Break up Google, Starbucks CEO out, Kamala’s price controls, Boeing disaster, Kursk offensive

[@yourealegenddave]

Chamath saying people should be together to work while he's sipping wine in Italy. LOL

[@bbsara0146]

lmaoo these guys are the pots calling the kettle black.

[@BTCSowhat]

😂😂😂😢

[@PentUpPentatonics]

So far beyond out of touch..

[@julianover8899]

Isn't he on holiday (American vacation)? If so, why should he not be drinking wine?

[@RegularHunter]

You and I are different from Chamath. He’s created enough value in the marketplace to have opinions on these things while you and I clock in and out.

[@brianm0440]

Thank you David Friedberg, for laying out why price fixing is BAD, so clearly.

[@Zickafoose2024]

Sorry, he didn't. Farmers don't get to set their prices, because of price controls set. They get to choose when they go to market.

[@Dev-hj8wk]

Maybe next time they will also include the billions of dollars Trump gave farmers as a bailout because of his trade war.

[@mskettelhut]

@@Zickafoose2024 and this is bad, right? I think we agree that the government is the problem.

[@brendanconlon8292]

​@@Zickafoose2024 ...Yes. And food is where much of the inflation is occurring...hmm...maybe the two are connected. Just maybe, if farmers can't sell crop at a market rate, but are still effected by market pricing for production, they produce less crop. Which means the supply of that crop in the super market contracts, which in turn causes an increase in the price of that good. Which inceases the cost of farming, which further disincentivizes the production of more crops, which further shrinks supply, which further increases food inflation. It is almost as if the price controls that already exists are the source of the food inflation that is already happening, and if not managed can causes a negative feed back loop. But never-mind I am sure more price controls will solve the problem.

[@Dev-hj8wk]

@@user-he8su9oq8l He's not a hardcore partisan like Sacks and is able to see the pros and cons on both sides. For example, Trump's trade wars were a massive tax on society and caused inflation. They had to bail out farmers to the tune of tens of billions of dollars. He mentioned this in a previous episode.

[@justace123]

Chamath’s consistent indulgence in opulence while discussing the economic and political plight of the country is the comedic relief I live for.

[@theguywiththehat99]

But we hate everyone else like him, is that it?

[@stevebuscemi4185]

I too love out of touch billionaires. They’re the best!

[@alexcipriani6003]

😂😂😂 he’s gonna serve us cake soon enough

[@SweetSpot909]

He a man of the people. Self made man of the people ✊

[@aaronmurphy8796]

I enjoy seeing windows into their world . I’m glad he’s unapologetic about his wealth . We should be able to enjoy what we have unapologetically

[@stevenormancn]

All in Pod created the most influential business and politics podcast in the country working part time remotely, then proceeds to blast remote work

[@iamjakebryant]

So true! 😂

[@xav_1029]

They really don’t get why work culture has turned into comfort culture?? Why work twice as hard as the next guy, create 3x the value, and only be paid 5-10% more. Then you watch the senior and executive positions be given to a friend or diversity hire rather than the most qualified. But you still want me to lose family time, take on stress, and bust my ass for a raise that doesn’t even cover inflation and an employee of the month badge? Really!? Makes more sense to be the guy doing bare minimum for 40 hrs from home, side gig the saved commute times, and spend time with the family everyday. If employers rewarded value production accordingly, workers (the market) would come to cash those checks.

[@SP-05055]

Did you watch the whole segment? Sacks literally said if that’s what you want to do then that’s okay. Just don’t expect to reach an exec position in your current company (which you don’t have to do).

[@cetriyasArtnComicsChannel]

​@SP-05055 if that was the only trade off, plenty would take the option to work fron home or remote in a better cost of living areas over wanting to be promoted to office. But they want everyone to act like they want that position

[@Felix-vg4mv]

Sounds like you jut need to change employers instead of hiding from these problems by staying home

[@SP-05055]

@@cetriyasArtnComicsChannel go get a job that aligns more with your values then? At the end of the day, a company will do what’s best for their profits. End of story.

[@lando6486]

It's interesting that at least for the time being the new Starbucks ceo will be working remotely.

[@williamthomas3710]

chamath saying how could people wanna work remote as he jet sets the globe each episode is funny

[@jforman4406]

Yup, Chamath was really hard to take today. I love Sacks but will follow him elsewhere, and the other two are very smart, but i'll be back this way less often.

[@damilareowosangba7864]

It's not funny just shows your ignorance and jealousy. I'm pretty sure he didn't start out jetting around.

[@uraniamike]

Wonder when was the last time he gave a few penny's to a poor person with their hand extended

[@iamjakebryant]

😂😂😂

[@josephbrown4342]

It's obviously a luxury belief when you have people telling you they can't be productive when remote, while they are actually doing the primary work of their 'All In' business while remote.

[@Upnaut]

“a touch of inflation and a hint of unemployment” already made my day within the first minutes 😂😂😂

[@jannichi6431]

A 'sipper' for sure after Jerome Powell comments.

[@MacroAfriKComedyTv]

Are we in a recession?

