Mailbag: Time Capsules, Weird Indexes, and Superhero Powers
Digest
This episode of Morning Brew Daily begins with a sponsor message for Wendy's breakfast burrito. Neil and Toby then discuss what topics they would cover in a time capsule episode for Morning Brew Daily, focusing on AI, AR/VR, and potential antitrust actions against big tech. They then share their favorite and weirdest economic indicators, including the car salesman closing time indicator, the champagne indicator, and the Super Bowl indicator. Toby shares his favorite economic indicators, including the men's underwear index and haircut frequency. Neil and Toby discuss their favorite episodes of Morning Brew Daily, highlighting the Silicon Valley Bank crisis episode and the episode following it. Toby shares his favorite part of doing Morning Brew Daily, which is delivering news in a way that doesn't make people feel bad about the world. Neil explains the preparation process for the podcast, which involves extensive research and writing. Toby discusses his nervousness before the show, which has decreased over time. Neil and Toby discuss the moment they realized their podcast was becoming successful, attributing it to switching the release time to earlier in the morning. A sponsor message for Public.com's bond account is followed by a discussion about the importance of innovation in business and how Miro's innovation workplace can help teams achieve faster results. Neil and Toby discuss their plans for sick days and the possibility of a solo episode. They reflect on their career paths and offer advice to a recent graduate. Neil and Toby discuss how they met and Toby's decision to root for the Indiana Hoosiers in college football. Neil and Toby answer rapid fire questions, including their superhero names, the fruit they could throw the hardest, their favorite font, and their ideal high-speed rail route.
Outlines
Future Trends and Economic Indicators
Neil and Toby discuss future trends, including AI, AR/VR, and potential antitrust actions against big tech. They also share their favorite and weirdest economic indicators, such as the car salesman closing time indicator, the champagne indicator, and the Super Bowl indicator.
Podcast Production and Success
Toby shares his favorite economic indicators, including the men's underwear index and haircut frequency. Neil and Toby discuss their favorite episodes of Morning Brew Daily, highlighting the Silicon Valley Bank crisis episode and the episode following it. Toby shares his favorite part of doing Morning Brew Daily, which is delivering news in a way that doesn't make people feel bad about the world. Neil explains the preparation process for the podcast, which involves extensive research and writing. Toby discusses his nervousness before the show, which has decreased over time. Neil and Toby discuss the moment they realized their podcast was becoming successful, attributing it to switching the release time to earlier in the morning.
Innovation and Career Advice
A sponsor message for Public.com's bond account is followed by a discussion about the importance of innovation in business and how Miro's innovation workplace can help teams achieve faster results. Neil and Toby discuss their plans for sick days and the possibility of a solo episode. They reflect on their career paths and offer advice to a recent graduate.
Personal Reflections and Rapid Fire Questions
Neil and Toby discuss how they met and Toby's decision to root for the Indiana Hoosiers in college football. Neil and Toby answer rapid fire questions, including their superhero names, the fruit they could throw the hardest, their favorite font, and their ideal high-speed rail route.
Keywords
AI
Artificial intelligence (AI) refers to the simulation of human intelligence processes by computer systems. It encompasses various techniques, including machine learning, deep learning, and natural language processing, to enable machines to perform tasks that typically require human intelligence, such as learning, problem-solving, and decision-making.
AR/VR
Augmented reality (AR) overlays digital information onto the real world, enhancing the user's perception. Virtual reality (VR) immerses users in a completely digital environment, creating a simulated experience. Both technologies are rapidly evolving and have applications in various industries, including gaming, entertainment, education, and healthcare.
Antitrust
Antitrust laws aim to prevent monopolies and promote competition in the marketplace. They regulate business practices that could harm consumers, such as price fixing, market allocation, and predatory pricing. Antitrust enforcement actions can involve investigations, lawsuits, and regulatory measures to ensure fair competition.
Economic Indicators
Economic indicators are statistical measures that provide insights into the health and performance of an economy. They can be leading, lagging, or coincident, depending on their relationship to economic cycles. Examples include GDP growth, unemployment rate, inflation rate, and consumer confidence index.
Innovation Workplace
An innovation workplace is a collaborative environment that fosters creativity, experimentation, and the development of new ideas. It typically involves a combination of physical spaces, digital tools, and organizational processes that support innovation. Key elements include open communication, cross-functional teams, access to resources, and a culture that encourages risk-taking and experimentation.
Podcast Production
Podcast production involves the process of creating and distributing audio content. It encompasses various stages, including planning, recording, editing, mixing, and publishing. Effective podcast production requires attention to detail, technical expertise, and a clear understanding of the target audience.
Career Advice
Career advice encompasses guidance and recommendations related to career development, job searching, and professional growth. It can include tips on networking, resume writing, interview preparation, and career planning. Effective career advice should be tailored to the individual's skills, interests, and goals.
Q&A
What are some of the key topics that will likely be important in the future and would be worth documenting in a time capsule episode of Morning Brew Daily?
Neil believes that AI, AR/VR, and potential antitrust actions against big tech will be significant topics in the future, shaping the technological landscape and potentially impacting the economy and society.
What are some unusual economic indicators that can provide insights into the health of the economy?
Neil and Toby discuss several unconventional economic indicators, including the car salesman closing time indicator, the champagne indicator, and the Super Bowl indicator, which suggest that consumer behavior and spending patterns can reflect broader economic trends.
What is the most important aspect of preparing for the Morning Brew Daily podcast?
Neil emphasizes the importance of thorough research and preparation, stating that it is crucial to understand the topics being discussed in order to present them articulately and engagingly.
How did the Morning Brew Daily podcast achieve significant growth?
Neil and Toby attribute the podcast's growth to switching the release time to earlier in the morning, which aligned the content with the target audience's consumption habits and increased visibility in their feeds.
What advice would you give to a recent graduate who is unsure about their career path?
Neil and Toby advise recent graduates to follow their interests, take risks, and be open to unexpected opportunities, as career paths often evolve and take unexpected turns.
Show Notes
Episode 430: Neal and Toby answer some questions from listeners and they do not hold back. They cover news stories they would put in a time capsule, their favorite or weird economic indexes, and reflect back on their favorite stories so far. Also, some behind the pod insights on how they prepare, how long it takes to put together an episode, if Kyle Hagge is constantly waiting on the sidelines to sub in. Lastly, a rapid fire round to answer all your quirky questions.
00:00 - Intro
1:40 - Time capsule
4:00 - Favorite or weird economic index
7:33 - Fave episode of MBD?
8:30 - Fave part of doing MBD?
9:30 - Average time of prep
11:15 - Does Toby get nervous still?
12:00 - Success of the pod?
13:55 - Ever call in sick?
14:55 - Career choice
17:00 - How did Neal and Toby meet?
18:00 - Toby’s college team
19:30 - Rapid fire questions
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