WEBVTT - The Ivy League Bows to Trump, Plus Protecting Your Genetic Data and Your Time

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<v Speaker 1>Pushkin.

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<v Speaker 2>Welcome back to Risky Business, a show about making better decisions.

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<v Speaker 2>I'm Maria Kanakova.

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<v Speaker 3>And I'm Nate Silver.

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<v Speaker 2>Today on the show, Nate, we're going to start by

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<v Speaker 2>talking about brackets. I don't sound very excited because I'm

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<v Speaker 2>not doing well, but we'll do a full catch up

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<v Speaker 2>there and talk also a little bit about free speech,

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<v Speaker 2>what's going on right now in college campuses, and then

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<v Speaker 2>go into twenty three and meters and whether it's a

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<v Speaker 2>good idea to send your ganic and data to a

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<v Speaker 2>private company. Tough one, tough one, Hey, tough one. And

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<v Speaker 2>then finally, let's talk about how we value our time.

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<v Speaker 2>So you know, how do you make decisions that trade

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<v Speaker 2>off time against other things? How do you actually think

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<v Speaker 2>about that? Let's get into it with some march madness, Nate,

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<v Speaker 2>I have watched more basketball in the last week than

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<v Speaker 2>I think.

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<v Speaker 3>I have or something.

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<v Speaker 2>No, I've actually watched multiple games. I've watched multiple games

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<v Speaker 2>because I was first rooting for Tennessee. You know, I

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<v Speaker 2>was anti sweating Florida. There were so many games that

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<v Speaker 2>just did not go way. I have quite a chat

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<v Speaker 2>going with Monty who if people were not listening to

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<v Speaker 2>our show. A few weeks ago, Monty McNair helped me

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<v Speaker 2>with my brackets, and on Saturday I texted him and said,

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<v Speaker 2>I'm anti sweating Florida hard, to which he said, we've

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<v Speaker 2>made you a college basketball junkie, given how often I

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<v Speaker 2>am texting him now, And I said no, I just

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<v Speaker 2>I said, ha ha ha, We've got to beat Nate

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<v Speaker 2>and he said, for sure, this would help, and then

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<v Speaker 2>Florida made a comeback.

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<v Speaker 3>So you need are you drawing?

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<v Speaker 1>No? I need Duke to win.

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<v Speaker 2>Oh, if Duke wins, I win, I'm not drawing dead.

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<v Speaker 3>I think I fucked up the whole game theory because

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<v Speaker 3>I should have just picked Dukes if I was going

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<v Speaker 3>to be ahead, and I out psyched myself. So yeah, anyway, yeah,

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<v Speaker 3>I'm already pretty anti Duke, justin general in life and

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<v Speaker 3>also in some of my real sports tie way, you

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<v Speaker 3>want a little you went a little tidbit into like

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<v Speaker 3>the sports betting, the sports betting.

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<v Speaker 1>Life, right, Yeah, it's dark always so far.

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<v Speaker 3>I bet Let me see here, I have bet one

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<v Speaker 3>hundred and twenty units on the NCAA tournament. Both the

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<v Speaker 3>men and the women were equal opportunity here, and I'm

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<v Speaker 3>ahead by zero point six. Oh wow, this is yeah,

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<v Speaker 3>this is how it often goes where but you're ahead,

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<v Speaker 3>which is better than ninety eight percent of people. I

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<v Speaker 3>would imagine we would really like it if Houston wins.

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<v Speaker 3>We would like it if Florida went, both for our

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<v Speaker 3>bracket and for my old bets. I mean, like, if

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<v Speaker 3>this South Carolina win and win, so that happens, we

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<v Speaker 3>end up underwater probably.

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<v Speaker 2>Well, I would like Duke to win. I am now

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<v Speaker 2>one hundred percent on Duke. I you know, it's so funny.

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<v Speaker 2>This is, as I told Monty, this is why I

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<v Speaker 2>do not watch sports normally. It is wild because Florida

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<v Speaker 2>so nate because you have Florida winning. I was anti

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<v Speaker 2>sweating them right because they were behind in that game

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<v Speaker 2>and it looked like they might lose, which would be

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<v Speaker 2>great because I need Florida to not win along with

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<v Speaker 2>Duke winning. And I just had to say, this is

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<v Speaker 2>why I don't watch sports, to which you said it's

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<v Speaker 2>an emotional roller coaster, which it really is, but we

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<v Speaker 2>are still alive, and it does They'll make it a

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<v Speaker 2>lot more fun to be sweating anti sweating. It's kind

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<v Speaker 2>of like poker, right when I know the people playing.

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<v Speaker 2>It's always fun when I like people to root for,

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<v Speaker 2>and it's also really really fun when I dislike someone

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<v Speaker 2>and I'm.

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<v Speaker 1>Just actively.

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<v Speaker 2>I do not answer that on a public podcast that

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<v Speaker 2>is being listened to by tens of thousands of people.

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<v Speaker 3>Maybe a gender and a nationality that doesn't really narrow

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<v Speaker 3>it less, like Slovenian or something.

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<v Speaker 2>Well, one of the people. I can't give you a nationality,

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<v Speaker 2>but my mail.

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<v Speaker 1>Okay, thanks, thanks mail. Oh okay.

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<v Speaker 2>One of the people I most dislike is male and

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<v Speaker 2>uh oh fuck no that that that's gonna that's gonna error.

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<v Speaker 1>I don't want to be mean. I I don't.

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<v Speaker 2>I don't want to be mean, but I think some

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<v Speaker 2>of these people, oh male an American. Here we go,

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<v Speaker 2>I know one of the people.

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<v Speaker 3>I'm you're not allowed to give an answer.

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<v Speaker 1>There you go, but it's true to you.

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<v Speaker 3>Okay, okay, But.

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<v Speaker 2>It's always it's always very fun to anti sweat as well.

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<v Speaker 2>That's that's mean of me, isn't it.

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<v Speaker 3>No, That's how we get our pleasure in life. I mean,

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<v Speaker 3>that's why people, this is why humans are human beings. Right.

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<v Speaker 3>We fight for honor, we fight to the death, you know,

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<v Speaker 3>and the people in charge of country also seem to

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<v Speaker 3>be fueled by grievance. I don't know if we want

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<v Speaker 3>to talk about politics or net.

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<v Speaker 2>Yeah, yeah, I mean, I think the one thing that

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<v Speaker 2>I would like to talk about, just briefly, because I

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<v Speaker 2>think it's really important, is what's happening right now with

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<v Speaker 2>you know, free speech in this country and with how

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<v Speaker 2>college's universities are reacting to pressure from Trump. Not just universities,

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<v Speaker 2>by the way, this is happening everywhere law firms. You know,

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<v Speaker 2>there's just this big muzzling where where people are just

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<v Speaker 2>caving left and right. But one of the things that,

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<v Speaker 2>you know, it's very personal to me because first, my

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<v Speaker 2>graduate alma mater, Columbia University, just completely cave to Trump,

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<v Speaker 2>making me, frankly, just very upset that I went there,

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<v Speaker 2>like kind of embarrassed that I have a Columbia degree

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<v Speaker 2>by how it handled this whole thing. And now there

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<v Speaker 2>was a threat made against my undergraduate alma mater, Harvard,

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<v Speaker 2>to withdraw nine billion dollars worth of funding, and we

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<v Speaker 2>got this lovely email from the Harvard president and other

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<v Speaker 2>people basically saying all of the ways that they're going

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<v Speaker 2>to give in to the Trump demands before he's even

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<v Speaker 2>made anything so that the funding is not cut. And

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<v Speaker 2>the Crimson, by the way, the Harvard Crimson, which is

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<v Speaker 2>the Harvard student newspaper, ran an editorial by students last

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<v Speaker 2>week which was like, you can't cave in, right, you

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<v Speaker 2>need to stand up for academic integrity, for free speech.

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<v Speaker 2>And now the Harvard administration's like, yeah, you know, we're

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<v Speaker 2>just going to quietly and meekly do this thing. And

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<v Speaker 2>to me, if you're looking at this kind of through

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<v Speaker 2>a game theory lens, right, everyone is showing themselves to

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<v Speaker 2>be completely risk intolerant, like knits to the twentieth twenty

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<v Speaker 2>millionth degree that they are just saying, we're going to

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<v Speaker 2>cover our asses. We're not going to speak out in solidarity,

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<v Speaker 2>we're not going to do anything. We just want to

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<v Speaker 2>protect ourselves right now. And that's incredibly shortsighted, I think,

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<v Speaker 2>because this is not a single iteration game. This is

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<v Speaker 2>going to be a repeat game. And if you give

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<v Speaker 2>in right now, you know, what are you doing right?

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<v Speaker 2>What is happening to your ability to take risks in

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<v Speaker 2>the future, to research, to just everything. And I'm looking

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<v Speaker 2>at this and I'm saying, you guys, like, you really

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<v Speaker 2>need to speak up and stand up to this. Harvard

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<v Speaker 2>can afford to, right. I realize that billions are a lot,

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<v Speaker 2>but Harvard has the second largest endowment.

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<v Speaker 3>In the world two billion dollars three billions sorry ms

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<v Speaker 3>billion here there.

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<v Speaker 2>This is, I mean, this is what it's there for,

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<v Speaker 2>right to protect academic freedom and the future of the

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<v Speaker 2>research and the work that you do. So if Harvard

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<v Speaker 2>is caving, if Columbia is caving, there's just no future

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<v Speaker 2>for the rest of it. And we have to remember

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<v Speaker 2>that this is where some of our most important research, ideas,

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<v Speaker 2>just everything come from. And it's just it's also we

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<v Speaker 2>don't even have to talk about how, you know, hypocritical.

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<v Speaker 2>It is that Trump was saying that he was going

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<v Speaker 2>to be supporting free speech and now this is happening.

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<v Speaker 2>But I think we can could have predicted that. But anyway,

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<v Speaker 2>I think it's a very scary response because this is

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<v Speaker 2>you know, shutting up, being quiet, being meek, not taking

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<v Speaker 2>risks at this point, not speaking out is how we

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<v Speaker 2>go down a very dark path. And I think that

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<v Speaker 2>people will be rewarded for taking risks right now, but

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<v Speaker 2>they don't think of it that way. Right It's a

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<v Speaker 2>cover my ass immediately type of reaction, which, yeah, which

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<v Speaker 2>I think is the wrong way of looking at it.

