Trump's First Week: Inauguration Recap, Executive Actions, TikTok, Stargate + Sacks is Back!
- Jan 24, 2025
- 2:05:33
- Full Episode
(0:00) The Besties intro Thomas Laffont! (6:22) Behind the scenes: Inauguration Weekend recap! (15:58) Biggest takeaways from DC during the Inauguration (31:38) Trump Executive Action breakdown (33:39) TikTok's grace period, valuing the business, US new equity strategy? (57:01) Jan 6th pardons, birthright citizenship (1:09:49) Stargate: $500B AI investment, is Masa the GOAT?, bull case for OpenAI (1:23:41) How electricity production capacity plays into the global AI race (1:36:20) Netflix's stock rise correlates with some alarming societal trends (1:47:40) BREAKING: AI/Crypto Czar David Sacks joins to discuss the President's three new EOs
Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg
Follow Thomas Laffont: https://www.linkedin.com/in/thomas-laffont-02430914
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Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg
Intro Video Credit: https://x.com/TheZachEffect
Referenced in the show: https://x.com/dontcallmeraylo/status/1882444994264629402 https://x.com/craigkellyXXX/status/1882170281722339700 https://www.wdsu.com/article/donald-trump-executive-orders-inauguration-parade/63486993 https://www.whitehouse.gov/presidential-actions https://www.nytimes.com/2025/01/21/us/trump-birthright-citizenship.html https://constitution.congress.gov/constitution/amendment-14 https://avalon.law.yale.edu/18th_century/fed74.asp https://x.com/OpenAI/status/1881830103858172059 https://x.com/sama/status/1882106524090482701 https://x.com/GavinSBaker/status/1882081746877063677 https://x.com/elonmusk/status/1881923570458304780 https://x.com/elonmusk/status/1882303826214162580 https://x.com/satyanadella/status/1882340818289307954 https://x.com/GregKamradt/status/1881762305152872654 https://x.com/chamath/status/1881773205498876255 https://x.com/documentingbtc/status/1882530869010989287 https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology https://www.whitehouse.gov/presidential-actions/2025/01/removing-barriers-to-american-leadership-in-artificial-intelligence https://www.whitehouse.gov/presidential-actions/2025/01/presidents-council-of-advisors-on-science-and-technology https://www.goodreads.com/quotes/489251-in-this-age-in-this-country-public-sentiment-is-everything https://x.com/SpeakerJohnson/status/1882083118032846868
Brief Summary
The episode discusses the All In dinner, executive orders on AI and crypto, and insights from guest Thomas Leonti on tech industry dynamics.
Key points
- Fashion at the Crypto Ball. A recap of the stylish moments at the Crypto Ball, featuring notable attendees.
- Takeaways from the Weekend. Key insights from the weekend's events highlight the collaboration between business and government.
- Veterans' Budget Cuts Discussion. A significant shift in political discourse as discussions around veterans' budget cuts become more open and less taboo.
- The Value of Shares. The discussion revolves around the potential worth of shares and government involvement.
- Historical Business Deals. A comparison is made between past and present business deals and their implications.
- Government Stakes in Business. The idea of government taking stakes in successful businesses is debated.
Episode highlights
- Fashion at the Crypto BallA recap of the stylish moments at the Crypto Ball, featuring notable attendees.“I really brought the Heat!”7:17Jan 24, 2025
- Takeaways from the WeekendKey insights from the weekend's events highlight the collaboration between business and government.“America's G to basically turn a totally new page.”17:15Jan 24, 2025
- Veterans' Budget Cuts DiscussionA significant shift in political discourse as discussions around veterans' budget cuts become more open and less taboo.“These hard discussions are now happening and it's not taboo.”23:36Jan 24, 2025
- The Value of SharesThe discussion revolves around the potential worth of shares and government involvement.“Anything that's greater than zero is kind of better, right?”40:07Jan 24, 2025
- Historical Business DealsA comparison is made between past and present business deals and their implications.“If the French government had done a deal, they would have an extra $175 billion today.”46:57Jan 24, 2025
- Government Stakes in BusinessThe idea of government taking stakes in successful businesses is debated.“Why not have a small stake in the upside?”52:48Jan 24, 2025
- The Power of PardonDiscussion on the misuse of presidential pardons and their original intent.“It feels like an extraordinary injustice.”1:06:10Jan 24, 2025
- The Cost of ProgressSpending more on technology doesn't guarantee better results, especially in AI.“Spending more money doesn't necessarily get you further along if the goal is progress.”1:19:49Jan 24, 2025
