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E45: Theranos & VC fraud risks, China bans video games, Texas SB8, Apple app store, CA fires, Rogan
All-In with Chamath, Jason, Sacks & Friedberg
Fire Insurance
Right now, and marin county in california, it's nearly impossible to get fire insurance. Imagine if these homes had on the roof some sort of a system that when fire or heat got there, it just deployed the blanket and protected the home by godo. This happened in wine country in sonoma and napi county last year after the big fires they had there. Who ultimately bears the cost? Where does that cost have its economic flow? And that's just the tip of the iceberg of the effect that may arise as these things start to take hold.
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