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<v Speaker 3>You know, I forgot to pack the world's tiny oft

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<v Speaker 3>file in in my luggage. But like I, out of

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<v Speaker 3>all things Trump is doing, going after the Ivy League

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<v Speaker 3>universes is one of the things I'm most sympathetic too,

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<v Speaker 3>and where we probably have an audience that over your

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<v Speaker 3>next is. But I think for years these universes and

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<v Speaker 3>there are exceptions. I would think that my elemmentar Eativers

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<v Speaker 3>of Chicago is one of them. But like these universes

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<v Speaker 3>have lit a culture of free speech in road, they

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<v Speaker 3>have let their at it's become politicized, I think, in

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<v Speaker 3>one direction towards a certain type of lectning behavior, and

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<v Speaker 3>they after this though they were immune from public backlash,

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<v Speaker 3>and believe me, Harvard is more immune from it than

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<v Speaker 3>state schools, for example. But I think there's a reason

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<v Speaker 3>why Trump is going after these schools and not the

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<v Speaker 3>University of Texas, the University of Maryland or things like that.

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<v Speaker 3>So I look, I mean, I think they should tap

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<v Speaker 3>any endowment and tell Trump to to fuck off, Like

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<v Speaker 3>what's it? What's it for?

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<v Speaker 2>Uh?

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<v Speaker 3>But I don't know, I don't want to say that,

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<v Speaker 3>like I am questioning the utility of like do Ivy

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<v Speaker 3>League schools make America better? I'm not sure about that.

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<v Speaker 2>Actually, well, I think that I think that they do

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<v Speaker 2>in the sense of, you know, the research that they

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<v Speaker 2>the research conduct is but but where else, like that's

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<v Speaker 2>you know, where the cutting edge research is happening, not

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<v Speaker 2>just Ivy leagues obviously, but in the universities. It's happening

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<v Speaker 2>in those laboratories. It's happening in those graduate departments. That's

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<v Speaker 2>where all of the scientific innovation is happening. Those ideas

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<v Speaker 2>are not coming from the private sector like that's economics

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<v Speaker 2>one oh one, right, that they will not fund them

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<v Speaker 2>until the research is at a certain stage then they

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<v Speaker 2>will fund them. But that research, those idea explorations that.

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<v Speaker 3>Happens within that happens.

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<v Speaker 2>Oh I'm talking about I'm talking about other like basic science,

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<v Speaker 2>not tech, that all happens in academia. So so I

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<v Speaker 2>think that the value here is absolutely enormous. And I

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<v Speaker 2>actually hate so obviously I'm Jewish, very sensitive to anti

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<v Speaker 2>Semitism stuff, but I hate that he's using that as

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<v Speaker 2>kind of to make people be like, oh, well, you know,

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<v Speaker 2>we're combating anti semitism. It's not that bad. No, like

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<v Speaker 2>this has nothing to do with anti semitism, because he

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<v Speaker 2>has plenty of very anti Semitic policies.

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<v Speaker 1>He's using that.

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<v Speaker 2>As a cover to basically assert his will and say that,

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<v Speaker 2>you know that I can dictate what universities can and

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<v Speaker 2>can't do. Academia is not perfect, far from perfect. We've

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<v Speaker 2>talked about this before. It needs to be reformed. But

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<v Speaker 2>Paul Weiss, like, what the fuck?

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<v Speaker 1>You know?

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<v Speaker 2>You have this happening, This muzzling people, just backing down

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<v Speaker 2>and not saying anything, happening everywhere you know, law firms,

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<v Speaker 2>and it's just to me, that's that's a very scary

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<v Speaker 2>precedent to set. I just read that the former head

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<v Speaker 2>of Doctors Without Borders had her presentation. I think it

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<v Speaker 2>was at NYU canceled for being anti government because she

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<v Speaker 2>was going to be talking about USAID cuts. Like that's

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<v Speaker 2>fucked up, right, Like that that kind of thing is

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<v Speaker 2>is totally fucked up, and people are scared. And the

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<v Speaker 2>moment that you're the most scared is when you actually

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<v Speaker 2>should start taking these risks and protesting because it's only

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<v Speaker 2>going to get worse. And you know, let's just look

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<v Speaker 2>at the big picture as opposed to like the nitty

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<v Speaker 2>gritty and say that this is not good. The fact

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<v Speaker 2>that Columbia kept capitulated is not good, setting a horrible precedent,

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<v Speaker 2>and I think it makes it even more important for

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<v Speaker 2>places like Harvard to say fuck you, and the fact

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<v Speaker 2>that they haven't is not good.

0:12:03.404 --> 0:12:06.444
<v Speaker 3>I'm not as sure that it's only going to get worse.

0:12:06.764 --> 0:12:09.604
<v Speaker 3>Trump is probably going to keep getting more unpopular, particularly

0:12:09.724 --> 0:12:14.244
<v Speaker 3>if the economy suffers due to I mean, we're like, oh,

0:12:14.364 --> 0:12:16.524
<v Speaker 3>we won the election on inflation, so let's make cars

0:12:16.604 --> 0:12:19.964
<v Speaker 3>more extensive like that seems like a pretty stupid idea,

0:12:20.044 --> 0:12:24.244
<v Speaker 3>Maria from a risk management standpoint, and.

0:12:25.324 --> 0:12:27.604
<v Speaker 1>Okay, paying higher prices night Americans will be.

0:12:27.564 --> 0:12:31.164
<v Speaker 3>Okay, investors are longer buy it. Like GM stock was

0:12:31.204 --> 0:12:33.804
<v Speaker 3>off quite a bit more than some of the four manufacturers.

0:12:34.124 --> 0:12:38.764
<v Speaker 3>Tesla's stock was off quite a bit. But you know,

0:12:39.204 --> 0:12:43.444
<v Speaker 3>I think Trump has been smart in the tactical sense

0:12:43.484 --> 0:12:46.244
<v Speaker 3>of trying to pack a lot in at the start.

0:12:46.764 --> 0:12:48.924
<v Speaker 3>When they adamare political capital, they're probably going to lose

0:12:48.924 --> 0:12:52.524
<v Speaker 3>political capital over time, and when they're resistance, I mean

0:12:52.524 --> 0:12:54.524
<v Speaker 3>that both kind of figurably and literally is kind of

0:12:54.604 --> 0:12:59.164
<v Speaker 3>like confused and it's combobulated. Look, there are lovers in

0:12:59.204 --> 0:13:02.404
<v Speaker 3>the system. The courts can fight back, people can protest.

0:13:02.964 --> 0:13:05.764
<v Speaker 3>We have a decentralized system of government in which states

0:13:05.804 --> 0:13:09.964
<v Speaker 3>and localities have a lot of power. Potentially their midterm

0:13:10.004 --> 0:13:13.524
<v Speaker 3>elections coming up. There are special elections increening one or

0:13:13.564 --> 0:13:16.284
<v Speaker 3>to today in Florida, re seats that the jup will

0:13:16.284 --> 0:13:20.564
<v Speaker 3>probably hold, but much closer than you would typically expect it.

0:13:20.564 --> 0:13:23.484
<v Speaker 3>If there's a huge surprise, then you know, and then

0:13:23.564 --> 0:13:27.004
<v Speaker 3>within the realm of remote possibility, I suppose. And by

0:13:27.044 --> 0:13:31.404
<v Speaker 3>the way, Democrats having well, I mean, look the racing

0:13:32.204 --> 0:13:34.844
<v Speaker 3>it's kind of more competitive, probably was in upstate New York,

0:13:34.924 --> 0:13:38.284
<v Speaker 3>but I mean stathetic. Harvard, right, by the way, is

0:13:38.324 --> 0:13:41.604
<v Speaker 3>no longer being nominated to the UN because Trump is

0:13:41.604 --> 0:13:44.244
<v Speaker 3>afraid of nominating a someone who in a district he

0:13:44.324 --> 0:13:46.684
<v Speaker 3>won by twenty one points because it might cut their

0:13:46.684 --> 0:13:50.204
<v Speaker 3>majority too much. Right, so you know, so there is

0:13:50.364 --> 0:13:54.364
<v Speaker 3>resistance elon Musk, you see, even more in popular than Trump.

0:13:55.724 --> 0:13:58.364
<v Speaker 3>The point is not lost though that like when you

0:13:58.404 --> 0:14:00.204
<v Speaker 3>create a precedent that you can cave and you saw,

0:14:00.284 --> 0:14:02.404
<v Speaker 3>by the way, this happened with with like Canada and

0:14:02.484 --> 0:14:06.564
<v Speaker 3>Mexico to some degree on tariffs. At first, the conservatives

0:14:06.564 --> 0:14:08.604
<v Speaker 3>in Canada were like, Okay, well, I just give you

0:14:08.604 --> 0:14:11.084
<v Speaker 3>this little tribune, right and then and their voters got

0:14:11.124 --> 0:14:12.804
<v Speaker 3>furious at them, right.

0:14:13.044 --> 0:14:13.244
<v Speaker 1>You know.

0:14:13.324 --> 0:14:15.804
<v Speaker 3>Also, some of the Harvard donors would be like, fuck you, Harvard.

0:14:15.804 --> 0:14:17.204
<v Speaker 3>I'm not if you could pitch like Trump, then I'm

0:14:17.204 --> 0:14:19.204
<v Speaker 3>not doing any of you anymore. So You're gonna cost you

0:14:19.244 --> 0:14:21.444
<v Speaker 3>money either way. And they have fifty two million dollars

0:14:21.724 --> 0:14:24.364
<v Speaker 3>to burn, billion dollars to burn, and so you know, again,

0:14:24.404 --> 0:14:27.124
<v Speaker 3>I'm not that I'm not that sympathetic, but I think

0:14:27.684 --> 0:14:34.004
<v Speaker 3>probably probably the worst hight paying job in the country

0:14:34.044 --> 0:14:38.084
<v Speaker 3>would be president of a major research IVY League university

0:14:39.244 --> 0:14:39.644
<v Speaker 3>right now.

