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TED Talks Daily

3 money lessons from infamous scam artists | J Mase III

TED Talks Daily

TED

Creativity, Ted Podcast, Ted Talks Daily, Business, Design, Inspiration, Society & Culture, Science, Technology, Education, Tech Demo, Ted Talks, Ted, Entertainment, Tedtalks

4.111.9K Ratings

🗓️ 3 May 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Scam artists know something about money that you don't -- and artist J Mase III is here to shed some light. From Elizabeth Holmes's false medical tech promises to Anna "Delvey" Sorokin's fake trust fund and more, Mase shares examples of infamous scams along with three crucial lessons on how money functions for the wealthy, why it flows in the direction it does and how to start spotting scams in your own life.

Transcript

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0:00.0

Ted Audio Collective

0:11.0

It's Ted Talks Daily, I'm your host, Elise Hume.

0:13.4

Alright, scammers and fraudsters.

0:16.5

We don't trust them, right?

0:17.6

They violate rules and norms, they victimize people, but in today's timely 2022 talk from

0:23.2

Ted Expo Can, poet and educator Jay Mays III turns the conventional idea of scams

0:29.9

on its head.

0:31.4

And he reveals the way our systems come right with what you might call scams.

0:37.1

Scams we agree not to see.

0:39.5

Hear him after the break.

0:43.9

Support for Ted Talks Daily comes from the University of Chicago Booth School of Business.

0:48.4

We often think of phone calls as Pessay, but Booth researchers are exploring how less text-based

0:53.7

messaging and more talking could improve communication.

0:57.5

For instance, job candidates are better able to convey their intellect when they share

1:01.5

their credentials in speech rather than writing.

1:04.7

With campuses in London, Chicago and Hong Kong, Chicago Booth is one of the world's leading

1:10.0

business schools.

1:11.3

Follow your curiosity.

1:12.8

Chicago Booth.edu slash communication.

1:16.6

Hi, I'm Francis Roy.

1:18.9

And I'm Ann Morris.

1:19.9

We're the host of a new podcast from Ted called Fixable.

...

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