Podcasts about Economics

In this podcast episode, Dr. Jonathan H. Westover talks with Nicole Alvino about the role of communication in employee experience, and how intelligent communication can be used to boost employee engagement and connection. Nicole Alvino (https://www.linkedin.com/in/nicolealvino/) is a visionary entrepreneur and CEO with a passion for transforming the employee experience. As the Founder and Chief Executive Officer of Firstup, a leading enterprise SaaS company, Nicole is responsible for driving innovation and growth in employee experience, engagement and communications. She believes that investing in employees is key to building high performance cultures that improve the top and bottom lines of any business, and is proud to call 50 of the World's Most Admired Companies customers. Nicole's commitment to leader transparency and employee experience began after her first job at Enron, was the foundation of how she built and led the first company she founded, Dermalounge, and continues in her work at Firstup. With a focus on leveraging technology to empower employees and improve business outcomes, she works closely with leaders of some of the world's largest companies to ensure that their workforces are more aligned and agile. She is a vocal advocate for the importance of investing in an incredible employee experience and regularly contributes to publications such as Entrepreneur, Forbes, and Fast Company. Nicole holds a B.A. in Economics from Vanderbilt University and an MBA from Stanford Graduate School of Business. She is a leader in her field and an inspiration to other women entrepreneurs. She lives in Seattle with her husband and three sons. Check out all of the podcasts in the HCI Podcast Network!

We need to talk about the impact of the childcare crisis on the workforce! Some people may wonder why this topic matters beyond its impact on families of young children. The truth is, this issue has wide-reaching ramifications for the nation's economy as a whole, and that deserves our attention whether we have children or not. In this episode, I share what the research and statistics reveal about the direct link between the exorbitant price of childcare and the labor shortage that's crunching companies across the U.S. Let's break down why this is a problem everyone should care about:The disproportionate impact of childcare costs on different demographics;The broader ramifications on the economy as a whole;What organizations can do to start making a difference.Related Links:Episode 424, The Jobs of America's Next Silicon Valley https://www.bossedup.org/podcast/episode424Episode 434, The Economic Imperative of Affordable Childcare - https://www.bossedup.org/podcast/episode434EPIC- Executives Partnering To Invest In Children - https://www.coloradoepic.org/Episode 463, a Different Approach to My Second Maternity Leave - https://www.bossedup.org/podcast/episode463Episode 479, America's Parents Are Not Okay - https://www.bossedup.org/podcast/episode479Child Care and Development Fund (CCDF) Program - https://www.federalregister.gov/documents/2016/09/30/2016-22986/child-care-and-development-fund-ccdf-programHow Much Childcare Costs by State in the USA in 2024 - https://illumine.app/blog/how-much-childcare-costs-by-state-in-usa/Economic Data Underscores the Need for Significant, Sustained Investment in Child Care and Early Learning - https://www.ffyf.org/resources/2021/12/latest-economic-data-underscores-the-need-for-significant-sustained-investment-in-child-care-and-early-learning/Over Half of Families are Spending More Than 20% of Income on Child Care - https://www.ffyf.org/resources/2022/06/over-half-of-families-are-spending-more-than-20--on-child-care/How Child Care Disruptions Hurt Parents of Color Most - https://www.americanprogress.org/article/child-care-disruptions-hurt-parents-color/U.S. Child Care Crisis Is Holding Back The Workforce - https://www.forbes.com/sites/mariaflynn/2023/11/02/us-child-care-crisis-is-holding-back-the-workforce/U.S. Bureau of Labor Statistics showing the labor force that is “Employed - With a job, not at work, Childcare problems” - https://data.bls.gov/timeseries/LNU02096055$122 Billion: The Growing, Annual Cost of the Infant-Toddler Child Care Crisis - https://strongnation.s3.amazonaws.com/documents/1598/05d917e2-9618-4648-a0ee-1b35d17e2a4d.pdf?1674854626&inline;%20filename=%22$122%20Billion:%20The%20Growing,%20Annual%20Cost%20of%20the%20Infant-Toddler%20Child%20Care%20Crisis.pdf%22UPS Expands Emergency Day Care After Pilot Program Cuts Turnover - https://www.hrdive.com/news/ups-emergency-day-care-pilot-program-cut-turnover/697205/Atlanta Mayor Andre Dickens Joins UPS CEO Carol B. Tomé at the 2023 UPS Impact Summit - https://about.ups.com/us/en/newsroom/press-releases/our-strategy/2023-ups-impact-summit.htmlTAKE ACTION with Bossed Up - https://www.bossedup.org/takeactionBossed Up Courage Community - https://www.facebook.com/groups/927776673968737/Bossed Up LinkedIn Group - https://www.linkedin.com/groups/7071888/

Andrew Henderson the Nomad Capitalist interviews Saifedean to discuss economic freedom and mobility and how bitcoin helps you live the life you want.Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean's four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!The Saif House - High quality cloth hardcover bitcoin books by Saifedean & more delivered worldwide, with 10% off for paying in bitcoin - TheSaifHouse.com

Last week we talked about the GDP and growth and that was fun. But, this week, we're taking things a bit further by talking about monopoly capitalism, monopsony, and the financialization of capitalism. If you want to learn more about finance then look no further: https://monthlyreview.org/2010/10/01/the-financialization-of-accumulation/https://monthlyreview.org/2010/10/01/the-great-financial-crisis-three-years-on/Intro Music by Amaryah Armstrong Outro music by theillogicalspoon https://theillalogicalspoon.bandcamp.com/track/hoods-up-the-low-down-technified-bluesSupport The Magnificast on Patreon http://patreon.com/themagnificast Get Magnificast Merch https://www.redbubble.com/people/themagnificast/ 

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Paul Dashevsky. America's leading provider of resources for building Granny Flats, Guest Suites, Tiny Houses, and other ADUs. Today's Tiny Homes to Live in for Adults provide a stylish, fully furnished capsule house experience. Designed with comfort in mind, it’s perfect for anyone seeking a modern, compact home. Serial entrepreneur, real estate investor and angel investor Paul Dashevsky is Co-Founder/Co-CEO of Maxable.com – the ADU property design / build / construction resource website – and also Greenbuildz.com, a resource to find highly vetted residential/home contractors for real estate remodeling and other property improvement projects. Dashevsky has several decades of experience in the construction and renovation business. Having personally built and renovated over 350 homes, he encountered the frustrations that arise when contractors fail to meet expectations. Paul’s determination to find a solution to this major pain point inspired him to start GreatBuildz. Paul holds a B.A. in Economics from UCLA and a Masters in Real Estate Development from USC. #BEST #STRAW #SHMS See omnystudio.com/listener for privacy information.

