(0:00) Brad Gerstner joins the show! (0:38) OpenAI's rough week: Altman's controversial comments on BG2, CFO's "federal backstop" faux pas, clarifications (18:16) Why Jensen Huang said “China is going to win the AI race.”; the need for a federal framework on AI (30:22) OpenAI's strengths and headwinds: breakout product, trust issues, competition, betting on the AI supercycle (36:30) Holiday party announcement! allin.com/events for tickets (39:03) State of the market, consumer is cracking, need for domestic/"main street" wins, is Trump losing the middle class? (1:05:41) Zohran Mamdani wins NYC, socialism's rise in America, solutions, should Republicans end the filibuster? Join us at the All-In Holiday Spectacular!: https://allin.com/events Follow Brad: https://x.com/altcap Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://www.cnbc.com/2025/10/29/alphabet-google-q3-earnings.html https://www.cnbc.com/2025/10/29/meta-q3-earnings-report-2025.html https://www.bloomberg.com/news/articles/2025-11-05/apple-plans-to-use-1-2-trillion-parameter-google-gemini-model-to-power-new-siri https://www.wsj.com/video/openai-wants-federal-backstop-for-new-investments/4F6C864C-7332-448B-A9B4-66C321E60FE7 https://www.linkedin.com/feed/update/urn:li:activity:7392049356012507136/ https://x.com/DavidSacks/status/1986476840207122440 https://x.com/sama/status/1986514377470845007 https://www.ft.com/content/53295276-ba8d-4ec2-b0de-081e73b3ba43 https://x.com/nvidianewsroom/status/1986221177099194484 https://www.aipanic.news/p/the-ai-existential-risk-industrial https://fred.stlouisfed.org/series/LES1252881600Q https://x.com/MorningBrew/status/1986464568470888935 https://x.com/chamath/status/1986076707196162068 https://polymarket.com/event/new-york-city-mayoral-election https://www.nbcnews.com/politics/2025-elections/new-york-city-mayor-results https://x.com/JDVance/status/1986099131845136594 https://x.com/houmanhemmati/status/1980499276229931034 #allin #tech #news