『El Podcast』のカバーアート

El Podcast

El Podcast

著者： El Podcast Media
無料で聴く

このコンテンツについて

 In El Podcast, anything and everything is up for discussion. Grab a drink and join us in this epic virtual happy hour!2022 El Podcast Media マネジメント・リーダーシップ リーダーシップ 政治・政府 社会科学 経済学
エピソード
  • E172: MMT Is Going Mainstream - Right as the AI Bubble Is About to Pop: Explained by Dr. Maggiori

    E172: MMT Is Going Mainstream - Right as the AI Bubble Is About to Pop: Explained by Dr. Maggiori
    2025/12/09
    A wide-ranging conversation with economist and AI consultant Dr. Emmanuel Maggiori on why Modern Monetary Theory overpromises a “free lunch,” what really causes inflation, how Bitcoin and AI are misunderstood, and why seductive economic stories are so dangerous.GUEST BIO:Emmanuel Maggiori is an armchair economist, computer scientist, and AI consultant based in the UK. Originally from Argentina, he has a PhD (earned in France), works with companies to build AI systems, and writes widely about economics and artificial intelligence. He is the author of several books, including If You Can Just Print Money, Why Do I Pay Taxes? Modern Monetary Theory Distilled and Debunked in Plain English, Smart Until It’s Dumb, and The AI Pocket Guide, and has a large following on LinkedIn and X/Twitter.TOPICS DISCUSSED:What Modern Monetary Theory (MMT) actually claimsHow money is created in modern economies (broad money vs reserves)Why MMT’s “taxes don’t fund spending” story is misleadingStephanie Kelton’s accounting error and the “deficit myth”The Cantillon effect and who really pays for money printingArgentina, Venezuela, Zimbabwe, and real-world inflation episodesJavier Milei, austerity, and Argentina’s recent disinflationGovernment debt, “we owe it to ourselves,” and default via inflationBitcoin as a supposed solution to monetary problemsWho really created Bitcoin and what it’s actually good forThe current AI boom, why it’s a bubble on the business side, and unit economicsOpenAI, DeepSeek, Nvidia, and why foundational models lack a moatHow AI will change the labor market (coders, translators, blue-collar work)AI, Hollywood/TV writing, and the gap between “good enough” and truly excellent workFinal cautions about seductive economic theories and AI hypeMAIN POINTS:MMT in a nutshell: MMT says a government with its own currency can always create money to pay for spending and debt, and that taxes exist mainly to control inflation, create demand for the currency, and shape behavior—not to “fund” spending.Accounting problems in MMT: Emmanuel argues that key MMT figures (especially Stephanie Kelton) made basic accounting errors about government bank accounts and money aggregates like M1, then papered over them with exceptions (e.g., temporary overdrafts at central banks).Why taxes really matter: Even if a government could print money, in practice you need taxes before spending because the Treasury’s accounts can’t just go endlessly negative—and politically, raising taxes fast enough to control inflation is extremely unlikely.Cantillon effect & asset swaps: Paying off debt with newly created money is not a harmless “asset swap.” It channels new money first to financial institutions, inflates asset prices and credit, and ultimately erodes the real value of ordinary people’s cash savings.Real-world inflation is not an accident: In cases like Argentina, Venezuela, Zimbabwe, or Weimar Germany, there were real triggers (droughts, war reparations, commodity shocks), but the hyperinflation came from repeated resort to money printing as the default response.Argentina as a warning: Emmanuel’s personal experiences—suitcases of cash for a normal dinner, unusable mortgages, dollarized house purchases—illustrate how chronic money printing and price controls destroy trust, planning, and basic economic functioning.Javier Milei & austerity: Milei sharply cut deficits and money printing; inflation has fallen quickly. Critics say it’s just recession-driven demand collapse, but Emmanuel notes history shows disinflation often follows when governments stop printing and cut spending.Debt and “we owe it to ourselves”: Government debt is a real intertemporal deal: some people give up current consumption so the state can use resources now, in exchange for more consumption later. Unexpected inflation is an economic default on those savers.Bitcoin skepticism: Bitcoin solves a fascinating technical problem (a decentralized, hard-to-alter ledger), but Emmanuel questions its use as a stable store of value (because of huge volatility) and notes there are other ways to protect savings (equities, etc.).AI bubble dynamics: AI as a technology is here to stay and genuinely useful, but foundational model providers have thin or no moats—methods are public, competitors catch up, and models become commodities competing on price with brutal compute costs.Nvidia and the “shovel sellers”: Chip makers selling GPUs may fare better than model labs, but there are worrying signs (like unsold inventory) that they may be over-producing “shovels” for a gold rush that can’t all pay off.AI startups on top of models: Most AI-powered apps (wrappers for therapy, yoga, productivity, etc.) have almost no defensible edge. Anyone can build similar products, so profits will be squeezed and many will fail.Work & careers in the AI age: He wouldn’t steer a kid away from computer science—but urges them to be at ...
    続きを読む 一部表示
    1 時間 44 分
  • E171: How the Internet Got Tamed: James Corbett on Media & Power