Rick has been a Nevadan since July, 2002 when he moved to Las Vegas to attend Graduate School at UNLV for a Masters Degree in Economics. His undergraduate degree is in Finance & Real Estate from California State University Northridge.Rick became licensed to practice Real Estate in 2002 and during his career, Rick has brokered over 1,200 Real Estate Transactions which include several hundred Foreclosures & Short Sales. Rick is also a Licensed Property Manager and assists clients in assembling & managing rental portfolios.Rick has been among the Top 1% of Realtors in Southern Nevada since 2013 and his service record speaks for itself, as described in the Testimonials listed in the Zillow reviews. Rick holds an SFR Certification to assist clients with distressed properties via short sale. Rick and his support staff will make sure that someone is on call to assist you around the clock.Personally, Rick is a proud father of three children and very active in his community in various ways including coaching sports and as a wish-granter with the Make-A-Wish Foundation. In his spare time Rick likes to be active in his church, do yoga, run outdoors and loves to travel. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Throughout the years, there were many attempts of tapping into Bitcoin's liquidity and security, but almost all of them came with different caveats. Most notably, wrapped BTC (wBTC) depended on the wrapper contract security. However, the recent surge in research and development for native solutions has led to breakthroughs previously thought impossible. Babylon launched native BTC staking and plans to further expand this to secure other blockchains, in a model similar to that of mesh security. This would not only help secure other networks, but it would also unlock liquidity from the mother chain through liquid staking derivatives.Topics covered in this episode:David's backgroundThe evolution of BabylonThe Bitcoin RenaissanceTechnical challenges of implementing Bitcoin stakingThe OP_CAT upgradeBabylon's Bitcoin staking & Bitcoin-secured networksBridging liquidity & LSTsSecuring multiple chains and slashingBabylon chain - aggregating Bitcoin-secured networksCould Bitcoin become a POS chain?Babylon upgradeabilityEpisode links:David Tse on XBabylon on XSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.oneThis episode is hosted by Brian Fabian Crain & Sebastien Couture.

In this episode, the Apke Brothers, Daniel and Ron, dive into selecting the perfect market for subdividing land—a strategy that's skyrocketing in popularity for land investors in 2025. They explain how focusing on subdivide deals can allow you to scale back on the number of deals you do each year while still earning massive returns. With just 2-3 well-chosen subdivide projects, it's possible to make $600k–$800k annually. From understanding county regulations to analyzing demand for specific acreage sizes, they share the essential factors to consider when choosing a market. Learn how to determine if a subdivide deal makes sense, what to look for in your local market, and why data analysis (like road frontage and land usability) is key. The brothers also discuss the importance of having a solid sales and marketing plan to ensure success. Whether you're working remotely or prefer boots-on-the-ground strategies, this episode will give you the insights needed to crush your next big land project! ================================  WANT TO GET STARTED? ⁠⁠https://landinvestingonline.com/starter-guide-phone/⁠⁠ ================================ SOCIAL Ron's Instagram

In this episode we are joined by Professors Chad Sparber and Rishi Sharma to talk about the H-1B Visa program in the United States. Sparber and Sharma recently co-authored an op-ed for the Washington Post that offers an alternative option for how the visas are currently awarded. Chad Sparber is the W. Bradford Wiley Chair in International Economics; Professor of Economics and the Director of the Lampert Institute. Rishi Sharma is an Associate Professor of Economics.

Can Musk use DOGE to reduce the size and power of the bureaucracy and big government? Michael Munger of Duke University thinks not, but EconTalk's Russ Roberts isn't so sure. Listen as they discuss the risks of empowering bureaucrats to rein in other bureaucrats and whether change can really happen given the power of the political forces operating below the surface.

A watercolor of a harbor? A black-and-white photo of a pile of rocks? Some hotels are trying to do better. Zachary Crockett unpacks. SOURCES:Melanie Kettring, director of studio design at Best Western Hotels.Jessica Poundstone, visual artist. Gavi Wolf, founder and C.E.O. of Indiewalls. RESOURCES:Indiewalls.Best Western. EXTRAS:"Used Hotel Soaps," by The Economics of Everyday Things (2023)."The Hidden Side of the Art Market," series by Freakonomics Radio (2021).

A single memo launched a strategy to control media, courts, and public opinion, reshaping American democracy. To reclaim it, Democrats must build a powerful media and policy network.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode of Good Morning Liberty, hosts Nate Thurston and Charles Chuck Thompson discuss various pressing topics, including the impact of Federal Reserve policies on purchasing power, California's ongoing wildfire crisis, and Governor Gavin Newsom's response. They also delve into the issues of price gouging during emergencies, skewed market dynamics, and government overreach. Additionally, the conversation shifts to the pressures social media companies faced, specifically Facebook, from government agencies to censor content, with insights from recent interviews with Mark Zuckerberg. The episode concludes with remarks on Thomas Massie's principled stance and the potential for future political changes. (02:21) California Wildfires Update (04:42) Price Gouging and Economics (09:01) Gavin Newsom's Response to Wildfires (14:58) Conspiracy Theories and Rebuilding Plans (20:11) Ukraine's Assistance in California (24:05) Diversity in Fire Departments (27:08) Mark Zuckerberg and Congressional Hearings (28:29) Meta's Controversial Policies and Public Backlash (30:02) Government Pressure and Social Media Censorship (41:46) Hunter Biden Laptop Controversy (46:27) Reflections on Government Influence and Social Media (53:59) Happy Birthday, Congressman Thomas Massie   Links:   https://gml.bio.link/   Watch GML  on Youtube:   https://bit.ly/3UwsRiv   Check out Martens Minute!   https://martensminute.podbean.com/   Follow Josh Martens on X:   https://twitter.com/joshmartens13   Join the private discord & chat during the show!   joingml.com   Bank on Yourself bankonyourself.com/gml   Get FACTOR Today! FACTORMEALS.com/gml50   Good Morning Liberty is sponsored by BetterHelp! Rediscover your curiosity today by visiting Betterhelp.com/GML (Get 10% off your first month)     Protect your privacy and unlock the full potential of your streaming services with ExpressVPN. Get 3 more months absolutely FREE by using our link EXPRESSVPN.com/GML  

David Bahnsen is a Wall Street veteran and currently is the managing director of The Bahnsen Group. In David's first appearance on the podcast, he talks through multiple questions about the incoming Trump Administration, the problem with the growing indebtedness of the US government, shifts in the Republican party, the notion of financialization of the US economy, and much more. Check out the transcript for this week's episode, now with links. Follow David Beckworth on X: @DavidBeckworth Follow David Bahnsen on X: @DavidBahnsen Follow the show on X: @Macro_Musings Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server! Join the Macro Musings mailing list! Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps: (00:00:00) – Intro (00:01:50) – David Bahnsen's Career Path (00:04:39) – Shifts in the Republican Party (00:12:20) – Trump Administration 2.0 and Growth, the Fed, and the Financial Sector? (00:33:38) – Financialization and Missed Boats (00:54:02) – Outro

