Latest Interviews
Showing 256–270 of 5,331 transcripts.
Clear all filters- All-In Podcast30 min
Bill Ackman: Here's What the Market is MISSING
Bill Ackman, Chamath, Jason, David
Howard Ackman outlines a strategic evolution at Pershing Square toward concentrated long-term holdings in high-quality businesses, leveraging deep board involvement to counteract market short-termism and capitalize on undervalued legacy tech giants amidst AI-driven disruption. His approach extends to late-stage founder-led ventures like SpaceX and XAI, which he values through a venture capital lens of people and opportunity, while simultaneously repurposing the Howard Hughes Corporation into a "Berkshire 2.0" model that utilizes real estate cash flows to fund an insurance float for tax-efficient capital compounding. Ackman further explains how social media dynamics now enable persistent narratives to influence valuations, supporting a three-vehicle investment structure that includes a royalty-based management company, a public discount vehicle, and a transformed real estate holding to deliver sustained growth over decades.
- Bank of America8 min
Must Read Research: Size of the Market, World Cup & Paper Goods, Energy Contingencies, and LatAm ...
Market analysis highlights record U.S. equity holdings and a 40% S&P 500 concentration in Big AI firms, while the North American World Cup is projected to drive beverage demand and aluminum packaging premiums. Simultaneously, investors await oil price shocks below $65 per barrel despite robust long-term supply from the Permian and Canada, and Latin American macro stability hinges on the 2026 election cycle, particularly Brazil's ability to meet its fiscal surplus targets.
- The Economist16 min
Who will be California’s next governor? | The Economist
Charlotte Howard, James Bennet, Aryn Braun, Tom Steyer, Xavier Becerra, Steve Hilton
A contentious California gubernatorial runoff looms as a referendum on the state's affordability crisis, featuring progressive challenger Tom Steyer's aggressive advertising campaign against incumbent Xavier Becerra and Republican Steve Hilton's tax-cut proposal backed by Donald Trump. Critics argue that decades of co-opted ballot measures and structural fiscal deficits under Governor Gavin Newsom have driven out-migration and created recurring budget holes, fueling a narrative of state dysfunction that Republicans hope to exploit for a rare statewide victory. The election outcome will ultimately determine whether voters prioritize the status quo or support significant policy shifts intended to reverse California's economic decline and reverse its demographic power loss in Congress.
- All-In Podcast32 min
OpenAI CFO Sarah Friar: IPO, AI Rivalries, New Device, and Spending $100B+ on Compute
OpenAI's CFO Sarah Fryer announced a historic $122 billion fundraising round and detailed a strategic pivot toward a 50-50 split between consumer and enterprise revenue while managing a global compute deficit through a $1 billion Michigan data center and diversified cloud partnerships. With ChatGPT serving over 900 million weekly users and a new "agentic" hardware interface set for release, the company aims to leverage vast user data to build a potent advertising model that prioritizes user intent and memory without compromising output neutrality. Looking ahead to 2030, OpenAI projects that rising infrastructure costs will be offset by improved model efficiency, maintaining its position as a single foundational AI utility across multiple global markets.
- 80,000 Hours2h 48m
I lead AGI safety at Google DeepMind – here's the view from the inside | Rohin Shah
Rohin Shah argues that catastrophic AI misalignment is not an inevitable default outcome, contending that current training trajectories and prosaic alignment techniques offer a high probability of success against plausible but non-inevitable risks like deceptive alignment. He advocates for nuanced governance through third-party expert audits and internal safety teams rather than rigid public commitments, noting that corporate constraints often drive apathy rather than active opposition to safety measures. Shah concludes that the field should prioritize concrete, implementable solutions and competent personnel over theoretical frameworks, projecting a gradual timeline for intelligence explosions while dismissing the notion that immediate, hyperbolic growth will render safety efforts obsolete.
- Goldman Sachs26 min
The AI Investment Boom: When Will It Pay Off?
Jim Covello, Alison Nathan, George Lee
In a Goldman Sachs Exchanges episode recorded on May 26, 2026, Jim Cabello and George Lee analyze the divergence between surging AI technology and unproven economic returns. Cabello admits previous misjudgments regarding consumer adoption and hyperscaler spending patterns while warning that the current exclusive profitability of semiconductor firms creates an unsustainable market dynamic. The dialogue concludes that without evidence of enterprise-scale profitability within the next two years, the industry faces a potential correction where hyperscaler stocks are poised to outperform if capital expenditure moderates or profit distribution shifts upstream.
Why Impulse Raised $500M to Move Things in Space | President & COO Eric Romo
Impulse Space has secured a $500 million Series D investment led by 137 Ventures and Banner VC to expand its workforce and manufacturing capacity for the Helios commercial upper stage and the Mira defense vehicle. The company is pivoting its Mira product from a commercial orbital tug to a rapid-repositioning asset for the U.S. Space Force, addressing national security needs by countering adversary satellite constellations in geostationary orbit. With funding allocated to support a production rate of one Mira unit per month and initiate Helios missions next year, Impulse aims to deliver direct-to-GEO transfers that significantly reduce operational costs while leveraging a vertical integration strategy learned from SpaceX.
