Explorez tous les épisodes du podcast Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work
| Titre | Date | Durée | |
|---|---|---|---|
| Open AI: For What It's Worth | 07 Oct 2024 | 00:44:07 | |
We always try to flag the smoke signals of mischievous market behaviour that gets society and stock portfolios into trouble. Are we about to get fooled again by the hype and hysteria surrounding the poster child Open AI? Or maybe, just maybe, it’s worth joining us for 30 minutes to find what really sits behind a 150bn valuation and ask whether beauty is in the eye of the beholder? For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/ More on Will Page at: https://pivotaleconomics.com (Times below correspond to the episode without considering any inserted advertisements.) In the latest episode of Bubble Trouble, co-hosts Richard Kramer and Will Page dive into the hype surrounding OpenAI, now valued at $150 billion. They examine the risks of market hype and hysteria behind this soaring valuation, discussing the broader implications for society and the tech industry. The episode explores the nuances of company valuations, comparing public versus private market insights and the lack of transparency in the private sector. With references to past tech bubbles, the hosts analyze the potential conflicts of interest among investors and question the sustainability of current trajectories in tech valuations. As they await the next bubble to burst, Kramer and Page emphasize the importance of scrutinizing underlying business fundamentals in an era of outsized market valuations. 00:00 Introduction 00:49 Part One 01:04 The AI Hype and OpenAI's Valuation 03:25 Understanding Company Valuations 06:32 Public vs Private Market Valuations 10:56 The Transparency Challenge in Tech 15:26 Reflecting on Past Episodes and Lessons 21:12 Part Two 21:49 The Role of Central Banks in Market Bubbles 25:32 Exploring OpenAI's Valuation and Market Dynamics 36:09 Smoke Signals and Future Predictions 43:46 Credits Hosted on Acast. See acast.com/privacy for more information. | |||
| You Can't Lead If You Don't Know Where You're Going: Big Tech vs Big Gov Tech with Bill Raduchel | 30 Sep 2024 | 00:50:37 | |
This week we speak with Bill Raduchel, who has served as a high-level executive and strategic adviser for organizations such as Sun Microsystems, AOL Time Warner, Xerox, McGraw-Hill, and the Salvation Army. Over half a century working with systems, software, and networks, he has remained at the forefront of the technology revolution in media, education, and corporate governance including recognition at Sun as CIO of the Year and the top CFO in the computer industry and at AOL as CTO of the year. He holds more than fifty issued patents as well as a PhD in econometrics from Harvard, where he taught for five years with John Kenneth Galbraith. He has been writing software in some form since he turned fifteen years old in 1961. He is also the author of The New Technology State. This book is about society—how it has changed and what technology is enabling us to do to ourselves. [Repeat from April, 2024] For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/ More on Will Page at: https://pivotaleconomics.com (Times below correspond to the episode without considering any inserted advertisements.) The New Technology State: Redefining the Tech and Government Landscape 00:00 Welcome to Bubble Trouble: A Skeptical Conversation 00:46 A Journey Through Tech and Economics 06:23 The Evolution of Technology and Its Impact on Economics 08:02 The Writing Process and Insights into Bill's Book 11:21 Exploring the New Technology State and Government Challenges 17:43 The Intricacies of Tech Talent and Government Staffing 19:53 Tech Debt and the Challenges of Modernization 25:55 The Global Tech Landscape: Government and Private Sector Dynamics 25:55 Wrapping Up Part One and Teasing Part Two 25:55 Simplifying UK Government Websites: A Double-Edged Sword 25:55 The Dangers of Centralization and Cybersecurity 26:10 Big Tech, Government, and the Quest for Regulation 27:59 The Talent Gap in Government and Tech Regulation Challenges 29:15 Innovative Solutions andthe Power of Decentralization 30:15 The Role of Startups in Tech Innovation and Employee Motivation 31:59 Google's Management Revolution: Lessons in Innovation 34:45 The Complexities of Regulating Big Tech 40:05 Navigating the Future of AI and Government Regulation 42:19 Economics, Education, and the Future Workforce 44:56 Smoke Signals: Warning Signs in Tech and Regulation 50:06 Credits Hosted on Acast. See acast.com/privacy for more information. | |||