Roundup of the Week's Top News in Economics and Freedom- Jan 6 and American Authoritarianism- Yellen's $10 trillion debt wall- Justin Trudeau's Done- The Easy Way for DOGE to cut a trillion- Gen Z hits “Midlife Crisis”Read the full article “Gen Z hits “Midlife Crisis” at https://www.profstonge.com/Visit our Lead Sponsor: UnchainedKeep your Bitcoin safe and minimize your taxes. Open a Bitcoin IRA and get the first year free!Visit our Sponsor: Monetary MetalsEarn 5% to 12% interest on your physical gold and silver, paid in physical gold and silver.Visit our Sponsor: Oshi LoyaltyEarn Bitcoin when you shop or Implement Bitcoin rewards at your business to drive growth and loyaltyDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show

Timestamps to Know · 00:32 – Intro · 03:35 – Encouragements as We Look Forward to 2025 · 07:23 – Why is the Question of Humanity Historically Important? · 12:20 – Why Should Congregants or Laypersons Study the Doctrine of Humanity? · 17:31 – How Did the Change to an Enlightenment Epistemology Effect the Doctrine of Humanity? · 23:10 – A Mirrored Reality That is Lost · 30:00 – How Is This Piece Helpful in How Dr. Van Relates This to Economics? · 34:44 – Man Creating God · 43:03 –Do Other Systematic Theologies Address Our Modern Anthropological Problems? · 45:25 – Denying Politics Denies the Doctrine of Man · 54:15 – How Does the Doctrine of Humanity Help Us Preach the Gospel? ·  1:00:18 - Outro   Resources to Click ·“The Need for Theological Anthropology” – Stephen J. Wellum · “The Extinction of Experience: Christine Rosen on the Impact of Technology on Society” – Uncommon Knowledge · “The Embodied Person: Why I Am My Body, Not Just My Soul” – Gregg Allison · “Going Deeper” – Daniel Strange · “Can You Understand a Kangaroo Without a Bible? Why I Hold to a Revelational Epistemology” – Pierce Taylor Hibbs · “Abortion Statistics 1973-2019” · “Majority of Americans Remain Supportive of Euthanasia” – Jade Wood and Justin McCarthy ·  “Why They Kill Their Newborns” – Steven Pinker · “WEF Mastermind: ‘Human Rights are Fiction, Just Like God' – Frank Bergman · Theme of the Month: The Image of God in Scripture and Society · Give to Support the Work   Books to Read · The Extinction of Experience: Being Human in a Disembodied World – Christine Rosen · The Abolition of Man – C.S. Lewis · “Human Being, Individual and Social” by Kevin J. Vanhoozer in The Cambridge Companion to Christian Doctrine –  ed. Colin E. Gunton · An Essay on Man: The 18th Century Enlightenment Classic – Alexander Pope · The Message in the Bottle -  Walker Percy · The Human Body Shop – Andrew Kimbrell ·  The Wedge of Truth: Splitting the Foundations of Naturalism – Phillip E. Johnson · False Flag: Why Queer Politics Mean the End of America – Joy Pullman · Losing Our Virtue: Why the Church Must Recover Its Moral Vision – David F. Wells ·“Losing Our Religion: The Impact of Secularisation on the Understanding of Sin” in Ruined Sinners to Reclaim – ed. David Gibson · The Intolerance of Tolerance – D.A. Carson · A Critique of Pure Tolerance – Robert Paul Wolff · “Sin's Contemporary Significance,” by D.A. Carson in Fallen: A Theology of Sin – ed. Christopher W. Morgan and Robert A. Peterson · Idols for Destruction: The Conflict of Christian Faith in American Culture – Herbert Schlossberg · How Should We Then Live?: The Rise and Decline of Western Thought and Culture – Franciss A. Schaeffer ·Homo Deus: A Brief History of Tomorrow – Yuval Noah Harari · The Institutes of the Christian Religion – John Calvin · Our Civilizational Moment: The Waning of the West and the War of the Worlds – Os Guinness

A sermon for Epiphany from Pastor Jon Odom, reflecting on Matthew 6:1-4.

What more can be learned about a topic like the origins of economic growth that has been covered so extensively? When pulling back and looking at all the connected threads, is there an order in which things must happen to spark the change?Mark Koyama is a Professor of Economics at George Mason University, Research Associate at the Centre for Economic and Policy Research (CEPR), and Mercatus Center, Senior Scholar. He is also the co-author of two books, How the World Became Rich: The Historical Origins of Economic Growth and Persecution and Toleration: The Long Road to Religious Freedom.Greg and Mark discuss the recurring interest in the origins of economic growth and the Industrial Revolution. Mark lays out the various theories and factors that have shaped economic development across different regions and historical periods, such as geography, demography, culture, institutions, and political conditions. Greg asks why some regions like Europe succeeded in industrialization while others did not, and the role of colonialism in shaping global economic dynamics. Mark also offers insights into the ongoing relevance of economic history in understanding contemporary growth and innovation.*unSILOed Podcast is produced by University FM.*Show Links:Recommended Resources:Walt RostowDaron AcemogluDemographyMalthusianismReformed ChristianityDouglass NorthMughal EmpirePaul A. DavidGuest Profile:Faculty Profile at George Mason UniversityMercatus Center ProfileSocial Profile on XHis Work:Amazon Author PageHow the World Became Rich: The Historical Origins of Economic GrowthPersecution and Toleration: The Long Road to Religious FreedomNewsletter | MarkKoyama.comGoogle Scholar PageEpisode Quotes:The overlooked challenge of sustaining economic growth04:45: Once you think about growth, it's hard to think about anything else. It's a question, I think, both for rich countries, which are stagnating. So, I mean, for the US in my view, but if you think about Germany or the UK, these are pretty stagnant economies right now. And so I think these are, you know, it's not just a "Oh, we've had this revolution. Now we can sit on this, wealth gradient.." No, this is an ongoing problem, and I think policymakers in most countries have totally neglected issues of growth. They've focused on all these other issues, which we think are important, and we might say we care about growth, but we really don't act like it. And, similarly, there's a need in developing countries, obviously, to sustain growth. Both the poorest countries in the world, but also middle-income countries, which can stagnate and fall into what's called a middle-income trap.Geography's impact on economic hubs13:55: Geography still has this massive role, basically, even today, in the where, like the location, which locations are going to be economic hubs. But obviously, you can't explain the why, so it's going to be insufficient on its own, but it could be interacting with other factors.On markets and creative destruction42:06: You need markets, which are flexible and adaptable, so they can be disrupted by new technologies and entrepreneurs. Other people will have a more statist perspective. They'll think that you need, maybe, the state to do more on basic science, right? Maybe more even on actual innovation to support this. But I tend to think that you need these market institutions, basically, and they need to be sufficiently vibrant.

