AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Joseph Stiglitz on Pioneering Economic Theories, Policy Challenges, and His Intellectual Legacy
Conversations with Tyler
Incentive for Information Creation
The paper argues against the belief in informationally efficient markets, highlighting the flaw that if markets efficiently transmit all information, there would be no incentive to collect information. The concern is raised about entities like Google and AI scraping information without contributing to its creation, potentially reducing incentives for others to produce valuable information.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode