All-In with Chamath, Jason, Sacks & Friedberg

(0:00) 黄仁勋加入《最佳拍档》！ (1:39) 对达里奥博客、前沿实验室呼吁放缓AI发展以及末日论心理学的看法 (9:58) 合理的AI监管与RSI (16:05) Hugging Face收购案、开源未来以及与中国竞争 (22:58) 特朗普总统现场连线讨论末日骗局 (31:29) AI热潮与英伟达资本配置策略 (40:21) 英伟达开源模型愿景，对埃隆·特雷法布的思考 感谢合作伙伴让这一切成为可能！ IREN是一家垂直整合的AI云平台，为AI训练和推理提供数据中心、算力和软件。https://iren.com/ Oracle连接数据、应用和基础设施，将AI转化为商业成果——随着AI发展，提供优化所需的灵活性、选择和控制力。http://oracle.com/ai 安永帮助科技初创企业从创业到退出再到巨头扩张。你构建未来，我们处理其余事务。http://www.ey.com Meta相信未来属于每个人。我们致力于为每个人提供实现全部潜力的工具，并确保技术惠及所有人。http://www.meta.com Keel Infrastructure拥有高性能计算和AI运行所需的电力、土地和连接——由北美各地安全能源资产和已建立的电网互联支持。https://keelinfra.com/ Airwallex——全球代理商业账户。在70多个国家开设本地账户，接收付款、赚取收益、全球支付并管理支出。http://airwallex.com PayPal已革新全球商业超过25年。创造创新体验，让资金流动、销售和购物变得简单、个性化和安全，PayPal赋能约200个市场的消费者和企业加入并繁荣于全球经济。更多信息请访问https://www.paypal.com Google for Startups将创始人与其所需的人员、产品和最佳实践联系起来，帮助初创企业更快构建、走得更远。https://startup.google.com/ 每周与查马斯一起在《与我共学》中探索值得理解的想法、行业和技术：https://research.socialcapital.com/allin 关注黄仁勋： https://x.com/JensenHuang 关注最佳拍档： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X平台： https://x.com/theallinpod 关注Instagram： https://www.instagram.com/theallinpod 关注TikTok： https://www.tiktok.com/@allin 关注LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频鸣谢： https://x.com/TheZachEffect

(0:00) 好兄弟开场！ (0:18) 拯救开源AI之战：Kimi K3恐慌，Anthropic/OpenAI监管俘获 (27:38) Anthropic/OpenAI历史性增长率，中国的长期博弈 (48:29) Anthropic 15亿美元盗版和解与巨大的知识产权盗窃伪善 (1:07:12) 谷歌和特斯拉因AI资本支出激增股价暴跌 (1:17:19) 社会主义角落："驱逐=暴力"与私有财产权威胁 申请参加2026年All-In峰会： https://allin.com/events 关注好兄弟： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X平台： https://x.com/theallinpod 关注Instagram： https://www.instagram.com/theallinpod 关注TikTok： https://www.tiktok.com/@allin 关注LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频鸣谢： https://x.com/TheZachEffect 节目中提及： https://artificialanalysis.ai/models/kimi-k3?intelligence=artificial-analysis-intelligence-index#intelligence-comparisons https://www.axios.com/2026/07/20/ai-us-china-open-source-kimi https://www.wired.com/story/the-white-house-is-trying-to-figure-out-what-to-do-about-chinese-ai https://x.com/mkratsios47/status/2079933645888880708 https://polymarket.com/event/us-government-bans-an-open-source-ai-model-in-2026-20260703221501747 https://fortune.com/2025/01/29/deepseek-openais-what-is-distillation-david-sacks https://stratechery.com/2026/whos-afraid-of-chinese-models https://x.com/CommerceGov/status/2080341953086886387 https://x.com/tickerplus/status/2080123562560504240 https://blog.tickertrends.io/p/anthropic-vs-openai-arr-tracking https://x.com/sama/status/2077817060068057493 https://www.reuters.com/world/us-judge-approves-anthropics-15-billion-settlement-copyright-lawsuit-2026-07-20 https://www.anthropic.com/news/detecting-and-preventing-distillation-attacks https://techstartups.com/2026/07/22/nearly-200-silicon-valley-startups-urge-trump-not-to-ban-chinese-ai-models-warn-it-could-kill-innovation https://x.com/typesfast/status/2080339052398891244 https://www.thefp.com/p/why-new-york-city-has-50000-ghost

(0:00) 好兄弟开场！ (1:32) 新AI监管提案：DeepMind的Demis Hassabis提议设立类似FINRA的机构 (20:01) Stripe、Block和Advent出价530亿美元收购PayPal (37:51) 苹果起诉OpenAI，指控其窃取商业机密 (42:49) Grok Build数据泄露、AI数据隐私、Tokenmaxxing更新、Mira Murati的新模型 (59:53) 纽约禁止数据中心，成为首个实施暂停令的州 (1:22:57) 科学角落：逆转衰老的新数据！ 领养狗狗Ronnie： https://www.instagram.com/reels/Da0pGahBwaW 申请2026年All-In峰会： https://allin.com/events 关注好兄弟： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X平台： https://x.com/theallinpod 关注Instagram： https://www.instagram.com/theallinpod 关注TikTok： https://www.tiktok.com/@theallinpod 关注LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频鸣谢： https://x.com/TheZachEffect 节目中提及： https://x.com/chamath/status/2077502408528212144 https://x.com/demishassabis/status/2076957440109625718 https://x.com/satyanadella/status/2076323181154230284 https://x.com/Jason/status/2076231055443440105 https://x.com/SquawkCNBC/status/2077741908391031246 https://thinkingmachines.ai/news/introducing-inkling https://www.politico.com/news/2026/07/15/inside-anthropics-state-by-state-plan-to-ratchet-up-ai-rules-00998415 https://x.com/politico/status/2077315780144996633 https://x.com/DavidSacks/status/1978145266269077891 https://www.reuters.com/business/finance/stripe-advent-offer-buy-paypal-more-than-53-billion-sources-say-2026-07-15 https://www.tipranks.com/news/the-fly/block-contributing-to-equity-for-paypal-takeover-bid-cnbc-says-thefly-news https://9to5mac.com/wp-content/uploads/sites/6/2026/07/Apple-Inc.-v.-Liu-et-al.pdf https://finance.yahoo.com/technology/ai/articles/apple-lawsuit-threatens-openais-hardware-215438163.html https://x.com/markgurman/status/2076306380583997665 https://www.engadget.com/2216186/elon-musk-bought-a-gas-turbine-company https://x.com/Reuters/status/2076957424339050839 https://x.com/teddyschleifer/status/2077596563380072694 https://x.com/teddyschleifer/status/2077606887055306879 https://openai.com/index/prc-linked-influence-operations-ai-debates https://www.politico.com/news/2026/06/10/openai-china-ai-data-centers-report-00957612 https://trends.google.com/explore?q=GMO%2C%2Fm%2F0dkz0z&date=2010-01-01%202026-07-15&geo=US https://www.nature.com/articles/s41467-026-75141-2

