so i was not going to bring this up sack said bring it up no no no no no no no you're already creating mischaracterizations you said you want to bring it up i'm like sure i don't know i'm not going to veto it i said well you have to bring on my covid obviously i'm the second bestie to get covered and i told you offline
without the other two besties uh i will just say i got it at a social function period end of story you said it's okay to talk about yeah it's not like i wanted to bring it up you want to bring it up and i'm allowing it because i i'm fine with it so go for it we all got something at saks's event you got covet i got chlamydia
oh you guys went to the downstairs rooms downstairs you promised it was a great party all right let's let's hear jason's accusation i've been hearing about it all week in the chat it was a great party jason you were angry you were angry and you were yeah you were really mad at sacks because you thought he actually
gave you covet even though saks had people test every single person tested on the way in except you jacob j cal you walked around the velvet i have and you said guess what i'm a bestie i don't have to test and you walk right in that party at the end of the day there's nothing one person that flooded the rules got it karma's a jacob nothing better
personifies poetic justice i do not place blame on anybody foreign you make fun of him you poke him in this super spreader it was a gop superstar you go to his party and you run around the velvet rope and you don't get your test and you go in and you walk out with why should i have to test why should i have to it was really
amazing i don't wait all night so i'm a bestie i think he walked out with kovac because i think he walked in with covet there you go he's the only one not to test so who brought it in test my daughter and i came to your wonderful party it was amazing it was delightful and we tested and no you didn't when when you got the party
testing with me i had the bracelet i tested it a hundred percent well i remember when you got into the party and i said how'd your covet test go you said oh i pulled my bestie card i walked around i pulled my best picture that's not true that's true that's why you said that you guys are getting probably making up now no you
said that okay i mean i may have made a joke but hold on guys and then i find out the reason why jade wasn't at the party she was home taking care of two sick kids no she wasn't we yes she was one kid all right here's what happened i went to the party uh i did test there was a group of people that got there early had tested at another event
they told me this they tested before they got there and they told me that they had accidentally uh brought it with them because they were the first to have a positive test result so in all likelihood it was that group there's no it doesn't matter who brought it because omnicrom ominicron is going everywhere
what is it um it's a it's a character from trade i don't understand that what do you mean they brought it with them if they tested negatives came from another location they tested they claimed they tested then they were the first to come up that next day with a positive result which takes longer 24 hours to incubate right
so that means they must have brought it with them they they tested it on sunday and had it they were your supporters negative at the door they did not test at the door they told me they told me they tested the day before no everybody was just at the door oh you're trying to blame it on no i specifically have tried to not say
the person's name and you're trying to include it's gonna get bleeped out it doesn't matter they were all negative at the time of the party you hosted a super spreader they didn't get it till like five days later so they were not the earliest detectives you tested positive you had symptoms before they did remember the tickle in the throat guys
remember what he said last week he had the tickle in the throat anyway thank you for giving me um omicron i am now super according to all results i am now superman have you tested negative now not yet i i did a test yesterday nine days later i'm still coming up positive i had two days of symptoms not that any of you give a
you rap bastards did you just laugh about my covet nobody had no point in this conversation did any of you say how are you feeling was there any chance of death was there any chance i was triple i had done modern yeah at any point though did you feel like oh i may have to go to the hospital no that's too bad i felt the tickle in
my throat on tuesday he coughed three times he seems twice and prematurely ejaculated once those were his symptoms [Music] [Music] this is going to be our prediction show last week we did of course our 2021 bestie awards uh how did everybody feel about last week's awards i think it was great yeah i was happy it was a fun show i
think we um we all got to kind of talk about stuff we wanted to talk about and uh and it was pretty dynamic i thought it was a good show i liked it it was like the greatest hits so uh we're going to do some predictions for next year are you gonna do a drum roll in a and a little scene as well yes okay here we go
here's an opening but it's gonna be like flying into the future like going through space space warp speed warp speed biggest political winner 2022 what did tucker carlson's former writers uh tell you to say sex [Music] people were intrigued about what was the second battle about that was the big debate
who knows i can't remember the battle about the beep beep which led to me writing the google doc about beep beep oh i know what it was then i deserve a better award for that who's your biggest political winner okay come on let's stop at the inside baseball my biggest political winner for 2022. i predict uh my man ron desantis will be
the big winner he's up for re-election in florida he won uh in 2018 with less than one percent of the vote it was a real nail-biter this time i think he's going to cruise to re-election quite handily and become the national front-runner on the gop side and the reason is because he had the right approach on kovitt he
made the vaccine available he made the antibodies available but ultimately he treated the population like adults he let them make their own decisions he kept businesses open schools open and i think the rest of the country is going to come around to his point of view because the unstoppability of omicron next year and so i think that
desantis who is much maligned and disparaged will come out as the big winner a year from now all right who do you got free burke vladimir putin um i think putin's gonna benefit from the rising conflict between the u.s and china uh the other day there was a call between putin and um g and they said uh and and putin called
g his dear friend and said that relations between the two countries had reached an unprecedentedly high level and i think that his position um economically as a trade partner with china and as a beneficiary of chinese economic prosperity will only grow as tensions between the us and china rise i think we're seeing that with some of
his cavalier behavior with the ukraine right now and i think putin will become a stronger player on the global stage uh particularly as it relates to his relationship with nato uh over the next year um and he's been a little bit quiet the last few years he was kind of i'd say suppressed with sanctions and all the other nonsense
that's gone on uh to keep him at bay but he could kind of rise up again in 2022 and and he could become a real player on the geopolitical stage globally um in a more meaningful way than he has in the last couple years i mean you you white guys love putin it's crazy the whites love poop i don't love it god i hate putin i
mean if you ranked if you ranked russia gdp do you know even do you have any idea where it even ranks you know russian gdp is probably i mean you guys for the amount of time you guys give probably probably nigeria is like crushes russia nobody ever talks about nigeria has all the same inputs except they're black they
just don't have 2 000 nuclear weapons i mean this is a big reason i mean it's a fallen empire for sure but they still have thousand nukes yeah they land the position the energy that it provides the only one in europe i mean russia is geopolitically pretty uh significant insignificant economically significant
because they have a madman running the country i don't think he's a madman but i'm just saying that you know there's a there's a lot of ink that's spilled about russia and i don't think anybody even takes a step back and actually looks like who do you got for yours it's not true in the world guys uh my my worldwide
biggest political winner for 20 to 2022 is xi jinping i think this guy is uh he's firing on all cylinders and he uh is basically ascendant so 2022 marks the first year where he's essentially really ruler for life and so i don't think we really know what he's capable of and what he's going to do and so that's just going to play out you think he's the
biggest political winner really oh my god i think i think it's going to be a he's going to run roughshod not just domestically but also internationally because you have to remember he controls so much of the critical supply chain that the western world needs to be i think he's completely i think you're completely wrong i think
he's losing his power he's scared that's why he took out all these ceos he's consolidating power because he fears that they're gonna win too big and then displace him and he has massive real estate problems over there that could blow up at any moment in time he could face a civil war there i think he's totally isolated himself
civil war they don't even have a major country is removing their factories and removing this dependency there what are you talking about what are they what's that what are they gonna riot with uh did you not see tiananmen square did you not see the riots in hong kong are you not paying attention to moth there's been many riots in china
to kill those were crushed and that's not saying it would be actually he still will have massive amounts of uh i believe protests and yeah i think i think i think the the bigger risk is is that china gets better for xi jinping but worse for everybody else in china it's already worse for all the billionaires uh over there it's worse
