Chamath’s prediction is explicitly about a “secular shift” that will play out “over the coming election cycles” in the late 2020s, i.e., well beyond November 2025, so by definition the full forecast horizon has not elapsed. In the short period since the March 2025 podcast, there are some signs in the direction he describes: Trump’s second-term economic agenda has prioritized sweeping protectionist tariffs that contributed to the April 2025 stock market crash, while Trump publicly downplayed near-term market performance, arguing the U.S. cannot operate on a quarter‑to‑quarter perspective. (en.wikipedia.org) There is also rhetoric from Trump‑aligned institutions about crafting “worker‑focused” AI and industrial policies, suggesting at least a messaging shift toward workers and “Main Street.” (washingtonpost.com)

At the same time, core Republican/MAGA economic proposals continue to include extending and expanding the 2017 corporate and high‑income tax cuts, a traditionally Wall Street–friendly priority, and independent analyses argue that Trump’s tariff program in practice raises costs for working‑ and middle‑class households rather than clearly privileging them. (en.wikipedia.org) Because the prediction concerns a durable realignment “over the coming election cycles” into the late 2020s, and we have observed only the first year of a single term with mixed evidence, it is too early to determine whether Republican/MAGA strategists will sustainably de‑emphasize support for Wall Street and the stock market in the way Chamath envisioned. Hence the outcome is currently inconclusive, not yet demonstrably right or wrong.