(0:00) AI建设：比城市还大的数据中心（安德鲁·费尔德曼） (1:50) 推理、推断与打破摩尔定律 (16:28) 开源、AI主权与通往AGI之路 (40:54) 生成式视频背后的创新（罗宾·龙巴赫） (47:31) 马丁·斯科塞斯、机器人以及好莱坞IP的未来 感谢我们的合作伙伴让这一切成为可能！ AppLovin广告 - AppLovin的AI广告平台覆盖移动游戏中超过十亿的日活跃用户。全屏视频广告的中位观看时长为35秒。广告商每天可盈利性地投入数十万美元，但广告商访问仍处于封闭测试阶段。窗口期开放于 https://applovin.com/ALLIN 纳斯达克 - 位于技术与资本市场的交汇点，纳斯达克凭借无与伦比的技术、洞察力和市场专业知识，为全球资本市场及其他领域提供顶级平台和服务。https://www.nasdaq.com/convergence-economy 关注安德鲁： https://x.com/andrewdfeldman 关注罗宾： https://x.com/robrombach 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X平台： https://x.com/theallinpod 关注Instagram： https://www.instagram.com/theallinpod 关注TikTok： https://www.tiktok.com/@allin 关注LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) Bestie intros! (0:11) Ken Griffin's AI bubble warning (8:19) Palo Alto Networks CEO Nikesh Arora joins (14:24) AI Cyber panic: PHP exploits and the tumultuous year ahead (44:17) France on the brink: Riots, immigration referendum, debt crisis (1:31:49) Trump's second half strategy, Press Secretary J-Cal? Follow Nikesh: https://x.com/nikesharora Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://www.bloomberg.com/news/articles/2026-10-20/ken-griffin-says-ai-almost-certainly-in-a-bubble-right-now https://x.com/chamath/status/2112757725369348417 https://abcnews.com/Technology/urgent-security-fix-issued-code-vital-estimated-70/story?id=137447718 https://thephp.foundation/blog/2026/10/21/todays-php-security-release-and-how-were-strengthening-php-security https://x.com/eastdakota/status/2113079352682570051 https://x.com/nsacyber/status/2112903220209098897 https://abliteration.ai https://www.nytimes.com/2026/10/21/world/europe/macron-trump-france-protests.html https://www.reuters.com/world/europe/french-10-year-bond-yields-hit-5-highest-since-2002-2026-10-21 https://www.wsj.com/finance/investing/french-government-bond-yields-rise-spread-widens-as-treasury-yields-fall-e67fc4cd https://x.com/visegrad24/status/2111542897598455888 https://polymarket.com/event/france-declares-state-of-emergency-byptptpt https://polymarket.com/event/moodys-or-sp-downgrades-france-byptptpt https://x.com/GOP_is_Gutless/status/2112157762981347373

(0:00) Arvind Krishna 与 Nikesh Arora 探讨量子计算对加密的威胁 (9:07) 开放权重模型 vs. 前沿AI模型 (18:07) AI与网络战 (21:14) AI监管与全球AI军备竞赛 (30:32) 垂直整合与软件整合 关注 Nikesh： https://x.com/nikesharora 关注 Arvind： https://x.com/ArvindKrishna 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注 X： https://x.com/theallinpod 关注 Instagram： https://www.instagram.com/theallinpod 关注 TikTok： https://www.tiktok.com/@allin 关注 LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐来源： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频来源： https://x.com/TheZachEffect #allin #tech #news

(0:00) Dylan Field 加入节目：Figma 的起源故事与使命 (3:16) Adobe 200亿美元交易被阻：反垄断斗争内幕 (12:29) AI 正在扼杀 SaaS？前沿公司 vs. Figma，“SaaS 末日” (18:52) AI 时代的创造力：为何品味与胆识胜出 (36:02) 人类自主性、AI 的承诺与未来走向 感谢合作伙伴的支持！ 随着财富增长，复杂性也在增加。在投资、税务策略和遗产规划之间协调，可能像一份全职工作。Creative Planning 可以帮助您分担重担。了解更多：https://CreativePlanning.com/AllIn The Conservation Fund 在全美50个州保护了超过900万英亩的土地，守护着我们珍爱的不可替代之地。了解更多：http://conservationfund.org 关注 Dylan： https://x.com/zoink 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注 X： https://x.com/theallinpod 关注 Instagram： https://www.instagram.com/theallinpod 关注 TikTok： https://www.tiktok.com/@allin 关注 LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐来源： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频来源： https://x.com/TheZachEffect #allin #tech #news

(0:00) 本·霍洛维茨替弗里德伯格代班！ (2:18) CoreWeave的债务抛售：AI泡沫刚刚破裂了吗？ (31:14) AI的通缩影响：软件反编译 (45:44) Anthropic的投资者日反应不一 (1:03:45) 心理战角落：Anthropic警告物联网设备上的自我复制模型 (1:22:19) 理解末日论者比尔·盖茨 关注本： https://x.com/bhorowitz 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X： https://x.com/theallinpod 关注Instagram： https://www.instagram.com/theallinpod 关注TikTok： https://www.tiktok.com/@allin 关注LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐来源： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频来源： https://x.com/TheZachEffect 节目中提及： https://x.com/chamath/status/2110128893680378299 https://www.google.com/finance/quote/CRWV:NASDAQ https://finance.yahoo.com/technology/article/yikes-coreweave-stock-tanks-on-bond-yield-woes-ceo-blames-market-acting-irrationally-203838274.html https://247wallst.com/investing/2026/10/14/coreweave-falls-10-as-bond-yield-touches-15-and-elon-musk-says-yikes-nebius-drops-6-oracle-slips https://polymarket.com/event/coreweave-announces-bankruptcy-by https://x.com/FearedBuck/status/2109443893955567694 https://polymarket.com/event/ipos-before-2027 https://www.bloomberg.com/news/articles/2026-10-14/anthropic-revenue-jumps-to-16-8-billion-in-quarter-before-ipo https://www.anthropic.com/research/self-replicating-ai https://www.anthropic.com/news/detecting-and-preventing-distillation-attacks https://x.com/DavidSacks/status/2109849209742450696 https://www.anthropic.com/research/distillation-defenses https://x.com/brian_armstrong/status/2109412046244913643