    E171: How the Internet Got Tamed: James Corbett on Media & Power
    2025/12/06

    Independent journalist James Corbett joins Jesse to trace how media, tech, and elite power have reshaped the information landscape—from Time’s 2006 “You” to today’s post-truth, AI-saturated world.

    GUEST BIO:
    James Corbett is an independent journalist and documentary filmmaker based in Japan. Since 2007 he’s run The Corbett Report, an open-source intelligence project covering geopolitics, media, finance, and technology through long-form podcasts, videos, and essays.

    TOPICS DISCUSSED:

    • Time’s 2006 “Person of the Year” and the early optimism of user-generated media
    • Smartphones, YouTube, and the shift to always-on, short-form video
    • Legacy media vs podcasts, Rogan, and long-form conversation
    • Adpocalypse, subscriptions, foundations, and “post-journalism”
    • AI “slop,” dead internet theory, and human vs synthetic content
    • Left–right vs “up–down” (authoritarian vs anti-authoritarian) politics
    • Elite networks and foundations: Rockefeller, Gates, philanthropy as power
    • Climate narratives, health framing, and energy demands of AI
    • Future crises: hot war, financial bubbles, AI and labor, UBI and control

    MAIN POINTS:

    • The early internet briefly empowered ordinary people. Corbett’s own path—from teacher in Japan to reaching millions—shows how 2000s platforms genuinely opened space for bottom-up media.
    • The smartphone changed how we think, not just what we see. Moving from long-form text/audio to short, swipeable video has compressed attention and pushed politics toward slogans and clips.
    • The business model broke journalism before AI did. As ad money fled to platforms, outlets turned to paywalls, patrons, and foundations—pulling coverage toward causes and away from broad public-interest reporting.
    • The real divide is power, not party. Corbett argues we miss the “up–down” axis—authoritarian vs anti-authoritarian—so we keep swapping parties but getting similar outcomes on war, finance, and surveillance.
    • AI and automation are economic and political weapons. If AI displaces labor and the state replaces wages with universal income, whoever controls those payouts gains unprecedented leverage over everyday life.
    • Long-form human conversation is still a resistance strategy. Despite dark trends, he sees deep, sustained, human-made media as one of the few ways left to think clearly and build real communities.

    BEST QUOTES:

    • On the shift since 2006:
      “We went from ‘You are the Person of the Year’ to ‘You are the problem’—from celebrating amateur voices to treating them as a disinformation threat.”
    • On media form and attention:
      “I started in an era where you could play a ten-minute clip inside an hour-long podcast. Now if you go over two minutes, people think you’re crazy.”
    • On politics:
      “Left and right exist, but the missing axis is up and down—authoritarian versus anti-authoritarian. Once you see that, a lot of ‘flip-flops’ make sense.”
    • On AI and control:
      “If the state is the one feeding and clothing you after AI replaces your job, then the state effectively owns you.”

    🎙 The Pod is hosted by Jesse Wright
    💬 For guest suggestions, questions, or media inquiries, reach out at https://elpodcast.media/
    📬 Never miss an episode – subscribe and follow wherever you get your podcasts.
    ⭐️ If you enjoyed this episode, please rate and review the show. It helps others find us.

