Chip Stocks Crash, $20B Fund Margin Called, Frontier Labs- SLOW DOWN AI, Mamdani's Grocery Stores

Open Source Can Win Usage But Not Necessarily Profits
- Open source models take token share but revenue remains concentrated at OpenAI and Anthropic; compute scarcity and margins could entrench leaders even if open source gains usage.
- David Sacks compares a possible Apple/Android split: share vs. monetization. (Time 0:45:00)
Labs Buying And Shredding Rare Books For Training
- Investigations report AI companies are bulk buying rare physical books, cutting spines and scanning them to create ‘clean’ training data sets.
- Jason and guests note Anthropic allegedly paid a $1.5B settlement for pirated books and that destroying rare copies sparked public outrage. (Time 1:01:16)
Discount Groceries Create A Socialist Spectacle
- New York’s plan for city‑owned discounted grocery stores is designed as a spectacle that can politically popularize socialism despite long‑term fiscal costs.
- David Sacks predicts early popularity and media coverage will make the initiative a political win even if it later strains budgets. (Time 1:14:38)
Fruit Fly Brain Reveals 64‑Dimensional Connectivity
- Researchers modeled the fruit fly connectome and found hyperbolic geometry or ~64‑dimensional Euclidean embeddings best predict neural wiring, implying high‑dimensional structure underlies even tiny brains.
- David Friedberg highlights the result as evidence biology encodes complex connectivity far beyond 3D space. (Time 1:25:14)