All-In Summit 2023 Recap
00:00:00.000 | (upbeat music)
00:00:02.580 | - This guy did such a great job.
00:00:09.140 | (upbeat music)
00:00:11.720 | - This is insane.
00:00:15.140 | (upbeat music)
00:00:18.320 | - This is really incredible actually.
00:00:20.480 | (upbeat music)
00:00:23.840 | - I don't agree with everything you say guys.
00:00:25.840 | I do learn something new every time.
00:00:29.320 | - It's a good compromise.
00:00:31.160 | You guys are gonna look like a winner.
00:00:32.280 | - I can't brainstorm this right now
00:00:33.560 | 'cause I've had three glasses of tequila and two beers.
00:00:35.960 | But I will tell you,
00:00:37.920 | I think that the best thing
00:00:39.680 | that we can do is have the conversation.
00:00:41.280 | - Of course.
00:00:42.120 | - And I appreciate you doing that.
00:00:43.240 | (upbeat music)
00:00:45.840 | - Really too slumpy, honestly.
00:00:49.680 | - Well, you can open the top button and flip this up.
00:00:52.040 | - Here, let me see.
00:00:53.480 | - You have a nice watch on?
00:00:54.600 | - No, not like you.
00:00:55.640 | Just let me borrow your watch for the day
00:00:58.480 | and you don't wear a watch.
00:01:00.240 | - Yeah, you want it?
00:01:01.080 | - No.
00:01:01.920 | - Does it look better, you think, tucked in?
00:01:04.800 | Jim wants a call.
00:01:06.000 | - Yeah.
00:01:07.160 | - Is it allowed to sit on your belt?
00:01:08.080 | - This looks better.
00:01:09.240 | It looks less like you.
00:01:10.480 | (upbeat music)
00:01:13.060 | - Stacks, we're about to start.
00:01:16.560 | If you have any pull on this guy,
00:01:21.440 | please get him sooner.
00:01:22.600 | - Hello.
00:01:23.440 | - He's not showing up until 9.59.
00:01:24.760 | - I know.
00:01:25.600 | - I told you this.
00:01:26.440 | - Yes.
00:01:27.280 | - He's barely gonna show up.
00:01:28.100 | - I'm sorry, he says.
00:01:28.940 | Okay, great.
00:01:29.760 | - Doubt it.
00:01:30.600 | Can we get him, Mike?
00:01:31.440 | (upbeat music)
00:01:34.020 | - He's going to show up at the absolute last minute.
00:01:40.040 | - 9.45.
00:01:40.880 | - He did it again last year.
00:01:41.720 | - Same thing?
00:01:42.540 | - Yeah.
00:01:43.380 | (upbeat music)
00:01:45.960 | - We will explain how we upstage in two minutes.
00:01:50.880 | - Yeah.
00:01:51.720 | - All right, will you be ready?
00:01:52.540 | - Yeah.
00:01:53.380 | - Okay, perfect.
00:01:54.200 | Thank you.
00:01:57.360 | - There he is.
00:01:58.440 | - Hey, brothers.
00:01:59.280 | - Oh, yeah.
00:02:00.120 | - I didn't come any earlier.
00:02:02.940 | - Stacks is here, your man.
00:02:06.400 | Oh, 9.59, you just got here.
00:02:07.800 | - Guys, we're running a tight shift.
00:02:10.700 | - Let's get it ready.
00:02:11.540 | Come on, guys, you ready?
00:02:12.740 | Let's do it.
00:02:13.580 | - Stacks.
00:02:14.400 | - Give me that energy.
00:02:15.240 | - Wish not.
00:02:16.060 | (upbeat music)
00:02:18.200 | - And now, give it up for your besties.
00:02:21.660 | (audience cheering)
00:02:25.660 | (upbeat music)
00:02:28.240 | - Welcome to LA.
00:02:34.560 | (audience cheering)
00:02:37.560 | - Anybody fly in over 10 hours to get here.
00:02:41.940 | - If Jason hadn't stolen all the money,
00:02:45.460 | we could have given you guys something to eat.
00:02:47.200 | (laughing)
00:02:48.440 | - Don't worry, guys, I'll take care of the parties.
00:02:50.280 | - Unbelievable.
00:02:51.480 | - Pretty great.
00:02:52.840 | - Make sure you get your empty lunch bag
00:02:54.880 | when you walk outside, guys.
