Uploaded September 2023 | Updated September 2026, 1 hour ago
Noah Smith and Erik Torenberg are joined by Adam Nash to discuss AI, the recent tech downturn, and why the venture model has been so successful across multiple tech booms. Adam is offering ECON 102 listeners, a free $25 for the charity of their choice when they join Daffy daffy.org/econ102/invite
If you’re looking for an ERP platform, check out our sponsor, NetSuite: netsuite.com/102
Econ 102 is a part of the Turpentine podcast network. To learn more: turpentine.co
🎧 You can also listen to Econ 102 on the podcast platform of your choice: link.chtbl.com/Econ102
About guest Adam Nash:
Adam Nash is the co-founder & CEO of Daffy.org, a community and platform for charitable giving. Adam is a seasoned executive, investor, and advisor. Adam currently sits on the Board of Directors for Acorns and Shift Technologies. Adam also teaches the "Personal Finance for Engineers" course at Stanford and he was previously the president and CEO at Wealthfront.
TIMESTAMPS:
(00:00) Episode Preview
(02:00) Why Al may stop nerds from ruling the world
(06:25) Are "Skilled” and “Unskilled" the correct labels in this debate?
(10:00) Who benefits from a growth mindset?
(13:00) Coding example
(14:25) Highly skilled tech workers get a boost
(17:20) Substitutability versus overall boost
(20:55) Sponsor: NetSuite
(23:45) Al as a productivity tool
(25:30) Al ethics and safety
(28:50) Adam Nash's journey into fintech
(30:55) How Americans think about giving
(33:30) Macro: What does the current Tech downturn mean?
(35:00) People looking for a quick snapback and boom will be disappointed
(37:00) How will Al revolutionize distribution?
(39:50) Smartphones and depression
(43:45) Why the VC model has been so successful across multiple technology booms.
LINKS:
Is It Time for Revenge of the Normies? https://www.noahpinion.blog/p/is-it-time-for-the-revenge-of-the
Interview: Jean Twenge, Psychologist https://www.noahpinion.blog/p/interview-jean-twenge-psychologist
Join Daffy daffy.org/econ102
X / TWITTER:
@noahpinion (Noah)
@adamnash (Adam)
@eriktorenberg (Erik)
SPONSOR:
NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite ✅ netsuite.com/102 and download your own customized KPI checklist.
Music License:
GDC6SQTDZ62VTRNC
RKFOEHEJDCRXI07O
Noah Smith and Erik Torenberg are joined by Adam Nash to discuss AI, the recent tech downturn, and why the venture model has been so successful across multiple tech booms. Adam is offering ECON 102 listeners, a free $25 for the charity of their choice when they join Daffy daffy.org/econ102/invite
If you’re looking for an ERP platform, check out our sponsor, NetSuite: netsuite.com/102
Econ 102 is a part of the Turpentine podcast network. To learn more: turpentine.co
🎧 You can also listen to Econ 102 on the podcast platform of your choice: link.chtbl.com/Econ102
About guest Adam Nash:
Adam Nash is the co-founder & CEO of Daffy.org, a community and platform for charitable giving. Adam is a seasoned executive, investor, and advisor. Adam currently sits on the Board of Directors for Acorns and Shift Technologies. Adam also teaches the "Personal Finance for Engineers" course at Stanford and he was previously the president and CEO at Wealthfront.
TIMESTAMPS:
(00:00) Episode Preview
(02:00) Why Al may stop nerds from ruling the world
(06:25) Are "Skilled” and “Unskilled" the correct labels in this debate?
(10:00) Who benefits from a growth mindset?
(13:00) Coding example
(14:25) Highly skilled tech workers get a boost
(17:20) Substitutability versus overall boost
(20:55) Sponsor: NetSuite
(23:45) Al as a productivity tool
(25:30) Al ethics and safety
(28:50) Adam Nash's journey into fintech
(30:55) How Americans think about giving
(33:30) Macro: What does the current Tech downturn mean?
(35:00) People looking for a quick snapback and boom will be disappointed
(37:00) How will Al revolutionize distribution?
(39:50) Smartphones and depression
(43:45) Why the VC model has been so successful across multiple technology booms.
LINKS:
Is It Time for Revenge of the Normies? https://www.noahpinion.blog/p/is-it-time-for-the-revenge-of-the
Interview: Jean Twenge, Psychologist https://www.noahpinion.blog/p/interview-jean-twenge-psychologist
Join Daffy daffy.org/econ102
X / TWITTER:
@noahpinion (Noah)
@adamnash (Adam)
@eriktorenberg (Erik)
SPONSOR:
NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite ✅ netsuite.com/102 and download your own customized KPI checklist.
Music License:
GDC6SQTDZ62VTRNC
RKFOEHEJDCRXI07O
