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E54: Spread trading big tech, capital allocation, Zillow's misfire, Progressives suffer losses
All-In with Chamath, Jason, Sacks & Friedberg
Are We Going to Give Up Exceptionalism Am to Minimize Progress?
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The key social question is, are we going to give up exceptionalism am to minimize the distance betweenapparently an the average? And that early what's happin makes people, it makes people feel bad. As soon as we try and limit the difference in that distribution, a, we move the entire curve to the left. Here's the counterfreed berd. What some studies have shown is gas you a throttle the high performers, but we're seeing along race lines, certain demographics being left behind, other ones excelling. We don't have the best sports teams winning all the metals. We don’t have the smartest kids, we don' t have the best businesses
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