| In Conversation with Former Enron CFO Andy Fastow Part One | 29 Jul 2024 | 00:55:50 | |
For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/ More on Will Page at: https://pivotaleconomics.com In this 100th episode of Bubble Trouble, hosts Richard Kramer and Will Page discuss the inner workings of business and financial markets, shedding light on their truths via conversations with their guest, former CFO of Enron, Andy Fastow. They discuss the key factors that led to the downfall of Enron, including the exploitation of accounting 'loopholes' and the destructive impact of mark-to-market accounting and how it leads companies into a risk-laden gray area of business. They also cover the issues surrounding operating leases, addressing the ethical debate of 'genius' vs 'evil'. Furthermore, they delve into insightful examples of business mishaps and financial irregularities including the collapse of the Silicon Valley Bank. Fastow expresses his regret and responsibility for Enron's downfall, highlighting the difference between technically following the accounting rules and creating misleading financial impressions of a company. [Repeat from November 2023] 0:00 BT 100 In Conversation with Former Enron CFO Andy Fastow Part One 00:02 Introduction 00:02 Introduction and Overview of Bubble Trouble 00:15 Reflecting on Past Episodes and Topics 00:41 Unpacking the Enron Scandal 01:23 Part One 01:25 Interview with Andy Fastow, Former CFO of Enron 08:33 Understanding the Role of Auditors and Attorneys 10:59 Exploring the Concept of Loopholes 13:46 The Reality of Operating in the Gray Area 25:46 The Distinction Between Different Types of Fraud 27:19 The Conflict of Interest in Financial Analysis 28:53 Part Two 28:53 Continuation of Conversation with Andy Fastow 30:43 Enron's Acquisition and Financing Strategy 31:14 The Use of Operating Leases in Enron 32:46 The Legal Hurdles and Creative Solutions 35:56 The Impact of Financial Innovation 38:11 The Dangers of Mark to Market Accounting 41:53 The Role of Incentives in Financial Reporting 46:56 The Case of Silicon Valley Bank 53:42 The Role of Analysts and Banks in Financial Misrepresentation 54:54 Closing Remarks and Preview of Part Two 55:31 Credits Hosted on Acast. See acast.com/privacy for more information. | |||
| The Downfall of Wirecard with Dan McCrum (Part One) | 26 Sep 2022 | 00:28:40 | |
This week we have the first of two episodes with Dan McCrum of the Financial Times about his investigative reporting into the massive fraud at the German financial firm Wirecard. Hosted on Acast. See acast.com/privacy for more information. | |||
| Summer Troubles, Autumn Bubbles | 19 Sep 2022 | 00:39:46 | |
As we're all back from our holidays this week is just Will and Richard trading postcards, anecdotes, and observations of what they've seen during our time away. Hosted on Acast. See acast.com/privacy for more information. | |||
| How Good is Goodwill? | 12 Sep 2022 | 00:22:14 | |
This week we get to the good, the bad and the ugly of "goodwill," how it's supposed to be used and how it can often be abused in bubble trouble. (Repeat) Hosted on Acast. See acast.com/privacy for more information. | |||
| Someone Else's Money | 05 Sep 2022 | 00:27:01 | |
This time we discuss the most important subject of them all: money. More importantly, someone else's money. We'll get to the basics. Where does money even come from? (Repeat) Hosted on Acast. See acast.com/privacy for more information. | |||
| Stenographers and Sycophants | 29 Aug 2022 | 00:26:35 | |
We talk about financial analysts and why it's sometimes more accurate to call them sycophants and stenographers, and how these analysts become cheerleaders of the companies they're supposed to cover. They praise as opposed to appraise. (Repeat) Hosted on Acast. See acast.com/privacy for more information. | |||
| Peak FOMO | 22 Aug 2022 | 00:29:36 | |
We're back to blowing bubbles, the original source of this inspirational podcast, and we deep dive into the force that's driving markets to record highs. Peak FOMO, fear of missing out. (Repeat) Hosted on Acast. See acast.com/privacy for more information. | |||