for the tech industry you've now got evergrand that whole uh you know gigantic debt implosion i think there could be contagion from china next year i don't think she's gonna lose his grip in any way but i'm not sure china's gonna have a good year next year it's gonna be terrible um i went with ron desantis with you sax i think he's obviously um a
much more um he's a much more palatable candidate than trump and i think trump is not going to want to run and that brings me to my biggest political loser for 2022 as we segway i believe this is going to be split between biden and trump the two most important people of the last uh four years and i think biden
is going to lose the midterms and i think trump is going to get destroyed with this january 6th thing and uh bow out and not run again who do you got for your biggest loser let me add an octogenarian to that which is my my pick for biggest political loser next year is nancy pelosi i there's a red wave coming the democrats for sure are going to lose
the house that is baked into the cake and i predict she will announce her retirement shortly after that she has served you know a couple of pretty consequential terms as speaker she's never lost a vote but with this whole build back better she forced all her moderates to take a vote on five trillion in new spending which
they then lost in the senate and that's gonna cost them some seats so she contributed to i think her own downfall that's going to happen next year is nancy to come work at social capital and you're going to give her a bucket of capital to work with to try to play the market by the way jason who's the excellent writer you got from tucker because i
want to hire them all right listen i uh i got somebody from the youtube comments who said they would they would punch me up all right i got biden and trump nancy pelosi uh and then who do you got freeburg who's your biggest political user of 2022 prediction mine's a little uh depressing but i i'm honestly a little
bit worried about the united states influence on kind of a global stage socially politically economically and i think that there's a number of events that could catalyze kind of a precipitous series of events um that could really harm the continuing influence the u.s has geopolitically so i i um you know i don't really have an
individual but i kind of have the us and it's and its role on the global geopolitical stage u.s influence u.s influence yeah and you said you thought there was going to be this uh potential tipping point perhaps you see that being taiwan or what i've got a couple of them i think when we get into our contrarian
points of view i'll share some of them okay uh chamath who do you got for your biggest political loser for 2022 prediction well look i uh i like your pick of trump which is not mine but just a double down on this trump thing it's incredible to see that he's just a bamboozler you know that's the same guy who's like you know
telling people to not take the vaccine gets boosted then you know when he finally gets outed with this other scumbag what's that guy's name what's that other right knob sacks take out your phone and go to speed dial just read it those two dopes on stage are like yeah i got boosted what about you yeah i got triple facts then and then everybody's
booing them i mean they're just such watch what they do not what they say guys the great thing is they are phenomenal entertainers but you can't trust a single word that they say so uh jason i i think that that's a pretty good pick my pick is the progressive left um as a class because i think these guys are being
exposed basically for just being laughing stocks they'll be quickly becoming policy jokes inside of washington and in every city state that they run they just can't seem to put one foot in front of the other and they've been run amok with folks like these teachers unions who have really really really done a number on our
children which is now finally getting exposed in the mainstream media and so all of these policies are just they're not rooted in any sort of science or legitimacy so they are i think going to pay a pretty heavy political price for mainstream voters in 22. you know what they remind me of those two guys like uh the old guys from
the muppets statler and waldorf that's what like those uh trump and uh o'reilly are okay i think biden can still save save a lot of his long-term reputation i think trump's what would biden need to do in 2022 number one he needs to disavow the the progressives and basically shore up his party's ability to win back some seats
and hold the line and so how would he do to be able to enter some of these places with some of this rhetoric that you know he basically was convinced would be necessary for him to not lose the progressive left there just needs to be a conversation inside the white house where they actually go through the cold
political calculus of you know my enemy's enemy is actually my friend kind of thing and actually go back to the center yeah he needs to pull up bill clinton then trying he needs to pull brooklyn okay and quickly too i think it's way too early to conclude that the bind presidency is over i mean i think i think they're gonna lose
congress next year that's baked into the cake but he's still got two years after that to pull his chest outside of the fire and if the republicans overplay their hand and he tacks towards the center you know he can change his fortunes he can change his fortunes quickly he's down a pawn but he could develop the
board i got him all right i think the voice of populism is only going to swell over the next year and um that that's going to be the predominant force that's going to drive both the alt-right and the progressive left and it you know you could make the case that you know politicians that are in seats should be kind of disavowing these what
we today are calling kind of extreme voices but they're only getting louder and the importance of kind of populist movements not just in the us but you look around the world i mean look at what's happening in brazil uh various european countries i mean it is like so you think populism is going to have a a rebound in 2022 we're all
saying that we think it's fizzling well i can i just say free breakfast i think populism swelling and i think it's going to get louder and okay low interest low interest rates are simply keeping things at bay for now and i think that's going to shift very quickly and um populism just means what's popular and so i think there's a huge silent
majority that's always stayed on the sidelines because they're not the ones that that are tend to tend to have a tendency to complain but when things get important enough they typically show up and so you know we may find that actually centrism is what's most popular i think populism is um anti-elitism and
i think that there is a growing concern globally because of globalization that power and capital has been concentrated in the hands of a few that the voice of the majority is we want to be shared we want that to all be shared equally and that's what's driving populism around the world and it's in the us you know manifesting in different ways
on the left and the right and you'll see this in other countries around the world but i don't see the fundamental driving forces changing there until and unless we have massive taxation and redistribute wealth in a meaningful way or some massive shift in government um that that voice is gonna get any quieter
i think it's only gonna get louder and there may be perturbations between here and there of like what it looks like but it doesn't seem to be going away that that's that's just to me kind of the underlying driving force and it's manifesting with different political stuff right now but interesting um it's not it doesn't seem to be silent biggest
business winner for twenty twenty two month let's start with you small businesses um i think what we are starting to see is that these monolithic monopolistic megacorps aren't everything that they're cracked up to be and so there's going to be a certain amount of lock-in that we will tolerate there's going to be a lot of taxation and policy
that prevents its further growth and all of that opportunity accrues to smaller companies and so in general i think that if you are on the side of the david versus these goliaths over the next year you're going to have or well frankly over the next several decades but starting really next year you're going to do really well and the
middle companies so the folks that are neither huge nor are small let's take a you know an example like a shopify 100 billion dollar market cap but by no means is it a trillion dollar market cap their success comes from enabling you know arming the rebels and so i'm a huge fan of these enabling this
enabling layer for small businesses both offline and online who do you got freebird um i am actually gonna go with stripe stripe is a payment technology company based in san francisco uh stripe raised money earlier this year at a 95 billion dollar valuation um the highest valued ipo tech ipo in history was alibaba they were valued at 230
billion dollars when they went public we are hearing rumors that stripe might you know kind of or think that the bankers think they might be able to break that and so stripes ipo could be the biggest tech ipo ever um i think they've been talking about doing a direct listing by the way i don't know the guys i don't know the
investors i don't know the company i'm not an investor so i don't have any information whatsoever i'm simply an observer and and talk to people in the market but it sounds like they're going for direct listing and we could see that become the highest valuation tech ipo ever and then they will become kind of the golden child next year
uh and you know kind of be be part of the you know the the top of the top what do you got sex i got rise of the rest meaning the parts of the united states that are not the traditional california new york centers of industry and wealth i think it's a trend that's been going on but it's going to keep getting bigger next
year if you guys saw the net migration numbers by state they're absolutely stunning stunning so and it's the it's the zero tax states that are just booming right now it's states like florida and texas and tennessee and on and on it goes at the huge expense of california and new york i think that trend's only going to