0:14:39.724 --> 0:14:44.164
<v Speaker 2>Yes, and we know that the Columbia president has resigned again,

0:14:45.604 --> 0:14:50.564
<v Speaker 2>and yeah, this this is definitely an unprecedented kind of

0:14:50.604 --> 0:14:52.884
<v Speaker 2>assault on a lot in a lot of in a

0:14:52.924 --> 0:14:53.484
<v Speaker 2>lot of ways.

0:14:53.724 --> 0:14:55.724
<v Speaker 1>Let's see how it goes. Nate.

0:14:55.764 --> 0:14:59.284
<v Speaker 2>I hope that your optimism is warranted. I'm much more pessimistic.

0:14:59.324 --> 0:15:02.484
<v Speaker 2>I think it is going to get worse before it

0:15:02.484 --> 0:15:04.764
<v Speaker 2>gets better. If it gets better.

0:15:04.724 --> 0:15:07.204
<v Speaker 3>I'm not actually optimistic. I don't think about the picture

0:15:07.284 --> 0:15:12.084
<v Speaker 3>of the country. I mean, you know, look, Trump does

0:15:12.124 --> 0:15:16.924
<v Speaker 3>things and then the courts react. But I do think

0:15:16.924 --> 0:15:19.004
<v Speaker 3>you have to recognize though, that to some extent they

0:15:19.044 --> 0:15:24.444
<v Speaker 3>are signing from a position of weakness, right, They're not.

0:15:24.644 --> 0:15:26.924
<v Speaker 3>I mean, although even here let me qualify that a bit.

0:15:27.164 --> 0:15:29.604
<v Speaker 3>It is also true that like these I of the universes,

0:15:29.644 --> 0:15:35.324
<v Speaker 3>like I said, are unsympathetic targets, right, And the reason

0:15:35.364 --> 0:15:38.164
<v Speaker 3>why they kind of frame it around anti Semitism is

0:15:38.204 --> 0:15:41.284
<v Speaker 3>because that's an issue that like does capture some of

0:15:41.324 --> 0:15:45.244
<v Speaker 3>the center. But George, people were pissed off about the

0:15:45.284 --> 0:15:48.164
<v Speaker 3>congressional hearings in twenty twenty three, for example, the three

0:15:48.244 --> 0:15:50.524
<v Speaker 3>university presence and so like, so they're kind of like

0:15:50.604 --> 0:15:54.164
<v Speaker 3>tactically smart about like, oh, acting their targets a little bit.

0:15:54.404 --> 0:15:55.724
<v Speaker 3>But I don't know, yeah, I don't know.

0:15:56.244 --> 0:15:59.324
<v Speaker 2>Yeah, it's tactically I mean, it's obviously one hundred percent disingenuous,

0:15:59.324 --> 0:16:02.644
<v Speaker 2>but very tactically smart way for Trump forgetting what he wants,

0:16:03.364 --> 0:16:05.804
<v Speaker 2>which is this kind of culture where everyone is scared

0:16:05.804 --> 0:16:08.564
<v Speaker 2>to say anything, and that's why he's doing it and

0:16:08.604 --> 0:16:10.724
<v Speaker 2>framing it the way he is. It's actually like it's

0:16:10.724 --> 0:16:13.724
<v Speaker 2>a very savvy way of doing it. Which is why

0:16:13.724 --> 0:16:14.564
<v Speaker 2>it's very scary.

0:16:15.284 --> 0:16:18.324
<v Speaker 3>The last thing I'll say is that like history will

0:16:18.364 --> 0:16:20.484
<v Speaker 3>remember this, I don't need to dramatize this as the same

0:16:20.524 --> 0:16:23.404
<v Speaker 3>as like the most important pivot point in American history.

0:16:23.444 --> 0:16:25.164
<v Speaker 3>I'm just saying, like a lot of people have done

0:16:25.204 --> 0:16:28.244
<v Speaker 3>a lot of really cringey things in the first what

0:16:28.404 --> 0:16:30.764
<v Speaker 3>is it now, two and a half months of Trump, Right,

0:16:31.244 --> 0:16:34.364
<v Speaker 3>all the CEOs who met the need at the inauguration,

0:16:34.684 --> 0:16:38.444
<v Speaker 3>and all the people who are you know, but the networks,

0:16:38.564 --> 0:16:40.444
<v Speaker 3>even the liberals are now back to watching the news

0:16:40.484 --> 0:16:43.164
<v Speaker 3>who fired all their liberal correspondents, right, But like that

0:16:43.204 --> 0:16:46.604
<v Speaker 3>stuff will not age well if Trump goes down as

0:16:46.644 --> 0:16:52.164
<v Speaker 3>an unsuccessful president or worse dot right And again, I

0:16:52.204 --> 0:16:55.524
<v Speaker 3>think you can see the trajectory already toward him becoming

0:16:56.164 --> 0:16:59.204
<v Speaker 3>more unpopular. If you didn't fuck up the economy, it

0:16:59.244 --> 0:17:01.244
<v Speaker 3>might be a whole different ballgame. If you want to

0:17:01.284 --> 0:17:05.124
<v Speaker 3>be like a fucking dictator, then ruining the economy is

0:17:05.124 --> 0:17:07.004
<v Speaker 3>about the stupidest thing you can do in terms of

0:17:07.084 --> 0:17:08.564
<v Speaker 3>maintaining public support.

0:17:09.764 --> 0:17:11.364
<v Speaker 1>Yeah, I think that's right.

0:17:11.444 --> 0:17:14.484
<v Speaker 2>So I hope, I hope it all falls down around him,

0:17:14.484 --> 0:17:16.004
<v Speaker 2>and I hope you're right that the Sarah will be

0:17:16.004 --> 0:17:19.404
<v Speaker 2>remembered as that as opposed to the start of the

0:17:19.484 --> 0:17:23.444
<v Speaker 2>end offination democracy. If we're being dramatic, I hope we

0:17:23.524 --> 0:17:24.404
<v Speaker 2>don't get that far.

0:17:25.164 --> 0:17:26.604
<v Speaker 1>There's a there's.

0:17:26.444 --> 0:17:32.364
<v Speaker 3>A gray zone, now there are any democracy already has

0:17:32.404 --> 0:17:35.564
<v Speaker 3>been weekend a little bit right, get a little bit weaker.

0:17:35.964 --> 0:17:38.844
<v Speaker 1>Yeah, Let's let's hope the gray zone resolves.

0:17:40.204 --> 0:17:42.844
<v Speaker 2>In a good way and not in the dictatorial way.

0:17:45.484 --> 0:17:48.844
<v Speaker 2>Let's take a little break and talk about something that

0:17:49.084 --> 0:17:52.844
<v Speaker 2>is also newsy but very different. Let's talk about twenty

0:17:52.884 --> 0:18:11.764
<v Speaker 2>three and me. Have you ever given your genetic data

0:18:11.844 --> 0:18:14.564
<v Speaker 2>to a website?

0:18:14.764 --> 0:18:15.644
<v Speaker 3>No, and I don't think.

0:18:15.684 --> 0:18:19.124
<v Speaker 2>I don't think I would neither have I. I am

0:18:19.164 --> 0:18:22.964
<v Speaker 2>one of those people who forever I told everyone in

0:18:23.004 --> 0:18:26.764
<v Speaker 2>my family was like, do not ever upload your genetic

0:18:26.844 --> 0:18:29.884
<v Speaker 2>information to twenty three and meters, to ancestry dot com,

0:18:29.924 --> 0:18:33.204
<v Speaker 2>to any of those, do not give your genetic data

0:18:33.244 --> 0:18:37.524
<v Speaker 2>to any private corporation because of a lot of things.

0:18:37.844 --> 0:18:41.404
<v Speaker 2>First of all, you know obviously data security. Second of all,

0:18:41.524 --> 0:18:44.244
<v Speaker 2>you are not protected. You know, this is not health

0:18:45.084 --> 0:18:48.404
<v Speaker 2>services that hit backed does not protect you whatsoever. And

0:18:48.444 --> 0:18:51.204
<v Speaker 2>it's just it's just dumb. And also you can't see

0:18:51.204 --> 0:18:53.204
<v Speaker 2>the future. We were just talking about being in a

0:18:53.204 --> 0:18:56.444
<v Speaker 2>gray zone politically right now, like, who is your data

0:18:56.484 --> 0:18:59.644
<v Speaker 2>going to be sold to? Potentially? How will it be used?

0:18:59.844 --> 0:19:03.124
<v Speaker 2>How will you potentially be discriminated against in the future

0:19:03.204 --> 0:19:06.524
<v Speaker 2>once we know that ooh, this combination of genes equals

0:19:06.644 --> 0:19:09.724
<v Speaker 2>this in terms of your risk for this disease. And

0:19:09.764 --> 0:19:12.564
<v Speaker 2>so now insurance companies you know, are are going to

0:19:12.604 --> 0:19:15.324
<v Speaker 2>have access to that. You don't know any of this anyway.

0:19:15.364 --> 0:19:19.084
<v Speaker 2>I have never given my genetic information, and I think

0:19:19.084 --> 0:19:22.844
<v Speaker 2>that the risks for individuals at weigh any potential benefits

0:19:22.844 --> 0:19:25.164
<v Speaker 2>of being able to say, oh, look, Nate, you and

0:19:25.244 --> 0:19:28.124
<v Speaker 2>I are twentieth cousins once removed.

0:19:28.364 --> 0:19:29.244
<v Speaker 1>How cool is that?

0:19:30.444 --> 0:19:32.444
<v Speaker 3>Well, people can do that for that reason, for the

0:19:32.524 --> 0:19:35.044
<v Speaker 3>for the what's it called genealogy? Is that? What the

0:19:35.124 --> 0:19:35.964
<v Speaker 3>what do the Mormons do?

0:19:36.004 --> 0:19:41.044
<v Speaker 2>A lot of Oh I don't yeah, genealogy, Yeah, genealogy, Okay, yeah.

