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E89: GDP growth negative in Q2, $SHOP layoffs, Alzheimer's fraud, Ginkgo acquires Zymergen & more
All-In with Chamath, Jason, Sacks & Friedberg
Is the Government a Big Part of the Solution?
Government subsidies that are imbedded in the operating model of an industry, totally distorts the ability for the market to naturally transition to a more productive, more efficient state. "We shouldn't have ye s yo, believe evis and solar are there already. They're cheap," says Sax.Sax: We hold ourselves back when we insert government dollars into well functioning markets.
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