In This Economy?! cover image

In This Economy?!

A Social Life?! In This Economy?!

Nov 30, 2023
The podcast discusses balancing a social life with financial goals, addressing the impact of social media on FOMO and credit card debt. They explore conducting a financial audit to identify unnecessary expenses, overcoming overspending, and managing the negative emotions associated with FOMO. The chapter emphasizes prioritizing expenses and living a fulfilling life by unfollowing influencers and taking breaks from social media.
33:39

Podcast summary created with Snipd AI

Quick takeaways

  • To address the FOMO created by social media, take occasional detoxes or unfollow triggering accounts.
  • Prioritize spending based on emotional return on investment and find ways to enjoy socializing within financial limitations.

Deep dives

The Importance of Artificial Intelligence for Tech Companies

In the 2010s, tech giants like Google, Facebook, and Meta recognized the criticality of harnessing artificial intelligence (AI) to not only compete but also survive in the AI race. However, researchers within these companies warned of potential devastating consequences if they moved too quickly in developing AI technology.

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