Planet Money cover image

Planet Money

Never have I ever

Nov 8, 2023
0
28:51
Snipd AI
Researchers leave their ivory towers to experience real-world economics, including visiting a chain restaurant and a repair shop. The misunderstood Luddites and workers confronting technology are explored. The impact of self-driving trucks on truck drivers is discussed, as well as the decline of the Teamster labor market due to automation.
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Podcast summary created with Snipd AI

Quick takeaways

  • Moderately expensive chain restaurants are places where people from diverse socioeconomic backgrounds interact the most based on cell phone tracking data.
  • The negative perception of Luddites needs to be reassessed, as they had valid concerns about the impact of new technologies on their livelihoods.

Deep dives

Socioeconomic Diversity and Chain Restaurants

Using cell phone tracking data, researchers discovered that moderately expensive chain restaurants, such as Applebee's and Olive Garden, are the locations where people from diverse socioeconomic backgrounds are most likely to interact.

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