Episodes

  • The Future of Media with Noah Smith and Chris Best, CEO of Substack
    Jun 21 2025
    Today on Moment of Zen, we're airing a conversation with economist Noah Smith and Substack CEO Chris Best discussing the evolving media landscape. They dive into whether Twitter's dominance is waning, what features a successor platform would need, and how artificial intelligence is set to transform media as we know it. This conversation originally took place live on Noah's Substack: https://www.noahpinion.blog/ -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess 🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- X / TWITTER: @noahpinion @eriktorenberg @turpentinemedia -- HIGHLIGHTS OF THE DISCUSSION: Breaking News Platform Concept Noah proposed Substack could replace Twitter's former role as a breaking news hub by recruiting OSINT specialists and citizen journalists to create live blogs These would function as both real-time updates and daily digest newsletters, solving the chicken-and-egg problem of audience vs. content AI's Impact on Media AI will serve as a "force multiplier" for writers rather than replacing them entirely Key applications: summarization, curation, and search enhancement Writers may use AI teams to amplify their unique perspectives and research capabilities Platform Evolution Twitter's decline attributed to the shift from chronological to algorithmic feeds (pull to push media) The "age of Twitter" for breaking news lasted roughly 2011-2023 Substack currently excels at day-after analysis but lacks real-time news capabilities Geopolitical Concerns Noah expressed pessimism about US competitiveness against China due to population size (4x difference) Concerns about weakened alliance systems under recent US foreign policy Worries about falling behind in electric/battery technology due to policy and cultural resistance Content Abundance Problem Both noted the challenge of infinite content creation vs. scarce attention Emphasized importance of choosing content that shapes who you become, not just what you want right now
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    49 mins
  • Are Dynasties Better Than Meritocracies?
    Jun 14 2025
    Samo Burja and Erik Torenberg examine how dynastic succession can outperform meritocratic systems. The discussion analyzes successful family-controlled enterprises like the New York Times, Samsung, and Sweden's Wallenberg companies, arguing that hereditary structures can often solve succession problems more effectively than rational selection mechanisms. Make sure to subscribe to Samo Burja's Bismarck Brief and the Live Players podcast to read analyses and briefs like this one: Bismarck Brief: https://brief.bismarckanalysis.com/ Live Players: https://link.chtbl.com/liveplayers -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- X / TWITTER: @SamoBurja @eriktorenberg @turpentinemedia -- HIGHLIGHTS OF THE DISCUSSION:
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    48 mins
  • The Middle Class Myth and China’s Future with Noah Smith
    Jun 7 2025
    Today on Moment of Zen, Erik Torenberg and Noah Smith debunk the myth that globalization destroyed America's middle class, showing wages actually grew during hyperglobalization. It examines the limited "China shock" impact and critiques how both political tribes' technology fears may handicap America's competitiveness against China. -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess 🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- X / TWITTER: @noahpinion @eriktorenberg @turpentinemedia -- HIGHLIGHTS OF THE DISCUSSION: Main Argument Myth: Globalization hollowed out America's middle class Reality: Middle class moved UP income brackets; wages grew 40% during peak globalization Real Causes 1973 oil shock caused wage stagnation (70s-80s), not globalization China shock (2000s): Only 2M manufacturing jobs lost, limited scope America vs. China US: Less globalized than most countries; only 4% manufacturing trade deficit China: Cities will look shabby in 30 years; exports falling as % of GDP Political Technology Paralysis Republicans: Fear hardware (solar, batteries, EVs) Progressives: Fear software (AI, social media) Both sides handicapping American tech leadership while China advances
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    55 mins
  • What If Rome Had Industrialized? | Samo Burja
    May 31 2025
    Today on Moment of Zen, Erik Torenberg and Samo Burja examine "failed" industrial revolutions throughout history, particularly Rome's sophisticated water-powered manufacturing, standardized production, and steam engine prototypes. The discussion explores how civilizations like Rome and Song Dynasty China achieved industrial-scale commerce and technology before ultimately plateauing or collapsing due to demographic, military, or economic constraints. Make sure to subscribe to Samo Burja's Bismarck Brief and the Live Players podcast to read analyses and briefs like this one: Bismarck Brief: https://brief.bismarckanalysis.com/ Live Players: https://link.chtbl.com/liveplayers -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess 🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- X / TWITTER: @SamoBurja @eriktorenberg @turpentinemedia -- HIGHLIGHTS OF THE DISCUSSION: Roman Industrial Capabilities: Extensive use of water power for mills, ironworks, marble cutting, and mining Mass production of pottery (53 million amphora estimated from one Roman hill) Standardized parts for statues, military equipment, and containers Advanced metallurgy producing air pollution detectable in Greenland ice cores Technological Sophistication: Hero of Alexandria created functional steam engines as early experiments Romans used coal for heating and had portable fire pumps Nanotechnology in glassware (Lycurgus Cup with gold/silver particles) Complex mechanical devices and automated systems Economic Scale: Billion+ amphora production across the empire Sophisticated consumer economy with middle class purchasing power Standardized commerce and shipping networks across Mediterranean Industrial-scale mining that reshaped entire landscapes Why They "Failed": Population decline removed growth incentive Military pressures from external forces Reached saturation point where demand was met Industrial revolutions follow S-curves that plateau without continued expansion Broader Pattern: Song Dynasty China faced similar trajectory before nomadic conquests Large-scale commerce and state demand were prerequisites Water transportation networks enabled industrial development All required demographic/geographic growth to sustain technological advancement
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    49 mins
  • Can Japan Survive Its Demographic Crisis? | Samo Burja
    May 24 2025
    Today on Moment of Zen is a conversation I had with Samo Burja back in January 2024 on Japan's existential demographic crisis, analyzing how collapsing fertility rates and population aging threaten the nation's economic and geopolitical future. The discussion explores cultural barriers to family formation, automation limitations, and Japan's dilemma between preserving identity versus accepting transformative change. Make sure to subscribe to Samo Burja's Bismarck Brief and the Live Players podcast to read analyses and briefs like this one: Bismarck Brief: https://brief.bismarckanalysis.com/ Live Players: https://link.chtbl.com/liveplayers -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess 🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- X / TWITTER: @SamoBurja @eriktorenberg @turpentinemedia -- HIGHLIGHTS OF THE DISCUSSION: Demographic Crisis Fertility rate collapsed to 1.3 - population shrinking from 125M to 50M this century Aging dependency ratio crushing economy - fewer workers supporting more elderly Young people may emigrate if decline accelerates Cultural Challenges Work vs. family contradiction - salaryman culture prioritizes career over children Proposed solution: Require executives to have 2+ kids 97% ethnic homogeneity creates social cohesion but limits immigration options Economic Implications Automation needs scale - fewer people makes it less effective Japan's productivity gains vanish when controlling for aging Risk of economic tailspin and brain drain Military Transformation From pacifist to military power - world-class navy, converting carriers for F-35Bs Nuclear weapons ready - space program + plutonium = "some assembly required" Key player in Taiwan scenarios Geopolitical Positioning Economically tied to China, security-wise allied with US Will stay politically independent from China due to nationalism Would go nuclear if US withdraws from East Asia Japan must choose: Maintain cultural identity and accept economic decline, or transform through immigration to stay economically viable. Currently choosing the former while hoping automation saves them.
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    1 hr and 4 mins
  • India-Pakistan Conflict Explained | Samo Burja
    May 17 2025
    Today on Moment of Zen is a conversation I had with Samo Burja about the intricate historical, military, and cultural dimensions of the India-Pakistan conflict, and how these nuclear neighbors navigate their complex relationship. This podcast originally aired on the Village Global podcast. Make sure to subscribe to Samo Burja's Bismarck Brief and the Live Players podcast to read analyses and briefs like this one: Bismarck Brief: https://brief.bismarckanalysis.com/ Live Players: https://link.chtbl.com/liveplayers -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess 🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | | SQUAD Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- RECOMMENDED LINK/S: India: Live Players Analysis: https://www.youtube.com/watch?v=8GbsYh2kx7Y -- Follow on X: @samoburja@eriktorenberg@turpentinemedia -- KEY HIGHLIGHTS Conflict stems from unresolved partition issues dividing predominantly Muslim and Hindu regions India's large Muslim population (200-300 million) creates internal stability concerns during potential conflicts Pakistan relies heavily on its military for national cohesion despite ethnic diversity Both nations possess modern military capabilities including nuclear weapons (170-200 warheads each) Nuclear conflict would likely only occur if Pakistan's government faced collapse or if India pursued regime change A nuclear war could cause millions of deaths and create 30-50 million refugees China maintains ties with Pakistan and has its own territorial disputes with India Likely future: continued sporadic fighting followed by ceasefires rather than full-scale war Pakistan's legitimacy relies on opposing India; India sees Pakistan as obstacle to global influence Unlike Israel-Palestine, this conflict could theoretically be resolved without existential questions India's optimal strategy: economically outgrow Pakistan while maintaining internal security
