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“Out of the Crisis” Podcast

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51–60 of 92 posts

Re: “Out of the Crisis” Podcast

#51
post #7

Is there some reason to think Cuban has some useful thoughts here? He has done well for himself but he seems more than willing to make quips well outside of his knowledge base. Specifically I'm thinking of some off the cuff tweets regarding personal healthcare that seemed to be pretty far off base. Maybe that was a one off thing but I recall some others even regarding personal finance that seemed questionable.

The presence of Cuban helps me to feel more at ease with the state of the world.. if celebrities I recognize seem to be okay with what is happening what do I have to fear?

Re: “Out of the Crisis” Podcast

#52
post #24

Earlier quoted context omitted.

Thiel and Musk have a track record of success though. Yes, they're lucky, but they also seem to be smart and capable. Cuban is a one-hit-wonder that sold a domain (and a dream) to Yahoo at the height of the dot com bubble. They don't seem particularly comparable. Edit: to respond to the comments below, no I'm not saying he's not successful, or that he's not smart. I'm only saying in tech and startup circles, he's no…

On what basis is he a one-hit-wonder? Just because his endeavors didn’t progress to building rockets or big data ML for the gov, and instead to building a winning NBA team and one of most successful ongoing reality “startup” tv shows, he is somehow less-than?

I have no clue about the NBA, but yeah, I'd say being a part of a reality tv show isn't in the same league as building rockets to go to Mars.

The Kardashians are in reality tv shows. They are not building rockets.

Re: “Out of the Crisis” Podcast

#53
post #7

Is there some reason to think Cuban has some useful thoughts here? He has done well for himself but he seems more than willing to make quips well outside of his knowledge base. Specifically I'm thinking of some off the cuff tweets regarding personal healthcare that seemed to be pretty far off base. Maybe that was a one off thing but I recall some others even regarding personal finance that seemed questionable.

Useful is debatable, but his comments are relevant since he's on the federal task force for reopening the economy.

Isn't everybody and the kitchen sink on that task force?

Ah, yes,here we go, 200+ people: https://www.axios.com/white-house-reopen-america-task-fore-8...

(Which means it's a no-op. No group of 200 people is able to move at any kind of speed)

Re: “Out of the Crisis” Podcast

#54
post #24

Earlier quoted context omitted.

On what basis is he a one-hit-wonder? Just because his endeavors didn’t progress to building rockets or big data ML for the gov, and instead to building a winning NBA team and one of most successful ongoing reality “startup” tv shows, he is somehow less-than?

I have no clue about the NBA, but yeah, I'd say being a part of a reality tv show isn't in the same league as building rockets to go to Mars. The Kardashians are in reality tv shows. They are not building rockets.

Let's just be clear that the reason SpaceX builds great rockets is... not exactly rooted in Musk. He was too busy sleeping on the Tesla production floor.

If you want to look for the leaders there, Gwynne Shotwell & Tom Mueller is who should be on your radar.

Re: “Out of the Crisis” Podcast

#56
post #7

Is there some reason to think Cuban has some useful thoughts here? He has done well for himself but he seems more than willing to make quips well outside of his knowledge base. Specifically I'm thinking of some off the cuff tweets regarding personal healthcare that seemed to be pretty far off base. Maybe that was a one off thing but I recall some others even regarding personal finance that seemed questionable.

Cuban is an ok guy, but the healthcare comments are a good example of him being plain wrong. https://www.usatoday.com/story/entertainment/tv/2019/11/04/s... This is an example of him arguing with a MD. Cuban takes an issue with the doctor stating that consumer driven health care from non medical professionals is responsible for overuse of antibiotics. Cuban gets heated and dismisses the doctor as a quack when the doc…

Forget Cuban in here.Just a few hours ago I was talking with my sister about starting something similar. The product is cheap to manufacture, almost no regulations, no guarantees that it will work and the best part is that you can charge arbitrary amounts for it. The doctor's 'story' is a bit random.Not quite sure how things are done in the US, however in most parts of the world no self respecting doctor would prescribe antibiotics for viral infections. Here,in Britain,every GP practice is wallpapered with posters explaining this as well.

