This week on Upstream, Byrne Hobart and Erik Torenberg discuss the potential of AI agents in tech support, economic impacts of passive investing, historical financial strategies of Warren Buffett, and the implications of tariffs and technological developments in national wealth.
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LINKS:
Byrne’s writing: https://thediff.co
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X / TWITTER:
@byrnehobart
@eriktorenberg
@turpentinemedia
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TIMESTAMPS:
(00:00) Intro
(00:30) Exploring AI agents and their applications
(04:04) The evolution of return on equity
(12:16) Google’s innovation and strategic moves
(16:27) Sponsors: GiveWell | Squad
(18:58) The impact of tariffs on the economy
(26:47) China’s technological independence
(29:34) The one big shot approach to wealth creation
(30:30) The wealth beyond core businesses
(31:39) The impact of software and AI
(33:47) Technological innovations and GDP
(41:15) The rise and fall of passive investing
(46:46) The gamble of meme coins
(54:40) Buffett’s investment strategies
(01:00:33) Wrap