The Leverage Podcast

Subscribe to my substack: https://www.gettheleverage.com/ This week, the CEO of Cloudflare announced that bots had passed human traffic for the first time in the internet’s history. By their count it’s 57.4% bots to 42.6% humans. Many of the economic assumptions of our world are constructed on the basis of humans being the ones who look at, and operate computers. Facebook sells ads because they ha...

Subscribe to my Substack: http://www.gettheleverage.com SpaceX is one of the most ambitious and historically important companies ever built… and a potentially wildly overvalued stock investment. In this episode, we explore the history of SpaceX and what you need to understand about their IPO.TIMESTAMPS:00:00 SpaceX Vision vs Stock04:36 Grit Becomes Culture05:47 S1 Fantasy Markets08:09 The Business...

Subscribe to my Substack: http://www.gettheleverage.comDesigners used to be the monarchs of software. Now they're being squeezed out of existence. It's not just them. In this episode, I break down how AI has automated both sides of the design workflow, what that's done to hiring, and what this means for every knowledge worker right now. YouTube Chapters:00:00 — Designers Used to Run the Show01:15...

Subscribe to my Substack: http://www.gettheleverage.com There's a great contradiction of Tim Cook as maybe the best CEO of the last decade, and also maybe the one who has set Apple up to fail. He just announced his retirement. He's gonna step down in September. You're going to see two types of commentary about Tim Cook. One is that he is a genius who created so much value. The other is...

 Every law, every investment thesis, every AI-related career is built around the assumption that we can forecast where these models are going to go, that we'll be able to control them, understand them, and therefore build and invest appropriately. But Claude Mythos shows that the more capable these models get, the worse we are at understanding what is going on. So we need to talk about what th...

https://www.gettheleverage.com/ - Update your information diet and perspective on technology markets with my weekly newsletter. Within two years, your laptop will run an AI as smart as the one that you're paying $200 a month for. That changes the power dynamics of who makes money in the AI industry, what power individual consumers have, and even how computing itself works. Timestamps: 00:00 Th...

Watch on YouTube • Listen on Spotify • Listen on Apple Here is something that actually happened: A company put advertisements inside a coding tool—the kind of tool used by senior software engineers at serious enterprises who, as a demographic, are famously resistant to being marketed to—and instead of the internet erupting in the predictable conflagration of outrage, the company generated somewher...

One of the biggest long-term problems that will result from AI is the inability to tell reality from siliconized fiction. Typically when people talk about this sort of stuff, they mean deepfakes or misinformation—an image, video, or essay that spews out lies. That problem is real, but is one that is not all that new. Misinformation has been around since we invented the printing press. Instead, wha...

There’s a new class of public intellectual emerging—the tech pessimist who actually knows how the sausage gets made. They’re not your standard Luddites railing against smartphones; they’re former engineers, economists, and journalists who can offer technical sounding explanations for why your Instagram feed got worse. Frankly, most of the time I find these individuals more bombastic than insightfu...

Watch on YouTube • Listen on Spotify • Listen on Apple SaaS as we know it is dying and giants are being felled. Today, I want to talk about EliseAI’s playbook for murdering such giants in the world of property management software. The company’s displacement strategy is elegant and brutal: Start with conversational AI that solves an obvious pain point (answering repetitive tenant inquiries), use th...

Watch on YouTube • Listen on Spotify • Listen on Apple There’s a tidy old question economists like to ask at dinner parties when they’ve run out of wine: Why do firms exist? After all, if markets are efficient, shouldn’t it always be cheaper to outsource your operations to external providers? Ronald Coase’s Theory of the Firm proposed a brutally practical answer—because the cost of using the marke...

Watch on YouTube • Listen on Spotify • Listen on Apple Author’s note: Please remember to like and subscribe on the podcast player of your choice! It makes a huge difference for the long-term success of the show. Nate Soares and his co-author Eliezer Yudokowsky have spent over a decade arguing that we are all going to die because of artificial superintelligence. Their belief that an AI smarter than...

Episode 1 of The Leverage Podcast is live now! Can I ask a favor? Would you mind subscribing on your favorite podcasting platform? It makes a world of difference for the long-term success of this publication. If you like the episode, please share it with a friend! Bryce Roberts had it all. He and his partners had helped create the category of seed investing and in so doing, got in early with some...

Peter Thiel is a complicated man, operating at the blurred edge of genius and provocation, contrarianism and influence—exactly the kind of figure whose gravitational pull bends the trajectory of entire industries. Mario Gabriele, in his magnum opus on Founders Fund, takes us deep into this enigmatic firm, unpacking their unique blend of strategic soft power, stubborn anti-mimeticism, and moral amb...