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All-In with Chamath, Jason, Sacks & Friedberg

Trump vs Powell, Solving the Debt Crisis, The $10T AGI Prize, GENIUS Act Becomes Law

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

🗓️ 19 July 2025

⏱️ 79 minutes

🧾️ Download transcript

Summary

(0:00) The Besties welcome Gavin Baker!

(1:51) Markets: Pricing in tariffs, Trump vs. Powell, solving the debt crisis

(19:24) The $10 trillion AGI prize, what artificial general intelligence and superintelligence looks like in the economy

(38:33) Sacks and Bo Hines join to discuss the GENIUS Act and the CLARITY Act passing the House this week, and what it means for crypto in the US

(52:42) AI Infrastructure: $90B in new investments announced, Nvidia H20 export restrictions lifted

(1:06:06) Sacks interviews Senator Bill Hagerty on the passing of the GENIUS Act

Follow Gavin Baker:

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Follow Bo Hines:

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Follow Senator Bill Hagerty:

https://x.com/SenatorHagerty

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Summit scholarship application:

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Follow the besties:

https://x.com/chamath

https://x.com/Jason

https://x.com/DavidSacks

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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.bloomberg.com/news/articles/2025-07-16/trump-likely-to-fire-powell-soon-white-house-official-says

https://www.nytimes.com/2025/07/16/us/politics/trump-powell-firing-letter.html

https://polymarket.com/event/fed-decision-in-september?tid=1752872350388

https://www.cnbc.com/2025/07/15/cpi-inflation-report-june-2025.html

https://www.cnbc.com/quotes/US30Y

https://polymarket.com/event/will-trump-remove-jerome-powell

https://polymarket.com/event/who-will-trump-announce-as-next-fed-chair?tid=1752854752131

https://www.politico.com/live-updates/2025/07/15/congress/house-gop-crypto-bills-trump-00455645

https://www.nytimes.com/2025/07/15/us/politics/trump-ai-pittsburgh-speech.html

Transcript

Click on a timestamp to play from that location

0:00.0

So, Gavin, were you at the Cold Play concert in Boston last night?

0:05.5

Sadly, I missed that.

0:08.0

Who are you with?

0:09.5

Exactly.

0:10.4

I was at home with my wife, but yeah, wow, how insane.

0:13.9

There's just so many layers to that story.

0:16.3

It's impossible to get away from.

0:18.1

It'll be 72 hours of memes.

0:24.3

Dave, were you at the cold play concert in Boston last night? And if so, were you with Woody, your astronaut friend? Did you take

0:30.9

Woody to the concert? No counselor. I was here in Santa Cruz last night. Oh, you were in Santa Cruz on a business trip?

0:38.4

Okay.

0:39.0

The funny thing is, if they had not reacted the way they did, the camera would have just panned

0:44.0

away.

0:44.6

Yeah.

0:45.1

Nothing.

0:46.0

No one would have ever known.

0:47.1

There is some great irony to the head of people and human resources being in an affair

0:53.1

with the CEO apparently

0:54.8

allegedly

0:56.0

don't jump to conclusions

0:57.1

Jason

0:57.6

no it could have

...

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