In this episode, Byrne Hobart joined Matjaž Leonardis in Austin for an Interintellect salon — a platform for 21st-century intellectual discourse—to discuss his new book Boom: Bubbles at the End of Stagnation, exploring how technological advancements, market paradoxes, and historical and modern financial bubbles — from the Manhattan Project to cryptocurrencies — reveal the complex dynamics between innovation, ideology, ambition, and hyper-financialization in a nonpolitical, high-quality conversation among leading and emerging thinkers.

Interintellect is a creator platform for intellectual seekers to host salons for the 21st century. 

Join the conversation at https://interintellect.com.

Attend or host salons. Connect with our community of intellectual seekers.

For a limited time, members go to all salons for free!

---

Highlights from the Episode:

• 
  Two Types of Bubbles: Extrapolation bubbles predict transformative future changes unlike the past, while mean reversion bubbles project an intensified continuation of past trends.


• 
  Financial Markets and Risk-Taking: Financial markets can both encourage and inhibit innovation.


• 
  Talent Allocation: The sectors where talented individuals choose to work—shifting historically from government to the private sector to finance—profoundly shape the direction and nature of society’s major innovations and projects.


• 
  Different Investment Approaches: George Soros - Identifies momentum and rides bubbles up, then exits when sentiment changes.


• 
  Bubbles and Progress: Many transformative bubbles involve building multiple things in parallel that wouldn't make sense individually.

--

SPONSORS:

NetSuite

More than 41,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

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

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