Re: “Out of the Crisis” Podcast

#57
post #8
post #7

Is there some reason to think Cuban has some useful thoughts here? He has done well for himself but he seems more than willing to make quips well outside of his knowledge base. Specifically I'm thinking of some off the cuff tweets regarding personal healthcare that seemed to be pretty far off base. Maybe that was a one off thing but I recall some others even regarding personal finance that seemed questionable.

https://en.wikipedia.org/wiki/Halo_effect Same reason we ask Peter Thiel or Elon Musk their thoughts on AI or politics.

Ai sure, but I personally put as much stock into either of their opinions as I do Cubans, which is, about as much stock I'd give to the opinion of any other reasonably smart person. Nothing special, because it's out of their domain of expertise. Nobody is an expert on "politics" in general. Some people are experts in running campaigns. Some people are experts in Keynesian economic theory. Some people are experts in healthcare. Some are experts in getting legislation passed and in understanding the machinations of power in Congress. Some are good executives able to hold together a broad set of options and make good calls. Nobody is an expert in all aspects of "politics"

Re: “Out of the Crisis” Podcast

#58
post #7

Is there some reason to think Cuban has some useful thoughts here? He has done well for himself but he seems more than willing to make quips well outside of his knowledge base. Specifically I'm thinking of some off the cuff tweets regarding personal healthcare that seemed to be pretty far off base. Maybe that was a one off thing but I recall some others even regarding personal finance that seemed questionable.

Cuban is an ok guy, but the healthcare comments are a good example of him being plain wrong. https://www.usatoday.com/story/entertainment/tv/2019/11/04/s... This is an example of him arguing with a MD. Cuban takes an issue with the doctor stating that consumer driven health care from non medical professionals is responsible for overuse of antibiotics. Cuban gets heated and dismisses the doctor as a quack when the doc…

I don't know about that particular story, but Mark really impressed me on shark tank when he detected some scamy shit about military grade encryption.

Re: “Out of the Crisis” Podcast

#59

"The first conversation is with investor and philanthropist Sam Altman. He has been one of the leading Silicon Valley figures helping the entire biotech industry make a complete pivot to working on solutions: vaccines, therapies, and eventually a cure." Ok, no disrespect to Sam Altman, but come on .

Yeah, he's cool and his efforts admirable, but you can talk about people's accomplishments without essentially downplaying the role of others. Yes hes helping with covid, but he didn't go single handedly convince J&J to develop their vaccine platform that they developed years ago. He didn't convince gilead to develop remdesivir, something they developed years ago for hep c. He didn't convince moderna to work on rna vaccines. He didn't convince the fda to fast track diagnostics. And I love how in the list of things, a cure is treated as the ultimate goal, which vaccines and therapies are on the path to. Therapies are essentially cures if they work (since currently you either cure yourself or you die, this is not a chronic infection). And a vaccine is the real end goal since that stops the disease from spreading in the first place and normalizes society again by creating herd immunity etc. Prevention > treatment

Re: “Out of the Crisis” Podcast

#60
post #53

Earlier quoted context omitted.

Useful is debatable, but his comments are relevant since he's on the federal task force for reopening the economy.

Isn't everybody and the kitchen sink on that task force? Ah, yes,here we go, 200+ people: https://www.axios.com/white-house-reopen-america-task-fore-8... (Which means it's a no-op. No group of 200 people is able to move at any kind of speed)

How is that "kitchen sink"?

The list consists of CEOs of many companies from different states and senators. Since each state is impacted differently and some are in better/worse situation than others, every company's opinion matters. There are also CEOs/business people from different venues like restaurants, NBA, NFL, UFC, Disney and other parks, bars etc. I think 200 might be too low. 200 divided by 50 states is around 4 per state.

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