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All-In with Chamath, Jason, Sacks & Friedberg

NBA Gambling Scandal, Tesla Trillion Dollar Vote, Billionaire Tax, Amazon Robots, AWS Outage

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Alllin, Coronavirus, Calacanis, Palihapitiya, Health, Sacks, Friedberg, Allin, Entrepreneurship, Covid19, Gambling, Grow, Investing, Iq, Tips, Tech, Business, Jason, Startups, Poker, Technology, Money, Learn, Davidsacks, Davidfriedberg, Chamath

4.27.1K Ratings

🗓️ 24 October 2025

⏱️ 85 minutes

🧾️ Download transcript

Summary

(0:00) Bestie intros!

(1:02) CA Billionaire Tax

(17:00) Major NBA gambling scandal

(29:51) Amazon's eventful week: AWS outage and leaked robotic automation plans

(49:55) Tesla earnings, Optimus, Elon's pay package, "corporate terrorists"

(1:03:54) Study shows AI bias

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

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Intro Music Credit:

https://rb.gy/tppkzl

https://x.com/yung_spielburg

Intro Video Credit:

https://x.com/TheZachEffect

Referenced in the show:

https://www.latimes.com/california/story/2022-05-25/rick-caruso-jeffrey-katzenberg-bicker-los-angeles-mayor-election

https://www.thefp.com/p/rick-caruso-refuses-to-shake-jeffrey-katzenbergs-hand

https://www.latimes.com/la-influential/story/2024-06-16/jeffrey-katzenberg-hollywood-fundraiser-democrats

https://www.cnbc.com/2025/10/23/nba-billups-rozier-sports-betting-arrests-gambling.html

https://oag.ca.gov/system/files/initiatives/pdfs/25-0024%20%28Billionaire%20Tax%20%29.pdf

https://x.com/MovieTimeDev/status/1968107643643498744

https://www.coindesk.com/business/2025/10/23/polymarket-seeks-investment-at-valuation-of-usd12b-usd15b-bloomberg

https://x.com/SawyerMerritt/status/1981119824991322553

https://www.nytimes.com/2025/10/21/technology/inside-amazons-plans-to-replace-workers-with-robots.html

https://nypost.com/2024/02/21/business/googles-ai-chatbot-gemini-makes-diverse-images-of-founding-fathers-popes-and-vikings-so-woke-its-unusable/

https://ogletree.com/insights-resources/blog-posts/10-faqs-about-californias-new-algorithmic-discrimination-rules/

https://www.crowell.com/en/insights/client-alerts/artificial-intelligence-in-employment-update-illinois-requires-notice-and-prohibits-discriminatory-impact-in-use-of-ai

https://www.nytimes.com/live/2025/10/23/nyregion/nba-illegal-gambling-arrests

https://x.com/AndrewDBailey/status/1981409771505713650

https://seekingalpha.com/article/4832142-tesla-inc-tsla-q3-2025-earnings-call-transcript

https://x.com/shayne_coplan/status/1981016949309239616

https://www.bloomberg.com/news/articles/2025-10-23/polymarket-is-seeking-funding-at-a-valuation-of-up-to-15-billion

https://www.google.com/finance/quote/DKNG:NASDAQ?window=1M

https://www.google.com/finance/quote/FLUT:NYSE?window=1M

Transcript

Click on a timestamp to play from that location

0:00.0

Maybe we should have Deskratziod Corner as like a regular feature of the pod.

0:03.7

Good idea.

0:04.6

I like it.

0:05.2

Disgratioid corner.

0:06.3

Each of us can give our Deskratziat of the week.

0:08.6

Oh, yeah. Disgratziad at the end of the show.

0:10.1

Yeah, I love that. And then we could do a Bestie Award at the end of the year for Deskratiott of the year. Sacks, once again this week, I'm giving my disgracad to Jason Jalcanus of what is the

0:20.1

opinions from the main stream.

0:21.7

I'm trying not to give it to you every week, but you made it hard this week. Let me tell you. That's right. Once again, you're sniping from the relative safety of your Texas ranch. I know. I got the 50 calibers up. You want to jump on the ranch. Get ready for the 50. I think we're all going to. You're all going to have the ranches next to me. If this California wealth tax passes.

0:43.3

Oh my God.

0:46.7

Let your winners ride.

0:49.7

Rain Man David Sachs.

0:53.8

And it said, we open source it to the fans and they've just gone crazy with it.

0:58.0

What's the story with the California wealth tax?

1:04.0

Can somebody explain this to me?

1:06.0

Okay, so the SEIU, the service employees union, filed a ballot initiative, which means a direct-to-voter vote to amend the California Constitution, to introduce a one-time billionaire's wealth tax, where billionaires, anyone who has assets over a billion dollars, net of their debt, has to pay a one-time tax of 5% of their net worth,

1:30.3

including their private stock, including their real estate.

1:33.3

You said 5%?

1:35.3

5% of their net worth.

1:37.3

Not of their income of their net worth.

1:39.3

The entire net worth, one-time payment to the state of California, and then there's an allocation

1:44.6

on how that money will be spent. But it's a one-time billionaire tax. Now, it is very likely

...

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