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🗓️ 11 August 2023
⏱️ 54 minutes
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There have been a number of news stories lately that seem straight out of science fiction. We've heard claims before Congress that the government is suppressing information regarding the existence of UFOs or aliens. There are computers that seem to think. And scientists in Korea claimed to have made an extraordinary breakthrough in the hunt for room temperature superconductivity. So how should we think about these things in terms of their potential impact on the economy? In addition to being a Nobel Prize winner and a columnist for the New York Times, economist Paul Krugman is also an avid science fiction fan. In fact, he has credited science fiction for his original interest in economics, even once writing a paper on interstellar trade. He joined us to discuss all of these things, and how to view them through the economics lens.
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1:40.4 | Hello, and welcome to another episode of the Oddlots podcast. I'm Joe Wiesenthal. And I'm Tracy Alloway. Tracy, it feels like there are many things in the news these days that are like on the edge of reality and frankly science fiction. |
1:56.5 | More evidence that we're living in the simulation. Yes. No, you are absolutely right. So first of all, we had this influx of AI technology. Everyone got very into chat GPT. |
2:08.1 | And now everyone's talking about future AI applications. And then we had, let's see, we have the excitement over the possibility of a room temperature, super conductor. |
2:19.8 | And then even weirder, we have a lot of talk about aliens. We had the congressional hearings about UFOs recently. I actually saw someone tie all of these things together recently. |
2:33.4 | They thought that the LK99 coming out like the week after the congressional hearings or the week of was evidence that there are in fact aliens and the technology has come from them. |
2:44.7 | Take that with a grain of salt. Like the aliens like left this little trail of things for us. Oh, that's interesting. |
2:49.9 | Well, I think one of the conspiracy theories is the reason it feels like all of this is popping up now and sort of going into hyperdrive is because the, I don't know, the powers that be are laying the ground. |
3:03.4 | Work for us to actually find out there are aliens. So they're sort of dripping it out. All right. And now the pace is picking up. And so it's coming Joe. |
3:12.2 | So here's the thing. I do not believe in it. I'm like a deep UFO skeptic to the point where I've almost like tuned out all the news. |
3:20.6 | If we do have a room temperature, super conductor, I don't even know what that means. Like I see all these people like, oh my god, we are so back. |
3:27.3 | This is going to change the world. I still don't really understand the significance AI. I think it's pretty cool, but I don't know what it's going to do. |
3:33.8 | And yet in terms of the economy. So when you're faced with all these sci-fi things, Tracy, like what kind of guest do you think who comes to mind as someone we talk about? |
3:43.5 | Who's the first person I call? Yeah. Well, I guess we have the perfect guest. |
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