Full transcript on Substack.
How concentrated ownership and automated manipulation reshape democracy
The importance of Fed independence, sticky inflation, AI’s impact on entry-level work, and why she still leans modestly restrictive
Sports betting in the United States of America. Read the full piece here: https://kyla.substack.com/p/gamblemerica-how-sports-betting-apps
00:00 - Intro
00:36 - An Excerpt
02:42 - The United States of Gamblemerica
06:09 - In Dialogue with Jon
08:12 - The History of Sports Betting
13:55 - The State, The Platform, the Hen House
17:17 - The Dopamine Business Model
22:11 - The Language of Individual Responsibility
27:03 - The Human Cost
28:41 - What Comes After Sports Betting?
31:38 - How Do We Fix This?
Jon's Book: https://www.amazon.com/Losing-Big-Americas-Reckless-Gambling/dp/B0DGS6G35H
Nvidia just lost $600 billion in value in a single day—the largest single-stock drop in history—and all because of a Chinese AI startup called DeepSeek. But this isn’t just about Nvidia or AI. It’s about how America is battling its own assumptions about innovation, efficiency, and progress. In this video, I'll talk about (1) how DeepSeek built a groundbreaking AI model for just $6 million (2) why U.S. tech companies like Meta and OpenAI are spending billions—and if that’s sustainable (3) the impact of federal funding freezes and policy decisions on America’s innovation pipeline (4) why the U.S. might be stuck in a “cold war” with itself over how progress should look and (5) what this means for the future of AI, talent allocation, and global competition.
DeepSeek isn’t just disrupting the AI industry; it’s forcing us to ask some hard questions about how we measure success.
00:00 Intro
00:58 Our Broader Challenges
03:08 What Is DeepSeek?
05:00 How did they do it?
05:27 Innovation
08:40 The State of Tech
11:49 Financial Engineering
12:58 Talent
15:45 Final Thoughts
EIG paper: https://eig.org/exceptional-by-design/
Music Used
'Shadows and Dust' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
'Nightfall' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
'Incantation' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
'Shoulders Of Giants' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
'Uprising' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
'Anna's Theme' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
'Parasite' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
'Shoulders Of Giants' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
We talk about the concept of trust as a commodity and discuss how to invest when trust is scarce.
Spectra School: http://www.spectramarkets.com/school/
Hanks Video: https://www.youtube.com/watch?v=d8PndpFPL8g&t=40s
How Trump Won: https://kyla.substack.com/p/how-trump-won-what-happens-next-and
00:00 Introduction and Overview
00:24 Special Sponsor Segment
01:15 Current Global Events and Trust
02:40 Investing in Trust Portfolios
04:51 Framework for Evaluating Companies
06:34 The Cycle of Apathy and Trust
10:13 Rebuilding Trust: Individual and Societal Efforts
12:11 Actionable Takeaways for Investors
14:14 Conclusion and Final Thoughts
Disclaimer: This is not financial advice or a recommendation for any investment. The Content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
The economics of Thanksgiving and Black Friday!
00:00 Intro
00:29 Turkeys
01:25 Supply Chain
03:18 The Sweet Potato Belt and Pumpkin Capital
04:34 Black Friday
04:59 The Impact of Smartphones on Shopping
05:34 Game Theory and Price Tracking
06:37 The Future of Black Friday
08:34 Conclusion
Sources
https://www.youtube.com/watch?v=jjcjvNvvGLc
https://www.youtube.com/watch?v=bN7mG9srVh4
https://www.youtube.com/watch?v=Qsnck0LV8w4
https://www.youtube.com/watch?v=_4h-W6cHWj8
https://www.youtube.com/watch?v=lL2-HOzByBY
https://www.youtube.com/watch?v=nk2MBd5hmHQ
📚 Want to learn more? Check out:
Newsletter: kyla.substack.com
Book: "In This Economy?"
Podcast: Let's Appreciate
🔗 Follow for daily economic insights:
TikTok: @kylascan
Instagram: @kylascan
LinkedIn: @kylascan
DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
What even are tariffs
00:00 Tariffs
01:45 History
02:40 Why does Trump Like Them?
05:02 Market Response
09:30 The Economic Impact
📚 Want to learn more? Check out:
Newsletter: kyla.substack.com
Book: "In This Economy?"
