This talk was recorded live at the All-In Summit 2023 at Royce Hall on UCLA's campus in Los Angeles.

(0:00) Besties welcome Vinod Khosla to All-In Summit ‘23!
(2:28) “Most VCs add negative value”
(5:22) AI & OpenAI
(10:37) “The need to work will disappear”
(14:03) “Capitalism is by permission of democracy”
(15:26) Universal basic income
(17:04) AI value creation beyond LLMs
(21:09) Incumbents don’t innovate
(23:52) Fusion
(27:07) Autonomous public transit
(30:10) Asset bubbles and the state of venture
(33:13) Timing the market

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