| Achieving Presence: More Meta-Troubles with Seth Gerson | 15 Aug 2022 | 00:44:09 | |
On this episode, we’re going to keep this deep dive on the metaverse going with another doer, not a thinker--a three-stripe veteran of the gaming industry whose career dates back to Sega in the early 90’s, Survios CEO Seth Gerson. We’d really appreciate if you could take just a few minutes to fill out our listener survey. Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information. | |||
| Newspaper Subscriptions Versus Music Subscriptions | 08 Aug 2022 | 00:46:59 | |
This week we talk about subscriptions, specifically how the subscription business model in newspapers struggles, while half a billion people are willing to pay subscription fees for music. We’d really appreciate if you could take just a few minutes to fill out our listener survey. Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information. | |||
| Metaverse Perceptions versus Reality | 01 Aug 2022 | 00:32:00 | |
This week we're gonna blow the halftime whistle on our travels into the metaverse on Bubble Trouble. Today Will quizes Richard: Is the metaverse the next big thing? Or are we back in bubble trouble? What's the perception and where's the reality. If Richard was at a casino sitting behind Zuckerberg, watching him put all his chips on metaverse, would Richard be leaning over and moving his arm in the same direction--or would he be thinking that this isn't gonna work out well? We’d really appreciate if you could take just a few minutes to fill out our listener survey. Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information. | |||
| Metaverse...Curb Your Enthusiasm with Eric Kress | 25 Jul 2022 | 00:36:26 | |
This week we continue to deconstruct the metaverse with our brilliant Eric Kress of Gossamer Consulting Group, an independent research boutique that provides investors and industry clients with primary research on console mobile and other related technology companies. We’d really appreciate if you could take just a few minutes to fill out our listener survey. Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information. | |||
| The Summer of Discontent | 22 Jul 2024 | 00:42:13 | |
This week, we freeform on two topics: summer music festivals and the stock markets. Will has identified a very interesting bubble this summer, which is the rapid cancellation of music festivals. Perhaps because supply got ahead of demand or perhaps because of extraneous factors, we wanna look into why so few people want to be standing out in their field or outstanding in their field. We're also gonna talk a little bit about the way in which random comments from politicians are roiling the stock markets. For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/ More on Will Page at: https://pivotaleconomics.com (Times below correspond to the episode without considering any inserted advertisements.) In this episode of Bubble Trouble, economist Will Page and independent analyst Richard Kramer discuss the rapid cancellation of music festivals amidst the backdrop of a post-pandemic economic squeeze and over-supply of events. They detail the impact on the live music ecosystem, examining how financial constraints and shifting consumer choices are reshaping the market. Additionally, they delve into how random political comments are affecting the stock markets, with a specific focus on a recent market wobble triggered by remarks from Donald Trump and the narrowing breadth of tech stock support. The episode links the volatility in both the live music industry and financial markets, providing a comprehensive analysis of the current economic landscape. 00:00 Introduction to Bubble Trouble 00:58 Part One 00:58 The Decline of Music Festivals 02:09 Supply and Demand in Live Music 04:14 Economic Factors Affecting Festivals 07:29 The Impact on the Music Ecosystem 08:38 Dynamic Pricing and Ticketing Issues 15:44 The Future of Live Music and Festivals 20:33 Part Two 21:10 Market Turmoil: What's Happening? 22:39 The Fragility of the Market 23:37 Political Impact on Markets 24:12 Investor Reactions and Strategies 29:56 Global Market Contagion 33:23 The Tech Sector's Wild Ride 34:40 Political Volatility and Market Uncertainty 41:44 Credits Hosted on Acast. See acast.com/privacy for more information. | |||
| The Metaverse and Virtual Experiences with AmazeVR's Ernest Lee | 18 Jul 2022 | 00:30:48 | |
