AI's Influence on the Economy with Nathan Labenz

This week on Econ 102, Noah Smith and Erik Torenberg discuss the differentiation between technology and 'tech' as an investment category, the future of AI, potential profitability of AI companies, and the challenges faced by VC investors in the AI space.🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj--RECOMMENDED PODCASTS:🎙️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics.Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSzYouTube: https://www.youtube.com/@ThisWontLastpodcast--SPONSORS: NETSUITE | BABBEL | WORKOS📈 More than 37,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. If you're looking for an ERP platform, get a one-of-a-kind flexible financing program on NetSuite: netsuite.com/102🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/econ102🛠️ Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at https://bit.ly/WorkOS-TCR--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Noahpinion: https://www.noahpinion.blog/Some thoughts on the future of the tech industry: https://www.noahpinion.blog/p/some-thoughts-on-the-future-of-the_TIMESTAMPS:(00:00) Intro(00:23) State of technology: Optimism vs. realism(07:18) Consumer social and the limits of innovation(11:10) Role of AI in education and healthcare(18:35) Sponsors: Babbel | WorkOS(20:44) Impact of incumbents on innovation(25:28) Future of e-commerce and remote work(31:52) Sponsor: NetSuite(32:59) Future of AI in venture capital(36:13) Economic impacts of AI adoption(40:52) Challenges in AI profitability(43:33) Role of big tech in AI(50:24) Political shifts in the tech industry(01:03:13) Wrap

14 Elo 20241h

This week, Noah Smith and Erik Torenberg discuss the implications of Tim Walz as Kamala Harris' VP pick, the stock market chaos of Monday August 5th, the state of the U.S. economy, the economic collapse of Venezuela, and the growth of East Asian countries. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj--RECOMMENDED PODCASTS:🎙️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics.Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSzYouTube: https://www.youtube.com/@ThisWontLastpodcast--SPONSORS: BABBEL | WORKOS🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/econ102🛠️ Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at https://bit.ly/WorkOS-TCR--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Noahpinion: https://www.noahpinion.blog/Who's "weird"?: https://www.noahpinion.blog/p/whos-weird_TIMESTAMPS:(00:00) Intro(00:27) Discussion on the VP pick(08:49) Democrats and the strategy of 'Return to Normalcy'(09:56) The Weirdness Discourse(17:11) Sponsors: Babbel | WorkOS(19:38) ‘Weirdness’ in politics(23:44) Kamala's inconsistency(26:16) Economic updates and market sentiment(32:54) Economic indicators and unemployment trends(36:23) Concerns about national debt(40:00) The dollar milkshake theory(42:07) Venezuela's economic collapse(51:04) East Asian economic success stories(01:00:01) China's growth and success(01:03:44) Wrap

7 Elo 20241h 1min

In today's episode, Noah Smith and Erik Torenberg tackle pressing listener questions focused on the economic impact of AI, software, immigration, and more. They also cover the potential for economic development in poor countries and the evolving nature of industrial policy in the US and China.🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj-RECOMMENDED PODCASTS:🎙️1 to 100 | Hypergrowth Companies Worth JoiningEvery week we sit down with the founder of a hyper-growth company you should consider joining. Our goal is to give you the inside story behind breakout, early stage companies potentially worth betting your career on. This season, discover how the founders of Modal Labs, Clay, Mercor, and more built their products, cultures, and companies.Spotify:https://open.spotify.com/show/70NOWtWDY995C8qDqojxGwApple: https://podcasts.apple.com/podcast/id1762756034-🎙️ History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--SPONSORS: BABBEL | WORKOS🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/econ102🛠️ Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at https://bit.ly/WorkOS-Turpentine--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Noahpinion: https://www.noahpinion.blog/_TIMESTAMPS:(00:00) Intro(00:32) Economic development in poor countries(05:31) Role of Foreign Aid(08:03) Universal Basic Income and parenting(11:47) Software and inequality(21:50) Impact of AI on employment(25:55) Sponsors: Babbel | WorkOS(28:22) Existing AI capabilities(36:06) Immigration impacts(44:35) Shifting progressive economic policies(54:12) China's industrial policy vs. US(01:00:59) Wrap