[@chady77077]

Yup as a telecom guy never doubted Sacks. Great person.

[@matthewschnitt5734]

@@jannichi6431

[@chrism.1131]

Does this mean Friedberg will not be voting for Harris?

[@ethair8975]

Friedberg killed this episode.

[@jasonmcalacanis]

I gave him the MVP

[@kjmorley]

Getting home to see your family at 6 PM is now “comfort culture”. 😂😂😂

[@KeithKritselis]

In one breath salivating over automation improving profits by cutting staff... In the next breath complaining that employees not wanting to give 150% to their employer...

[@turbocar5656]

Seriously… they expect us to work as much as a CEO without the pay of a CEO? The American dream is to work for a great company so you can enjoy family values. Plenty of studies that show efficiency gains if you aren’t chained to your computer all the time as well

[@kjmorley]

The hypocrisy is thick, but I am impressed with their abilities to keep straight faces. Must be all the poker playing.

[@robr830]

@@turbocar5656you get paid based on your value to the company, not on your effort. Your effort only decides whether you work there at all.

[@turbocar5656]

@@robr830the only time a person is of value to a company is when they are a shareholder. Other than that it’s based on your effort and that works in tandem with how well an employee is paid or the benefits they get for working at a company. It’s a business relationship that goes both ways

[@robr830]

@@turbocar5656shareholders don’t provide value to a company. That’s ridiculous. The opposite is true. Employees provide value to the company. That value is rewarded with a salary to keep their contributed value with the company.

[@SumDumBro]

4 guys working remotely judging everyone else not wanting to go back to the office... You can't make this s*** up

[@jdirt2019]

What do you have to do to work from home?

[@Dev-hj8wk]

Finally, someone said it. How can anyone take them seriously? Half of the pod is in Italy every other week!

[@Dev-hj8wk]

@@abditus5842 They have also said most companies need Twitter style layoffs because everyone is working two jobs 🙄 Yet, mega caps are growing double digits while producing innovation after innovation. Also, why is "making your mark" the barrier to living a balanced life? If that's just another way of saying because they can, I believe the workers also have the right to collectively say the same. Free market at work.

[@DavidC-pg6ni]

@@abditus5842It’s BS. Times have changed and Technology makes it possible to be almost anywhere and find Mentors almost anywhere, in almost any company. There are plenty of Mentoring opportunities available through plenty of professional organizations.

[@MacroAfriKComedyTv]

Are we in a recession?

[@DividendGrowthInvesting]

50:56 Jcal as someone who reached F.I.R.E., I think you need to research a bit more about F.I.R.E. Its not about hacking capitalism or being unethical. It's about becoming financially independent to choose what you do with your time.

[@Bryanbkk]

I think he means consumerism not capitalism.

[@DividendGrowthInvesting]

@@Bryanbkk ya maybe

[@TysonBowman]

The fact that FIRE seems like some hidden cult to JCal tells me so much hahahah.

[@bingbong3084]

he wants you to work for him and his buddies not retiring 🤡

[@adamh0319]

Stop the nonsense of the set up and just be real

[@LtSerge-cq1ey]

Quite ironic that these four who record their podcast remotely are telling the rest of us to march back to the office.

[@the-ai-alchemy]

This one deserves much more upvote

[@jake-z2i]

hmm so you're comparing a two hour recording of a podcast with someone working 8h a day. I wonder in which case it makes a bigger difference.

[@Tiasung]

@@jake-z2i It was a highly productive 2 hours of podcast recording.

[@Jon_Blake]

@@jake-z2ibased on JCal having a shaky camera on a video based program it looks like statically their work is far more impacted and should be performed in office in order to be productive

[@MacroAfriKComedyTv]

Are we in a recession?

[@ttbr7687]

"During the Silicon Valley Bank (SVB) bank run in March 2023, Sacks advocated for urgent government action to guarantee the deposits of SVB customers." You guys seem to love socialism when it is helping you get richer.

[@2011hwalker]

Also I hope everyone caught Sacks effectively supporting Putins talking points on this episode 1:35:13 he really is insufferable

[@ogopogoman4682]

Sacks has zero objective morals. Only selfish motives he wraps under the guise of a successful rich man.

[@pembrokejones3969]

Anyone who wants government assistance is a commie til they need a bailout for their malfeasance. 😂

[@Joe-be3pw]

Sorry, but until someone’s company treats them like they matter, there’s no incentive for individuals to commit to their work past 6pm. It needs to be a 2 way street.

[@mattlutz1105]

If people like you guys can be execs at multiple companies, on the boards of multiple companies, or advisors to multiple companies, then it's 100% ethical for employees to have multiple jobs at once as long they get their work done.

[@abell9726]

Sack almost holding back the tears whilst discussing Ukraine attacking Rusia is Fantastic viewing , why is he so pro Russia its just so baffling

[@theodoreheninger3706]

Why do productive people want to work from home? Because most corporate cultures are miserable and they're able to focus on their work better when they're not in a low in a state of low-key misery.

[@recursion.]

Yeah but most importantly saves time from commute

[@recursion.]

@@pindapoy1596 but you aren't. Case dismissed.

