In this interview, Andrew Ross Sorkin discusses his new book, "1929," with Chamath Palihapitiya and David Sacks, exploring the parallels between the economic conditions of 1929 and today. The conversation covers the factors leading to the 1929 crash, including the rise of consumer credit, stock market speculation, and the role of key figures like Charlie Mitchell and Carter Glass. They analyze the impact of regulations, the human desire for "more," and the balance between speculation and innovation. The discussion shifts to modern economic issues such as AI's influence, government spending, and the potential for a new economic compact, ending with a discussion about the potential movie adaptation of the book.
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