"Upstream" with Erik Torenberg

This episode was initially recorded before a live audience in 2018. Erik talks with Naval Ravikant and Balaji Srinivasan about the history of money and centralization and why crypto has the potential to fulfill the promise of the internet. Access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com and mention “Turpentine” to skip the waitlist. -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. -- RECOMMENDED PODCAST:  The AI Daily Brief If you’re looking for an edge to stay up to date on everything AI, subscribe to Nathaniel Whittemore's AI Daily Brief which delivers tight episodes covering all things AI from legislation to new technologies to the philosophical debates around generalized intelligence.  Spotify:  https://open.spotify.com/show/7gKwwMLFLc6RmjmRpbMtEO Apple: https://podcasts.apple.com/us/podcast/the-ai-daily-brief-formerly-the-ai-breakdown/id1680633614 -- SPONSOR: BEEHIIV | SQUAD Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Squad:💥 Access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com and mention “Turpentine” to skip the waitlist. -- Recommended Podcast: Company Breakdowns Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episode is on Rubrik - which just IPO'd. Coming up this season: Databricks, Reddit + more, Spotify Apple -- TIMESTAMPS: (00:00) Intro (00:30) Decentralization and Blockchain: A Deep Dive with Naval Ravikant and Balaji Srinivasan (06:22) Personal Journeys into the World of Cryptocurrency (08:27) Debating Bitcoin vs. Blockchain: Perspectives and Predictions (12:22) Sponsors: Squad | Turpentine (14:33) The Social and Economic Implications of Blockchain Technology (19:55) Blockchain Beyond Money: Envisioning Future Applications (22:43) Crypto as a Social Phenomenon: Tribalism and Governance (28:10) Envisioning a Decentralized Future: Microeconomics and Global Impact (31:36) The Irony of Missing Out: Venture Capitalists and Karma (36:02) The Global Impact of Blockchain on Identity and Ownership (36:54) Navigating Regulations in a Decentralized Economy (38:29)The Role of Crypto in Redefining Wealth Distribution (40:05) Balaji and Naval's Vision (46:48) What Do Failure Models Look Like? (51:43) How Blockchain Can Provide New Career Opportunities, Not Just In Silicon Valley (53:33) The Potential and Challenges of Emerging Technologies (54:55) Identity in a Blockchain World (58:23) On Blockchain Intersecting With Other Emerging Technologies (59:57) What Types Of Players Are Going To Be The Big Winners And Losers? (1:00:56) Empowering the Next Generation of Builders (1:04:04) Visionary Ideas for Changing the World (1:05:41) Wrap -- X / TWITTER: https://twitter.com/naval (Naval) https://twitter.com/balajis (Balaji) https://twitter.com/eriktorenberg (Erik) https://twitter.com/Upstream__Pod (Upstream) https://twitter.com/TurpentineMedia (Turpentine) -- For guest or sponsorship inquiries please contact Sam@turpentine.co Music license: OYOCYNQ0XUH22PB8

This week on Upstream, Erik is joined by Nathan Labenz and Noah Smith for a deep dive on how AI will impact job markets, the social contract, and the role of the government. Access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com and mention “Turpentine” to skip the waitlist. -- RECOMMENDED PODCAST:  The AI Daily Brief If you’re looking for an edge to stay up to date on everything AI, subscribe to Nathaniel Whittemore's AI Daily Brief which delivers tight episodes covering all things AI from legislation to new technologies to the philosophical debates around generalized intelligence.  Spotify:  https://open.spotify.com/show/7gKwwMLFLc6RmjmRpbMtEO Apple: https://podcasts.apple.com/us/podcast/the-ai-daily-brief-formerly-the-ai-breakdown/id1680633614 -- SPONSORS: BEEHIIV | SQUAD | BRAVE Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Squad:💥 Access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com and mention “Turpentine” to skip the waitlist. Brave: Get first-party targeting with Brave’s private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. -- Recommended Podcast: Company Breakdowns Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episode is on Rubrik - which just IPO'd. Coming up this season: Databricks, Reddit + more, Spotify Apple -- TIMESTAMPS: (00:00) Intro (00:50) AI and the Future of Employment (03:57) The Intersection of AI, Robotics, and Biotech (05:00) Economic Disruption (06:40) Future of Jobs in an AI-Dominated World (08:27) AI's Impact on Economy (10:34) Pessimism Surrounding AI's Economic Impact (12:17) Comparative Advantage in the AI Era (13:50) AI Replacing Human Jobs (19:03) Sponsor: Squad | Brave (21:24) New Social Contract in the AI Era (34:38) Human Wages in an AI-Dominated Economy (39:36) Impact of AI on Job Market (41:45) Fear of AI Taking Over Human Jobs (47:51) Role of Government in AI Development (50:09) Potential Risks and Benefits of AI (53:15) Future of AI and Its Social Impact (58:38) Fear of Totalitarian States and AI (01:03:13) The Need for a Positive Vision for AI (01:11:03) Wrap up -- X / TWITTER: https://twitter.com/noahsmith (Noah) https://twitter.com/Labenz (Nathan) https://twitter.com/eriktorenberg (Erik) https://twitter.com/Upstream__Pod (Upstream) https://twitter.com/TurpentineMedia (Turpentine) -- For guest or sponsorship inquiries please contact Sam@turpentine.co

