2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E94: NFT volume plummets, California's overreach, FBI meddling, climate change & national security

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

McDonald's Is Not Stupid. They Understand How to Use Excel

The number of jobs for humans will be dramatically lower. McDonald's is not stupid. They understand how to use Excel. And so they'll think, well, I can amortize a robot versus actually jacking up prices. But in this case, it was because legislators just don't understand how incentives work and how the economy works.

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