pick up steam now that salt is dead i think there was a hope on the part of many people that you know trump got rid of salt but and the democrats were supposed to bring it back and then aoc rejected it it's not coming back and what that means is that if you're in safe california for example you know with assault deduction your
effective tax rate was around eight percent not 13.3 percent now it really is 13.3 percent that's a huge increase and the politicians in california don't even realize that the tax rate has effectively gone up to the end taxpayer and uh and and the quality of life isn't any better we're not getting anything more for that and so i think this x is
coming so that's that's the subtle map that they actually really need to understand that 500 basis points you can overcome that if your life is five percent better in enough ways where you're like it's fine and the reason why people are leaving is they feel that their life is actually much less than five percent
worse right if the traffic light doesn't justify it you know your windows are getting smashed in all the time safe your kids are you know depressed and need counseling because of the way that the teachers unions lock them out of school you're just like forget this i can't do this anymore right you gotta add those two numbers yeah you're here
that's what that's what people really need to appreciate i don't think it's the actual effective tax rate but it's the delta of how poor your quality of life has gotten over these last few years relative to the tax you pay yeah i totally agree with that and then one other effect that i think plays into this is the reshoring of american
industry which is not happening in places like california new york it's happening in places like texas sure samsung just announced a 17 billion dollar investment in a new chip foundry in texas here i'll post this and there's a lot of things like this happening so as we decouple from china and bring our supply chain home let's go
that is going to be a big factor in the rise of the rest love it love it it it's great it's great for america because the wealth does need to be more evenly distributed it can't just go to tech and finance elites in california in new york yeah all right um i had two uh disney was my uh biggest corporate winner for 2022
disney plus crushing it parks raised prices people want to go to the park spider-man just had i think the number two or number three all-time opening in a pandemic which is crazy that ip is going to continue to work for them john favreau and david fiolini i think is how you pronounce his last name both crushing it
with mandalorian boba fett one of the great characters from our childhood now is going to have his own book of boba fett starting on december 29th is that today or tomorrow uh tomorrow and so i think disney's gonna have a huge surge i think they're undervalued but my my number one for this category of biggest business winner
for 2022 was millennials in gen z i think that they became completely empowered and independent they shook off the participation trophies and their entitlement during covid they realized that they have skills that are valuable they're sought after they learned how to make money they traded crypto they did stock trading they're
doing shorts puts whatever on robinhood and they're just not impressed with people in power and they increasingly want to build and make money i think that those two generations have woken up and i think they're going to be the biggest winners in 2022 because dovetailing with your smbs chamoth i do think uh and i'm seeing it across my
entire portfolio of companies uh you try to hire somebody and they're like yeah but maybe i can start my own company and sacks are actually saying a flavor of the same thing actually yeah because all these smbs aren't gonna happen in new york and san francisco they're happening all over america and they're people that are
taking empowerment into their own hands there's tooling for them and there's opportunity economic opportunity for them to build businesses on their own and basically just say you know few build your nothing builds your confidence like moving from one city to another and having that's a very empowering thing to
do when you're just like you know what i'm going to just leave and go somewhere else i'll make it myself so i feel like they are uh super impressive to me i really believe in i really believe in this because the three of us got there in totally different ways but i think it's roughly all the same we might be triangulating around a trend here
biggest business loser for 2022. i'll just give it real quick i think crypto projects that actually don't deliver a product in 2022 are just going to be um lost i think this idea that people are going to bet on things that don't exist in the real world or don't actually have applications is going to end it's time
for crypto to put up or shut up and i think the crypto projects that do that which a number of them are starting to are going to soar but it's going to be a big shake out there what do you got for biggest business loser in 2022 freeburg i agree with you actually that was mine yeah oh wow i said crypto bubble will burst there's
a lot of scammy nonsense going on 90 of these projects okay you know are not going to yield value and fundamentals and i also think that rising interest rates are going to affect the crypto market there's a lot of leveraged trades into the crypto assets those will start to deliver as these interest rates shift up
and as a whole you'll see a large percentage of them go away or decline in value but a small number will continue to grow in value just like we saw when the dot-com bubble blew up there was a number of companies that survived most of them did not and the few that did survive ended up being coming worth 10 times what the current market value
is and i think that that's still possible with these crypto projects but uh i'd say 90 percent of them are probably going to start to blow up next year what do you got your mother well i guess i'm fading you guys and i'm also fading implicitly friedberg's pick of stripe but my biggest business loser for 2022 is visa and
mastercard and traditional payment rails and the entire ecosystem around it so i think that this is the year you can put on what probably will be the most profitable spread trade of my lifetime which is to be short these companies and that anybody that basically lives off of this two or three percent tax and be long well thought out
web three crypto projects that are rebuilding payments infrastructure in a completely decentralized way now that doesn't necessarily mean that what you say won't also happen both that stripe will have an incredible ipo and that a lot of these scammy crypto projects will go to zero however if you read the white papers of these crypto
projects and you systematically put together a framework i think you can be long those and you can be short visa mastercard because i think this is their peak market count and for those of you don't know fading and sports betting taking the opposite side of a bet taking the opposite team i guess man
visas market cap is half a trillion dollars huh it's incredible it's a completely contrived duopoly and what does it mean to a young person and mastercard's almost 400 billion so they're trillion dollar combined market you have to understand that the canary in the coal mine here is pretty significant the most important thing is
amazon earlier this year nick maybe you can post this decided to just shut visa off in the uk oh yeah now amazon is not going to do something like that in my opinion unless it's a test of what they can do all around the world and again going back to this idea of arming the rebels there really is no need today for all of these small
businesses to sit on top of visa mastercard and amex rails it's unnecessary and so it'll probably get developed in the developing world first this is why i think you know focusing in markets like nigeria to me are way more exciting than talking about you know these fading western european countries who cares right
this is where this stuff will happen um it's not to say that those are those other companies can't you know trundle along for a while but when i say you know we'll look back in 10 years and their market caps will be materially lower anybody in those traditional infrastructure and rails versus anybody in this new
infrastructure in rails will be it will look like a no-brainer do you consider the buy now pay later companies like a firm and upstart or whatever i don't know if upstart fits in that category but some of these buy now pay later businesses as being the alternative to the traditional payment networks or do you think that it's a different business
no i right now i think what what by now pay later is is is a rate arbitrage right when as you said earlier rates are very very low so the cost of capital is low but it again starts to habituate the consumer experience to i don't need to pay these users rates to these three credit card companies to facilitate a
transaction of money that i already have or money that i'm good for that's the big idea right and so when you translate that into web 3 in a good project or a good series of projects you're not going to need these companies and so it's going to i think eviscerate trillions of dollars of bargaining you also have in between these two venmo
and cash app which are not crypto but they certainly as brands mean more to you this is why like do you think yeah do you think block used to be called square is a good fair trade against visa mastercard in this context yeah i like it you know i think that that that starts to get closer to to the truth my perspective is
you can kind of short anybody who's public because anybody who's public can really only be public or will go public because they feast off of this artificial two or three percent transaction fee everybody does the companies you want to belong are those private companies in crypto that you can read the white papers of whose
protocols have utility and who's building some element of infrastructure that replaces a traditional business so as long as you can kind of build those things up biology for example had a bunch of tweets this weekend where he was like you know i he has this idea for a mirror table what is that that replaces you know cap table management