This week on Upstream, Erik is joined by David Friedman for a deep dive on anarcho-capitalism, utilitarianism, and more. To get Brave: Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. -- Recommended Podcast: Company Breakdowns Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episode is on Rubrik - which just IPO'd. Coming up this season: Databricks, Reddit + more, Spotify Apple - Autopilot explores the adoption and rollout of AI in the industries that drive the economy and the dynamic founders bringing rapid change to slow-moving industries. From law, to hardware, to aviation, Will Summerlin interviews founders backed by Benchmark, Greylock, and more to learn how they're automating at the frontiers in entrenched industries. Listen on Spotify: https://open.spotify.com/show/6YQZkKHN7EP2yWedAvSxBC?si=18377c69a2804333 Listen on Apple: https://podcasts.apple.com/ca/podcast/autopilot-with-will-summerlin/id1738163836 -- SPONSOR: BEEHIIV | BRAVE | SQUAD Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Get first-party targeting with Brave’s private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. 💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist. -- Timestamps: (00:00) Intro (00:46) The Friedman Family's Intellectual Lineage (03:18) Market Failures and Government Intervention (06:11) Privatizating Everything (09:33) The Mechanics of Anarcho-Capitalism (12:47) Why David Isn't a Utilitarianism (16:33) Midroll: Brave | Turpentine (18:19) David's Moral Framework (23:36) Is Global Coordination Possible? (30:46) Privatizing Military and National Defense (32:54) Addressing Poverty in an Anarcho-Capitalist World (35:40) Competitive Dictatorship (40:54) Historical Precedents for Private Law (42:31) The Inefficiency of Governments (44:06) Coordination under Decentralization vs Centralization & Surveillance Capitalism (55:07) Law & Punishment under Anarcho-Capitalism (58:28) The Problems with Restorative Justice (01:07:31) Addressing Common Criticisms of Market Systems (01:14:41) Exploring the Moral Case for Economic Growth (01:16:26) Existential Risks from Global Warming, AI, Nanotech, and Biotech (01:18:49) The Market's Short-Term vs. Long-Term Dilemma (01:20:13) Utilitarian Thought Experiment (01:22:03) Income Sharing Agreements (01:26:20) Equality of Opportunity vs. Outcome (01:30:15) Why Do We Care about Equality? (01:47:40) Anarcho-Capitalism and Crypto (01:51:04) David's Legacy -- LINKS: David's Website: http://www.daviddfriedman.com/ -- X / TWITTER: https://twitter.com/eriktorenberg (Erik) https://twitter.com/Upstream__Pod (Upstream) https://twitter.com/TurpentineMedia (Turpentine) -- Upstream is a production from Turpentine Producer: Sam Kaufman Editor: Eul Jose Lacierda For guest or sponsorship inquiries please contact Sam@turpentine.co

