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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
How Government Subsidies Can Limit Innovation
Jake, imagine a future where electric cars are subsidized heavily and a new, more advanced technology comes along. It's hindered by the government-backed cheaper option, distorting the market and preventing progress towards more efficient, cost-effective solutions.
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