right now why is that important well it because it touches all of these really important kyc aml investing laws across all these countries in all of these places it's just a very simple example of where the new company that actually builds that capability of these mirror tables will do so at virtually no cost and so
it'll have a 50-person team and so they're not going to have offices all over the world their cost basis will be you know an or order or two orders of magnitude let's face it visa mastercard became a tax and you can't compete in decades to have that power over folks but i think a firm does break that a firm breaks it because the people who
are selling then decide you know what we'll give a little bit of a discount here to get more people to buy go ahead they were the classic network monopoly network effect monopoly business right like they got the small businesses they got the credit cards and by extension the consumers on the network and ultimately they created
these these absolutely locked in networks but as with all networks complacency kind of you know drives innovation and this field innovation that we're seeing is now starting to figure out ways to not just crack their way into the network but to replace them with an entirely different model last point on this this
is not one where i think this disruption happens slow i think it happens swiftly swiftly being five to ten years no like in a year yeah chamoth's point is really interesting because there's you know there are several billion people globally who do not have credit and who are unbanked and so if you think about where this is more likely to come
from it's more likely to come from an innovative model in those markets that then ultimately finds its way into the developed world versus you know trying to break apart visa and mastercard and go get these small businesses to switch out of them and so on uh today so it's it's really interesting okay sax what do you got i
don't know if it's biggest loser but the thing i'm most worried about is in 2022 the fed is going to stop quantitative easing or so they have said they are i guess march will be the last month in which they do this qe so starting in april there won't be any of this liquidity pumped into the system and so i think the the losers are going
to be any of these asset classes that are heavily dependent on or have benefited from all this excess liquidity sloshing through the system uh it's true that the stock market i think has already priced in rate increases and an increase in the discount rate but i don't know if markets can fully price in
a reduction in liquidity we don't know exactly what that's going to look like and so if liquidity is reduced next year i think that could reverberate through a bunch of markets including you know everything from sports cards you know collectibles which have gone through the roof to art to crypto to you know maybe some growth stocks and on and on it goes
so that's my biggest worry is what happens when the fed stops qe and the biggest loser is markets because of uh quantitative the markets that have to get off drugs basically okay most contrarian belief uh saxophone tell us your muscular and belief since i'm sure that you workshop this with the contrarian peter thiel himself
it never ends yeah i mean so i i have a couple of them here actually you want to wait and go after everybody else sure yeah go ahead uh i don't even know if this is contrarian or just unconventional but i think that all of this pressure in on the progressive left will manifest in the chosen one aoc deciding to step up and run against
schumer in the primary in june of 2022 and she will lose wow that's a good prediction i like jamaat's prediction that's a bold one yeah that she would lose is well sorry just to give a little bit of color in this like let's just assume that she doesn't right and and you know that she shouldn't but let think about where
she's sitting build back better is over there's an enormous amount of stuff happening right now where you know it looks like the progressive left is really going to be put under pressure and it's almost as if if she's really going to be the standard bearer and she needs to do something quickly otherwise she's going to have to wait
until she's 38 you know she's you know another six years from now because it's not unlikely that she's gonna run against kristen you know kirsten gillibrand so this is kind of like it may be a moment where out of her sheer frustration she steps up and then we will see whether freeberg is right or i'm right whether the populism
is really around the left or the populism is really around the silent majority what do you got sex i think i think that's a very good prediction um in a similar way i predict that there will be a strange new respect for bill clinton in the democratic party by the end of next year why because after the
red wave there'll be a recognition that they need to move towards the center they need to triangulate and and clinton was the one who provided the formula for doing this he dragged the democratic party back to the center after they were losing elections and the other piece of this is going to be that it's already the case in polling that
hispanics and asian americans now are swing voters and i think you're going to see in november 2022 that they go for republicans of big numbers and so the idea that the democratic party can just coast to election based on demographics i think that theory is going to be imperiled yeah and so and so they're going to be looking to
clinton and maybe not so much obama as the as sort of the predicate they should be you know aspiring to in the future i think what's important about that is those groups of people i think are offended by the free money get something for nothing they're hard-working immigrant people who have pride they don't want handouts and then
you have this left white liberal maniac saying no no you're poor you need handouts you don't you shouldn't work you need handouts you're you know uh and i just think they don't buy it and that's why i think they're gonna go to the republicans because republicans are hardworking and freedom-loving and what was clinton's big tagline in his
campaign he he said that he supports people who work hard and play by the rules that was that so crazy that's the message the democrats got to refine right now they seem to be on the side of basically drug addicts i mean you know people who junkies are contributing nothing and pitching tents in the middle of public
spaces and you know participating in open air drug markets yeah what do you got free and sore losers don't forget sir losers yeah and hysterical free burgers and hysterical people i mean being hysterical just never good luck if you'll bear with me i have i have three but um uh i couldn't really pick so the first
one is i think and i shared this on the pod the other day i think we'll see the start of um great global conflict we we often rationalize the series of events that that catalyze conflict after the fact rather than recognizing that there was emotional conditioning that allowed it to arise in the first place i think we're in a state today
where the conditioning is such that we're more inclined to engage in conflict globally than we have been in a very long time i don't know if it's kind of the conflict meter or what have you but you know you could see proxy wars uh and proxy conflict that arise sort of like what we're seeing you know maybe something in in the ukraine maybe
something related to taiwan but this is primarily predicated by the fact that we've got uh kind of this inflationary environment and the rise of populism will force the kind of domestic policymakers and legislators to say we should do something that's active and something that will allow us to unite our nations
to go and get into a conflict somewhere or more likely to do that than not and so i would say that the conditioning is there to see something like that happen and so we're not kind of thinking hey next year's going to be a year of war and that's why it's contrary and i think that there may be war that we're not kind of paying attention
to today or that will surprise us after the fact the second thing is i'd say china may solidify its position next year and this is going to sound a little crazy as a leader in climate change mitigation whereas it's historically been considered kind of the primary foe against climate change and there's a couple of behaviors
we've seen come out of china recently that i think number one remember china's a very rational actor they do analysis they make decisions based on long-term investments in thinking they recently announced that they're going to build 150 new nuclear reactors over the next 15 years at a cost of roughly 450
billion dollars that's about 3 billion per nuclear power plant the us is currently spending 30 billion dollars building two power plants in georgia so the chinese have figured it out they've also publicly declared that they're going to be completely carbon neutral with their economy by the year 2060 and they're making the investments through
these nuclear power plants to demonstrate that they're actually on the road to do that and there are a number of other infrastructure initiatives that are meant to help them achieve significant reductions in uh in carbon by 2040 so so let me just point out why this is important because right now everyone thinks china's the
foe they're causing climate change they're the biggest problem imagine if over the next year some of what they're doing pays off and everyone says my gosh china is leading the world in climate change mitigation their influence socially and politically will rise and this this gives china a very strong kind of position you know on
the global stage and with with kind of people around the world thinking instead of china being a foe maybe they're the leader and the u.s is the laggard um and that creates a my third is very random which is some sort of natural catastrophe we we never account uh you know all natural catastrophes are very low probability
but very high severity if you multiply the probability by the severity you have what's called the expected loss we always undervalue the expected loss of massive catastrophes natural catastrophes we haven't had one in a while uh it's a very low probability bet for me to say hey maybe we will but if we do
