Podcast
Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work
Hosted by Magnificent Noise x Richard Kramer x Will Page · EN
Bubble Trouble features conversations between economist and author Will Page and independent analyst Richard Kramer that lay out some inconvenient truths about how financial markets really work. Like the “boy who cried wolf,” financial markets have a peculiar tendency to repeat past mistakes and get themselves into “bubble trouble.” They party hard, drink too much of the Kool Aid, and wake up with a pounding hangover...only to do the same thing the next day. With tech dominating daily headlines and teenage traders driving stocks to unprecedented valuations, you might be asking “What’s really going on?” “What am I missing?” Imagine having a set of tour guides to tell you the “story behind the story” of the world’s largest tech companies, and how they bend - or break - the rules of economics.
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12episodes
Episodes
Newest firstAll episodes
Open AI: For What It's Worth
Oct 7, 2024Tap to summarizeWe always try to flag the smoke signals of mischievous market behaviour that gets society and stock portfolios into trouble. Are we about to get fooled again by the hype and hysteria surrounding the poster child Open AI? Or maybe, just maybe, it’s worth joining us for 30 minutes to find what really sits behind a 150bn valuation and ask whether beauty is in the eye of the beholder?For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.comYou can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/More on Will Page at: https://pivotaleconomics.com(Times below correspond to the episode without considering any inserted advertisements.)In the latest episode of Bubble Trouble, co-hosts Richard Kramer and Will Page dive into the hype surrounding OpenAI, now valued at $150 billion. They examine the risks of market hype and hysteria behind this soaring valuation, discussing the broader implications for society and the tech industry. The episode explores the nuances of company valuations, comparing public versus private market insights and the lack of transparency in the private sector. With references to past tech bubbles, the hosts analyze the potential conflicts of interest among investors and question the sustainability of current trajectories in tech valuations. As they await the next bubble to burst, Kramer and Page emphasize the importance of scrutinizing underlying business fundamentals in an era of outsized market valuations.00:00 Introduction00:49 Part One01:04 The AI Hype and OpenAI's Valuation03:25 Understanding Company Valuations06:32 Public vs Private Market Valuations10:56 The Transparency Challenge in Tech15:26 Reflecting on Past Episodes and Lessons21:12 Part Two21:49 The Role of Central Banks in Market Bubbles25:32 Exploring OpenAI's Valuation and Market Dynamics36:09 Smoke Signals and Future Predictions43:46 Credits Hosted on Acast. See acast.com/privacy for more information.
Transcribe →Solving for X with Alex Kantrowitz
Nov 13, 2023Tap to summarizeThis week we turn to the unavoidable Mr Musk and his beached fail whale, X, formerly known as Twitter. Did he take something mediocre and make it worse? Was it deliverate sabotage, or willful ignorance? Blunder or bluster, megaphone or mega-fall from grace? Wiht us we have veteran tech journalist Alex Kantrowitz to help solve for X.For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.comYou can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/More on Will Page at: https://pivotaleconomics.comIn this engaging episode of Bubble Trouble, hosts Richard Kramer and Will Page engage in an in-depth discussion with Alex Kantrowitz, veteran tech journalist and founder of Big Technology. The discussion provides insights on some of the issues and dilemmas facing Twitter (now called X) under the leadership of Elon Musk. Kantrowitz offers valuable perspectives on the changing dynamics in the tech world, touching on the rise of Reddit, problems with 'Threads', and the impact of new leadership on Twitter's performance and brand value. The conversation also delves into the principle of 'Effective Altruism' prevalent in Silicon Valley and what it signifies about tech leadership. Analysis of recent data reveals Twitter's shrinking user base and engagement, though it remains a highly popular app. The episode wraps with Kantrowitz sharing about his newsletter 'Big Technology', and its recent features.00:00 Intro00:00 Introduction and Welcome00:19 Discussing Twitter's Past and Present00:46 Part One00:52 Interview with Tech Journalist Alex Kantrowicz02:17 Exploring Twitter's History and Business Model06:52 Twitter's Influence and Impact on Journalism07:32 The Decline of Traditional Media and the Rise of Digital Platforms08:45 Twitter's Role in the Attention Economy09:54 Twitter's Popularity and Influence Despite Declining Numbers15:06 Analyzing Twitter's User Data and Trends28:47 Part Two32:37 The Future of Twitter: Cyclical or Structural Decline?36:26 Twitter's Competition: Reddit and Threads36:34 The Struggles of Threads36:59 The Power of Network Effects38:17 The Limitations of Threads39:48 The Rise of Reddit40:04 The Role of Reddit in the Social Media Landscape40:54 The Impact of Pocket App on Twitter41:25 The Irrelevance of Threads and the Power of Meta44:20 The Challenges Twitter Faces45:50 Potential Strategies to Save Twitter49:32 The Future of Twitter Under Musk's Leadership54:51 The Role of Effective Altruism in Tech Companies58:57 The Danger of Singular Solutions59:27 The Value of Comments and the Future of Twitter01:01:38 Closing Remarks and Promotion of Big Technology01:02:34 Credits Hosted on Acast. See acast.com/privacy for more information.
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