Open AI: For What It's Worth

https://is1-ssl.mzstatic.com/image/thumb/Podcasts116/v4/79/12/2b/79122bde-b1d1-9b8c-f802-176274edc707/mza_5549684609263267600.jpeg/600x600bb.jpg

Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work

Magnificent Noise x Richard Kramer x Will Page

185 episodes

8 months ago

Bubble Trouble features conversations between economist and author Will Page and independent analyst Richard Kramer that lay out some inconvenient truths about how financial markets really work. Like the “boy who cried wolf,” financial markets have a peculiar tendency to repeat past mistakes and get themselves into “bubble trouble.” They party hard, drink too much of the Kool Aid, and wake up with a pounding hangover...only to do the same thing the next day. With tech dominating daily headlines and teenage traders driving stocks to unprecedented valuations, you might be asking “What’s really going on?” “What am I missing?” Imagine having a set of tour guides to tell you the “story behind the story” of the world’s largest tech companies, and how they bend - or break - the rules of economics.

Hosted on Acast. See acast.com/privacy for more information.

All content for Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work is the property of Magnificent Noise x Richard Kramer x Will Page and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Hosted on Acast. See acast.com/privacy for more information.

Open AI: For What It's Worth

Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work

44 minutes 7 seconds

1 year ago

Open AI: For What It's Worth

We always try to flag the smoke signals of mischievous market behaviour that gets society and stock portfolios into trouble. Are we about to get fooled again by the hype and hysteria surrounding the poster child Open AI? Or maybe, just maybe, it’s worth joining us for 30 minutes to find what really sits behind a 150bn valuation and ask whether beauty is in the eye of the beholder?

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 the latest episode of Bubble Trouble, co-hosts Richard Kramer and Will Page dive into the hype surrounding OpenAI, now valued at $150 billion. They examine the risks of market hype and hysteria behind this soaring valuation, discussing the broader implications for society and the tech industry. The episode explores the nuances of company valuations, comparing public versus private market insights and the lack of transparency in the private sector. With references to past tech bubbles, the hosts analyze the potential conflicts of interest among investors and question the sustainability of current trajectories in tech valuations. As they await the next bubble to burst, Kramer and Page emphasize the importance of scrutinizing underlying business fundamentals in an era of outsized market valuations.

00:00 Introduction

00:49 Part One

01:04 The AI Hype and OpenAI's Valuation

03:25 Understanding Company Valuations

06:32 Public vs Private Market Valuations

10:56 The Transparency Challenge in Tech

15:26 Reflecting on Past Episodes and Lessons

21:12 Part Two

21:49 The Role of Central Banks in Market Bubbles

25:32 Exploring OpenAI's Valuation and Market Dynamics

36:09 Smoke Signals and Future Predictions

43:46 Credits

Hosted on Acast. See acast.com/privacy for more information.