um it's certainly under-appreciated in markets today and so when these kind of you know black swan type events occur did you uh did you watch don't look up on netflix is that why you're no what is that it's a new movie about uh crap don't watch it uh it's it's polarizing let's leave it out for now okay um i'll watch it it's crap my most
contrarian belief is i think this is contrarian is that american influence and exceptional exceptionalism is going to soar i believe that is contrarian uh i think we've empowered this next generation as i talked about earlier millennials gen z are ready to be independent to build and i think gen x is going to start
taking over from boomers as is what's happening in this very podcast here as we start to hit or reach time years as executives um and then all these boomers are retiring as chamath has pointed out over and over again and they're going to pass down their wealth which then creates a perfect storm of a ton of capital a ton
of energy lots of new ideas a different perspective when the economy is going to boom uh and we will prove once again that we're the greatest country and economy in the world jk you're not you're not a contrarian you're what we call an optimist yeah okay and then i'll add to that jkl what are we are we gen x we're gen x yes and the fighting over
covet abortion guns social justice and all this stuff is so exhausting not that these are not important issues that i think everybody is going to move to let's just start respecting and building and solving problems and i just think american exceptionalism will be um all that happens in 2022 i just think that that is my contrarian
belief for 2022 everybody believes it's a primary race i think everybody believes it's coming apart i don't think anything's coming apart from the next century in a year i think it's going to be a great year i think it's going to be a great year can i give my second contrarian prediction oh god here we go yes okay it's good
here it is i think the media the media is going to pull a total 180 on kovid okay so after pumping out coveted fear porn for two years they're gonna change their tune next year um some of the things you're gonna hear we need to live with covid it can't be eradicated they're even gonna say it's it's more like a cold or flu they're gonna say
that politicians can't be expected to stop it they're going to memory hole their support for lockdowns we never supported that and why is all of this because we have an election next year and more americans have already died from covid under joe biden than donald trump that's appreciated memory hold what was your
term yeah you've never heard of the term memory hole it's what the problem is got it yeah but did you guys know that that more americans have already died from covet under joe biden under donald trump that is stunning yeah it is stunning are you sure yeah 100 now his writers triple fact checked it yeah they did they did no look look
it up um and it's certainly it's going to be even more true worse.com now look i don't blame joe biden for that sorry wait why is that because trump had no vaccine and biden has had vaccines and everything else maybe it's the consistency of them we've had a consistent you know one to two thousand people die a day fourteen
hundred a day so maybe it's just that consistency in the us yeah i think it's because of the republican states that refuse to do any mitigation okay let's keep going look i don't blame biden for that i don't blame any president united states nonetheless biden campaigned on the idea of he's quote unquote shutting down the
virus um he he and the democrats claimed to that they would be able to eradicate it that was the entire basis for all these coveted restrictions now it's it's the case that it can't be done everyone's realizing that they're gonna have to move the goal post a memory whole ever saying that and so the democrats desperately need covet to be
over for the 2022 midterms therefore the media will say it's over well you started to see it already because the media is probably scratching their head they were the ones trying to force these lockdowns you know basking in the glow of whatever press release the the centers for disease control would put
out and all of a sudden the cdc just had to do a complete 180 and when they used to force 10-day quarantines for these positive tests and people with covet they just backtracked to five and why was because there's nobody to work yeah the delta ceo asked for it last week and now they're i don't know if that's exactly true the cdc ultimately
really is just in the hands of big business and so when big business needs these workers to come back you know they and it probably pissed off a lot of unions who would have loved to have just had a positive test and stay home forever the teachers unions particularly here we are so this is a really tough situation well and look and
to be clear the message that the media is going to deliver about kovid next year it'll be the first time i agree with it but it's completely dishonest to them to pretend like they were never in favor of lockdowns and they completely inflated the threat and created this whole hysteria and next year they're gonna
have to back off but also take it because no politicians that this new variant is much less deadly so it would be logical for people to take a less severe application on it now hold on jason we don't know whether there are more variants to come in the future that could be much worse the cdc makes a decision broadly speaking about everything
they're not making a decision about omicron they didn't say if you have omicron because not only if they really even test for it i'm just talking about the reason they shortened this is because they didn't know what they were doing before they don't fundamentally know what they're doing now they're making best
guesses and the problem with these best guesses is that they're inaccurate and it forces enormous amounts of waves of havoc every time they make it you know what i'm talking about i'm talking about sax's prediction that the media will flip a logical person including everybody on this call because of omicron taking over
for delta and being a natural blocker it would be the logical thing to do so in defense of the media which i'm not apt to do it's logical for everybody to take a different approach right now because omicron is 40 times more contagious it blocks delta and it's become the dominant variant i think right now the
media is confused they're not sure which way to go so you know there's a high probability that they tacked towards what sax is saying but if you read the new york times article it was through gritted teeth they presented the fact that the cdc changed the guy yes if you read that article it was like pulling teeth what do you mean when you say the
media can you just define that a little bit it's everybody about fox news come on it's the elite prestige media it's the new york times the washington post cnn msnbc on and on and on do you think there's a bigger audience with the aggregate of those publications you just mentioned or the direct to the consumer
publications that are happening on youtube of course they're being disaggregated because of their dishonesty so does it matter yeah of course it still matters because they still have a lot of influence they do and no offense to everybody on youtube but we haven't gotten yet to the economic viability where enough people
on youtube can cover the broad spectrum of things that are important and then the mechanisms and incentives to amplify it so for example that's a good point we still need cnn there was a woman on cnn nick please post the clip that you we posted in the group chat talking about the incidents of suicide rates and depression in our children and
what happened when they were locked out of school for two years okay and i am not going to stop talking about this because this is the issue of our times these are our kids well i want to get to under-reported stories uh as well jan oh for me i mean my kids hear me rant about this every day so i may as well tell you guys it's it's the crushing
impact that our covert policies have had on young kids and children uh by far you know the least serious risk for serious illness uh but i mean even teenagers you know a healthy teenager has a one in a million chance of getting in dot and dying from covid which is way lower than you know dying in a car wreck on a road
trip but they have suffered and sacrificed the most especially kids in underrepresented at-risk communities and now we have the surgeon general saying there's a mental health crisis among our kids the risk of suicide girl suicide attempts among girls now up 51 this year black kids nearly twice as likely as as white kids
to die by suicide i mean school closures lockdowns cancellation of sports you couldn't even go on a playground in the dc area without cops scurrying getting shoeing the kids off tremendous negative impact on kids and it's been an afterthought you know it's it's it's hurt their dreams their future learning loss risk
of abuse their mental health and now with our knowledge our vaccines if our policies don't reflect a more measured and reasonable approach for our children they will be paying for our generation's decisions uh the rest of their lives and that to me is the greatest under-reported story of the past year and i don't see it being
talked about anywhere we talked about it first you know i posted that link about the decrease in iq points and then we started to talk about it there slowly and now it's trickling into the mainstream media where they're forced to talk and who's impacted it's not rich kids it's a common kind it's all of ours that was a fantastic clip that cnn clip
was fantastic the ones who are the ones who get hit the hardest they can't do supplementals don't don't minimize what this is this is every child yeah very disproportionately effective the data was that it's disproportionately affecting minority kids yeah okay and that could be because of the sociology of the
parents but jason you can also have rachel's parents okay jay so i'm just saying parents i'm saying all poor kids white poor kids who are public schools poor kids they're getting hit by minority kids of all kinds but frankly the point is it's all kids of all kinds okay so we don't need to sub-segment this to make this issue go away and seem
