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All-In with Chamath, Jason, Sacks & Friedberg

Inside the Iran War and the Pentagon's Feud with Anthropic with Under Secretary of War Emil Michael

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Technology, Entrepreneurship, Business

4.010.4K Ratings

🗓️ 6 March 2026

⏱️ 83 minutes

🧾️ Download transcript

Summary

(0:00) The Besties welcome Under Secretary of War Emil Michael

(2:30) US war with Iran: Bigger picture and why now?

(13:16) Trump's new approach to warfare, AI, drones, rules of engagement

(28:39) Israel's role in the conflict, relationship with the US, Iron Beam

(37:24) Oil prices, Trump's maritime insurance play

(41:19) Pentagon vs Anthropic: Why Anthropic was labeled a supply-chain risk

(1:02:03) How to value Anthropic after its supply chain risk designation

(1:11:14) State of the US defense supply chain, the defense tech industry, DARPA, and China's military

Follow Emil Michael:

https://x.com/USWREMichael

https://x.com/emilmichael

Follow the besties:

https://x.com/chamath

https://x.com/Jason

https://x.com/DavidSacks

https://x.com/friedberg

Follow on X:

https://x.com/theallinpod

Follow on Instagram:

https://www.instagram.com/theallinpod

Follow on TikTok:

https://www.tiktok.com/@theallinpod

Follow on LinkedIn:

https://www.linkedin.com/company/allinpod

Intro Music Credit:

https://rb.gy/tppkzl

https://x.com/yung_spielburg

Intro Video Credit:

https://x.com/TheZachEffect

Referenced in the show:

https://x.com/chamath/status/2029584905831891069

https://polymarket.com/event/us-forces-enter-iran-by

https://polymarket.com/event/will-the-iranian-regime-fall-by-the-end-of-2026

https://x.com/chamath/status/2029416079781736844

https://x.com/USWREMichael/status/2029539950962626734

https://x.com/addyosmani/status/2029372736267805081

https://github.com/googleworkspace/cli

https://x.com/chamath/status/2029634071966666964

https://www.lloyds.com/about-lloyds/history/lloyds-buildings

https://www.bloomberg.com/news/articles/2026-03-05/pentagon-says-it-s-told-anthropic-the-firm-is-supply-chain-risk

https://www.bloomberg.com/news/articles/2026-03-03/anthropic-nears-20-billion-revenue-run-rate-amid-pentagon-feud

Transcript

Click on a timestamp to play from that location

0:00.0

All right, everybody, emergency podcast time. Episode 263 of All In, we have Emil Michael,

0:06.0

the Undersecretary of War for Research and Engineering, working directly for Pete Hegsa.

0:12.8

We had to get this out to you on Thursday night because it is an emergency pod. One of my

0:18.2

old besties. Emil Michael is here. Amel and I were part of team Uber back in the day he was. Travis's right-hand man. Some might say fixer. And Emil Michael is now the

0:30.3

Undersecretary for War here in the United States serving his country like our bestie David Sacks. Welcome to the program for the first time. Neil Michael, how you doing, brother? I'm doing good. I hope it was more than the fixer, but, you know, raising $20 billion. You got it done. You got it done. He would give you the hardest things, yeah? That's right. Fair enough. If it was hard, and that's what a fixer is. An operational axe. That's what they call. All right. Sure. In Brooklyn, we call them fixers. With us again. A rainmaker. There's that too. There's that too, making it happen. With us again, Chimov Pollyhappatia. How are you, brother? Great. Yeah, look at that smile. What do you got going on? You got some poker's in the fire. Not going to say any. In the coming weeks, I think some news is going to drop. That's my prediction. Are you loving Chimov's tweet-mogging that's been going on this week? So good. So good.

1:28.7

So-good.

1:29.9

He's looks maxing by default, but he's been mocking the gooners.

1:34.9

Yeah.

1:35.5

So funny.

1:36.3

What was your favorite favorite?

1:38.1

The one I sent you this morning that you said, what did you say?

1:40.6

It's so funny.

1:41.5

Are you collecting your losses? What are you saying? Chimot said, oh my God. Yes, I did. Yes, I did. Someone said something to Chabat. He's like, drops in. Why is everyone so mad at Chimot? All he did was lose billions in retail investors' but probably one page spacks it's not like

2:02.3

he then told them to enjoy their capital losses or anything give the man a break to moth's

2:06.1

response yes i did all right piling on is your sultan of science everybody's favorite had a great

2:13.5

so good some great science that he brought to the show last week.

2:18.0

Friedberg, how are you doing?

2:20.1

Yeah, I've been traveling this week back at home. All right. Sacks is out today. He's very busy on Capitol Hill. We'll talk about what he's up to next week. Let's go. Come on. Let's go. Let's go. Let's go. Go, Jason. All right. the U.S. and Israel launched a joint attack on Iran on Saturday.

2:34.4

Today is day six of Operation Epic Fury.

2:38.0

Iran. All right, the U.S. and Israel launched a joint attack on Iran on Saturday.

2:37.4

Today is day six of Operation Epic Fury.

2:44.4

Iran's supreme leader Ali Hamani was killed within hours of the operation.

...

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