Pivot Struggles at Dispo, Trump's own social media network, and the 411 on NFTs
Mar 23, 2021
David Yermack, Chairman of the Department of Finance at NYU Stern and an expert in cryptocurrency and NFTs, joins the conversation to unravel the NFT craze and its tumultuous landscape. He discusses the unique ownership rights that NFTs represent and the complexities involved in their market viability. The talk also touches on Dispo's recent struggles with accountability amid allegations against its founder, and the potential implications of Donald Trump's venture into social media, making for a mix of tech, ethics, and economics.
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Ineffective Policies
- Elon Musk's wealth highlights wealth inequality, but Senator Sanders' proposed solutions are ineffective.
- Focus on actionable policies like eliminating capital gains tax deductions instead of broad ineffective proposals.
Antitrust Strategy
- Address Big Tech antitrust issues with smaller, more targeted lawsuits.
- This strategy atomizes the defense, making it harder for tech giants to mobilize their resources against a single, large lawsuit.
Florida Lockdown
- Florida faced new lockdowns due to spring break crowds in Miami Beach, despite having a relaxed approach towards COVID-19 previously.
- This incident reflects a broader trend where inconsistent messaging from leaders can lead to irresponsible behavior and overwhelm local authorities.