smaller than it is we have literally put tens of millions of children yes at risk because of our behavior yes i'm agree with you and i'm not trying to minimize it or make it a smaller issue your point is that none of the smaller audiences um or smaller new media folks on youtube or their podcasting have enough breadth
to really make an impact by talking about this topic is that what you're saying that the mainstream media is needed to hit the broad base no what i'm saying is very specific the people on youtube cover what the people on youtube want okay the people on podcasts cover what they want they're all very narrow their narrow niche okay
yeah there is no set of incentives that then threads that together and then amplifies right in the absence of those two mechanics right those are software mechanics and economic mechanics that need to get built in what we lose is signal right that in my opinion right now over the last two weeks is the single most important
signal and it is nowhere except for this one clip on cnn and the discussion that we had two weeks ago because the youtube i just want to be really clear on this because youtube is full of react videos right and video games which is fine and the concern is missing yeah is talking about this issue and actually holding people accountable and who
should be held accountable in every single county where it was basically a board of education that was trying to shut these kids out who stood up and who told that story nobody did and if it was trying to be told it wasn't amplified correctly enough and so what happens is after two years of damage to all of our kids tens
of millions of kids there's a couple of fissures one fissure was on this podcast which i'm very proud of another fissure was this one few minutes ago cbs cbs whatever which is sunday show yeah but my point is these are the things that really matter and we haven't figured it out yet what you're saying and i think it's a really important
point is that as a youtuber as a podcaster you pick your niche that you can hit home on and you hit home over and over every week but no one says i'm gonna broadly talk about the issues of our time and make sure no no that's not true we do we do but it's it's a small subset but i think the bigger pictures
there's more than a million people a week that listen to this we've we've far exceeded msnbc's average viewership we're probably going to pass you know most cnbc shows and some cnn shows by the end of next year so we will do it but there's not enough there needs to be more of us we're an opinion show as much you know we're not a traditional
reporting show right in the sense that like go out gather data and facts and present them or do you disagree with them not that they do that anymore i disagree with that i disagree i actually think we do a decent job of filtering for the truth and the reason we're able to do that is because of our friendship
we can hold each other accountable and call out the when we see because we don't have incentives we don't have anything to lose right i don't think there's anyone here but i want to build on something that sack said see it is very hard for the media to hold this dissonance because they're saying everybody needs to shelter in
place covid is you know this huge thing they put the death count they put the case counter up they won't talk about debts in icu they won't talk about who's getting coveted because they have an incentive to get more ratings through kovid or trump and they took that and then it's a narrative violation or it's cognitive dissonance if they say at
the same time everybody needs to shelter in place this thing is really deadly but we should send our kids to school so they couldn't take that position sax and chamoth they couldn't take the position that oh well kids could go to school because that would go against hey everybody needs to shelter in place and
they picked i think covet is this super deadly thing everybody has to shelter in place over children you're giving them way too much credit i think what happened was they had a position to re-aggregate lost power and they took it that's real sense they did not think about the true consequences and it may not have
happened at any one individual reporter level but when it ladders up to the editorial board and the decisions of the people who run the mass heads of these organizations they made the decision that currying and organizing power was more important than shining a light to do the right thing specifically in this case the thing that
aggravates me the most is around our kids yeah i think they were going for ratings but anyway we can keep debating it well one thing we can say for sure is they created a hysteria whether their motivation was ratings or a power grab or political advantage there was probably all the above but the bottom line is they wanted to create a hysteria
and they've been pumping covid fear porn into the population for the last two years but my prediction like i said is that it all flips next year why because there's an election and the way the media figures out what it's gonna what its narrative is gonna be is they start with the election result they want and then
they reverse engineer the narrative that they think is going to help achieve that election result and if it means contradicting what they said yesterday they will memory whole what they said yesterday in order to get on board the new narrative that is what's gonna happen i do think you're right but i think i just i wanna i don't wanna lose this
threat because this has nothing to do with covet meaning covet was a symptom of this but if you really thought that the organized mainstream media had the right to be you know has a purpose to be on the right side of justice where were they when when school boards were stripping out you know advanced placement programs for
kids or where were they when they were shutting kids out or where were they when they were engaged in eight hours they can't go against whether you know a male can be on a committee you know because he's gay but he's not you know black i mean these were the issues that stopped our children from literally walking into the
classroom every day well i mean they just those stories were not told and they didn't happen just in one place they happened all across the country and this is where those folks had a responsibility because they also probably had kids and they didn't do a thing about it that one issue for me really drives me crazy
let me ask a probing question here we assume we're going to get out of this um you know pandemic in 2022 knock on wood no more variants what is the obligation and technique the strategy to solve what we did to these kids and i just want to put out there we don't have to answer it now but i think we could
spend an episode that's a very difficult question jkl that i think you need so sociologists and psychologists and educators we also need entrepreneurship and ideas and we need to have a dialogue so we can bring them on but if we're going to spend all this money on buildback better how about we build back the 20 loss iq points that these
kids have and then we do something about the depression and anxiety they have hallelujah jason we're never going to get there because the teachers unions won't even acknowledge that learning loss exists the leaders we need to break the teachers unions period yes oh let me make a prediction in that regard next
year there is going to be a ballot initiative in california to before school choice and the way it's gonna work is that i think there's something like thirteen thousand dollars spent per pupil in california that's right that's right there's gonna be there's gonna be a ballot initiative that says that any parent who wants to send their kid to an
accredited school can get a voucher for thirteen thousand dollars from the state that's just gonna be on the ballot competition let's go i predict it will be the big big election in california and maybe the nation next year and i think more than 100 million will be spent on both sides of that thing and i
i can't predict it's going to win i hope it does this is a topic worth fighting over this is something important to fight over yes absolutely it's school choice because you know what absolutely these guys pulled the wool over everybody's eyes they slipped them the mickey they hoodwinked them you need choice we know this as
entrepreneurs if there is no competition things do not get better these school unions are complacent well let's make a resolution let's make a new year's resolution because i think we all agree on this um i got approached about this ballot initiative it's it's going to happen there's going to be like i said a major ballot
initiative next year for school choice in let's get california it all in summit profits we'll put towards this yes let's do it let's pull i'm in i'm in let's put some money behind this i want to tell you just to more personalize this issue because i really think a lot of people listening struggle with this i entered the pandemic with rules
i had rules about devices i had rules about you know how much time they could be online i had rules around physical fitness right i had rules around diet and it all went out the window and it became this thing where it was like feed them the best they can sometimes they eat lunch with us sometimes they
have to eat lunch by themselves because i'm stuck on some stupid zoom you know back to back in these dumb meetings because these kids aren't at school their only way to interact with their friends became video games like fortnight where they could at least talk to their friends yeah but then it became an addiction where they were doing it
for hours and hours yeah and now i'm trying to and you know they gained weight because they weren't physically active and i am trying to unwind as is nat as is my ex-wife we're doing it together as a team it is so hard absolutely hard what about all these people who don't have the access to the resources that i have to try to unwind this and then what
happens is i send my kids to the school and oh they may have a headache guess what they get sent home and then their brother and sister have to get sent home too until you can test and be coveted negative for a day in a row and so there's yet another day of school loss totally nuts and it's like this is supposed to be one
