Ep. 914: Sinan Aral Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6 • 732 Ratings

🗓️ 26 October 2020

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Sinan Aral, the David Austin Professor of Management, Marketing, IT, and Data Science at MIT; director of the MIT Initiative on the Digital Economy; and head of MIT's Social Analytics Lab. He is an active entrepreneur and venture capitalist who served as chief scientist at several startups; co-founded Manifest Capital, a VC fund.

The topic is his book The Hype Machine: How Social Media Disrupts Our Elections, Our Economy, and Our Health–and How We Must Adapt.

In this episode of Trend Following Radio we discuss:

Gatekeepers
Republicans and Democrats
Polarization
Social Media
Facebook and Free Speech
Social Brain Hypothesis
The Impact of Social Media on Children
Russian Interference
China and Russia

Jump in!

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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

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0:00.0	This is trend following radio where great thinking comes alive.
0:10.9	Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.
0:21.2	I am your host, Michael Covel, not filtered, raw, honest.
0:27.4	That's my passion.
0:33.5	It's probably not going to surprise you that I have a guest on my show like I have today.
0:41.2	The topic, how social media disrupts our elections, our economy, and our health, and how we must adapt.
0:52.7	My guest today is Sinan Aral, and we are talking the hype machine.
0:58.0	The hype machine that we all live in, the hype machine that we can't escape.
1:03.8	Even if we think we can, we can't.
1:06.7	We're in it.
1:07.7	We're stuck in the middle of the hype machine.
1:10.6	And you need that secret decoder ring
1:13.1	to navigate. If you can't navigate the hype machine, you're just part of the flock. You're one of the
1:19.9	sheep. You're not really deciding anything on your own. You're just a lemming. Who the hell wants to be a
1:27.3	lemming?
1:28.5	You got to navigate your own life.
1:30.3	You got to figure out where you stand.
1:32.9	You got to figure out where you stand inside the hype machine.
1:36.6	I mean, look, all this technology that we're facing, it's been great.
1:41.1	So many advances to help us all.
1:44.0	But I tell you what, there's a beast inside that technology.
1:47.8	And Sonan with his MIT background gets into the nitty gritty, the real nitty gritty of what's really going on.
	...

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