OpenAI’s Exodus, the Rise of Palantir, and the Longshoremen’s Strike

Prof G Markets

Prof G Media & Vox Media

Business, Entrepreneurship, Investing

4.3 • 1.4K Ratings

🗓️ 30 September 2024

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott and Ed open the show by discussing the DOJ’s antitrust lawsuit against Visa, Meta’s new AR glasses and the recent executive resignations at OpenAI. Then Scott explains why Palantir is one of the most overvalued companies in tech, and why he thinks the brand has resonated with retail consumers. He also advises current Palantir employees on what he thinks they should do with their stock options. Finally, Scott and Ed break down the Longshoremen’s demands and discuss the impact a potential strike could have on the economy. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	If you think talking about finances in general is hard, try talking to your parents about money.
0:07.0	What you don't want to do is like, do you have any money, what's going on?
0:11.0	You don't want to come at them in a more adversarial way.
0:15.0	Or, as I said, you don't want to come out like you're now the parent.
0:19.0	What to do about the ups and downs of your 401k?
0:22.6	If you or someone you care about plans to retire soon, that's on the next explain it to me.
0:28.4	New episodes every Sunday morning.
0:33.8	Today's number 6.5 million. That's how many leaders of beer festival attendants consumed at Munich's Octoberfest in 2023.
0:41.4	Ed, I didn't know if you know this, but my wife is German, and I have her rank me on a scale of 1 to 10 whenever we have sex.
0:47.8	And the other night when I tried anal, she went 9-9.
0:50.1	So, Ed, I think I'm improving.
1:03.5	No, me deca no, no. So, Ed, I think I'm improving. Ed, I just, Aspley never gets old for me.
1:06.8	It never gets old.
1:08.3	Yeah, could tell.
1:09.1	It's my go-to.
1:10.4	It's my go-to. Yep. I could tell. It's my go-to. It's my go-to.
1:11.9	Yep.
1:13.0	I could tell that, too.
1:14.1	You are in Germany right now.
1:16.2	You're in Munich.
1:16.7	How's it going?
1:17.1	Good segue, Ed.
	...

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