Slate Money - Slate Money: The 'Monetizing Others' Episode
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 5 July 2014
⏱️ 34 minutes
🧾️ Download transcript
Summary
Slate Money, featuring Felix Salmon of Fusion, Cathy O'Neil of Columbia University and Slate's own Jordan Weissmann. This week: Healthcare's Big Data impact, secretive buyers of New York apartments, and how General Motors is compensating its victims.
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Transcript
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| 0:00.0 | Hello and welcome to Slate Money, our weekly podcast, guiding you through the important business and finance news of the week. |
| 0:11.9 | I'm Felix Salmon, a fusion in New York. And this week we have a kind of monetizing others theme to the podcast. We'll start with healthcare and the possibility that |
| 0:24.0 | big data might be able to predict and prevent illness. What's the privacy price we'd pay for that? |
| 0:31.2 | And would it be worth it? Then we'll turn to Manhattan Apartments and ask whether they've |
| 0:36.0 | become a tool for money laundering, |
| 0:38.6 | and how General Motors is making cash payments to those killed and injured by its defective ignition systems. |
| 0:46.6 | And last but not least, we'll wrap up with our lightning round of the numbers that caught our attention this week. |
| 0:53.1 | Let me introduce our regular guest, Kathy O'Neill, |
| 0:56.6 | the head of the lead program for data journalism at Columbia University. What's your number this |
| 1:01.7 | week, Kathy? Hi, Felix. My number is hopefully the smallest number in absolute value that we're |
| 1:07.3 | going to have on this podcast ever. It's 0.001. 100th. Tantalizing. Wow. That's a small |
| 1:18.6 | number. Jordan, I'm assuming your number is bigger than 10 to the minus three. It's a little bit bigger. |
| 1:24.7 | But it's still modest. It's a modest one. It's 869. |
| 1:28.5 | Okay. |
| 1:29.4 | And my number is 11. |
| 1:31.0 | So I'm sliding in there in the middle. |
| 1:34.6 | We will come back to those numbers later. |
| 1:36.9 | But first, topic number one, big data, healthcare. |
| 1:42.3 | Kathy, tell us what's going on. |
| 1:44.7 | Well, this week we heard a lot about people that are getting calls from their doctors or their insurers |
| 1:51.1 | talking to them about, you know, don't forget to exercise, don't smoke too much, things |
| 1:56.6 | like that. |
... |
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