Pop Culture and Technology with Jeff Bakalar and Russ Frushtick
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 27 July 2017
⏱️ 34 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
When it comes to money and personal finance, I like to think I know a thing or two. But when it comes to technology and gadgets, I turn to experts Jeff Bakalar and Russ Frushtick. Jeff and Russ host The 404 Show, a popular CNET podcast that focuses on pop-culture, tech, movies, comics, video games and more. It’s a good arrangement: When Jeff and Russ have questions regarding their financial lives, they know who to call—and they really do, from time to time. When I need help purchasing a new phone or want to understand what lies ahead on the tech landscape, I return the favor. The technology world changes so fast it’s almost impossible to keep up with it. Every month it seems, there’s some new announcement—a hot new app, a popular gadget, a hopeful tech IPO, a disruptive innovation—it’s never ending. In this latest episode of “Better Off,” we touched on a variety of topics that we once thought we’d only see in a Hollywood movie:Artificial intelligence (AI)Virtual reality (VR)Self-driving vehicles UPS using drones to deliver packages We also talked about current issues: Uber versus the cab companies? Is the competition a good thing? Will it force the cab industry to reinvent itself? Will buying an Amazon Echo cause me to become incredibly lazy? Call me old fashioned but I actually like turning on the lights myself. I think I get points for being active on Twitter and Instagram...though I’m not sure you’ll see me wearing a virtual reality headset anytime soon.  That said, give this episode a listen, especially if you’re wondering if you really need to upgrade your phone every year or two. “Better Off” is sponsored by Betterment. We love feedback so please leave us a rating or review in iTunes. "Better Off" theme music is by Joel Goodman, www.joelgoodman.com. For a recap of every episode, visit https://www.betterment.com/resources/topics/inside-betterment/better-off-podcast/ Connect with me at these places for all my content: http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ https://soundcloud.com/jill-schlesinger http://www.stitcher.com/podcast/jill-on-money http://betteroffpodcast.com/ https://itunes.apple.com/us/podcast/better-off-jill-schlesinger/id431167790?mt=2
Transcript
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| 0:00.0 | Hi, it's Jill Schlesinger, and on this episode of Better Off, we're talking with the famous |
| 0:08.0 | podcast The 404's hosts Jeff Bacelar and Russ Frushdick. |
| 0:12.8 | A lot of the digital assistant stuff, your Alexis, your Google Homes, the Echo, that kind of stuff, |
| 0:19.7 | I think is going to play a major role in people's first experience with some kind of artificial intelligence. |
| 0:26.5 | I think Uber has a lot of baggage in terms of their brand and stuff like that. I mean, I was just in San Francisco and I literally did not use Uber once I use |
| 0:33.5 | lift the whole time and a lot of that has to do with their brand and their perception |
| 0:38.1 | that they're putting out there and it's pretty gross. |
| 0:41.1 | Welcome to the Betteroff Podcast sponsored by Betterment, the largest independent online financial advisor. |
| 0:48.0 | Okay, so here is a problem. When you book interviews and you just try to slam out a bunch of them, you can't run them all so quickly. |
| 0:57.4 | And then some of the material becomes slightly dated. |
| 1:00.6 | But that said, here's something kind of cool. We recorded this interview with my |
| 1:06.3 | tech gurus. This is Russ and Jeff and we were talking about Snap, which is the |
| 1:11.5 | parent organization of Snapchat. |
| 1:14.6 | And at the time we were talking about the IPO because it was worth gazillion dollars, but |
| 1:19.4 | then in the ensuing weeks what has happened is that SNAP shares fell below the initial public offering |
| 1:27.6 | price. |
| 1:28.6 | So the IPO price was 17 and shares are at about 15 and part of this is because really amazingly Morgan Stanley |
| 1:36.4 | which was the lead underwriter of the deal meaning the bank that decides the |
| 1:41.0 | IPO and the market value. Anyway the analysts from Morgan Stanley |
| 1:45.2 | downgraded it. So that doesn't really bode well and what has happened is now |
| 1:49.2 | everyone's like oh my God the snap is no longer going to be relevant because Instagram has a new thing |
| 1:54.6 | called Instagram stories and Facebook is going to eat their lunch and all this stuff. |
... |
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