E42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more

E42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more

All-In PodcastJul 30, 20211h 17m

Jason Calacanis (host), David Sacks (host), Chamath Palihapitiya (host), David Friedberg (host)

COVID-19 Delta variant, vaccine effectiveness, mandates and vaccine passportsPolitical implications of vaccine hesitancy and U.S. midterm electionsChina’s tech crackdown, data control, and de facto nationalization of platformsFinancial decoupling between Chinese and U.S. capital marketsCRISPR and mRNA breakthroughs as a programmable biology platformClimate change solutions: carbon markets, negative emissions, and new battery techInnovation, immigration, and entrepreneurial mindsets versus pessimism and degrowth

In this episode of All-In Podcast, featuring Jason Calacanis and David Sacks, E42: China's tech crackdown, CRISPR breakthrough, practical climate change solutions & more explores china reins in tech, CRISPR cures advance, markets tackle climate The hosts cover the latest COVID-Delta dynamics, emphasizing vaccine effectiveness, the inevitability of mandates/passports via employers and businesses, and how Republican vaccine politics may affect U.S. midterms. They then dive into China’s escalating tech crackdown, arguing it signals a shift toward de facto nationalization, tighter data control, and financial decoupling from U.S. markets. The conversation moves to major CRISPR and mRNA breakthroughs, framing biology as an emerging programmable platform akin to software. They close by discussing market-based climate solutions—carbon pricing, negative emission technologies, and advanced batteries—arguing innovation and entrepreneurship, not degrowth, are the realistic path to solving climate change.

China reins in tech, CRISPR cures advance, markets tackle climate

The hosts cover the latest COVID-Delta dynamics, emphasizing vaccine effectiveness, the inevitability of mandates/passports via employers and businesses, and how Republican vaccine politics may affect U.S. midterms. They then dive into China’s escalating tech crackdown, arguing it signals a shift toward de facto nationalization, tighter data control, and financial decoupling from U.S. markets. The conversation moves to major CRISPR and mRNA breakthroughs, framing biology as an emerging programmable platform akin to software. They close by discussing market-based climate solutions—carbon pricing, negative emission technologies, and advanced batteries—arguing innovation and entrepreneurship, not degrowth, are the realistic path to solving climate change.

Key Takeaways

Vaccine mandates are shifting from theory to practice via employers and businesses.

From Israel’s strict requirements to the NFL, Google, Facebook, Danny Meyer’s restaurants, and likely U. ...

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Republican leaders broadly support vaccines but ceded narrative ground to fringe voices.

They note nearly all major GOP governors and leaders are vaccinated and pro-vax, but say early silence allowed anti-vax fringe figures to dominate the conversation, potentially jeopardizing Republican midterm prospects and giving Democrats an unexpected opening.

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China is reasserting CCP supremacy over tech, data, and capital flows.

Crackdowns on Ant, Didi, edtech, Tencent music, and IPOs are framed as Beijing redefining the bargain: economic interests are now explicitly subordinate to ‘national interests’ as defined by Xi and the CCP, with data and profits effectively under state control.

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Investing in China now carries a permanent political risk discount.

The hosts argue China’s moves don’t end entrepreneurship but fundamentally change risk: foreign and domestic investors must now price in sudden rule changes, forced restructurings or take-privates, and limits on listing in U. ...

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Biology is becoming programmable, opening a new innovation frontier.

CRISPR trials that edit genes in vivo and mRNA “logic gate” platforms are likened to AWS and early computing stacks, suggesting future founders will treat many diseases as software-like problems and potentially enable enhancements, not just cures.

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Climate change is best addressed with market-based mechanisms and innovation, not austerity.

They champion carbon pricing, cap-and-trade, and future carbon tariffs tied to embedded emissions, arguing these create demand for negative-emission technologies and cleaner production without micromanaging individual consumption or ‘going back to the Stone Age.’

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Technological breakthroughs depend on vibrant economies, immigration, and a builder mindset.

Using superconductors, advanced batteries, and personal stories of filmmakers and founders, they contend that open markets, immigrant talent, and a refusal to seek permission are crucial to solving hard problems—from climate to energy to biotech—rather than pessimistic calls to shrink population and consumption.

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Notable Quotes

“We are not going to allow any more devolution of power from the Chinese Communist Party into the hands of these internet entrepreneurs.”

Chamath Palihapitiya

“President Xi is saying there’s a new bargain: economic interests in China will be subordinate to national interests. Those national interests are defined by the CCP, and I run the CCP for life.”

