E47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom wins & more
- Sep 17, 2021
- 1:35:30
- Full Episode
Show Notes: 0:00 Besties intro, TPB Symposium recap, rapid generations in tech 7:00 UBI, incentives for success, social safety nets 19:45 Newsom's recall victory in California, where the GOP went wrong 33:59 Facebook's week from hell, Instagram's harmful impact on teen girls 42:42 How to properly regulate social media's impact on certain groups 1:04:46 Pentagon admits to killing 10 Afghan civilians (including seven children) in drone strike 1:07:17 Ellen Pao on sexism around the Elizabeth Holmes trial; Juicero, JUUL, and other male-led failures/frauds 1:25:54 Mailchimp sells for $12B, employees got no equity 1:29:43 AOC at the Met Gala
Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg
Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast
Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg
Intro Video Credit: https://twitter.com/TheZachEffect
Referenced in the show: https://www.usnews.com/news/health-news/articles/2021-02-16/as-social-media-time-rises-so-does-teen-girls-suicide-risk https://www.politico.com/news/magazine/2021/09/15/stolen-election-myth-gop-511988 https://www.wsj.com/articles/facebook-knows-instagram-is-toxic-for-teen-girls-company-documents-show-11631620739 https://www.publichealthlawcenter.org/topics/commercial-tobacco-control/commercial-tobacco-control-litigation/master-settlement-agreement https://twitter.com/DavidSacks/status/1438597853320908811 https://www.kff.org/wp-content/uploads/2020/08/Slide1.png https://www.bloomberg.com/news/features/2017-04-19/silicon-valley-s-400-juicer-may-be-feeling-the-squeeze https://scorpioncapital.s3.us-east-2.amazonaws.com/reports/BLI.pdf https://www.sec.gov/news/press-release/2021-176 https://www.sec.gov/news/press-release/2021-164 https://ag.ny.gov/press-release/2021/attorney-general-james-ends-virtual-currency-trading-platform-bitfinexs-illegal https://coingeek.com/tether-banned-on-canada-first-2-licensed-digital-currency-exchanges/ https://investors.intuit.com/news/news-details/2021/Intuit-to-Acquire-Mailchimp/default.aspx https://twitter.com/stoolpresidente/status/1437585404010582016 https://shop.ocasiocortez.com/collections/all/collections_-tax-the-rich?sort_by=manual https://www.bestiesapparel.com/
Brief Summary
The hosts discuss their live podcast experience, UBI implications, California politics, and social media's mental health impact.
Key points
- Live Podcast Event. The hosts reflect on their first live podcast event, noting the audience's mixed reactions.
- Startup Struggles. David Sacks discusses the harsh realities of creating a startup and the motivation behind it.
- Universal Basic Income Debate. Exploring the implications of universal basic income and its connection to job fulfillment.
- California Recall Election Insights. Analyzing the aftermath of the Newsom recall election and its implications for future politics.
- Facebook's Mental Health Impact. Revealing Facebook's internal research on Instagram's effects on teen mental health.
- Social Media vs. Cigarettes Debate. Is social media as harmful as smoking? The discussion raises eyebrows and questions.
Episode highlights
- Live Podcast EventThe hosts reflect on their first live podcast event, noting the audience's mixed reactions.“What the hell did we just show up to?”1:16Sep 17, 2021
- Startup StrugglesDavid Sacks discusses the harsh realities of creating a startup and the motivation behind it.“Creating a startup is like staring into the abyss and eating glass.”7:32Sep 17, 2021
- Universal Basic Income DebateExploring the implications of universal basic income and its connection to job fulfillment.“Coupling it to having to work or not work is the wrong way to figure this out.”19:37Sep 17, 2021
- California Recall Election InsightsAnalyzing the aftermath of the Newsom recall election and its implications for future politics.“Whenever you suffer a defeat, it's important to think about what went wrong.”22:31Sep 17, 2021
- Facebook's Mental Health ImpactRevealing Facebook's internal research on Instagram's effects on teen mental health.“We make body image issues worse for one in three teen girls.”35:04Sep 17, 2021
- Social Media vs. Cigarettes DebateIs social media as harmful as smoking? The discussion raises eyebrows and questions.“This idea that social media is as bad for you as cigarettes has been around for years.”38:30Sep 17, 2021
- The Impact of Social Media on YouthExploring the correlation between social media use and rising mental health issues among teens.“There are starting to show a correlation between suicide rates and depression in young kids.”52:52Sep 17, 2021
- The Dangers of Social Media for KidsA discussion on the impact of social media on minors and the need for regulations.“We need to do something different for kids.”1:02:31Sep 17, 2021
