r/TheAllinPodcasts

Was curious about the proposed Intro 518, so I pulled up Amazon's 10-Q. Turns out their retail side is swimming in cash — last year the retail division pulled in over $34 billion in operating profit, largely off the $69 billion it made in ad revenue. Kind of a bad look to be squeezing drivers while posting numbers like that.

Amazon's claiming the regulations will force them to pass costs onto consumers, making deliveries pricier for everyday New Yorkers. But their own revenue reporting says otherwise — they can easily afford to directly hire these drivers, pay a living wage, and operate safely in our neighborhoods without raising prices a cent. Kind of breaks my brain. Id bet that theyre bluffing.

Not paying DSPs properly isn't the invisible hand of the market. It's a middle finger of corporate greed.

The recent one where the host calls everybody a communist and they deep dive the 14th amendment??? Best episode ever!

Jason, despite the incessant fear mongering about “socialism”, hit the nail on the head with his comments on the Amazon/Mamdani bit on the new episode. Capitalism doesn’t have to be built in absolutism. There can be balance between a capitalistic society and ensuring people have their basic needs met.

Why do you think the democratic socialists are growing in popularity? It’s not because people are interested in the concept of socialism, the DSA is simply addressing people’s concerns and problems.

I sit here and listen to these guys disparage Mamdani and their alternative pitch is the current reality - a runaway train of financial debt (while saying socialism puts you in debt), people not being able to afford healthcare, groceries and basic services, and a system that filters money to an oligarch of ultra wealthy. Great pitch guys - why would anyone ever want to change from the status quo…

Then here comes Jason with a common sense take - capitalism should be blended with a respect for basic human decency - at the cost of a small fraction of a company like Amazon’s exorbitant profits. This is the crux of the issue - profit, influence and power are the primary incentives of American society. There was a concept when I was growing up that the wealthy and powerful would use their wealth to improve the quality of life for everyone. As it turns out, there’s no incentive to do that - and therefore, people go hungry in a country that has more than enough wealth to prevent it.

But yeah, Sacks - Jason is just virtue signalling for daring to suggest that some money could flow in a direction that has meaningful impact to vulnerable people. I guess it’s all on brand considering the response to Amazon skirting responsibility for death/injury lawsuits is: ‘See how efficiently they run their business’.

Anyway, at least we didn’t have to hear Chamath this week so at least I’ve got that going for me.

Well Sacks is again demonstrating willful propaganda and misinformation about data centers. He stated there are no data centers built close to peoples homes.

Coresite has 5 large data centers within 0.5 miles of the apartments located at 3238 Scott Blvd, Santa Clara, CA 95054.

Not only that there is also an secret Apple semiconductor fabrication facility less than .25 miles from apartment buildings. 3250 SCOTT BLVD

It is fair to judge that Santa Clara should not have permitted housing so close to the preexisting Intel mask shop (SC2) but the housing crisis is real and this is where there was available land for housing close to transit and jobs.

https://preview.redd.it/mul5la3e8ljh1.png?width=449&format=png&auto=webp&s=1e570e6974cb2c60f3e2bc73e9ce05e2dc2c8213

I started listening to All In a while back and thought these guys were entertaining, funny and well informed. They talked about startup mechanism, the culture, trends, and how the big VCs are thinking. It was a rare insight into a world less known to a corporate slave like myself.

I recall the Game Stop saga, and how the Dictator was seen as a folk hero coming out of it, even though he pump and dumped, made a good penny from it. His reputation was celebrated and he was praised for standing with the retail investors.

I can’t exactly recall the moment it changed. Maybe it was the election, maybe it was Covid, but at some point, these guys shifted their values and it was clear to see that they have an angle they wanted to pursue. This angle gave them access to top political figures, events, and places. It’s impressive how one could pivot themselves to get what they wanted. Maybe that’s a reason why they are successful, they formed a plan and followed through regardless how their moral values might be leaning.

But they lost their way along the way. We don’t get insights into VC and how they are evaluating AI, we don’t get exciting discussions on new startups. I am forever pondering the phrase from the Dark Knight, in the title of this post. Maybe we all fall to this. Heck I was a hero to my wife when I was courting her, and now I’m slowly becoming a villain for forgetting to take the trash out.

TL;DR: Warren is butt-hurt because her strategy of pressuring Gary Gensler to regulate crypto by enforcement failed and made her look ridiculous. Like a total Karen, when she got publicly embarrassed, she doubled down by attacking her own party through the Clarity Act. She is now aggressively waving her finger at Sen. Gillibrand (D-NY) for working on a bipartisan bill that a ton of other Democrats actually support. Even though Whitehouse divestment is achievable, apparently, having no rules or guidelines is better than just policing an industry by self appointed community watch groups.

Sen Warren is personally leading the charge to torch the bill. Because she couldn't get her own party to kill it, she is using outside activist groups as a weapon to circulate a nasty letter in the Senate hitting Gillibrand below the belt over her son’s crypto ties. Warren is screaming that Democrats will "lose their moral authority" if Gillibrand is allowed to broker the final compromise.

This has forced Warren into a bizarre, hypocritical alignment with traditional banking lobbies, when she has historically been a massive adversary to Dimon and the big banks. This is a case of a Karen who looked foolish, cost her party a significant constituency in the last election, and is now acting out by trying to over-determine her own party's legislative agenda just to save face.

More here: https://www.yahoo.com/news/politics/articles/clarity-act-ethics-fight-targets-164100845.html

Earlier this year our top mod was banned from Reddit for some reason unrelated to this sub. We had chatted a bit and he mentioned Reddit was supposed to reinstate his account, but they have yet to.

So danhenderson234 if you’re still out there, thanks for putting in the hard work and building the sub to where it is.

For the r/theallinpodcasts members, thanks for contributing and keeping the discourse, for the most part, civil.