Definitely (Maybe) Dynamic Booms and Busts
Description
We’re back from summer break and we want to revisit some past pods as they get dragged into the current of current events, making our predictions as good - or even better - than the AI led herd. Today we’ve got a slew of stories to unpack, from AI Fakes and our podcast with the now-under-threat CEO of Boomy, the unwinding of the greatest money making machine you never heard of, and in Part Two revisiting our Ticketmaster / Live Nation show and the current fiasco of dynamic pricing for Oasis tickets.
For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com
You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/
More on Will Page at: https://pivotaleconomics.com
(Times below correspond to the episode without considering any inserted advertisements.)
In this episode of 'Bubble Trouble,' hosts Richard Kramer and Will Page dive into two major topics affecting today's financial and entertainment markets. They discuss the recent fraudulent activities surrounding AI-generated music streams, detailing the $10 million scam involving fake fans and manipulated royalties. Moving on, they shed light on the Oasis ticketing debacle, where surge pricing and market manipulation led to skyrocketing ticket prices and public outcry. Throughout the episode, they revisit past discussions, particularly focusing on market turbulence and the intricacies of carry trades. The hosts promise more exciting content and insights into market dynamics as they kick off their autumn season.
00:00 Introduction and Welcome Back
01:08 Part One
01:33 Reflecting on Past Episodes
02:11 Summer Break and Market Turbulence
03:42 Understanding Carry Trades
09:46 Nvidia's Market Impact
13:07 AI Music Fraud Scandal
23:41 Part Two
23:41 Oasis Ticket Fiasco
24:59 Ticket Demand and Dynamic Pricing
26:30 Surge Pricing vs. Dynamic Pricing
30:58 The Role of Ticketmaster and Market Manipulation
36:03 Potential Solutions and Future Outlook
43:07 Concluding Thoughts and Wrap-Up
43:48 Credits
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