Hey there behind the money listeners. Happy New Year. A few weeks ago, the Financial Times and Troters gave out their prize for the 24 best business book of the year. It was a tough competition. The group of books that made the shortlist cover topics ranging from the technology revolution inside the U.S. military to the management practices that have shaped the world's corporations.

But the book that took home the top prize is about a topic that has dominated the news in 2024 and will no doubt continue on in 2025. That is artificial intelligence.

The book is called Supremacy, AI, ChatGBT, and the race that will change the world.

The book's author is Parmy Olson. She's a columnist at Bloomberg Opinion and previously a tech journalist at the Wall Street Journal and Forbes.

My colleague Andrew Hill is the FT senior business writer. He's been in charge of running the book

awards since 2005. Back at the beginning of December, Andrew sat down with Parmy in our London studio

to discuss the themes of her book. What you're about to hear

is an abridged version of that conversation. I hope you enjoy it.

I'm delighted to be joined by Parmy Olson, author of Supremacy, AI, ChatGPT, and the Race

that Will Change the World.

We're talking only hours after supremacy was crowned FT and Schroeder's Business Book of the

Year for 2024, the 20th title to win the FT Award since we launched it in 2005.

Parmi, welcome.

Thank you. It's great to be here.

And congratulations. Thank you. It's great to be here. And congratulations.

Thank you.

Just outlined for those who haven't yet read it the argument of the book.

Yeah. So really this is a book about the concentration of power in technology and AI.

I wanted to write it pretty soon after ChatGPT came out about two years ago. I was enthralled

with this new tech. Here's something that was above and beyond anything we'd seen from Siri and from

Alexa. But I felt like there was something going on behind the scenes that I thought was important

for people to know about,

...