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Not Investment Advice

170: Hawk Tuah, Best Meme Days in 2024 & The Economics of Olympics

Jun 25, 2024
49:07
Snipd AI
Guest Hawk Tuah discusses the monetization of viral moments, the best meme days in 2024, and the economics of hosting the Olympics. The hosts reflect on turning online fame into revenue, the challenges of sustaining profitability from short-lived fame, and the legacy of hosting big events like the Olympics.
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Podcast summary created with Snipd AI

Quick takeaways

  • Host cities face economic challenges due to fixed deadlines and excessive spending on infrastructure.
  • Reusing existing facilities proves to be more cost-effective for cities hosting the Olympics.

Deep dives

Economic Challenges of Hosting the Olympics

Cities hosting the Olympics often face economic challenges due to factors like fixed deadlines, penalties for non-compliance, and rigid project parameters. Excessive spending on infrastructure and obligations to the International Olympic Committee contribute to budget overruns. Reusing existing facilities, like London and Paris attempted, proves to be more cost-effective.

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