Complex Systems with Patrick McKenzie (patio11)
autor: Patrick McKenzie
Najnowszy odcinek
Why SoftBank paid me 17 yen to skip the air conditioning
Why SoftBank paid me 17 yen to skip the air conditioning
O tym podcaście
We live in a world where our civilization and daily lives depend upon institutions, infrastructure, and technological substrates that are _complicated_ but not _unknowable_. Join Patrick McKenzie (patio11) as he discusses how decisions, technology, culture, and incentives shape our finance, technology, government, and more, with the people who built (and build) those Complex Systems.
Odcinki
Najnowsze 20 z 110 odcinków
- Why SoftBank paid me 17 yen to skip the air conditioning · 27 min · Odcinek 110Patrick McKenzie (patio11) reads his 2022 Bits about Money essay “Markets in power,” prompted by a SoftBank push notification asking him to cut his air conditioner use between 5…
- The charity that is also a time machine · 27 min · Odcinek 109Patrick McKenzie (patio11) reads his 2022 Bits about Money essay on the infrastructure behind American charitable giving, prompted by the wave of AI-generated wealth expected to…
- The $900 million wire that wasn't final · 33 min · Odcinek 108Patrick McKenzie (patio11) reads his 2022 Bits about Money essay "Finality does not exist in payments." It argues that how final a payment is depends on the rails, the parties…
- Why banks pay you to use their credit cards · 26 min · Odcinek 107Patrick McKenzie (patio11) reads his Bits about Money essay on how credit cards make money. The prompt was a listener who wondered how a card can include free travel insurance…
- Stranded? Who pays when air travel breaks · 42 min · Odcinek 106Patrick McKenzie (patio11) got stranded overnight after a backhoe severed a single fiber optic cable, knocking out air traffic control across much of the eastern US. His airline…
- Forced vacations are a fraud control · 28 min · Odcinek 105Patrick McKenzie (patio11) reads his Bits About Money essay "Financial systems take a holiday" (originally published February 2024), prompted by a conversation with a prior guest…
- Everyone wants to be your wallet · 33 min · Odcinek 104Patrick McKenzie (patio11) reads his Bits About Money essay on the business of wallets, with new commentary, prompted by paying his barber $100 over Venmo and wondering why…
- How AI detection actually works, with Pangram’s Max Spero · 1 godz. 4 min · Odcinek 103Patrick McKenzie (patio11) is joined by Max Spero, co-founder and CEO of Pangram Labs, which builds models that identify AI-generated text and images. Max goes under the hood to…
- Two banks can't agree on fourth-grade math | Alex Elliott · 1 godz. 3 min · Odcinek 102Patrick McKenzie (@patio11) is joined by Alex Elliott (@alexpotato), who has spent his career in SRE and operations roles at financial firms ranging from ten-person fintechs to…
- LLMs and the economics of Evil, Inc., with Manish Goregaokar · 1 godz. 2 min · Odcinek 101Patrick McKenzie (patio11) is joined by Manish Goregaokar, a senior software engineer and member of the Rust security response team, to discuss what LLMs do to the cost side of…
- The economics of putting germicidal light in every room, with Misha Gurevich and Vivian Belenky of Aerolamp · 1 godz. 16 min · Odcinek 100In this episode, Patrick McKenzie (patio11) is joined by Misha Gurevich, CEO of Aerolamp, and Vivian Belenky, its chief scientist and a researcher at Columbia, to discuss why…
- Cheap cognition, supercharged surveillance, and AI risks, with Garrison Lovely · 1 godz. 20 min · Odcinek 99Patrick McKenzie (patio11) is joined by Garrison Lovely, journalist and author of Obsolete: The AI Industry's Trillion-Dollar Race to Replace Us and How to Stop It, to map the…
- What you're actually getting paid in, with Leila Clark · 1 godz. 4 min · Odcinek 98In this episode, Patrick McKenzie (patio11) is joined by Leila Clark, founder of Stardrift and formerly a software engineer at Jane Street, to discuss her essay "What Are You…
- What LLMs can and can't do for writers, with Clara Collier of Asterisk Magazine · 1 godz. 35 min · Odcinek 97Patrick McKenzie is joined by returning guest Clara Collier, editor-in-chief of Asterisk Magazine, to discuss how working writers and reporters actually use LLMs. Patrick walks…
- YouTube economics now, with Justin Kuiper · 1 godz. 19 min · Odcinek 96In this episode of Complex Systems, Patrick McKenzie (patio11) is joined by Justin Kuiper, a longtime writer for MatPat's Game Theory family of channels and now creator of Proof…
- The structural footprint of a bank run · 40 min · Odcinek 95Patrick McKenzie (patio11) reads his 2023 essay "Deposit Franchises as Natural Hedges," written seven weeks into that year's banking crisis, making the case that deposit…
- Forty ways to pay for coffee in Japan · 35 min · Odcinek 94Patrick McKenzie (patio11) reads his 2021 essay "Payments in Japan," tracing how Japanese consumers navigate a landscape with dozens of competing payment methods at once: credit…
- The factory behind your home loan · 27 min · Odcinek 93Patrick McKenzie reads from his 2022 Bits About Money essay on mortgages, making the case that a mortgage is best understood as a manufactured product, not a simple loan between…
- How brokerage transfers actually work · 44 min · Odcinek 92Patrick McKenzie reads from his 2024 Bits About Money essay on ACATS, the Automated Customer Account Transfer Service that governs how Americans move investment accounts between…
- Wrong numbers and why they survive, with Aaron Brown · 56 min · Odcinek 91Patrick McKenzie (patio11) is joined by Aaron Brown, author of Wrong Number, to examine why institutions that produce bad statistics face so few consequences for doing so. They…
