Episodes
All-In x Kill Tony: A Hilarious Holiday Special
All-In Podcast
12/24/2025
In a hilarious holiday special, the All-In Podcast hosts a live event in San Francisco featuring special guest Tony Hinchcliffe, the creator of the wildly successful comedy show Kill Tony. The evening kicks off with Hinchcliffe delivering a blistering roast of the hosts—Jason Calacanis, David Sacks, and David Friedberg—and the absent Chamath Palihapitiya, while also mercilessly mocking the city of San Francisco. The subsequent interview delves into Hinchcliffe's story of Entrepreneurship and Grit, tracing the origins of Kill Tony from open mics at The Comedy Store in Los Angeles to its current status as a phenomenon based in Austin, Texas. He discusses his controversial performance at a Donald Trump rally at MSG (Madison Square Garden) and champions Comedy as the ultimate test of Free Speech. Hinchcliffe also details his challenges with Censorship on YouTube, contrasting the platform's restrictive policies with the creative freedom offered by Netflix and its CEO Ted Sarandos, and credits Elon Musk with shifting the conversation on free speech by acquiring Twitter. A highlight of the night is when the All-In hosts play a game of Kill Tony, engaging in pointed Roasting of one another. The special culminates with the 2025 Bestie Awards. Alphabet is named biggest business winner for its dominance in AI (Artificial Intelligence), while Apple and Warner Bros Discovery are named losers. The consensus CEO of the year is Jensen Huang of Nvidia, with A
Scott Bessent: Fixing the Fed, Tariffs for National Security, Solving Affordability in 2026
All-In Podcast
12/22/2025
In a comprehensive interview on the All-In Podcast, Treasury Secretary Scott Bessent outlines the Trump Administration's economic strategy, positioning 2025 as a year of 'setting the table' for a prosperous 2026. Bessent champions the administration's aggressive use of Tariffs as a vital tool for National Security, detailing how they brought Mexico to the table on fentanyl and countered China's dominance in rare earths. He refutes claims that Tariffs cause inflation, citing a San Francisco Fed study to argue they are disinflationary. Addressing the disconnect between a booming Wall Street and a struggling Main Street, Bessent blames the high Inflation and price levels on the 'mess' inherited from the Biden Administration and its massive deficit spending, a claim he supports with a study from MIT. A significant portion of the discussion is a deep critique of The Fed, which he argues, since the Great Financial Crisis (GFC), has become the 'engine of inequality' through its prolonged use of Quantitative Easing (QE). This policy, initiated by former chair Ben Bernanke, created a 15-year Asset Bubble and a two-tiered economy, a thesis Bessent notes is supported by author Karen Petrou. He discusses the search for new leadership, reviewing Fed Chair Candidates like Kevin Hasset, Chris Waller, and Rick Reed, all of whom favor a less interventionist Fed, more akin to the era of Alan Greenspan. Looking forward, Bessent details the administration's industrial policy, a form of State C
Bernie Sanders: Stop All AI, China's EUV Breakthrough, Inflation Down, Golden Age in 2026?
