Everybody Thinks AI Is a Bubble. What If They’re Wrong?

Well, that escalated quickly. Let's review, shall we? In January, Elon Musk started buying a bunch of Twitter stock. In February, he kept buying. In March, he owned about 5 percent of the company. In April, he offered to buy Twitter for $44 billion. In May, he tweeted a poop emoji. In June, his net worth crashed. In July, he tried to back out of the deal—and Twitter countersued. It seems very clear from the company's lawsuit that Twitter is prepared to take this all the way, possibly to even force Musk to acquire the company against his will. Big picture, Twitter is in an incredibly strange position. The company's lawsuit portrays Musk as if he's a wayward, flighty, bad-faith grown toddler. But Twitter is also is trying to force this very same wayward, flighty, bad-faith grown toddler to be the proud owner of Twitter. “You’re a jerk, and I hate you, now marry me!" is a weird message to send, even if it makes sense for the Twitter board to pursue this strategy, within the logic of shareholder capitalism. So, who's got the best argument? How will this thing end? Today's guest is Boston College Law School professor Brian Quinn. We do a deep dive into the documents of interest here—what Musk is saying, what Twitter is saying, and who’s got the strongest case. Host: Derek Thompson Guest: Brian Quinn Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

14 Heinä 202241min

Will Netflix be the king of streaming in five years? What's the biggest threat to dethrone it: Apple, Disney, or HBO? Are movie theaters back for real? How has the pandemic changed the film industry? Is TikTok the biggest arch-villain in entertainment? Where do hits come from? What is the metaverse, and will I like living in it? Derek has a lot of questions. His guests—Bloomberg entertainment reporter Lucas Shaw, and author of 'THE METAVERSE' Matthew Ball—have many answers. Host: Derek Thompson Guests: Lucas Shaw and Matthew Ball Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

12 Heinä 20221h 12min

Derek has so many thoughts on Elon Musk's bizarre attempted breakup with Twitter—and what comes next—that he has to enumerate them. In this episode, he goes through five reasons Elon is trying to wriggle out of this deal and three ways this saga will end. Host: Derek Thompson Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Heinä 202217min

The question everybody's asking on cable news right now is whether we're in a recession. I think there's an even more important question to ask: Are we at peak inflation? If inflation U-turns, it means the Fed won’t have to keep jacking up interest rates, won’t have to keep destroying demand, and won’t have to indefinitely pump the U.S. economy with tranquilizing drugs to break the fever. I believe peak inflation is right here, right now. In retail, Target and Gap are slashing prices on inventory. In the car market, used car sales are falling. In electronics, the microchip shortage looks like it’s easing. In international shipping, freight rates across the Pacific are declining. And most importantly, the price of oil, metals, wheat, and corn are all falling. Oil prices are falling really, really fast—and that tends to mean that gas prices will follow. Today’s guest is Noah Smith, the economic writer and author of the newsletter Noahpinion. We talk about the great disinflation, where it’s happening, why it’s happening, what it means for the future of the U.S. economy and politics. This episode was in high demand in our mailbox. And as always, keep it coming. Send your feedback and episode ideas to PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Noah Smith Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

8 Heinä 202232min

Today’s episode is about the story of the moment—gun violence. There’s been a surge of violent shootings, mass shootings, and gun-related murders in the last few years. Today, Derek investigates a mystery behind this surge of violence: Why are the police so bad at solving murders? According to FBI statistics, in the 1960s nearly 100 percent of all murders were "cleared" by police, typically by arrest. In 2020, the clearance rate hit an all-time low of nearly 50 percent. Today, half of the murders in the United States go unsolved. Why? Today’s guest is Jeff Asher, a crime analyst, writer, and cofounder of AH Datalytics, which analyzes data for local government agencies like police departments. We talk about seven possible explanations for this alarming trend before settling on one particular explanation that's probably the most important. Host: Derek Thompson Guest: Jeff Asher Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Heinä 202247min

In last week's instant reaction pod, Derek said he thought abortion pills were one of the most fascinating and important aspects of the end of the era of Roe. In this episode, he goes deeper into how this new technology could change the abortion debate and national politics. Abortion pills that weren't in use 50 years ago are popular, common, safe, hard to track, and legal in more than half the country. Dozens of conservative states are moving to outlaw most abortions, including medication abortions, but banning pills is going to be very tricky. After all, it’s one thing to shut down a clinic with one address. Banning a pill that you can order online? Banning a pill that goes in the mail? That is much harder. And the lengths to which states might have to go to surveil packages—or to spy on women’s digital activities in order to track down pill buyers—will be invasions of privacy that make a lot of Americans uncomfortable, even those who want to reduce legal abortions. This is the next battleground of the abortion culture war: the pills war. Today’s return guest is Margot Sanger-Katz of the New York Times. Margot explains the basics of abortion pills, and how they’ll change the abortion debate forever. Host: Derek Thompson Guest: Margot Sanger-Katz Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

1 Heinä 202237min

I feel like the theme of this podcast recently has been that everything is going off the rails: the Supreme Court, inflation, oil prices, air travel snafus. Take the economy, for example. My theory for the past few months has been that the odds of a recession are nervously high. But when I start feeling myself become a bit ideological, it’s always worth asking: What if I’m wrong? So what I want to execute in this episode is a bit of a zag. Today's guest, Conor Sen, an economic columnist for Bloomberg, explains why he thinks this economy isn't nearly as troubled as the headlines suggest. Host: Derek Thompson Guest: Conor Sen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

28 Kesä 202237min

We react to the landmark Supreme Court decision and explain how it could affect the future of the court, national politics, fertility and family planning, state law, corporate policy, and more. To further explain the implications of this decision we re-air an interview we did seven weeks ago with Margot Sanger-Katz when news of the Supreme Court leak first broke. Host: Derek Thompson Guest: Margot Sanger-Katz Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

24 Kesä 202242min