OpenAI's GPT-5 Flop, AI's Unlimited Market, China's Big Advantage, Rise in Socialism, Housing Crisis

In this episode of the All-In podcast, Jason Calacanis, David Friedberg, Gavin Baker, Ben Shapiro, and Phil Deutch discuss a wide range of topics, including Jason's nicotine patches, the All-In Summit, and ChatGPT-5's underwhelming release. They debate the existential race for AI dominance between the U.S. and China, the role of tariffs in the American economy, and the potential for socialism in the United States. The conversation touches on energy policy, the impact of government subsidies, and the centralization of power. They also review summer reading and viewing recommendations, and debate Apple's innovation strategy.