The Minutes of David Sacks on economy https://minutesof.com/david-sacks/on/economy/ Everything David Sacks has said on economy: 8 verbatim quotes between May 2020 and May 2026, each with a timestamp and a link to the recording it came… en Fri, 23 Oct 2026 11:03:15 +0000 Sacks says hyperscaler capex will exceed $700 billion this year, up from $350 billion last year, over 2% of GD https://minutesof.com/q/93188c3c-6157-400c-8158-546f7ee22c60/ https://minutesof.com/q/93188c3c-6157-400c-8158-546f7ee22c60/ “This year, I think we were supposed to have $660,000,000,000 of hyperscaler CapEx up from $3.50 last year. I think there's now the new estimate is is gonna be over 700.” — All-In Podcast Fri, 01 May 2026 21:37:00 +0000 economy Sacks cites Q4 GDP growth rate of 5.4% despite government shutdown as beyond expectations. https://minutesof.com/q/579b64f7-67f0-4a7b-a2c1-ce5f07d47237/ https://minutesof.com/q/579b64f7-67f0-4a7b-a2c1-ce5f07d47237/ “But, you know, in Q4 GDP growth rate 5.4% despite a government shutdown that just, you know, that number just kind of blew everyone away.” — World Economic Forum Wed, 21 Jan 2026 16:03:28 +0000 economy Sacks cites breaking data showing US productivity at 4.9% and Q4 GDP forecast climbing to 5.4%. https://minutesof.com/q/e97ebb98-4ee8-4776-93de-521c5a4dcdcc/ https://minutesof.com/q/e97ebb98-4ee8-4776-93de-521c5a4dcdcc/ “US productivity just surged 4.9%, the strongest reading in nearly six years. And this is the news item, is that the Atlanta Fed, their forecast for q four GDP just climbed to 5.4%.” — All-In Podcast Sat, 10 Jan 2026 04:28:00 +0000 economy Sacks frames AI as the difference between 4% great growth and 2% modest growth for the economy. https://minutesof.com/q/fa8de119-ab5f-4802-82cb-d3c210a0bc0f/ https://minutesof.com/q/fa8de119-ab5f-4802-82cb-d3c210a0bc0f/ “So AI is the difference between having great GDP growth, say around 4%, and modest GDP growth around 2%.” — All-In Podcast Fri, 17 Oct 2025 23:45:00 +0000 economy Sacks states AI represents 40% of US GDP growth and 80% of stock gains this year. https://minutesof.com/q/15a0c2c0-510f-428b-ae18-e718b1d97c20/ https://minutesof.com/q/15a0c2c0-510f-428b-ae18-e718b1d97c20/ “40% of US GDP growth this year is AI and AI companies have accounted for 80% of the gain in US stocks this year.” — All-In Podcast Fri, 10 Oct 2025 19:21:00 +0000 economy Sacks says two million more American-born workers have jobs in 2025 while foreign-born workers lost a million. https://minutesof.com/q/bf3825d3-1c9a-4866-96ac-e1d340375978/ https://minutesof.com/q/bf3825d3-1c9a-4866-96ac-e1d340375978/ “Around 2,000,000 more American born workers have jobs in 2025 so far. And I think meanwhile, about a million foreign born workers roughly have lost jobs.” — All-In Podcast Sun, 07 Sep 2025 07:18:00 +0000 economy Sacks says real wage growth is now 1% positive compared to negative during most of Biden presidency. https://minutesof.com/q/16e7a675-4d8e-4074-9292-2fe240742205/ https://minutesof.com/q/16e7a675-4d8e-4074-9292-2fe240742205/ “You had 3.7% wage growth this year versus 2.7% average inflation, so you have a net 1% wage growth. During most of the Biden presidency, it was negative.” — All-In Podcast Sun, 07 Sep 2025 07:18:00 +0000 economy Sacks argues under-reaction caused the pandemic and overreaction will cause a depression. https://minutesof.com/q/abd36cc5-2071-4ea3-981c-9d5ff4bd42ab/ https://minutesof.com/q/abd36cc5-2071-4ea3-981c-9d5ff4bd42ab/ “I tweeted that the pandemic, that under reaction caused the pandemic and overreaction will cause the depression. And I think that's kind of where we are right now.” — All-In Podcast Thu, 21 May 2020 05:17:29 +0000 economy