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29: Understanding The Metaverse, Facebook Rebrands To Meta + The Threat Of Inflation

Not Investment Advice

Is There a Ground Up Culture on Facebook?

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Facebook and instigram are like invisible interfaces for you to create culture on. There is no interface on tiktock, basically, right? Like it's just the stuff that people make. I mean, acquisition is the only way. It feels like just be like, ameica, your pointbloabout place is,. i think the perfect way to think about it is like the you are asking people to spend time somewhere.

Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.

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Timestamps:

0:00:00 – Intro + What Is The Metaverse? Facebook Becomes Meta
0:08:15 – Virtual Worlds + Mark Zuckerberg Presentation
0:12:57 – What Can Facebook Build?
0:18:46 – VR, Black Mirror + Big Tech Rebrands
0:24:30 – Hiring Talent, Culture-Based Products + Hardware
0:28:15 – NIA Going Showbiz
0:30:06 – Threat of Hyperinflation + Cathie Wood’s Deflation Argument
0:37:41 – Money Supply + Supply Chains
0:42:43 – Experiencing Inflation in Vietnam
0:46:49 – Behavioral Outcome + Social Support
0:53:39 – Flexport CEO On Supply Chain
1:00:38 – Jack Worked In A Honda Factory
1:09:43 – Wage Inflation
1:15:36 – Debt Cycles + Labor Market
1:21:09 – Fun Fact Phan: Why US Healthcare Is Tied To Employment

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