    Thanks for listening!
    続きを読む 一部表示
    59 分
  • E170: Boomers Didn’t Steal Your Future. This Did - Dr. Jennie Bristow

    E170: Boomers Didn’t Steal Your Future. This Did - Dr. Jennie Bristow
    2025/12/03
    Sociologist Dr. Jennie Bristow joins Jesse to dismantle “generation wars” rhetoric—especially Boomer-blaming—and re-center the real story: stalled economies, broken higher ed, housing dysfunction, and a culture that’s leaving young people anxious and unmoored.Guest bio:Dr. Jennie Bristow is a professor of sociology at Canterbury Christ Church University in the UK and a leading researcher on intergenerational conflict, social policy, and cultural change. She is the author of Stop Mugging Grandma: The Generation Wars and Why Boomer Blaming Won’t Solve Anything and the forthcoming Growing Up in the Culture Wars, which examines how Gen Z is coming of age amid identity politics, pandemic fallout, and collapsing institutional confidence.Topics discussed:How “intergenerational equity” became a fashionable idea among policymakers and millennial commentators after the 2008 financial crisisWhy blaming Baby Boomers for housing, student debt, and climate change hides deeper structural problemsThe role of journalism, English majors, and the broken media business model in manufacturing generational conflictHigher education as a quasi–Ponzi scheme: massification, student loans, and the weak graduate premiumHousing, delayed family formation, and why homeownership is a bad proxy for measuring generational “success”Millennials vs. Gen Z: growing up with 9/11 and the financial crisis vs. growing up with COVID-19 and AIAI, “zombie economies,” and why societies still need real work, real knowledge, and real skillsSocial Security, ageing, low fertility, and what’s actually at stake in pension debatesIdentity politics, culture wars, and how an obsession with personal identity fragments common lifeMedia polarization, rage clicks, and how subscription-driven, foundation-funded journalism blurs into activismMain points & takeaways:Generation wars are a distraction. The Boomer-vs-Millennial narrative was heavily driven by media and policy elites after the 2008 crisis. It channels anger away from structural issues—stagnant productivity, weak labor markets, housing policy failure, and a dysfunctional higher-ed and welfare state.Boomers didn’t “steal the future” — policy did. Baby Boomers are just a large cohort who happened to be born into a period of postwar economic expansion. Treating them as a moral category (“greedy,” “sociopaths”) obscures the role of monetary, housing, education, and labor-market policy choices.Class beats cohort. Within every “generation” there are huge differences: inheritance vs no inheritance, elite degrees vs low-quality credentials, secure jobs vs precarity. Talk of “Boomers” and “Millennials” flattens these class divides into fake demographic morality plays.Housing is a symbol, not the root cause. The rising age of first-time buyers and insane rents are real problems—but they’re manifestations of policy and market failures, not proof that Boomers hoarded all the houses. Using homeownership as the key generational metric gets the story backwards.Higher education is oversold. Mass university attendance, especially in non-vocational fields, has left many millennials and Zoomers with heavy student debt and weak job prospects. Degrees became a costly entry ticket to the labor market without guaranteeing meaningful work or higher wages.AI is a wake-up call, not pure doom. AI will automate a lot of white-collar tasks (journalism, marketing, some finance), but it also exposes how shallow “skills” education has become. Bristow argues students need real knowledge and disciplinary depth so humans can meaningfully supervise and direct AI systems.Ageing and pensions are solvable political questions, not excuses to scapegoat the old. Longer life expectancy and rising dependency ratios do require institutional redesign—but that should mean rethinking work, welfare, and economic dynamism, not treating older people as fiscal burdens to be phased out.Gen Z is growing up in a culture of fractured identity. Instead of being socialized into a shared civic culture, young people are pushed into micro-identities and online culture-war camps. That emphasis on personal identity over common purpose undermines their ability to form stable adult roles.Media business models amplify rage and generational framing. As ad revenue collapsed and subscriptions and philanthropy took over, many outlets shifted toward more partisan, activist-style content. Generational blame is a cheap, emotionally potent frame that fits this economic logic.Top 3 quotes:On the myth of Boomer villainy“Baby Boomers are not a generation of sociopaths who set out to rob the young of their future; they’re just people born at a particular time in history. Turning them into moral scapegoats lets us avoid talking about policy failures.”On universities and the millennial bait-and-switch“We raised millennials to believe they were special, told them to follow their dreams, pushed them into ...
    続きを読む 一部表示
    1 時間 11 分
まだレビューはありません