The besties (Jason Calacanis, David Sacks, Chamath Palihapitiya, David Friedberg) dissect the Democratic midterm sweep, Trump's path forward, the roughly $4 trillion AI-stock selloff, and data center politics. They close with a Science Corner on an OpenAI math result.
Sacks says the Iran war pushed gas above $4 and inflation from 2.4% to 3.7%; 74% of voters called the war crucial or major. Chamath says the economy is structurally broken and economic populism wins. Friedberg blames government spending and the oligarch narrative around AI. Chamath predicts new data center permits slow, favoring hyperscalers and squeezing renters, with SpaceX's 90-day Anthropic compute out as a kingmaker move. Sacks expects meaningful 2027 CapEx but a 2028 cliff. OpenAI reportedly disproved the Exponential Time Hypothesis.