Sam Bankman free is an entrepreneur. Jeff Bezos was had tremendous substantive skill as a business leader. If you're a venture capitalist, it's probably hard to tell them apart at the beginning. Sam Bankman Fried has a grandiose vision or he promulgates one. And Jeff Bezos gives you a grandiOSE vision and, you know, which one should we back?
Economist and author Arnold Kling talks with EconTalk host Russ Roberts about the recent drama in the tech world--Elon Musk's acquisition of Twitter, the collapse of FTX, and the appearance of ChatGPT. Underlying topics discussed include the potential for price discrimination to make social media profitable, whether you could tell Jeff Bezos from Sam Bankman-Fried early on, and the role of human beings in the world of artificial intelligence.