(0:00) 比利·埃文斯加入弗里德伯格 (3:38) 他们如何相识，伊丽莎白本人与新闻头条，起诉书 (11:02) 庭审中的生活，生育孩子，她在融资中哪里做错了 (19:28) 理解判决、量刑以及保持沉默的错误 (26:09) 伊丽莎白从监狱来电，她的狱中生活 (31:34) 他们为何同意拍内森·菲尔德的纪录片 (35:47) 回家之路，赔偿计算，为何他的新公司不是Theranos 2.0 感谢我们的合作伙伴让这一切成为可能！ IREN是一家垂直整合的AI云平台，为AI训练和推理提供数据中心、计算和软件。https://iren.com/ Oracle连接数据、应用程序和基础设施，将AI转化为业务成果——并提供随着AI发展而优化的灵活性、选择和控制。http://oracle.com/ai EY帮助科技创新者从初创公司发展到退出再到超级巨头。你构建未来。我们负责其余一切。http://www.ey.com Meta相信未来属于每个人。我们专注于为每个人提供发挥全部潜力的工具，并确保技术惠及所有人。http://www.meta.com Keel Infrastructure拥有高性能计算和AI所需的电力、土地和连接性——由北美地区安全的能源资产和已建立的电网互连提供支持。https://keelinfra.com/ Airwallex – 全球企业代理账户。在70多个国家开设本地账户，接受付款、赚取收益、全球支付和管理开支。http://airwallex.com PayPal推动全球商业变革已超过25年。通过创造让汇款、销售和购物变得简单、个性化和安全的创新体验，PayPal赋能约200个市场的消费者和企业参与并繁荣于全球经济。更多信息请访问 https://www.paypal.com Google for Startups为创始人连接合适的人、产品和最佳实践，帮助初创公司更快构建、走得更远。https://startup.google.com/ 每周与Chamath一起探索值得理解的思想、行业和技术，尽在Learn with Me：https://research.socialcapital.com/allin 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在X上关注： https://x.com/theallinpod 在Instagram上关注： https://www.instagram.com/theallinpod 在TikTok上关注： https://www.tiktok.com/@allin 在LinkedIn上关注： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) Martin Shkreli 加入 Besties！ (0:55) 为什么量子计算是单一业务，以及他为何赌其不会成功 (7:42) 大型制药公司售价过低的药物，以及他从对冲基金交易员到制药行业的历程 (11:37) 人工智能、药物发现，以及谁才是真正的赢家 (21:32) 才华与打破规则，天才陷阱，以及监狱教会他的事 感谢我们的合作伙伴让这一切成为可能！ IREN 是一个垂直整合的 AI 云平台，提供用于 AI 训练和推理的数据中心、计算和软件。 https://iren.com/ Oracle 连接数据、应用程序和基础设施，将 AI 转化为业务成果——随着 AI 的发展，提供灵活性、选择和掌控力以进行优化。 http://oracle.com/ai EY 帮助技术创新者从初创公司发展到退出再到巨头。你构建未来，我们处理其余。 http://www.ey.com Meta 相信未来属于每个人。我们专注于为每个人提供发挥全部潜力的工具，并确保技术的好处惠及所有人。 http://www.meta.com Keel Infrastructure 拥有高性能计算和 AI 运行所需的电力、土地和连接——由北美地区有保障的能源资产和既有的电网互连支持。 https://keelinfra.com/ Airwallex - 代理全球商业账户。在 70 多个国家/地区开设本地账户，以接受付款、赚取收益、全球支付和管理支出。 http://airwallex.com PayPal 25 多年来一直在全球范围内革新商业。创造创新的体验，使资金转移、销售和购物变得简单、个性化和安全，PayPal 赋能约 200 个市场的消费者和企业加入并繁荣于全球经济。更多信息，请访问 https://www.paypal.com Google for Startups 将创始人与合适的人员、产品和最佳实践联系起来，帮助初创公司更快构建并走得更远。 https://startup.google.com/ 每周与 Chamath 一起在 Learn with Me 上探索值得理解的创意、行业和技术： https://research.socialcapital.com/allin 关注 Besties： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注 X： https://x.com/theallinpod 关注 Instagram： https://www.instagram.com/theallinpod 关注 TikTok： https://www.tiktok.com/@allin 关注 LinkedIn： https://www.linkedin.com/company/allinpod Intro 音乐致谢： https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #tech #news

(0:00) Bestie intros! (2:53) Anthropic believes Claude might be conscious: a new religion? Lobbying the Pope, alignment risks, model welfare (38:28) OpenAI's math breakthroughs and community backlash (1:02:03) Riots in France, Friedberg's socialism metric, bond market (1:21:41) Grok Bot goes headless, OpenAI launches Dots, is IP worthless? Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://www.nytimes.com/2026/09/29/us/anthropic-claude-morals-ai.html https://www.anthropic.com/constitution https://x.com/andrewcurran_/status/2108244808494154089 https://www.economist.com/the-world-in-brief/2026/10/03/388af69b-8327-40a3-af5a-13c0ede56800 https://www.lesswrong.com/users/eliezer_yudkowsky https://www.amazon.com/Anyone-Builds-Everyone-Dies-Superhuman/dp/0316595640 https://en.wikipedia.org/wiki/Roko%27s_basilisk https://www.nytimes.com/2026/10/06/science/openai-math-problems.html https://www.scientificamerican.com/article/openai-unleashes-hundreds-more-math-results-upon-a-field-already-in-shock/ https://terrytao.wordpress.com/2026/10/07/ahm-statement-on-openais-october-6-release-of-mathematical-documents https://scottaaronson.blog/?p=10169 https://x.com/imjustnewatai/status/2107601711032373333 https://x.com/skdh/status/2107848423726555204 https://x.com/friedberg/status/2107856770609844491 https://www.dw.com/en/france-trade-unions-join-students-in-major-demonstration/a-79560273 https://www.nytimes.com/2026/10/02/world/europe/france-schools-protests-unrest.html https://www.nytimes.com/2026/10/08/business/france-bond-yields.html https://x.com/LucAuffret/status/2108217923101683737 https://polymarket.com/event/next-french-presidential-election https://polymarket.com/event/another-fed-rate-hike-in-2026 https://x.com/nikitabier/status/2108262529571144176

(0:00) Bestie 开场白！ (2:01) Trump的超级智能峰会：幕后故事以及该协议的起草与签署过程 (17:57) 网络安全军备竞赛、数据中心的国家安全、America.gov、协调一致的末日论宣传 (45:22) 近期经济数据：GDP、就业、柴油、通胀、利率、制造业、贫困等 (1:00:24) 中期选举预测，2028年展望 (1:09:28) 媒体对未遂恐怖劫机事件的报道 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在 X 上关注： https://x.com/theallinpod 在 Instagram 上关注： https://www.instagram.com/theallinpod 在 TikTok 上关注： https://www.tiktok.com/@allin 在 LinkedIn 上关注： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频鸣谢： https://x.com/TheZachEffect 节目中提到的链接： https://x.com/WhiteHouse/status/2105292669303791687 https://www.wsj.com/economy/the-ai-build-out-is-becoming-the-biggest-economic-bet-in-u-s-history-c60716dd https://www.reuters.com/world/us/us-second-quarter-gdp-revised-higher-amid-robust-consumer-spending-2026-09-30 https://www.atlantafed.org/research-and-data/data/gdpnow https://www.bls.gov/opub/ted/2026/payroll-employment-rose-162000-in-august-2026.htm https://www.wsj.com/opinion/u-s-economy-gdp-commerce-upward-revision-aee8692e https://www.investing.com/news/economic-indicators/chicago-pmi-surges-signals-robust-manufacturing-expansion-93CH4925362 https://www.reuters.com/markets/us/us-inflation-rises-less-than-expected-august-consumer-spending-surges-2026-09-30 https://www.theguardian.com/business/2026/oct/01/crude-oil-exports-strait-of-hormuz-transport-gulf-region-diesel https://polymarket.com/predictions/midterms https://x.com/OliaOnX/status/2105333178814832963 https://x.com/NYTimesPR/status/2105328158379856153