David Sacks

“This isn’t free-market regulators having their way. This is a top-down decision to nationalize large parts of the economy, starting with technology.”

Chamath Palihapitiya

“The important thing to focus on is energy production. You’re never going to be able to shrink your consumption enough to eliminate carbon emissions.”

David Sacks

“Stop complaining, start building. These problems are solvable. There is an immigrant in the United States right now that will figure out how to conduct electricity without resistance.”

Chamath Palihapitiya

Questions Answered in This Episode

If China continues tightening control over tech and data, how should global investors and founders adjust their China exposure and strategies over the next decade?

The hosts cover the latest COVID-Delta dynamics, emphasizing vaccine effectiveness, the inevitability of mandates/passports via employers and businesses, and how Republican vaccine politics may affect U. ...

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Where should the line be drawn between public health protection and civil liberties when it comes to vaccine mandates and passports?

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How might programmable biology and CRISPR shift from treating rare diseases to elective human enhancement, and what ethical frameworks will we need?

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What design features would make global carbon markets and future carbon tariffs effective while minimizing fraud and unintended economic harm?

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Is innovation alone sufficient to solve climate change, or do we still need some degree of lifestyle and consumption changes alongside technological breakthroughs?

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Transcript Preview

Jason Calacanis

(phone ringing) Pick up your phone, dipshit.

David Sacks

Hello?

Jason Calacanis

Sacks.

David Sacks

Yeah. I'll, I'll be ready in, like, two minutes, okay? I'm sorry. 000s of viewers-

Jason Calacanis

Let's go. Splash some water on your face, take a couple of whatever you need, some (beep) and, uh, (beep) . Let's go. We're waiting.

David Sacks

Okay. I'll be there in two minutes, okay? I'm sorry.

Jason Calacanis

Okay, hurry up. This is your chance to get max airtime.

David Sacks

(sighs) Uh, are we really gonna record without Freeburg?

Jason Calacanis

You, listen, Freeburg's out. That means you're gonna get, by default, 33.3% of airtime. It's gonna be your biggest week ever.

Chamath Palihapitiya

We're going all in. Don't let your winner slide.

Jason Calacanis

Rain Man David Sacks.

Chamath Palihapitiya

We're going all in. NSN.

David Sacks

We open sourced it to the fans and they have just gone crazy with it.

Jason Calacanis

WSI.

Chamath Palihapitiya

Queen of Quinoa. We're going all in.

Jason Calacanis

Hey, everybody. Hey, everybody. Welcome to another episode of the All In podcast. With us today, the dictator himself, Chamath Palihapitiya, and The Rain Man, David Sacks. I'm J-Cal. And the Queen of Quinoa quit the show. He's not here.

Chamath Palihapitiya

Where is the queen?

Jason Calacanis

He's, he quit the show, I think. I think he quit. So we're looking for a science person. If you know anybody, email all, scienceguy@theallinpodcast.com if you wanna apply for the science position here. No, uh, he couldn't make it. He was, uh-

Chamath Palihapitiya

Freeburg's moving. He's moving.

Jason Calacanis

He's moving, I guess we can say that without invading his privacy, but he's, he's not gonna be able... We thought we'd do a show anyway 'cause there's so much going on. Uh, and I think we should start with this. Do we wanna start with the COVID stuff again for the third episode in a row or do you wanna-

Chamath Palihapitiya

No.

Jason Calacanis

... start with China and then back into COVID?

Chamath Palihapitiya

No. Fuck COVID.

David Sacks

I think we should just do COVID quickly because I think, you know, as much as the audience complained about it, we got a lot of comments saying, "Why are you talking about COVID so much?" We were ahead of the curve, um, predicting this whole new Delta wave. You know, we told people what was coming. I think it was a useful service, so people might not wanna hear it, but it was, I think, I would say-

Chamath Palihapitiya

It was refreshing.

David Sacks

... we were probably two weeks ahead of the national media.

Chamath Palihapitiya

It was very refreshing. I think that we've gotten a couple things actually right the, a couple weeks ahead of other people. Yeah. So.

Jason Calacanis

Yeah, I mean, it was pretty obvious that this was going to race through the places that had low vaccination and having the breakthrough cases is... I don't think anybody anticipated that. And the thing we didn't-

David Sacks

Yeah. Over the last week on Twitter, I'm seeing this big debate on whether vaccinated people can spread the Delta variant. And I'm like, "Guys, didn't you see the show two weeks ago? We covered this."

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