00:02:56.240 | (laughing)
00:02:58.400 | - So, first off, please join me
00:02:59.880 | in welcoming Ray Dalio to the stage.
00:03:02.160 | - Wow.
00:03:03.000 | (audience cheering)
00:03:04.200 | We got Ray Dalio.
00:03:05.620 | - I think the basic picture in China,
00:03:10.560 | the United States, the emergence of India, and so on,
00:03:13.600 | is the world order's gonna change in a very profound way.
00:03:17.060 | - When a rapidly rising power seriously threatens
00:03:20.360 | to displace a ruling power, shit happens.
00:03:23.520 | (audience cheering)
00:03:25.840 | - 25 years from now, I think the need to work will disappear.
00:03:30.040 | AI will cause great abundance,
00:03:32.740 | but meaning for human beings
00:03:34.520 | will be the largest problem we face.
00:03:36.840 | - I think we're at an incredible inflection point,
00:03:39.000 | and we all need to be open-minded
00:03:42.160 | and understand that, like, the train has left the station.
00:03:46.160 | - So, it's like, we are, at every moment,
00:03:48.440 | we are made of different atoms of space,
00:03:50.800 | yet we believe that it's the same us
00:03:53.500 | at every successive moment.
00:03:55.320 | I think AI is sort of,
00:03:56.720 | AI is very limited in the computational universe.
00:03:59.120 | The computational universe is all these possible rules.
00:04:02.160 | We're gonna talk about whether the,
00:04:04.080 | I hope we're gonna talk about
00:04:05.040 | whether the physical universe--
00:04:05.880 | - We are gonna talk about the universe
00:04:06.700 | and the nature of the universe,
00:04:07.540 | which is, we're gonna talk about consciousness,
00:04:08.880 | and we're gonna smoke weed,
00:04:09.700 | and then we're gonna go to lunch, but.
00:04:10.540 | (laughing)
00:04:12.760 | (gentle music)
00:04:15.340 | - So, that's like the number one thing.
00:04:17.840 | I want it, this Thai beef salad is the number one thing
00:04:20.320 | in LA.
00:04:21.160 | Do you want the Thai beef salad?
00:04:22.320 | - Yeah, whatever you recommend.
00:04:23.300 | Thank you, sir.
00:04:24.140 | - I can have another Thai beef salad.
00:04:25.240 | - Hey, is it important?
00:04:26.080 | What do you recommend?
00:04:27.160 | - The Thai beef salad.
00:04:28.360 | - Fuck, this is great, look at this.
00:04:30.760 | Wow.
00:04:32.400 | - I swear to God, when you meet the guys in the audience,
00:04:34.400 | that's what's amazing.
00:04:35.240 | They're like fucking real grinders.
00:04:36.720 | They're like all business people.
00:04:38.280 | They've all done something.
00:04:39.380 | They've all taken risks.
00:04:40.640 | It's really inspiring.
00:04:42.060 | (gentle music)
00:04:44.640 | (dramatic music)
00:04:47.400 | - The fusion reaction,
00:04:58.960 | the reaction that happens inside all the stars,
00:05:01.400 | it's actually the most prevalent reaction
00:05:03.120 | in the entire universe.
00:05:04.700 | What we're trying to do
00:05:05.540 | is we're trying to take that reaction
00:05:07.700 | and put it in a bottle,
00:05:09.680 | in a machine that we can build here,
00:05:12.680 | and that we can build quickly.
00:05:14.200 | - Is there pressure to tone down
00:05:16.560 | like the consumerism or the giving away money?
00:05:20.680 | - No, not really, to be honest.
00:05:22.800 | Most people think it's cool
00:05:24.000 | 'cause it's like, it's kind of fun to watch
00:05:25.960 | someone receive $10,000 or a Lamborghini or a house.
00:05:29.800 | Like the last thing we did was I ordered pizza
00:05:31.600 | and tipped the guy a house.
00:05:32.880 | And like, I thought that was cool.
00:05:35.800 | (audience applauding)
00:05:37.020 | - We've got a great party for you tonight.
00:05:38.240 | Obviously, Santa Monica Pier.
00:05:40.480 | It's gonna be a little crazy, so get there early.
00:05:42.560 | (upbeat music)
00:05:45.140 | - Barbie party is this way, welcome to.
