Episodes

  • What Can You Learn from a Deterministically Chaotic Market Simulation?

    What Can You Learn from a Deterministically Chaotic Market Simulation?
    May 18 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) -
    • (07:19) - Prediction Markets
    • (08:18) - Exotics
    • (09:34) - Binning
    • (10:38) - Unpopular AI
    • (11:51) - The Rebalancing Trade
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    13 mins
  • Why does Resource Extraction Produce Such Concentrated Wealth?

    Why does Resource Extraction Produce Such Concentrated Wealth?
    May 11 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) - Why does Resource Extraction Produce Such Concentrated Wealth?
    • (08:30) - RLHF
    • (10:17) - When Will AI Show Up in Labor Market Data?
    • (11:16) - Aligning Incentives
    • (12:00) - Local Volatility
    • (12:41) - FDE Shortage
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    13 mins
  • Dead Airlines

    Dead Airlines
    May 4 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) - Dead Airlines
    • (04:46) - Synergy
    • (06:02) - Indexes
    • (06:58) - Warehousing
    • (07:53) - Capacity
    • (08:43) - Defense
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    10 mins
  • Are the AI Labs Ready for the AI Backlash?

    Are the AI Labs Ready for the AI Backlash?
    Apr 27 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) - Are the AI Labs Ready for the AI Backlash?
    • (06:27) - Barter
    • (08:06) - State Hypercapitalism
    • (09:05) - AI Pricing
    • (10:05) - Reflexivity
    • (10:48) - Complements
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    12 mins
  • Ad-Based Platforms Have Mostly Solved Optimal Taxation

    Ad-Based Platforms Have Mostly Solved Optimal Taxation
    Apr 20 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) - Ad-Based Platforms Have Mostly Solved Optimal Taxation
    • (08:06) - The Infrastructure Put Option
    • (09:14) - Monetization
    • (10:03) - Headless SaaS
    • (11:36) - Gazumped!
    • (12:49) - Bits and Barrels
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    14 mins
  • Ring, Cloudflare, and the Supply Chain of State Capacity

    Ring, Cloudflare, and the Supply Chain of State Capacity
    Apr 13 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) - Ring, Cloudflare, and the Supply Chain of State Capacity
    • (08:32) - Work Trials
    • (09:43) - The Mezzanine Tranche
    • (10:29) - Politics by Other Means
    • (12:51) - Lawyers
    • (13:51) - Token Shortages
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    15 mins
  • Uncanny AI

    Uncanny AI
    Apr 6 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) - Uncanny AI
    • (05:39) - Organic Content
    • (06:22) - Inconsistent Candor
    • (07:28) - Liquidity
    • (08:22) - Return to Office
    • (09:06) - Long-Lead Time Hacking
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    10 mins
  • Handy Robots

    Handy Robots
    Mar 30 2026
    This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
    • (00:00) - Handy Robots
    • (08:25) - It's Personal
    • (10:03) - Rationing
    • (10:37) - Penny Stocks
    • (11:47) - The Text Glut
    • (13:34) - Sora
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    15 mins