Podcast: Let's Appreciate
🔗 Follow for daily economic insights:
TikTok: @kylascan
Instagram: @kylascan
LinkedIn: @kylascan
DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
I had questions. A lot of them. So I sat down with someone who might have answers - Mary Daly, President and CEO of the San Francisco Fed. She's one of the people actually making the decisions that affect your money.
Five big things I wanted to understand:
Why everything still feels so expensive
What's really happening with jobs
Why Wall Street and Main Street feel like different planets
How the Fed makes these massive decisions
Whether they can actually fix this
00:00 Intro
02:10 Some History
07:30 Price Stability
10:33 The Fed Test
11:05 The Price Problem
18:47 The Labor Market
22:52 The Path Forward
Sources
https://www.youtube.com/watch?v=laSqNpmCeQk
https://www.youtube.com/watch?v=SxTnOWDw31s
https://www.youtube.com/watch?v=mL-OaWx9LrM
https://www.youtube.com/watch?v=wLyh5fSTLLw
https://www.youtube.com/watch?v=M7nj2X-yl_U&t=12s
https://www.youtube.com/watch?v=rVDE5Q74EhM&t=253s
https://www.youtube.com/watch?v=512mhHUoJgk
https://www.youtube.com/watch?v=jheesQ8ot3g
https://www.youtube.com/watch?v=8b03af6b670
https://www.youtube.com/watch?v=dTivWJvGYtI
https://www.youtube.com/watch?v=kuNCfkDtPNk
📚 Want to learn more? Check out:
Newsletter: kyla.substack.com
Book: "In This Economy?"
Podcast: Let's Appreciate
🔗 Follow for daily economic insights:
TikTok: @kylascan
Instagram: @kylascan
LinkedIn: @kylascan
DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
Donald Trump’s election has ben elected the 47th president of the United States. Here's what it means and what could happen next.
Newsletter: https://kyla.substack.com/p/how-trump-won-what-happens-next-and
Sources
https://www.youtube.com/watch?v=MkrNsNDaXS8
https://www.youtube.com/watch?v=4t0S9zZn2QQ
https://www.youtube.com/watch?v=3kBiyueN-l4
https://www.youtube.com/watch?v=SgUD03R50oc
https://www.youtube.com/watch?v=fTxECVof1GY
https://www.youtube.com/watch?v=xpG0PBsuLjU
https://www.youtube.com/watch?v=wwzHi5C6y2E
https://www.youtube.com/watch?v=D3ptpdZwNb0
https://www.youtube.com/watch?v=m3ErLnADwX4
https://www.youtube.com/watch?v=-Q29HmHSgfk
https://www.youtube.com/watch?v=mcHCpyfMavA
https://www.youtube.com/watch?v=PFw--KOUtCE
https://www.youtube.com/watch?v=3-PmFUV-dtw
https://www.youtube.com/watch?v=BJOMfH08waI
https://www.youtube.com/watch?v=tF-I9I1k9J0
https://www.youtube.com/watch?v=WkyPPEqjHdc
https://www.youtube.com/watch?v=8d3wzom0RNw
https://www.youtube.com/watch?v=_4jWMKC4nZw
https://www.youtube.com/watch?v=KaWihejcGcM
https://www.youtube.com/watch?v=hb28kAavh0M
https://www.youtube.com/watch?v=6Xa9T2OMzmw
00:00 Intro
01:17 Why Did DJT Win?
01:57 The Role of the Manosphere
03:59 No One Wants to be an Incumbent
04:41 Economic Disconnect
05:42 Inflation
07:42 Inequality
11:18 Structural Affordability
12:41 The Information Problem
15:32 Institutional Credibility
19:08 The Disconnect
20:40 Policy and Person
21:55 Biden Retrospective
27:43 How to Fix It
29:35 Trump's Agenda
31:20 Tariffs
38:21 The Market
40:34 What is Happening
45:13 The Path Forward
DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
I follow the outline of the CRFB here. In this episode, we break down the economic policy proposals of two major candidates: Kamala Harris and Donald Trump. We analyze their plans on taxes, healthcare, education, housing, and more, providing insights into how each policy could impact the economy. We draw from multiple sources, including CRFB and Budget Model, to offer an objective comparison. Key topics discussed include tax cuts, social spending, border security, tariffs, and long-term economic stability. Find out which candidate's policies could be better for the U.S. economy and why.