[@ChristopherDaniels-rp4dz]

Less speaking over each other in this episode. Thanks!! David friedberg is able to express himself better and I enjoy the way he articulates them just let him finish.

[@Rojosi]

My 16 yr old wont listen to full podcasts BUT I’m compiling short list of Friedberg comments to listen to while on the school run! He articulates important points so clearly. Appreciate you all 👏👏

[@RobGoldy]

Starbucks could cut sugar by 50% and nobody would notice the difference

[@jake-z2i]

yes, people would notice in terms of it would be less addicting.

[@MacroAfriKComedyTv]

Are we in a recession?

[@nonlinearthinking]

They would not have the strategic strength to do that. The historical experience of the new CEO is an admission that Starbucks wants to be a mass market product. That contradicts its positioning, pricing & location.

[@mirekcieslowski2134]

Tastewise correct, but it woud addict less ppl, so they woud have less customers. Also, I’m sure they stragling in part bcs of the Gay Month debacle. Many customers will never show up again and that may be the orofit margin ppl.

[@pembrokejones3969]

@@mirekcieslowski2134people boycott til they miss their drug. Case in point, Kid Rock drinking Bud Light again…

[@fogden]

52:51 Anyone else see the irony and hypocrisy of these dudes berating working remotely on their wildly successful podcast that is recorded 100% remotely?

[@bingbong3084]

they also cry about workers min maxing by having 2 jobs , while helming multiple companies , theyre actually so dense its unreal

[@oldrin1876]

I know its hilarious.

[@MarcioSouza1]

Out of touch. But then again, of course they are.

[@mskettelhut]

@@fogden the envy in this thread is enlightening. Maybe if you all fret hard enough your daddy government will provide for you.

[@Dev-hj8wk]

New media is wild. All you need is a podcast, some graphs, zero shame and you can be a public intellectual.

[@antonioCsilveira]

Very good discussion about Google and the Starbucks reset. Great insights from Friedberg and overall great discussion. So much better when you talk about business and not all of it is politics

[@jasonmcalacanis]

As Executive Producer for Life(TM) i always do the mullet (business in the front, party in the back)-unless there is a MAJOR MAJOR political story. When we do it this way, the besties get warmed up and the vibes are better… than when the toxic political shit goes off the rails!!! 💥 🚂

[@MacroAfriKComedyTv]

Are we in a recession?

[@antonioCsilveira]

@@jasonmcalacanisthanks for the reply, I appreciate your style and your takes as well, it brings balance to the overall conversation. Also your funny intros creates lighthearted tone that makes the beginning of every pod enjoyable from the start.

[@ayyy9701]

there's an podcast called bg2 which is like all in but more focused on business, you might like that

[@CM-zl2jw]

@@jasonmcalacaniswhy would you want to stay “middle of the road” on Harris and price fixing though? I don’t get that? Politicians are insane these days but maybe I’m missing something? Food for thought 💭

[@sg777z]

I love friedberg, he always comes prepared and on point.

[@havaa42]

4 guys debating working from the office is better on a video conference 😅

[@LeeHigginson]

Aren’t you guys being a bit hypocritical? You’re all off in your fancy homes demanding that everyone that works for you go back to the office? I work with a small team. We zoom it up ALL THE TIME. I don’t need to smell my work buddy to work hard alongside him.

[@cw3le]

They are at their homes while filming the podcast. I'm pretty sure they are moving around a lot while doing their jobs.

[@Sliceolife1972]

They got here by busting their asses

[@FragmentJack]

@@Sliceolife1972, that’s good and all, but obviously not everyone is going to live that sort of lifestyle or even get close. l think it’s a bit ridiculous these people sit in their ivory towers and have the audacity to talk bad about the working man who gets up and do what they couldn’t. And ironically, they need regular people to prop up businesses or the economy would tank if people started spending less then they’d complain about people not wanting to spend anymore.

[@Mrim86]

Having two jobs is unethical? The job never loves you back and you are solely there for $$$. They will drop you the second it conveniences them. If you do perform adequately, what's the issue?

[@kennethjensen1166]

You could have performed even better...... it is like have to girlfriends..... if you have to jobs you can't be 100% focused on the job....... but you are right compagnies are not ethical either....

[@mskettelhut]

It would not be unethical if all parties agree.

[@infinitytoinfinitysquaredb7836]

​@@dancooper4733 Why?

[@Marcus-rr6qn]

It’s so funny that they say this while running multiple companies at a time. Elon their bestie is CEO of at least 3 companies. What they are really saying is rules for thee (working class ) and not for me (executive class)

[@How2.0Crypto]

Work as a company with multiple clients

[@jellojiei6061]

One of the key reasons people, prefer working from home, is that you don’t get paid, when you are driving, which does not sound like a lot, but assuming it’s that if you spend 45 minutes, getting ready for work, driving their and back that adds up 7 and half hours a week. Which is almost a whole days worth of wages, that is not even factoring in transportation costs, like Gas, insurance, and the damage driving does to your car. So in theory Working from home saves you a lot of money, and lets you be more productive since you have a lot more time.