In this special roundtable episode, Erik Torenberg is joined by Brad Hargreaves (the founder of Common, co-founder of General Assembly, and writer of Thesis Driven) and Noah Smith (podcast host, economist and writer of Noahpinion). They discuss the future of real estate and housing in America, the impact of regulations, and the potential of new cities. 📖 RECOMMENDED PODCAST: Econ 102 is Noah and Erik's podcast diving into the news, business, culture and society from the lens of economics. https://podcasts.apple.com/us/podcast/econ-102-with-noah-smith-and-erik-torenberg/id1696419056 Thesis Driven is a podcast hosted by Brad Hargreaves features conversations with the leading voices at the intersection of real estate, cities, innovation, and the built world. https://podcasts.apple.com/us/podcast/thesis-driven-leader-series/id1724813949 **These shows are produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. _ SPONSOR: BEEHIIV | BRAVE | SQUAD Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Get first-party targeting with Brave’s private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. 💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist. – Links: Noahpinion’s https://www.noahpinion.blog Thesis Driven https://www.thesisdriven.com/ – X / TWITTER: @bhargreaves (Brad) @eriktorenberg (Erik) @noahpinion (Noah) @TurpentineMedia (Turpentine) – TIMESTAMPS (00:00) Intro (00:28) Understanding Real Estate Economics (01:34) Role of Technology in Real Estate (02:22) 2008 Financial Crisis and Real Estate (06:31) Role of Banks in Real Estate (10:14) Future of Real Estate and Housing (16:01) Sponsor: Brave | Turpentine (17:44) Impact of Regulations (24:51) Real Estate Architecture’s Evolution (29:48) Role of Developers in Real Estate (40:21) Challenges of Building State Capacity (51:53) Potential of New Cities (01:00:33) Success of New Urbanist Towns (01:01:53) Wrap

This week on Upstream, Erik is joined by Alex Blania, who, with Sam Altman, co-founded Tools for Humanity, the organizarion behind Worldcoin. Erik and Alex go deep on Worldcoin, AGI, and other future tech. To get Brave: Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. -- RECOMMENDED PODCAST: Sourcery by Molly O'Shea Sourcery by Molly O’Shea brings the conversations founders and investors have behind closed doors into the light. Subscribe for upcoming episodes with: Delian Asparouhov of Founders Fund and Varda Space, and Chris Power of Hadrian. Spotify: https://open.spotify.com/show/2Ni3Tese9CtZa3oxpCjgTg YouTube: https://www.youtube.com/@SourceryVC -- SPONSOR: BEEHIIV | BRAVE | SQUAD Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Get first-party targeting with Brave’s private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. 💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist. -- LINKS: Worldcoin: https://worldcoin.org/ -- TIMESTAMPS: (00:00) Intro (01:16) WorldCoin: From AI to Cryptocurrency (06:02) Solving the Proof of Identity Problem (10:11) The Orb: A Revolutionary Biometric Device for WorldCoin (12:53) Sponsor - Brave | (13:58) Turpentine Ad (14:36) Addressing Privacy Concerns and Misunderstandings of WorldCoin (15:50) WorldCoin as the Largest Financial Network (17:06) Navigating Controversies and the Future of WorldCoin (20:05) On Building WorldCoin (25:56) Engaging with Governments and the Global Landscape (28:29) Safeguarding WorldCoin and the Influence of Vitalik Buterin (31:10) Partnerships, Lessons from Sam Altman, and AGI's Future (38:06) Exploring Other Game-Changing Technologies (42:14) WrapX / TWITTER: @alexblania (Alex) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- Upstream is a production from Turpentine Producer: Sam Kaufman Editor: Eul Jose Lacierda

This week on Upstream, Erik is joined by Igor Kurganov, poker player and founder of Raising for Effective Giving. They discuss similarities between poker and Effective Altruism, the successes and failures of EA, and where EA should go next. To get Brave: Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. -- RECOMMENDED PODCAST: Investing City The Investing City Podcast helps you improve at investing, business, and life: learn from some of the brightest minds in business such as the CEO of Walmart, Morgan Housel, or billion-dollar fund managers. Listen on Spotify: https://open.spotify.com/show/7tV2EIrKXXUPxO0jpUaLlX Listen on Apple: https://podcasts.apple.com/us/podcast/the-investing-city-podcast/id1448079153 -- SPONSOR: BEEHIIV | BRAVE | SQUAD Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Get first-party targeting with Brave’s private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. 💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist. -- LINKS Raising for Effective Giving: https://reg-charity.org/ -- X / TWITTER: @IgorKurganov (Igor) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro (01:01) Math, Poker and Igor’s Journey into Effective Altruism (03:40) The Evolution of Effective Altruism (05:15) Critiques and Challenges of Effective Altruism (08:00) Limitations and Misapplications of Effective Altruism (10:42) Effective Altruism’s Approach to AI Safety and Pandemic Risks (12:54) Igor on Criticisms and Misunderstandings of EA (17:17) Sponsor - Brave (18:19) The Balance between Centralization and Decentralization in Effective Altruism (24:41) Utilizing Philanthropy to Address Market Failure (26:41) Critique of Utilitarianism (29:29) The Influence of Politics in EA (40:13) Appreciating Effective Altruism (42:31) Will EA be Here to Stay? (47:24) Wrap -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Eul Jose Lacierda

