This week, Byrne Hobart and Erik Torenberg discuss technological inflection points and examine how legal frameworks mask continued globalization despite apparent retrenchment, explores US-China dynamics, analyzes AI industry structure and emerging models, and considers Uber's strategic positioning against autonomous vehicles.

---

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Highlights from the Episode:

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SPONSORS:

NetSuite

More than 41,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Byrne Hobart and Erik Torenberg discuss the transformative impact of technological advancements, particularly OpenAI's research, Elon Musk’s $97 billion offer to acquire its controlling nonprofit, and the implications for business, jobs, regulation, and Musk's strategies with X and Doja.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

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Highlights from the Episode:

--

SPONSORS:

NetSuite

More than 41,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Byrne Hobart and Erik Torenberg explore the impact of technological advancements on markets and businesses, covering topics like global trade tariffs, political populism, AI's evolving role, open-source vs. proprietary models, stock market trends, and Meta’s investments in the metaverse and AR.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

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Highlights from the Episode:

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SPONSORS:

Notion

📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://notion.com/upstreampod

Vanta: Vanta simplifies security and compliance for businesses of all sizes. Automate compliance across 35+ frameworks like SOC 2 and ISO 27001, streamline security workflows, and complete questionnaires up to 5x faster. Trusted by over 9,000 companies, Vanta helps you manage risk and prove security in real time. Get $1,000 off at https://vanta.com/revolution

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Byrne Hobart and Erik Torenberg discuss the major disruptions in tech and business driven by AI advancements, examining reactions to DeepSeek's announcements, stock impacts on companies like Nvidia, volatility in AI investments, Meta's Threads, Elon Musk’s influence on X, the role of tech in a politically charged landscape, and how governments could shape industrial strategies to support national champions.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

---

Highlights from the Episode:

--

SPONSORS:

Notion

📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://notion.com/upstreampod

Vanta: Vanta simplifies security and compliance for businesses of all sizes. Automate compliance across 35+ frameworks like SOC 2 and ISO 27001, streamline security workflows, and complete questionnaires up to 5x faster. Trusted by over 9,000 companies, Vanta helps you manage risk and prove security in real time. Get $1,000 off at https://vanta.com/revolution

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

On this week's episode of The Riff, Erik Torenberg and Byrne Hobart explore the impact of technological change on markets, touching on meme investments, ESG, the rise of meme stocks and coins, Trump’s policies, China’s economic strategies, industrial policy debates, and how these factors could shape the future political and economic landscape.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

---

Highlights from the Episode:

---

RECOMMENDED PODCAST:

Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.

Apple: https://podcasts.apple.com/us/podcast/id1786227593

Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg

YouTube: https://www.youtube.com/@ModernRelationshipsPod

--

SPONSORS:

Notion

📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://notion.com/upstreampod

Vanta: Vanta simplifies security and compliance for businesses of all sizes. Automate compliance across 35+ frameworks like SOC 2 and ISO 27001, streamline security workflows, and complete questionnaires up to 5x faster. Trusted by over 9,000 companies, Vanta helps you manage risk and prove security in real time. Get $1,000 off at https://vanta.com/revolution

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Byrne Hobart and Erik Torenberg explore the historical paradigms from agrarian to industrial eras and potential future growth, while also addressing challenges in adopting new technologies like AI, institutional constraints at companies like Meta, post-COVID loneliness, the Scandinavian economic model, China's deflation concerns, and structural issues within OpenAI, all through a mix of personal anecdotes and historical insights.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

---

Highlights from the Episode:

---

RECOMMENDED PODCAST:

Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.

Apple: https://podcasts.apple.com/us/podcast/id1786227593

Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg

YouTube: https://www.youtube.com/@ModernRelationshipsPod

--

SPONSORS:

Notion

📝Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://notion.com/upstreampod

Vanta: Vanta simplifies security and compliance for businesses of all sizes. Automate compliance across 35+ frameworks like SOC 2 and ISO 27001, streamline security workflows, and complete questionnaires up to 5x faster. Trusted by over 9,000 companies, Vanta helps you manage risk and prove security in real time. Get $1,000 off at https://vanta.com/revolution

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Byrne Hobart and Erik Torenberg is joined by Tae Kim, author of The NVIDIA Way, exploring NVIDIA's remarkable journey, culture, and what sets the company apart under Jensen Huang's leadership.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

---

Highlights from the Episode:

---

RECOMMENDED PODCAST:

Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.

Apple: https://podcasts.apple.com/us/podcast/id1786227593

Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg

YouTube: https://www.youtube.com/@ModernRelationshipsPod

--

SPONSORS:

📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/

---

LINKS:

Byrne’s writing: https://thediff.co

Tae’s newsletter: https://firstadopter.substack.com/

The Nvidia Way: https://www.amazon.com/Nvidia-Way-Jensen-Huang-Making/dp/1324086718

---

X / TWITTER:

https://twitter.com/firstadopter (Tae)

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Erik Torenberg and Byrne Hobart discuss the pod shop hedge fund model, market cycles, AI pricing models, and the future of AI-generated content, with Byrne offering insights on hedge fund evolution, the current market environment, and AI's impact on entertainment and society.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

---

Highlights from the Episode:

---

RECOMMENDED PODCAST:

Check out Modern Relationships, where Erik Torenberg interviews tech power couples and leading thinkers to explore how ambitious people actually make partnerships work. Founders Fund's Delian Asparouhov and researcher Nadia Asparouhova kick off the series with an unfiltered conversation about their relationship evolution.

Apple: https://podcasts.apple.com/us/podcast/id1786227593

Spotify: https://open.spotify.com/show/5hJzs0gDg6lRT6r10mdpVg

YouTube: https://www.youtube.com/@ModernRelationshipsPod

---

SPONSORS:

📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Erik Torenberg and Byrne Hobart discuss AI's economic implications, the rise of passive investing, gambling markets, and Warren Buffett's early investment tactics, examining how technological advancements shape economic metrics, market dynamics, and industry shifts.

---

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

---

Highlights from the Episode:

---

SPONSORS:

📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

This week, Erik and Byrne discuss the impact of technological change on markets, debate the feasibility of Argentine-style economic policies in the U.S., discuss government efficiency, payroll costs, and political dynamics, including the potential economic effects of a Trump administration and strategies of figures like Elon Musk and Sam Altman. For full shownotes, visit: https://highlightai.com/share/da0b923d-7d50-4459-b8e9-d0bf87710da7

—

🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.

—

RECOMMENDED PODCAST:

🎙️ Unpack Pricing - Dive into the dark arts of SaaS pricing with Metronome CEO Scott Woody and tech leaders. Learn how strategic pricing drives explosive revenue growth in today's biggest companies like Snowflake, Cockroach Labs, Dropbox and more.

Apple: https://podcasts.apple.com/us/podcast/id1765716600

Spotify: https://open.spotify.com/show/38DK3W1Fq1xxQalhDSueFg

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SPONSORS:

Take your personal data back with Incogni! Use code ECON102 at the link below and get 60% off an annual plan: http://incogni.com/econ102

📑 Discover Carta, the innovative end-to-end accounting platform revolutionizing private fund management with streamlined operations and on-demand insights. Experience the new standard at https://carta.com/investors/

---

LINKS:

Byrne’s writing: https://thediff.co

---

X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)