(0:00) Bestie intros (1:19) Chip stocks crash, Leopold Aschenbrenner's $20B fund gets margin called (20:20) China's advantage and green shoots for the US economy (34:12) Frontier Labs say "SLOW DOWN AI" (1:01:15) Why are frontier labs "burning books"? (1:14:45) Socialism Corner: Mamdani's grocery stores and the "Socialist Spectacle" (1:24:44) Science Corner: Understanding and mapping the brain Apply for All-In Summit 2026: https://allin.com/events [https://allin.com/events] Follow the besties: https://x.com/chamath [https://x.com/chamath] https://x.com/Jason [https://x.com/Jason] https://x.com/DavidSacks [https://x.com/DavidSacks] https://x.com/friedberg [https://x.com/friedberg] Follow on X: https://x.com/theallinpod [https://x.com/theallinpod] Follow on Instagram: https://www.instagram.com/theallinpod [https://www.instagram.com/theallinpod] Follow on TikTok: https://www.tiktok.com/@allin [https://www.tiktok.com/@allin] Follow on LinkedIn: https://www.linkedin.com/company/allinpod [https://www.linkedin.com/company/allinpod] Intro Music Credit: https://rb.gy/tppkzl [https://rb.gy/tppkzl] https://x.com/yung_spielburg [https://x.com/yung_spielburg] Intro Video Credit: https://x.com/TheZachEffect [https://x.com/TheZachEffect] Referenced in the show: https://www.cnbc.com/2026/07/30/leopold-aschenbrenners-hedge-fund-is-facing-steep-ai-losses.html [https://www.cnbc.com/2026/07/30/leopold-aschenbrenners-hedge-fund-is-facing-steep-ai-losses.html] https://www.wsj.com/finance/citadel-buys-situational-awarenesss-stock-portfolio-after-big-losses-in-ai-5117159b [https://www.wsj.com/finance/citadel-buys-situational-awarenesss-stock-portfolio-after-big-losses-in-ai-5117159b] https://polymarket.com/event/fed-decision-in-september-762 [https://polymarket.com/event/fed-decision-in-september-762] https://situational-awareness.ai [https://situational-awareness.ai] https://www.cnbc.com/quotes/US30Y [https://www.cnbc.com/quotes/US30Y] https://x.com/nicolasfulghum/status/2082083884578050299 [https://x.com/nicolasfulghum/status/2082083884578050299] https://theprint.in/science/breakthrough-china-artificial-sun-project-6-5-tesla-magnet/2999321 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[https://www.cnbc.com/2026/07/27/cxmt-china-market-debut-chipmaker-ipo.html] https://polymarket.com/event/ipos-before-2027 [https://polymarket.com/event/ipos-before-2027] https://polymarket.com/event/us-enacts-ai-safety-bill-before-2027/us-enacts-ai-safety-bill-before-2027 [https://polymarket.com/event/us-enacts-ai-safety-bill-before-2027/us-enacts-ai-safety-bill-before-2027] https://x.com/v_nefodov/status/2082927219224060043 [https://x.com/v_nefodov/status/2082927219224060043] https://www.wsj.com/opinion/the-ai-future-is-for-everyone-a0c24e20 [https://www.wsj.com/opinion/the-ai-future-is-for-everyone-a0c24e20] https://punchbowl.news/article/tech/thune-anthropic [https://punchbowl.news/article/tech/thune-anthropic] https://www.wsj.com/tech/ai/anthropic-doubles-midterm-spending-to-40-million-to-push-ai-regulation-9cd547ae [https://www.wsj.com/tech/ai/anthropic-doubles-midterm-spending-to-40-million-to-push-ai-regulation-9cd547ae] https://x.com/OpenAI/status/2082577277246972300 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[https://www.404media.co/ai-companies-are-buying-tons-of-old-books-because-theyre-free-of-ai-slop] https://www.youtube.com/watch?v=d1azwUwKrPo&t=39s [https://www.youtube.com/watch?v=d1azwUwKrPo&t=39s] https://arxiv.org/pdf/2602.16417 [https://arxiv.org/pdf/2602.16417]