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Trump's First Week: Inauguration Recap, Executive Actions, TikTok, Stargate + Sacks is Back!

(0:00) The Besties intro Thomas Laffont! (6:22) Behind the scenes: Inauguration Weekend recap! (15:58) Biggest takeaways from DC during the Inauguration (31:38) Trump Executive Action breakdown (33:39) TikTok's grace period, valuing the business, US new equity strategy? (57:01) Jan 6th pardons, birthright citizenship (1:09:49) Stargate: $500B AI investment, is Masa the GOAT?, bull case for OpenAI (1:23:41) How electricity production capacity plays into the global AI race (1:36:20) Netflix's stock rise correlates with some alarming societal trends (1:47:40) BREAKING: AI/Crypto Czar David Sacks joins to discuss the President's three new EOs Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow Thomas Laffont: https://www.linkedin.com/in/thomas-laffont-02430914 Follow on X: https://x.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://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://x.com/dontcallmeraylo/status/1882444994264629402 https://x.com/craigkellyXXX/status/1882170281722339700 https://www.wdsu.com/article/donald-trump-executive-orders-inauguration-parade/63486993 https://www.whitehouse.gov/presidential-actions https://www.nytimes.com/2025/01/21/us/trump-birthright-citizenship.html https://constitution.congress.gov/constitution/amendment-14 https://avalon.law.yale.edu/18th_century/fed74.asp https://x.com/OpenAI/status/1881830103858172059 https://x.com/sama/status/1882106524090482701 https://x.com/GavinSBaker/status/1882081746877063677 https://x.com/elonmusk/status/1881923570458304780 https://x.com/elonmusk/status/1882303826214162580 https://x.com/satyanadella/status/1882340818289307954 https://x.com/GregKamradt/status/1881762305152872654 https://x.com/chamath/status/1881773205498876255 https://x.com/documentingbtc/status/1882530869010989287 https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology https://www.whitehouse.gov/presidential-actions/2025/01/removing-barriers-to-american-leadership-in-artificial-intelligence https://www.whitehouse.gov/presidential-actions/2025/01/presidents-council-of-advisors-on-science-and-technology https://www.goodreads.com/quotes/489251-in-this-age-in-this-country-public-sentiment-is-everything https://x.com/SpeakerJohnson/status/1882083118032846868 #allin #tech #news

Chamath PalihapitiyahostJason CalacanishostDavid FriedberghostSicilian (SIC) / crypto EO guestguest
Jan 25, 20252h 5mWatch on YouTube ↗

CHAPTERS

  1. 0:00 – 6:20

    Besties Banter, Guest Intro, and Inauguration Weekend Setup

    The episode opens with playful banter about podcast rivalries, fashion, and Jason’s flu, then introduces guest Thomas Laffont of Coatue as an honorary ‘seventh bestie.’ They set the stage for a deep-dive on Trump’s inauguration weekend and early policy moves.

  2. 6:20 – 15:58

    Behind the Scenes: Inaugural Balls, Crypto Parties, and DC Anecdotes

    The besties share photos and stories from multiple inauguration events: the Crypto Ball, Peter Thiel’s party, Zuck’s party, dinners with Lex Fridman and current/future regulators. They highlight how many tech and finance leaders converged on DC for Trump’s return.

  3. 15:58 – 31:30

    Inauguration Takeaways: Business Alignment, Energy Framing, and DOGE Skepticism

    The group shifts from parties to substance: the symbolism of Trump seating top global CEOs up front, Scott Bessent’s ‘energy race’ framing versus China, and Friedberg’s sobering assessment of how hard true cost-cutting will be in Washington.

  4. 31:30 – 31:38

    Trump 2.0 vs Davos Elites and the Mandate Question

    They contrast Trump’s ‘Team America’ inauguration optics with the apparent decline of Davos’ influence. Video clips from Davos panels admit that populists like Trump have ‘won’ and the old globalist elite ‘lost,’ reinforcing a narrative that Trump has a clear mandate.

  5. 31:38 – 33:39

    Executive Orders Overview: DOGE, TikTok, Jan 6 Pardons, Birthright, Energy

    Jason walks through Trump’s record-setting 26 day-one executive orders, touching on DOGE, TikTok’s 75-day grace period and 50% ownership idea, broad January 6 pardons, an EO to end birthright citizenship for children of illegal immigrants, and aggressive energy/hiring measures.

  6. 33:39 – 43:20

    TikTok Deep Dive: Valuation, Seizure Precedent, and China Investing

    Thomas, as an early ByteDance investor, explains TikTok’s recommendation breakthrough and sizes its U.S. business relative to Meta, then joins a broader debate on whether the U.S. seizing 50% of TikTok is acceptable or geopolitically dangerous.

  7. 43:20 – 57:01

    Government Equity, Tesla’s Missed DOE Equity, and Stablecoin Rails

    The conversation broadens from TikTok to a potential new paradigm: government as equity partner in projects it heavily de-risks or subsidizes. They revisit Tesla’s DOE loan, discuss tariffs vs. income tax, and tease stablecoin rails as a major future policy plank.

  8. 57:01 – 1:09:49

    January 6 Pardons and Birthright Citizenship: Law, Fairness, and Closure

    Jason and Chamath have a serious exchange over Trump’s mass January 6 pardons, weighing law enforcement solidarity against claims of politicized prosecutions. They then unpack the legal and political stakes of Trump’s EO to end birthright citizenship for children of illegal immigrants.

  9. 1:09:49 – 1:23:41

    Stargate: $500B AI Infrastructure, OpenAI’s Moat, and Masa as GOAT

    The besties dissect the announced ‘Stargate’ project—a proposed $500B U.S.-based AI infrastructure build for OpenAI—debating its realism and necessity. Thomas makes the bull case for OpenAI/ChatGPT and uses it to argue that Masayoshi Son may be the greatest growth investor ever.

  10. 1:23:41 – 1:36:20

    The AI-Energy Nexus: U.S. vs China Electricity and Nuclear Imperative

    Attention turns to the physical backbone of AI: electricity. Using comparative charts, Thomas and Friedberg show how China’s aggressive power and nuclear buildout massively outpaces America’s and argue that without a nuclear surge, the U.S. will lose the AI and manufacturing race.

  11. 1:36:20 – 1:41:40

    Streaming, Depression, and Work: Netflix as a Societal Signal

    Chamath connects Netflix’s soaring stock price to rising SSRI usage and declining labor-force participation, raising concerns about digital escapism and its impact on productivity and mental health. Others debate substitution from legacy TV and how algorithms amplify compulsive consumption.

  12. 1:41:40 – 1:47:40

    Broadcom, Hock Tan, and Under-the-Radar Trillion-Dollar Compounding (Teaser)

    As the show winds down, Thomas and Chamath tease a future deep dive into Broadcom and CEO Hock Tan, framing it as the least-discussed trillion-dollar success story in tech. They hint at his M&A-driven strategy and culture of ruthless capital allocation.

  13. 1:47:40 – 2:05:32

    Sacks Returns from the Oval: New Crypto, AI, and PCAST Executive Orders

    In a surprise live drop-in from Washington, David Sacks, now an official White House advisor, describes three freshly-signed executive orders on crypto, AI, and PCAST and reflects on his first experiences in the Oval Office during Trump’s historic political comeback.

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