0:19:41.564 --> 0:19:44.004
<v Speaker 2>Ancestry dot com is all about so twenty three and

0:19:44.084 --> 0:19:46.764
<v Speaker 2>meter is all about health data. Ancestry dot com is

0:19:46.804 --> 0:19:49.244
<v Speaker 2>all about genealogy. Either way, you have to give your

0:19:49.284 --> 0:19:52.204
<v Speaker 2>genetic information too to do this, and I think people

0:19:52.284 --> 0:19:56.124
<v Speaker 2>did it as kind of a novelty thing curiosity, Right,

0:19:56.164 --> 0:19:59.484
<v Speaker 2>you want to find out stuff. But I think that

0:19:59.564 --> 0:20:03.644
<v Speaker 2>those motivations are not sufficient because of the risks that

0:20:03.684 --> 0:20:04.284
<v Speaker 2>a company it.

0:20:04.884 --> 0:20:06.844
<v Speaker 3>Yeah, I think you could also do genetics reading for

0:20:07.004 --> 0:20:09.004
<v Speaker 3>certain disease.

0:20:10.164 --> 0:20:13.044
<v Speaker 2>I mean they used to be so twenty three and

0:20:13.164 --> 0:20:16.524
<v Speaker 2>meters over promised and under delivered on that front because

0:20:16.564 --> 0:20:20.924
<v Speaker 2>genetics can we just like pause this and go back

0:20:20.964 --> 0:20:23.404
<v Speaker 2>out for a second and say, genetics is really complicated, right,

0:20:23.684 --> 0:20:27.004
<v Speaker 2>and there are very very few genetic conditions where it's

0:20:27.084 --> 0:20:31.084
<v Speaker 2>like this gene maps to this risk. Yes, there are

0:20:31.124 --> 0:20:34.084
<v Speaker 2>a few of them, but it's tiny, tiny, tiny, And

0:20:34.164 --> 0:20:35.924
<v Speaker 2>at first twenty three and me was trying to cover

0:20:36.004 --> 0:20:38.324
<v Speaker 2>everything and be like, oh, well there was one paper

0:20:38.324 --> 0:20:40.724
<v Speaker 2>about this and that, and so you can have false positive,

0:20:40.764 --> 0:20:44.004
<v Speaker 2>false negatives, like just stuff that there wasn't enough data for.

0:20:44.404 --> 0:20:46.884
<v Speaker 2>And then the type of testing they were doing is

0:20:46.924 --> 0:20:49.164
<v Speaker 2>not at the level that you would get if you actually,

0:20:49.244 --> 0:20:52.524
<v Speaker 2>you know, are in a doctor's office health you know

0:20:52.724 --> 0:20:56.204
<v Speaker 2>situation where you're getting screened for all of these things correctly.

0:20:56.444 --> 0:20:59.524
<v Speaker 2>And so there was a lot of uncertainty involved. There's

0:20:59.604 --> 0:21:03.084
<v Speaker 2>a lot of actually ethical gray zones, even if you're

0:21:03.124 --> 0:21:05.764
<v Speaker 2>doing it in a doctor's office, with screening for things

0:21:06.004 --> 0:21:09.284
<v Speaker 2>that are actually pretty black and white, like the BRCA

0:21:09.484 --> 0:21:14.084
<v Speaker 2>gene and breast cancer. Right, there's a lot of kind

0:21:14.084 --> 0:21:17.604
<v Speaker 2>of controversy around well, you know, how do you how

0:21:17.644 --> 0:21:20.724
<v Speaker 2>do you communicate it? You know, do you tell people

0:21:21.324 --> 0:21:22.804
<v Speaker 2>what can they do? What if they didn't want to

0:21:22.844 --> 0:21:25.644
<v Speaker 2>screen for it but you found out and there are

0:21:25.644 --> 0:21:28.324
<v Speaker 2>people you train doctors, and okay, how do you communicate

0:21:28.364 --> 0:21:28.884
<v Speaker 2>this risk?

0:21:29.084 --> 0:21:30.084
<v Speaker 1>What do you say?

0:21:30.284 --> 0:21:32.324
<v Speaker 2>You know, how do you give this life changing information

0:21:32.484 --> 0:21:35.164
<v Speaker 2>to someone twenty three and me? Like, there's none of that, right,

0:21:35.204 --> 0:21:37.244
<v Speaker 2>You just like get your results back and you're like,

0:21:37.604 --> 0:21:40.604
<v Speaker 2>oh wow, Like, oh my god, what am I supposed

0:21:40.644 --> 0:21:43.124
<v Speaker 2>to do with that? So there it was ethically fraud

0:21:43.204 --> 0:21:46.204
<v Speaker 2>even on that front. And I would not have used

0:21:46.244 --> 0:21:49.124
<v Speaker 2>it to find out my you know, genetic risk of something.

0:21:49.364 --> 0:21:51.884
<v Speaker 2>I would have gone to a doctor to get those tests.

0:21:52.924 --> 0:21:56.604
<v Speaker 3>Yeah, what I've seen friends who've done it. It's quite vague, right,

0:21:56.644 --> 0:21:58.564
<v Speaker 3>It's like, oh, you have an elevator risk of this

0:21:58.684 --> 0:22:01.564
<v Speaker 3>area or that area. Right, if you have elevated risk

0:22:01.644 --> 0:22:03.804
<v Speaker 3>of some condition in effects one and a hundred thousand people,

0:22:03.884 --> 0:22:07.324
<v Speaker 3>then you're probably harming yourself more with the extra stress

0:22:07.324 --> 0:22:10.564
<v Speaker 3>of that then, and you're learning altered about your chances.

0:22:10.764 --> 0:22:14.324
<v Speaker 3>I just don't trust anybody with giving away information. I

0:22:14.364 --> 0:22:16.044
<v Speaker 3>kind of assume it'll be leaked at some point.

0:22:16.084 --> 0:22:19.724
<v Speaker 2>If absolutely, if it gets there, should happens, and your

0:22:19.764 --> 0:22:23.284
<v Speaker 2>information is not secure. And I actually I hate, you know,

0:22:23.364 --> 0:22:26.044
<v Speaker 2>all biometrics, Like I hate that at this point, like

0:22:26.044 --> 0:22:28.604
<v Speaker 2>in the airports, you have to smile into the camera

0:22:28.804 --> 0:22:31.804
<v Speaker 2>and it always yeah I do. It's very easy, but

0:22:31.844 --> 0:22:35.124
<v Speaker 2>it's it is much faster, right, But we're giving up

0:22:35.164 --> 0:22:36.924
<v Speaker 2>so much privacy for convenience.

0:22:37.044 --> 0:22:41.364
<v Speaker 3>Yeah, travel is right. Yeah, travel is a right, not

0:22:41.484 --> 0:22:44.044
<v Speaker 3>a privilege. My partner of this character, it's like kind

0:22:44.044 --> 0:22:48.044
<v Speaker 3>of Mary Joe Quimby from the Simpsons, like or a Channy,

0:22:48.044 --> 0:22:51.004
<v Speaker 3>but like only campaigns and like frequent flyer complaints. We

0:22:51.164 --> 0:22:54.524
<v Speaker 3>will have a bit of sky lounge.

0:22:55.964 --> 0:22:57.604
<v Speaker 2>I think, I think, I think you've got to You've

0:22:57.644 --> 0:23:01.644
<v Speaker 2>got to hit on yours. No, it is, so that's

0:23:01.644 --> 0:23:03.924
<v Speaker 2>the thing. I do it because it's much faster, and

0:23:03.964 --> 0:23:06.164
<v Speaker 2>there's always a thing. So I was gonna say, there's

0:23:06.164 --> 0:23:08.084
<v Speaker 2>always a thing that says, oh you can opt out, right,

0:23:08.124 --> 0:23:10.524
<v Speaker 2>you don't have to do the biometric thing.

0:23:10.844 --> 0:23:12.044
<v Speaker 1>We delete the data right.

0:23:11.964 --> 0:23:13.364
<v Speaker 2>Away, and I was like, oh, but it's going to

0:23:13.404 --> 0:23:15.244
<v Speaker 2>take If I say I want to opt out, it's

0:23:15.284 --> 0:23:16.964
<v Speaker 2>going to take me like twenty minutes to get through

0:23:17.004 --> 0:23:18.924
<v Speaker 2>security because then they're going to pull me aside and

0:23:18.924 --> 0:23:19.724
<v Speaker 2>do all this stuff.

0:23:19.844 --> 0:23:21.404
<v Speaker 1>So I don't opt out. I just do that.

0:23:21.764 --> 0:23:24.284
<v Speaker 2>But I still don't love it, because you know, you're

0:23:24.324 --> 0:23:27.404
<v Speaker 2>giving all of your facial data, biometric data. I don't

0:23:27.404 --> 0:23:29.884
<v Speaker 2>want it, you know, as far as I can tell, Like,

0:23:30.004 --> 0:23:33.404
<v Speaker 2>I'd rather just not give as much data as I

0:23:33.484 --> 0:23:37.684
<v Speaker 2>can to the government, to private corporations. But genetic data

0:23:37.764 --> 0:23:39.924
<v Speaker 2>is something that like that is something that you can

0:23:39.964 --> 0:23:44.444
<v Speaker 2>really control. It doesn't make travel easier. So I think

0:23:44.484 --> 0:23:47.244
<v Speaker 2>that the like the risk reward trade offs there are

0:23:47.284 --> 0:23:50.084
<v Speaker 2>just soberblown and now people are finally coming to their

0:23:50.084 --> 0:23:52.524
<v Speaker 2>senses and they're like, oh shit, it's going bankrupt. Like

0:23:52.564 --> 0:23:55.524
<v Speaker 2>here's how you delete your data? Really, is my data

0:23:55.564 --> 0:23:57.604
<v Speaker 2>only stored in one place? Is it really all going

0:23:57.684 --> 0:23:59.924
<v Speaker 2>to be? Like there are a lot of questions here,

0:24:00.004 --> 0:24:01.524
<v Speaker 2>Like I wouldn't be so sure.

0:24:02.284 --> 0:24:05.444
<v Speaker 3>Yeah, the California age called for customers to delete their

0:24:05.484 --> 0:24:09.844
<v Speaker 3>twenty three aeters data, So probably good idea, you know that.