The dollar index soars to its highest level since late 2022, prompting the PBOC to ramp up efforts in a bid to protect the yuan. Chinese trade data for December beats expectations. Asian equities start the week slowly following Friday's negative session on Wall Street and the strong December U.S. jobs print. In energy news, Brent rallies to top $81 per barrel on the back of new U.S. sanctions on Russian crude – its highest level for four months. And in Los Angeles, residents are braced for strong Santa Ana winds to return as the death toll from last week's wildfires rises to 24. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Exploring Philosophy, Politics, and Economics with David Pharr In this episode of The Rational Egoist, Michael Liebowitz sits down with David Pharr, a young thinker with a keen interest in philosophy, politics, and economics. Together, they explore the intersections of these disciplines, discussing how philosophical principles inform political and economic systems. David shares his unique perspectives on current events and the ideas shaping our world. This engaging conversation offers fresh insights into the power of intellectual curiosity and the importance of critical thinking. Michael Leibowitz, host of The Rational Egoist podcast, is a philosopher and political activist who draws inspiration from Ayn Rand's philosophy, advocating for reason, rational self-interest, and individualism. His journey from a 25-year prison sentence to a prominent voice in the libertarian and Objectivist communities highlights the transformative impact of embracing these principles. Leibowitz actively participates in political debates and produces content aimed at promoting individual rights and freedoms. He is the co-author of “Down the Rabbit Hole: How the Culture of Correction Encourages Crime” and “View from a Cage: From Convict to Crusader for Liberty,” which explore societal issues and his personal evolution through Rand's teachings. Explore his work and journey further through his books: “Down the Rabbit Hole”: https://www.amazon.com.au/Down-Rabbit-Hole-Corrections-Encourages/dp/197448064X “View from a Cage”: https://books2read.com/u/4jN6xj join our Ayn Rand Adelaide Meetups here for some seriously social discussions on Freedom https://www.meetup.com/adelaide-ayn-rand-meetup/

Hold on, let me overthink this for about three hours and I'll get back to you...Sound all too familiar? It's time to break out of this loop and live in the present, without nagging worries always in your brain.Make sure YOU are in control, not your wild and chaotic thoughts and emotions.Here's the thing -we can control our thought. We can curb overthinking. It's just a matter of having the tools. That's what WAIT! I Need to Overthink! is about. This book understands your internal narrative, and how easily it can be to be stuck in your negative spirals. It offers empathy, and then a plethora of methods and coping sklils to pull you out of the darkness.Overthinking, anxiety, and endless rumination are serious problems. This book has serious solutions for you.Nick Trenton grew up in rural Illinois and is quite literally a farm boy. His best friend growing up was his trusty companion Leonard the dachshund. RIP Leonard. Eventually, he made it off the farm and obtained a BS in Economics, followed by an MA in Behavioral Psychology.The author of this book understand that you can't sleep at night, you overreact, and you appear to be sensitive. That you are plagued with self-doubt, you often feel no self-value, and that things are just too hard for "someone like you." He's been there, and he gets it.This book takes you on a journey through the generation of negative thoughts, how they form, and where they come from.- How emotions are super helpful data, but not reality.- Understanding how false positives are generated in your prehistoric brain.- How to transform yourself into an observer of emotion, not stuck in the middle of it.- "Helpful thinking" and why it's just so darned helpful and effective.- How assumptions and expectations are a huge cause for your unhappiness.- How to pull reality into any situation, and objectively experience.https://www.audible.com/pd/B0D4MW42PH/?source_code=AUDFPWS0223189MWU-BK-ACX0-399697&ref=acx_bty_BK_ACX0_399697_pd_us#AnamariaNinoMurcia #Anxiety #BetterThoughts #DrJeffreyMSchwartz #DrGreenberg #DrSchwartz #FindClarity #Freewriting #JeremyAdams #Nonrumination #OvercomingYourMonsterFear #PsychologistAlbertEllis #Rumination #SusanDavid #RussellNewton #NewtonMG #Overthinking:HowToBreakFreeAndFindClarity #NickTrenton #ThePathtoCalmAnamaria NinoMurcia,Anxiety,Better Thoughts,Dr Jeffrey M Schwartz,Dr Greenberg,Dr Schwartz,Find Clarity,Freewriting,Jeremy Adams,Nonrumination,Overcoming Your Monster Fear,Psychologist Albert Ellis,Rumination,Susan David,Russell Newton,NewtonMG,Overthinking: How To Break Free And Find Clarity,Nick Trenton,The Path to Calm

The GOP relies on lies, because what they are really selling is making the rich richer. This is why the right wing always opposes fact checking and even real news that deals in facts at all.Plus- Thom reads from "The Big Cheat: How Donald Trump Fleeced America and Enriched Himself and His Family" by David Cay Johnston.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Donald Chew discusses the evolution of corporate finance, emphasizing the shift from old-fashioned corporate finance, which focused on steady earnings growth, to modern corporate finance, which aims for high returns on capital. He highlights the decline of conglomerates in the 1970s and the rise of private equity. Despite criticism, Chew argues that modern corporate finance has been a success story, citing the doubling of U.S. public company market capitalization in the 1980s and the significant correlation of R&D and selling, general and administrative expenses (SG&A) expenses with corporate value. He also addresses the financial crisis, arguing it was due to mispriced mortgages and government policies, not market inefficiencies.  Donald Chew is the founding editor of the Journal of Applied Corporate Finance, and joins show host Gene Tunny to discuss his latest book, The Making of Modern Corporate Finance, published by Columbia University Press.If you have any questions, comments, or suggestions for Gene, please email him at contact@economicsexplored.com.About this episode's guest: Donald ChewDon Chew is the founding editor and Editor-in-Chief of the Journal of Applied Corporate Finance (JACF), a publication he started almost 30 years ago. He has published over ten books on corporate finance, including The New Corporate Finance: Where Theory Meets Practice and The Revolution in Corporate Finance (with Joel Stern), which are both widely used in business schools throughout the United States and Europe. Don has both a Ph.D. in English and an MBA in finance from the University of Rochester.Timestamps for EP270Introduction (0:00)The Decline of Conglomerates and the Rise of Modern Corporate Finance (5:58)The Role of Private Equity and Corporate Governance (14:25)The Impact of Modern Corporate Finance on Corporate Value (15:03)The Future of Corporate Finance and Productivity Measurement (16:37)The Role of Corporate Finance in Economic Growth (19:27)The Critique of Modern Corporate Finance and Corporate Social Responsibility (27:26)The Financial Crisis and the Role of Government Policy (35:40)The Future of Corporate Finance and the Role of Private Equity (43:21)TakeawaysModern Corporate Finance Principles: The shift from prioritizing steady earnings growth to maximizing long-term firm value has reshaped corporate strategies globally.The Importance of R&D: Increases in R&D and SG&A spending are now critical indicators of corporate value and long-term success, according to Don Chew.Private Equity's Role: Private equity has transformed underperforming companies, streamlining operations and reallocating capital for growth.The Evolution of Corporate Governance: Shareholder activism has replaced hostile takeovers as the primary tool for enforcing corporate accountability.ESG and Value Creation: Enlightened value maximization is the idea that corporations can address societal concerns while enhancing long-term profitability.Links relevant to the conversationDon Chew's new book The Making of Modern Corporate Finance:https://www.amazon.com.au/Making-Modern-Corporate-Finance-History/dp/0231211104Econometric study of benefits to consumers of Wal-Mart:https://onlinelibrary.wiley.com/doi/abs/10.1002/jae.994Lumo Coffee promotion10% of Lumo Coffee's Seriously Healthy Organic Coffee.Website: https://www.lumocoffee.com/10EXPLOREDPromo code: 10EXPLORED Full transcripts are available a few days after the episode is first published at www.economicsexplored.com.