(0:00) 杰克·保罗加入查马斯！ (6:41) 将观众转化为商业，拳击策略与进军UFC (11:54) 注意力作为资本，不带名人标签的投资，以及为何政治是下一步 (20:46) 德鲁·塔加特与亚历克斯·帕尔加入好兄弟团！ (30:35) 从艺术家到投资者：挑选交易，扮演第六人，以及名气能买到什么 (37:33) 给知名投资者的建议：名气是助力还是阻碍，以及非显而易见的赌注 (46:10) 乘胜追击，向投资者返还现金，以及识别泡沫行为 感谢我们的合作伙伴让这一切成为可能！ IREN 是一个垂直整合的AI云平台，为AI训练和推理提供数据中心、计算和软件。https://iren.com/ Oracle 连接数据、应用和基础设施，将AI转化为业务成果——随着AI的发展，提供灵活性、选择和控制以进行优化。http://oracle.com/ai EY 帮助科技创新者从初创到退出再到巨头。你构建未来。我们处理其余部分。http://www.ey.com Meta 相信未来属于每个人。我们专注于为每个人提供发挥全部潜力的工具，并确保技术的好处惠及所有人。http://www.meta.com Keel Infrastructure 拥有HPC和AI运行所需的电力、土地和连接——由北美范围内的安全能源资产和已建立的电网互联支持。https://keelinfra.com/ Airwallex - 代理全球商业账户。在70多个国家开设本地账户，接受付款、赚取收益、全球支付和管理支出。http://airwallex.com PayPal 25多年来一直在全球范围内革新商业。创造创新体验，使转账、销售和购物变得简单、个性化和安全，PayPal 赋能约200个市场的消费者和企业加入并繁荣于全球经济。更多信息，请访问 https://www.paypal.com Google for Startups 将创始人与合适的人、产品和最佳实践联系起来，帮助初创企业更快构建并走得更远。https://startup.google.com/ 每周与查马斯一起在《Learn with Me》中探索值得理解的创意、行业和技术：https://research.socialcapital.com/allin 关注好兄弟团： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在X上关注： https://x.com/theallinpod 在Instagram上关注： https://www.instagram.com/theallinpod 在TikTok上关注： https://www.tiktok.com/@allin 在LinkedIn上关注： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #科技 #新闻

(0:00) 丹尼尔·埃克加入Besties！ (1:14) 创立Spotify：战胜盗版，用自有资金押注唱片公司 (6:10) Neko Health：医疗领域的Spotify策略，499美元全身扫描，以及美国医疗为何非要等到你生病才行动 (36:04) AI：科技界未能很好地推销其益处，开源与闭源模型之争，以及计算力的监管 (44:24) 回到Spotify：播客开放标准与Stardoll创业故事 感谢合作伙伴们的支持！ 财富增长，复杂性也随之增加。在投资、税务策略和遗产规划之间协调，感觉就像一份全职工作。Creative Planning可以帮助你处理这些繁重工作。https://ad.doubleclick.net/ddm/trackclk/N2598215.3565131ALLIN/B36182939.452362736;dc_trk_aid=646454825;dc_trk_cid=260464105;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;ltd=;dc_tdv=1 正在创业？Northwest Registered Agent提供你所需的一切，帮助你建立完整的商业身份，包括免费工具和内置隐私保护。了解更多：https://www.northwestregisteredagent.com/ALLINFREE 关注Besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X: https://x.com/theallinpod 关注Instagram: https://www.instagram.com/theallinpod 关注TikTok: https://www.tiktok.com/@allin 关注LinkedIn: https://www.linkedin.com/company/allinpod 开场音乐鸣谢: https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频鸣谢: https://x.com/TheZachEffect #allin #tech #news

(0:00) Bestie Intros: Favorite All-In Summit moments (3:54) Reacting to AI chaos: Liability, competition, and rebranding frontier "labs" (20:03) Open Source performance and cost: What this means for frontier companies (29:22) Anthropic and OpenAI postpone IPOs: liquidity risk and open source pressure (53:11) Political reactions to "Pacing the Frontier": Bernie's AI ban, Trump, Bessent, Obama (1:07:58) Meta launches Muse, AI "alignment," Oracle's Force Majeure (1:27:13) Anthropic's bio research and "wet lab" in SF Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://www.deepseek.com/en/news/deepseek-v4-1-flash https://x.com/XiaomiMiMo/status/2102138559952290106 https://x.com/0x0SojalSec/status/2101738277049131358 https://prismml.com https://x.com/SenSanders/status/2102827319123693689 https://x.com/yipitdata/status/2102781268974793023 https://fortune.com/2026/09/12/sam-altman-openai-ipo-delay-ill-advised-moment-safety-concerns/ https://www.wsj.com/tech/ai/anthropic-shifts-planned-ipo-to-november-8874dffc https://polymarket.com/event/ipos-before-2027 https://www.theinformation.com/articles/anthropic-seeks-palantir-style-voting-control-seven-co-founders-ahead-ipo https://x.com/rauchg/status/2101186741042663579 https://www.anthropic.com/constitution https://www.wsj.com/economy/the-ai-build-out-is-becoming-the-biggest-economic-bet-in-u-s-history-c60716dd https://x.com/mustafasuleyman/status/2100223594534150428 https://freebeacon.com/america/suicidal-compassion-meet-the-anthropic-officials-who-think-ai-might-be-justified-in-going-rogue-against-the-humans-enslaving-it https://www.anthropic.com/news/claude-discovers-novel-enzyme-system

