Tech Won't Save Us

Bursting the NFT Bubble w/ Jacob Silverman


Listen Later

Paris Marx is joined by Jacob Silverman to discuss the implications of the recent NFT boom, the libertarian ideology that underpins crypto, and where the hype economy goes from here.

Jacob Silverman is a staff writer at The New Republic and the author of “Terms of Service: Social Media and the Price of Constant Connection.” Follow Jacob on Twitter as @SilvermanJacob.

🎉 In April 2021, Tech Won’t Save Us celebrates its first birthday. If we get 30 new supporters at $5+ per month, we’ll start a weekly newsletter in addition to the weekly podcast to provide a new way for people to access critical perspectives on technology. If you like the show, become a supporter and help us reach our goal!

Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.

Find out more about Harbinger Media Network at harbingermedianetwork.com.

Also mentioned in this episode:

  • Jacob wrote about all the things rich people are spending their money on during the pandemic, including NFTs and cryptocurrencies.
  • Everest Pipkin explained all of the environmental problems with NFTs, and how they’re built into the core of the technology.
  • Some people are buying NFTs, then finding they disappear or can’t be accessed.
  • Bitcoin uses more energy than Argentina, but could consume more than Australia by 2024.
  • Bill Gates said Bitcoin is a “pure ‘greater fool theory’ type of investment.”
  • Anil Dash explained that NFTs were supposed to help artists, not just be another speculative asset.
  • Taylor Lorenz wrote about how creators are monetizing their lives.
  • The New York Times and Forbes (among others) sold NFTs while reporting on them.
  • Tom Brady is the latest celebrity to get into NFTs.
  • The NFT boom may already be going bust.
  • Support the show

    ...more
    View all episodesView all episodes
    Download on the App Store

    Tech Won't Save UsBy Paris Marx

    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    566 ratings


    More shows like Tech Won't Save Us

    View all
    Jacobin Radio by Jacobin

    Jacobin Radio

    1,459 Listeners

    The Dig by Daniel Denvir

    The Dig

    1,594 Listeners

    Rev Left Radio by Revolutionary Left Radio

    Rev Left Radio

    3,332 Listeners

    Trillbilly Worker's Party by Trillbilly Worker's Party

    Trillbilly Worker's Party

    1,950 Listeners

    Citations Needed by Nima Shirazi and Adam Johnson

    Citations Needed

    3,917 Listeners

    TRASHFUTURE by TRASHFUTURE

    TRASHFUTURE

    588 Listeners

    QAA Podcast by Julian Feeld, Travis View & Jake Rockatansky

    QAA Podcast

    4,308 Listeners

    Know Your Enemy by Matthew Sitman

    Know Your Enemy

    2,069 Listeners

    TRUE ANON TRUTH FEED by TrueAnon

    TRUE ANON TRUTH FEED

    3,371 Listeners

    This Machine Kills by This Machine Kills

    This Machine Kills

    214 Listeners

    What's Left of Philosophy by Lillian Cicerchia, Owen Glyn-Williams, Gil Morejón, and William Paris

    What's Left of Philosophy

    289 Listeners

    American Prestige by Daniel Bessner & Derek Davison

    American Prestige

    1,067 Listeners

    The 404 Media Podcast by 404 Media

    The 404 Media Podcast

    399 Listeners

    Better Offline by Cool Zone Media and iHeartPodcasts

    Better Offline

    598 Listeners

    Kill The Computer by mail@westernkabuki.com

    Kill The Computer

    380 Listeners