of the best schools in the country it's not totally and then i think what is every other school like then if this is what i if this is what i know my children have to do i think we should make this we should have this as a major theme for 2022 for the pod i think it's we need to hold educators and teachers unions accountable
absolutely school boards accountable all around the country to fix this this is your responsibility you need to fix it listen we held police officers responsible in the last year or two we've seen this you know policing being really like a spotlight put on it well let's put that same spotlight on teachers and administrators and schools
they'll never do it they'll never do it without competition you that's the only way to politicians hold their feet you know what what i learned to build on what you said was i just decided to get a teacher and obviously i have the means to do it it's i know most people don't i certainly didn't have it growing up we could barely you know
afford to exist but i think homeschooling is a viable option so with that 13k i can tell you five parents um who are in an underprivileged area can take that five times their team and take that what is that 65k and put it together and for 65k they can hire a teacher and they can do a better job with those
parents and a teacher for those five kids i guarantee it so let's go to best performing asset of 2022 what do you got your mom this is simple this would be battery metals uh lithium nickel cobalt okay graphite put them in a basket like you can be along these things and rapid fire stacks what do you got best
performing apps i just said series a venture because it's pretty unoriginal it's what i do i think growth got a little bit over funded and overheated and i think the seed stage also there's like so there were so many new c investors again it might have been partially because of excess liquidity so series a is still the choke point and i
think it's still the best area to invest in innovation's not gonna stop there's gonna be great series a investments next year i also picked early stage startups because uh that's where the magic happens i picked early stage like right before series a i think spacking direct listings raising money people coming down to do the series b's all of
that is creating a pull for more startups and the founders are getting very sophisticated in terms of finding product market fit and scaling globally you know earlier and that's what's creating these great big outcomes whether it's uber or facebook both figuring out and airbnb how to go global quickly so my choice for best performing
asset of 2022 is still early stage startups freeburg what do you got obviously best performing asset in terms of a multiples basis you're never going to beat seed stage investing certainly um but uh you know i tried to highlight uh and continue my uh kind of contrarian bet that we're to see increased global
conflict next year again driven by you know incumbents trying to hold on to political office and increase the inflation and fueling economic growth and the american response to china so in a world of increased global conflict i think assets that do really well are energy commodities and energy stocks i recently made a big bet on energy stocks uh
defense stocks and it used to be a gold it could be the case that bitcoin uh you know sees a a role as being a defensive uh position in portfolios in a world of uh of war and conflict so though those are my kind of macro themes for for asset most anticipated trend of 2022 what he got you off a trend you're anticipating in 2022
peer-to-peer payments um the destruction of traditional rails uh it will come out of africa great sacks what do you got this is where i had the civil war between progressives and programmatic liberals so building on what jamaa said you're already seeing this in the feud between london breed and chase a boudin that is
really gonna i think blossom next year we have not heard the last of that you saw it in philadelphia where the mayor michael nutter took on larry krasner i think you're gonna see it in new york city between eric adams and these manhattan elites um and you also saw it in washington d.c where the progressives were blaming
mansion for you know the losing the build back better so this is a civil war it's going to continue and uh which moth predicted with aoc versus schumer would would certainly play into that so uh it's grab the popcorn it is the the trend i'm anticipating the most all right there you go uh do you anticipate a similar trend with like the alt-right
trumpians and desantis and that kind of thing breaking up how do you see that playing out not not yet because um trump isn't on the ballot in 2022 so i actually think the republican party is going to be surprisingly united in 2022 i think where the trouble might come in is when we have a republican primary in
2023 and especially if trump runs then you know all hell's going to break loose so who is who are the two people who would be most viable against trump in that 2023 ron desantis and ted cruz nikki haley vicki helen that's going to be that's going to be fireworks freeberg what do you got anticipated trend my biggest uh
anticipated trend for 2022 is going to be a gold rush in biotech into what i think will become the cover story on magazines throughout the year that humans have discovered the fountain of youth and this will arise from these investments in what are called yamanaka factor based cell reprogramming methods
i've talked about this on the pod in the past a few years ago scientists identified that four chemicals could trigger gene expression in cells and get those cells to effectively revert to being stem cells and more recently demonstrated that using lower amounts of those chemicals and other what are called kind of epigenetic
epigenetic factors can trigger partial cell reprogramming which causes cells in the body to act youthful as a result of those discoveries an absolute gold rush is now underway um more recently yuri milner jeff bezos arch and others put a billion dollars to seed a new company called alto's labs to pursue therapeutics in this area google
has individually funded a company called calico led by art levinson the former founder and ceo of genentech and uh just recently uh blake byers and brian armstrong announced their new company called new limit with a hundred million dollars their own personal capital all of these companies are pursuing the same effort which is um
basically causing cells to be youthful to regenerate in a youthful way and as a result you see kind of organs um and and systems in the body uh act more healthily and there will be magazine covers and you know uh 60 minutes arctic stories and all sorts of stuff will start to happen in 2022 saying oh my gosh as because the amount
of money that's gone in in this year is going to cause breakthroughs and discoveries to start to get published about next year and when that starts to happen and the media and the pr cycle start to kick up you'll see this become the year of yamanaka factor based reprogramming and everyone's saying it's gonna be the biggest gold rush
um in biotech since recombinant dna um was used by genentech in the uh in the 80s and 90s all right and uh i had uh most anticipated trend of 2022 being the incredible investor laws are going to change and evolve and it might just be you take a test and you're now accredited it doesn't matter if you won the lottery or you make 200 000 a year
and a legal crypto framework is going to happen i think at the same time so those regulations combined are going to empower really interesting capital formation uh on a global basis whether it's running a syndicate with everybody in the world including non-accredited investors or dows or those two things merging
or as biology is talking about you know a cap table over here that's mirrored on a blockchain at the same time and people being able to trade their interest in chamot's fund or sax's fund or one of my syndicates with tokens on the internet and that could become that's pretty cool a major unlock where you know if you were in i don't
have a fund i run a meager family office well if you were in your earlier funds and somebody and there was still stuff trickling to social capital three the people who have that could sell it back to you or sell it to each other if they wanted to get liquidity um and that's going to be super interesting especially
if it could happen just globally where some person in china decides they want to have access to u.s funds rlps could just start selling if it was structured that way most anticipated film tv series media yadda yadda for 20 20 22. what do you got yellowstone season nine uh sex so what's the first two episodes it's
really great i mean you forget what a great actor um what's his name is uh kevin costner coster is a great actor yes yellowstone is great i'll be watching next season but what i had down here is thor ragnarok uh the writer director of td is back if you saw um the last thor movie ragnarok ragnarok the new one is called thor love and
thunder yeah and you know thor went from being i think one of the most boring marvel characters in the first two movies to totally being one of the funniest and yeah you know most fun in his last movie so i think that sequel will be really good and then the other one is they're doing a prequel show for game of thrones called house of
the dragon i'm gonna have to watch that and then the probably the the um star wars show i'm looking forward to most would be the obi-wan kenobi show with you and mcgregor so that was anakin and i had as well the obi-wan show the boba fett show and the mandalorian shows all coming back are going to be absolutely bonkers and
then there's also this um token uh series that's coming out the prequel i think that amazon spending a billion dollars on and i think that's landing in 2022. uh what do you got chama it is the all in summit in may in miami and uh the the birth of all in media so i think that we by the end of 2022 we'll have um published content written content not
necessarily by us well but uh other forms of uh media interaction that get the truth out to a large swath of humanity is this moving is this moving beyond just a couple of besties doing a podcast during lockdown what what all right wait so all in media is that a new acronym all in media what are we doing should we buy like a
