San Francisco Fed President Mary Daly and Richmond Fed President Tom Barkin on What's Actually Happening in the Economy
kyla scanlonkyla.substack.com
San Francisco Fed President Mary Daly and Richmond Fed President Tom Barkin on What's Actually Happening in the Economy
The "Old Economy" (The Bust): Reality: Outside of AI, traditional cyclical industries are contracting. Investment in industrial equipment, residential housing, and non-residential construction is falling. The Divergence: If you strip out the AI spend, the "real" business cycle looks like a recession. High interest rates are successfully crushing
... See moreFoward Guidance Podcast • Practical Macros by Ahaan Menon
Anthropic is one of the fastest-growing businesses of all time. @DarioAmodei and I chatted about flying past $5b in ARR, Anthropic's focus on B2B, payback economics of individual models, talent wars, AI market structure, and lots more. And you all said that you all want longer episodes, so this is an... See more
John Collisonx.comI hassled @tylercowen about why he doesn't expect explosive economic growth from AGI. How could we possibly add 100 billion extra workers and only get 0.5% more growth?
Also featuring Stalin's library, EU decels, and how Churchill was an underachiever.
Hilarious and provocative... See more
Dwarkesh Patelx.com