(0:00) Luca Ferrari 加入 Besties！ (1:56) 闯入一家AI初创公司、4万美元的重新起步，以及购买产品市场契合度 (4:59) 自研技术栈、精简团队，以及10分满分标准 (9:55) 债务作为加速器、利率上升会怎样，以及还有谁在竞标 (14:58) 交易台内幕：收购什么、为什么不自建，以及创始人问题 (20:22) 从米兰打造科技巨头、欧洲人才库，以及局外人优势 感谢我们的合作伙伴让这一切成为可能！ IREN 是一个垂直整合的AI云平台，提供数据中心、算力以及用于AI训练和推理的软件。 https://iren.com/ Oracle 连接起将AI转化为商业成果所需的数据、应用和基础设施——并随着AI的演进提供优化所需的灵活性、选择和控制力。 http://oracle.com/ai EY 帮助科技创新者完成从初创、退出到巨头的规模化成长。你构建未来，其余交给我们。 http://www.ey.com Meta 相信未来属于每个人。我们专注于为每个人提供发挥全部潜力的工具，并确保技术的益处惠及所有人。 http://www.meta.com Keel Infrastructure 拥有HPC和AI所依赖的电力、土地与连接——以北美各地有保障的能源资产和成熟的电网互联为支撑。 https://keelinfra.com/ Airwallex - 智能全球企业账户。在70多个国家开设本地账户，以接收付款、赚取收益、全球支付并管理支出。 http://airwallex.com PayPal 25多年来一直在全球范围内革新商业。通过创造创新体验，让资金流动、销售和购物变得简单、个性化和安全，PayPal 赋能约200个市场的消费者和企业参与并在全球经济中蓬勃发展。如需了解更多信息，请访问 https://www.paypal.com Google for Startups 将创始人与合适的人脉、产品和最佳实践连接起来，帮助初创企业更快构建、走得更远。 https://startup.google.com/ 每周在 Learn with Me 上跟随 Chamath 探索值得理解的创意、行业和技术： https://research.socialcapital.com/allin 关注 Besties： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在 X 上关注： https://x.com/theallinpod 在 Instagram 上关注： https://www.instagram.com/theallinpod 在 TikTok 上关注： https://www.tiktok.com/@allin 在 LinkedIn 上关注： https://www.linkedin.com/company/allinpod 开场音乐致谢： https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #tech #news

(0:00) 史蒂夫·希尔顿加入Besties！ (3:53) 一党统治如何破坏了这个州，监管膨胀以及谁真正制定了法律 (12:09) 胜利之路：可说服的选民、生活成本议题以及对贝塞拉的指控 (21:46) 斯宾塞·普拉特加入：传递的信息以及洛杉矶的竞选翻转 (26:58) 近距离观察这座城市：公园、小企业以及规则实际上奖励了谁 (36:54) 选票收集、选民身份验证以及系统是被操纵还是合法 (47:13) 帕利塞兹：空水库、起诉州政府以及斯宾塞的下一步 感谢我们的合作伙伴让这一切成为可能！ IREN 是一个垂直整合的AI云平台，提供数据中心、计算和软件用于AI训练和推理。 https://iren.com/ Oracle 连接数据、应用程序和基础设施，将AI转化为商业成果——随着AI的发展，提供灵活性、选择和掌控力以进行优化。 http://oracle.com/ai EY 帮助技术创新者从初创到退出再到巨头。你构建未来，我们处理其余。 http://www.ey.com Meta 相信未来属于每个人。我们专注于为每个人提供发挥全部潜力的工具，并确保技术的好处惠及所有人。 http://www.meta.com Keel Infrastructure 拥有高性能计算和AI运行所需的电力、土地和连接——由北美范围内的安全能源资产和已建立的电网互连支持。 https://keelinfra.com/ Airwallex - 代理全球商业账户。在70多个国家开设本地账户，接受付款、赚取收益、全球支付和管理支出。 http://airwallex.com PayPal 25多年来一直在全球范围内革新商业。创造创新的体验，使资金转移、销售和购物变得简单、个性化且安全，PayPal 赋能约200个市场的消费者和企业加入并在全球经济中蓬勃发展。更多信息，请访问 https://www.paypal.com Google for Startups 将创始人与合适的人、产品和最佳实践联系起来，帮助初创公司更快构建并走得更远。 https://startup.google.com/ 每周与查马斯一起探索值得理解的创意、行业和技术，在《Learn with Me》中：https://research.socialcapital.com/allin 关注Besties： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在X上关注： https://x.com/theallinpod 在Instagram上关注： https://www.instagram.com/theallinpod 在TikTok上关注： https://www.tiktok.com/@allin 在LinkedIn上关注： https://www.linkedin.com/company/allinpod 片头音乐致谢： https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #tech #news

(0:00) Welcome Blake Scholl! (5:11) Solving the sonic boom & legalizing supersonic flight (7:59)  The pivot to powering data centers (10:38) Jason joins: data center demand, private jets & what winning looks like Thanks to our partners for making this possible! IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. https://iren.com/ Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. http://oracle.com/ai EY helps tech innovators scale from startup to exit to megacap. You build the future. We'll handle the rest. http://www.ey.com Meta believes the future is for everyone. We're focused on giving every person the tools to reach their full potential and making sure the benefits of technology are distributed to all. http://www.meta.com Keel Infrastructure owns the power, land, and connectivity that HPC and AI run on - backed by secured energy assets and established grid interconnections across North America. https://keelinfra.com/ Airwallex - Agentic Global Business Accounts. Open local accounts in 70+ countries to accept payments, earn yield, pay globally, and manage spend. http://airwallex.com PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com Google for Startups connects founders with the right people, products, and best practices to help startups build faster and go further. https://startup.google.com/ Explore ideas, industries, and technologies worth understanding with Chamath every week on Learn with Me: https://research.socialcapital.com/allin Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #tech #news

(0:00) 欢迎 Naveen Rao (4:45) 能源真的是问题吗？Token的成本、电力合同以及需要弥合的差距 (10:24) 砍掉中间商：抽象、动态系统与一种新型机器 (19:46) Chamath 加入：产品路径、移植现有模型以及组建团队 感谢我们的合作伙伴让这一切成为可能！ IREN 是一家垂直整合的AI云平台，提供数据中心、计算和软件，用于AI训练和推理。https://iren.com/ Oracle 连接数据、应用程序和基础设施，将AI转化为业务成果——提供灵活性、选择和可控性，以随AI发展而优化。http://oracle.com/ai EY 帮助科技创新者从初创企业走向上市再到巨头。你构建未来，我们负责其余的一切。http://www.ey.com Meta 相信未来属于每一个人。我们专注于为每个人提供实现其全部潜力的工具，并确保技术的好处惠及所有人。http://www.meta.com Keel Infrastructure 拥有高性能计算和AI运行所需的电力、土地和连接——由北美地区 secured 能源资产和已建立的电网互连支持。https://keelinfra.com/ Airwallex —— 代理型全球商业账户。在70多个国家开设本地账户，以接收付款、赚取收益、全球支付和管理开支。http://airwallex.com PayPal 25年多来一直在革新全球商业。通过创造让移动资金、销售和购物变得简单、个性化和安全的创新体验，PayPal 赋能约200个市场的消费者和企业参与并繁荣于全球经济。更多信息请访问 https://www.paypal.com Google for Startups 将创始人与合适的人才、产品和最佳实践连接起来，帮助初创企业更快地构建并走得更远。https://startup.google.com/ 与 Chamath 一起每周在《与我一起学习》中探索值得理解的思想、行业和技术：https://research.socialcapital.com/allin 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在X上关注我们： https://x.com/theallinpod 在Instagram上关注我们： https://www.instagram.com/theallinpod 在TikTok上关注我们： https://www.tiktok.com/@allin 在LinkedIn上关注我们： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #tech #news

