There was a lot to speak about in tech these days. In this episode, host Russ Roberts welcomes again considered one of our favourite tech-watchers, Arnold Kling, to speak about these newest developments- together with Elon Musk’s acquisition of twitter, the implosion of FTX and the scandal-plagued Sam Bankman-Fried, and the discharge of Chat GPT.

We all know you’ve been watching all these tendencies, too, and as at all times, we wish to hear from you. So carry it on! Whether or not it’s what your ChatGPT prompts introduced again, your expertise with the now (in)well-known blue examine (or lock!) in your twitter profile, or your ideas on any of my prompts beneath. Let’s hold the dialog going!



1- Since Musk’s acquisition of twitter, do you see a roughly hands-off method, notably to content material moderation? What are the 2 varieties of errors Kling sees going through remark/content material moderators? What would possibly you counsel to mitigate these two varieties of errors? (Or are Feedback sections a misplaced trigger???) Extra importantly, do you agree with Kling that the “tradition of free speech” is in decline? Clarify.


2- Why can’t Web companies (social media platforms specifically) function on a marginal value pricing mannequin? Kling thinks promoting is not one of the best income for such companies. How would possibly value discrimination be successfully employed? What different income sources are you able to consider (and the way do you suppose they could be acquired by platform customers)?


3- Kling says he has by no means been a crypto optimist, whereas admitting that there are good use circumstances. What would possibly a few of these use circumstances be? How about you? Are you a crypto optimist? Why or why not?


4- Roberts reminds Kling that early on, Kling in contrast SBF to Jeff Bezos. What does Kling say he obtained proper and fallacious about every? How does these two circumstances illustrate the function of enterprise capital versus (intra) company innovation?


5- Thus far, Kling sees ChatGPT as “a terrific BS artist.” What do you see as its potential benefits and downsides? Once more, are you optimistic or pessimistic about it going ahead? And the way worries are you about the issue of deception creating an “arms race” between bots and people that Kling fears?


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