31 Heinä 202458min

In today’s episode, Noah Smith and Erik Torenberg discuss the potential of Kamala Harris as a presidential nominee, President Biden’s legacy, impact of COVID-19 on the economy and inflation, and the recent shifts in U.S. foreign relations and immigration policies.🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj--RECOMMENDED PODCASTS:🎙️1 to 100 | Hypergrowth Companies Worth JoiningEvery week we sit down with the founder of a hyper-growth company you should consider joining. Our goal is to give you the inside story behind breakout, early stage companies potentially worth betting your career on. This season, discover how the founders of Modal Labs, Clay, Mercor, and more built their products, cultures, and companies.Spotify:https://open.spotify.com/show/70NOWtWDY995C8qDqojxGwApple: https://podcasts.apple.com/podcast/id1762756034-🎙️ History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--SPONSORS: BEEHIIV | BABBEL | WORKOS🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/econ102🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months🛠️ Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at https://bit.ly/WorkOS-Turpentine--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Noahpinion: https://www.noahpinion.blog/_TIMESTAMPS:(00:00) Intro(00:17) Kamala Harris's political prospects(05:04) Biden's legacy and presidential impact(11:07) Sponsors: Babbel | Beehiiv(13:42) COVID-19 vaccine release(16:03) Inflation and economic policies(22:53) Industrial policy and trade(28:48) Sponsor: WorkOs(29:49) Impact of Trump’s presidency(33:54) Trump vs. Biden(38:37) Afghanistan withdrawal and the role of Trump and Biden(46:24) Ukraine: Biden administration's response(54:32) Biden's big challenge on immigration(58:00) Wrap

26 Heinä 202456min

In today’s episode, Noah Smith and Erik Torenberg discuss the nomination of JD Vance as Vice President, Trump's political strategies, and the potential geopolitical shifts with a focus on China. The conversation also covers Biden's policy continuity and the role of tech leaders in shaping political directions. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj--RECOMMENDED PODCASTS:🎙️1 to 100 | Hypergrowth Companies Worth JoiningEvery week we sit down with the founder of a hyper-growth company you should consider joining. Our goal is to give you the inside story behind breakout, early stage companies potentially worth betting your career on. This season, discover how the founders of Modal Labs, Clay, Mercor, and more built their products, cultures, and companies.Spotify:https://open.spotify.com/show/70NOWtWDY995C8qDqojxGwApple: https://podcasts.apple.com/podcast/id1762756034-🎙️ History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--SPONSORS: BEEHIIV | BABBEL | COMMANDBAR | WARP🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/econ102🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months🦾 Level up your ineffective website chatbot with CommandBar. CommandBar builds a new type of web assistant which delivers highly personalized responses, real time co-browsing, and can perform actions on behalf of the users. Learn how Hashicorp, Gusto, Freshworks and more use CommandBar at https://commandbar.com/mozThis episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Noahpinion: https://www.noahpinion.blog/_TIMESTAMPS:(00:00) Intro(00:22) Analyzing J.D. Vance's VP Nomination(03:11) J.D. Vance's policy positions and influence(09:14) Trump's foreign policy and asia focus(14:07) Healthcare spending and political shifts(17:58) Biden's continuation of Trump policies(22:36) Sponsors: Beehiiv and Babbel(25:11) Potential changes if Trump gets re-elected(26:34) Silicon Valley's political shift(33:46) Democrats' relationship with technology(37:06) Elon Musk's political shift(46:40) Sponsors: CommandBar and Warp(48:51) Current state of stability in the US(55:49) Future of U.S.-China relations(59:22) Importance of patriotism in the 2030s(01:04:52) Role of tech leaders in influencing politics(01:05:12) Wrap

17 Heinä 20241h 1min

This week on ECON 102, Noah Smith and Erik Torenberg discuss the Republican Party platform and its focus on economic issues. They also cover the influence of Trump-era policies, the evolving stance on immigration policies, cost reduction on education, housing and healthcare - and what Noah would do if he was the enlightened despot in charge of the US. 🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj--RECOMMENDED PODCAST:🎙️ Second Opinion - A new podcast for health-tech insiders from Christina Farr of the Second Opinion newsletter. Join Christina Farr, Luba Greenwood, and Ash Zenooz every week as they challenge industry experts with tough questions about the best bets in health-tech.Apple Podcasts: https://podcasts.apple.com/us/podcast/id1759267211Spotify: https://open.spotify.com/show/0A8NwQE976s32zdBbZw6bv-🎙️ History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--SPONSORS: BEEHIIV | BABBEL | COMMANDBAR | WARP🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/econ102🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months🦾 Level up your ineffective website chatbot with CommandBar. CommandBar builds a new type of web assistant which delivers highly personalized responses, real time co-browsing, and can perform actions on behalf of the users. Learn how Hashicorp, Gusto, Freshworks and more use CommandBar at https://commandbar.com/mozThis episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Let's evaluate the whole Republican party platform!: https://www.noahpinion.blog/p/lets-evaluate-the-whole-republicanNoahpinion: https://www.noahpinion.blog/_TIMESTAMPS:(00:00) Intro(00:19) Analyzing the Republican Party Platform(01:53) Economic focus of the platform(02:25) Cultural shifts in the Republican Party(05:19) Comparing past and present platforms(09:10) Immigration policies and their impact(12:03) Sponsors: Beehiiv and Babbel(14:38) Inflation and economic strategies(20:15) Merit-based immigration and family reunification(24:48) Building the greatest economy in history(27:47) Sponsors: CommandBar and Warp(29:59) Role of government in elder care(33:42) Proposed solutions for California's budget(36:26) Reducing costs in education, housing, and healthcare(42:04) Boosting exports and trade policies(45:41) Manufacturing productivity and challenges(57:08) Trump's impact on Republican policies(01:00:36) Wrap