- Milken Institute30 min
Science of Love: Conversation with Bumble CEO Whitney Wolfe Herd & Arthur Brooks | Global Conference
Whitney Wolfe Herd, Arthur Brooks, Savannah Sellers
Bumble and Harvard Kennedy School Professor Arthur C. Brooks collaborated to release a white paper arguing that successful offline marriages drive user growth while current app metrics exacerbate loneliness and social isolation. To counter declining relationship satisfaction and the atrophy of in-person social skills, the company is launching a Q4 product that replaces swipe mechanics with AI-driven screening for toxic personality traits and prioritizes immediate real-world meetings. This strategic shift redefines compatibility around shared core values rather than rigid filters and utilizes neurochemical insights to prove that genuine bonding requires physical presence over digital simulation.
"We Don't Trust Agents" - What This CTO Knows That You Don't
Shensi Ding, Gil Feig, Molly O’Shea
Merge leverages a three-product suite to power core search and AI connectivity for major enterprise clients like OpenAI and Netflix, maintaining high-reliability SLAs while pivoting its business model toward AI-driven infrastructure. The company aggressively internalizes AI adoption across all departments to accelerate development and defend against sophisticated, automated security threats that plague the industry. Looking ahead, Merge aims to capitalize on the enterprise shift toward headless, agent-managed operations by prioritizing cash efficiency and production-grade governance over speculative valuation multiples.
- Jane Street1h 35m
The Network as a Program with Nate Foster
Nate Foster, a professor at EPFL and visiting researcher at Jane Street, bridges programming languages and networking by advocating for treating networks as verifiable programs through formal methods and Domain Specific Languages like Netcat and P4. His work has evolved from foundational theories on bidirectional data conversion to practical industrial applications, including the Butane system which compiles high-level latency policies into safe, distributed BGP configurations to replace error-prone manual router management. Foster's approach combines algebraic analysis of routing semantics with a software engineering culture that prioritizes rigorous testing and visualization, enabling complex network modifications while challenging traditional end-to-end principles in favor of in-network computing for specialized workloads.
Inside PsiQuantum: The Photonics Chip Never Seen Before
Leveraging Molecular Beam Epitaxy within a Class 1,000 cleanroom, engineers fabricate high-precision Barium Titanate on Strontium Titanate films atop 300mm silicon wafers to support single-photon quantum computing architectures. The ultra-high vacuum process employs rigorous environmental controls and automated transfer systems to ensure crystalline integrity while facilitating immediate integration into high-volume manufacturing lines with partners like GlobalFoundries. Ongoing characterization using RHEED and optical interference validates these substrates for future dual utility as qubits or storage vectors within scalable quantum systems.
- Bank of America22 min
Inflation and the inflation markets
Mark Capleton, Stephen Juneau, Alessandro Infelise-Zhou, Meghan Swiber
Strategists attribute the current surge in US inflation to Iran-related energy shocks, supply chain pressures, and AI-driven capital expenditure, while noting weaker fiscal stimulus compared to the pandemic era has kept demand-side inflation subdued. Although the Federal Reserve is likely to hold rates until labor market signals improve, forecasts now suggest a first 50-basis-point cut will not occur until the second half of 2026, whereas the Euro Area and UK anticipate earlier ECB rate hikes in mid-2025 followed by a slower cut cycle starting in 2027. Market positioning has shifted to short duration and long risk assets despite underpriced tail risks from prolonged conflict, as five-year inflation expectations remain anchored and European real rates continue to support a bullish bond stance.
- 80,000 Hours28 min
The Career Advice That's Quietly Ruining People's Lives
Benjamin Todd, Rob, Milo McGuire, Elizabeth Cox, Katy Moore
Eighty-thousand Hours challenges the conventional career advice to "follow your passion" by revealing through three decades of research that passion is often a result of meaningful work rather than a pre-existing guide. The organization proposes an alternative framework centered on five structural drivers—engaging work, helping others, competence, supportive colleagues, and basic needs—to systematically achieve career fulfillment without relying on unstable personal intuitions. By prioritizing skills that aid others over high-interest niches, individuals can avoid the stress of intense competition and secure greater long-term satisfaction regardless of income level.
- The Economist7 min
Why it’s so much harder to hide on the battlefield | The Economist
Adam Roberts, Shashank Joshi, Raleigh, Anshul
The Ukrainian conflict has transformed into a translucent battlefield where ubiquitous sensors and cheap precision munitions have expanded kill zones to over 30 kilometers, forcing soldiers to face near-certain death from saturated airspace. Top Ukrainian commanders have leveraged this "democratized precision" to inflict monthly casualty rates of 35,000 on Russian forces, effectively testing the limits of Russia's training capacity through a strategy designed to bleed the adversary dry. While this environment empowers weaker nations to challenge superior adversaries, the high lethality of modern drone swarms simultaneously renders traditional amphibious assaults and major ground invasions increasingly untenable for global powers like China.
- All-In Podcast1h 35m
Anthropic's Digital God, Pope vs AI, Job Loss Narrative Flips, Open Source Crackdown Coming?
Bill Gurley, Pope Leo, Dario, Sam Altman, Goldman CEO, Jason, Friedberg, David Sacks, Chamath Palihapitiya, Nick
Pope Leo XIV issued the encyclical *Magnifica Humanitas* to warn against AI's embedded values and autonomous weapons, sparking a debate among Bill Gurley, Dario Amodei, and Jason Sachs regarding the dangers of centralized power versus the risks of government overreach. Panelists challenged prevailing doomerism by arguing that AI will augment rather than replace human labor, citing data showing rising engineering demand and corporate efforts to establish intelligence sovereignty through open-source models and on-premise hardware. Ultimately, the discussion highlighted a shift in enterprise strategy toward cost-efficient, locally controlled systems as major firms cut spending and regulators face pressure to avoid cementing monopolies by banning open-weight technologies.