cable channel and just go 24 hours the name is the truth media a media okay there you go i didn't even know this is news to the rest of us but is uh building on the media broke okay here we go who are we gonna hire tucker um there'll be no shortage of folks who will want to come out of the woodwork to work with us on this and i think the
goal should just be to make sure we figure out what the real north star is so that we never deviate and part of the biggest things that that we did guys was not trying to hustle for some few you know shekels here or there which was like jkl wanted to yeah what are they talking about we're going to work out we're going to
talk in a minute about the plan for the summit the purity of not wrapping this thing with crappy ads and all kinds of nonsense is we've never lost our way we don't need some stupid deal for some crappy media company we all have independent ways in which we can monetize our lives and our hard work
and so we should come to this to always tell the truth i think that that's a one of the i will say one of the great innovations that and decisions that you championed was not putting ads on it i hear it all the time for people i mean we're saving you from yourself jacob it's an interesting idea where you use advertising basis
that's not driven by advertising dollars and not driven by greater by trying to maximize page views and clicks and visits um then it completely changes the equation of what's possible i think this was part of the idea of what publicly funded media was supposed to be but it obviously got you know maybe a little bit too far
afield yeah it was it's just two yeah just two well then they started adding ads i don't know if you remember that they lost some funding and they're like okay we're gonna go for sponsorships they're not ads or sponsorships so you're saying we're the new pbs no it's something different we do this without any expectation of
financial reward we do it because we enjoy it and so what's up for you jkl you've been no i mean i have other things that make money thank you very much i didn't know we were doing this category who what bbc show that nobody watches are you going to recommend does it matter i mean come on what show from finland with subtitles uh i don't know
you know i spent a lot of time watching um like esoteric videos and stuff i find on youtube i really think it's so interesting it's such a different way of consuming media just tell us what video game you're playing anderson is putting out a porno all right what video game are you playing i called uh i called freeberg on
the phone to talk about the ledge when he was going crazy on the group chat he's like i can't talk him on a video game what video games i was actually playing a video game by annapurna interactive which is larry ellison's daughter's media production company and apparently i didn't know this they had a video game
arm and the video games are and the game i was playing was called maquette and um you kind of you kind of have this like interesting movie like poetic experience as you play the game so it's not really just designed to be action-packed and i don't know i thought it was a very interesting new way of um entertaining oneself okay we can move on
it was highly stimulating she made a simulation of a biology lab and uh you actually get different beaker sizes and you have different sub proteins like you start you get to buy all of these lab equipment you want but it means it's actually easy it's kind of like a simulation it's like the same speed you must first mine it
and the way that you mine is by solving mathematical equations i made a cruelty-free fish device dish in my laboratory because of the genocide of fish that was a little controversial take last week i got dms from people that was a spicy take freebird did you get any blow back from that spicy take last week the spiciest of the fruit
i'm actually going to respond to everyone that sent me a note directly was it really because i people are like you're well well here's the thing the comment i made that i think really triggered people was i said that animal agriculture is worse than human slavery and maybe i'll just address it now real quick yeah
you know i think the the point of view that people took away from that was that i diminished you know the pain and the the resonance uh in today's kind of socio-economic context of uh human slavery particularly recently in america um and that wasn't my intention at all clearly not your intention yeah what i'm trying to highlight is you know first of
all human slavery has been around as long as humans have been around right for ten thousand years back to ancient egypt the enslavement of humans the the removal of opportunity and freedom granted to every living being um is is certainly manifest in the form of human slavery and we kind of take it as a very
acute pain point what i was highlighting is every year over a hundred billion land-based animals are killed and they're born and put in chains and put in jails and then murdered and eaten by humans as routine and we don't like lift our head up and recognize just how serious and how skilled this this um you know this behavior is uh the
industrialization of this process uh is really abhorrent and there's videos you can watch and i think when you watch them you'll recognize not delicious yeah i knew it was coming yeah don't do it and i know but i i do think that you know chama's voice in this is is really the voice that kept us from ever
becoming an issue because it's not human we don't kind of pay attention to it yeah and i'm just trying to highlight that there is something that is at such an extraordinary scale that we don't pay attention to that one day we'll wake up and we'll be like oh my god how do we miss that complete agreement with your friend if you look at
all life being precious and you say the life of a cow the life of a dog the life of a human these are all lives the scale of suffering is these animals yeah these animals experiences to be honest with you these animals these animals can problem solve they can feel emotion they can recognize yeah they can they can recognize things
happening to them and to their their loved ones and their family members and i think that in the context of that to cause pain and suffering on those animals and on those creatures at the scale that we do is something that's just mind-blowing to me i think not enough and i expect that one day we will wake up and be like i cannot believe we
allowed our society to do that but i do think that we need to solve tomas problem which is how do you make something that's freaking delicious how do you make it cheaper hold on a second it's not a problem like my perspective is i understand where you're coming from i respect your point of view but here's my point of view
which is we evolved to superior superiority in an evolutionary process that was not preordained okay and we are now in a position where we are allowed to consume things that we choose now there is also a claim that you could make that you know what a tiger or a lion should not be attacking and killing a gazelle because
you know that's causing suffering to the gazelle or blah blah at the end of the day how we choose to go and consume the things that we need for sustenance is a choice that we can make and there are probably better choices we can make over time but at the end of the day i think that this was a reasonable evolution of
humanity and human ingenuity and intellect and i don't feel guilty about that i don't weigh the suffering of animals the same way i weigh the suffering of human beings i don't and i would argue that when we were apes in the jungle and we didn't have the choice i would wholeheartedly agree with you but today we are a people that do have the choice
what choices and it's because we have the choice to not eat meat and still survive and still be happy that we can make a better choice it tastes good like there's a part of my soul i'll just that's and i agree and that's why i think we need to solve that problem and that's why i believe it's not a problem if you made an alternative for you that
tasted good and was as affordable as the alternative which is actually killing an animal you would choose it and we haven't given you that solution yet when i say we i mean call it the techno food people but there is a tremendous amount of money going into this area and we will devise artificially produced meat
that will not be made by killing an animal but will be made in the lab looks and tastes identical or a piece of sushi just give us a year over you'll have a piece of sushi in three years you will have uh you will be able to go taste chicken next year it'll be very very expensive okay uh but cell-based meat will be available
at a commercial scale within the next five to ten years our you know steak that's really what it's about david my commitment to you is i will do a taste test whenever you say what you call that you you pick the place the time totally i will show up and if it's better i will never eat meat again okay we're not ready we're not
ready for that that's a that's a great commitment all right yeah and i i i am similar in the commitment but in the meantime it's not it's distinct but i will say friedberg if you're going to have a party and it's only vegan you need to put that on the invite because i came thinking you were going to feed jacob came to my
party there was no meat he was really upset he was going around my party being like what the hell is this there's no meat in this party what am i not saying can you make me a hamburger the woman from wherever my nappa was like i've never touched meat incredible ribeye on new year on christmas eve oh my god all right everybody for the dictator
himself chamoth paulie hapatio with great hair uh touch of gray never looked better and the sultan of science david friedberg and tucker carlson's destiny gop front runner david sacks super spreading kovid super spreading the truth super spreading the truth david sacks from an undisclosed bestie uh hideaway
uh which we all know but we won't say i'm jake al and we'll see you in 2022 it's been a great year bye-bye we'll let your winners ride rain man [Music] we opened sources to the fans and they've just gone crazy with it [Music] it's like this like sexual tension that they just need to release [Music] your feet [Music] i'm going on [Music]