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July 18, 2024

E37: 2024 Election Updates, Partisanship on Wikipedia, and Amazon’s Media Business

E37: 2024 Election Updates, Partisanship on Wikipedia, and Amazon’s Media Business

On this week's episode of The Riff, Erik and Byrne discuss the recent Trump assassination attempt, Wikipedia's reliability issues, Amazon's complex media strategy, and the benefits of America's liquid financial markets.

On this week’s episode of The Riff, Byrne Hobart and Erik Torenberg discuss how the 2024 presidential election has changed, why Wikipedia’s partisanship problem is difficult to solve, and the strategy behind Amazon’s media business.


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RECOMMENDED PODCAST:


Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.


Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

Apple: https://podcasts.apple.com/us/podcast/complex-systems-with-patrick-mckenzie-patio11/id1753399812


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TIMESTAMPS:

(00:00) Intro

(00:20) Case for a boring campaign

(01:49) Impact of Assassination Attempts

(05:20) Sam Altman OpenAI analogy

(06:24) Symbolism in the presidency

(10:17) Role of determination in leadership

(15:16) Presidents role

(18:10) Sponsors: Babbel | Beehiiv

(20:45) Vice presidential pick

(25:16) Algorithmic collusion in real estate

(29:48) David Gerard on Wikipedia

(38:23) The 4chan of Crypto

(42:14) Stable growth stocks

(47:02) Amazon's media business strategy

(53:16) Mission-driven vs. Vanity businesses

(57:00) Benefits of liquidity in American markets

(58:31) Outro


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LINKS:

Byrne’s writing: https://thediff.co

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X / TWITTER:

https://twitter.com/eriktorenberg (Erik)

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)