All-In with Chamath, Jason, Sacks & Friedberg · 2025-07-23 · 49 min · 8,538 words

Winning the AI Race Part 4: Scott Bessent, Howard Lutnick, Chris Wright, and Doug Burgum

Listen to the original audio · Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

Secretary Bessant, it's uh wonderful to see you. Before we maybe deep dive into AI, do you want to give us um the high level update on The three three three plan. How are things going? Um You you had an incredible clip, by the way, with Maria Barteromo, where you talked about some of the things that were happening economically. Maybe just level set everybody on what's going on.

So just for good framing, uh during the campaign Ida Three three three plan. I think his microphone's off. Can we get the microphone on for Scott? Test, test. There it is. Good. So I had a plan

that I called three three three and the idea was to get the budget deficit which was running about six point seven percent of GDP under the Biden administration. Highest that we'd ever had when we Uh we're in a war or in a recession down to three percent.

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