Lainey Newman, co-author of Rust Belt Union Blues, joins the pod to shed light on how deindustrialization and globalization have weakened organized labor, particularly in regions like the Rust Belt. We discuss how these changes have left a void filled by conservative organizations and cultural movements, leading to a significant realignment of working-class voters towards the Republican Party. Lainey traces the peak of union influence in the 1950s to its gradual decline from the 1970s onward. We discuss the evolving relationship between unions and political parties, examining how cultural and identity-based issues have impacted voting behaviors and party alignments. From the friction within the Democratic Party's coalition over cultural issues to the unintended consequences of political strategies - were these dynamics inevitable or could have been foreseen and mitigated?From the fallout of not bailing out the steel industry in the 1970s to the perceived cultural and ideological challenges associated with figures like Kamala Harris, we discuss the long-term implications of these decisions on union and working class voters, and what the Democratic Party needs to do to win these voters back.-------------------------Follow Deep Dive:InstagramYouTube Email: deepdivewithshawn@gmail.com Music: Majestic Earth - Joystock

Carter was the absolute antithesis of the ugliness of Donald Trump. Today we remember a great American president, a man of principle who made the world better by his many good works.Plus- Thom reads from "October Surprise" by Barbara Honegger.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bitcoin & Markets: Macro, money, geopolitics and news Thanks for listening. If you are reading this, hit the subscribe button in your podcast app and join us on Youtube or Rumble for LIVE streams!  Links Full write up and charts https://bitcoinandmarkets.com/e426 YouTube: https://www.youtube.com/@btcmarketupdate Rumble: https://rumble.com/c/BTCandMarkets Twitter https://twitter.com/AnselLindner Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Value 4 Value: Fountain app: https://www.fountain.fm/show/vDnNMS9zY6Ab2ZAMsMJ2 Strike: https://strike.me/ansellindner Cash App: https://cash.app/$AnselLindner --- Disclaimer: The content of Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/ #bitcoin #macro #geopolitics

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Hashtag Trending Weekend Edition: 2025 AI Predictions & Insights In this episode of Hashtag Trending's Weekend Edition, Jim Love, John Pinard, and Marcel Gagné delve deep into the evolution and future of AI, exploring key events and trends from the first weeks of 2025. The discussion includes the advancements in AI models like O3, the impact of AGI (Artificial General Intelligence), multi-modal AI capabilities, and the integration of AI in everyday tasks via autonomous agents. They also discuss the potential risks associated with AI, the future of humanoid robots, AI's application in cybersecurity, and predictions for the coming year. Join us to understand how AI is reshaping our lives and what to expect next! 00:00 Introduction to Hashtag Trending Weekend Edition 00:17 Meet the Guests: John Pinard and Marcel Gagné 01:11 Reflecting on the 12 Days of Shipmas 02:54 The Impact of O3 and AI Advancements 05:26 The Future of AI: Predictions and Expectations 12:04 Exploring Sora and Video Models 14:10 The Economics and Accessibility of AI 24:45 The Singularity and AGI: Are We There Yet? 30:51 Predictions for 2025 and Beyond 31:41 The Year of Multimodal AI 32:46 Rise of Autonomous Agents 33:40 AI-Powered Cybersecurity Threats 37:53 Humanoid Robots and Physical AI 39:34 Smaller, Specialized AI Models 45:11 AI Memory and Personalization 55:43 Predictions for AI in 2025 01:00:40 Final Thoughts and Audience Engagement

