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Slate Money

Slate Money - The Monopoly Money Edition

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 19 November 2016

⏱️ 44 minutes

🧾️ Download transcript

Summary

On this episode of Slate Money, hosts Felix Salmon of Fusion, Cathy O’Neil, author of Weapons of Math Destruction, and Slate Moneybox columnist Jordan Weisman are joined by ProPublica financial reporter Jesse Eisinger to discuss:

- The practice of paying economists large sums to promote mergers

- Facebook, Google and fake news

- India's demonetization

Come have a beer with us! Slate Money goes live for a special craft beer episode at 7 p.m. on Dec. 15 at Union Hall in Brooklyn. Tickets are $25. Go to slate.com/live for tickets and more information.

Check out other Panoply podcasts at itunes.com/panoply.

Email: slatemoney@slate.comTwitter: @felixsalmon, @mathbabedotorg, @JHWeissmann, @eisingerj

Production by Zachary Dinerstein.

--

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Transcript

Click on a timestamp to play from that location

0:00.0

The following podcast contains explicit language.

0:08.2

Hello!

0:10.9

And welcome to the Monopoly Money edition of Slate Money,

0:16.8

your guide to the business and finance news of the week. We have a very special guest. We have an

0:25.4

amazing show lined up. This is going to be a really fun one, but partly, mostly because we have

0:30.1

an amazing special guest, but also because we're going to be talking about demonetization,

0:34.7

and any excuse to use the word demonetization is something you should jump at.

0:39.3

We are going to talk about fake news and algorithms because Kathy O'Neill, the data scientist and author

0:45.5

of Weapons of Math Destruction, is here. And whenever there's an algorithm in the news, Kathy,

0:50.9

what do you do?

0:52.2

I fucking destroy it.

0:54.6

The answer is you talk about it on Slate Kathy. What do you do? I fucking destroy it. The answer is

0:55.7

you talk about it on Slate Money.

0:58.1

I do. Kathy Neal destroyer

0:59.9

of algorithms, conqueror of worlds.

1:02.6

We have

1:03.1

Jordan Weissman, of course,

1:06.1

from Slate. I've never fully destroyed

1:07.8

an algorithm in my life, sadly.

1:09.6

I am Felix Salmon of Fusion, and I wrote a big article about algorithms once.

1:15.1

Yeah, you did.

1:16.5

What was it called, Jesse?

...

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