Sources
Massive Longshoremen Strike: Implications for US Economy, Jobs, and Automation
The international longshoremen's association has initiated a large-scale strike on the East and Gulf coasts of the United States, risking substantial economic activity and millions of jobs. In this episode, we discuss the demands of the 45,000 striking dock workers, the potential economic impact (up to $4 billion loss per day), and the broader consequences for the US economy amid the upcoming election, holiday season, and global tensions. Key points include the dock workers' push for higher wages and a ban on automation, the response from the United States Maritime Alliance, the Biden administration's stance, and the strike's potential to fuel inflation. Additionally, we explore the historical context of automation resistance and the need for future labor retraining programs.
00:00 ILA Strike
01:10 What is a longshoremen?
03:13 usmx
04:37 Automation
07:21 monetary policy
08:56 role of luddite
10:29 openai
11:48 Worker support
The dating apps are under a lot of pressure. Falling revenues, people not wanting to pay, and Gen Z seemingly uninterested have led to collapsing stocks and circling activist investors. Their only path forward is monetization - but what does that mean for the demographic crisis?
00:00 Introduction: The Pressure on Dating Apps
00:11 The Monetization Dilemma
00:23 The Online Dating Landscape
02:18 The Rise of Match Group
04:15 The Big Three: Tinder, Hinge, and Bumble
06:15 The Financial Struggles of Dating Apps
07:15 User Dissatisfaction and Declining Interest
15:06 The Demographic Crisis
19:58 Possible Solutions and Future Outlook
20:49 Conclusion and Final Thoughts
Videos used in this video
• Hinge's Makeover: The New Era For Dat...
https://archive.org/details/CyberDat
• This company owns almost EVERY DATING...
• Tinder CEO on why the firm is launchi...
• Hinge CEO responds to accusations the...
• How Dating Apps Make Money and Why It...
• Dating app stocks: Grindr has prosper...
• Time to swipe right on dating app sto...
• Scott Galloway: The Real DANGER Of Da...&...
We talk a lot about building more housing, but we do not talk enough about the risk of home insurance.
We have massively underpriced risk in many parts of the economy. This leads to things like financial nihilism and distrust, which is why we see a world divided - partially because the risk models are all wrong.
00:00 Introduction to Kamala Harris's Economic Proposals
00:09 Detailed Housing Policies
01:14 Supply and Demand in Housing
01:37 The Broader Impact of Housing Shortages
02:29 The Complexity of Housing as an Asset
03:18 Challenges in Home Building
03:47 The Home Insurance Crisis
08:53 Economic and Financial Implications
09:44 Regulatory Issues and Underinsurance
11:09 Reinsurance and Secondary Perils
13:03 Future Paths and Solutions
14:55 Updating Risk Models for the Future
17:44 Conclusion and Final Thoughts
In this episode, we explore pressing economic questions with Jared Bernstein, Chair of President Biden's Council of Economic Advisors, and Daniel from the National Economic Council. Topics covered include the current state of inflation, the labor market, and the housing market. Key discussions focus on understanding inflation indicators like CPI and PPI, the impact of government policies on housing and rental affordability, and the role of fiscal and monetary policy in addressing economic challenges. The episode also delves into broader economic issues such as child care, eldercare, wealth inequality, and trade policy. Through these conversations, the episode emphasizes the importance of having concrete policy solutions to improve the economy and help the average consumer.
00:00 Intro
01:20 Inflation
05:35 Labor Market
11:33 Housing
23:29 Conclusion
Survey: https://forms.gle/BD7tPEhDr7tqMws8A
Book: https://www.amazon.com/This-Economy-Money-Markets-Really-ebook/dp/B0C4J8YH41/
An interview with Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, on economic data and where he thinks the Fed might be going next.
Interview with Deputy Treasury Secretary Wally Adeyemo on Innovative Housing Policies
In this episode, I interview Deputy Secretary of the Treasury Wally Adeyemo to discuss the recent policies passed by the Treasury to address the housing shortage in the U.S. The conversation highlights Minneapolis' groundbreaking zoning reforms and explores new federal initiatives aimed at making housing more accessible and affordable. Topics include zoning laws, interest rate predictability for builders, and the importance of integrating housing with public transit.
00:00 Introduction and Welcome
00:05 Interview with Deputy Secretary of the Treasury
00:12 The Housing Shortage in America
01:30 Minneapolis: A Case Study in Housing Reform
04:17 Treasury's New Housing Efforts
05:16 Challenges and Solutions in Housing Finance
08:27 Integration of Housing and Public Transit
09:18 Conclusion and Final Thoughts
11:36 Closing Remarks and Call to Action