2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E103: Tech layoffs surge, big tech freezes hiring, optimizing for profits, election preview & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Volatile Volatility of the Populist Wave

It wasn't populist who created the great financial crisis of 2008 that caused the zerp and we're still living with all the downstream effects of that it was the experts on wall street who said they could manage all these derivatives. It's in reaction to something real which is the failure of this expert class and if you want to stop having this populist wave rise up we need to start having experts in position of power who actually know what they're doing well, says Jake Tapper.

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