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The James Altucher Show

563 - The GOOD News About Coronavirus (Let's Look at the Data) with Peter Diamandis, XPRIZE Founder & Futurist

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 20 March 2020

⏱️ 76 minutes

🧾️ Download transcript

Summary

I saw this line “How about some good news for a change.” It was the first line in an article by Peter Diamandis, Founder & Executive Chairman of XPRIZE. The article is on his website, diamandis.com and I highly recommend checking it out. I emailed him as soon as I saw it. “Come on my podcast.” And he did the next day. Because the world needs good news right now that can help us see the end of this pandemic, the truth in the numbers, and data and how to protect ourselves without panic. Also, I’ve been getting great feedback on how these episodes around the coronavirus are helping you make sense in a really confusing time. So thanks for your support. Right now, the best way to support this show is to support your own nutrition by checking out this special offer from our sponsor, Athletic Greens. Learn more. This is for your health. Go to athleticgreens.com/james Thanks. And stay well. - James P.S. You can get more news from Peter at futureloop.com/c19 I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to “The James Altucher Show” and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin Instagram

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.6

This is the James Altiger Show.

0:12.6

Today on the James Altiger Show, caution is different from panic.

0:18.2

People are going a little bit insane, but in the may ignore the flip side of the equation.

0:23.5

Like China starting around mid-February, cases started to peak.

0:27.6

And now, as you mentioned in your email, there's hardly any new cases.

0:31.7

So they closed down the last of their specially built hospitals that were made just for coronavirus.

0:37.0

People seem to be ignoring the fact that a pandemic does come to a natural ending.

0:41.8

And in the middle of that is the peak where the number of cases per day stop moving up exponentially

0:46.8

and start to actually level off or go down.

0:49.3

Yeah, and the challenge, and I think we all have to remember this, is that the news media

0:54.4

unfortunately thrives on fear.

0:57.2

Right? And I'm just saying, just for everybody to get this realization that the news media's

1:04.0

job is to deliver your eyeballs to their advertisers.

1:07.0

That's how they make their money.

1:08.2

And when we are in a period of absolute fear and shock and awe during wartime, during

1:14.2

pandemic time, during holy things, people are glued to the news.

1:18.5

I just think the level of fear is off the charts.

1:23.9

Right, so it's a good point because all the evidence suggests there's going to be an end

1:28.2

to this and it's not going to be as bad as people think.

1:31.4

But on the economy, businesses up and down the chain are going to go out of business in

1:37.0

just a month.

...

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