0:24:09.884 --> 0:24:11.484
<v Speaker 3>I think I think maybe I'm not as much of

0:24:11.524 --> 0:24:16.324
<v Speaker 3>a privacy and consent I think the improved efficiency and

0:24:16.404 --> 0:24:18.684
<v Speaker 3>airport security screening. And by the way, also if you

0:24:18.804 --> 0:24:22.204
<v Speaker 3>traveled internationally, it's much faster now most entries to get

0:24:22.204 --> 0:24:24.524
<v Speaker 3>out of there when you're when you're going through customs

0:24:24.524 --> 0:24:26.284
<v Speaker 3>and so forth. I know, I think that might be

0:24:26.284 --> 0:24:28.484
<v Speaker 3>a category where I think it's it's worth the trade off.

0:24:29.364 --> 0:24:33.564
<v Speaker 3>I like, I really about guiling your time in a minute.

0:24:33.324 --> 0:24:37.044
<v Speaker 2>Right yeah, And like I said, Nate, I actually like

0:24:37.204 --> 0:24:40.004
<v Speaker 2>I I have made that trade off when traveling as well.

0:24:40.364 --> 0:24:42.364
<v Speaker 2>All of these things are trade offs, and you do

0:24:42.484 --> 0:24:45.324
<v Speaker 2>need to realize that they're all. You know, there is

0:24:45.444 --> 0:24:48.724
<v Speaker 2>always going to be a privacy concern and there's always

0:24:48.724 --> 0:24:51.084
<v Speaker 2>going to be a concern with how your data is stored,

0:24:51.204 --> 0:24:54.284
<v Speaker 2>how it's used, with all of these things, and you

0:24:54.324 --> 0:24:55.284
<v Speaker 2>just need to think about it.

0:24:55.324 --> 0:24:57.444
<v Speaker 3>I did have a trainer one time who found out

0:24:57.484 --> 0:24:59.924
<v Speaker 3>that he had some degree of Middle Eastern in ancestry,

0:24:59.924 --> 0:25:02.164
<v Speaker 3>which he didn't know about. So that was interesting. That

0:25:02.324 --> 0:25:04.404
<v Speaker 3>changed the self conception I think a little bit. So

0:25:04.564 --> 0:25:05.404
<v Speaker 3>I was in wit guy.

0:25:05.284 --> 0:25:07.924
<v Speaker 2>From Well and I mean a lot of times people

0:25:08.004 --> 0:25:10.844
<v Speaker 2>you know who do give their genetic information do find

0:25:10.844 --> 0:25:13.884
<v Speaker 2>out things right like there is I understand why people

0:25:13.924 --> 0:25:16.524
<v Speaker 2>are curious, especially like there are people who can't find

0:25:16.524 --> 0:25:19.284
<v Speaker 2>you who don't know who their parents are. Well, sometimes

0:25:19.324 --> 0:25:21.204
<v Speaker 2>people think they know who their parents are and find

0:25:21.204 --> 0:25:24.324
<v Speaker 2>out should that they really didn't want to find out, right,

0:25:24.404 --> 0:25:26.884
<v Speaker 2>Like a lot of family secrets coming out. I get

0:25:26.884 --> 0:25:30.204
<v Speaker 2>the impulse, but you always, to me, like, you just

0:25:30.284 --> 0:25:33.524
<v Speaker 2>always need to think through what the next steps are.

0:25:33.564 --> 0:25:36.284
<v Speaker 2>And right now we're seeing that, right, and we're seeing

0:25:36.284 --> 0:25:39.404
<v Speaker 2>that just play out in real time. Do you think so,

0:25:39.684 --> 0:25:43.604
<v Speaker 2>I've like imagine trying to delete your data from Facebook, right,

0:25:43.684 --> 0:25:46.324
<v Speaker 2>Like I know people who tried over and over and

0:25:46.324 --> 0:25:49.204
<v Speaker 2>it's just impossible, right, Like those those photos like that

0:25:49.204 --> 0:25:52.804
<v Speaker 2>that shouldn't get deleted. So now like deleting your data

0:25:52.844 --> 0:25:55.124
<v Speaker 2>from twenty three on me, Like, I don't think that

0:25:55.204 --> 0:25:57.764
<v Speaker 2>data is getting deleted in the way that you think.

0:25:59.164 --> 0:26:04.004
<v Speaker 2>I do think that more and more, as we're moving

0:26:04.364 --> 0:26:09.164
<v Speaker 2>to our technological future, certain things like you know, facial recognition,

0:26:09.684 --> 0:26:13.084
<v Speaker 2>they're so ubiquitous that it's really like it's almost basically

0:26:13.124 --> 0:26:16.604
<v Speaker 2>impossible to opt out, right, Like I think that we're

0:26:16.644 --> 0:26:19.404
<v Speaker 2>probably nearing that point with some of these things, but

0:26:19.444 --> 0:26:21.524
<v Speaker 2>not with all of them, And so the little bits

0:26:21.524 --> 0:26:23.644
<v Speaker 2>of privacy that we still can protect I think we

0:26:23.684 --> 0:26:25.164
<v Speaker 2>should well.

0:26:25.204 --> 0:26:28.124
<v Speaker 3>And AI AFFECTSMOS too, in part because like basically they

0:26:28.244 --> 0:26:30.884
<v Speaker 3>just kind of the AI models have a corpus of

0:26:30.964 --> 0:26:34.324
<v Speaker 3>data and they just silk up all the data trained

0:26:34.404 --> 0:26:37.124
<v Speaker 3>on it for a while and then have model ways

0:26:37.164 --> 0:26:39.564
<v Speaker 3>to produce outputs. Right, It's kind of hard once you

0:26:39.564 --> 0:26:42.284
<v Speaker 3>train the model, it's very hard to go back and say, oh,

0:26:42.284 --> 0:26:45.884
<v Speaker 3>we weren't supposed to use Maria's DNA sequence right for

0:26:46.004 --> 0:26:50.004
<v Speaker 3>this new genomic AI that we have right untrained, Well,

0:26:50.044 --> 0:26:52.484
<v Speaker 3>we're gonna We're gonna untrained, and then we'll come back

0:26:52.524 --> 0:26:55.004
<v Speaker 3>in a year and waste billions of dollars in I mean,

0:26:55.004 --> 0:26:57.044
<v Speaker 3>it doesn't really work. And I think we're probably in

0:26:57.084 --> 0:27:02.124
<v Speaker 3>a world where there's going to need to be more surveillance,

0:27:02.124 --> 0:27:04.004
<v Speaker 3>which I'm not happy about, but I think that's direction

0:27:04.044 --> 0:27:04.724
<v Speaker 3>that we're headed in.

0:27:05.164 --> 0:27:08.924
<v Speaker 2>Yeah, I do think that, uh, this is where we're going.

0:27:09.044 --> 0:27:10.764
<v Speaker 2>There's a really good book about this, by the way,

0:27:10.844 --> 0:27:14.644
<v Speaker 2>so Cash Hell's book Your Face Belongs to Us, which

0:27:14.684 --> 0:27:20.524
<v Speaker 2>is a really interesting and it's a book about facial

0:27:20.564 --> 0:27:24.244
<v Speaker 2>recognition and privacy concerns. She's a reporter with The New

0:27:24.324 --> 0:27:28.964
<v Speaker 2>York Times. She's also a poker player night, So I'm

0:27:29.084 --> 0:27:31.924
<v Speaker 2>very glad Nate that you have Also, you also do

0:27:31.964 --> 0:27:34.844
<v Speaker 2>not need to pull your data, your unpullable data from

0:27:34.884 --> 0:27:39.284
<v Speaker 2>twenty three and me, and I hope you know, for

0:27:39.564 --> 0:27:44.724
<v Speaker 2>everyone's sake that this resolves in a nicer way than

0:27:44.724 --> 0:27:48.244
<v Speaker 2>it could, because I'm not at all optimistic that this

0:27:48.444 --> 0:27:51.764
<v Speaker 2>data isn't going to be sold to companies that are

0:27:51.844 --> 0:27:53.444
<v Speaker 2>going to use it, not in the way that you

0:27:53.524 --> 0:27:57.644
<v Speaker 2>intended when you initially sent those little samples of saliva

0:27:58.084 --> 0:28:02.644
<v Speaker 2>to twenty three and me. On that note, Nate, let's

0:28:03.004 --> 0:28:05.564
<v Speaker 2>take a break, and I hope that you and all

0:28:05.604 --> 0:28:12.604
<v Speaker 2>of our listeners use that break productively, because time is valuable.

0:28:15.044 --> 0:28:16.684
<v Speaker 3>A little, a little force pery of it.

0:28:16.884 --> 0:28:37.444
<v Speaker 2>You know, Well, Okay, I did my best. This is

0:28:37.844 --> 0:28:42.764
<v Speaker 2>a question that doesn't come up nearly enough, but I

0:28:42.764 --> 0:28:45.644
<v Speaker 2>think it's really really important, which is, how do you

0:28:45.844 --> 0:28:49.524
<v Speaker 2>actually place a value right on your time? I made

0:28:49.524 --> 0:28:52.044
<v Speaker 2>a I made a bad joke, Nate, you you called

0:28:52.084 --> 0:28:56.564
<v Speaker 2>it forced. I feel very heard about using our break

0:28:56.644 --> 0:29:00.204
<v Speaker 2>productively because time is money, and we I mean, time

0:29:00.284 --> 0:29:02.884
<v Speaker 2>is money is such a cliche, but it's a cliche

0:29:02.964 --> 0:29:06.604
<v Speaker 2>for a reason. That's actually the case. Right every single

0:29:06.764 --> 0:29:10.164
<v Speaker 2>time that we do something, we're making trade offs. We're

0:29:10.204 --> 0:29:12.724
<v Speaker 2>not doing something else. And this is the whole point

0:29:12.764 --> 0:29:16.284
<v Speaker 2>of getting paid. It's your time. You're literally trading off

0:29:16.644 --> 0:29:19.724
<v Speaker 2>time that you would rather be doing something else usually,

0:29:20.164 --> 0:29:22.844
<v Speaker 2>or time that you're getting paid to do something. And

0:29:22.924 --> 0:29:26.084
<v Speaker 2>so this is a calculus that I think we're always making,

0:29:26.484 --> 0:29:29.244
<v Speaker 2>but we're not always explicitly aware that we're making it.