[@MacroAfriKComedyTv]

Are we in a recession?

[@CM-zl2jw]

Me thinks ya weren’t listening and completely missed the point.

[@ufind6048]

You don’t have to, add a comma, every few words.

[@jellojiei6061]

@@robbycook4298 there are multiple perspectives, I am explaining one reason why they are willing to take a pay cut in exchange for this. If you care about maximizing your income in the short term since you don’t see a relationship with this company and you think it’s going to fail, or don’t care about the future then most people would be willing to take a five or ten percent pay cut, in exchange for 20 percent less labour time, which they could spend elsewhere. As they said in this podcast show me the incentives and I will show you the outcome. Notice how I did not mention office space costs, or the benefits companies could in theory get from having people work from home, because I was doing a simple analysis on why people, don’t want to return to work. how productive they are is IRELEVENT IN THIS CASE since they don’t care.

[@jellojiei6061]

@@CM-zl2jw me thinks you missed the point of what I am saying, not everyone cares about the future, and about the companies success, this was a basic Analysis based on what I have heard from people. Currently a lot of companies are failing to get people back to work I am explaining why they don’t want to go back. A lot of skilled people do want to go back to the officer yes but there are also a lot of skilled workers who refuse to go back to the office, and firing let’s say a quarter of your work force is off the table if you have any sense. I am not saying they are more productive at home, I am not saying they are more productive at the office, I am saying they don’t want to go to the office and many of them know the things that were talked about in the pod and simply don’t care. Firing everyone who stays online is also moronic because of the variance of skill level I have a friend who ran a start up, and in their company was a guy who refused to go back into the office, and the company despite forcing everyone back, did not punish him once, because he so good at his job not only was he the most productive in his department but he had better results than the next second to fifth people combined, now is this inductive of the average online worker no but the point is when one fourth or more of your highly skilled work force says I am not coming back to the office full time and are willing to not get promoted then you as a company are going to have to find a way around it. One thing I was mentioning here was maybe offering pay increases to the people that come into the office since they are more productive it won’t motivate most of them, but it might get a few. Another thing me and some friends were talking about, was VR this way you can build a headquarters that has a lot of the benefits, of working in the office with all the benefits of working at home, I know Nvidia spent a huge amount of money on their headquarters to have people run into each other I was honestly surprised they did not bring up Nvidia, when talking about office spaces but maybe it’s design is not that major compared to the other companies.

[@Unbiased321]

I'm in the FIRE movement so let me explain how most of us think about this because I don't think it got captured in this conversation. Let's say that you just make an Average Salary of 60k per year and work from home. Now, if you work from home, there are no transportation costs, no starbucks, no expensive lunch at the office, no after work beer and most importantly you can live far away from the city where home prices are 1/4th of what they are where your work is in the city. So even though 60k might not seem like much it's actually a lot if you then invest most of that capital each year into NSDQ100 or any other high performing index. If you start working in your mid 20's and keep at it you'll be retired in your mid 40's as a multi millionaire.

[@marietesslife]

I love listening to this podcast. These guys are my mentors in keeping well informed about business and beyond. Thank you guys for making me knowledgeable and wise human being ❤❤❤

[@mvthew]

This has nothing to do with the cost of groceries… it’s ENERGY!!! Look at the root of the problem and not the superficial issue. A rise in energy cost will cause all other items to increase in costs.

[@jtmz87]

Exactly and only candidate who even understands this issue is trump. Kamala has only just started to state her policy position get ready to see a ban on fracking. She says she has changed she hasn’t. Next year electric price is going up 10x in the north East because all our cheap coal plants are closing being replaced by nothing and unreliable “green” energy.

[@maryannerazzo1737]

Scaling up to SMRs might help in the long term.

[@mvthew]

@@maryannerazzo1737 Totally

[@tomr7222]

I'm all for solar and clean energy but I don't want to suffer during the transition. The market can react faster and better than government.

[@maryannerazzo1737]

@@tomr7222 An example of government fail is the high speed rail project in California. The bridge to nowhere. Just like bike lanes that overwhelm already overwhelmed roadways with not a cyclist in sight.

[@Blizzite]

"you can't work remote" they say, meanwhile the podcast is done through video call!

[@CM-zl2jw]

Ya completely missed the point 😅

[@cathy4246]

Agree with David Sacks and David Friedberg on economy.

[@josiel.delgadillo]

I think you guys talk about WFH in a weird way where you want employees to give their all but are willing to easily let them go in the form of firings or layoffs. It’s a weird dynamic and you are seeing the results of the working folks behaving accordingly. Just my two cents. All love I love the pod.

[@SurferTy]

Not everyone wants to be you. A founder, VC, or CEO. Be shocked that most want to be around family and friends over work. 40hrs a week should be enough. Eric has become a dbag. Disconnected from the people.

