5min chapter

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Dror Poleg: China, Ponzi Schemes, and The "Me" Corporation

Value Hive Podcast

CHAPTER

The Tina Economy

We live in a world where everyone has to take crazy risks and do st stuff. And often the stupidest thing is the more reasonable thing. So i use gangnam style as an example of an economic product of the 20 first century. The utubalgarithm identifies this kind of initial momentum, then amplifies it. It just does a lot of random elements at laying into these things what ends up being successful. Which means you're increasingly reliant on luck - which means that t toure an increasingly risky world.

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