There are two sides to every coin — and sometimes our strengths become weaknesses. This hour, TED speakers explore the mixed blessings and volatile flip sides of mental health, parenting and AI. Guests include developmental psychologist Yuko Munakata, entrepreneur Andy Dunn and AI researcher Yejin Choi.
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For anyone running a business, technology is both threat and opportunity. Today, we run through techniques entrepreneurs can use to take advantage of new tech or defend against the dangers. It’s not just about the product you’re selling. It’s about consumer psychology, and ethics, and taking calculated risks to navigate uncertainty.
But, since this is Planet Money Summer School and we want to set your business on the path to riches, we’re going to talk about how to use tech to dream big. Maybe more than anything, technology creates opportunities for the little guys where the big established companies can’t be so nimble or have too much to lose.
Take the classic concept of the innovator’s dilemma: a company that innovated and succeeded, now faces a choice about any disruptive new technology. Do they risk tossing out their existing advantage and switch to the new tech, or play it safe and risk becoming obsolete?
Most new technologies don’t end up disrupting an industry. So it is totally rational for the big existing companies to ignore each new flash in the pan. But nobody wants to end up like Kodak: sticking with film while the digital camera takes off. So what to do?
Our friendly professor has a few ideas – for the little guy and the big old company. He’ll explain the shape of how new technology gets adopted, sometimes called the S curve. We’ll also hear examples of what stops promising new tech from taking off: from dishwashers to driverless cars, and even the humble elevator.
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Predicting the future of the economy is always a dicey proposition. That is especially true after more than three years of pandemic-related economic weirdness. No one quite knows what will happen next.
Will the Fed be able to pull off a soft landing and bring down inflation without causing either a recession or a big jump in unemployment? Or will we end up with a hard landing, in which inflation comes down, but at the price of the country’s economic health? Or, a third possibility, will the Fed not successfully bring inflation down at all?
On today’s show, three economic experts explain what they look for when trying to make predictions about what might come next for the U.S. economy. And how those indicators lead them to very different conclusions. We will also consult a tarot card reader…to see if her reading of the future can help us know which outcome is the most likely.
This episode was hosted by Keith Romer, Sarah Gonzalez, and Jeff Guo. It was produced by Sam Yellowhorse Kesler and edited by Jess Jiang. It was engineered by Kwesi Lee with help from Maggie Luthar and fact-checked by Sierra Juarez. Alex Goldmark is our Executive Producer.
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Celebrating 300 episodes! To commemorate this milestone, we recorded this podcast in front of a live audience at Space Center Houston. We were joined by four special guests, who walk us through the future of a human presence in Low Earth Orbit, before opening the conversation up to an audience Q&A. HWHAP Episode 300.
Original broadcast date: March 11, 2022. From our planet’s underwater caves to its ancient soils, there are entire worlds right beneath our feet. This hour, we explore the subterranean forces that shape our lives above the ground. Guests include cave diver Jill Heinerth, death care advocate Katrina Spade, soil scientist Asmeret Asefaw Berhe, and paleontologist Nizar Ibrahim.
TED Radio Hour+ subscribers now get access to bonus episodes, with more ideas from TED speakers and a behind the scenes look with our producers. A Plus subscription also lets you listen to regular episodes (like this one!) without sponsors. Sign-up at plus.npr.org/ted.
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In this session of Planet Money Summer School, we are getting the word out about your brand. How do you convince consumers to buy your product, even if they are only just hearing about it? It’s time for sales and marketing!
If you’ve watched a show like Mad Men or The Office, you know the importance of a strong pitch. It’s precision-crafted to show how what you’re selling can solve a problem your customer needs solved. Sometimes it even creates the need. Once you’ve got your sales pitch, it’s time to get the word out: marketing. Where to spread that message? How to make it unforgettable? Instantly recognizable? What is going to be your Just do it? Your Think different? Your Where’s the beef?
In our case studies today, we look at a product so cleverly marketed, the company doesn’t need to market it at all anymore and customers wait years to get it: the Birkin bag. And we hear lessons from some of the world’s most time tested salespeople who can and do sell anything, literally. It’s all about the four P’s: Product, place, promotion and price. Also, a few other tricks we test out.
Find all episodes of Planet Money Summer School here.
This series is hosted by Robert Smith, and produced by Max Freedman. Our project manager is Julia Carney. This episode was edited by Sally Helm and engineered by Josephine Nyounai. The show is fact-checked by Sierra Juarez. Planet Money’s executive producer is Alex Goldmark.
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There’s an estimated $195 billion of medical debt in America. But just because a medical bill comes in the mail doesn’t mean you have to pay that exact price. In this special episode from our friends at Life Kit, you’ll learn how to eliminate, reduce or negotiate a medical bill.
If you liked this episode, you can check out more Life Kit here. They have episodes on how to choose a bank, and how to save money at the grocery store.
This episode of Life Kit was produced by Sylvie Douglis. Their visuals editor is Beck Harlan, and their digital editor is Danielle Nett. Meghan Keane is their supervising editor, and Beth Donovan is their executive producer.
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Hear from new Gateway leaders who give us an update on the lunar outpost for future Artemis missions to the Moon. HWHAP Episode 299.
Dan Ariely and Francesca Gino are two of the biggest stars in behavioral science. Both have conducted blockbuster research into how to make people more honest, research we’ve highlighted on Planet Money. The two worked together on a paper about how to “nudge” people to be more honest on things like forms or tax returns. Their trick: move the location where people attest that they have filled in a form honestly from the bottom of the form to the top.
But recently, questions have arisen about whether the data Ariely and Gino relied on in their famous paper about honesty were fabricated — whether their research into honesty was itself built on lies. The blog Data Colada went looking for clues in the cells of the studies’ Excel spreadsheets, the shapes of their data distributions, and even the fonts that were used.
The Hartford, an insurance company that collaborated with Ariely on one implicated study, told NPR this week in a statement that it could confirm that the data it had provided for that study had been altered had been altered after they gave it to Ariely, but prior to the research’s publication: “It is clear the data was manipulated inappropriately and supplemented by synthesized or fabricated data.”
Ariely denies that he was responsible for the falsified data. “Getting the data file was the extent of my involvement with the data,” he told NPR.
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Fraud is everywhere around us — but not everyone steals for the same reasons. This hour, forensic accountant Kelly Richmond Pope explores the motivations and implications of why we cheat the system.
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