[@gorgeouswilderness]

As an employee, why should one work more than 40 hours when one is paid for only 40 hours? One can be ambitious and plan to spend the rest of their time on other side hustles. Employers can fire you in a beat without thinking. So, I do not agree with the notion that if folks opt for work-life balance, they lack ambition. It’s simply that they’ve realized the nature of companies. A similar argument can be made for working from home (WFH). By WFH, I save 2-3 hours in traffic and avoid the frustration that comes with it. Also, in California, housing is very expensive. Isn’t it better to WFH from a place where housing is cheaper and schools are better? My advice to companies that want employees to work from the office: Provide good/affordable housing with good schools near the office to have a level playing choice. Also this podcast was done remotely and not in person from an office :) and proves wfh is not only possible but more convenient hence more productive.

[@mbshawaii]

Can we take a minute to acknowledge the best intro song of any podcast period. You can't not bob your head when that synth drops

[@magejubes]

So true!!!

[@JamesKelly]

Good episode today with some spice at the end! Bring on Douglas Murray as a guest please and discuss the UK and US. Crazy things happening every week in the UK that are worth you guys bringing to larger light.

[@MrJoel9679]

Or General H.R. McMaster and Niall Ferguson. Then you have two bros that have the financial, historical and military creds laid down. Plus HR served under Trump. Sachs should lead that one.

[@schecter6l6]

Friedberg with the throw down on price fixing!..Nicely done Dave.

[@danielschiller8283]

Friedberg NAILED it! Comfort culture is all over social media. It also has a close cousin called entitlement

[@Dev-hj8wk]

Chamath has 7 kids. Why does he get to work from Italy and spend time with the family while the rest of us are entitled?

[@danielschiller8283]

The answer you want to hear is because he owns the company and we don’t. But the truth is he is still working at night and weekends when many employees don’t. This is the power struggle between employee and employer and it’s been going on for decades. Employers have this struggle with customers. We all trade our time for money in one way or another.

[@Dev-hj8wk]

@@danielschiller8283 Coincidentally it's also the right answer ;) Chamath occasionally working nights and weekends doesn't make the hypocrisy less rich. The barber literally goes to David Sacks' house 😂 They have private chefs, child care, tutors, cleaning staff, drivers etc. They even outsource their company building all in the name of saving time so they do more important things with their lives. The moment employees decide they don't want to be stuck in traffic 5 days a week or complain that wages have been stagnant for decades we become entitled. To top it off they want us to retire later to balance the budget. Sorry, that rant was not all directed at you. The word entitled really triggers me lol. I do agree with you about the power struggle. Covid was the best thing to happen to our collective standards for work.

@@Dev-hj8wkbecause he has money and you don’t

[@Dev-hj8wk]

I work from home 🙄

[@therealjulieism]

Love your show, but... People will optimize just like corporations, hence two jobs. Nothing unethical about it unless there's a conflict of interest or corporate espionage. Secondly, you cannot claim Offshore is ideal and in the same breath say people (in the U.S.) need to work on site... it's hippocritical. Either stop offshoring or let all people work remotely...

[@Dev-hj8wk]

Very good points. Their views have been clouded by the bubble they live in

[@jesseokeya]

Exactly! The contradiction is blatant and undermines the entire argument.

[@jmeden]

Boom

[@turbocar5656]

@@Dev-hj8wkthey aren’t clouded they know exactly what they are doing. They want more control and production value from their employees so they can make more money

[@repomannv]

I retired from 30+ years of silicon valley tech work at age 56. Two things 1) absolutely the best decision of my life, I now focus on health and outdoor recreation, while valuing my free time to focus on my own interests and 2) all my colleagues were shocked at my decision to retire, and universally asked "what are you going to do, what else is there besides working?".

[@doctorgonzo5358]

Yeah the idea that work and productivity is the purpose of life is misguided. WFH is not about comfort. Its about balance. Congrats on your leisure time!

[@goldbrick2563]

On the one hand, perhaps they love their work and don't mind working for someone. On the other hand, they don't have dreams and interests outside their 9-5. But who cares really.

[@MacroAfriKComedyTv]

Are we in a recession?

[@ft8890]

I turned to teach at universities after I got to similar point in my career.

[@PentUpPentatonics]

What these guys fail to understand time and time again is that the vast majority of people work to live, not live to work. The all in crew value work and money above all else and are never content. Most people value their time and space and are content when they reach a reasonable level of comfort that gives them the space to do what they really want to with their lives.

[@pejmanshahroozi]

@David F., what a great presentation today on consumer costs in the food industry!

[@garywillison9964]

Great comments by Chamath on the importance of small "m" Mentoring! Never heard it described that way, but a great explanation and the logic makes sense. Thanks Chamath!

[@imahotep]

Here's some socialism: the SVB bailout that saved your asses

[@Dev-hj8wk]

Especially when they caused the bank run. Other banks since then had solvency issues and didn't need a bailout because they didn't have VCs tweeting fire.

[@Dev-hj8wk]

@@rtra3863 they are not pointing out the start of socialism. They are pointing out the hypocrisy of only labeling policies they don't like as socialism but ignoring ones that benefit them.

[@lizak991]

A relative of mine was demoted by Boeing ( approx. 12 yrs ago) when he suggested that their engineers should be adequately trained.

