4.6 • 7.8K Ratings
🗓️ 29 March 2022
⏱️ 69 minutes
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0:00.0 | I'm Barry Weiss and this is honestly and today I'm speaking with the entrepreneur and venture capitalist David Sachs |
0:07.6 | He was one of the members of what's now known as the PayPal |
0:13.9 | Musk, Max Levchin. He's also been an early investor in some companies you may have |
0:18.7 | heard about. AirB&B, Facebook, Lift, Postmates, Reddit, |
0:23.0 | SpaceX, Twitter, Uber, and full disclosure, |
0:25.8 | he's also graciously investing in our little |
0:27.8 | startup here at Honestly and Common Sense. |
0:30.8 | David is now a general partner at Kraft Ventures and perhaps most importantly he's one of the |
0:36.2 | hosts of a podcast called All In. |
0:38.6 | David, thanks so much for being here today. |
0:40.9 | It's great to be with you. So David, you are massively invested in the world of tech. |
0:46.6 | That's your world. |
0:47.6 | And I would even argue that you kind of helped lay the foundations of the world that we now live in. |
0:53.4 | But you're also something of a whistleblower, |
0:57.2 | or at the very least a critic of that world. |
1:00.6 | And to my mind, you've been making the case better than almost anyone else that despite the fact that we live in a liberal democracy with a bill of rights and a constitution and a First Amendment, whether most Americans are aware of it or not, we also are living |
1:17.1 | inside a soft version of a social credit system, something that we think of as being in China. So for those people who are |
1:26.4 | listening and hear that and think, wait what? I want you to start by making that case. |
1:37.0 | Right, well, let's just start by defining what a social credit system is. A social credit system is a system that pretends to give you civil liberties and freedom, freedom of speech, freedom to express your opinion. |
1:46.8 | It doesn't overtly send you to the gulag or something like that for expressing dissent, |
1:51.4 | but rather conditions the benefits of society, economic benefits, |
1:55.8 | the ability to participate to spend your money. |
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