Podcast appearances and mentions of josh baer

In the second of our two-part panel discussion from Morgan Stanley's TMT conference, our analysts break down the complexity of financing AI's infrastructure and the technological disruption happening across industries.Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome back to Thoughts on the Market, and welcome to part two of our conversation live from the Technology, Media and Telecom conference. I'm Michelle Weaver, U.S. Thematic and Equity Strategist at Morgan Stanley. Today we're continuing our conversation with Stephen Byrd, Josh Baer and Lindsay Tyler. This time looking at financing AI and some of the risks to the story. It's Friday, March 6th at 11am in San Francisco. So yesterday we spoke about AI adoption. And while there's a lot of excitement on this theme, there've also been some concerns bubbling up. Lindsay, I want to start with you around financing. That's another critical component of the AI build out. What's your latest on the magnitude of the data center financing gap, and what role [are] credit markets playing here? Lindsay Tyler: Yeah, in partnership with Thematic Research, Stephen and team, and colleagues across fixed income research last summer, we did put out a note, thinking about the data center financing gap, right? So, Stephen and team modeled a $3 trillion global data center CapEx need over a four-year timeframe. So, in partnership with fixed income across asset classes, we thought: okay, how will that really be funded? And we came to the conclusion that the hyperscalers, the high quality hyperscalers, generate a good amount of cash flow, right? So, there's cash from ops that can fund approximately half of that. But then we think that fixed income markets are critical to fund the rest of the funding gap. And really private credit is the leader in that and then aided by corporate credit and also securitized credit. What we've seen since is that yes, private credit has served a role. There is this difference between private credit 1.0, which is more of that middle market direct lending. And then private credit 2.0, which is more ABF – Asset Based Finance or Asset Backed Finance. And what we see there is an interest in leases of hyperscaler tenants, right? We've also seen in the market over the past nine months or so, investment grade bond issuance by hyperscalers. Obviously, a use of cash flow by hyperscalers. We've seen the construction loans with banks and also private credit per reports. We've also seen high yield bond issuance, which is kind of a new trend for construction financing. We've seen ABS and CMBS as well. And then something new that's emerging in focus for investors is more of a chip-backed or compute contract backed financings, like more creative solutions. We're really in early innings of the spend right now. And so, there is this shift. As we start to work through the construction early phases, the next focus is: okay, but what about the chips? And so, I think a big focus is that, you know, chips are more than 50 percent of the spend for if you're looking at a gigawatt site. And it depends what type of chips and kind of what generation. But that's the next leg of this too. So, it's kind of a focus, you know, for 2026. Michelle Weaver: And how do you view balance sheet leverage and financing when you think about hyperscaler debt raising magnitude and timelines? Lindsay Tyler: So just to bring it down to more of a basic level, if you need compute, you really might need two things, right? A powered shell and then the chips. And so, if you're looking for that compute, you could kind of go in three basic ways. You could look to build the shell and kind of build and buy the whole thing. You could lease the shell, from, you know, a developer, maybe a Bitcoin miner too – that is converted to HBC. And then you kind of buy the chips and you put them in yourselves. Or you could lease all the compute; quote unquote lease, it's more of a contract. In terms of the funding, if you're thinking about the cash flows of some of the big companies – think of that as primarily being put towards chip spend. If you're thinking about the construction that's kind of split between cash CapEx but also leases. And so, what we've seen is that there is more than [$]600 billion of un-commenced lease obligations that will commence over the next two to five years, across the big four or five players. And then my equity counterparts estimate around [$]700 billion of cash CapEx that needs this year for some of those players as well. So, these are big numbers. But that's kind of how, at a basic level, they're approaching some of the financing. It's a split approach. Michelle Weaver: And what have you learned around financing the past few days at the conference? Anything incremental to share there? Lindsay Tyler: Sure. Yeah. I think I found confirmation of some key themes here at the conference. The first being that numerous funding buckets are available. That was a big focus of our note last year is that you can kind of look at asset level financing. You can look at public bonds, you can look at some equity. There are these different funding buckets available.The second is that tenant quality matters for construction financing. I think I've seen this more in the markets than maybe at this conference over the past two to three weeks. But that has been a focus of pricing for the deals, but also market depth for the deals. A third confirmation of a key theme was around the neo clouds and also the GPU as a service business models. Thinking about those creative financings, right. Are they thinking about from their compute counterparties? Would they like upfront payments? Might they look to move financing off [the] balance sheet, if they have a very high-quality investment grade rated counterparty? So, there is some of this evolution around those solutions. And then a fourth key theme is just around the credit support. And Stephen has and I have talked about this around some of the Bitcoin miners – is that, you know, there can be these higher quality investment grade players that might look to lend their credit support. Maybe a lease backstop to other players in the ecosystem in order to get a better pricing on construction financing. And we are seeing some press pickup around how that might play out in chip financing down the road too. Michelle Weaver: Mm-hmm. AI driven risk and potential disruption has been a big feature of the price action we've seen year-to-date in this theme. Stephen, what are some asset classes or businesses you see as resistant to some of this disruption? Stephen Byrd: We spend a lot of time thinking about, sort of, asset classes that are resistant to deflation and disruption. And what's interesting is there's actually a handful of economists in the world that are doing remarkable work on this concept. That they would call it the economics of transformative AI. There are three Americans, two Canadians, two Brits, a number of others who are doing really, really interesting work. And essentially what they're looking at is what do economies look like? As we see very powerful AI enter many industries – cause price reductions, deflation… What does that do? They have a lot of interesting takeaways, but one is this idea that the relative value of assets that cannot be deflated by AI goes up. Very simple idea. But think of it this way, I mean, there's only, you know, one principle resort on Kauai. You know, there's a limited amount of metals. And so, what we go through is this list that's gotten a lot of investor attention of resistant asset classes or more of the resistant asset classes that can go up in value. So, there are obvious ones like land, though you have to be a little careful with real estate in the sense that like, office real estate probably wouldn't be where you would go. Nor would you potentially go sort of towards middle income, lower income housing. But more, you know, think of industrial REITs, higher-end real estate. But there are a lot of other categories that are interesting to me. All kinds of infrastructure should be quite resistant, all kinds of critical materials. Metals should do extremely well in this. But then when you go beyond that, it's actually kind of interesting that there; arguably there's a longer list than those classic sort of land and metals examples.Examples here would be compute… Michelle Weaver: Mm-hmm. Stephen Byrd: I thought Jensen put it, well, you know, if there's a limited amount of infrastructure available, you want to put the best compute. And ultimately, in some ways, intelligence becomes the new coin of the realm in the world, right? So, I would want to own the purveyors of intelligence. It could include high-end luxury. It could include unique human experiences. So, I don't know how many of y'all have children who are sort of college age. But my children are college age, and they absolutely hate what they would call AI slop.They want legit human content, and they seek it out. And they absolutely hate it when they see bad copies of human content. And so, I think there is a place in many parts of the economy for unique human experiences, unique human content, and it's interesting to kind of seek out where that might be in the economy. So those would be some examples of resistant assets. Michelle Weaver: Mm-hmm. Josh, software's been at really the center of this AI disruption debate. How would you compare the current pullback in software multiples to prior periods of peak uncertainty? And do you think any of these concerns are valid? Or how are you thinking about that? Josh Baer: Great question. I mean, software multiples on an EV to sales basis are down 30 – 35 percent just from the fall, I will say. And that's overall in the group. A lot of stocks, multiple handfuls, are down 60-70 percent over the last year. And what's being priced in is really peak uncertainty, a lot of fear. And these multiples, now four times sales – takes us all the way back about 10 years to the shift to cloud. And this time in many ways reminds us of that period of peak fear. In this case, what's being priced in is terminal value risk. We talked about this TAM yesterday. But you know, who is going to win that share? How is it divided from a competitive perspective across these model providers? The LLMs with new entrants. Of course, the incumbents. And this other idea of in-housing. Michelle Weaver: Mm-hmm. Josh Baer: So, there's competitive risk, there's business model risk. Are companies going to need to change their pricing models from seat-based to consumption or hybrid. And then last margin risk. Just thinking about the higher input costs and higher capital intensity. And so, you know, all of those fears are being priced in right now. Michelle Weaver: And we, of course though, had a bunch of these companies live with us at the conference. How are they responding to some of these risks? How are they addressing these investor concerns? Josh Baer: Most of the companies here from our coverage are the incumbent software vendors. And I think that the leadership teams did a really nice job coming out and defending their competitive moats and really articulating the story of why they are in a great position to capitalize on the opportunity. And the reasons can vary across different companies. But some of the commonalities are around enterprise grade, trust, security, governance, acceptance from IT organizations.The idea of vibe coding all apps in an organization get squashed when you actually talk to companies and chief information officers. For some companies there's proprietary data moats, network effects. All of that's on top of existing customer relationships. And so, you know, that was the message from the companies that we had. That we're the incumbents. We get to use all of the same innovative AI technology in the same way that all these different competitive buckets do. But we have, you know, that differentiation in that moat. And so, we're in a good place. Michelle Weaver: I want to wrap on a positive note. Stephen, what did you hear at the conference that you're most excited about? Stephen Byrd: I'd say the life sciences. A few investors pointed out that perhaps AI has a PR problem these days. And I do think showing a significant benefit to humanity in terms of improved health outcomes, whether that's just better diagnosis, you know. Away from this event, but I was in India the week before and, you know, AI can have a powerful benefit to the people who suffer the most in terms of providing very powerful medical tools in a distributed manner. So, I'm a big fan there.But you know, in many ways, curing the most challenging diseases plaguing humanity. The kind of problems involved in providing those and developing those cures are perfect for AI. So that, for me – stepping way back – that is by far the most exciting thing. Michelle Weaver: Josh, same to you. What are you most excited about? Josh Baer: From my perspective, it's potentially the turning point for software. The ability to showcase that we are at this inflection point and acceleration. To actually see that it takes time for our software companies to develop new AI technologies. Put that into products that have been tested and proven and go through the enterprise adoption cycle. And that we're at the cusp of more adoption – that's what our survey work says. And to see that inflection, I think can help to rerate this sector. Michelle Weaver: Lindsay, same question for you… Lindsay Tyler: Maybe I'll tie it to markets. I've already had a lot of more conversations with equity investors over the past, how many months? There's a big fixed income focus right now, which is a great, you know, spot and really interesting opportunity in my seat. And there's a lot of interesting structures coming to be right now in the credit space. So, I think it's an exciting time. Michelle Weaver: Lindsay, Stephen, Josh, thank you very much for joining to recap the event and let us know what you learned at the conference. To our audience, thank you for listening here live. And to our audience tuning in, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen. And share the podcast with a friend or colleague today.

