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E129: Sam Altman plays chess with regulators, AI's "nuclear" potential, big pharma bundling & more
All-In with Chamath, Jason, Sacks & Friedberg
The Slowdown in Consumer Confidence
I don't see it as a bottom necessarily. The spike in interest rates have made it very unaffordable to buy a house right now. I think consumer confidence is also plummeting and people are feeling more insecure. So I think it's just another economic indicator that things are looking really shaky right now.
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