Dave Smith brings you the latest in politics! On this episode of Part Of The Problem, Dave is joined by co-host Robbie "The Fire" Bernstein to discuss Chris Cuomo's comments about the vaccine not being "forced", Mike Brzezinski saying that Biden could have won the election, and more. Support Our Sponsors:Upgrade your wardrobe instantly and save20% off with the code [PROBLEM] at https://www.publicrec.com/PROBLEM #publicrecpodSheath - https://sheathunderwear.com use promo code PROBLEM20Proton VPN - Get ProtonVPN using Dave's exclusive offer! -http://protonvpn.com/davesmithFÜM - http://tryfum.com/problem & Use code PROBLEMPart Of The Problem is available for early pre-release at https://partoftheproblem.com as well as an exclusive episode on Thursday!Get your tickets to Porch Tour here:https://porchtour.comFind Run Your Mouth here:YouTube - http://youtube.com/@RunYourMouthiTunes - https://podcasts.apple.com/us/podcast/run-your-mouth-podcast/id1211469807Spotify - https://open.spotify.com/show/4ka50RAKTxFTxbtyPP8AHmFollow the show on social media:X:http://x.com/ComicDaveSmithhttp://x.com/RobbieTheFireInstagram:http://instagram.com/theproblemdavesmithhttp://instagram.com/robbiethefire#libertarianSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Our Head of Corporate Credit Research, Andrew Sheets, offers up bull, bear and base cases for credit markets in the year ahead.----- Transcript -----Welcome to Thoughts on the Market. I'm Andrew Sheets, Head of Corporate Credit Research at Morgan Stanley. Today, I'm going to revisit our story for 2025 – and what could make things better or worse.It's Thursday, January 9th at 2pm in London. Based on the number of out-of-office replies, I have a sneaking suspicion that many investors took advantage [of] the timing of holidays this year for a well deserved break. With this week marking the first full week back, I thought it would be a good opportunity to refresh listeners on what we expect in 2025, and realistic scenarios where things are better or worse.Our base case is that credit holds up well this year, doing somewhat better in the first half of 2025 than the second. Credit likes moderation, and while we think the shift in U.S. policy leadership generally means less moderation, and a wider range of economic outcomes, this shift doesn't arrive immediately. On Morgan Stanley's forecasts, the bulk of the disruptive impact from any changes to tariffs or immigration policy hits in 2026.Meanwhile, Credit is entering 2025 with some pretty decent tailwinds. The economy is good. The all-in yield – the total yield – on US investment grade corporate bonds, at above 5.4 per cent, is the highest to start any year since January of 2009 – which we think helps demand. And while we think corporate confidence and aggression will rise this year, normally a bad thing for credit; this is going to be coming off of a low, conservative starting point. We think that credit spreads will be modestly tighter by mid-year relative to where they finished 2024, and then start to widen modestly in the second half of the year – as the market attempts to price that greater policy uncertainty in 2026. We think that issuers in the Financial and Utilities sectors outperform, and we think bonds between five- and ten-year maturity will do the best.The bear case is that we exit the current period of moderation more quickly. At one end, a deregulatory push by a new administration could usher in an even faster rise in corporate confidence and aggression, leading to more borrowing and riskier dealmaking. At the other extreme, the strong current state of the economy and jobs market could make further gains harder to come by. If the rise in unemployment that our economists expect in 2026 is larger or arrives earlier, credit could start to weaken well ahead of this.So, how could things be better – especially given the relatively low, tight starting point for credit spreads? Well, we'd argue that the current mix of data for credit is border-line ideal: reasonable growth, falling inflation, still-low levels of corporate aggressiveness, and still-high yields that are attracting buyers. Recall that the tightest levels of credit in the modern era, which are still tighter than today, occurred during a period with similar characteristics – the mid-1990s.When thinking about the mid-90s as a bull case, there's a further detail that's relevant and topical, especially this week. At that time, interest rates stayed somewhat high and the Fed only lowered short-term rates modestly because the economy held up. In short, in the best environment that we've seen for credit, less action by the Federal Reserve was fine – so long as the economic data was good.This is a bull-case, rather than our base case, because there are also a number of key differences with the mid 1990s, not the least being a much worse trajectory – today – for the US government's budget. But in a scenario where things change less, and the status quo lasts longer, it could come into play.Thanks for listening. If you enjoy the show, leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

In the first of a special series, Morgan Stanley's U.S. Thematic and Equity Strategist Michelle Weaver discusses new frontiers in artificial intelligence with Keith Weiss, Head of U.S. Software Research.----- Transcript -----Michelle: Welcome to Thoughts on the Market I'm Michelle Weaver, Morgan Stanley's U.S. Thematic and Equity Strategist.Keith: And I'm Keith Weiss, Head of U.S. Software Research.Michelle: This episode is the first episode of a special series we're calling “Big Debates” – where we dig deeper into some of the many hot topics of conversation going on right now. Ideas that will shape global markets in 2025. First up in the series: Artificial Intelligence.It's Friday, January 10th at 10am in New York.When we look back at 2024, there were three major themes that Morgan Stanley Research followed. And AI and tech diffusion were among them. Throughout last year the market was largely focused on AI enablers – we're talking semiconductors, data centers, and power companies. The companies that are really building out the infrastructure of AI.Now though, as we're looking ahead, that story is starting to change.Keith, you cover enterprise software. Within your space, how will the AI story morph in 2025?Keith: I do think 2025 is going to be an exciting year for software [be]cause a lot of these fundamental capabilities that have come out from the training of these models, of putting a lot of compute into the Large Language Models, those capabilities are now being built into software functionality. And that software functionality has been in the market long enough that investors can expect to see more of it come into results. That the product is there for people to actually buy on a go forward basis.One of the avenues of that product that we're most excited about heading into 2025 is what we're calling agentic computing, where we're moving beyond chatbots to a more automated proactive type of interface into that software functionality that can handle more complex problems, handle it more accurately and really make use of that generative AI capability in a corporate or in an enterprise software setting as we head into 2025.Michelle: Could you give us an example of what agentic AI is and how might an end user interact with it?Keith: Sure. So, you and I have been interacting with chatbots a lot to gain access to this generative AI functionality. And if you think about the way you interact with that chatbot, right, you have a prompt, you have a question. You have to come up with the question. going to take that question and it's going to, try to contextually understand the nature of that question, and to the best of its ability it's going to give you back an answer.In agentic computing, what you're looking for is to add more agency into that chatbot; meaning that it can reason more over the overall question. It's not just one model that it's going to be using to compose the answer. And it's not just the composition of an answer where the functionality of that chatbot is going to end. There's actually an ability to execute what that answer is. So, it can handle more complex problems.And it could actually automate the execution of the answer to those problems.Michelle: It sounds like this tech is going to have a massive impact on the workplace. Have you estimated what this could do to productivity?Keith: Yeah, this is -- really aligns to the work that we did actually back in 2023, where we did our AI index, right. We came up with the conclusion that given the current capabilities of Large Language Models, 25 per cent of U.S. occupations are going to be impacted by these technologies. As the capabilities evolve, we think that could go as high as 45 per cent of U.S. labor touched by these productivity enhancing. Or, sort of, being replaced by these technologies. That equates to, at the high end, $4 trillion of labor that's being augmented or replaced on a go forward basis. The productivity gains still yet to be seen; how much of a productivity gain you could see on average. But the numbers are massive, right, in terms of the potential because it touches so much labor.Michelle: And finally on agentic, is the market missing anything and how does your view differ from the consensus?Keith: I think part of what the market is missing is that these agentic computing frameworks is not just one model, right? There's typically a reasoning engine of some sort that's organizing multiple models, multiple components of the system that enable you to -- one, handle more complex queries, more complex problems to be solved, lets you actually execute to the answer. So, there's execution capabilities that come along with that. And equally as important, put more error correction into the system as well. So, you could have agents that are actually ensuring you have a higher accuracy of the answer.It's the sugar that's going to make the medicine go down, if you will. It's going to make a lot easier to adopt in enterprise environments. I think that's why we're a little bit more optimistic about the pace of adoption and the adoption curves we could see with agentic computing despite the fact it's a relatively early-stage technology.Michelle: You just mentioned Large Language Models, or LLMs; and one barrier there has been training these models. It requires a ton of computing power, among other constraints. How are companies addressing this, and what's in the cards for next year?Keith: So, if you think about the demand for that compute in our mind comes from two fundamental sources. And as a software analyst, I break this down into research versus development, right? Research is investment that you make to find core fundamental capabilities.Development is when you take those capabilities and make the investment to create product out of it. Thus far, again, the primary focus has been on the training side of the equation.I think that part of the equation looks to be asymptotic to a certain extent. The – what people call the scaling laws, the amount of incremental capability that you're getting from putting more compute at the equation is starting to come down.What people are overlooking is the amount of improvement that you could see from the development side of the equation. So, whereas the demand for GPUs, the demand for data center for that pure training side of the equation might start to slow down a little bit, I think what we're going to see expand greatly is the demand for inference, the demand to utilize these models more fully to solve real business problems.In terms of where we're going to source this; there are constraints in terms of data center capacity. The companies that we cover, they've been thinking about these problems for the past decade, right? And they have these decade long planning cycles. They have good visibility in terms of being able to meet that demand in the immediate future. But these questions on how we are going to power these data centers is definitely top of mind for our companies, and they're looking for new sources of power and trying to get more creative there.The pace with which data centers can be built out is a fundamental constraint in terms of how quickly this demand can be realized. So those supply constraints I don't think are going to be a immediate limiter for any of our names when we're thinking about calendar [20]25. But definitely, part of the planning process and part of the longer-term forecasting for all of these companies in terms of where are they going to find all this fundamental resource – because whether it's training or inference, still a lot of GPUs are going to be needed. A lot of compute is going to be needed.Michelle: Recently we've been hearing about so called artificial general intelligence or AGI. What is it? And do you think we're going to see it in 2025?Keith: Yeah, so, AGI is the – it's basically the holy grail of all of these development efforts. Can we come up with models that can reason in the human world as well as we can, right? That can understand the inputs that we give it, understand the domains that we're trying to operate in as well or better than we can, so it can solve problems as effectively and as efficiently as we can.The easiest way to solve that systems integration problem of like, how can we get the software, how could we get the computers to interact with the world in the way that we do? Or get all the impact that we do is for it to replicate all those functionalities. For it to be able to reason over unstructured text the same way we do. To take visual stimuli the same way that we do. And then we don't have to take data and put into a format that's readable by the system anymore.2025 is probably too early to be thinking about AGI, to be honest. Most technologists think that there's more breakthroughs needed before the algorithms are going to be that good; before the models are going to be that good.There's very few people who think Large Language Models and the scaling of Large Language Models in themselves are going to get us to that AGI. You're probably talking 10 to 20 years before we truly see AGI emerge. So, 2025 is probably a little bit too early.Michelle: Well, great, Keith. Thank you for taking the time to talk and helping us kick off big debates. It looks like 2025 we'll see some major developments in AI.And to our listeners, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen to the show and share the podcast with a friend or colleague today.