Live from Morgan Stanley's TMT conference, our panel break down where AI is already delivering real returns—and where rapid advances are raising new risks.Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome to Thoughts on the Market. I'm Michelle Weaver, U.S. Thematic and Equity Strategist here at Morgan Stanley.Today we've got a special episode on AI adoption. And this is a first in a two-part conversation live from our Technology, Media and Telecom conference.It's Thursday, March 5th at 11am in San Francisco.We're really excited to be here with all of you taping live. And we've got on stage with me. Stephen Byrd, he's our Global Head of Thematic and Sustainability Research; Josh Baer, Software Analyst; and Lindsay Tyler, TMT Credit Research Analyst.So, Stephen, I want to start with you, pretty broad, pretty high level. We recently published our fifth AI Mapping Survey that identifies how different companies are exposed to the broad AI theme. Can you just share with us some insights from that piece and how stocks are performing with this AI exposure?Stephen Byrd: Yeah, it's interesting. I mean, we've been doing this survey now, thanks to you, Michelle, and your excellent work, for quite a while. And every six months it is pretty telling to see the progression.I would say a few things that got my attention from our most recent mapping was the number of companies that are quantifying the adoption benefits continues to go up quite a bit. And to me that feels like that's going to be table stakes very soon as in every industry you see two or three companies that are really laying out quite specifically what they expect to be able to do with AI and lay out the math. I think that really is going to pull all the other companies to follow suit. So, we're seeing that in a big way.We do see adopters, with real tangible benefits performing well. But a new thing that we're seeing now, of course, in the market is concerns that in some cases adoption can lead to dramatic deflation, disruption, et cetera. That's coming up as well. So, we're seeing greater concerns around disruption as well.But broadly, I'd say a proliferation of adoption, that that universe of companies continues to grow, increases in quantification of the benefits. So, that is good. What's really surprised me though, is the narrative among investors has so quickly moved from those benefits which we've talked about into flipping that to toggle all negative, which I know some of our analysts have to deal with every day. The mapping work suggests significant benefits. But the market is fast forwarding to very powerful AI that is very disruptive in deflation. And that's been a surprise to me.Michelle Weaver: Mm-hmm. Josh, I want to bring software into this. Your team has been arguing that AI is actually good for software. And it's really something that you need that application layer to then enable other companies to adopt AI. Can you tell us a little bit about how much GenAI could add to the broader enterprise software market? And how are you thinking about monetization these days?Josh Baer: Of course. I think the best starting place is a reminder that AI is software, and so we see software as a TAM expander. And in many ways, even though this is extremely exciting innovation, it's following past innovation trends where first you see value accrue and market cap accrue to semiconductors, and then hardware and devices, and then eventually software and services. And we do think that that absolutely will occur just given [$]3 trillion in infrastructure investment into data centers and GPUs.There's got to be an application layer that brings all of these productivity and efficiency gains to enterprises and advanced capabilities to consumers as well. And so we see AI more as an evolution for software than a revolution. An evolution of capabilities and expansion of capabilities. LLMs and diffusion engines absolutely unlocked all of these new features of what software can do. But incumbents will play a key role in this unlock.And our CIO surveys really support that. Quarterly we ask chief information officers about their spending intentions, and these application vendors who we cover in the public markets are increasingly selected as vendors that companies will go to, to help deploy and apply AI and LLM technologies.So, to answer your question, we estimate GenAI could unlock [$]400 billion in incremental TAM for software; for enterprise software by 2028. And this is based on looking at the type of work able to be automated, the labor costs associated with that work, the scope of automation, and then thinking about how much of that value is captured typically by software vendors.Michelle Weaver: And you have a bit of a different lens on AI adoption. So, what are some of the ways you're hearing software customers using these AI tools and anything interesting that popped up at the conference?Josh Baer: To echo what Stephen laid out, I mean, all of our software companies are using AI internally, both to drive efficiencies, but also to move faster. So thinking about product. Innovation, you know, the incumbents are able to use all of the same coding tools and, you know, …Michelle Weaver: Mm-hmm.Josh Bear: … products geared to developers to move faster and more efficiently on R&D. So, they're doing more. From a sales and marketing perspective, a G&A perspective, every area of OpEx, our software companies are in a great position to deploy the AI tools internally.I think more important[ly], speaking to this TAM and expanded opportunity, is our companies have skews that they're monetizing. It might be a separate suite that incorporates advanced AI functionality. It might be a standalone offering, or it might be embedded into the core platform because the essence of software is AI and it, you know, leading to better retention rates and acceleration from here.Michelle Weaver: Mm-hmm. And Stephen, going back to you on the state of play for AI, we had the AI labs here and we heard a lot about the developments and what's to come. So, what's your view on the trajectory for LLM advancements and what are some of the key signposts or catalysts you're watching here?Stephen Byrd: Yeah, this is for me, maybe the most important takeaway of the conference – is this continued non-linear improvement of LLMs, which we've been writing about for quite some time. And just to give you an example, we think many of the labs have achieved a step change up in terms of the compute that they have, in some cases 10 x the amount of compute to train their LLMs. And that [if] the scaling laws hold – and we see every sign that they will – a 10x increase in compute used to train the models results in about a doubling of the model capabilities.Now just let that sink in for a moment. Let's just think about that. A doubling from here in a relatively short period of time is difficult to predict. It's obviously very significant and I think several of the LLM execs at our event sounded to me extremely bullish on what that will be. A lot of that I think will be evident in greater agentic capabilities.But also, I'd say greater creativity. It was about three weeks ago, three of the best physics minds in the world worked with an LLM to achieve a true breakthrough in physics – solving a problem that had never been solved before. A couple of days ago, a math team did the same thing. And so, what we're seeing is sort of these breakthrough capabilities in creativity. This morning I thought Sam speaking to, you know, incredible increases in what these models can do – which also brings risk. You know, I think it was interesting he spoke to, you know, the risk of misalignment, the risk of what these models are doing.But for me, that's the single biggest thing that I'm thinking about, and that's going to be evident in the next several months.Michelle Weaver: Mm-hmm.Stephen Byrd: So, you know, on the positive side, it leads to greater benefits from AI adoption. And to Josh's point that, you know – more and more the economy can be addressed by AI, I do get concerned about the risk that that kind of step change will create greater concerns about disruption and deflation.That causes me to think a lot about that dynamic. Interestingly, we think the Chinese labs will not be able to keep pace just for one reason, which is compute. We think the Chinese labs have everything else they need. They have the talent, the infrastructure. They certainly have the energy, power. But they don't have the chips.If what we laid out with the American models turns out to be true, I could see a chain reaction where the Chinese government pushes the Trump administration for full transfer of the best technology to China. And China could use their rare earth trade position to ensure that. So, that's sort of the chain reaction I've been thinking about.Michelle Weaver: Mm-hmm. So, let's think about then bottlenecks in the U.S. Power is still one of the main bottlenecks. We had several of the solutions providers here at the conference. So, what are you thinking in terms of the size of the power bottleneck in the U.S. and how are we going to fix that?Stephen Byrd: Yeah, absolutely. I am bullish on the companies that can de-bottleneck power, not just in the U.S., a few other places. Let's go through the math in terms of the problem we face and then the solution.So, we have this very cool – it is cool if you're a nerd – power model that starts in the chip level up, from our semiconductor teams. And from that, we build a global power demand model for data centers. We then apply that to the U.S.Through 2028 we need about 74 gigawatts of data centers, both AI and non-AI to be built in the United States. I don't think we'll be able to achieve that for lots of reasons. But starting from that 74, we have sort of 10 gigs that have been recently built or are under construction. We have 15 gigs of incremental grid access, but after those two, we have to go to unconventional solutions, meaning typically off-grid solutions, over 40 gigawatts of unconventional solutions.So that will be repurposing Bitcoin sites, which could be sort of 10 to 15 gigawatts. That'll be big. Renewable energy, fuel cells will be part of the solution. Gas turbines will be a big part of the solution. Co-locating at a few nuclear plants. I'm less bullish than I used to be on that. But when we net all that out, we think the U.S. is likely to be 10 to 20 percent short of the data center capacity that will need to be in.It's not just a power grid access issue, though, that's a big one. Labor is now showing up as a huge issue. Many of the companies I speak to trying to develop data centers struggle with availability of labor. Electricians being one very tangible example. In the U.S. we need hundreds of thousands of additional electricians.So, for any of your children, like mine, thinking about careers, you know, you'd be surprised [at] the amount of money that people are making in the infrastructure business that does feel like it's a labor shift that's going to have to happen, but it's going to take years. So, in that context, we had a number of the Bitcoin companies at our event here. And the economics of turning a Bitcoin site into hosting a data center are extremely attractive. I mean, extremely attractive.To give you a sense of that. Before this opportunity presented itself to these Bitcoin players, those stocks tended to trade at an enterprise value per watt of about $1 to $2 a watt. Then we started to see these deals in which the Bitcoin players build a data center and lease them to hyperscalers. Those deals – depends a lot on the deal but – have created between $10 and $18 a watt of value. Let me repeat that. 10 to 18 – relative to where these stocks were at 1 to 2.Now many of these stocks have rerated, but not all of them. And there's still quite a bit of upside. And what we've noticed is the economics that the hyperscalers are paying are trending up and up and up. Because of this power shortage that we're dealing with. So, a lot of exciting opportunities are still in the power space.Michelle Weaver: Great. Well, I think that's a good place to wrap this first part of our conversation around AI adoption and the state of play. We'll be back again tomorrow with Part Two, looking at financing and risks.To our panelists, thank you for talking with me. And to our audience, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