This week on Upstream, Erik is joined by Liron Shapira to discuss the case against further AI development, why Effective Altruism doesn’t deserve its reputation, and what is misunderstood about nuclear weapons. Upstream is sponsored by Brave: Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. -- RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj -- We’re hiring across the board at Turpentine and for Erik’s personal team on other projects he’s incubating. He’s hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: https://eriktorenberg.com. -- SPONSOR: BEEHIIV | BRAVE | SQUAD Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Get first-party targeting with Brave’s private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. 💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist. -- LINKS Pause AI: https://pauseai.info/ -- X / TWITTER: @liron (Liron) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro and Liron's Background (01:08) Liron's Thoughts on the e/acc Perspective (03:59) Why Liron Doesn't Want AI to Take Over the World (06:02) AI and the Future of Humanity (10:40) AI is An Existential Threat to Humanity (14:58) On Robin Hanson's Grabby Aliens Theory (17:22) Sponsor - Brave (18:20) AI as an Existential Threat: A Debate (23:01) AI and the Potential for Global Coordination (27:03) Liron's Reaction on Vitalik Buterin's Perspective on AI and the Future (31:16) Power Balance in Warfare: Defense vs Offense (32:20) Nuclear Proliferation in Modern Society (38:19) Why There's a Need for a Pause in AI Development (43:57) Is There Evidence of AI Being Bad? (44:57) Liron On George Hotz's Perspective (49:17) Timeframe Between Extinction (50:53) Humans Are Like Housecats Or White Blood Cells (53:11) The Doomer Argument (01:00:00) The Role of Effective Altruism in Society (01:03:12) Wrap -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Eul Jose Lacierda For guest or sponsorship inquiries please contact Sam@turpentine.co

This week on Upstream, Erik is joined by Rob Henderson, psychologist and author of the newly released Troubled: A Memoir of Foster Care, Family, and Social Class. They discuss dating, cancel culture, luxury beliefs, and more. Upstream is sponsored by Brave: Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. --- RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj --- We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: https://eriktorenberg.com. -- SPONSOR: BEEHIIV | BRAVE Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Get first-party targeting with Brave's private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. -- LINKS Buy Rob's book: https://www.amazon.com/Troubled-Memoir-Foster-Family-Social/dp/1982168536 Rob's Newsletter: https://www.robkhenderson.com/ -- X / TWITTER: @robkhenderson (Rob) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro (01:03) Rob Henderson's unlikely journey from foster care to academia (04:00) The importance of childhood stability (07:48) Upward mobility is not the ultimate goal (11:43) Sponsor | Brave (12:46) How to improve discussions around family and class (18:47) Understanding luxury beliefs (25:06) Why do dumb ideas capture smart people? (31:15) The impact of dating apps on relationships (38:01) How technology will affect relationships and gender dynamics (58:07) The future of higher education (01:10:03) How to improve foster care (01:12:50) Rob's time in the military (01:18:57) Rob's future goals -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Michelle Poreh For guest or sponsorship inquiries please contact Sam@turpentine.co

This week on Upstream, Erik is joined by Lyn Alden, an investment strategist known for her unique blend of engineering, tech, and finance expertise. They discuss her book Broken Money, macro trends, and her best advice in the face of an uncertain economic future.  Upstream is sponsored by Brave: Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. --- RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj --- RELATED SHOW: 10x Capital Podcast Check out our show The 10x Capital Podcast with David Weisburd, where David talks to the investors behind the investors: https://10xcapitalpodcast.com/ --- We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: https://eriktorenberg.com. -- SPONSOR: BEEHIIV | BRAVE Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Get first-party targeting with Brave's private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. -- LINKS Buy Lyn's book: https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG8985FR Lyn's website: https://www.lynalden.com/ -- X / TWITTER: @LynAldenContact (Lyn) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro (01:30) Lynn's book 'Broken Money' (09:19) The rise and fall of monetary orders (14:18) How technology affects money (19:48) Sponsor | Brave (20:51) The effects of a global reserve currency (27:28) The future of the dollar (34:09) Inflation and interest rates (44:42) What are the interesting disagreements about Lyn's ideas? (47:22) The implications of national debt (51:34) What will the effects of Lyn's ideas be? (56:50) Wrap -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Michelle Poreh For guest or sponsorship inquiries please contact Sam@turpentine.co