(0:00) Adam Foroughi 加入 Besties！ (3:07) 发现式推荐与搜索对比，以及你的手机是否在监听？ (10:04) IPO暴跌，以及成为自己最好的投资者 (16:00) 隐私规则、苹果的打击行动，以及智能代理如何改变人们的购物方式 (20:00) 精简团队如何击败巨头、利润率护城河，以及在中国布局 感谢我们的合作伙伴让这一切成为可能！ IREN 是一个垂直整合的AI云平台，提供数据中心、计算和软件，用于AI训练和推理。 https://iren.com/ Oracle 连接数据、应用和基础设施，将AI转化为商业成果——随着AI的发展，提供灵活性、选择和控制力以进行优化。 http://oracle.com/ai EY 帮助科技创新者从初创到退出再到巨头企业实现规模化。你建设未来，我们处理其余。 http://www.ey.com Meta 相信未来属于每一个人。我们致力于为每个人提供发挥全部潜力的工具，并确保技术的惠益惠及所有人。 http://www.meta.com Keel Infrastructure 拥有支持高性能计算和AI运行的电力、土地和连接基础设施——以北美各地有保障的能源资产和成熟的电网互联为后盾。 https://keelinfra.com/ Airwallex - 智能代理全球企业账户。在70多个国家开设本地账户，接收付款、赚取收益、全球支付和管理支出。 http://airwallex.com PayPal 25年多来一直在全球革新商业。通过创造创新体验，让资金转移、销售和购物变得简单、个性化和安全，PayPal 赋能约200个市场的消费者和企业参与并繁荣于全球经济。更多信息，请访问 https://www.paypal.com Google for Startups 将创始人与合适的人脉、产品和最佳实践连接起来，帮助初创企业更快建设、走得更远。 https://startup.google.com/ 每周在 Learn with Me 节目中与 Chamath 一起探索值得理解的想法、行业和技术： https://research.socialcapital.com/allin 关注 Besties： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在 X 上关注： https://x.com/theallinpod 在 Instagram 上关注： https://www.instagram.com/theallinpod 在 TikTok 上关注： https://www.tiktok.com/@allin 在 LinkedIn 上关注： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #tech #news

