All-In with Chamath, Jason, Sacks & Friedberg

E47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom's win, frauds & more

Sep 18, 2021
This discussion dives into the recent turmoil at Facebook and the alarming effects of Instagram on teen girls' mental health. It also unpacks Ellen Pao's insights on sexism in the coverage of high-profile tech trials. The conversation takes a critical look at California politics, especially Newsom's recall victory, and delves into the complexities of Universal Basic Income. Expect a candid assessment of the tech industry's culture, startup failures, and the ethical implications of employee compensation practices.
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ANECDOTE

Zuckerberg's Tech History Knowledge

  • Mark Zuckerberg didn't know Mark Andreessen created Netscape.
  • The tech industry focuses on the future and quickly forgets history.
INSIGHT

Motivation and UBI

  • Deprivation motivates people, especially in challenging endeavors like startups.
  • UBI could be demotivating by removing the lower rungs of economic success.
ADVICE

Against UBI

  • Avoid UBI because it discourages work and disrupts the path to economic success.
  • A social safety net is essential, but able-bodied people should work.
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