As Russia approaches a million of their soldiers dead to turn the tide in Ukraine, can Putin escape Russia's war footing without crashing his economy?- or will he feel his only option is to keep cranking out the killing machine? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why the fossil fuel billionaires are more dangerous than any serial killer…See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

For our first episode of 2025: "otaku culture" as a phenomenon began to emerge, in part, as a reaction against the crass commercialism of postwar Japan. Yet now, it is entirely a part of the fabric of that commercialism. How did that happen? We'll explore it by looking at two fascinating phenomena: the dojin market known as Comiket and the transformation of Tokyo's neighborhood of Akihabara. Show notes here. 

Nic DeAngelo, known as the Fixed Income GOAT in real estate circles. With a $206M+ portfolio, he fuse economic foresight and real estate prowess for an exciting and value-driven discussion for podcast audiences.We invest by two foundational beliefs: - Wall Street is broken. Real Estate is the cure.- Economics tells the future.As CEO/Founder of Saint Investment Group, I lead a veteran team acquiring institutional-grade real estate assets nationwide. Our 20+ state portfolio, 24 projects, and 500+ loans showcase our strategy-driven prowess, with Saint on track to raising $100M+ yearly.I've received praise from high-level podcasters like Hunter Thompson, Tyler Lyons, and Jonathan Cattani with me being the guest on some of their highest-reviewed episodes. My data-driven investing approach. For this reason, every podcast I've been featured on has invited me back for updates on the compelling economic insights we've reviewed on their shows.My knack for simplifying complex theories allows me to provide you with dense material in an entertaining bite-size way."". Hunter Thompson is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Hunter Thompson? Reach out at ""https://saintinvestment.com/https://www.youtube.com/channel/UC-3YDyPnB9qhIzkVfgOnjjghttps://linktr.ee/NicDeAngeloWant to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book  Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes. ************************************************************************  GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS  LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book  PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/  WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow  ************************************************************************   ABOUT THE REAL ESTATE INVESTING CLUB SHOW   Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-useSend us a textInterested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the show

Austrian Economics and Market Dynamics Economist Walter Block joins John Golden to discuss the Austrian School of Economics, highlighting its focus on human action, voluntary exchange, and market-driven entrepreneurship. Learn how Austrian principles challenge traditional neoclassical economics and the pitfalls of central banking and government regulation. This episode offers actionable insights for understanding market processes and fostering economic innovation. Key Points: Deductive reasoning vs. empirical testing. Entrepreneurship as the engine of progress. Free-market approaches to money and trade.

The Christian Outlook - January 11, 2025 Greg Seltz asks Mark Tapson of The Right Take podcast to share his take on the tragic terror attack on New Year's day in New Orleans. Seth Leibsohn talks with Jerry Bowyer, author of “The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics,” about the broader cultural and political pushback we've seen, particularly in corporate America. Zack Clinton talks with Alex McFarland, Christian apologist and author, about the significance of investing in future generations. Greg Seltz has an extended conversation with Todd Nettleton, "President of Message" with Voice of the Martyrs. They discuss perseverance and faith in the face of trials and persecution. See omnystudio.com/listener for privacy information.

