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The David McWilliams Podcast

2024:31 What Elon's travails tell us about the New Cold War?

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 16 April 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

Elon Musk is to 2024 what Howard Roark was to 1943. In Ayn Rand's book Fountainhead, her hero Roark was brilliant, single-minded and flawed. Musk is a modern day Roark and yet despite his remarkable entrepreneurial success, from SpaceX to Neuralink, Tesla is on the skids. 10% of its workforce has just been fired and it's share price has dropped 30% since January, and its market share is dwindling in China. Musk's investments in China have also led to wholesale intellectual property theft. Standing back, Tesla's tribulations could be a microcosm of broader geopolitical tensions of trade disputes and intellectual property wars. The world is looking at the Mid East, the China/America rivalry echoes previous clashes

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Transcript

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1:12.6

how you understand the economy you have to understand human nature

1:20.2

this podcast is powered by ACAST.

1:28.9

How you doing there?

1:31.7

We're having a little bit of a giggle down here in the basement.

1:34.0

We're talking about heuristics and shortcuts.

1:39.0

And Daniel Kahneman, he will know, was a very brilliant behavioral economist who passed away the other week.

1:41.0

We were actually going to talk about him.

1:42.2

Maybe next week, John, we'll talk about him.

1:43.8

We were talking about heuristics and shortcuts.

1:47.4

Yeah. And the fact that John is learning French.

...

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