Chamath predicts legacy and athletic college admissions will be eliminated
Chamath Palihapitiya · E135: Wagner rebels, SCOTUS ends AA, AI M&A, startups gone bad, spacetime warps & more · Jul 1, 2023 · at 27:19
Chamath Palihapitiya, founder of Social Capital, discusses the primary downstream consequences of the U.S. Supreme Court decision ending affirmative action in college admissions.
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“The next step is probably going to be around athletics based and legacy based admissions. So athletics based admissions are pretty obvious, which is you don't really have great grades. But you're really stupendous at a sport that's important to that school. So then they let you in because they want to compete in said sport for whatever reason. The legacy one is even more prickly, which is, nah, you're kind of a dummy, but your parents are rich and or went to the school before. And so then they let you in as well. And his thought on this is that those things Will go away because if you can't use race based admissions to kind of balance the scales, then it'll become pretty quick where somebody launches a legacy based lawsuit or an athletic based bias lawsuit and wins that as well.”
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