0:29:29.284 --> 0:29:31.364
<v Speaker 2>But I think we could make much better decisions if

0:29:31.404 --> 0:29:35.924
<v Speaker 2>we were explicitly aware and actually could kind of game

0:29:36.004 --> 0:29:38.924
<v Speaker 2>theorize it a little bit and try to figure out, Okay, well,

0:29:39.284 --> 0:29:40.164
<v Speaker 2>you know how much.

0:29:40.004 --> 0:29:42.004
<v Speaker 1>Do I value my time? Is this worth it? Is

0:29:42.044 --> 0:29:42.484
<v Speaker 1>that worth it?

0:29:42.524 --> 0:29:44.484
<v Speaker 2>Obviously you don't want to go through your entire life

0:29:44.764 --> 0:29:47.324
<v Speaker 2>thinking that way, but I think that for big decisions,

0:29:47.404 --> 0:29:52.644
<v Speaker 2>for those types of trade offs, it is an interesting

0:29:52.684 --> 0:29:54.964
<v Speaker 2>way of looking at it, is that how do you

0:29:55.204 --> 0:29:59.444
<v Speaker 2>actually go about this night? Do you consciously think you

0:29:59.484 --> 0:30:01.084
<v Speaker 2>know what is the value of my time?

0:30:02.124 --> 0:30:03.084
<v Speaker 1>Good question, And let.

0:30:02.924 --> 0:30:06.884
<v Speaker 3>Me acknowledge upfront that this is like a little bit

0:30:07.204 --> 0:30:09.684
<v Speaker 3>I'm not big on, like the privilege trip. Tell me

0:30:09.924 --> 0:30:11.404
<v Speaker 3>I acknowledge though, this is like a little bit of

0:30:11.404 --> 0:30:14.684
<v Speaker 3>maybe a kind of a privilegy conversation where if you're

0:30:14.724 --> 0:30:17.404
<v Speaker 3>somebody who has the opportunity to like to make money,

0:30:17.484 --> 0:30:19.644
<v Speaker 3>or have more than one opportunity you can pursue, right,

0:30:20.004 --> 0:30:23.844
<v Speaker 3>and you have kind of more capacity to take on

0:30:24.444 --> 0:30:26.884
<v Speaker 3>additional work or valuable things to trade off with. Right.

0:30:27.884 --> 0:30:31.764
<v Speaker 3>In my case, for example, I'm considering whether to accept

0:30:32.404 --> 0:30:35.964
<v Speaker 3>consulting work, right, because there you're actually like kind of

0:30:36.044 --> 0:30:40.084
<v Speaker 3>like setting a rate that you're paid on an hourly basis, right,

0:30:40.164 --> 0:30:43.124
<v Speaker 3>Or sometimes I mean, no huge secret if you're if

0:30:43.124 --> 0:30:46.124
<v Speaker 3>you're an author who sells books like Marie, or I'll

0:30:46.124 --> 0:30:49.644
<v Speaker 3>get opportunities to do speaking gigs where you travel. I'm

0:30:49.644 --> 0:30:51.684
<v Speaker 3>out here in California for one, for example, right now,

0:30:51.764 --> 0:30:55.644
<v Speaker 3>and they pay you to talk, and maybe the talk

0:30:55.804 --> 0:30:58.124
<v Speaker 3>isn't that much time, but then you have two old

0:30:58.164 --> 0:31:00.764
<v Speaker 3>days you burn on travel, for example. So I think

0:31:00.764 --> 0:31:04.764
<v Speaker 3>you have to like think about these things fairly explicitly.

0:31:05.244 --> 0:31:09.084
<v Speaker 3>That's especially through like when you're I mean I'm essentially

0:31:09.164 --> 0:31:12.764
<v Speaker 3>a freelancer, right, or maybe a small business owner where

0:31:12.804 --> 0:31:16.204
<v Speaker 3>I write posts for Silver Bulletin newsletter. The more posts

0:31:16.284 --> 0:31:18.684
<v Speaker 3>you write, the more opportunities there are people to subscribe.

0:31:18.724 --> 0:31:22.724
<v Speaker 3>And so I probably have some calculation of like what

0:31:22.884 --> 0:31:25.364
<v Speaker 3>is the opportunity cost. Right, If I'm traveling on a

0:31:25.404 --> 0:31:27.484
<v Speaker 3>plane and the Wi Fi goes out, that's one less

0:31:27.524 --> 0:31:29.484
<v Speaker 3>post that I write. How much money would have for

0:31:29.604 --> 0:31:32.284
<v Speaker 3>sicken from that post. I mean, you know, I think

0:31:32.884 --> 0:31:36.724
<v Speaker 3>sometimes it's good to be honest with yourself about that

0:31:36.844 --> 0:31:40.564
<v Speaker 3>kind of thing. I also think that, like there's things

0:31:40.604 --> 0:31:43.244
<v Speaker 3>you want to treat as constraints. Right, So I'm going

0:31:43.324 --> 0:31:46.084
<v Speaker 3>to play I don't know, let's say, four or five

0:31:46.164 --> 0:31:49.044
<v Speaker 3>weeks of the World Series of Poker this summer, maybe

0:31:49.084 --> 0:31:50.804
<v Speaker 3>two thirds half to two thirds of the schedules about

0:31:50.804 --> 0:31:54.124
<v Speaker 3>what I settled into, right, That is clearly a bad

0:31:54.164 --> 0:31:57.924
<v Speaker 3>trade off from like an opportunity cost standpoint. Right, I'm

0:31:57.964 --> 0:32:02.524
<v Speaker 3>probably plus ev in most of the events that I play,

0:32:03.444 --> 0:32:07.964
<v Speaker 3>but if that leads to several fewer newsletter posts or

0:32:08.004 --> 0:32:10.684
<v Speaker 3>consulting opportunities, the trade af's pretty high. It was like

0:32:10.804 --> 0:32:14.084
<v Speaker 3>much easier where I worked for a giant, baseless corporation,

0:32:14.244 --> 0:32:16.004
<v Speaker 3>and like I was kind of like paying a fixed

0:32:16.044 --> 0:32:18.684
<v Speaker 3>salary and kind of working on the company dine basically,

0:32:19.124 --> 0:32:20.684
<v Speaker 3>So you know, I mean, it really kind of came

0:32:20.724 --> 0:32:22.884
<v Speaker 3>to light last year when like I was playing in

0:32:22.884 --> 0:32:26.564
<v Speaker 3>some roughly low buying event at the wind and then

0:32:27.164 --> 0:32:29.964
<v Speaker 3>Trump is charged with all these convicted I should say,

0:32:29.964 --> 0:32:32.364
<v Speaker 3>of all these felonies, and I have to write a

0:32:32.364 --> 0:32:35.764
<v Speaker 3>post about that, and I kind of like deliberately kind

0:32:35.764 --> 0:32:37.924
<v Speaker 3>of punted because I'm like, okay, literally, the value of

0:32:37.964 --> 0:32:41.884
<v Speaker 3>my stack here is like worthless than being really quick

0:32:41.924 --> 0:32:45.844
<v Speaker 3>on this news. But you know, or likewise, like I

0:32:46.124 --> 0:32:49.284
<v Speaker 3>was this past weekend at the New Orleans Book Festival,

0:32:49.364 --> 0:32:53.924
<v Speaker 3>which is a great event attracting lots of brand name

0:32:54.124 --> 0:32:57.564
<v Speaker 3>and obscure like authorial talent. Right this, by the way,

0:32:57.684 --> 0:32:59.324
<v Speaker 3>is free. It's on the campus at Too Lane, and

0:32:59.324 --> 0:33:01.084
<v Speaker 3>so it's kind of in the in the spirit of

0:33:01.124 --> 0:33:03.684
<v Speaker 3>like Edinburgh Fringefest or something where they want to like

0:33:04.084 --> 0:33:08.164
<v Speaker 3>take this kind of medium sized community and have this

0:33:08.244 --> 0:33:10.844
<v Speaker 3>festival once. A ye, I didn't get paid for that,

0:33:10.884 --> 0:33:13.244
<v Speaker 3>but like it's kind of like sometimes the caution either

0:33:13.324 --> 0:33:18.204
<v Speaker 3>be zero or a lot and yeah, right.

0:33:18.204 --> 0:33:20.884
<v Speaker 2>Yeah, no, I actually agree with that. And by the way,

0:33:21.164 --> 0:33:23.964
<v Speaker 2>to your first point, I think that's a really really

0:33:24.044 --> 0:33:28.044
<v Speaker 2>important point where time is money is very relevant in

0:33:28.084 --> 0:33:31.444
<v Speaker 2>the sense that this is something that we're privileged to

0:33:31.484 --> 0:33:33.284
<v Speaker 2>be able to think about it this way. And I've

0:33:33.324 --> 0:33:36.684
<v Speaker 2>actually written about this about time scarcity being like the

0:33:36.924 --> 0:33:40.284
<v Speaker 2>one of the huge constraints on poverty, right, And Cindilmula

0:33:40.324 --> 0:33:43.004
<v Speaker 2>Nathan at the University of Chicago has done a ton

0:33:43.164 --> 0:33:47.964
<v Speaker 2>of research into this about how time poverty is a thing, right,

0:33:48.084 --> 0:33:50.524
<v Speaker 2>and that if you're actually if you're poor, like this

0:33:50.644 --> 0:33:55.124
<v Speaker 2>is one of the biggest, one of the biggest barriers

0:33:55.164 --> 0:33:59.844
<v Speaker 2>to kind of getting out of poverty because all of

0:33:59.844 --> 0:34:01.804
<v Speaker 2>these things we take for granted, like, oh, I have

0:34:01.924 --> 0:34:04.924
<v Speaker 2>time to think through this decision. You know, the cognitive

0:34:04.964 --> 0:34:09.764
<v Speaker 2>overload of not not having that flexibility is actually huge, right,

0:34:09.844 --> 0:34:13.884
<v Speaker 2>because you're just living paycheck to paycheck. You don't have childcare, right,

0:34:13.884 --> 0:34:17.524
<v Speaker 2>you're not sleeping enough. All of these different things are

0:34:17.924 --> 0:34:21.484
<v Speaker 2>adding to the cognitive load, and you can't make choices

0:34:21.564 --> 0:34:24.604
<v Speaker 2>the way that you know you can afford to make

0:34:24.684 --> 0:34:27.964
<v Speaker 2>choices if you're living at a higher subsistence level. So

0:34:27.964 --> 0:34:30.884
<v Speaker 2>if people are interested in that research, highly recommend some

0:34:30.924 --> 0:34:33.484
<v Speaker 2>deals work, and that's something that we should we should

0:34:33.524 --> 0:34:36.844
<v Speaker 2>definitely not take for granted. But I agree with you that,

0:34:37.044 --> 0:34:39.764
<v Speaker 2>you know, when I think about big things like speaking engagements,

0:34:39.764 --> 0:34:42.644
<v Speaker 2>like what I'm going to take on, I usually think

0:34:42.684 --> 0:34:45.364
<v Speaker 2>about like what is the total time, right, It's never

0:34:45.564 --> 0:34:48.044
<v Speaker 2>just like an hour talk, Right, it's how long does

0:34:48.084 --> 0:34:50.644
<v Speaker 2>it take me to travel there? What else is it disrupting?

