Presidential Debate Reaction, Biden Hot Swap?, Tech unemployment, OpenAI considers for-profit & more

**Jason Calacanis** (0:00)
All right, everybody, welcome back to the number one podcast in the world.
It's episode 185, and you're going to be delighted by today's docket. If you're into politics, we moved the taping back a day, gentlemen, because we knew there would be a presidential debate. So with me to discuss all things presidential debate and the news, finance markets, maybe even a little science from our science boy, David Friedberg, is the Rain Man David Sacks? Yeah, Chamath Palihapitiya is frozen or he's staring everybody down. How are you, sir?

**Chamath Palihapitiya** (0:34)
We're about to enter the end game, Jason.

**Jason Calacanis** (0:36)
Oh, the end game is here. OK.

**David Sacks** (0:38)
We're in the end game now.

**Jason Calacanis** (0:40)
And from a we work in the home office in Pasadena is our friend, the sultan of science. He's back to work. He's in his cube.
Did you get the TPS reports done?

**David Friedberg** (0:51)
The humble headquarters of Ohalo Genetics, beautiful lab downstairs. I'll take you on a tour one day. I can't wait to hear my friends gloat and bloat themselves on the show today after the debate last night. It's going to be insufferable. I'm looking forward to it.

**Jason Calacanis** (1:06)
OK, so you're building the next $10 billion company and we don't get to invest, but we do get a tour. Thank you. Good to know.
I thought we were better. We promote this shit every week.

**David Friedberg** (1:18)
If you guys want to put money in, I will open up the round again for you.

**Jason Calacanis** (1:20)
And you said this three times. When do we wet our beaks?

**David Sacks** (1:24)
J Cal's right about this, actually.

**Jason Calacanis** (1:26)
That's how you know the winner. The one he doesn't let us invest in is the winner. It's the easiest way in his portfolio.
All right, everybody, let's get to the show here. Enough of the craziness. Last night was the first presidential debate, and there's no easy way to put this. It was an unmitigated disaster for the Democrats and President Biden.
Gosh, he looked confused. Lots of slips, lots of gaffs. If you are under a rock living in a cave without Starlink and you missed it, here's a couple clips. Everybody's talking about this one where Biden lost his train of thought for, I don't know, close to 10 seconds. Play the clip.

**Joe Biden** (2:26)
Making sure that we're able to make every single solitary person eligible for what I've been able to do with the COVID, excuse me, with dealing with everything we have to do with, look, if we finally beat Medicare.

**SPEAKER_7** (2:47)
Thank you, President Biden, President Trump.

**Joe Biden** (2:49)
Gosh, that was brutal.

**Jason Calacanis** (2:52)
And the reaction from CNN, even MSNBC's Joy Reid as far left as you can go was brutal and candid. And here it is, the knives are out from the Democrats for President Biden.

**Joy Reid** (3:08)
Right now, as we speak, there is a deep, a wide and a very aggressive panic in the Democratic Party. It started minutes into the debate and it continues right now.
It involves party strategists, it involves elected officials, it involves fundraisers.
And they're having conversations about the president's performance, which they think was dismal, which they think will hurt other people down the party in the ticket. And they're having conversations about what they should do about it. Some of those conversations include, should we go to the White House and ask the president to step aside? Other of the conversations are about, should prominent Democrats go public with that call? Because they feel this debate was so terrible. That was painful.
I love Joe Biden.

**SPEAKER_7** (3:45)
I work for Joe Biden.

**Joy Reid** (3:47)
He did not do well at all.
And I think there's a lot of people who are going to want to see him consider taking a different course now. There is time for this party to figure out a different way forward if you will allow us to do that.

**SPEAKER_5** (3:58)
I, too, was on the phone throughout much of the debate. My phone really never stopped buzzing throughout.
And the universal reaction was somewhere approaching panic. The people who were texting with me were very concerned about President Biden seeming extremely feeble, seeming extremely weak.

**SPEAKER_7** (4:17)
This has been, quite frankly, a car accident in slow motion that we've seen over and building and questioning it. And as has been pointed out, Joe Biden sought this debate at this remarkably early time because he knew he was losing and he needed to change the narrative. And he did change the narrative.