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Speaker 1: Welcome to Fear and Greed Q and A, where we

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Speaker 1: ask an answer question about business, investing, economics, politics and more.

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Speaker 1: I'm Michael Thompson, and good morning, Sean Aylmer. Good morning, Michael,

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Speaker 1: and good morning to you.

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Speaker 2: Adam Lane, Good morning, Michael, Good morning Sean.

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Speaker 1: Look, gentlemen, it is the middle of the long weekend,

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Speaker 1: and here we all are together in the studio. But

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Speaker 1: if we were not here, and if you had taken

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Speaker 1: the full four days off, right or even longer right

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Speaker 1: you took a few days on either side. A question

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Speaker 1: for you, and this is a slightly on a tangent,

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Speaker 1: would you could you do a digital detox?

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Speaker 2: Right?

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Speaker 1: If you were to take off this full four days

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Speaker 1: and you probably kind of missed the boat on it now,

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Speaker 1: but could you survive let's say a week a week

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Speaker 1: without the internet?

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Speaker 3: Right?

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Speaker 1: So I have got five questions for the two of you.

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Speaker 1: You've got no warning about any of this. You didn't

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Speaker 1: even know what the topic was until we started recording.

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Speaker 1: Just then. Five questions for each of you in five minutes.

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Speaker 1: Let's go, Adam, what's the first thing that you would

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Speaker 1: genuinely miss if the internet disappeared for a week? It

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Speaker 1: doesn't have to be work, it can be personally. Would

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Speaker 1: what would you miss? First?

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Speaker 4: Information at my fingertips? So, yeah, any question that I wanted,

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Speaker 4: you know, that was running through my head. I can

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Speaker 4: have a crack at an answer and so easily, which,

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Speaker 4: of course, you know the opposite that means I have

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Speaker 4: to think for myself.

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Speaker 1: Oh dear, what about what about you? Sean?

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Speaker 3: I could easily do a digital detocs so long as

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Speaker 3: I've had access to my mobile.

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Speaker 1: I think that the.

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Speaker 3: The thing I miss is the news. I mean, Michael,

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Speaker 3: you and I are the same when news junkies. If

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Speaker 3: I don't know what's going on, even for half a day,

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Speaker 3: I kind of think I'm missing something. So that'd be

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Speaker 3: the hardest thing.

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Speaker 1: And yeah, yeah, yeah, that same thing. Yeah, you suddenly

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Speaker 1: feel like the world has just kind of passed you by,

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Speaker 1: that you've missed, you've missed things, and you've missed the

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Speaker 1: opportunity to cover a story and you were behind the

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Speaker 1: eight ball. Yeah, I do not enjoy that part, and

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Speaker 1: I suspect that's what it would be for me. That

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Speaker 1: leads us actually into the next question, Sean, could you

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Speaker 1: do your job without the internet for five working days

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Speaker 1: and maybe kind of. It's a different case now to

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Speaker 1: what it was, say twenty years ago. How much you

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Speaker 1: rely on the internet, But could you do it without

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Speaker 1: the internet for five working days?

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Speaker 3: So if you just park the production side of it, right, and.

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Speaker 1: The fact that people use the internet to listen to.

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Speaker 3: All that kind of stuff usually create content without the Internet,

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Speaker 3: I mean I couldn't. Couldn't, But I could set myself

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Speaker 3: up so I could.

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Speaker 1: Yeah, I mean the research side of it is just yeah,

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Speaker 1: the research side, the Internet is just so valuable and

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Speaker 1: so important. But what about you, Adam.

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Speaker 4: Well, yeah, like Sean, short answer is no, because there's

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Speaker 4: so much it's the the communication channel, right, So I couldn't.

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Speaker 4: But if I was able just to schedule things to

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Speaker 4: do for a week, yeah, I could do that, but

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Speaker 4: that just means it takes no account of what's happening

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Speaker 4: in the real world.

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Speaker 2: So it's a plan. I could do that, but no,

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Speaker 2: not really.

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Speaker 1: But I suppose if you're working in the office for

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Speaker 1: that week, Adam, that would be perhaps a slightly different

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Speaker 1: story because you're able to do things then with the

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Speaker 1: people around you, and you can all just be a

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Speaker 1: bit offline together, right.

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Speaker 4: Yeah, I suppose that's true, and we could rely on

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Speaker 4: phone calls to be able to, you know, get out

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Speaker 4: of home advertising installed in the places it needs to

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Speaker 4: that technically doesn't need the Internet.

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Speaker 2: But god, it would be difficult.

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Speaker 1: Yeah, yeah, you'd have to go old school, all right.

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Speaker 1: Question story number three? Question number three? Would your spending

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Speaker 1: go up or down without the Internet? And Adam will

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Speaker 1: start with you. So this means no online shopping really,

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Speaker 1: no tap and go kind of apps, no Uber eats,

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Speaker 1: none of that. Do you spend less or are you

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Speaker 1: out there just kind of splashing the cash.

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Speaker 4: From all that cash I've been hoarding. No, it would

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Speaker 4: definitely go down, and at least temporarily. And there's probably

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Speaker 4: some things that I wouldn't go back and buy, like

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Speaker 4: the extra coffees that I would have had along the way,

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Speaker 4: So some spending would never happen again.

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Speaker 2: It would definitely go down for that week.

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Speaker 1: Jean, it'll go down.

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Speaker 3: I have twenty five pairs of shoes, of which five

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Speaker 3: which I buy which I use regularly, twenty pairs which

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Speaker 3: I've bought online because I think they look really good.

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Speaker 1: Wow, we held the backcasts.

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Speaker 2: Oh my god.

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Speaker 1: We have been doing this podcast for six years now.

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Speaker 1: And we are still learning fascinating new information.

