The Nerd Reich

2. The Dark Power of David Sacks: How Tech Elites Fuel Authoritarian Politics

30 snips
Mar 27, 2025
Jacob Silverman, a journalist and author of the forthcoming book Gilded Rage, and Kate Willett, a stand-up comedian and host of Dystopia Now, dive deep into the influence of tech elites like David Sacks. They discuss Sacks's connections within the PayPal mafia and the authoritarian trends shaping political discourse. The conversation also touches on cryptocurrency's dark side and its ties to crime, while highlighting podcasting's role in modern political discussions. Predictions are made about how these forces could reshape democracy.
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ANECDOTE

PayPal Mafia Origins

  • David Sacks, Peter Thiel, and Elon Musk, all South African immigrants with elite educations, became key figures in Silicon Valley.
  • Their rise began with PayPal and culminated in significant political influence, exemplified by Sacks's role as Trump's "Crypto and AI Czar."
INSIGHT

South African Tech Elites

  • Sacks, Thiel, and Musk, all South African immigrants, met at Stanford and later worked together at PayPal.
  • Their shared origins and early collaboration at PayPal laid the groundwork for their current political influence.
INSIGHT

Early Ideologies and Controversies

  • Sacks and Thiel's book, "The Diversity Myth," reveals their long-standing opposition to diversity and women's rights, predating current culture wars.
  • Their controversial views, including downplaying date rape, offer insights into their current political stances.
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