We’re going to keep this deep dive on the Metaverse going with a doer, not a thinker - someone with skin in the game, bacon not eggs! AmazeVR had longer queues at SXSW than any live band and there’s a reason for that: they are the real deal. We have the founder and CEO Ernest Lee. We’d really appreciate if you could take just a few minutes to fill out our listener survey. Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information. | |||
| Hyper-competition in Advertising with Mike Follett | 11 Jul 2022 | 00:25:00 | |
On this episode, we're in conversation with our third special guest, the source of truth and the mad men and women of advertising, Mr. Mike Follett. The point where quantity goes up and quality goes down, we call that hyper competition, and certainly there's a lot of advertising competing for our time. (Repeat) We’d really appreciate if you could take just a few minutes to fill out our listener survey. Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information. | |||
| Meta-Troubles with guest Yoshio Osaki | 04 Jul 2022 | 00:34:05 | |
This week, and in coming weeks, the Bubble Trouble team will turn our attention to the phase dejour, the bait of all click baits, the mother of all bubbles--the Metaverse. We’re going to begin this deep dive at the beginning and invite Yoshio Osaki, founder of the respected IDG Consulting group. We’d really appreciate if you could take just a few minutes to fill out our listener survey. Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information. | |||
| This Year's Vanilla: Our Conversation with the FT's Brooke Masters Part Two | 28 Jun 2022 | 00:27:57 | |
We're back with more of our conversation with Brooke Masters, the Chief Business Commentator and Associate Editor of the Financial Times. (Repeat.) Hosted on Acast. See acast.com/privacy for more information. | |||
| Crypto's Collapse | 20 Jun 2022 | 00:38:37 | |
This week we salvage what's left of the crypto bubble and delve into the recent dollar devaluations of stable coins with our guest Kenny Estes, founder of Diffuse Digital. Hosted on Acast. See acast.com/privacy for more information. | |||
| The World is Full of Pyramids: Our Conversation with the FT's Brooke Masters Part One | 13 Jun 2022 | 00:20:14 | |
Today we have our first of two episodes featuring Brooke Masters, the Chief Business Commentator and Associate Editor of the Financial Times. (Repeat) Hosted on Acast. See acast.com/privacy for more information. | |||
| Dry Powder | 06 Jun 2022 | 00:29:05 | |
Today we will not be powdering your nose, but be sprinkling our conversation with a little dry powder. That's cash or marketable securities that look like it's low risk and highly liquid and convertible to cash, but needs to be put to work. Hosted on Acast. See acast.com/privacy for more information. | |||
| Shark Fins | 30 May 2022 | 00:29:29 | |
This week we're going to be jumping the shark. That is we're going to be looking at why tech companies and their success, their growth, their user numbers often resemble a shark fin: how they scale up really fast, then taper off then fall really, really fast in a straight line all the way down. (Repeat) Hosted on Acast. See acast.com/privacy for more information. | |||
| Buy. Borrow. Die. | 23 May 2022 | 00:34:29 | |
Today, we're treading deep in some chicken sh*t with Propublica investigative journalist Jesse Eisenger. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Muscles in Brussels | 16 May 2022 | 00:34:35 | |
Recently, in the most European city of Brussels, there was mingling with the finest folks in competition law and economics. They were all trying to figure out if, and how, tech should be regulated. Will and Richard discuss. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| AI Bubbles are Bursting with Andrew Orlowski | 15 Jul 2024 | 00:52:10 | |