All-In Podcast
12/19/2025
In this episode of the All-In Podcast, the hosts dive into the contentious public and political debate surrounding AI. The discussion is sparked by Bernie Sanders's call for an AI data center moratorium, which leads to an analysis of AI's negative perception. The hosts present conflicting frameworks: David Sacks argues for accelerating development to win the critical AI Race against China, while Jason Calacanis represents the average American's valid fears about Job Displacement, a concern also voiced by figures like Elon Musk. Chamath Palihapitiya diagnoses a severe AI perception problem, suggesting the tech industry must earn a social license to operate by demonstrating broad societal benefits, drawing parallels to the philanthropic actions of industrialists during the Gilded Age. The conversation explores the idea of Anti-AI astroturfing, with Sacks detailing how a 'doomer industrial complex' funded by billionaires like Vitalik Buterin and Dustin Moskovitz through organizations like the Future of Life Institute may be shaping the narrative. This is countered by a recent Vanguard study that shows AI-exposed jobs have higher growth, challenging the AI job loss theory. The focus then shifts to the US economy under the Trump Administration, with a heated debate over recent Inflation and jobs numbers. Sacks sees the beginning of a 'golden age', while Calacanis points to a major disconnect between the administration's narrative and the experience of everyday Americans. A major segme
Tucker Carlson: Rise of Nick Fuentes, Paramount vs Netflix, Anti-AI Sentiment, Hottest Takes
All-In Podcast
12/12/2025
In a special episode of the All-In Podcast, guest Tucker Carlson joins hosts Jason Calacanis, David Sacks, and Chamath Palihapitiya (with regular David Friedberg absent) for a wide-ranging discussion. The conversation kicks off with an analysis of the bidding war for Warner Bros Discovery, pitting Paramount—backed by the Ellison family including David Ellison and Larry Ellison—against industry giant Netflix, led by Ted Sarandos. The hosts debate the strategic implications of this potential Media Consolidation, with Antitrust concerns and the declining relevance of legacy assets like CNN and CBS News (now run by Bari Weiss) in an age dominated by User-Generated Content platforms such as YouTube and Tik Tok. The focus then shifts to the rise of controversial commentator Nick Fuentes, whose show is on Rumble. Tucker Carlson frames Fuentes's popularity as an inevitable, defiant reaction to pervasive Identity Politics, a narrative tracing back to an early career clash with Ben Shapiro. Conversely, Chamath Palihapitiya argues Fuentes's moment is fueled by an inorganic Coordinated Amplification campaign, and criticizes media figures like Piers Morgan and outlets like the New York Times for platforming him in a way that boosts his profile. A significant portion of the episode is dedicated to dissecting Anti-AI Sentiment. Tucker Carlson explains it as a rational response to the perception that AI (Artificial Intelligence)'s risks—chiefly massive Job D
OpenAI's Code Red, Sacks vs New York Times, New Poverty Line?
All-In Podcast
12/5/2025
The All-In Podcast, hosted by Chamath Palihapitiya, Jason Calacanis, David Sacks, and David Friedberg, delves into three major topics: the intense AI's competitive landscape, a controversial New York Times article targeting David Sacks, and the economic debate around the US Poverty Line and the rise of Socialism. The first segment analyzes OpenAI's declaration of a 'Code Red', a management strategy by CEO Sam Altman to refocus on the core ChatGPT product as its Market Share in Generative AI declines. The market is portrayed as a dynamic five-horse race between OpenAI, Google (whose Gemini model is gaining significant ground, aided by leaders like Sergey Brin and Demis Hassabis), Anthropic (excelling in Enterprise AI with its Claude model), Elon Musk's XAI (strong in current events with Grok), and Meta. Key strategic factors discussed are the importance of Distribution (as a competitive advantage), the constant 'Leapfrogging' in model capabilities, and a trend towards Specialization (in AI models). This vibrant domestic competition is seen as crucial for winning the broader US vs China AI Race against China. The second segment provides an in-depth look at a New York Times article accusing David Sacks of Conflict of Interest in his role at the White House. Sacks refutes the claims, detailing how he divested assets at a great personal loss to avoid any conflicts (a process vetted and approved by the Office of Government Ethics (OGE)) a
Molly’s Game Uncensored: The Truth Behind the World’s Most Infamous Poker Game
All-In Podcast
11/26/2025
In a live interview with the All-In Podcast in Las Vegas, sponsored by Oracle at The Venetian, entrepreneur Molly Bloom recounts the uncensored story behind her infamous High-stakes poker enterprise, known as Molly's Game (Poker Game). She details her journey from being a competitive member of the US Ski Team to moving to Los Angeles and starting the game, which originated at the Viper Room and quickly attracted Celebrity poker players like Tobey Maguire and Ben Affleck. Jason Calacanis mentions being invited to an early version of the game held at The Four Seasons. Bloom describes the business's ascent and the conflicts that arose, including a dispute with Tobey Maguire over renting a Shuffle Master and his eventual role in taking the LA game from her. This prompted her to move to New York City with the ambition to build an even bigger game, creating a luxurious atmosphere inspired by Monaco and James Bond movies. However, this expansion brought darker elements, including involvement with the Russian mob from Brighton Beach and a violent shakedown by the Italian mob, who threatened her family in Colorado. Her eventual downfall was precipitated by her illegal decision of Raking the game, which led to an FBI investigation and raid. The United States of America, through the notoriously tough Southern District of New York, prosecuted her. After the government seized her life savings through Asset forfeiture, she was left broke and facing prison. To rebuild her li
