The Bill Simmons Podcast The Future of Everything 2023 Edition With Derek Thompson
Feb 15, 2023
Derek Thompson, a writer for The Atlantic and host of Plain English, joins the conversation to shed light on the future of various industries. They analyze last year's biggest mispredictions, especially in tech and finance, while predicting new trends in AI, food, and sports. Thompson discusses Canada's rising basketball talent, the challenges in plant-based diets, and shifting dynamics in media consumption. Mental health in teens is also highlighted, linking increased smartphone use to concerns in youth. A thought-provoking dialogue on contemporary issues unfolds!
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Crypto's Failure as Inflation Hedge
- Crypto was initially believed to be a hedge against inflation.
- However, it behaved like a growth stock and declined with rising inflation, similar to the dot-com bubble.
Crypto's Downfall
- Crypto's downfall can be attributed to its susceptibility to fraud and lack of real-world use cases beyond speculation.
- The FTX implosion exposed the vulnerability of even seemingly reputable crypto ventures.
ChatGPT's Rise
- Bill Simmons questions what the last massively successful product built from scratch was.
- Derek Thompson suggests ChatGPT, despite flaws, has achieved widespread adoption similar to the early iPhone.