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All-In PodcastAll-In Podcast

Scarlett Johansson vs OpenAI, Nvidia's trillion-dollar problem, a vibecession, plastic in our balls

(0:00) Bestie intros: Recapping "General AI Hospital" (2:46) Scarlett Johansson vs. OpenAI (14:37) OpenAI's novel off-boarding agreements, ex-employee equity problem, and safety team resignations (25:35) Nvidia crushes earnings again, but it faces a trillion-dollar problem (40:05) Understanding why economic sentiment is so negative among US citizens, while the broader data is positive (1:02:36) New study shows plastics in testicles Follow the besties: https://twitter.com/chamath https://twitter.com/Jason https://twitter.com/DavidSacks https://twitter.com/friedberg Follow on X: https://twitter.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://x.com/BobbyAllyn/status/1792679435701014908 https://x.com/sama/status/1790075827666796666 https://openai.com/index/how-the-voices-for-chatgpt-were-chosen https://www.washingtonpost.com/technology/2024/05/22/openai-scarlett-johansson-chatgpt-ai-voice https://x.com/SydSteyerhart/status/1792981291266138531 https://www.vox.com/future-perfect/351132/openai-vested-equity-nda-sam-altman-documents-employees https://x.com/sama/status/1791936857594581428 https://x.com/ilyasut/status/1790517455628198322 https://x.com/janleike/status/1790603862132596961 https://x.com/janleike/status/1791498184671605209 https://openai.com/index/openai-announces-leadership-transition https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2025 https://www.google.com/finance/quote/INTC:NASDAQ https://www.morningstar.com/stocks/nvidia-2023-vs-cisco-1999-will-history-repeat https://www.fool.com/investing/2024/03/06/is-nvidia-doomed-to-be-the-next-cisco-what-investo https://www.elitetrader.com/et/threads/nvidia-and-the-cautionary-tale-of-cisco-systems.379022 https://chamath.substack.com/p/2023-annual-letter https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula https://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden https://fred.stlouisfed.org/series/CCLACBW027SBOG https://x.com/KariLake/status/1792986501820850333 https://www.stlouisfed.org/on-the-economy/2024/apr/how-big-mac-index-relates-overall-consumer-inflation https://www.google.com/finance/quote/MCD:NYSE https://www.wsj.com/economy/gdp-and-the-dow-are-up-but-what-about-american-well-being-87f90e6d https://www.consumerreports.org/health/food-contaminants/the-plastic-chemicals-hiding-in-your-food-a7358224781 https://onlinelibrary.wiley.com/doi/10.1111/j.1365-2605.2007.00837.x https://pubmed.ncbi.nlm.nih.gov/12708228 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7559247 https://pubmed.ncbi.nlm.nih.gov/21524797 https://academic.oup.com/toxsci/advance-article/doi/10.1093/toxsci/kfae060/7673133 https://www.youtube.com/watch?v=o6yuYkfNh-k https://www.youtube.com/watch?v=EYQjShJxCtM https://www.youtube.com/watch?v=r_4jrMwvZ2A #allin #tech #news

Jason CalacanishostChamath PalihapitiyahostDavid FriedberghostGuestguest
May 23, 20241h 30mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Scarlett Johansson Showdown, Nvidia’s Surge, Vibecession, And Toxic Plastics

  1. This All-In Podcast episode tears through a week of OpenAI drama: the Scarlett Johansson voice-likeness controversy, extreme non-disparagement/NDAs with equity clawbacks, and the sudden resignation of OpenAI’s superalignment leaders over safety concerns. The besties debate whether OpenAI likely mimicked Johansson’s ‘Her’ voice, how discovery could expose intent, and what legal precedents this could set for AI, likeness, and fair use.
  2. They then pivot to Nvidia’s explosive AI-fueled growth, debating whether it’s the next Cisco or fundamentally better moated, and how hyperscalers and startups will inevitably attack Nvidia’s outsized margins through custom chips and competing infrastructure. A ‘vibecession’ segment contrasts strong headline economic data with Americans’ deep sense of financial squeeze driven by inflation, high rates, and debt.
  3. In Science Corner, Friedberg walks through alarming findings on phthalates and microplastics—showing they’re ubiquitous in food, water, air, and even human and canine testicles—acting as endocrine disruptors that likely contribute to fertility and health issues. The group wrestles with how nearly inescapable plastics have corrupted the food and industrial supply chain, and where meaningful reform could even begin.

