All-In with Chamath, Jason, Sacks & Friedberg · 2026-09-17 · 18 min · 3,092 words

Brad Gerstner: No AI Bubble, Semis Eat the Nasdaq & AI's Take Off Problem

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

Our favorite fifth bestie in the world, the one, the only, Brad Kersner from Altimeter. Brad has had unbelievable career starting five companies, so he's got a very different mentality than your sort of classic hedge fund guy. He's an amazingly successful guy and he's put up A tremendous amount of money if every child in America, all 70 million kids under the age of 18, deserve to have one of these accounts. This would not be a law if Rad Gerstner did not pursue it with absolute dogged determination.

This is not a program. This is a platform. It is the largest unlock of direct philanthropy in the history of the country. I think the antidote to more socialism is more capitalism. Please welcome

Brad Gersner. Woo! Wow! Let's go! Let's go!

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