How to Win at Roulette

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3.9 • 1.1K Ratings

🗓️ 8 April 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Slate Money hosts Felix Salmon, Emily Peck and Elizabeth Spiers talk about the podcasting economy and if the bubble has burst—or if it will soon. They also talk about Anthony Scaramucci’s hedge fund troubles, and a story about how to win at roulette.

In the Plus segment: The implications of Supreme Court Justice Thomas’ ties to a billionaire, and the broader politicization of the American judicial system.

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Podcast production by Patrick Fort, with technical assistance from Ben Richmond.

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Transcript

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0:00.0	Hello, and welcome to the How to Win It Roulette episode of Sleaked Money, your
0:15.5	guide to the business and finance news of the week. I'm Felix Ammanif Axios. I'm here
0:19.4	with my colleague Emily Beck. Hello, hello. I'm here with Elizabeth Spires, who is a
0:24.8	Sleaked colleague, writes the payday at column here and writes for the New York Times too. Hello.
0:30.5	And we are going to tell you how to win it Roulette. For real, Z-Man, it's a great story and it tells
0:37.4	us a lot about the nature of intelligence and artificial intelligence. We are going to talk about the
0:42.0	mooch. The scaramucci story is back. We're going to check in on how his investors are doing and how
0:49.2	he's doing. And in the Sleaked Plus, I'm going to talk about Clarence Thomas and corruption in
0:55.1	American politics. But first, we are going to talk about, what are we going to talk about first,
1:02.0	Emily? We're going to talk about the podcast Doomsday that is in a Doomsday. It's all coming up
1:08.2	on Sleaked Money. So because we love nothing better than media naval gazing on this here show,
1:20.8	it seems like a good time to talk about podcasting, wouldn't you say, Emily?
1:26.7	Yes, I really wanted to talk about podcasting. I would say Felix, because I've been reading reports
1:32.4	now for a few months that podcasts are in a slump. There was a piece in the Times in January.
1:40.7	There was a piece by Nikquan Vulture. And then I believe NPR, just this just happened. NPR laid
1:49.2	off 10% of its staff and cut for podcasts, podcasts. One, which had been a huge hit in
1:57.3	Visibilia, but a little less popular recently. And there's a lot of hand wringing in the podcast
2:06.4	world over what's going on. Is this just sort of, there was a boom and now things are evening out
2:12.8	or is there something else happening here where the market and the audience is shrinking in a
2:19.6	permanent way? So the first thing that I really want to say, and I cannot emphasize this enough,
2:25.0	is that the market and the audience is not shrinking in any way whatsoever. Every single statistic that
2:31.0	we are seeing about the site, that the number of dollars that advertisers are spending on podcasts,
	...

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