IDEAS WORTH REMEMBERING

5 ideas

OpenAI’s handling of Scarlett Johansson’s voice likeness is legally and reputationally dangerous.

The hosts argue that reaching out to Johansson twice—especially two days before launch—while releasing a ‘Her’-like voice and tweeting “her” creates a powerful circumstantial case that OpenAI intentionally evoked her likeness. Public confusion (friends assuming she did the deal) strengthens a right-of-publicity claim. Even if a different actress was used, secrecy around her identity undermines OpenAI’s defense and could lead to costly settlement or precedent-setting litigation on AI-generated likeness.

Trying to claw back already-vested equity for disparagement is unprecedentedly aggressive and erodes trust.

The ex-employee agreement that threatened loss of vested equity for criticizing OpenAI is described as ‘completely non-standard.’ The panel stresses such clauses are not accidental; lawyers and executives made a strategic choice to deter leaks and criticism, likely tied to internal unrest (e.g., safety team departures). They argue OpenAI would be better off honestly owning an aggressive IP-protection stance than claiming this was a mere oversight.

Resignations from OpenAI’s superalignment team signal a real governance and safety-culture rift.

The departure of Ilya Sutskever and Jan Leike right after GPT-4o, and Leike’s claim that ‘safety culture and processes have taken a backseat to shiny products,’ are treated as a mass resignation, not random attrition. The hosts suspect regulators will seek testimony from these insiders about the true state of OpenAI’s tech and safety practices, and note how equity clawbacks may have been designed precisely to suppress this kind of whistleblowing.

Nvidia’s current dominance is enormous but unsustainably profitable, inviting intense competition from every direction.

Nvidia’s revenue explosion (26B quarter, ~260% YoY) shows AI infra spend heading toward half to three-quarters of a trillion dollars annually across chips, infra, and power. Chamath frames Nvidia as massively “over-earning,” making it inevitable that startups, hyperscalers (AWS, GCP, Meta, Tesla, etc.), and chip competitors attack its margins via custom chips, better compilers, and alt-architectures. He predicts a cycle similar to Intel/Cisco: value starts at the hardware layer then migrates up the stack.

Nvidia may end up competing directly with hyperscalers, complicating its biggest relationships.

Because Nvidia’s products are now full systems (massive, complex GPU servers with the CUDA software layer) and hyperscaler cloud is a multi-hundred-billion-dollar business, Chamath predicts Nvidia will have to build its own cloud-like offerings to justify its valuation. This would pit Nvidia against its largest customers (AWS, Azure, GCP, Meta), who will respond by accelerating investment in alternative chips and infrastructure, making ‘death by a thousand startups’ more likely.

WORDS WORTH SAVING

5 quotes

Using a computer to probabilistically copy something is still copying something. Is the public confused is the only test you need.

Jason Calacanis

This company is gonna go down in the history books… for the technical inventions they’ve created… and also for the sheer quantum of value capture through secondaries before a fully functional business has been created.

Chamath Palihapitiya

Judge Sachs says that Scarlett Johansson is gonna end up owning more of this company than Sam Altman.

David Sacks

You’re talking about half a trillion to three-quarters of a trillion dollars a year being spent to bring AI forward to the masses.

Chamath Palihapitiya

I think our food supply is totally corrupted… these materials should never be in our body.

Chamath Palihapitiya

Scarlett Johansson vs OpenAI and AI voice likeness disputesOpenAI NDAs, equity clawbacks, and superalignment team resignationsNvidia’s AI-driven hypergrowth, moats, and competitive threatsComparisons to Cisco, hyperscaler dynamics, and custom chip strategiesThe ‘vibecession’: inflation, debt, and disconnect between data and sentimentPhthalates, microplastics, and endocrine disruption in humans and animalsFood supply, labeling, and systemic plastic dependence

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