Vanity Fair reported on the fourth year of the All In Summit, hosted by the four hosts of the All In podcast. The summit came after most of Silicon Valley shifted alliances to the political Red Team. I guess pathology attracts pathology.
The "no assholes" corporate rule from the 1990's is long gone, replaced by the greater the rectal behavior, the better. Palantir co-founder Alex Karp epitomizes this new feature as a giant government contractor that repeatedly states inane things. Fortune did a story on Karp's "batshit crazy" statements.
The rise of the TechGod follows decades of government manipulation by a different class of billionaires, private equity underwriters (PEU). The greed and leverage boys coopted government, landing key Cabinet and other government positions, hiring former elected officials for non-lobbying influence, buying affiliates that did or had the potential to do large amounts of business with Uncle Sam and dictating a preferred tax policy that remains in place today (despite being highly unpopular).
TechGods gathered for what? The article states:
Summit-goers spoke the language of revolution. The West was dying; it was actually killing itself. Still, it could be saved. The people here, in fact, would save it. “This is not an audience committing suicide,” Palantir CEO Alex Karp said from the main stage. “This is an audience fighting to win.” What would save us exactly, was not completely clear, but it had something to do with ambition, the new political drift, cryptocurrencies, AI, and getting to Mars.When politicians and billionaires get together, the little people pay. I don't want cryptocurrencies, AI or to go to Mars. All three things need huge subsidies and safe haven (regulatory, tax and liability). Trump World is most accommodating in these areas while pursuing an obscene amount of conflicting business ventures.
The vain showed up in droves to rub elbows with the boys who legitimized Trump II and now serve at the feet of our digital Caligula President.
The pod has lately become a kind of kingmaker’s pulpit, with the Besties dropping casual hints that the concerns of All-In’s guests—entrepreneurs, VCs, billionaires—might find their way into public policy. Or, as one attendee put it: “This podcast is like a direct line to the administration.”
“You were at a dinner with a bunch of private equity and venture assholes..."TechGods play a mean game of PEU imitation.
Update 9-26-25: Trump II, the digital Caligula, went after TechGod Reid Hoffman, one of the few remaining Blue Team supporters. Hoffman has the resources to play Trump's lawsuit games and pursue them to the bitter end.