Mariët Westermann, Director and CEO of the Solomon R. Guggenheim Museum and Foundation, joined The Baer Faxt's Founder and CEO Josh Baer for The Baer Faxt Live from Doha 2026, recorded live during Art Basel Qatar. In this clip, Westermann discusses what makes Art Basel Qatar fresh and how institutions like Guggenheim Abu Dhabi and Guggenheim Bilbao have a deliberate mission to go where such institutions don't already exist. Watch the full interview via the link in bio. A big thank you to our host, The Ned Doha. This conversation was recorded on the 5th of February, 2026. #TheBaerFaxt #MarietWestermann #Guggenheim #ArtBaselQatar #Doha

Princess Alia Al-Senussi, PhD joined The Baer Faxt's Founder and CEO Josh Baer for The Baer Faxt Live from Doha 2026, recorded live during Art Basel Qatar. Tune in to hear about culture as a core part of Qatar's national strategy and the momentum building across the region from Art Basel Qatar to the Diriyah Contemporary Art Biennale. Watch the full interview via the link in bio. A big thank you to our host, The Ned Doha. This conversation was recorded on the 4th of February, 2026. #TheBaerFaxt #AliaAlSenussi #ArtBaselQatar #Doha

The Baer Faxt Podcast is back with our first episode of 2026! In the spirit of the new year, we brought together some of New York's great arts writers—Kenny Schachter, Tim Schneider along with our editor Taylor Dafoe and founder Josh Baer—for a roundtable on what's been, and what's to come. Baer With Me: Looking Forward, Looking Back is out now wherever you get your podcasts, or at thebaerfaxtpodcast.com.  This episode, recorded on January 20th 2026, is brought to you by Ursula - A Magazine of Contemporary Culture by Hauser & Wirth.

In this episode of The Baer Faxt Podcast, renowned artist Rirkrit Tiravanija heads to the golf course with host Josh Baer in Doha, Qatar, to shoot the shot—and talk all things market, arts education and of course, his association with relational aesthetics. 

Emanuela Tarizzo, Director of Frieze Masters, joined The Baer Faxt's Founder and CEO Josh Baer for the second edition of The Baer Faxt Live from London 2025, recorded live during Frieze week. Tune in to hear Tarizzo discuss what sets Frieze Masters apart, from mixing old masters with contemporary art to how a new generation of younger exhibitors is making the fair more accessible. The Baer Faxt Live from London 2025 is sponsored by London's Mount St. Restaurant. For more information, visit mountstrestaurant.com This conversation was broadcast on October 17th, 2025.

Sir Isaac Julien CBE RA, filmmaker and installation artist, sat down with The Baer Faxt's Founder and CEO Josh Baer for the second edition of The Baer Faxt Live from London 2025, recorded live during Frieze week. Tune in to hear insights from Isaac Julien on how personal history intersects with larger cultural narratives—from soul, fashion, philosophy to 1990s New York—and his own journey from an art school student to a world class, institutionally recognized (and recently knighted!) filmmaker and artist. The Baer Faxt Live from London 2025 is sponsored by London's Mount St. Restaurant. For more information, visit mountstrestaurant.com This conversation was broadcast on October 17th, 2025.

Pilar Ordovas, founder of Ordovas, joined The Baer Faxt's Founder and CEO Josh Baer for The Baer Faxt Live from London 2025, recorded live during Frieze London. Tune in to hear Ordovas' temperature check on London's art scene, it's robust sense of community, and the recent outstanding acts of philanthropy. The Baer Faxt Live from London 2025 is sponsored by London's Mount St. Restaurant. For more information, visit mountstrestaurant.com This marks our seventh edition of The Baer Faxt Live, following The Baer Faxt Live from Hong Kong, The Baer Faxt Live from Art Basel Miami Beach 2024, The Baer Faxt Live From London, Art Basel in Basel, Art Basel Hong Kong, and Art Basel Miami Beach 2023. This conversation was broadcast on October 17th, 2025. *Please note Pilar Ordovas is the founder of Ordovas, not Ordovas Art as listed in the final slide.