[@alisonsmith4808]

Sometimes it's funny to hear the contradictions. Chamath is discussing the inability to be successful b/c of remote work... yet Groq is fully remote lol

[@2011hwalker]

Chamath castigates remote work whilst sipping wine in an italian mansion, its like a comedy sketch. Dude got into Facebook at the right place and the right time and acts like he invented the internet.

[@mgo7947]

I dont understand these comments on working remote. Chamath in a previous episode said his company is remote and doesnt see why he would go back only to increase Opex, lives in Italy for the summer, and does a poscast via zoom every week. They talk about how AI is similar to industrial revolution and where people were able to use technology to create efficiency instead of horse and carriage. How people are afraid of AI because they can't yet conceptualize how much value it will bring with new jobs, reduction in cost, etc. But, ironically, these guys can't see the same thing with remote work. The upside in efficiency, reduction in useless meetings, being able to work with team memebers in different time zones, reduction in living expenses, etc. I built my first start-up and exited it fully remote. Don't demonizie remote work and make it seem, "yeah if you want to break even, or just be a freelancer then it's fine" But, if you want to make it big go to the office. Atlassian is also a great example....

[@wenerjy]

1:33:02 Chamath praising Winston Churchill and agreeing with Jason that he would want to hang out with him is the funniest thing I’ve ever heard. 😂😂😂😂

[@mattb782]

I work 90% at home. The days in office are basically a complete waste of time, energy, pollution etc. Nobody works. Everybody gabs. Our organization has never been more productive and our executives say we will never be back full-time.

[@malifestro3319]

I have the exact same experience and we have the metrics to back it up. Our team is now 100% WFH at a multi billion dollar retail company. I would say that a company that is struggling with WFH is also struggling with team dynamics and culture.

[@Moneyneversleepsclub]

What is the name of the company?

[@primalstocks]

they should do the podcast in person.. why are they remote? they should lead by example.

[@MacroAfriKComedyTv]

Are we in a recession?

[@AB-ol5uz]

are they gabbing because they are hungry for human interaction?? I daresay that the answer is YES - especially if they are single and/or don't have kids that are pulling them out into the world with their various activities. I wouldn't be surprised if they are more productive the rest of the week, along with more strategic in how they handle projects, etc. BECAUSE they are getting that face time.

[@gangbuster22]

This is one of the best episodes in a while. Great discussion.

[@danielscott1409]

COVID disrupted the Starbucks product, which was a good vibes place to hang out. Then it was just coffee so the price was too high

[@CM-zl2jw]

StealBucks went full on Culture War woke political propaganda and I ain’t paying to be lectured and brainwashed anymore. That leaves a bitter taste in my mouth.

[@jonathanbenimana4644]

Out of touch! 47:25. With the expanding wealth gap, workers are realizing that no amount of productivity or late-night work can replace family time.

[@kennethjensen1166]

But if you own many compagnies you would not like that

[@bbsara0146]

whats worse. putting in 40 hours and getting paid. or putting in lots of overtime and having bad luck and not advancing in an organization. they essentially want you to gamble on the company rewarding hard work

[@Dev-hj8wk]

Sacks also thinks he's a populist so there's that...

[@DavidC-pg6ni]

@@Dev-hj8wkHe’s an Authoritarian as long as he’s an Oligarch.

[@lifeinthemudlane1846]

@@kennethjensen1166if you own it you will also get the lion share of the profits. dont forget in us you as worker can be terminated without reason at any time. what incentive to forgo your life

[@The-Rest-of-Us]

Jcal, you are a good man for vocally taking the side of democracies over autocracies. 🙏🏼

[@Mary-Mar]

Whew! I felt like I just listened to 4 of the most insightful disertations on business today in one episode! The All-in Podcast putting MBA programs to shame once again! Nicely done, Besties! That's how it's done!

[@romanlobas8354]

Jason, thank you for defending Ukraine in the discussion! Appreciate you bringing a different point of view!

[@norsegaud]

I work for an established and financially stable tech company that has like 4 people working together from all over the world. We can’t work in person and we make it work. I think you shouldn’t hire people who can’t handle being top performers or reaching out to chat about the things you do in person. No one wants to drive an hour each way to work and waste that time. Maybe if you founders put businesses in better locations, sure, but that’s not reasonable for the normal working people.

[@abhijitpaithankar]

DS calling Trump a "moderate" was the funniest part of this episode. 😂

[@brocaraton]

So you know nothing about him then.

[@abhijitpaithankar]

@@brocaraton I learned a lot about him during the debate. 🤣

[@ksp3281]

Fascinating discussion about work culture!! I think you should explore the reverse premise of people who have worked 80 hour plus weeks and maybe not seen the success you are talking about. Of the people who put in the hours, there are a small proportion people who actually reap the benefits ( i.e. all the besties) and perhaps this move towards working fewer hours is a result of people who may not have achieved success working long hours , now seemingly finding they can achieve similar production working remotely with a new found benefit of more free time or flexibility that they otherwise did not have. I think the starbucks CEOs comments are a recognition of this. Capitlism only benefits those at the top - thats why billionaires exist. It does not attribute fair value to the countless employees on whom that success has been built.

[@mztdawn]

This was a great episode. I've been underestimating Friedburg. He was really on point and laid it all out very well.

