The New Bazaar

Hoop dreams of electric sheep


Listen Later

Seth Stephens-Davidowitz has unusually written an unusual book.


The data analysis included in "Who Makes the NBA?: Data-Driven Answers to Basketball's Biggest Questions" normally would have taken Seth, a trained economist, multiple years of writing and running code. But because of new artificial intelligence tools, he finished the book in just thirty days. And he used AI tools not just for the coding, but also for the artwork, copy editing, and even to write the appendix.


He discusses with Cardiff the lessons he learned about using AI, and what such accelerated productivity might mean for the future of the labor market.


Then they discuss the actual findings in the book, an investigation into the backgrounds of the basketball players who make it to the NBA and succeed when they get there. How much of success is genetic? What accounts for the NBA's market failures—the traits of players who get paid too much and too little relative to their contributions? Why do some foreign countries have such astonishing success at sending players to the NBA? Does the choice of college really matter for future success?


The answers to these questions are surprisingly revealing about the experiences of non-basketball players, and about the relationships between luck, skill, parenting, undiscovered talent, the economy, and other familiar variables.


Related links:

  • Seth's home page
  • Who Makes the NBA? (Amazon page)


Hosted on Acast. See acast.com/privacy for more information.

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

The New BazaarBy Economic Innovation Group

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

264 ratings


More shows like The New Bazaar

View all
The Gray Area with Sean Illing by Vox

The Gray Area with Sean Illing

10,698 Listeners

Slate Money by Slate Podcasts

Slate Money

1,026 Listeners

Odd Lots by Bloomberg

Odd Lots

1,997 Listeners

Trumponomics by Bloomberg

Trumponomics

351 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,469 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,558 Listeners

Capitalisn't by University of Chicago Podcast Network

Capitalisn't

556 Listeners

Today, Explained by Vox

Today, Explained

10,335 Listeners

Throughline by NPR

Throughline

16,494 Listeners

Against the Rules: The Big Short Companion by Pushkin Industries

Against the Rules: The Big Short Companion

9,616 Listeners

Hard Fork by The New York Times

Hard Fork

5,551 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,338 Listeners

What's Your Problem? by iHeartPodcasts and Pushkin Industries

What's Your Problem?

260 Listeners

"Econ 102" with Noah Smith and Erik Torenberg by Turpentine

"Econ 102" with Noah Smith and Erik Torenberg

155 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

407 Listeners