Slate Money | Good Riddance to Larry Summers

Slate News

Slate Podcasts

News, News Commentary, Politics

4.6 • 6K Ratings

🗓️ 22 November 2025

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week: Larry Summers has stepped down from his public positions following the release of unsavory emails he exchanged with Jeffrey Epstein. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss Summers’ correspondence with the infamous sex trafficker, the veracity of his “genius” reputation, and his beef with Felix. Then, Meta has won its anti-trust case, highlighting the current struggle to regulate Big Tech. The hosts examine the landscape of anti-trust efforts in the US and whether it is the correct tool for regulating tech behemoths. Then, everyone is talking about the “AI bubble” right now, but what does that actually mean? The hosts break down the state of the AI market and whether or not calling it a “bubble” is the right way to think about it. In the Slate Plus episode: Thanksgiving Hot Takes! Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to Slate Money, your guide to the Business and Finance News of the Week.
0:13.2	I'm Felix Salmon of Bloomberg. I'm here with Emily Peck of Axios.
0:16.8	Hello, hello.
0:17.6	Elizabeth Spires of the New York Times.
0:20.1	Hello.
0:20.9	Elizabeth, your New York Times contract ends at the end of the year, but it will probably be renewed.
0:27.5	Yes, I have.
0:29.9	I haven't done anything.
0:31.9	You haven't done anything, right, to cause them to not renew your contract.
0:36.3	My name is nowhere in the Epstein Files.
0:38.4	And so we are going to talk about a man whose name is in the Epstein Files who did have a New York
0:43.7	Times contract and who is not having it renewed because he is stepping back from public life.
0:48.1	If you don't know who that is, congratulations or not knowing, but we're going to spend
0:52.1	a lot of time talking about him.
0:53.8	We are also going to talk about the antitrust fails when ever big tech is concerned
1:02.0	and whether it is even possible to regulate big tech in the absence of the antitrust remedy.
1:07.9	We are going to talk about AI and whether it's a bubble. We have a truly
1:12.9	spectacular Sleep Plus segment with Jethman Molly, all about Thanksgiving hot takes. It's a great one
1:19.2	this week, so stay tuned. It's all coming up on Sleep Money. Why are businesses like Hello Funny.
1:33.8	Why are businesses like HelloVet choosing Apple products and services?
1:36.4	So we started the business two years ago.
1:41.8	We had a few people who were used to PCs and this was their first foray into Macs.
	...

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