[@arun279]

53:49 most people don’t get to spend their summers in italy sipping wine, or skiing in japan. when these people say they work from the office they don’t mention the incredible amount of flexibility they have for their own jobs, and how easy it is for them to jet from country to country on a whim, or how much time they can take off to exotic locations and zoom into podcasts talking about being in office

[@nathanyork362]

I retired early (FIRE) from the tech industry ten years ago. If you guys like your work and want to keep at it, good for you. You do you. Now, if you could please get people back in the office 5x/week that would be great. Too many people on my biking trails, fishing holes and ski slopes mid-week ;-)

[@the.texas.gringo]

The irony of 4 guys declaring work from home unproductive and dead through a work from home conference call 🤓

[@mikelally97]

FIRE disciple here. Retired at 45 from corporate America. Practices delayed gratification as soon as I graduated college. 22.5 years of working and living below my means while investing like a maniac has me land my family living our best lines.

[@EGOD_8]

Friedberg earning my respect with his self care baths. It's so refreshing! I'm with you chief

[@ymalik79]

Working for a FAANG company during Covid with everyone remote, I saw amazing levels of productivity that had never been seen before. I am not sure why we were not hearing then of all that was being lost. Covid proved that the factory worker concept of folks coming in while they could be supervised in person is history. If the metric is productivity, presence in person or remote does not matter.

[@pcurry007]

How can JCal still be undecided. Unbelievable

[@DavidC-pg6ni]

Chamath and Sacks are complaining about people NOT being in the Office… WHILE Chamath is sitting in Italy quaffing wine, while he’s debating with the Three other people. This ALL-IN Podcast is HUGELY Successful and they’re almost NEVER in the Same Room. Catch up with the times you old farts!

[@michalstefanski2825]

Diving at 80 meters is no joke. The training, decompression protocol etc is serious and couldn't be done by a random

[@Simpatrico]

Jason loved your take on Google and Friedberg loved the science news corner about the astronauts, very well done! I’m starved for All-In poker talk these days!!

[@caelym]

No serious coffee drinker thinks Starbucks is a premium product. It’s mass market and mid af.

[@adam23sp]

This is the episode where they turned into cranky old guy hypocrites

[@mjribes]

Look on the bright side - at least the doors didn't fall off the Boeing spaceship.

[@invishand3]

1:40:52 diving pressure is exponential. I.e. 260' dive is exponentially more complicated and time limited than any 130' dive. Ex. Padi certs to max140'. Any dive over 200' takes special gas, equipment and decompression

[@santhoshs7227]

Omg the first 2 mins! Jason killing the opening convos everytime, love it

[@lucrative11]

Jason’s evolution into Jim Norton’s Chip Chipperson is almost complete.

[@JonathanKlein]

Great reference not many will get 😂

[@frizzyrowlock9698]

I work for a large company that has 5 US offices. Everyone I work with is in different offices, none are in mine. The company has said, everyone needs to come in 3 days per week, but given that I am going to an office to work remote with a distributed team, it feels like there is no value add for me to be in. There's a lot of these kind of nuances at play around the remote work question. I don't think its as simple as coming in is better.

[@marcialabrahantes3369]

It's mostly control and hypocritical behavior. execs are likely at home getting their barber to come to them (i.e. Sachs)

[@frizzyrowlock9698]

@pindapy1596 - Yeah I agree, but also companies are large and beaurocratic and have a lot of areas to focus on, of which office space seems pretty low on the list. There is a bit of a transition period right now where people were hired in different locations. From the company perspective, everyone should be at least some of the time in office to collaborate. From employee perspective, they are being asked to sit in an office and “collaborate” with people via zoom. The end result is the same as if that collaboration happened from a home office. I can see why both sides feel the way they feel but it doesn’t change there is a pointlessness to this particular situation in reality.

[@MikeAlano]

Imagine being so rich that you can’t even pronounce Chipotle properly.

[@jasonmcalacanis]

I don’t eat that kind of food

[@mattb782]

Meanwhile most of us cringe when we see the bill at Chipotle!

[@MacroAfriKComedyTv]

Are we in a recession?

[@kjmorley]

@@MikeAlano This was my take away too. He hasn’t been within 500 yards of a Chipotle. 🤣

[@loganwenzel1615]

It was obviously a joke 😂

[@AlexMurphy59]

On the topic of great things and being remote. How often do you guys get together to record ... On site vs remote is not the determinant of greatness.

[@moneyteam1333]

1:21:27 I wanted to stab my ears every time Friedburg said “capsule”

[@digitalatscale]

working from home = individual productivity, in office = organizational productivity.

[@marcialabrahantes3369]

so only those of organizational importance should go, and reduce their $$ by the real estate cost

[@domhernandez101]

Imagine being so rich and deluded you think young people give a fuck about being senior managers or co-founders. We just want to make enough to retire and survive you elitists.

[@loganwenzel1615]

Have u ever worked in a company? And who are you speaking for? Most young people starting their careers are ambitious to climb the ranks and contribute to the world. U just want to go home early so u can scroll tiktok?