On this episode of Upstream, Erik sits down with e/acc founder Bayeslord and writer Nadia Asparouhova to discuss the foundations and future of the e/acc movement. Upstream is sponsored by Shopify: https://shopify.com/torenberg for a $1/month trial period. --- RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj -- Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we cover better dating apps, references as a service, and WeWork for productivity. Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify: https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv -- SPONSOR: Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Shopify - https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all ecommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one ecommerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/torenberg. -- LINKS Bayeslord's and Nadia's article: https://www.piratewires.com/p/ethos-divine-age -- X / TWITTER: @bayeslord @nayafia (Nadia) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Episode Preview (01:40) Understanding the Perception of E/ACC (03:14) The Impact of E/ACC on Tech Culture (05:38) Nadia's Perspective on E/ACC (14:30) Evolution of Tech Culture (16:55) SPONSOR: SHOPIFY (29:55) Influence of Elon Musk on Tech Culture (45:07) Leadership in E/ACC (47:05) Understanding Journalistic Patterns & Social Dynamics (48:36) Impact of Social Media (49:40) Role of AI in Shaping the Future (50:50) Social Impact of Technology: A Critical View (52:44) Dichotomy of Tech: Good or Bad? (53:42) Evolution of Web 2.0 and Its Consequences (55:30) Future of AI and Potential Risks (57:31) Philosophy of E/ACC (01:26:14) The Future of E/ACC: Phase Two and Beyond -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Michelle Poreh For guest or sponsorship inquiries please contact Sam@turpentine.co

On this episode of Upstream, Erik sits down with Tyler Cowen to discuss Harvard, AI, Javier Milei's legacy, the value of non-legibility in talent spotting, and more. Upstream is sponsored by Shopify: https://shopify.com/torenberg for a $1/month trial period. -- RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj -- We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. -- Listen to the 10X Capital Podcast: https://10xcapitalpodcast.com/ -- SPONSOR: Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Shopify - https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all ecommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one ecommerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/torenberg. -- LINKS Read Tyler's new book for free: https://econgoat.ai/ Tyler's blog: https://marginalrevolution.com -- X / TWITTER: @tylercowen (Tyler) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro (02:48) Tyler's new book GOAT: Who is the Greatest Economist of all Time and Why Does it Matter? (05:19) Javier Milei and dismantling bureaucracy (08:50) Who is the GOAT economist? (12:29) AI, economic growth, and fertility (16:58) Sponsor | Shopify (18:34) Policies for managing population decline (28:44) Emergent Ventures & talent spotting (31:59) The value of non-legibility (33:25) Predictions about Harvard (35:38) The Future of Higher Education (37:45) How Twitter and Harvard are related (40:22) How to think about group differences (43:43) Bronze Age Pervert on Nietzsche and postliberalism (46:45) Rawls's veil of ignorance (48:19) Tyler on his career and legacy (52:45) The future of the University of Austin (56:58) Wrap -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Michelle Poreh For guest or sponsorship inquiries please contact Sam@turpentine.co

This week on Upstream, political scientist and writer Ricard Hanania returns to the show. Erik and Richard discuss wokeness, the Israel-Palestine conflict, the mythos of the modern right, Richard's upcoming debate with Curtis Yarvin, and more. Upstream is sponsored by Shopify: https://shopify.com/torenberg for a $1/month trial period. -- RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj -- We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. -- SPONSOR: Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Shopify - https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all ecommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one ecommerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/torenberg. -- LINKS Richard's Substack: https://substack.com/@richardhanania Tickets to Richard's debate with Curtis Yarvin: https://www.eventbrite.com/e/yarvin-vs-hanania-monarchy-vs-democracy-moderated-by-anna-khachiyan-tickets-796276132347 -- X / TWITTER: @RichardHanania (Richard) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro (02:31) Wokeness, DEI, and the removal of university presidents (06:44) How the Israel-Palestine conflict is affecting DEI (08:22) American sentiment towards Israel-Palestine (17:09) Sponsor | Shopify (18:46) Richard's foreign policy perspective on Israel-Palestine (23:02) Nietzschean Liberalism (25:39) How much truth can people take? (30:44) Technology as a spiritual north star (32:39) Reactionary feminism (38:34) Male status & birth rates (41:49) How important is IQ? (45:29) How to discuss difficult truths (48:00) Richard's debate with Curtis Yarvin (54:39) Understanding Effective Altruism -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Michelle Poreh For guest or sponsorship inquiries please contact Sam@turpentine.co