Ed Dolman, founder of Dolman Partners LLP and former CEO of Phillips and Christie's, joined The Baer Faxt's Founder and CEO Josh Baer for The Baer Faxt Live from London 2025, recorded live during Frieze London. Hear Dolman discuss his journey from porter to CEO of not one but two major auction houses, and his thoughts on the rise of the Middle East's art world. The Baer Faxt Live from London 2025 is sponsored by London's Mount St. Restaurant. For more information, visit mountstrestaurant.com This marks our seventh edition of The Baer Faxt Live, following The Baer Faxt Live from Hong Kong, The Baer Faxt Live from Art Basel Miami Beach 2024, The Baer Faxt Live From London, Art Basel in Basel, Art Basel Hong Kong, and Art Basel Miami Beach 2023. This conversation was broadcast on October 17th, 2025.

While the second edition of the Atlanta Art Fair is in full swing, we spoke remotely with Randall Suffolk, Director of the High Museum of Art. Tune in as Suffolk and Josh Baer discuss Atlanta's emergence on to the global art stage, how museums can orient themselves towards the communities they serve by staying nimble, and what he's looking forward to from the High's upcoming programming. The Atlanta Art Fair is open to the public from September 25–28 2025 at Pullman Yards. Visit theatlantaartfair.com for more information. This conversation was recorded remotely on Friday, September 26th, 2025 in New York, and presented in partnership with the Atlanta Art Fair.

Rounding out our coverage of this year's Atlanta Art Fair, we invited gallerists Anna Walker Skillman (Co-Founder and Creative Director of Jackson Fine Art) and Jonathan Carver Moore (Founder and Director of Jonathan Carver Moore) for a remote conversation where Moore and Skillman share their unique paths to success and stability as gallerists, the importance of accessibility and openness when it comes to the art business, and what it means to represent themselves and their home cities on the global stage. The Atlanta Art Fair is open to the public from September 25–28 2025 at Pullman Yards. Visit theatlantaartfair.com for more information. This conversation was recorded remotely on Friday, September 26th, 2025 in New York, and presented in partnership with the Atlanta Art Fair.

In this episode Shelby Myers, the Global Head of Private Sales at RM Sotheby's, joins Josh Baer to discuss the world of collectible cars and whether or not the art world should be branding itself as luxury—or not.

With Atlanta Art Fair opening Thursday September 25th, we invited noted collector, founder of Ellaby Holdings LLC, and Atlanta local Hassan Smith to the studio for a conversation on his life and collection, where they discuss Atlanta's growth in the global art scene, how community and connection matter in all aspects of Atlanta's arts economy, and the power of self-education in collecting. The Atlanta Art Fair is open to the public from September 25–28 2025 at Pullman Yards. Visit theatlantaartfair.com for more information. This conversation was recorded on Tuesday, August 26th, 2025 in New York, and presented in partnership with the Atlanta Art Fair.

Kamel Mennour, Founder and President of Galerie Mennour joined The Baer Faxt's Founder and CEO Josh Baer for The Baer Faxt Live from Art Basel 2025, recorded live from Basel on the fair's VIP opening day. Tune in as Mennour shares his feelings from an exciting first day on the floor, how his approach as a gallerist has made him a cornerstone of Paris' contemporary art market, and his decision to personally donate over 180 artworks to the Musée d'Art Moderne de Paris. The Baer Faxt Live from Art Basel 2025 is sponsored by Manuela NYC. To learn more, visit manuela-nyc.com. This marks our seventh edition of The Baer Faxt Live, following The Baer Faxt Live from Hong Kong, The Baer Faxt Live from Art Basel Miami Beach 2024, The Baer Faxt Live From London, Art Basel in Basel, Art Basel Hong Kong, and Art Basel Miami Beach 2023. This conversation was broadcast on June 18th, 2025. Subscribe to The Baer Faxt Newsletter: https://thebaerfaxt.com/newsletter/ Check out our free Auction Database: https://artauctiondatabase.thebaerfaxt.com/ Follow us on Instagram: https://www.instagram.com/baerfaxt/

Advisor, Collector, and Philanthropist Amanda Love joined The Baer Faxt's Founder and CEO Josh Baer for The Baer Faxt Live from Art Basel 2025, recorded live from Basel on the fair's VIP opening day. Watch as Love shares how Australia's art scene has grown from the global margins to an international powerhouse in its own right; how art fairs and the market have changed since her very first Art Basel; and how the globe-trotting advisor balances her passion for art with the needs of her global clientele. This marks our seventh edition of The Baer Faxt Live, following The Baer Faxt Live from Hong Kong, The Baer Faxt Live from Art Basel Miami Beach 2024, The Baer Faxt Live From London, Art Basel in Basel, Art Basel Hong Kong, and Art Basel Miami Beach 2023. The Baer Faxt Live from Art Basel 2025 is sponsored by Manuela NYC. To learn more, visit manuela-nyc.com. This conversation was broadcast on June 18th, 2025. Subscribe to The Baer Faxt Newsletter: https://thebaerfaxt.com/newsletter/ Check out our free Auction Database: https://artauctiondatabase.thebaerfaxt.com/ Follow us on Instagram: https://www.instagram.com/baerfaxt/

Artist, writer, and lecturer Kenny Schachter joined The Baer Faxt's Founder and CEO Josh Baer for The Baer Faxt Live from Art Basel 2025, recorded live from Basel on the fair's VIP opening day. In this freewheeling conversation, Schachter and Baer discuss the staying power of art amidst unpredictable global tides; how great collectors will choose art over everything; and, how he's overcome the odds to become one of the art world's most passionate intellectual voices. The Baer Faxt Live from Art Basel 2025 is sponsored by Manuela NYC. To learn more, visit manuela-nyc.com. This marks our seventh edition of The Baer Faxt Live, following The Baer Faxt Live from Hong Kong, The Baer Faxt Live from Art Basel Miami Beach 2024, The Baer Faxt Live From London, Art Basel in Basel, Art Basel Hong Kong, and Art Basel Miami Beach 2023. This conversation was broadcast on June 18th, 2025. Subscribe to The Baer Faxt Newsletter: https://thebaerfaxt.com/newsletter/ Check out our free Auction Database: https://artauctiondatabase.thebaerfaxt.com/ Follow us on Instagram: https://www.instagram.com/baerfaxt/

In this episode, host Josh Baer speaks with Madeleine Grynsztejn, director of the MCA Chicago. In part one of the conversation, Baer and Grynsztejn discuss the past, present, and future of the MCA, Grynsztejn's experience becoming a museum director after years as a curator, and how the MCA is pursuing its mission to be a “hyperlocal museum with global reach.” Then, tune in as Grynsztejn and Baer tackle Chicago's vibrant art scene and how the MCA integrates local culture into its programming, including through a new expansion into performance art; and, how the MCA is holding its principles firm in response to challenges facing public institutions and museums.

In this episode, host Josh Baer speaks with ATHR Gallery and ATHR Foundation co-founder Mohammed Hafiz. In part one of the conversation, Baer and Hafiz engage with core questions related to the art of Saudi Arabia, tackling both its local and international contexts, and the differences between western, eastern, and middle eastern approaches to the market.   Then, tune in as Hafiz discusses Saudi Arabia's unique approach to public-private collaboration and the gallery system; and, how art fairs have served as a unique gateway to Europe and beyond. Plus, his hopes to expand the reach of ATHR globally, and the most important strategies—both from the “playbook” and outside of it—for galleries and the artists they represent to engage new buyers.

