In this episode, Byrne Hobart and Erik Torenberg discuss how technological changes influence markets and business adaptability. They explore the dynamics and challenges of e-commerce roll-ups, the unique economic incentives of large platforms like Facebook and Google, the complexities of content moderation on social media platforms, and social securities' future liabilities and taxes.
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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.
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SPONSOR: BRAVE
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LINKS:
Byrne’s writing: thediff.co
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X / TWITTER:
@eriktorenberg (Erik)
@byrnehobart (Byrne)
@turpentinemedia (Turpentine)
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TIMESTAMPS:
(00:00) Intro
(00:23) Exploring E-Commerce Roll-Ups and the Amazon Model
(07:13) Big Platforms and User Dynamics
(10:52) Sponsor: Turpentine | Brave
(12:41) The Never-Ending Challenge of Content Moderation
(20:33) How AI Could Transform Advertising
(29:53) Decoding the Economics of Facebook Marketplace
(36:47) Understanding Shrinkflation and Its Impact on Inflation Measurement
(45:46) The Future of Social Security: A Mark-to-Market Proposal
(55:11) Wrap
E20: Content Moderation, AI in Advertising, and the Future of Social Security