Home

cover of episode E171: DOJ sues Apple, AI arms race, Reddit IPO, Realtor settlement & more

E171: DOJ sues Apple, AI arms race, Reddit IPO, Realtor settlement & more

2024/3/22

All-In with Chamath, Jason, Sacks & Friedberg

Chapters

The All-In besties discuss the DOJ's antitrust lawsuit against Apple, focusing on five alleged abuses: super apps, cloud gaming apps, messaging apps, smartwatches, and digital wallets. They debate whether Apple's practices stifle competition and harm consumers or simply reflect consumer choice in a premium market. The conversation also touches on interoperability, the role of government regulation, and the potential outcomes of the lawsuit.

DOJ lawsuit alleges Apple abuses its App Store power, limiting consumer choice and raising prices.
Apple's defense may center on its vertically integrated product strategy, arguing that interoperability mandates would degrade user experience.
Debate arises on whether consumer choice or anti-competitive practices are at the heart of Apple's market dominance.
Historical parallels are drawn with Microsoft's antitrust case concerning Netscape and Internet Explorer.

Shownotes Transcript

(0:00) Bestie Intros: Don't spoil Dune 2!

(0:55) DOJ drops antitrust suit on Apple

(23:36) Apple reportedly in talks with Google and OpenAI to power AI features on iPhone

(32:17) NAR settlement: how it impacts residential real estate going forward

(44:30) Microsoft's "Shadow Acquihire" of Inflection AI

(48:43) How the besties would deploy $40B in AI as a sovereign wealth fund

(1:01:57) Reddit IPO: is risk-on back?

(1:07:17) Science Corner(s): Universe expansion, first pig kidney transplant in human, Neuralink

Follow the besties:

https://twitter.com/chamath)

https://twitter.com/Jason)

https://twitter.com/DavidSacks)

https://twitter.com/friedberg)

Follow the pod:

https://twitter.com/theallinpod)

https://linktr.ee/allinpodcast)

Intro Music Credit:

https://rb.gy/tppkzl)

https://twitter.com/yung_spielburg)

Intro Video Credit:

https://twitter.com/TheZachEffect)

Referenced in the show:

https://storage.courtlistener.com/recap/gov.uscourts.njd.544402/gov.uscourts.njd.544402.1.0_3.pdf)

https://www.justice.gov/opa/pr/justice-department-sues-apple-monopolizing-smartphone-markets)

https://www.google.com/finance/quote/AAPL:NASDAQ)

https://www.bloomberg.com/news/articles/2024-03-18/apple-in-talks-to-license-google-gemini-for-iphone-ios-18-generative-ai-tools)

https://www.macrumors.com/2023/10/11/google-pays-apple-billions-default-search)

https://venturebeat.com/ai/apple-releases-mgie-a-revolutionary-ai-model-for-instruction-based-image-editing)

https://twitter.com/chamath/status/1769751534940918234)

https://nypost.com/2024/02/26/business/google-to-relaunch-woke-gemini-ai-image-tool-in-few-weeks)

https://twitter.com/Patworx/status/1760189582870536408)

https://www.youtube.com/watch?v=QNv9PRDIhes)

https://www.nbcnews.com/business/real-estate/national-association-realtors-settlement-changes-rcna143634)

https://www.wsj.com/real-estate/realtors-settlement-change-buy-sell-homes-da45eb23)

https://www.bloomberg.com/news/articles/2024-03-19/inflection-ai-plans-pivot-after-most-employees-go-to-microsoft)

https://www.bloomberg.com/news/articles/2024-03-19/microsoft-hires-deepmind-co-founder-suleyman-to-run-consumer-ai)

https://inflection.ai/inflection-ai-announces-1-3-billion-of-funding)

https://www.nytimes.com/2024/03/19/business/saudi-arabia-investment-artificial-intelligence.html)

https://www.cnbc.com/2024/03/21/reddit-ipo-rddt-starts-trading-on-nyse.html)

https://www.wsj.com/economy/central-banking/fed-officials-still-see-three-cuts-this-year-0b039532)

https://www.wsj.com/real-estate/commercial/americas-office-fire-sale-has-barely-begun-0c8d376f)

https://www.foxweather.com/earth-space/nasa-webb-telescope-hubble-observations-universe-expansion-rate-question)

https://www.massgeneral.org/news/press-release/worlds-first-genetically-edited-pig-kidney-transplant-into-living-recipient)

https://twitter.com/neuralink/status/1770563939413496146)