0:34:51.004 --> 0:34:53.524
<v Speaker 2>Like how long do I prepare? Like all all of

0:34:53.564 --> 0:34:56.204
<v Speaker 2>these different things add up, and you do need to

0:34:56.244 --> 0:34:58.244
<v Speaker 2>try to make that trade off. And sometimes I'll do

0:34:58.284 --> 0:35:00.684
<v Speaker 2>things for free if it's for a cause an organization,

0:35:00.884 --> 0:35:04.124
<v Speaker 2>like something that's important like book festivals. Right, I think

0:35:04.164 --> 0:35:07.244
<v Speaker 2>that that's an important value to the community, and so

0:35:07.324 --> 0:35:09.924
<v Speaker 2>you will just do that. And sometimes I will actually

0:35:09.964 --> 0:35:13.444
<v Speaker 2>take a lot less for something just because it's fun

0:35:13.444 --> 0:35:17.644
<v Speaker 2>to do, Like I will sometimes take writing assignments because

0:35:17.644 --> 0:35:19.564
<v Speaker 2>I want to write about this and like I actually

0:35:19.644 --> 0:35:22.444
<v Speaker 2>think that this is interesting, and like I will take

0:35:22.524 --> 0:35:26.084
<v Speaker 2>less than I would normally take because I enjoy it, right,

0:35:26.124 --> 0:35:28.124
<v Speaker 2>and there's going to be there's going to be something

0:35:28.164 --> 0:35:31.164
<v Speaker 2>else there for me. So it's not just money, right,

0:35:31.204 --> 0:35:31.924
<v Speaker 2>it's how much am.

0:35:31.844 --> 0:35:32.524
<v Speaker 1>I enjoying it?

0:35:32.604 --> 0:35:34.804
<v Speaker 2>Like what else? What else is there? What are their

0:35:34.804 --> 0:35:38.524
<v Speaker 2>trade offs are there? So that the calculus, just like

0:35:38.564 --> 0:35:40.964
<v Speaker 2>with all expected value calculations. I think one of the

0:35:41.004 --> 0:35:43.924
<v Speaker 2>reasons that you're still playing the World series, even though

0:35:44.124 --> 0:35:48.044
<v Speaker 2>technically speaking, is probably negative ev on some levels, because

0:35:48.044 --> 0:35:51.404
<v Speaker 2>you enjoy it, right, you get some intrinsic enjoyment out

0:35:51.404 --> 0:35:54.004
<v Speaker 2>of playing this, out of the competition, you know, out

0:35:54.044 --> 0:35:56.804
<v Speaker 2>of potentially winning. And the way that I also think

0:35:56.804 --> 0:35:59.564
<v Speaker 2>about it is well, it's actually huge for my brand

0:35:59.684 --> 0:36:02.404
<v Speaker 2>if I end up doing really well, right, like winning

0:36:02.444 --> 0:36:05.564
<v Speaker 2>a bracelet, that ev of that is insane and so

0:36:05.924 --> 0:36:09.084
<v Speaker 2>that you know, will help me book future speaking engagements

0:36:09.124 --> 0:36:11.644
<v Speaker 2>and Celtic work at all of this because it helps

0:36:11.684 --> 0:36:14.164
<v Speaker 2>my profile. And so they are all of these different

0:36:14.364 --> 0:36:18.804
<v Speaker 2>nuanced levels of calculations that go on, and so something

0:36:18.924 --> 0:36:22.004
<v Speaker 2>is not It might not be as straightforward as oh,

0:36:22.204 --> 0:36:24.404
<v Speaker 2>an hour speth doing this is not an hour spent

0:36:24.484 --> 0:36:24.804
<v Speaker 2>doing that.

0:36:25.364 --> 0:36:29.284
<v Speaker 3>Yeah, look, I would push back on that slightly, only

0:36:29.324 --> 0:36:30.804
<v Speaker 3>in the sense that if you kind of calculate, like

0:36:30.804 --> 0:36:32.484
<v Speaker 3>what are your odds of winning? You already have bracelet?

0:36:32.524 --> 0:36:36.444
<v Speaker 3>By the way, what are you but not wondering? I

0:36:36.444 --> 0:36:38.404
<v Speaker 3>guess the summer worlds here, like, what are the odds

0:36:38.444 --> 0:36:41.564
<v Speaker 3>of winning one? If you play two thirds of the schedule?

0:36:41.564 --> 0:36:45.364
<v Speaker 3>I mean in probably fairly low, right, And so you

0:36:45.404 --> 0:36:48.164
<v Speaker 3>can kind of what I kind of say is like,

0:36:49.844 --> 0:36:52.124
<v Speaker 3>people you have to the point of life, are not

0:36:52.164 --> 0:36:53.244
<v Speaker 3>the only point of life? Right?

0:36:54.324 --> 0:36:56.524
<v Speaker 1>Well, what's the meaning of life? Night I'm right that

0:36:56.564 --> 0:36:57.684
<v Speaker 1>we're all listening.

0:36:59.364 --> 0:37:01.524
<v Speaker 3>To be a good person, to contribute intellectually into it,

0:37:01.644 --> 0:37:03.684
<v Speaker 3>but to also enjoy yourself, right, And if like the

0:37:04.244 --> 0:37:07.364
<v Speaker 3>doing poker is one of the things you most enjoy,

0:37:07.604 --> 0:37:10.604
<v Speaker 3>and the World series pokenturmins can be a grind, right,

0:37:10.644 --> 0:37:14.884
<v Speaker 3>but when you make those final tables and day threes,

0:37:14.964 --> 0:37:17.684
<v Speaker 3>it's one of the most fun things ever. It kind

0:37:17.724 --> 0:37:21.524
<v Speaker 3>of also, I think is good for experience and character

0:37:21.564 --> 0:37:24.004
<v Speaker 3>building to play under high pressure, to kind of simulating.

0:37:24.044 --> 0:37:26.004
<v Speaker 3>So it's real hig pressure because the money GE's pretty

0:37:26.004 --> 0:37:28.324
<v Speaker 3>big if you actually are deep in a World series event.

0:37:29.324 --> 0:37:31.644
<v Speaker 3>So it's like, kind of, what's the point if, like

0:37:31.644 --> 0:37:34.604
<v Speaker 3>I'm not making time for the things that I enjoy, Right,

0:37:34.604 --> 0:37:36.404
<v Speaker 3>what's the whole point of like working so hard like

0:37:36.484 --> 0:37:39.004
<v Speaker 3>last year during election? If I if I, if I

0:37:39.044 --> 0:37:42.004
<v Speaker 3>can't sometimes relax a little bit, you know, I mean

0:37:42.244 --> 0:37:44.604
<v Speaker 3>the value of that is I you know, I'm now

0:37:45.244 --> 0:37:48.484
<v Speaker 3>yet more aware of kind of the privilegedness of this conversation.

0:37:48.644 --> 0:37:50.844
<v Speaker 3>But like, at the same time, I think people allow

0:37:50.884 --> 0:37:54.644
<v Speaker 3>themselves at all places in the income ladder to be

0:37:54.804 --> 0:38:00.004
<v Speaker 3>bogged down in jobs that aren't getting them anywhere in particular,

0:38:00.204 --> 0:38:03.764
<v Speaker 3>And it's not just an immediate time cost, but the

0:38:03.844 --> 0:38:08.444
<v Speaker 3>optionality cost. I think, you know, in general, people ought

0:38:08.444 --> 0:38:11.004
<v Speaker 3>to think more abouttionality. We're can I put myself in

0:38:11.044 --> 0:38:13.604
<v Speaker 3>a place where I'll have more options? That's related to

0:38:13.644 --> 0:38:17.844
<v Speaker 3>the idea of opportunity cost. But yeah, but it's it's

0:38:17.884 --> 0:38:21.604
<v Speaker 3>like splitting tens in black check. If you already make twenty,

0:38:21.964 --> 0:38:23.284
<v Speaker 3>you're like, oh, I can get even more of this

0:38:23.324 --> 0:38:25.604
<v Speaker 3>fi Splitting No. Twenty is already a hard totally get.

0:38:25.604 --> 0:38:28.764
<v Speaker 3>So it's like it's a fish move to split tens

0:38:28.844 --> 0:38:31.564
<v Speaker 3>in blackjack. But yeah, I don't, I don't know. I

0:38:31.764 --> 0:38:35.884
<v Speaker 3>I actually kind of carve out a lot of time

0:38:36.124 --> 0:38:40.204
<v Speaker 3>for for non productive work, and kind of what happens

0:38:40.244 --> 0:38:42.964
<v Speaker 3>sometimes I wind up backing into doing productive work. Anyway.

0:38:42.964 --> 0:38:44.564
<v Speaker 3>You come home from aren't you going to shirt the

0:38:44.564 --> 0:38:46.684
<v Speaker 3>web a bit? And then all you're like writing a

0:38:46.764 --> 0:38:49.564
<v Speaker 3>post or collecting some data for a spreadsheet.

