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#2537 - David Sinclair
The AI Trap: Why Buying More Tech Won’t Fix Your Broken Business
Google's AI Brain Drain, SpaceX's Huge Quarter, Airtable's 90% Collapse, US Data Fuels China AI
(0:00) Bestie intros! Brad Gerstner fills in for Chamath
(2:16) Major shakeups at Google: AI brain drain or better strategy?
(20:39) SpaceX's big quarter: Terafab, AI Capex, $1T revenue projection?
(45:44) All-In Summit Speaker Announcements!
(48:01) Airtable sells for a 90% discount: SaaSpocalypse?
(1:05:56) Chinese AI labs are buying US training data to catch up
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Short Stuff: Nero and His Fiddle
Did Nero play his fiddle while Rome burned during the Great Fire of 64 CE? Absolutely not. Find out how we know when Chuck and Josh bust a two thousand year-old myth.
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Currency Chaos in Argentina (Summer School)
Over the years, we at Planet Money have checked in on Argentina as it tried to recover from economic collapse in 2001 and 2002, and as inflation shot up and the country defaulted on its debts. This week on our Summer School World Tour, we fly to Buenos Aires, mapping the moves of their economy through the eyes of people who live there – from tango classes and shoe shopping to a Coldplay concert that sparked a special exchange rate.
We’ll consider the different attempts from the government to staunch inflation and why they’ve led to so many unintended consequences. But the heart of this week’s trip is the resilience of everyday economic actors, regular people. When the value of your currency is so in flux, average people become monetary contortionists just to navigate work, shopping, saving and to keep small businesses afloat. This adaptability becomes a special kind of skill and wisdom. So, we’re harvesting that everyday economic insight for tips on how we can all face uncertainty a little better. And, to appreciate the high costs of volatility.
Featured Episodes:
- Messi economics (2022)
- A black market, a currency crisis and a tango competition in Argentina (2023)
- The high cost of a strong dollar (2022)
Featured Terms:
- Volatility
- Inflation expectations
- Capital controls
- Austerity
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- Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here)
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This episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre and Schuyler Swenson and edited by Planet Money Executive Producer Alex Goldmark. It was fact-checked by Sierra Juarez and engineered by Jimmy Keeley.
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Bruce Lipton: The Program Running 95% of Your Life
Jon Gruden, Kyler Murray Named Vikings Starter, Mt Rushmore Of Purple Things + Pardon Your Take
Kyler Murray is the starter for the Vikings and we talk about what this means for JJ McCarthy and potential landing spots (00:00:00-00:14:26). Coaches on the hot seat, training camp injuries, the NBA released their schedule and more (00:14:26-00:30:21). Hot Seat/Cool Throne including a crazy golf cheating story, max gets confused and Halloween World Series (00:30:21-01:01:23). Mt Rushmore of purple things (01:01:23-01:19:36). Coach Gruden joins the show to get us ready for football, teams he likes, coaching wisdom he learned throughout the years and more (01:19:36-02:09:28). We finish with listener submitted Pardon Your Take questions
You can find every episode of this show on Apple Podcasts, Spotify or Netflix. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/pardon-my-take