Today we’ve got a guest who's been doing our job for decades. Andrew Orlowski is a writer who has followed the technology industry for two decades, so he’s see the hype cycle peak and trough many times. For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/ More on Will Page at: https://pivotaleconomics.com (Times below correspond to the episode without considering any inserted advertisements.) In this episode of Bubble Trouble, hosts Richard Kramer and Will Page are joined by veteran technology journalist Andrew Orlowski. They delve into the recurring market bubbles and dissect the relentless hype surrounding AI and machine learning. Orlowski discusses his track record in identifying technology bubbles and shares his skepticism about the transformative claims made about AI, comparing it to historical overhyped innovations like the metaverse and cryptocurrency. The discussion also touches on the implications of AI on productivity, labor markets, and the economy at large, highlighting the disconnect between policy elites’ expectations and real-world applications. Throughout, the panel emphasizes the broader societal impacts and the role of critical scrutiny in understanding technological advancements. 00:00 Introduction to Bubble Trouble 00:44 Part One 00:49 Meet Andrew Orlowski 01:43 The Origins of Bubble Trouble 02:06 Spotting Bubbles: Andrew's Track Record 02:39 Google's Market Manipulation 07:00 The AI Hype Cycle 12:08 AI's Economic Impact and Skepticism 19:10 The Future of AI and Technology 26:13 Debunking the Efficiency Myth in Tech Companies 26:39 The Role of AI in Financial Markets 28:10 AI Skepticism and the Hype Cycle 28:20 Part Two 29:02 The Future of Chatbots and Machine Learning 30:06 Public Skepticism vs. Elite Optimism 35:54 The Nature of Work and Productivity 42:13 The Middle Class Advantage in the Modern Workplace 45:40 The AI Bubble and Its Implications 49:01 Smoke Signals: Red Flags in the AI Industry 51:19 Conclusion and Final Thoughts 51:51 Credits Hosted on Acast. See acast.com/privacy for more information. | |||
| Analyst Notes, The Black Art of Price Targeting, and Twitter with guest Aman Verjee | 09 May 2022 | 00:47:10 | |
Today, we target those analysts notes that tell us what they think the price should be and how much faith we should put in that moving target. We have Aman Verjee who served as a VP of Paypal from 2002 to 2010 and was first to call out the price target fiasco behind Twitter's defense of Elon's hostile takeover. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Passing the Tech Ethics "Hot Potato" with Stephanie Hare | 02 May 2022 | 00:41:03 | |
Today we wrestle with ethics and technology. Stephanie Hare's wonderful new book. Technology Is Not Neutral, gives us a much needed framework for thinking about how the technologies we interact with every day affect our moral lives more. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| NFTs - They're Not For Me | 26 Apr 2022 | 00:36:20 | |
Every March music, film and tech converge on this blue liberal island of Austin in a red Republican sea of Texas for the South By Southwest conference. This week, we'll get Will Page’s impressions of the bubbles gathering around that island and what tsunami warning horns ought to be blaring when we talk about NFTs. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| When Two Plus Two Equals Two | 18 Apr 2022 | 00:25:55 | |
This week we explore the current craze in the mergers and acquisitions going on just now. And asking, do they actually create additional value? Or is it the case that two plus two does equal two? (Repeat) Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| The World Is Addicted to Easy Money with Chris Leonard | 11 Apr 2022 | 00:37:32 | |
We've made quantitative easing easy-ish to understand, now we need to infiltrate the institutions that do that easing: the central banks with the award-winning New York Times journalist and author of the aptly titled best-selling book, Lords of Easy Money, Christopher Leonard. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Finding Out What's Really Going On with guest Martin Peers | 04 Apr 2022 | 00:27:47 | |
A lot of financial journalism about companies and markets lives and dies based on access. But what are other ways of finding out what's really going on? Joining us this week is Martin Peers, Senior Writer for The Information. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Where Does Money Come From? with Michael McMahon | 28 Mar 2022 | 00:41:04 | |
Today we bring on the sexy topics of fractional reserve lending and quantitative easing with Michael McMahon from the Bank of England and Oxford University. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| History Doesn't Repeat Itself, but It Often Rhymes: with guest Kurt Andersen | 16 Mar 2022 | 00:31:46 | |
Joining us this week is writer Kurt Andersen discussing his books Fantasyland and Evil Geniuses. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Poor Standards | 07 Mar 2022 | 00:26:20 | |