10 Heinä 202456min

This week on Econ 102, Noah Smith and Erik Torenberg celebrate America by discussing its future. They explore the 2024 presidential outlook, the Chevron ruling from the Supreme Court, and the polarization of the education system. Noah and Erik also discuss where wokeness goes from here, and the potential outcomes of integrating more conservatives into the civil service through initiatives like Project 2025. 🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj--RECOMMENDED PODCAST:🎙️ Second Opinion - A new podcast for health-tech insiders from Christina Farr of the Second Opinion newsletter. Join Christina Farr, Luba Greenwood, and Ash Zenooz every week as they challenge industry experts with tough questions about the best bets in health-tech.Apple Podcasts: https://podcasts.apple.com/us/podcast/id1759267211Spotify: https://open.spotify.com/show/0A8NwQE976s32zdBbZw6bv-🎙️ History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--SPONSORS: BABBEL | BEEHIIV | WARP | METAVIEW🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three monthsThis episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.Metaview is the AI assistant for interviewing. Metaview completely removes the need for recruiters and hiring managers to take notes during interviews—because their AI is designed to take world-class interview notes for you. Team builders at companies like Brex, Hellofresh, and Quora say Metaview has changed the game—see the magic for yourself: https://www.metaview.ai/heretics--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Noahpinion: https://www.noahpinion.blog/_TIMESTAMPS:(00:00) Intro(01:55) Debate on Biden and Trump's political future(03:13) Kamala Harris and democratic strategy(07:10) Deep state and government fiefdoms(11:34) Bernie Sanders and election interference(14:00) Chevron ruling and regulatory power(19:14) Sponsors: Beehiiv | Babbel(21:49) Project 2025 and civil service polarization(29:41) Floyd protests and anti-Trump sentiment(33:08) Palestine protests and political exhaustion(35:14) Sponsors: Warp | Metaview(37:15) Samo Bersia's administrative state proposal(39:06) Role and funding of the Department of Education(41:02) Teachers' unions and education reform(47:40) Class and identity in American society(54:17) Future of basic income and poverty reduction(58:32) Wrap

6 Heinä 202454min

In today’s episode, Noah Smith and Erik Torenberg answer listener questions on intriguing topics from politics to personal relationships. They analyze Donald Trump, discuss Chomsky's influence on foreign policy, explore the economics of dating markets, and discuss Noah's theory 'why sex leads to love'.🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj--RECOMMENDED PODCAST:🎙️ Second Opinion - A new podcast for health-tech insiders from Christina Farr of the Second Opinion newsletter. Join Christina Farr, Luba Greenwood, and Ash Zenooz every week as they challenge industry experts with tough questions about the best bets in health-tech.Apple Podcasts: https://podcasts.apple.com/us/podcast/id1759267211Spotify: https://open.spotify.com/show/0A8NwQE976s32zdBbZw6bv-🎙️ History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--SPONSORS: BABBEL | BEEHIIV | WARP🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/econ102🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three monthsThis episode is brought to you by Warp. Don’t let payroll and compliance hold your startup back: visit https://joinwarp.com/peel to get started and receive a $1000 gift card when your first run payroll.--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co--LINKS:Noahpinion: https://www.noahpinion.blog/--TIMESTAMPS:(00:00) Intro(00:20) Assessing Trump's Presidency
(03:20) Trump's Presidency: The good and the bad(12:32) Biden vs. Trump: Second term predictions(16:18) Sponsor: Babbel and Beehiiv(18:53) Tech's shift towards Trump(25:20) Chomsky's influence on foreign policy(30:49) Sponsor: Warp(31:48) Anti-American sentiment: A global perspective(35:46) Economic schools of thought(37:08) Ranking federal reserve chairs(41:00) Paul Krugman's legacy(42:49) Economic models and dating markets(47:22) Role of sex in long-term relationships(53:56) Coolidge effect and human relationships(01:00:38) Genetics and long-term passion(01:03:23) Wrap

25 Kesä 20241h 1min