On this episode of the Startup of the Year Podcast, our host, entrepreneur, and investor, Frank Gruber (https://www.linkedin.com/in/frankgruber), is joined by Joshua Baer, the Founder & CEO of Capital Factory, Austin's premier startup hub connecting founders with mentors, investors, and talent. The interview took place in front of a live audience down in Austin at the Established House.    Get Involved! Founders, investors, startup teams, entrepreneur support organizations (ESOs), and innovators, we invite you to join the Established Network, our digital hub where creativity, capital, and collaboration collide. https://established.network    As part of the Established Network, we also host the Monthly Innovation Circle, with some great featured speakers and we'll continue hosting these events on the third Thursday of every month. Sign up today at: est.us/TheMIC2025   Thank you for listening, and as always, please check out the Established website and subscribe to the newsletter at: www.est.us    Subscribe to the Startup of the Year podcast: https://podcast.startupofyear.com/   Subscribe to the Established YouTube Channel: https://soty.link/ESTYouTube   Startup of the Year helps diverse, emerging startups, founding teams, and entrepreneurs push their company to the next level. We are a competition, a global community, and a resource. Startup of the Year is also a year-long program that searches the country for a geographically diverse set of startups from all backgrounds and pulls them together to compete for the title of Startup of the Year. Checkout Startup of the Year at: www.startupofyear.com   Established is a consultancy focused on helping organizations with innovation, startup, and communication strategies. It is the power behind Startup of the Year. Created by the talent responsible for building the Tech.Co brand (acquired by an international publishing company), we are leveraging decades of experience to help our collaborators best further (or create) their brand & accomplish their most important goals. Check out Established at: www.established.us Connect with us on X (formerly Twitter) - @EstablishedUs    Connect with us on Facebook - facebook.com/established.us

Join us for the final part of our special three-part episode of Baer With Me as The Baer Faxt celebrates its 30th anniversary! Hosted by Luyang Jiang, listen as Josh Baer tackles the issues facing the art market today, alongside candid answers to art world questions from our listeners, readers, followers, and staff.   In this installment, tune in as Josh shares how The Baer Faxt Podcast came to be, his most memorable moments from the auction house sales floor, his “Mount Rushmore” of art dealers, and other expert insights into the art world from Baer's more than 60 years in the business.   This concludes our special three-part series, Baer With Me: The Baer Faxt Turns Thirty. All three parts are available now at thebaerfaxtpodcast.com and wherever you listen to your podcasts.

Join us for Part Two of a special three-part episode of Baer With Me as The Baer Faxt celebrates its 30th anniversary! Hosted by Luyang Jiang, listen as Josh Baer tackles the issues facing the art market today, alongside candid answers to art world questions from our listeners, readers, followers, and friends.   In this installment, tune in as Josh shares his take on the dilemma facing working artists of today, what success actually means for gallerists, and other expert insights into the art world from Baer's more than 60 years in the business.   Keep an eye on our channels for part three, coming soon!

In this episode, guest Adam Sender continues his discussion with host Josh Baer, sharing stories from his years as one of the world's foremost collectors, the factors that led to his decision to sell a large portion of his collection, and how he feels about the art world of today from the outside looking in.    Plus, tune in to hear Sender and Baer discuss the evolution of today's hyper-globalized art world, how a great collection could be built with one single work, and how Sender's feeling as we enter the next half of the 2020's.   This is Part Two of a special two-part episode of The Baer Faxt Podcast. Part 1 is available now on all platforms and thebaerfaxtpodcast.com.

Join us for a special three-part episode of Baer With Me as The Baer Faxt celebrates its 30th anniversary! Hosted by The Baer Faxt President Luyang Jiang, tune in to hear Josh Baer recount memories and insights from the last three decades, alongside candid answers to burning art world questions from our listeners, readers, followers, and team.   In this installment, listen as Baer explains how The Baer Faxt began, what it's like to be at the helm of a thirty year old institution, and other lessons learned from 64 years immersed in the art world.   Keep an eye on our channels for parts two and three, coming soon.

In this episode, the renowned collector Adam Sender invited us into his Miami home for a conversation with our host Josh Baer. In this special two-part episode, Sender charts his course from his middle class roots on Long Island, to being one of the most prominent collectors in the world, to his decision to sell a vast majority of his collection publicly at auction. Adam also shares with us the lessons he learned from developing one of the most robust collections in the world during the financial instability of the early 2000s, how his approach to collecting changed as he matured, and the relationships that helped him succeed. Look out for Part Two of this conversation in 2025.  

In this episode, the renowned collector Adam Sender invited us into his Miami home for a conversation with our host Josh Baer. In this special two-part episode, Sender charts his course from his middle class roots on Long Island, to being one of the most prominent collectors in the world, to his decision to sell a vast majority of his collection publicly at auction. Adam also shares with us the lessons he learned from developing one of the most robust collections in the world during the financial instability of the early 2000s, how his approach to collecting changed as he matured, and the relationships that helped him succeed. Look out for Part Two of this conversation in 2025.

In this episode, our host Josh Baer speaks with guest Barbara Castelli, President of the legendary Castelli Gallery for the past twenty five years. In part one of the conversation, Castelli discusses her origins with the gallery, the importance of her late husband Leo Castelli's legacy, and how Barbara's sharp vision—alongside the trust of her artists and buyers—has carried and shaped the gallery into the present day   Then, tune in as Castelli shares lessons learned from twenty five years at Castelli Gallery, how she navigates the idiosyncratic nature of conceptual art, and what makes a work truly “important” when it hits the market.   In part three of the conversation, Baer and Castelli dive deep into how the gallery model has changed in the 2020s, the re-evaluation of the Western art canon, and the finicky nature of “taste” when it comes to collecting art.

In this episode, our host Josh Baer speaks with returning guest, the ex-Blum and Poe Founder Jeff Poe. In part one of the conversation, Jeff discusses on the present and future states of the market, how galleries and artists can adapt to survive, and if the grass really is greener on the other side, one year after his retirement from the art world. Then, tune in as Poe shares his thoughts on the challenges facing galleries of all sizes, the pressures influencing today's art prices, and the importance of separating the art from the ego. In part three of the conversation the two discuss how major galleries have–or haven't—created succession plans, opportunities for the slow-moving art world to pivot in increasingly fast-moving times, and other “elephants in the room”.  Last but not least, stay tuned for the conclusion, in which Jeff shares his optimism for a radically reformed art world, what's keeping people from splurging on art in the modern era, and what exactly he's been up to in retirement.

In this episode, our host Josh Baer speaks with artist Takashi Murakami. In part one of the conversation, Murakami explains how he's built his global, multifaceted career, and reflects on his open letter in response to our episode with Jeff Poe.   Then, listen as Murakami discusses his relationship to pop culture & luxury, the difficulties for an Asian artist to prosper in the West, and how the lasting impacts of World War II have influenced Japan's contemporary culture.   In part three of the conversation the two discuss Murakami's ideas on the future of art, how the political intersects with the whimsical in his work, and what's next on the artist's fast-paced global schedule.    Finally, stay tuned for an epic conclusion, where the tables are turned and Josh is placed in the hot seat—answering burning questions from Murakami on the state of the New York City art scene, what constitutes “great art” and how to see it, and recent takes from The Baer Faxt Newsletter.

In this episode, we take a look back at some of our team's favorite moments from the past year and a half of The Baer Faxt Podcast.   Join us as our host, Josh Baer, founder of The Baer Faxt, talks through highlights and epic stories from our exclusive, in-depth art world conversations with art world movers, shakers, and groundbreakers—from gallerist Jeff Poe and critic Jerry Saltz all the way to our very first episode with artist Beeple.   Whether you're a longtime listener or just tuning in for the first time, we've hand-picked key notes and insights for you. So, kick back and tune in!        

This episode marks the one-year anniversary of The Baer Faxt Podcast, and our second episode of Baer with Me, our mini-series of The Baer Faxt Podcast hosted by our President, Luyang Jiang, with market insights from Josh Baer.   On the last day of our busy Hong Kong Art Week, Josh and Luyang sat down with The Baer Faxt's team members based in Asia, Boliang Shen, our Content Strategist in Shanghai, and Claire Huang, our Business Development Consultant in Hong Kong, to compare their observations from Art Basel Hong Kong and the flurry of other market events.   Listen as Josh and the team share their on-the-ground scoop on the art market in Hong Kong and Asia, from gallery sales reports, to changes in the ways collectors transact and where they come from.

