:07)
You don't look as tired as you have in recent weeks.

**Jason Calacanis** (0:10)
That's true. Yeah.

**Chamath Palihapitiya** (0:11)
Yeah. Somebody was slagging me for the bags in my eyes. I mean, this audience is brutal.

**Jason Calacanis** (0:17)
They're brutal.

**Chamath Palihapitiya** (0:18)
They're brutal.

**David Sacks** (0:19)
It's a good thing I'm rich. And it's said we open sourced it to the fans and they've just gone crazy with it.

**Jason Calacanis** (0:39)
All right, everybody. Welcome back to the number one podcast in the world. It's the AllIn Podcast with us today, Chamath Palihapitiya, David Sacks and our fifth bestie, Mr. Brad Gerstner is here.
I think David Friedberg is suffering from some socialist related flu. He's very sick of reading about socialists, but he'll be back next week with two incredible, incredible interviews.

**David Sacks** (1:05)
You guys see those Spencer Pratt ads?

**Chamath Palihapitiya** (1:07)
Wow.

**Brad Gerstner** (1:08)
It's one of the best political ads I've ever seen.

**Jason Calacanis** (1:11)
Oh, there's like three or four of them.

**Chamath Palihapitiya** (1:13)
Whoever that social media team is, is on fire. If you get a good social media team and you get a good ad production team, I think it's next gen because these things go crazy. And Spencer Pratt, if he wins this election, which I think he's going to in Los Angeles, the reason is what Brad said. Those ads are incredible.

**David Sacks** (1:30)
Well, he's also quite a good debater. Did you see clips from this debate?

**Chamath Palihapitiya** (1:34)
Incredible. He's so funny.
He's so chill.

**David Sacks** (1:38)
Yeah. Well, he's up against Karen Bass, who's the mayor, who is basically extremely left wing. And then there's someone who's a city councilwoman, who's even further to the left of Karen Bass. I mean, she's often like Fidel Castro territory.

**Chamath Palihapitiya** (1:51)
She's an Indian Fidel Castro.

**David Sacks** (1:53)
Raman. So she was basically, I guess, criticizing the mayor for the homelessness problem.
And then Pratt pointed out that this councilwoman is actually in charge of all these homeless programs already.

**Brad Gerstner** (2:07)
He eviscerated her.

**David Sacks** (2:09)
The eviscerator. And he basically made the key point, which is, look, the problem here is not lack of housing. It's an addiction issue and it's a mental illness issue. And he said, look, if you...

**Chamath Palihapitiya** (2:18)
He said if she went to the street, she gets stabbed in the neck.

**David Sacks** (2:21)
Yeah.

**Jason Calacanis** (2:23)
Which is pretty accurate if you've been to Skid Row. I mean, you would not want to walk through there.
It was like the Spider-Man photo.

**Chamath Palihapitiya** (2:30)
Wait, Nick's got the clip, play the clip, Nick.

**Jason Calacanis** (2:32)
Oh God, this clip is brutal.

**SPEAKER_4** (2:33)
This is a different clip, but this went super viral.

**David Sacks** (2:35)
It reminded me of Trump a little bit.

**Jason Calacanis** (2:37)
Let's see.

**David Sacks** (2:38)
I'm not sure how to respond to that vision of Los Angeles.

**Jason Calacanis** (2:40)
This is a MAGA Republicans idea of what Los Angeles looks like.

**Brad Gerstner** (2:45)
This is really not.

**Jason Calacanis** (2:51)
For those of you listening, he put his hands up and wiggled his hand like, Oh my God.

**Brad Gerstner** (2:55)
Hey, Sacks, Stephen Pratt wins mayor.

**Chamath Palihapitiya** (2:59)
Spencer Pat.

**Brad Gerstner** (2:59)
And then the ballot initiative, the Retirement Protection and Savings Act, right? It's gonna pass, gonna pass with big numbers. This is the, you know, referendum that effectively is gonna knock out the wealth tax. Can you imagine if California effectively passes a constitutional amendment, protecting retirement savings and personal assets and banning the wealth tax and Pratt gets elected, the message that would send to the country? That's a very non-consensus view that I'm becoming increasingly optimistic about.

**David Sacks** (3:29)
Well, from your lips to God's ears, but until that message actually is sent, I think I'm going to be in Texas. In Texas.
Yee-haw.

**Jason Calacanis** (3:39)
Well, I mean, this is also in the face of, I don't know, just a follow-up story here, but Mondami did an attack video on Ken Griffin's house. We talked about it on the pod a couple of weeks ago. Literally stood in front of his house, pointed at it. This is in the face of a CEO getting shot for ideological reasons, Sam Altman's house being targeted. This is a really dangerous thing for Mondami to do.