This week we look into rating agencies and ask: Why were they invented? What is their purpose? Who pays their wages? (Repeat) Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Culture Eats Strategy For Breakfast | 02 Mar 2022 | 00:34:28 | |
With all the emphasis on hard metrics and financials, it's often easy to overlook the culture of companies and the role it plays in their success (or failure). Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| When Bubbles Become Clouds | 08 Jul 2024 | 00:56:51 | |
[Repeat from November, 2023.] For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/ More on Will Page at: https://pivotaleconomics.com (Times below correspond to the episode without considering any inserted advertisements.) In this engaging episode of Bubble Trouble, hosts Richard Kramer and Will Page welcome Liam Maxwell, former Chief Technology Officer for the British government and current AWS Senior Advisor, to delve into the transformative potential of the cloud. Together, they break down how cloud-based technologies are revolutionizing different sectors, from governments to private enterprises. Exploring clear cases such as the Ukrainian war situation or the everyday banking experience in Singapore, they highlight the impressive efficiency, flexibility, and speed offered by the cloud. The discussion also touches on the major productivity gains the cloud provides, the importance of building services centered on user needs, and how the digital economy is captured by government indices. 00:00 Introduction 01:14 Part One 01:32 Interview with Liam Maxwell 01:54 Liam's Journey in Tech and Government 02:25 The Impact of Cloud on Government Services 06:40 The Transition from Traditional IT to Cloud 15:25 The Role of AI in Cloud Adoption 19:24 The Ukraine War and the Role of Cloud 20:35 The Process of Moving Ukraine's Data to the Cloud 27:56 Reflections on the Impact of Cloud Technology 29:33 The Power of Decision Making in Amazon 30:26 Reflections on the UK Government's Test and Trace App 30:58 Part Two 31:27 The Impact of Cloud Technology on Productivity 32:01 The Economic Value of Cloud Technology 33:33 The Paradox of Technological Efficiency and Economic Growth 35:38 The Invisible Contributions of Transformative Technology 37:04 The Role of Cloud Technology in Government Services 39:00 The Challenges of Measuring the Impact of Tech Jobs 39:19 The Potential of Cloud Technology in Enhancing Public Services 51:57 The Impact of Tech Neologisms on Service Delivery 55:23 Closing Remarks and Reflections 56:25 Credits Hosted on Acast. See acast.com/privacy for more information. | |||
| SPACs Are This Year's Vanilla: Our Conversastion with the FT's Brooke Masters Part Two | 21 Feb 2022 | 00:27:57 | |
SPACs Are This Year's Vanilla: Our Conversation with the FT's Brooke Masters Part Two. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| The World is Full of Pyramids: Our Conversation with the FT's Brooke Masters Part One | 14 Feb 2022 | 00:20:14 | |
Today we have our first of two episodes featuring Brooke Masters, the Chief Business Commentator and Associate Editor of the Financial Times. Hosted on Acast. See acast.com/privacy for more information. | |||
| Paying Attention | 07 Feb 2022 | 00:30:20 | |
This week we look at the vague way in which various groups have measured the concept of time spent or tried to parcel out the attention economy. How do you really measure attention, and even better, how do you measure the quality of attention or time spent in this attention economy? (Repeat) Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| The Theranos Bubble | 31 Jan 2022 | 00:28:24 | |
Today we look back Elizabeth Holmes and Theranos. Was this a unique case of "faking it until you make it" or this what everyone in tech does? Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Smoking Out Signals in 2022 | 24 Jan 2022 | 00:32:52 | |
Today we're going to take a break from blowing bubbles and instead go smoking…and look at the smoke signals we should, and importantly, shouldn't be looking out for in 2022. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Is This The Next Housing Bubble? Daryl Fairweather on Hyper-competition in Housing | 17 Jan 2022 | 00:30:57 | |