Dominique Dwor-Frecaut is the Chief US economist and macro strategist for Macro Hive and is based in Los Angeles. Before that, she worked at various hedge funds including Bridgewater. Prior to the buy side, she worked at the New York Fed, the IMF, and the World Bank. She holds a PhD in economics from the London School of Economics. This episode covers how Trump 2.0 is different from Trump 1.0, key Trump policies to watch, what consensus is getting wrong on US growth, and much more.    Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

Applications close Monday for the NYC AI Engineer Summit focusing on AI Leadership and Agent Engineering! If you applied, invites should be rolling out shortly.The search landscape is experiencing a fundamental shift. Google built a >$2T company with the “10 blue links” experience, driven by PageRank as the core innovation for ranking. This was a big improvement from the previous directory-based experiences of AltaVista and Yahoo. Almost 4 decades later, Google is now stuck in this links-based experience, especially from a business model perspective. This legacy architecture creates fundamental constraints:* Must return results in ~400 milliseconds* Required to maintain comprehensive web coverage* Tied to keyword-based matching algorithms* Cost structures optimized for traditional indexingAs we move from the era of links to the era of answers, the way search works is changing. You're not showing a user links, but the goal is to provide context to an LLM. This means moving from keyword based search to more semantic understanding of the content:The link prediction objective can be seen as like a neural PageRank because what you're doing is you're predicting the links people share... but it's more powerful than PageRank. It's strictly more powerful because people might refer to that Paul Graham fundraising essay in like a thousand different ways. And so our model learns all the different ways.All of this is now powered by a $5M cluster with 144 H200s:This architectural choice enables entirely new search capabilities:* Comprehensive result sets instead of approximations* Deep semantic understanding of queries* Ability to process complex, natural language requestsAs search becomes more complex, time to results becomes a variable:People think of searches as like, oh, it takes 500 milliseconds because we've been conditioned... But what if searches can take like a minute or 10 minutes or a whole day, what can you then do?Unlike traditional search engines' fixed-cost indexing, Exa employs a hybrid approach:* Front-loaded compute for indexing and embeddings* Variable inference costs based on query complexity* Mix of owned infrastructure ($5M H200 cluster) and cloud resourcesExa sees a lot of competition from products like Perplexity and ChatGPT Search which layer AI on top of traditional search backends, but Exa is betting that true innovation requires rethinking search from the ground up. For example, the recently launched Websets, a way to turn searches into structured output in grid format, allowing you to create lists and databases out of web pages. The company raised a $17M Series A to build towards this mission, so keep an eye out for them in 2025. Chapters* 00:00:00 Introductions* 00:01:12 ExaAI's initial pitch and concept* 00:02:33 Will's background at SpaceX and Zoox* 00:03:45 Evolution of ExaAI (formerly Metaphor Systems)* 00:05:38 Exa's link prediction technology* 00:09:20 Meaning of the name "Exa"* 00:10:36 ExaAI's new product launch and capabilities* 00:13:33 Compute budgets and variable compute products* 00:14:43 Websets as a B2B offering* 00:19:28 How do you build a search engine?* 00:22:43 What is Neural PageRank?* 00:27:58 Exa use cases * 00:35:00 Auto-prompting* 00:38:42 Building agentic search* 00:44:19 Is o1 on the path to AGI?* 00:49:59 Company culture and nap pods* 00:54:52 Economics of AI search and the future of search technologyFull YouTube TranscriptPlease like and subscribe!Show Notes* ExaAI* Web Search Product* Websets* Series A Announcement* Exa Nap Pods* Perplexity AI* Character.AITranscriptAlessio [00:00:00]: Hey, everyone. Welcome to the Latent Space podcast. This is Alessio, partner and CTO at Decibel Partners, and I'm joined by my co-host Swyx, founder of Smol.ai.Swyx [00:00:10]: Hey, and today we're in the studio with my good friend and former landlord, Will Bryk. Roommate. How you doing? Will, you're now CEO co-founder of ExaAI, used to be Metaphor Systems. What's your background, your story?Will [00:00:30]: Yeah, sure. So, yeah, I'm CEO of Exa. I've been doing it for three years. I guess I've always been interested in search, whether I knew it or not. Like, since I was a kid, I've always been interested in, like, high-quality information. And, like, you know, even in high school, wanted to improve the way we get information from news. And then in college, built a mini search engine. And then with Exa, like, you know, it's kind of like fulfilling the dream of actually being able to solve all the information needs I wanted as a kid. Yeah, I guess. I would say my entire life has kind of been rotating around this problem, which is pretty cool. Yeah.Swyx [00:00:50]: What'd you enter YC with?Will [00:00:53]: We entered YC with, uh, we are better than Google. Like, Google 2.0.Swyx [00:01:12]: What makes you say that? Like, that's so audacious to come out of the box with.Will [00:01:16]: Yeah, okay, so you have to remember the time. This was summer 2021. And, uh, GPT-3 had come out. Like, here was this magical thing that you could talk to, you could enter a whole paragraph, and it understands what you mean, understands the subtlety of your language. And then there was Google. Uh, which felt like it hadn't changed in a decade, uh, because it really hadn't. And it, like, you would give it a simple query, like, I don't know, uh, shirts without stripes, and it would give you a bunch of results for the shirts with stripes. And so, like, Google could barely understand you, and GBD3 could. And the theory was, what if you could make a search engine that actually understood you? What if you could apply the insights from LLMs to a search engine? And it's really been the same idea ever since. And we're actually a lot closer now, uh, to doing that. Yeah.Alessio [00:01:55]: Did you have any trouble making people believe? Obviously, there's the same element. I mean, YC overlap, was YC pretty AI forward, even 2021, or?Will [00:02:03]: It's nothing like it is today. But, um, uh, there were a few AI companies, but, uh, we were definitely, like, bold. And I think people, VCs generally like boldness, and we definitely had some AI background, and we had a working demo. So there was evidence that we could build something that was going to work. But yeah, I think, like, the fundamentals were there. I think people at the time were talking about how, you know, Google was failing in a lot of ways. And so there was a bit of conversation about it, but AI was not a big, big thing at the time. Yeah. Yeah.Alessio [00:02:33]: Before we jump into Exa, any fun background stories? I know you interned at SpaceX, any Elon, uh, stories? I know you were at Zoox as well, you know, kind of like robotics at Harvard. Any stuff that you saw early that you thought was going to get solved that maybe it's not solved today?Will [00:02:48]: Oh yeah. I mean, lots of things like that. Like, uh, I never really learned how to drive because I believed Elon that self-driving cars would happen. It did happen. And I take them every night to get home. But it took like 10 more years than I thought. Do you still not know how to drive? I know how to drive now. I learned it like two years ago. That would have been great to like, just, you know, Yeah, yeah, yeah. You know? Um, I was obsessed with Elon. Yeah. I mean, I worked at SpaceX because I really just wanted to work at one of his companies. And I remember they had a rule, like interns cannot touch Elon. And, um, that rule actually influenced my actions.Swyx [00:03:18]: Is it, can Elon touch interns? Ooh, like physically?Will [00:03:22]: Or like talk? Physically, physically, yeah, yeah, yeah, yeah. Okay, interesting. He's changed a lot, but, um, I mean, his companies are amazing. Um,Swyx [00:03:28]: What if you beat him at Diablo 2, Diablo 4, you know, like, Ah, maybe.Alessio [00:03:34]: I want to jump into, I know there's a lot of backstory used to be called metaphor system. So, um, and it, you've always been kind of like a prominent company, maybe at least RAI circles in the NSF.Swyx [00:03:45]: I'm actually curious how Metaphor got its initial aura.