0:38:49.124 --> 0:38:49.604
<v Speaker 1>Et cetera.

0:38:50.284 --> 0:38:55.004
<v Speaker 2>Yeah, Well, actually that that dovetails very nicely with what

0:38:55.084 --> 0:38:57.564
<v Speaker 2>I was just about to say, which is that for

0:38:57.684 --> 0:38:59.644
<v Speaker 2>people like us Nate who write you know, who are

0:38:59.764 --> 0:39:04.844
<v Speaker 2>journalists who actually you know, are constantly thinking about about

0:39:05.244 --> 0:39:08.364
<v Speaker 2>about writing about what we're working on. I find that

0:39:08.404 --> 0:39:10.884
<v Speaker 2>a lot of times that I'm being quote unquote unproductive

0:39:11.284 --> 0:39:13.404
<v Speaker 2>is when I end up coming up with ideas, coming

0:39:13.444 --> 0:39:16.724
<v Speaker 2>up with connections, reading something because you know, I'm just

0:39:17.484 --> 0:39:19.844
<v Speaker 2>like I'm tired, and so I end up you know,

0:39:19.924 --> 0:39:23.484
<v Speaker 2>watching a show or or reading reading something that I

0:39:23.484 --> 0:39:27.324
<v Speaker 2>wouldn't otherwise read because it's not strictly speaking for work,

0:39:27.604 --> 0:39:30.004
<v Speaker 2>and that ends up inspiring something and it ends up

0:39:30.044 --> 0:39:33.324
<v Speaker 2>being productive work. And so I actually, you know, I

0:39:33.364 --> 0:39:35.844
<v Speaker 2>think that sometimes you just don't know where things are

0:39:35.884 --> 0:39:37.564
<v Speaker 2>going to lead, and you do need to just give

0:39:37.604 --> 0:39:40.324
<v Speaker 2>yourself that freedom, and sometimes that ends up being very

0:39:40.364 --> 0:39:44.884
<v Speaker 2>productive time because otherwise, I think burnout takes a huge toll.

0:39:45.204 --> 0:39:47.564
<v Speaker 2>And I've burned out before, like I've given myself a

0:39:47.604 --> 0:39:51.324
<v Speaker 2>nervous breakdown before like that. It's not fun and it

0:39:51.404 --> 0:39:55.764
<v Speaker 2>actually it really cuts down on your productivity and your

0:39:55.804 --> 0:39:58.004
<v Speaker 2>ability to do things. So I think if you have

0:39:58.084 --> 0:40:00.564
<v Speaker 2>the privilege to kind of step back, I think that

0:40:00.564 --> 0:40:01.884
<v Speaker 2>that's a really good thing to do.

0:40:03.244 --> 0:40:05.484
<v Speaker 3>No, absolutely right, And sometimes I think, you know, the

0:40:05.564 --> 0:40:09.164
<v Speaker 3>last thing i'd say or maybe I'll moveless is now.

0:40:09.524 --> 0:40:12.764
<v Speaker 3>Then you do get in situations where you have a

0:40:12.804 --> 0:40:17.124
<v Speaker 3>much more explicit ev calculation, you know, I need to

0:40:17.164 --> 0:40:19.724
<v Speaker 3>pay for this flight that's more expensive because otherwise it'll

0:40:19.764 --> 0:40:22.684
<v Speaker 3>fuck up my calendar for the next two days. Right.

0:40:23.004 --> 0:40:24.804
<v Speaker 3>You know, sometimes people that want to take either the

0:40:24.844 --> 0:40:28.204
<v Speaker 3>early morning flight or the or the or the PM

0:40:28.244 --> 0:40:30.284
<v Speaker 3>flight back in California, for example, it's like, well, you

0:40:30.324 --> 0:40:32.884
<v Speaker 3>know what, if I wake up for the six am flight,

0:40:32.884 --> 0:40:34.964
<v Speaker 3>it's going to fuck up my sleep schedule. Right if

0:40:35.004 --> 0:40:36.364
<v Speaker 3>I take the PM flight, it's going to fuck up

0:40:36.364 --> 0:40:37.844
<v Speaker 3>the next day. So I want to pay this extra

0:40:37.884 --> 0:40:40.204
<v Speaker 3>three hundred and five hundred bucks because like that's definitely

0:40:40.244 --> 0:40:44.124
<v Speaker 3>worth expditional hours of productivity. So like, don't be don't

0:40:44.124 --> 0:40:46.684
<v Speaker 3>be a cheap skate when you are and where of

0:40:46.684 --> 0:40:51.724
<v Speaker 3>these kind of narrowly solvable problems, you know, when when

0:40:51.764 --> 0:40:54.764
<v Speaker 3>there's a direct trade off from from losing productive time.

0:40:56.164 --> 0:40:57.884
<v Speaker 2>I think about it the exact same way. And I

0:40:57.924 --> 0:41:01.684
<v Speaker 2>have absolutely taken the most expensive flight because it is

0:41:02.124 --> 0:41:03.724
<v Speaker 2>the one that's going to actually put me in the

0:41:03.724 --> 0:41:05.484
<v Speaker 2>best frame of mind to do what I need to do.

0:41:06.244 --> 0:41:08.244
<v Speaker 3>So there's at least it's the most expensive too. I mean,

0:41:08.284 --> 0:41:12.364
<v Speaker 3>they know what they know what they're doing, is the Yeah.

0:41:11.404 --> 0:41:13.484
<v Speaker 2>The reason it's the most expensive is because it's the

0:41:13.564 --> 0:41:16.444
<v Speaker 2>most gonvenient flight. But yeah, I think I think that

0:41:16.484 --> 0:41:18.844
<v Speaker 2>those types of things are very important because at the

0:41:18.924 --> 0:41:20.844
<v Speaker 2>end of the day, don't be a cheap skate about

0:41:20.884 --> 0:41:21.324
<v Speaker 2>your time.

0:41:21.684 --> 0:41:22.364
<v Speaker 1>Is actually a.

0:41:22.404 --> 0:41:25.164
<v Speaker 2>Very good way to end this, right, don't be nitty

0:41:25.164 --> 0:41:27.724
<v Speaker 2>about that, because as we know, Nate, you do not

0:41:27.964 --> 0:41:28.524
<v Speaker 2>like knits.

0:41:30.044 --> 0:41:32.364
<v Speaker 3>No, and it often comes from a feeling of guilt.

0:41:32.844 --> 0:41:35.804
<v Speaker 3>I think right that, like, yeah, if you are successful,

0:41:37.484 --> 0:41:39.644
<v Speaker 3>but you're not really you know, you're not really helping

0:41:39.644 --> 0:41:43.244
<v Speaker 3>anybody by just you know, laterally less productive than you

0:41:43.284 --> 0:41:43.684
<v Speaker 3>could be.

0:41:44.564 --> 0:41:47.964
<v Speaker 2>Exactly exactly, So don't do that. And I think all

0:41:47.964 --> 0:41:51.044
<v Speaker 2>these calculations are different for everyone, but do think about it,

0:41:51.124 --> 0:41:53.724
<v Speaker 2>because I think this is something that's important to think

0:41:53.724 --> 0:41:56.324
<v Speaker 2>about and important to realize that, you know what, some

0:41:56.364 --> 0:41:59.284
<v Speaker 2>cliches are there for a reason. Time actually is money.

0:41:59.484 --> 0:42:02.244
<v Speaker 2>Figure out how you value your time. I'm not going

0:42:02.284 --> 0:42:03.764
<v Speaker 2>to oh, am I gonna do it? Nate, Am I

0:42:03.764 --> 0:42:07.164
<v Speaker 2>gonna end with how are you going to live your

0:42:07.644 --> 0:42:09.004
<v Speaker 2>one wild and beautiful?

0:42:12.884 --> 0:42:13.244
<v Speaker 1>No?

0:42:13.244 --> 0:42:16.044
<v Speaker 2>No, we're not gonna We're not gonna do the cliche

0:42:16.164 --> 0:42:17.484
<v Speaker 2>poetry ending to this.

0:42:18.324 --> 0:42:20.084
<v Speaker 1>We'll just say see.

0:42:19.924 --> 0:42:22.644
<v Speaker 2>You next week, and we hope that you use your

0:42:22.684 --> 0:42:27.404
<v Speaker 2>time productively and start off by listening to our Pushkin Plus.

0:42:28.044 --> 0:42:30.844
<v Speaker 3>That is the actually the best pop please of your time?

0:42:31.404 --> 0:42:32.404
<v Speaker 1>Yes, definitely.

0:42:39.524 --> 0:42:42.284
<v Speaker 3>That's all for this week. Premium subscribers can seeker bund

0:42:42.324 --> 0:42:44.724
<v Speaker 3>for our answer to one of your burning listener questions

0:42:44.764 --> 0:42:47.804
<v Speaker 3>after the credits. This week, it's from Easton Lewis on

0:42:47.844 --> 0:42:51.524
<v Speaker 3>how to manage funny incentives in prediction markets. If you're

0:42:51.564 --> 0:42:53.924
<v Speaker 3>not subtrapping yet, consider signing up for just six twenty

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<v Speaker 3>nine a month. You get access to premium content from

0:42:57.204 --> 0:43:00.724
<v Speaker 3>us every week and add free listening across Pushkin's entire

0:43:00.764 --> 0:43:04.164
<v Speaker 3>network of shows. Risky Business is hosted by me Nate.

0:43:04.124 --> 0:43:07.484
<v Speaker 2>Silver and me Maria Kanakova. The show is a co

0:43:07.564 --> 0:43:11.244
<v Speaker 2>production of Pushkin Industries and iHeart Media. This episode was

0:43:11.284 --> 0:43:15.324
<v Speaker 2>produced by Isabelle Carter. Our associate producer is Gabriel Hunter Chang.

0:43:15.884 --> 0:43:19.284
<v Speaker 2>Sally Helm is our editor, and our executive producer is

0:43:19.364 --> 0:43:21.884
<v Speaker 2>Jacob Goldstein. Mixing by Sarah Bruguer.

0:43:22.364 --> 0:43:24.564
<v Speaker 3>If you like the show, please rate and review us

0:43:24.564 --> 0:43:34.324
<v Speaker 3>so other people can find us too,