The Dire Costs of the LA Fires

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 11 January 2025

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: Los Angeles continues to try and fight back its most devastating wildfire ever. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the fires raging in Los Angles and how they highlight the growing problem with disaster insurance as well as the complex issues around prison labor. Then, Meta is walking back their content moderation, giving hate speech more of a chance to thrive on their platforms. The hosts debate what this will mean for advertisers and Meta employees alike. And finally, New York City has at last implemented its congestion pricing. And while it’s too early to know the effects, the hosts look to London to see what the future could hold for the city’s commuters. In the Slate Plus episode: Wirkin Bag Economics 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, welcome to Slate Money, your guide to the business and finance news of the week.
0:18.2	I'm Felix Salmon of Axios with Elizabeth Spires, an expert on all things
0:23.1	ad sales. Hello. I'm here with Emily Peck, an expert on all things low wage labor.
0:32.3	Hi. So let's talk about ad sales and low wage labor this week. We are going to talk about the
0:38.4	fires in Los Angeles and there is a low wage labor, very, very, very low wage labor angle to
0:45.9	that story that we will explore. We're going to talk about the big moderation and content
0:50.8	changes happening at Facebook, which Elizabeth has opinions about.
0:56.0	We are also going to talk about congestion pricing because it is a thing now in New York,
1:01.5	and we all live in New York, and we all have opinions.
1:04.2	We have a Slate Plus segment on Birkin bags, wherein I will tell you, if you need to know, how to easily tell the
1:13.0	difference between a Birkin bag and a Kelly bag. This is all podcasting information that is
1:18.8	useful and important, so stay tuned. It's all coming up on Slate Money. on sleep money.
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	...

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