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E126: Big Tech blow-out, Powell’s recession warning, lab-grown meat, RFK Jr shakes up race & more
All-In with Chamath, Jason, Sacks & Friedberg
The Foundational Platform Shift: How Facebook and Google Aren't Good at Innovating
Facebook, Google and Microsoft are now cash cows. The companies have misallocated capital when they've tried to organically innovate. They're very valuable but it's not where you look for growth. In a world where rates eventually get cut... other people get rewarded.
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