Epstein Files Fallout, Nvidia Risks, Burry's Bad Bet, Google's Breakthrough, Tether's Boom
All-In Podcast
11/21/2025
In this episode, the All-In hosts delve into several major developing stories. They begin with the political and social fallout from the impending release of the Epstein Files, a move signed into law by Donald Trump. While they believe the direct impact on Trump may be minimal, they anticipate significant embarrassment for figures like Larry Summers. The discussion explores the enduring mystery of Jeffrey Epstein's wealth, with Jason Calacanis recounting his past encounters and the hosts speculating that Epstein may have been an asset for an intelligence agency like the CIA, which could explain the extensive cover-up involving individuals like Leon Black of Apollo. The conversation then shifts to the explosive growth and profitability of Tether, led by CEO Paolo Ardoino. Chimath Palihapitiya provides a detailed breakdown of its business model, highlighting its massive holdings of US Treasuries, its competition with Circle, and how Stablecoins are reinforcing US dollar hegemony globally, while also noting the pending regulatory landscape of the CLARITY Act and the company's connection to hubs like El Salvador. The focus then turns to the AI hardware market, analyzing Nvidia's stellar quarterly performance under CEO Jensen Huang. This is contrasted with the bearish thesis of investor Michael Burry, who alleges tech companies are using GAP accounting rules and manipulating the Depreciation schedule of assets like the H100 GPU to inflate earnings. David Friedberg provides a detai
Home Affordability Crisis, Palantir's Advantage, Big Short on AI, H-1B Abuse, Solar Storm Hits Earth
All-In Podcast
11/14/2025
In this episode, the All-In Podcast dives into several key economic and technological topics. The discussion begins with an analysis of Michael Burry's significant short position against AI and Palantir. Burry's central claim is that tech giants like Meta and Oracle are 'cooking the books' by manipulating the Depreciation schedule of their AI hardware, such as H100 GPUs, to inflate earnings. The hosts challenge this, pointing to Google's own accounting changes, which are justified by the long, useful life of their hardware, with 7-8 year old TPUs still at 100% utilization. Regarding Palantir, its high valuation is defended by its unique market position and the leadership of CEO Alex Karp. The segment also criticizes CNBC for financial illiteracy in its reporting on Burry's short. The conversation then pivots to the severe Home affordability crisis in the U.S., where the average first-time homebuyer's age has surged to 40. The hosts discuss a clip from Ben Shapiro advocating for geographic mobility and contrast the policy outcomes of different cities: Los Angeles is criticized for its new Rent control laws, and San Francisco for its restrictive building environment, while pro-building Austin, Texas is praised for successfully lowering rents. The hosts identify Student loan debt as a major barrier to homeownership and discuss a proposal by Bill Ackman to make universities share in the loan risk. The debate over the H-1B visa program is also explored, following recent comments from the Tr
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option
All-In Podcast
11/7/2025
In this episode of the All-In Podcast, guest Brad Gerstner joins hosts David Sacks, Jason Calacanis, and Chamath Palihapitiya to dissect a tumultuous week for OpenAI. The conversation kicks off with Sam Altman's controversial and 'feisty' response on Brad Gerstner's podcast to questions about OpenAI's massive $1.4 trillion spending commitments, which intensified market fears of an AI bubble and impacted the stock prices of partners like Microsoft, Nvidia, Oracle, and Broadcom. The situation escalated when OpenAI's CFO, Sarah Frier, mentioned a desire for a Federal backstop for AI in the Wall Street Journal, a remark she quickly walked back after it was widely perceived as a bailout request to the US Government. David Sacks firmly dismisses the idea of a bailout, highlighting the robust competition in the AI sector from companies like Anthropic (with its Claude model) and Google (with its Gemini model). The discussion then broadens to the geopolitical AI Race between the United States and China. Nvidia CEO Jensen Huang's warning that China could win is a key talking point, with the hosts citing the US's disadvantage of navigating a complex patchwork of State AI Regulation versus China's centralized and efficient approach under the Chinese Communist Party. David Sacks advocates strongly for Federal Preemption for AI to establish a unified national standard and prevent 'ideological capture' of Generative AI models by state-lev