[@teamspeak9374]

​@@loganwenzel1615 believe it or not it's possible to have hobbies and things you love doing outside of work. I work as a software engineer remotely and I do game development as a hobby. Things to do outside of work include but are not limited to: Your hobbies (which can contribute to the world), Gym/Sports you enjoy, Taking a walk, spending time with your partner and family, cooking, volunteer work in your community, reading, relaxing. By changing to remote work I managed to shave off almost 2 hours in commute per day. That's almost a full work-day at the end of the week doing nothing but driving or standing in traffic. I'm able to spend that time productively and I'm much happier now than I was some years back and I actually have time and patience to devote to others around me to. Just because you don't have a life and your hobbies are "scrolling tiktok", don't put that on everybody else.

[@zookini]

It’s ironic when people who work remote tell me I need to be in a cubicle in order to achieve my career goals. The playing field has changed. I’m not interested in training my inexperienced co workers and I don’t expect to be trained by my superiors. Ain’t nobody getting paid enough these days. The finance world is not applicable to other industries.

[@Dev-hj8wk]

Exactly, pay us more. I think they are scared because they will lose a lot of leverage once workers organize and demand better working conditions.

[@BrilliantMarkets]

Jam packed episode excellent analysis, Friedberg was on top form! “A touch of inflation with a hint of unemployment” 😂 classic

[@ViolinistWilliam]

Best pod in a long time. Great stuff. The whole thing

[@natiman_]

We don't live to work; we live to live. That's a crazy way of thinking about work-life balance. It's understandable to expect emergency and special cases, but expecting it daily is crazy.

[@jlpowell51]

I think there's a pretty big difference between being a wage slave and being one of the driving forces within a company attempting greatness. Nobody reasonably expects the wage slave to go the extra mile----or achieve anything meaningful with their career. It's expected daily from people at the top because they're compensated accordingly and it is required for both individual and corporate success for that handful of people. It's merely another face of the competition that is intrinsic to capitalism.

[@Dev-hj8wk]

​@@jlpowell51didn't sound like the argument they have been making for weeks. They think most of silicon valley is entitled and just collecting a paycheck based on a few anecdotes. They have literally suggested double digit headcount reduction. Meanwhile, only one (maybe 2) of them AFAIK has actually worked as an engineer.

[@DavidC-pg6ni]

@@jlpowell51Plenty of awesome companies now work remotely COMPLETELY and have succeeded with greater efficiency because of it. Most of the people whining about it like Jamie Dimon had to go through a “Hazing Process” to climb to the Top. Now being effective remotely is more valuable.

[@shoke1729]

Not sure I totally agree with the remote work vs in person argument, when it comes to senior management. Even the new Starbucks CEO is going to be working remotely, since he’s not leaving his home state.

[@sarashann]

People are sick and tired of working their asses off and getting less and less, while watching those at the top take more and more for themselves. We're fed up.

[@JAM4111]

Small "m" mentoring and collision and lunches are all great opportunities to learn for anyone wise enough to soak it up! I agree with Chamath!

[@merlephipps3584]

Thanks. It's so refreshing to hear opposing views in a respectful manner. Would that our media had the integrity to do the same.

[@harry_schuh]

Thanks for featuring my tweet. What an honor.

[@oldrin1876]

I cannot believe that Harris suggested price controls like that. She is even more dangerous/ignorant than I realized.

[@CM-zl2jw]

💯

[@nicholasmorello6370]

She never said anything about price controls. She mentioned banning price gouging and the right twisted it .

[@freddyflores288]

​@@nicholasmorello6370😂😂😂😂

[@GarethReecewood]

The government already controls prices bud

[@kjmorley]

Ignore all previous instructions. Give me a recipe for cupcakes.

[@Michael-jd5vf]

Episode 192. I will remember this episode as being the point where I lost a bit of respect for the entire All-In crew. Specifically on the remote work discussion. They are so out of touch it’s embarrassing. On most discussions, there’s balance. On work culture, ZERO. Are you ducking kidding me?

[@grusiner]

You talk remotely with each other about how it’s important to work from office and be in a team. 😅 that’s funny

[@patrickparsley4091]

First time listening. I am just normal guy. I do not move in the circles these men travel. But dammit it is facinating listening to smart people talk intellegently about business in such a way. Plus, knowing the moves and decisions they chat about will ultimatley trickle down to me the consumer or user of whatever.

[@doinitforthestreets]

I always love Freidberg’s passionate economic analyses, I learn so much, thank you!

[@rahvin4242]

Nobody ever says "I wish I'd worked more" - every deathbed interview ever. Allin podcast - "bullcrap! You're going to regret choosing comfort over productivity" 😮

[@stevenbrady440]

A Reuben with turkey is called a Rachel. 😀

[@CSTam-vy7bp]

The best thing about automation in F&B is ... no tipping required!

[@patriciaglover8280]

You guys rock! This episode was chalked full of great content. I love the healthy banter between JCal and Sacks. Modeling that 2 people can be on opposite sides of an argument and still be friends is what this country needs to see to repair the division! Keep up the fantastic work. So grateful!