"The Riff" with Byrne Hobart and Erik Torenberg E1: Psychoanalyzing SBF, Crypto Markets, and Byrne's Biggest Influences
Nov 16, 2023
Byrne Hobart and Erik Torenberg discuss his writing for The Diff, his biggest influences, and the fall of Sam Bankman-Fried. They delve into fake jobs in the economy, Byrne's desired historical figure role, Michael Lewis' book 'Going Infinite,' and blogging about prominent people's thoughts.
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Timeless Writing
- Byrne Hobart aims to write timelessly about relevant topics.
- He focuses on the intersection of finance and technology due to their rapid evolution and responsiveness to change.
Ford and the Middle Class
- Ford's high turnover in the 1910s led them to pay well and enforce middle-class norms.
- This inadvertently created the American middle class while simultaneously destroying jobs in other sectors like horse-related industries.
AI's Impact on White-Collar Work
- AI transforms white-collar worker expenses from operational to capital expenditures.
- This shift enables continuous training of AI models on routine tasks, promoting workers to more strategic roles.