(0:00) Bill Gurley takes the stage at the All-In Summit (1:29) Bill's Presentation: Searching for Feynman Links to additional resources mentioned in talk and used in research: https://www.p3.institute/searching_for_feynman_resource_links.html Thanks to our partners for making this possible! IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. https://iren.com/ Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. http://oracle.com/ai EY helps tech innovators scale from startup to exit to megacap. You build the future. We'll handle the rest. http://www.ey.com Meta believes the future is for everyone. We're focused on giving every person the tools to reach their full potential and making sure the benefits of technology are distributed to all. http://www.meta.com Keel Infrastructure owns the power, land, and connectivity that HPC and AI run on - backed by secured energy assets and established grid interconnections across North America. https://keelinfra.com/ Airwallex - Agentic Global Business Accounts. Open local accounts in 70+ countries to accept payments, earn yield, pay globally, and manage spend. http://airwallex.com PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com Google for Startups connects founders with the right people, products, and best practices to help startups build faster and go further. https://startup.google.com/ Explore ideas, industries, and technologies worth understanding with Chamath every week on Learn with Me: https://research.socialcapital.com/allin Follow Bill: https://x.com/bgurley Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) NASA局长Jared Isaacman阐述NASA的现状与未来 (17:59) 月球基地、创造新太空产业、NASA的下一个篇章 (23:29) 如何让火星计划成为现实 (25:30) 人才招募、登月计划、“核动力NASA”、新航天器及人类在太空中的重要性 (32:43) 将资本配置到科学发现与深空研究 (35:46) 太空竞赛2.0：中国与俄罗斯 感谢我们的合作伙伴让这一切成为可能！ IREN是一家垂直整合的AI云平台，提供用于AI训练和推理的数据中心、算力和软件。  https://iren.com Oracle连接数据、应用和基础设施，将AI转化为商业成果——随着AI的发展，提供灵活性、选择性和控制力来优化。 http://oracle.com/ai EY帮助科技创新者从初创公司发展到退出再到大型企业。你们构建未来，我们处理其余部分。 http://www.ey.com Meta相信未来属于每个人。我们专注于为每个人提供发挥全部潜力的工具，并确保技术的好处惠及所有人。 http://www.meta.com Keel Infrastructure拥有HPC和AI运行所需的电力、土地和连接——由北美范围内的安全能源资产和现有电网互连支持。 https://keelinfra.com/ Airwallex——智能全球商业账户。在70多个国家开设本地账户，接收付款、赚取收益、全球支付和管理支出。 http://airwallex.com PayPal在过去25多年里一直在革新全球商业。通过创造让货币转移、销售和购物变得简单、个性化和安全的创新体验，PayPal赋能约200个市场的消费者和企业参与并繁荣于全球经济。更多信息，请访问 https://www.paypal.com Google for Startups将创始人与人、产品和最佳实践联系起来，帮助初创企业更快构建、走得更远。 https://startup.google.com/ 每周与Chamath一起探索值得理解的想法、行业和技术，尽在Learn with Me： https://research.socialcapital.com/allin 关注Jared Isaacman： https://x.com/rookisaacman https://x.com/NASAAdmin 关注四位好友： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X账号： https://x.com/theallinpod 关注Instagram： https://www.instagram.com/theallinpod 关注TikTok： https://www.tiktok.com/@allin 关注LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) Nick Shirley debuts his new video: "Inside California's High Speed Rail to Nowhere" (11:42) Nick joins The Besties to discuss California's "Stop Nick Shirley Act" and recent fraud arrests (17:03) How he got into investigative journalism and finding fraud (23:32) Selective journalism and why Nick is a major threat to mainstream outlets (27:34) What's next for Nick: Investigating welfare fraud, building his platform Thanks to our partners for making this possible! IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. https://iren.com/ Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. http://oracle.com/ai EY helps tech innovators scale from startup to exit to megacap. You build the future. We'll handle the rest. http://www.ey.com Meta believes the future is for everyone. We're focused on giving every person the tools to reach their full potential and making sure the benefits of technology are distributed to all. http://www.meta.com Keel Infrastructure owns the power, land, and connectivity that HPC and AI run on - backed by secured energy assets and established grid interconnections across North America. https://keelinfra.com/ Airwallex - Agentic Global Business Accounts. Open local accounts in 70+ countries to accept payments, earn yield, pay globally, and manage spend. http://airwallex.com PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com Google for Startups connects founders with the right people, products, and best practices to help startups build faster and go further. https://startup.google.com/ Explore ideas, industries, and technologies worth understanding with Chamath every week on Learn with Me: https://research.socialcapital.com/allin Follow Nick Shirley: https://x.com/nickshirleyy https://www.youtube.com/@NickShirley Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) Dina Powell McCormick joins The Besties! (1:52) Impact of Meta's data center in Richland Parish, LA: $50K teacher checks, revitalizing a small town community (11:52) How Meta is alleviating data center concerns: pollution, electricity, water, noise, aesthetics; Misinformation campaigns (19:57) America's Workforce Academy, the job growth in re-industrializing America (26:58) Meta's recent social media settlement, new rules for teens (35:25) Meta glasses and Zuck's AI strategy Thanks to our partners for making this possible! IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. https://iren.com/ Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. http://oracle.com/ai EY helps tech innovators scale from startup to exit to megacap. You build the future. We'll handle the rest. http://www.ey.com Meta believes the future is for everyone. We're focused on giving every person the tools to reach their full potential and making sure the benefits of technology are distributed to all. http://www.meta.com Keel Infrastructure owns the power, land, and connectivity that HPC and AI run on - backed by secured energy assets and established grid interconnections across North America. https://keelinfra.com/ Airwallex - Agentic Global Business Accounts. Open local accounts in 70+ countries to accept payments, earn yield, pay globally, and manage spend. http://airwallex.com PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com Google for Startups connects founders with the right people, products, and best practices to help startups build faster and go further. https://startup.google.com/ Explore ideas, industries, and technologies worth understanding with Chamath every week on Learn with Me: https://research.socialcapital.com/allin Follow Dina: https://x.com/DinaPowellMcC Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) 欢迎Brad Gerstner！ (1:01) Trump账户、每个孩子都是资本家与CAC扫描 (5:07) AI收入能覆盖资本支出吗？ (8:53) 建设问题：千兆瓦、TAM、代币增长与利润率扩张 (12:30) 风险：AI监管、核能先例、电力限制与利率上升 感谢我们的合作伙伴让这一切成为可能！ IREN是一个垂直整合的AI云平台，提供数据中心、计算和软件，用于AI训练和推理。 https://iren.com Oracle连接数据、应用程序和基础设施，将AI转化为业务成果——随着AI的发展，提供灵活性、选择和控制以进行优化。 http://oracle.com/ai EY帮助科技创新者从初创公司发展到退出直至巨头。你构建未来，其他交给我们。 http://www.ey.com Meta相信未来属于每个人。我们专注于为每个人提供发挥其全部潜力的工具，并确保技术惠及所有人。 http://www.meta.com Keel Infrastructure拥有HPC和AI运行所需的电力、土地和连接——由北美范围内的安全能源资产和已建立的电网互连支持。 https://keelinfra.com/ Airwallex - 自主全球商业账户。在70多个国家开设本地账户，接受付款、赚取收益、全球支付和管理支出。 http://airwallex.com PayPal革新全球商业已超过25年。通过创造创新的体验，使资金流动、销售和购物变得简单、个性化和安全，PayPal赋能约200个市场的消费者和企业加入并繁荣于全球经济。欲了解更多信息，请访问 https://www.paypal.com Google for Startups将创始人与人脉、产品和最佳实践连接起来，帮助初创公司更快构建、走得更远。 https://startup.google.com/ 每周与Chamath一起在《与我学习》中探索值得了解的理念、行业和技术：https://research.socialcapital.com/allin 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在X上关注：https://x.com/theallinpod 在Instagram上关注：https://www.instagram.com/theallinpod 在TikTok上关注：https://www.tiktok.com/@allin 在LinkedIn上关注：https://www.linkedin.com/company/allinpod 介绍音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) VP JD Vance 加入 The Besties！ (1:40) 评估特朗普政府至今的表现：边境管控、再工业化、通货膨胀、伊朗、政府债务、反欺诈 (9:28) 人工智能方法：应对末日论、“弗兰肯斯坦”和人工智能负面情绪 (16:23) H-1B 签证滥用及联邦支出中超过 1 万亿美元的欺诈 (21:48) 与以色列的关系、理性的外交政策 (25:19) JD Vance 的中期选举信息 感谢我们的合作伙伴使这一切成为可能！ IREN 是一个垂直整合的人工智能云平台，提供用于人工智能训练和推理的数据中心、计算和软件。https://iren.com/ Oracle 连接数据、应用程序和基础设施，将人工智能转化为业务成果——随着人工智能的发展，提供灵活性、选择和控制的优化。http://oracle.com/ai EY 帮助技术创新者从初创公司发展到退出再到巨头。你构建未来。我们处理其余的事情。http://www.ey.com Meta 相信未来属于每个人。我们专注于为每个人提供发挥其全部潜力的工具，并确保技术的好处惠及所有人。http://www.meta.com Keel Infrastructure 拥有高性能计算和人工智能运行所需的电力、土地和连接——由北美地区安全的能源资产和既定的电网互连支持。https://keelinfra.com/ Airwallex - 自主全球商业账户。在 70 多个国家开设本地账户，接受付款、赚取收益、全球支付和管理支出。http://airwallex.com PayPal 25 多年来一直在全球范围内革新商业。创造创新的体验，使资金转移、销售和购物变得简单、个性化且安全，PayPal 赋能约 200 个市场的消费者和企业加入并繁荣于全球经济。更多信息，请访问 https://www.paypal.com Google for Startups 将创始人与合适的人员、产品和最佳实践联系起来，帮助初创公司更快构建并走得更远。https://startup.google.com/ 每周与 Chamath 一起在 Learn with Me 上探索值得理解的想法、行业和技术：https://research.socialcapital.com/allin 关注副总统 Vance： https://x.com/JDVance 关注 besties： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注 X： https://x.com/theallinpod 关注 Instagram： https://www.instagram.com/theallinpod 关注 TikTok： https://www.tiktok.com/@allin 关注 LinkedIn： https://www.linkedin.com/company/allinpod 片头音乐致谢： https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) Satya Nadella 加入 The Besties！ (0:55) Dario 的博客“前沿节奏”，常识性 AI 安全 (6:28) AI CEO 信息传递的失败，监控代理，放缓对新的 AI 产品意味着什么？ (14:22) 前沿实验室悲观主义的经济激励，AI 利润所在 (22:45) 微软的 AI 总体规划，他们如何分配资金 (31:00) 中国的放缓，AI 认知的变化，数据中心的好处 感谢我们的合作伙伴使之成为可能！ IREN 是一个垂直整合的 AI 云平台，为 AI 训练和推理提供数据中心、计算和软件。https://iren.com/ Oracle 连接数据、应用程序和基础设施，将 AI 转化为业务成果——随着 AI 的演变提供灵活性、选择和优化控制。http://oracle.com/ai EY 帮助技术创新者从初创到退出再到大型股扩展。你构建未来。我们处理其余。http://www.ey.com Meta 相信未来属于每个人。我们专注于给每个人提供工具以发挥他们的全部潜力，并确保技术的好处惠及所有人。http://www.meta.com Keel Infrastructure 拥有 HPC 和 AI 运行所需的电力、土地和连接——由北美地区安全的能源资产和已建立的电网互连支持。https://keelinfra.com/ Airwallex - 代理全球商业账户。在 70 多个国家开设本地账户以接受付款、赚取收益、全球支付并管理支出。http://airwallex.com PayPal 在过去 25 多年里一直在全球革新商业。创造简单的、个性化的、安全的移动资金、销售和购物的创新体验，PayPal 赋能约 200 个市场的消费者和企业加入并繁荣于全球经济。更多信息，请访问 https://www.paypal.com Google for Startups 将创始人链接到合适的人、产品和最佳实践，帮助初创企业构建更快、走得更远。https://startup.google.com/ 每周与 Chamath 一起探索值得理解的想法、行业和技术，尽在 Learn with Me：https://research.socialcapital.com/allin 关注 Satya： https://x.com/satyanadella 关注伙伴们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在 X 上关注： https://x.com/theallinpod 在 Instagram 上关注： https://www.instagram.com/theallinpod 在 TikTok 上关注： https://www.tiktok.com/@allin 在 LinkedIn 上关注： https://www.linkedin.com/company/allinpod 介绍音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg

