E29: Netflix Banning Password Sharing, The ‘Chinese Spy Balloon’, Google Challenging OpenAI, NFT is Coming to Bitcoin?
Episode Summary:
Today is probably one of our longest and most interesting episodes! We talked about many topics that have just happened and are super relevant to our topics.
We have first of all how NFTs are coming onto bitcoin, and how that might post an existential threat to bitcoin and the communities behind it. We then talked about decentralized Twitter and how that’s posing a challenge to Elon Musk as well.
Plus, Meta (Facebook)’s stock erupted high, beating all analyst estimates. We then talked about the macro events with the unemployment rate and the rate hikes and how they are not in-sync anymore.
We then talked about the ‘Chinese Spy Balloon’ that got shot down by the US fighter jets. Short-term focus from the politicians in the west and long-term focus from countries like Saudi Arabia and the UAE in the Middle East.
Finally, we discussed how Netflix proposed a reversal on its plan for password sharing, and how Google is publishing its own AI to challenge OpenAI finally.
Great show as always, and thank you for your support!
Episode timeline:
(0:22) NFT is coming to bitcoin
(13:34) Decentralized Twitter
(23:03) Meta’s stock erupted high
(26:00) Unemployment rate and rate hikes are not in sync
(30:16) Black swan events and why they matter
(35:11) The ‘Chinese Spy Balloon’
(41:08) Saudi Arabia’s plan to build a ‘mile-long city’
(45:39) The ‘ESG’ scams by developed nations
(52:35) Netflix just proposed and reversed its plan on password sharing
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