This week, Byrne Hobart and Erik Torenberg discuss a lesser-known Chamath Palihapitiya story, the index rebalancing trade as a postmodern part of finance, AI labs, crypto, and more.

Byrne Hobart is hiring an associate! Check out the JD here: https://www.thediff.co/jobs/

? Apply to join over 400 founders and execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj
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Listen on Spotify: https://open.spotify.com/show/6YQZkKHN7EP2yWedAvSxBC?si=18377c69a2804333
Listen on Apple: https://podcasts.apple.com/ca/podcast/autopilot-with-will-summerlin/id1738163836
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TIMESTAMPS:
(00:00:00) About the Show
(00:00:20) Chamath, IAC, and Tinder
(00:16:20) Sponsors: Babbel | Beehiiv
(00:18:54) Chamath continued
(00:18:54) Twitter, Threads
(00:22:40) Twitter, Twitch
(00:24:12) Twitter, API
(00:28:37) Meme coins
(00:32:10) The postmodernity of index rebalancing trades
(00:35:37) S&P 500 inclusion and exclusion
(00:40:52) Crypto, AI, and the Zeitgeist
(00:42:14) Crypto
(00:46:55) AI Labs
(00:49:35) Why is it money intensive and talent intensive?
(00:53:59) What should people study in college?
(00:59:24) Byrne is hiring an associate!
(01:02:13) Outro