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Speaker 2: Twenty back up pairs of shoes.

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Speaker 3: Yeah, I'm not very good throwing them either.

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Speaker 2: Okay, so they may have had some use.

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Speaker 3: Yeah yeah, yeah, so it's not like they've never been used.

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Speaker 3: But I've got I've got some. I would have five

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Speaker 3: pairs that have been used once or twice only wow.

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Speaker 2: Wow, you have names for them? Sure?

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Speaker 3: Precious waste number one.

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Speaker 1: And do you actively go out looking for these or

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Speaker 1: is the does the algorithm just know you now and

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Speaker 1: just feeds your shoes?

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Speaker 3: He comes and you're worrying. I mean it was probably

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Speaker 3: a couple of months ago. I bought a really nice

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Speaker 3: pair of running shoes on running shoes, which of course

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Speaker 3: never turned up because I've been scammed. So not only

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Speaker 3: do I buy shoes, I get scammed as well.

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Speaker 2: And did you send straight to Roger Federer?

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Speaker 3: I just spend less.

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Speaker 1: Yes. Next question, what basic life task would suddenly become

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Speaker 1: surprisingly hard? So this is separate now to work, but

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Speaker 1: think kind of baking things that sorry, baking, banking, Never

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Speaker 1: baking could get hard if you're trying to follow a

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Speaker 1: recipe online, but banking, maybe navigation, those kinds of things

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Speaker 1: that that. I mean, when was the last time you

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Speaker 1: pulled out a like a Gregory's or a Meilways or

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Speaker 1: something to to actually get yourself around town. You rely

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Speaker 1: on the internet for everything, Sean.

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Speaker 3: Co colms to kids.

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Speaker 1: Yeah, yeah, the.

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Speaker 3: Family wants to stop the rest of the Yeah, the

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Speaker 3: rest of the stuff, I reckon I could work out.

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Speaker 3: But because we've become such helicopter parents and you know,

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Speaker 3: we know what they're doing all the time and we're

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Speaker 3: used to it, I think that'd be really hard to change.

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Speaker 1: Yeah. No, that's a good one. Adam, what about you?

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Speaker 4: Ah, just yeah, colms and banking. But yeah, like Sean,

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Speaker 4: just knowing where my kids are, that would be that

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Speaker 4: would be difficult.

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Speaker 1: No one has mentioned the loss of streaming. So if

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Speaker 1: suddenly Netflix and stand and everything all disappeared, you'd be okay,

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Speaker 1: you'd be okay just to watch free to air.

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Speaker 3: Is that still around?

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Speaker 1: Yeah, they're just waiting for a moment where the internet

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Speaker 1: goes down for a week.

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Speaker 3: On the other day, when the Prime Minister was giving

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Speaker 3: his address seven PM address and I went to one

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Speaker 3: of the major broadcasters to watch it for.

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Speaker 1: Some reason, and I actually.

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Speaker 3: Had to log in. Well, the app was downloaded, but

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Speaker 3: I had to log in to the streaming app because

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Speaker 3: I don't have free to wear as such at home there.

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Speaker 3: Yeah yeah, well, I mean.

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Speaker 1: Yeah, I mean I don't actually like I had.

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Speaker 3: I only ever stream I literally never.

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Speaker 1: Have free to wear Ah the Sean. I think we

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Speaker 1: know the answer to the last question. For you, would

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Speaker 1: a week offline be good for you or deeply stressful?

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Speaker 1: For me? It would be stressful. I would just worry

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Speaker 1: that I'm missing too much stuff, and that is because

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Speaker 1: of that news. I just live on news sites. How

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Speaker 1: would you feel after a week?

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Speaker 3: You're probably right, But I have this great saying with

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Speaker 3: Jackie where no news is good news, and this is

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Speaker 3: particularly when the kids are traveling overseas and stuff like that.

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Speaker 3: We talk about how they're going, and no news is

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Speaker 3: good news. So I actually think I could get by

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Speaker 3: with the no news is good news theory. So if

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Speaker 3: you're away somewhere for a week, your total digital detogs,

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Speaker 3: someone will get to you if there's bad news. So

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Speaker 3: I think I could live with that.

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Speaker 1: Okay, what about you, Adam, after a week offline good

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Speaker 1: for you? Stressful?

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Speaker 2: I think it would be both.

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Speaker 4: There are things that would test me, but I don't

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Speaker 4: know that I would ever not go back, you know,

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Speaker 4: I think it would only ever be a temporary break

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Speaker 4: from it because it is just so convenient.

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Speaker 3: And Michael, there is no way in the world you

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Speaker 3: could have a day without digital little ine a week.

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Speaker 1: No, no, I realize, I am just so. It is

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Speaker 1: just it is through every single part of my life

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Speaker 1: that like the moments when the Internet goes down and

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Speaker 1: all of a sudden you've just had an outage for

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Speaker 1: whatever reason, and things for all apart alarmingly quickly I

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Speaker 1: reckon within about fifteen minutes. Just suddenly it's like, oh

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Speaker 1: my god, this is how it was in the dark ages.

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Speaker 1: And like if there was a if there was like

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Speaker 1: a zombie apocalypse, for instance, I would be I would

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Speaker 1: be wiped out in the first wave because I've suddenly

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Speaker 1: got no survival skills in a non digital world. So anyway,

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Speaker 1: there we go. Thank you Sean, Thank you, Michael, Thank

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Speaker 1: you Adam, Thanks Adam, thank you both.

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Speaker 2: That was terrufic.

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Speaker 1: If you've got a question that you'd like us to

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Speaker 1: tackle and send it through, get us on LinkedIn or

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Speaker 1: Instagram or at fearandreed dot com dot au. I'm Michael Thompson.

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Speaker 1: And this is fear and reed, Q and a