Saturday 13 July 2024

"Biden chaos, Soft landing secured? AI sentiment turns bearish, French elections” | All-in Podcast

Click above for the video 
The four guys in the All-in podcast are some of the savviest Entrepreneurs, Venture capitalists, Angel investors, in the United States. 

They’re independent voters, who’ve been all over the shop in voting over the years, Rep and Dem.  Most recently they came out in favour of Trump and hosted a high-profile fund raiser for him. 

In part, says David Sacks, he supports Trump in this election because he wants to see “retribution” against the Dems, for their manifold Hoaxes. That’s how I feel. Big hoaxes: like the Russia collusion hoax, the Steele Dossier hoax, the Hunter Laptop is Russian disinformation hoax, the “fine people” hoax, the “drink bleach” hoax.... 

And the “Joe Biden is sharp as a tack” hoax, which was blown at the recent debate. 

Thay also have most interesting take on the recent elections in France. It’s not so much a shift to Socialism, says Sacks,  as it’s a manipulation (if legal) of the weird French voting system, to thwart the desires of the French people -- in this case to control illegal immigration.  Which Macron did by throwing his lot in with the far-left. 

“We voted to control immigration. We get communism”, says one French X post. “We can’t vote our way out of this.” 

There’s time stamps for all the topics discussed. 

(0:00) Bestie intros! (4:29) Macro picture: Soft landing secured? Rate cut on the horizon? Partisan economic perception (20:48) AI sentiment turns Bearish due to massive spend with little revenue (40:51) A16Z's 20K GPU cluster (46:41) Broad implications of France elections (1:06:10) Hot swap update: President Biden holds firm as backers flee, chaos in the press corps, speed-run primary chances