Winning the AI Race Part 1: Michael Kratsios, Kelly Loeffler, Chris Power, Shyam Sankar, Paul Buchheit, Jake Loosararian

**SPEAKER_1** (0:08)
Three, two, one, zero, all engine running.

**SPEAKER_2** (0:22)
The world's largest airliner, each wing is big enough to hold five tennis courts.

**SPEAKER_3** (0:26)
This new technology made it possible to meet the user's crucial needs. Enter the computer and a new age.

**David Friedberg** (0:33)
What a computer is to me is, it's the most remarkable tool that we've ever come up with and it's the equivalent of a bicycle for our minds.

**SPEAKER_5** (0:43)
Here I am playing a game of chess with a computer, which is analyzing board positions and applying a certain kind of intelligence to figure out what its next move should be. That's the subject of our program today, artificial intelligence.

**SPEAKER_6** (1:00)
The good future of AI is one of immense prosperity where there is an age of abundance. Everyone can have whatever they want.

**David Friedberg** (1:10)
We're still in the very early innings of AI.

**David Sacks** (1:12)
I would say the rate of progress is exponential right now.

**SPEAKER_8** (1:15)
Every time I think that we are overstating the impact of artificial intelligence, something comes along that tells me we aren't making enough of it on the show.

**SPEAKER_5** (1:23)
You know, there's no 60-minute clock on this thing.

**SPEAKER_9** (1:25)
This is an infinite game.

**Chamath Palihapitiya** (1:27)
Think about solving a problem that would take humans thousands of years to solve. Those who can harness and govern the things that are technologically superior will win and it will drive economic vibrancy and military supremacy.

**SPEAKER_9** (1:42)
The Trump administration believes that AI will have countless revolutionary applications.

**SPEAKER_11** (1:47)
We believe that America's destiny is to dominate every industry and be the first in every technology and that includes being the world's number one superpower in artificial intelligence.

**Jason Calacanis** (1:59)
It feels like every tech revolution of our lifetime has been leading to this moment.
All right, everybody. Welcome to Winning the AI Race. This is our first event in DC.

**Chamath Palihapitiya** (2:23)
Can I get permission from our leader to sit down?

**Jason Calacanis** (2:26)
Yes, you may sit. Thanks for coming out, everybody. We put this event together in just a couple of weeks. In order to have a really important discussion, Winning the AI Race, this is something America has to do and it's something we will do. We're going to do it through the way we've won every other technological race, through grit, entrepreneurship, and dogged competition. The difference with this administration is they're actually engaging with the technology industry. Today, we're bringing together many members or all members of the administration here to talk about it and none of this would have been possible without our bestie, David Sacks, deciding that he would take some time and become our czar of crypto and AI. I would like to just start with a huge round of applause for David Sacks.
David, you've been here for six months.

**Chamath Palihapitiya** (3:26)
I'm sorry, but did you actually prepare? This is excellent so far.

**Jason Calacanis** (3:30)
No, I'm just speaking from afar.

**Chamath Palihapitiya** (3:31)
No, it's excellent. Keep going. He wants to be invited back to DC.

**Jason Calacanis** (3:37)
They told me I've got 12 hours left on the ground.

**David Sacks** (3:40)
I think that White House tour is going to happen after all.

**SPEAKER_6** (3:43)
It might just happen.

**Jason Calacanis** (3:45)
But in all seriousness, you've been here for six months, and we all know how capable you are, but my Lord, this administration is on a heater when it comes to crypto and AI. I am absolutely, and I think I speak for everybody in our industry, thankful and wildly impressed but not surprised at the pace at which you've led crypto and AI. What's the first six months been like for you?

**David Sacks** (4:10)
It's really been incredible. I mean, I never expected to go into government at all. And really, as a result of President Trump coming on our podcast a year or so ago, that began a relationship that eventually led to me being offered this job. And I took it because I just thought it was a once in a lifetime opportunity to work for a president who really wants to get things done for the American people. And you can see that just every day he worked so hard to push forward his agenda for the American people. And I think AI and crypto have just been two of those issues. But there's been a lot of fun to work on these things because we are getting a lot done.

**Jason Calacanis** (4:45)
Yeah, last week...

**Chamath Palihapitiya** (4:46)
And this date today, we put together in just like the last 10 days as an opportunity to talk about your action plan that was getting, the president's action plan getting published today. But we should invite Jacob out because Jacob partnered with us from Hill and Valley from Jacob Helberg. Come on out and join us.