We're back to blowing bubbles in the housing market with Daryl Fairweather, an acclaimed economist from Redfin, where we ask if the double-digit grow in housing prices indicates another bubble. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| FOFO: Fear of Finding Out--Hyper-competition in China with George Magnus | 03 Jan 2022 | 00:29:42 | |
We add a new acronym to our alphabet soup: FOFO--Fear of Finding Out, as we discuss hyper-competition in China with economist George Magnus. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Will's Favorite Episode of 2021: Andrew Savikas on Hyper-competition in the Book Industry | 27 Dec 2021 | 00:32:02 | |
For the last two episodes of the year, we’re looking back at favorite episodes for both Richard and Will. This week, Will’s favorite: their interview with Andrew Savikas on hyper competition in the book industry. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information. | |||
| Richard's Favorite Episode of 2021: The Charade of the Earnings Call | 20 Dec 2021 | 00:24:25 | |
For the last two episodes of the year, we’re looking back at favorite episodes for both Richard and Will. This week, Richard’s favorite: The Charade of the Earnings Call. Hosted on Acast. See acast.com/privacy for more information. | |||
| Peak FOMO | 10 Dec 2021 | 00:29:36 | |
We're back to blowing bubbles, the original source of this inspirational podcast, and we deep dive into the force that's driving markets to record highs. Peak FOMO, fear of missing out. Hosted on Acast. See acast.com/privacy for more information. | |||
| Calling Bubbles with Benedict Evans (Part Two) | 01 Jul 2024 | 00:47:46 | |
This week, part two of our continued conversation with Benedict Evans, an analyst with over 175,000 avid readers for his tech blog. For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/ More on Will Page at: https://pivotaleconomics.com (Times below correspond to the episode without considering any inserted advertisements.) In this episode of Bubble Trouble, hosts Richard Kramer and Will Page delve into the intricacies of technology bubbles with special guest Benedict Evans. The discussion revolves around AI advancements, particularly focusing on Apple's recent integrations of AI models, the differentiation between small and large models, and the implications for email summarization and other features. They explore the economic and strategic decisions behind Apple's use of AI, the potential for various large language models (LLMs) to disrupt industries like legal tech, and the broader market dynamics and antitrust considerations. The conversation also touches on the challenges and opportunities presented by these technological advancements, emphasizing the importance of careful analysis and skepticism in the face of rapid innovation. 00:03 Introduction 00:29 Part One 00:29 AI and Apple's New Developments 01:53 Apple's AI Integration and Market Dynamics 04:20 The Evolution of AI Models and Market Impact 12:29 Antitrust and Market Strategies 17:34 Cloud Computing and Business Models 24:49 The Future of Cloud Machine Learning Providers 25:36 Marginal Costs in Consumer Internet Companies 26:16 Generative AI and Cost Efficiency 28:14 Part Two 28:14 Legal Tech and Large Language Models 30:05 Challenges in Selling Software to Law Firms 31:08 Error Rates and AI Hallucinations 34:36 Practical Use Cases for AI in Legal Scenarios 36:27 Evaluating AI's Potential and Limitations 41:05 Recognizing Tech Bubbles and Market Hype 44:59 Concluding Thoughts on AI and Market Trends 47:27 Credits Hosted on Acast. See acast.com/privacy for more information. | |||
| Themes and Dreams | 29 Nov 2021 | 00:32:17 | |
This time we look at the themes and dreams that markets put out there to attract the investor's dollar. If it's too good to be true, are we in dreamland? (Repeat) Hosted on Acast. See acast.com/privacy for more information. | |||
| Seth Wunder on Hyper competition in the Hedge Fund World | 22 Nov 2021 | 00:24:18 | |
On this episode, we discuss hyper-competition in the hedge fund world with Seth Wunder. Hosted on Acast. See acast.com/privacy for more information. | |||
| Joe Kessler on Hyper-competition in Talent | 15 Nov 2021 | 00:29:11 | |
In this episode, we're in conversation with our fifth special guest, Joe Kessler of UTA IQ, discussing hyper-competition for that scarcest of commodities--talent. Hosted on Acast. See acast.com/privacy for more information. | |||