00:05:49.360 | (upbeat music)
00:05:51.940 | (scatting)
00:06:01.080 | - So I'll be talking about engineering viruses
00:06:04.640 | to go after brain cancer.
00:06:06.580 | (upbeat music)
00:06:09.160 | (scatting)
00:06:12.400 | (upbeat music)
00:06:14.980 | (upbeat music)
00:06:17.560 | (upbeat music)
00:06:20.140 | (scatting)
00:06:38.800 | (upbeat music)
00:06:43.660 | (upbeat music)
00:06:46.240 | - You guys are probably gonna be--
00:07:03.060 | - Nikki or Nicole?
00:07:03.900 | - You're saying Nikki, Nikki.
00:07:05.700 | - I've called her Nikki in the past,
00:07:06.740 | but I can't remember if I'm fucking that up.
00:07:08.220 | - Nikki, unless I text you, I will ask her.
00:07:10.060 | - Do not put this in the fucking video.
00:07:11.780 | Only make him look good, only.
00:07:14.580 | No authenticity whatsoever.
00:07:16.140 | We don't want any authenticity in this video.
00:07:18.480 | (upbeat music)
00:07:21.060 | - How many of you are short on sleep?
00:07:24.300 | Every one of you, raise your hands, come on.
00:07:26.180 | So there is a rare mutation that happens in patients,
00:07:28.200 | these are people walking amongst us,
00:07:29.740 | who have a mutation in a gene called DEC2.
00:07:32.580 | These patients only need four hours of sleep a night
00:07:34.860 | to be completely rested the same way that we have
00:07:37.180 | the need for eight to nine hours of sleep a night.
00:07:40.300 | Are you interested in getting this gene therapy?
00:07:43.340 | We could do this today.
00:07:45.340 | - The reason I picked this title is Silicon Valley's
00:07:48.380 | 2,851 miles away from Washington,
00:07:51.580 | and as these people put their eyes towards us,
00:07:54.500 | I would state the following.
00:07:56.260 | The reason Silicon Valley's been so successful
00:07:58.880 | is because it's so fucking far away from Washington, D.C.
00:08:02.320 | (audience applauding)
00:08:03.980 | Thank you.
00:08:04.820 | - Luxury beliefs have, to a large extent,
00:08:08.180 | replaced luxury goods.
00:08:10.580 | A core feature of a luxury belief is that the believer
00:08:13.740 | is comfortably insulated from the consequences
00:08:16.900 | of his or her belief.
00:08:19.220 | - Jenny, thanks so much for joining us here
00:08:20.980 | at the awarding conference.
00:08:22.180 | - Thank you.
00:08:23.020 | (audience applauding)
00:08:24.940 | - I didn't realize there's so many skills
00:08:27.580 | that men are learning at a very young age
00:08:30.620 | that women are not.
00:08:31.860 | They're learning strategy,
00:08:33.340 | they're learning capital allocation,
00:08:34.940 | they're learning just how to take risks,
00:08:37.340 | fail, and get back in the game.
00:08:39.380 | I've been playing poker as a business person
00:08:42.100 | my whole life, I just didn't know it.
00:08:43.820 | (hip hop music)
00:08:46.480 | ♪ I can do this with my eyes closed ♪
00:08:48.640 | ♪ We forgot nothin' on my goals ♪
00:08:50.160 | ♪ My girl ain't plastic, she don't even recycle ♪
00:08:52.480 | ♪ All these kids just wanna be idols ♪
00:08:54.720 | ♪ All these kids just wanna be rival ♪
00:08:56.880 | ♪ I need somethin' way more than viral ♪
00:08:59.040 | ♪ I need somethin' way more than viral ♪
00:09:01.240 | ♪ Gotta be somethin' way more than idol ♪
00:09:06.240 | ♪ Careful not to get too close ♪
00:09:09.080 | ♪ I might just go ♪
00:09:14.080 | ♪ We like to, we like to go ♪
00:09:15.720 | ♪ We like to, we like to, we like to go ♪
00:09:18.000 | ♪ Might just go ♪
00:09:20.600 | - We don't need Sax, he's not gonna
00:09:26.040 | add anything to the side shit.
00:09:27.760 | Fuck Sax, let him sleep.
00:09:30.400 | Get him some fuckin' coffee.
00:09:31.840 | I mean, for real.
00:09:34.040 | He was out last night with Drake, I think.
00:09:37.200 | Oh, look, look what the cat dragged in.