Baer with Me is our new mini-series of The Baer Faxt Podcast, building on our past episodes featuring Josh Baer's insights on the current state of the art market. Hosted by Luyang Jiang, our President and Executive Producer of our Podcast, Baer with Me will feature regular updates on the latest trends in the global art market.   For our debut episode, Josh shares his predictions for the art business in 2024—how to buy the dip, a comeback for NFTs, and the bull market to come as interest rates continue to soften. He and Luyang also talk about The Baer Faxt's exciting plans for the months ahead as we travel to art market events across the U.S., Asia, Europe, and beyond.

Another gallery seems to be shutting down every few weeks, and everyone's talking about an art market correction, but the art fairs must go on.   For this episode, Josh Baer and Luyang Jiang were on the road in London for Frieze art fair and the London auctions. Listen as Josh shares his perspective as a veteran art advisor, revealing the impacts of the so-called art market correction at Frieze, what the Long Museum selling at auction recently in Hong Kong means for the future of collecting in China, and how top gallerists are planning for a potentially rocky road ahead.

Does anyone even read art criticism any more? For years, the prevailing wisdom told us that the art industry needs art criticism to grow. And yet, today, the industry is larger than ever; the number of professional art critics in the country is dwindling, and those writing reviews aren't having them read. So, do we need art criticism? Is art criticism itself the problem? Is it too positive to be taken seriously or too negative to qualify as anything more than clickbait? In this episode of Art Problems, Paddy Johnson summarizes the recent online discussions about criticism, focusing on Sean Tatol's "Negative Criticism" and Ben Davis's "Is Criticism Too Positive" and explains why this conversation is relevant to artists. If you struggle to understand the media landscape, this podcast will help you understand the stakes so you can make better decisions about where to spend your time. Professionals discussed: Jerry Saltz, Sean Tatol, Ben Davis, Jason Farago, Joanna Freeman, Jackson Arn, Josh Baer, Jeff Poe   Relevant links: https://www.thebaerfaxtpodcast.com/e/jerry-saltz/ https://news.artnet.com/opinion/sean-tatol-negative-reviews-part-1-2353302 https://news.artnet.com/opinion/sean-tatol-negative-criticism-part-2-2353305 https://news.artnet.com/multimedia/the-art-angle-podcast-state-of-art-criticism-2358970 https://thepointmag.com/criticism/negative-criticism/ http://19933.biz/manhattanartreview.html

Jerry Saltz debates Josh Baer about the value of art, why auction houses are "a pox," and how the art world got to be "the f***ing mess that it is," in this candid conversation between a Pulitzer-prize winning art critic and a veteran art advisor.   Jerry also tells about the winding career path that led to his longtime post as art critic for New York Magazine, from struggling to face his inner demons as an artist, to self-exile as a truck driver, to teaching himself to write and landing his first art critic gig at the Village Voice.   Listen as the two old friends challenge each other's viewpoints and share stories from their days coming up in New York's art world in the 1980s, including star-studded artist salons, and their meeting that led to the founding of The Baer Faxt almost 30 years ago.   "Have a listen to this podcast where I lay down the law, laugh a lot, probably make all sorts of bizarre statements, and try to tell it like it is. Forgive me for being a slow talker. (I listen to all podcasts at 2x speed).    Be kind."   -Jerry Saltz  

In this special two-part double episode of The Baer Faxt Podcast, we sit down with the people behind four different leading art fairs from around the globe: Lauren Taschen, who consulted on show management for Art Basel Miami Beach, Bettina Korek, the founding director of Frieze LA, Daniel Hug, the director of Art Cologne, and David Chau, the co-founder of art021.    In part 1, Josh Baer sits down with Lauren and Bettina, who each tell the story of the founding of their respective fairs, arguably the two most important fairs in the U.S. Lauren explains how Swiss and Latin cultures came together to create Art Basel Miami Beach, while Bettina explains how Frieze LA has made a transformative impact in the few years since its founding in 2019.   Now serving as CEO of the Serpentine galleries, Bettina also casts light on the surprisingly close-knit relationship between museums and art fairs.   Afterwards, Lauren and Josh offer their dos and don'ts for fair attendees, debate the balance between transparency and confidentiality in the selection committee for fair exhibitors, and look towards how art fairs will maintain their relevance in an ever-more digital future.    In part 2, we'll turn away from large international fairs to more local, regional models, going back to the very beginning with the director of the world's oldest art fair, Art Cologne, and looking towards the future of Asia with the founder of Shanghai's art021.

With technology evolving rapidly in education, investors are taking a closer look at how it will financially impact the global education market. Stephen Byrd and Josh Baer discuss.----- Transcript -----Stephen Byrd: Welcome to Thoughts on the Market. I'm Stephen Byrd, Morgan Stanley's Global Head of Sustainability Research. Josh Baer: And I'm Josh Baer from the U.S. Software Team. Stephen Byrd: On the special episode of the podcast will discuss the global education market. It's Friday, May 12th at 10 a.m. in New York. Stephen Byrd: Education is one of the most fragmented sectors globally, and right now it's in the midst of significant tech disruption and transformation. Add to this, a number of dynamically shifting regulatory and policy regimes and you have a complex set up. I wanted to sit down with my colleague Josh to delve into the intersection of the EdTech and the sustainability side of this multi-layered story. Stephen Byrd: So, Josh, let's start by giving a snapshot of global education technology, particularly in this post-COVID and rather uncertain macro context we're dealing with. What are some of the biggest challenges and key debates that you're following? Josh Baer: Thanks, Stephen. One way that I think about the different EdTech players in the market is through the markets that they serve. So in the context of education, that means early learning, K-12, higher ed, corporate skilling and lifelong learning. The key debates here come down to what it usually comes down to for equities, growth and margins. So on the growth side, there's several conversations that we're constantly having with investors. Some business models are exposed to academic enrollments as a driver. To what extent would a weaker macro with higher unemployment lead to stronger enrollments given their historical countercyclical trends? And enrollments have been pressured as current or potential students were attracted to the job market. And on the margin side, some of the companies that we follow in the EdTech space, they're the ones that were experiencing very rapid growth during COVID and investment mode to really capture that opportunity. And so investors debate the unit economics of some of these business models and really the trajectory of margins and free cash flow looking ahead. One other more topical debate, the impact of generative A.I. on education, and maybe we'll hit on that topic later. Josh Baer: Stephen, why do these debates matter from the point of view of ESG, environmental, social and governance perspective? Why should investors view global education through a sustainability lens? Stephen Byrd: Yeah Josh I'd say among sustainability focused investors, typically the number one topic that comes up within the education sector is inequality. So higher education is a key pillar of economic development, but social and economic problems can arise from limited access. Unequal access to education can perpetuate all forms of socioeconomic inequality. It can limit social mobility, and it can also exacerbate health and income disparities among demographic groups. It can also restrict the potential talent pool and diversity of backgrounds and ideas in different academic fields, leading to all kinds of negative economic implications for both growth and innovation. While progress has been made in increasing enrollment among underrepresented students, significant disparities remain in admission and graduation rates. For investors and public equities, I think one of the more useful tools in our note is a proprietary framework that measures sustainability impact. Now that tool is really primarily rooted in the United Nations Sustainable Development goal number four, which lays out targets in education. This framework is rooted in the premise that I mentioned earlier. The COVID-19 pandemic has exacerbated multiple challenges in education. So when we think about business models that we really like, we're focused on models that can improve the quality of student learning, enhance institutions' operations and increase access and affordability. And we think our stocks that we selected really do meet those objectives quite well. Stephen Byrd: Josh, what is the current size of the EdTech and education services markets and why invest now? Josh Baer: First, on the size of the market, we see global education spend of 6 trillion today going to 8 trillion in 2030. So that's a CAGR below the growth of GDP, but we do see faster growth in EdTech. So there's really compelling opportunities for consolidation in the fragmented education market broadly and for EdTech growing at a double digit CAGR, so much faster than the overall education market. Why invest in EdTech? Well, as just mentioned, EdTech addresses these very large markets. It's increasing its share of education spend because it's aligned to several secular trends. So I'm thinking about digital transformation of the entire education industry. The shift from in-person instructor led training to really more efficient or economic online or digital learning. And positives from this shift, as you mentioned, include better scalability, affordability, global access to really high quality education. These EdTech companies are aligned to corporate skilling, which are aligned to companies, strategic goals, digital transformation initiatives. And then from a stock perspective, there's really low investor sentiment broadly and of course, the exposure to ESG trends around inclusion, skilling, education, access. Josh Baer: And Stephen, what is the regulatory landscape around global education and EdTech, both in the U.S. and in other regions? Stephen Byrd: So education policy is not really featured heavily in recent sessions of Congress in the U.S., as it tends to develop at more local levels of government than really at the federal level. The federal government in the United States provides less than 10% of funding for K through 12 education, leaving most of regulation and funding to state and local governments. Now, that said, there have been a few large education policy focused bills enacted into law since the establishment of the U.S. Department of Education in the second half of the 20th century. The most recent was in 2015, when President Obama signed the Every Student Succeeds Act, which granted more autonomy to states to set standards for education that vary based on local needs. In Brazil, there's some really interesting developments that we're very focused on. The Ministry of Education began loosening the rules for distance learning in 2017 to compensate for the lack of public funding and affordability. This was a new modality that didn't depend on campuses and was much cheaper for students. So companies saw this as the next growth opportunity and started investing in digital expansion, especially after COVID-19 lockdowns forced the closure of campuses. Distance learning grew rapidly and surpassed the number of on campus enrollments in 2021. Despite the increase in addressable market, this potential cannibalizes is part of the demand for in-person learning and reduces average prices in the sector. Lastly, in Europe, the European Union has set seven key education targets that it is hoping to achieve by 2025. And by 2030 on education and training. Let me just walk through a couple of the big targets here. By 2025, the goal is to have at least 60% of recent graduates from vocational education and training, that should benefit from exposure to work based learning during their vocational education and training. By 2030, the goal is for less than 15% of 15 year olds to be low achievers in reading, mathematics and science, as well as less than 15% of eighth graders should be low achievers in computer and information literacy. Stephen Byrd: Josh, how are emerging technologies like artificial intelligence and virtual reality disrupting the education space, both in the classroom and in cyberspace? How do you assess their impact and what catalysts should investors watch closely? Josh Baer: Great question. Investors are hyper focused on all the generative A.I. hype, all the risks and opportunities for EdTech. And it's important to remember that all EdTech companies serve different markets and they have different business models and they provide varying services and value to all those different markets. And so there's a wide spectrum from risk to opportunity, and in actuality, I think many businesses will actually have both headwinds and tailwinds from A.I. At the core, the question is not, will generative A.I. change education and learning, but how will it change? And from the way it may change, from the way education content is created and consumed, to the experience of learning and teaching and testing and studying. And on one end of the spectrum, investors should also look for signs of disruption, disruption to the publisher model or tutoring services or solutions, look for signs of students that may meet their learning needs or studying needs with generative A.I. instead of existing solutions. But from an innovation perspective, I think investors should look for new entrants and incumbents to leverage generative A.I. to really enhance the future of education, from personalized and efficient content creation to more adaptive assessments and testing, to more customized learning experiences. And these existing platforms, they're the ones that own vast datasets, really rich taxonomies of learning and skills. And I think those are the ones that are well-positioned to use A.I. technology to vastly improve their capabilities and the education market. Investors can also look for a more direct revenue opportunities, as the EdTech platforms are the platforms that will be teaching and reskilling and upskilling the whole world on how to use these innovative technologies, today and in the future. Stephen Byrd: Josh, thanks for taking the time to talk. Josh Baer: Great speaking with you, Stephen. Stephen Byrd: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review on Apple Podcasts, and share the podcast with a friend and colleague today.