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    47 mins
  • The Bureaucracy War: Palantir CTO Shyam Sankar and Senator Mike Lee (UT) - Hill & Valley Forum 2025
    May 10 2025
    Today on Moment of Zen, we're sharing a conversation  about defense innovation bureaucracy reform recorded at this week's Hill & Valley Forum in Washington D.C.  In this session, Palantir, CTO Sha Sankar and Senator Mike Lee dissect America's defense innovation paralysis. They articulate how bureaucratic accretion stifles the necessary competition and "heretical" personalities historically driving breakthroughs. Their prescription: regulatory reset via the REINS Act, competing procurement programs, and empowering maverick leaders—essential counters to China's accelerating AI capabilities. If you're interested to hear all the talks from the forum, please subscribe to The Hill & Valley Forum Podcast: ⁠YouTube: https://www.youtube.com/@HillValleyForum⁩⁠ Apple:⁠ https://podcasts.apple.com/us/podcast/the-hill-valley-forum-podcast/id1692653857⁠ Spotify: ⁠https://open.spotify.com/show/39s4MCyt1pOTQ8FjOAS4mi⁠ -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess 🙏 Help shape our show by taking our quick listener survey at ⁠https://bit.ly/TurpentinePulse⁠ -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at ⁠https://netsuite.com/zen⁠. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at ⁠https://shopify.com/momentofzen⁠. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit ⁠https://adquick.com/⁠ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- Follow on X: @SenMikeLee (Senator Mike Lee) @friedberg (Shyam Sankar) @cgarrett_15 (Christian Garrett) @eriktorenberg @turpentinemedia -- KEY HIGHLIGHTS: Defense innovation has stalled by prioritizing process over people and rigidly following bureaucratic procedures Competition between services and programs historically drove breakthroughs but has been lost America needs more "heretical" founder-type leaders within defense The REINS Act could restore constitutional order by requiring Congress to approve regulations Bureaucratic reform is essential to compete with China in the AI arms race
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    35 mins
  • Energy, Education, Deregulation with David Friedberg, Shaun Maguire, and Todd Young at the Hill & Valley Forum
    May 6 2025
    Today on Moment of Zen, we're sharing a conversation about rebuilding American manufacturing recorded at this week's Hill & Valley Forum in Washington D.C. Senator Todd Young is joined by Shaun Maguire, a partner at Sequoia, and David Friedberg the CEO of Ohalo to discuss the massive energy gap with China, how to reform education for industrial jobs, and where strategic innovation could help the US regain its competitive edge. If you're interested to hear all the talks from the forum, please subscribe to The Hill & Valley Forum Podcast: ⁠YouTube: https://www.youtube.com/@HillValleyForum⁩⁠ Apple:⁠ https://podcasts.apple.com/us/podcast/the-hill-valley-forum-podcast/id1692653857⁠ Spotify: ⁠https://open.spotify.com/show/39s4MCyt1pOTQ8FjOAS4mi⁠ -- 📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess 🙏 Help shape our show by taking our quick listener survey at ⁠https://bit.ly/TurpentinePulse⁠ -- SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at ⁠https://netsuite.com/zen⁠. Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at ⁠https://shopify.com/momentofzen⁠. The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit ⁠https://adquick.com/⁠ today to start reaching your customers in the real world. Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist. -- Follow on X: @SenToddYoung (Senator Todd Young) @friedberg (David Friedberg) @shaunmmaguire (Shaun Maguire) @cgarrett_15 (Christian Garrett) @eriktorenberg @turpentinemedia -- TIMESTAMPS: (00:00) Preview (00:57) Introduction to the panel on rebuilding American manufacturing (01:25) Panel discussion begins on industrial strength in America (02:29) Shaun Maguire on creating national champions to rebuild supply chains (04:43) Senator Young on government's role in reshoring critical technologies (08:00) David Friedberg on energy and education as baseline problems (14:35) Sponsors: Netsuite | Shopify (17:05) Discussion on nuclear energy policy and regulatory reform (20:00) Role of automation in American manufacturing revival (22:48) Debate on friend-shoring versus onshoring manufacturing (27:48) Magic wand policy changes to bring back manufacturing (30:56) Sponsors: AdQuick | Squad (32:53) Outro
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    36 mins