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E58: November's CPI, preparing for a downturn, macro outlook, Better.com's botched layoffs & more
All-In with Chamath, Jason, Sacks & Friedberg
The Organizational Principle of the People in the Government
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Friedberg: It does not make sense to take the job of capital allocation away from people who have demonstrated great skill in capital allocation and given to an entity that has demonstrated very poor skill. Freburg says elon is right, like many people in business feel, ethey're in competition with the government for capital. And so they've got an unfair advantage in that, in that, that stage of playing for capital," he said.
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