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In this Money Talks. Felix Salmon chats with former trader Gary Stevenson, author of The Trading Game: A Confession. In the book and conversation, Gary tells how a card game made him Citibank’s youngest trader…and how betting on economic downfall made him its most profitable. Why did he walk away at the top of his game?
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Podcast production by Jared Downing and Cheyna Roth.
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Why scam obituaries are edging out earnest ones, with the help of artificial intelligence and an adept Google game.
Guest: Mia Sato, reporter for The Verge.
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This week, Felix Salmon, Emily Peck and Elizabeth Spiers ponder the future of computers, cars, and…fast food? They discuss why Elon Musk is suing Sam Altman and OpenAI and the altruistic origins of ChatGPT. Also: Wendy’s “surge pricing” gaff had customers crying foul and Apple’s electric car has been scrapped. In the Plus segment: The downfall of Macy’s and the American department store.
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Podcast production by Jared Downing and Cheyna Roth.
Clips in the show:
After segment one: The Thinking Machine - MIT 1961
After segment two: 1975 Wendy’s Commercial
Plus outro: Scene from Miracle on 34th Street
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Candice Lim is joined by Link in Bio writer Rachel Karten, whose Substack breaks down how Stanley Cups went viral, why the Duolingo owl got a BBL and how “seemingly ranch” hit supermarket shelves. Karten was a social media manager who started her newsletter after leaving Bon Appétit following a racial and labor reckoning in 2020 that exposed — what the publication themselves called — a “toxic, top-down culture.” Since then, Karten has found a rapt audience of more than 55,000 subscribers who are social media managers like herself, marketing insiders and curious readers who just want to know how and why they’re being influenced at.
This podcast is produced by Se’era Spragley Ricks, Daisy Rosario, Candice Lim and Rachelle Hampton.
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Is it censorship for social media platforms to moderate their content, or is censorship when the state tells social media platforms how to moderate their content?
Guest: Mark Joseph Stern, Slate writer on courts and the law.
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Thirty years ago, a new kind of soda arrived in select stores. Instead of crowing about how spectacular it was, it offered up a liquid shrug, a fizzy irony. OK Soda was an inside joke for people who knew soda wasn’t cool. But what exactly was the punchline? In today’s episode, we’re going to ask how Coca-Cola, a company predicated on the idea that soda is more than "OK," ever bankrolled such a project. It was either a corporate attempt to market authenticity or a bold send-up of consumer capitalism; a project that either utterly, predictably failed or, perhaps more surprisingly, almost succeeded.
This episode was written by Willa Paskin. It was edited by Jenny Lawton. It was produced by Willa Paskin and Katie Shepherd, along with Evan Chung. Derek John is Executive Producer. Merritt Jacob is Senior Technical Director.
You’ll hear from Sergio Zyman, Brian Lanahan, Robin Joannides Lanahan, Charlotte Moore, Peter Wegner, Todd Waterbury, Dustin Ness, and Matt Purrington.
Special thanks to David Cowles, Art Chantry, Seth Godin, Jeff Beer, Gabriel Roth, Mark Hensley for all the OK Soda commercials and Mark Pendergrast, whose book For God, Country, & Coca-Cola was indispensable.
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Fertility doctors and their patients trying to conceive via in vitro fertilization (IVF) were stopped in their tracks this week, as the Alabama Supreme Court declared that embryos have the same rights as people. The decision has left doctors wondering if they can be sued for carrying out standard IVF procedures, and experts worry the ruling could have ramifications for IVF around the country.
Guest: Dr. Elizabeth Constance, reproductive endocrinology and infertility specialist in Omaha, Nebraska.
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Check out Compiler here.
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This week, Felix Salmon, Emily Peck and Elizabeth Spiers come with 0% interest and no fees! They discuss what the proposed merger between Capital One and Discover would mean for the rest of us and why the government probably won’t let it happen. Also: How long will Nvidia’s chip empire last, and why there are suddenly so many car washes everywhere. In the Plus segment: The gang reveals their all-time favorite kitchen gadgets.
If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.
Podcast production by Jared Downing and Cheyna Roth.
Clips and references in the show:
“‘I’m gonna get totally and utterly X-ed.’: Constructing drunkenness”
1986 Discover ad
“Car Wash” by Rose Royce
Vintage car wash documentary
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Studies have found that, in tiny increments, America’s East Coast is sinking into the ground thanks to climate change. Can a new approach to urban planning mitigate the effect?
Guest: Matt Simon, senior staff writer at Wired.
You can read Matt’s reporting here.
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Felix Salmon sits down with Carrie Sun, whose book Private Equity: A Memoir recalls her life as the right-hand woman of a billionaire hedge fund manager. Burnt out on corporate life, Carrie wanted a low-key day job while she pursued her writing career. Instead, she found herself in a world of high-octane Wall Street hustle where profit is paramount. She and Felix discuss Wall Street culture,
If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our regular show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.
Podcast production by Jared Downing and Cheyna Roth.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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