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Survival of the Richest | Douglas Rushkoff

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James Altucher   Sep 22nd, 2022

Description

"I thought I was a joke or a test!" Douglas Rushkoff was led into a room at a desert resort where five mysterious billionaires awaited him. They peppered the media theorist and author with binary questions: Bitcoin or Ethereum? Virtual reality or augmented reality? Alaska or New Zealand? This experience sets the stage for Douglas's newest book, Survival of the Richest: Escape Fantasies of the Tech Billionaires, which focuses on "The Mindset, a Silicon Valley-style certainty that they and their cohort can break the laws of physics, economics, and morality to escape a disaster of their own making — as long as they have enough money and the right technology." *Today's episode explores the derivative and meta focus of today's financial and technology industry, so much so that the New York Stock Exchange has been purchased by a derivates exchange and Facebook has changed its holding company's name to Meta. Additional Topics Include: Why Alphabet will survive and Meta will fail (05:18) Will new technologies replace human labor or just camouflage it? (12:02) The 2000 merger of AOL and Time Warner (18:14) Is a scorched earth mentality necessary? (20:32) Why do billionaires donate so inefficiently (27:07) (Editor’s note: Topic times don’t account for sponsor ads and may appear a few minutes later in the episode on your podcast player) ------------ Visit Notepd.com to read our idea lists & sign up to create your own! My new book Skip the Line is out! Make sure you get a copy wherever books are sold! I write about all my podcasts! Check out the full post and learn what I learned. ------------ Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show”