What's it like to spend millions of dollars at a contemporary art auction? Is there a danger zone where young artists' prices blow up too quickly? Is it still possible to buy low and sell high? And just what is an auction guarantee anyway?   Step behind closed doors into the hidden world of auctions with veteran art advisor Josh Baer and our friends, Dallas-based collector Howard Rachofsky and Gagosian Gallery Associate Director Sophia Cohen, as we discuss the auction topics you won't hear about anywhere else.    Join us as Howard tells the stories behind his biggest sales and his biggest acquisitions: the guarantee deal on his $25 million Jeff Koons Balloon Flower; and the bidding war over a Lucio Fontana masterpiece that's now one of the central works in his collection.    Afterwards, we sit down with Sophia Cohen, who shares her unique perspective as an artist liaison and young collector on the love-hate relationship between auction records and the market for works coming straight from the artist's studio.    And as the May auction season approaches in New York, remember: Don't transact without The Baer Faxt, the only report on who bought what in the auction saleroom.

What is the future of digital art? Josh Baer sat down with Beeple for the first episode of The Baer Faxt Podcast during the opening of his immersive new B.20 museum in Charleston, South Carolina earlier this month to ask him how his vision for the future of digital art and NFTs has changed since we first spoke in November 2021.   Before catching up with Beeple at his B.20 opening, we revisit our prior conversation, when we sat down at The Bass museum during Miami Art Week to talk about his rise to prominence in the art world and the beginnings of the NFT community.   At that time, he had just sold the hybrid digital sculpture Human One (2021) at Christie's for nearly $30 million. This week, the dynamic, first-of-its-kind artwork is on view in Hong Kong at the M+ museum, while its sister work S.2122 (2023) is making its debut at Art Basel Hong Kong.   Subscribe to The Baer Faxt Podcast for much more to come on our first season as we unpack the inner workings of the global art industry through candid interviews with key players in the business as they offer their perspectives on art and the market in the U.S., Asia, Europe, and beyond.

On our new podcast, The Baer Faxt team unpacks the inner workings of the global art industry through exclusive, candid interviews with artists, collectors, dealers,  and other key players in the business as they offer their perspectives on art and the market in the US, Asia, Europe, and beyond. The Baer Faxt has been the leading news source for art world insiders since Josh Baer started sending out his newsletter via fax machine in 1994, and has since expanded to include an art advisory service and a unique auction database with bidder data gathered firsthand on the salesroom floor.  Join us as we sit down with major players in the art world from around the globe, including Beeple at the opening of his new museum, exhibitors at Art Basel Hong Kong, cutting-edge art fair directors in the US and Europe, and much more in the forthcoming first season of The Baer Faxt podcast, available wherever you get your podcasts.

Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Hosts:Brent Slava Reach out to Brent at brent@benzinga.comSr. Reporter, Head of Benzinga Newsdeskpro.benzinga.comUBS NIO LAZR BOX WLDSUBS (UBS) - In probably the weekend's biggest news item, Credit Suisse (CS) reportedly sent employees a memo which raised some concerns about the bank's financial health. Credit Suisse shares were down about 4% in pre-market trade Monday; the stocks of other euro banks did not move lower in sympathy with Credit Suisse. As several big banks based in Switzerland, traders will view UBS and Credit Suisse as peers.NIO Inc. (NIO) - A play on the Chinese electric vehicle market. Within the electric vehicle space over the weekend, Tesla (TSLA) reported worse-than-expected third-quarter deliveries of vehicles.Luminar Technologies (LAZR) - A play on the autonomous driving space. Luminar describes itself as an autonomous vehicle sensor and software company. News out of the space over the weekend suggested Intel (INTC) will do an initial public offering (IPO) for its autonomous driving unit, Mobileye.Box (BOX) - A play on a bullish call by a notable sell-side analyst. Morgan Stanley's Josh Baer upgraded shares of Box to the firm's equivalent of a buy rating. The analyst said investors are underappreciating Box's value.Wearable Devices (WLDS) - A company which develops "a non-invasive Neural input interface for controlling digital devices using subtle finger movements." Shares were up 38% Monday morning on no news. The issue is a low-float play with about 8 million shares in its float. We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.comUse coupon code YOUTUBE20 to get 20% offDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

June 24, 2022 | Today's headlines and AutoFi President Josh Baer by Automotive News

“When we partner with people that are taking the Gospel to places we could never touch, we are truly partners in the Gospel with them to see the Kingdom expanded…it's even more special when we celebrate it as people are actually literally going out from our congregation.” Since 2015, Cramerton Church has sent out church planters and missionaries to California, Kenya, and Alaska. Pastor Josh Baer talks about the “sending culture” of the church. Josh also presented a seminar at the 2021 Leadership Conference entitled “Letting Go: Developing a Sending Culture in Your Local Church,” available for download at https://nafwb.org/2021-leadership-conference/. #NAFWB

Presented at the 2021 Leadership Conference.   Download the notes and find all conference seminars at https://nafwb.org/2021-leadership-conference/.  

