Big Fed rate cuts, AI killing call centers, $50B govt boondoggle, VC's rough years, Trump-Kamala

The episode starts with bestie intros and a recap of the All-In Summit. The discussion shifts to the recent Federal Reserve decision to cut 50 basis points, exploring whether it serves as an economic tailwind, a concerning signal, or both. The conversation moves to AI's impact on call centers and the intricacies of agent training. They critique the US government's allocation of $50 billion toward rural internet and EV charging stations, questioning its efficiency. Reflecting on challenging years in venture capital, they debate whether the VC model is broken. The episode concludes with reactions to the first Trump/Kamala debate, analyzing factors that could influence each candidate's success.