00:09:40.320 | Oh.
00:09:41.560 | - Yeah, I was busy last night writing an op-ed.
00:09:43.720 | What did you do?
00:09:44.560 | - Oh, oh, it's 9.59, I can set my watch.
00:09:47.720 | - I read it.
00:09:48.560 | - I didn't see it.
00:09:49.400 | Who'd you write it for?
00:09:50.560 | - Elon.
00:09:51.400 | - There's an article in Today's New Yorker
00:09:59.520 | calling you a super villain,
00:10:01.160 | because you're advocating peace
00:10:02.680 | and protecting the First Amendment.
00:10:03.960 | I mean, it's like completely upside down.
00:10:06.160 | - Do you want people to eat their vegetables?
00:10:12.040 | - At this point, you literally cannot sell
00:10:14.640 | actual press from parody.
00:10:16.880 | - This session is like my fucking nightmare,
00:10:20.160 | because I'm so frustrated with Chess, I gotta be honest.
00:10:22.520 | Just sitting here and getting embarrassed
00:10:23.760 | in front of everyone and putting it on the fuckin' internet,
00:10:25.560 | it's like.
00:10:26.400 | - Okay, check.
00:10:29.720 | - What?
00:10:30.560 | The fuck?
00:10:32.640 | - I can't focus on you anymore.
00:10:35.000 | - Oh, Jesus Christ, you're such an asshole.
00:10:38.320 | God, this is like fuckin' 20 years
00:10:40.480 | of our friendship right there.
00:10:41.680 | That's exactly.
00:10:43.280 | - You know, let's have term limits
00:10:44.920 | for members of Congress and Senators.
00:10:46.560 | Let's not have any corporate PAC money,
00:10:49.600 | or any PAC money, any lobbyists.
00:10:52.120 | And also, ban members of Congress from becoming lobbyists.
00:10:55.560 | This was common sense things.
00:10:57.400 | - I mean, listen, I think this is the most
00:10:59.920 | eclectic and interesting group of speakers
00:11:02.880 | that any conference of the year pulls together.
00:11:05.520 | Yeah, we have problems in the world.
00:11:07.440 | Graham will say, "Destined for war."
00:11:09.120 | Ray Dalio will say, "Fall of an empire."
00:11:11.960 | Well, part of what they're doing is sending us a warning.
00:11:14.520 | But the great thing about America,
00:11:15.600 | like, we have agency.
00:11:17.240 | We get together every week and we have this conversation
00:11:19.920 | because we actually think you can do something
00:11:22.360 | about these things, right?
00:11:24.600 | And talking about it is critical
00:11:26.600 | to doing something about these things.
00:11:27.840 | I'm hitting the head.
00:11:28.880 | (dramatic music)
00:11:33.520 | (dramatic music)
00:11:36.280 | - He looks like fucking Blade Runner.
00:11:44.640 | That's awesome.
00:11:45.960 | (dramatic music)
00:11:49.240 | - Rock and roll, baby.
00:11:50.440 | Here we go.
00:11:51.280 | (dramatic music)
00:11:54.080 | (dramatic music)
00:11:56.840 | (dramatic music)
00:12:14.600 | (dramatic music)
00:12:17.360 | ♪ When you're dancing ♪
00:12:37.520 | ♪ Beside me ♪
00:12:42.600 | ♪ And you feel alive when you need me ♪
00:12:47.600 | ♪ Just dream it now ♪
00:12:53.520 | ♪ I'll show you how ♪
00:12:58.120 | ♪ Just think of all the things ♪
00:13:03.120 | ♪ Dream it now ♪
00:13:08.800 | ♪ I'll show you how ♪
00:13:13.800 | ♪ Welcome to the U.S.A. ♪
00:13:18.880 | (dramatic music)
00:13:35.080 | ♪ Welcome to the U.S.A. ♪
00:13:38.400 | (dramatic music)
00:13:41.160 | (dramatic music)
00:13:43.920 | (dramatic music)
00:13:46.680 | (dramatic music)
00:13:50.280 | ♪ Welcome to the U.S.A. ♪
00:13:53.520 | (dramatic music)
00:13:56.280 | (dramatic music)
00:14:03.920 | (dramatic music)
00:14:11.880 | (dramatic music)
00:14:14.640 | (upbeat music)
00:14:17.220 | [BLANK_AUDIO]