Better-late-than-never we are back with the added attraction of a third wheel, guest host Mills Moran. We jump right into it discussing fractional art investment vehicle Masterwork's One BILLION dollar valuation and semi-absurd claim to be the biggest active buyer in the art market. Speaking of crazy prices we break down the $200 a month price tag our friend Josh Baer is charging for access to his list list of underbidders past. And we discuss the opening of Frieze Cork Street and what the model potentially portends for the future of art fairs and pop-ups. And from LIC we discuss the opening of MoMA PS1's "Greater New York" and what shows like this mean for the art market. And where to get a mean sandwich nearby. All that and more only on Nota Bene, the only art podcast. --- Support this podcast: https://anchor.fm/benjamin-godsill/support

Today’s show is a deep dive into art collecting. Joining LionTree CEO Aryeh Bourkoff is Josh Baer - the art advisor whose Baer Faxt newsletter and recently launched “No Reserve” YouTube channel feature art market perspectives - and finance executive Jackie Reses, who has served as Square Capital and Square Financial Services lead executive for six years. Jackie, a burgeoning art collector, Josh and Aryeh discuss the state of the art market, the impact that COVID-19 has had on it and the evolving art canon.Find and rate KindredCast on Apple Podcasts or wherever you listen. For more content, follow KindredCast on Twitter, Instagram and Facebook. You can hear our radio show on SiriusXM Business Radio, channel 132. And you can find all of Kindred Media’s podcasts and subscribe to our daily newsletter, “Take a Break with Kindred Media,” here (https://linktr.ee/KindredMediaHQ).Please read before listening: http://www.liontree.com/podcast-notices.html

While on a trip to Cuba in January 2020 (and trying to beat the incoming rain), Pastor Josh Baer briefly spoke with Eddie Moody to share the ways that mission trips their church took helped confirm the call on people's lives and shaped the way their church invested in missions. Josh serves as pastor of Cramerton FWB Church. #NAFWB The 2020 World Missions Offering for IM, Inc. is this Sunday, August. Find out how your church can participate: https://iminc.org/wmo/.

While on a trip to Cuba in January 2020 (and trying to beat the incoming rain), Pastor Josh Baer briefly spoke with Eddie Moody to share the ways that mission trips their church took helped confirm the call on people's lives and shaped the way their church invested in missions. Josh serves as pastor of Cramerton FWB Church. #NAFWB The 2020 World Missions Offering for IM, Inc. is this Sunday, August. Find out how your church can participate: https://iminc.org/wmo/.

In this episode, we’re excited to bring Josh Baer, Founder and CEO of Capital Factory, to the studio. Capital Factory is a coworking space and tech startup accelerator standing as the center of gravity for Austin’s startup community. Capital Factory also helps startups gain momentum by introducing them to their first investors, employees, mentors, and customers. We talked to Josh about Capital Factory’s unique approach to fostering connections within their community and the journey a startup takes once they walk through the CF doors. Capital Factory provides the space, mentorship, connections, and resources needed for first-time startup entrepreneurs to scale their businesses. Capital Factory recently became a Certified B Corporation® and encourage others to join in leading the movement to use their business. HOSTS Lisa Graham - Co-Founder, Notley Dan Graham - Co-Founder, Notley GUEST Josh Baer - Founder and CEO of Capital Factory STUDIO Chez Boom Audio PRODUCTION & EDITING Shayna Brown - Founder of Chez Boom Audio EPISODE SPONSOR Chez Boom Audio RESOURCES Capital Factory

Classmate Josh Baer joins Mike and Steve for episode 1 of the Mike and Steve podcast. Josh talks about having pugs, losing family members, and dreaming about his childhood house. Mike and Steve introduce the podcast and discuss firm handshakes.

LIVE Q & A - With Kevin Koym (@kkoym)and Josh Baer (@joshbaer) At Capital Factory

If you have the chance to spend any amount of time in the Austin, TX business community you’re going to hear the name, Josh Baer. There’s no doubt about it. That’s because Josh has made it a goal to not only BE integrally connected to what’s going on in the Austin business community, he’s also made it his aim to be one of the primary connectors of that community. That means Josh works hard at meeting people, connecting them to each other, and adding the right kind of value to those he comes into contact with. This recorded conversation reveals why Josh sees building relationships in the business community as a vital part of what he does and uncovers some of the practical ways he goes about doing that. I’d love for you to meet and learn from Josh, so be sure you listen. Why building relationships in the business community matters. No matter where you live or what sort of business you are in there are others who live there who are into the same kinds of things. Maybe they don’t do exactly what you do but they do something that is at least connected in some way. Can you see how getting connected with those people will do nothing but help you and them? That’s one of the foundational beliefs that a guy like Josh Baer has. It’s what motivates him to eagerly reach out to new entrepreneurs in his community (Austin, TX) and it’s those business connections that have made him a valuable asset to so many. In this conversation Josh shares how he’s become the go-to guy for business relationships in the Austin area and gives some tips for how you can do the same thing. How building community can foster strategic business relationships. One of the most powerful things Josh Baer has done to foster community among entrepreneurs and founders in the Austin, TX community is to create both the space and the opportunity for those people to meet, network, share their experiences, and open the doors to possible joint venture and partnership possibilities. He’s done that through intentionally building relationships himself and by becoming the guy who helps others do the same thing. Josh is a master at doing that kind of thing and I wanted to dig into the goals and strategies he has for doing it, in this conversation. I encourage you to take a few minutes to learn from a guy who’s doing relationships and doing them well. How do you break away from what is urgent to foster important relationships? There’s no magic formula for keeping up with the important relationships in your life. You’ve simply got to schedule it into your routine. Josh Baer is a pro at keeping relationships flowing and alive and he emphasizes the importance of building routines that make it happen day in and day out. He uses a handful of tools, including Contactually to make it automated, but in the end, it requires the personal commitment and thoughtfulness that any relationship demands. In this conversation Josh shares the mindsets that help him stick to his relationship nurturing routine as a non-negotiable, so be sure you take the time to listen. A simple hack to build relationships using your email autoresponder. As we wrapped up our conversation I asked Josh Baer for his one piece of advice regarding how someone who wants to begin fostering meaningful relationships can do so. His response was not what I expected. Josh uses his email autoresponder in a way I’ve never heard of before. Instead of waiting to use it as a vacation auto-reply or as a way to warn people that he may never respond, Josh uses it as a way to invite further, specific interaction with those people who have just reached out to him. If you want to know how he sets it up and what kind of things he includes in that first autoresponder you can hear Josh explain it himself, on this episode of Real Relationships. Outline of this great episode [0:34] I’d like to introduce you to my friend, Josh Baer.. [1:52] Why Josh focuses so much on connecting people to each other. [5:07] How Josh learned that who you know is more important than what you know. [9:41] Is there a difference between building community and building relationships? [11:20] What is a people broker and how does it factor into building community? [13:22] How Josh breaks away from the tyranny of the now to nurture relationships. [15:59] The simplest thing anyone can do to build relationships. [18:18] One connection that made a huge impact on Josh’s life. [19:15] The things Josh needs from you right now. [20:24] The one key piece of advice Josh wants you to know. Resources & Links mentioned in this episode www.CapitolFactory.com Other Inbox Appsumo WP Engine Trilogy Software http://www.Twitter.com/JoshuaBaer

On this week's show, our analysts discuss earnings news from Alibaba, GoPro, Tesla, and Whole Foods.  Motley Fool columnist Morgan Housel talks elections and investing.  And tech entrepreneur Josh Baer shares some startup secrets.

03-13-2009 Josh Baer Chapel Message on "When I Get What I Want, Why Don't I Want What I Get?." Order CD Quality Sermons Here

03-13-2009 Josh Baer Chapel Message on "When I Get What I Want, Why Don't I Want What I Get?." Order CD Quality Sermons Here