(0:00) SpaceX's Gwynne Shotwell joins The Besties! (1:45) Gwynne's SpaceX story, selling rockets, and working for Elon (6:45) Running modern day SpaceX: AI, Starlink, Rockets, and X (13:43) Direct to cell with Starlink, retiring rockets, competition (18:34) Data centers in space (22:00) Management at SpaceX (27:37) Elon Musk joins: AI's real risk, model peer review, what he meant by "Dario is right" (36:53) Elon and Gwynne on their working relationship, Starship's future (46:16) Terafab, Tesla, Flying cars?, merging Tesla and SpaceX (52:51) Lying AIs, how to do AI peer review right Thanks to our partners for making this possible! IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. https://iren.com/ Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. http://oracle.com/ai EY helps tech innovators scale from startup to exit to megacap. You build the future. We'll handle the rest. http://www.ey.com Meta believes the future is for everyone. We're focused on giving every person the tools to reach their full potential and making sure the benefits of technology are distributed to all. http://www.meta.com Keel Infrastructure owns the power, land, and connectivity that HPC and AI run on - backed by secured energy assets and established grid interconnections across North America. https://keelinfra.com/ Airwallex - Agentic Global Business Accounts. Open local accounts in 70+ countries to accept payments, earn yield, pay globally, and manage spend. http://airwallex.com PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com Google for Startups connects founders with the right people, products, and best practices to help startups build faster and go further. https://startup.google.com/ Explore ideas, industries, and technologies worth understanding with Chamath every week on Learn with Me: https://research.socialcapital.com/allin Follow Gwynne: https://x.com/Gwynne_Shotwell Follow Elon: https://x.com/elonmusk Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@allin Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect

(0:00) 好友介绍！ (0:35) AI末日：合理的担忧还是悲观者的心理战？ (33:40) 为AI末日场景辩护及其对Anthropic IPO的影响 (58:45) OpenAI称解决了200年数学难题，但它是否利用用户数据抢先交易？ (1:19:55) Nike股价暴跌80%后被剔除出标普100指数：出了什么问题？ 关注好友： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 在X上关注： https://x.com/theallinpod 在Instagram上关注： https://www.instagram.com/theallinpod 在TikTok上关注： https://www.tiktok.com/@allin 在LinkedIn上关注： https://www.linkedin.com/company/allinpod 开场音乐来源： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频来源： https://x.com/TheZachEffect 节目中提及： https://x.com/hilbertspaess/status/2097476196791709843 https://x.com/EvanHub/status/2097497037956891126 https://x.com/BernieSanders/status/2097705093520863568 https://x.com/GovPritzker/status/2097715871309312220 https://x.com/DavidSacks/status/2097861539491463331 https://www.youtube.com/watch?v=e_ZDQKq2F08 https://x.com/DavidSacks/status/2097861539491463331 https://polymarket.com/event/ipos-before-2027 https://x.com/bgurley/status/2097690522437444050 https://x.com/polynoamial/status/2097381286193316203 https://x.com/OpenAI/status/2097374640582668336 https://x.com/OpenAI/status/2097375276384567642 https://finance.yahoo.com/markets/stocks/articles/nike-loses-spot-p-100-120000497.html https://x.com/libsoftiktok/status/2096970501017010461 https://x.com/spencerpratt/status/2096390079132360936 https://x.com/DrEliDavid/status/2096519550103691364

(0:00) 好友介绍：Chamath 50岁生日快乐！ (1:17) OpenAI发布GPT-6 Astra：他们达到AGI了吗？ (19:01) All-In峰会：奖学金开放申请！ (19:56) Dwarkesh的Hugging Face黑客文章引发伯尼·桑德斯AI禁令 (37:03) EA群体、AI脑力影响者与利益冲突 (59:26) Mamdani在纽约市K-8学校禁止AI (1:18:58) 美委石油协议 All-In峰会仅剩一周！不容错过：https://theallinsummit.com 关注好友们： https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg 关注X： https://x.com/theallinpod 关注Instagram： https://www.instagram.com/theallinpod 关注TikTok： https://www.tiktok.com/@allin 关注LinkedIn： https://www.linkedin.com/company/allinpod 开场音乐鸣谢： https://rb.gy/tppkzl https://x.com/yung_spielburg 开场视频鸣谢： https://x.com/TheZachEffect 节目中引用： https://openai.com/index/gpt-6-astra https://www.washingtonpost.com/technology/2026/09/03/openai-greg-brockman-says-its-new-model-astra-is-agi https://www.axios.com/2026/09/03/axios-interview-sam-altmans-sobering-siren https://polymarket.com/event/which-company-has-best-ai-model-end-of-2026 https://polymarket.com/event/us-enacts-ai-safety-bill-before-2027 https://x.com/chamath/status/2095511879951192279 https://x.com/Jason/status/2095521697411514626 https://scale.stanford.edu/research-in-action/understanding-evidence-base-ai-k12-education https://www.politico.com/news/2026/09/02/trumps-seen-the-data-center-polling-and-he-still-supports-them-01061244 https://abc7ny.com/post/new-york-city-public-schools-banning-ai-use-middle-school-year/19778716