This week on Upstream, the tables are turned, and Erik is sitting in the guest seat. We're airing an episode the podcast Where It Happens hosted by Greg Isenberg. Greg and Erik discuss B2B creators, how to find profitable niches, how to monetize media businesses, and more. Upstream is sponsored by Shopify: https://shopify.com/torenberg for a $1/month trial period. -- RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj -- We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. -- SPONSOR: Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Shopify - https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all ecommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one ecommerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/torenberg. -- LINKS Greg's newsletter: https://www.gregisenberg.com/ Greg's YouTube channel: https://www.youtube.com/@GregIsenberg -- X / TWITTER: @gregisenberg (Greg) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro (01:54) The rise of the B2B creators (04:30) Are podcasts worth investing in? (09:40) How to spot a profitable niche (11:57) Podcast acquisitions and partnerships (15:55) Sponsor | Shopify (19:04) Why media businesses are undermonetized (29:29) Producers are going to overtake Creators (39:31) Is there enough room for B2B creators? (45:15) Businesses that are too good for Venture Capital (52:55) Steal Erik’s free start up ideas -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co. Producer: Sam Kaufman Editor: Michelle Poreh For guest or sponsorship inquiries please contact Sam@turpentine.co

In this episode of Upstream, Erik sits down with theoretical physicist and startup founder Steve Hsu. They discuss political polarization in academia, the fertility crisis, AI, and more. -- RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj -- SPONSORS: Beehiiv | Shopify Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. Shopify: https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all ecommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one ecommerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/torenberg. -- LINKS Superfocus: https://superfocus.ai/ Othram: https://othram.com/index.html Manifold: https://www.manifold1.com/ -- X / TWITTER: @hsu_steve (Steve) @eriktorenberg (Erik) @upstream__pod @turpentinemedia -- TIMESTAMPS: (00:00) Intro (02:21) Political polarization in academia (05:47) The decline of meritocracy in academia (10:00) Why can't academia change? (13:27) Truth-seeking in startups (20:36) Sponsor: Shopify (23:36) The fertility crisis (32:11) AI and labor (41:06) What industries are safe from AI automation? (44:05) AI Safety vs accelerationism (47:51) Understanding the rise of China (58:46) The future of the US/China relationship (01:00:41) How does Steve allocate his time? (01:04:41) Steve's suggestions for underexplored opportunities -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co Producer: Sam Kaufman Editor: Michelle Poreh For guest or sponsorship inquiries please contact Sam@turpentine.co

On today's Upstream, Erik interviews Itay Vinik to get an overview of the markets and current macro environment, learn frameworks for adjusting an investing strategy based on rising or falling interest rates, and debunk common investment myths. They cover the Federal Reserve's role in a globalized economy, discuss the strategies that stabilize markets, and evaluate different asset classes during economic shifts. Upstream is sponsored by Shopify: https://shopify.com/torenberg for a $1/month trial period. Itay Vinik is the Co-Founder & Chief Investment Officer at Equi (https://www.equi.com/), an alternative investment platform that brings investment strategies to accredited investors. - RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj – We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. – SPONSORS: BEEHIIV | SHOPIFY Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.  🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. SHOPIFY: https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all e-commerce in the US. And Shopify’s the global force behind Allbirds, Rothy’s, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you’re selling, Shopify’s got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/torenberg – X / TWITTER: @vinikitay @eriktorenberg @upstream__pod @turpentinemedia – TIMESTAMPS: (00:00) Intro (04:57) Understanding Alternative Investments (12:21) The Impact of Interest Rates on Investments (14:00) Sponsors: Shopify (17:59) Understanding the Role of the Fed (23:52) Investing Strategies for Different Economic Conditions (33:52) Debunking the Inverse Correlation of Stocks and Bonds (35:44) Stock Market vs. Real Economy (42:24) Predicting a Potential Recession (42:34) The Fed's Track Record and the Possibility of a Rate Hike (44:03) The Consequences of Increasing Rates (44:50) Understanding Quantitative Easing and Tightening (47:10) The Role of the Fed in Money Creation (01:10:19) The Impact of Globalization on the Fed's Decisions (01:13:22) Understanding China's Currency Manipulation (01:14:37) The Debate on Passive vs Active Investing (01:20:09) The Power of Real Estate in Wealth Creation This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.