This week, Byrne Hobart and Erik Torenberg dive into a range of fascinating topics such as the evolution and future of OpenAI's business model, economic rationale behind corporate buybacks, changing software economics, China's recent equity market surge and more.
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LINKS:
Byrne’s writing: https://thediff.co
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X / TWITTER:
https://twitter.com/ByrneHobart (Byrne)
https://twitter.com/TurpentineMedia (Turpentine)
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TIMESTAMPS:
(00:00) Intro
(00:20) Role of competition in tech
(03:57) ByteDance and the music streaming market
(08:15) OpenAI's business model evolution
(19:05) Sponsor: Brave
(20:07) Future of OpenAI and AI regulation
(27:56) Understanding interest rates and treasury bonds
(30:58) Corporate buybacks
(37:05) Software economics and growth strategies
(45:38) China's economic strategies and market impact
(50:49) Predicting market movements with headlines
(54:15) Wrap
E48: Facebook vs MySpace, Why Peter Thiel is Wrong About Competition, and OpenAI Corporate Structure | "The Riff" with Byrne Hobart and Erik Torenberg podcast - Listen or read transcript on Metacast
