Min. 24:20 - I think the slot-machine phenom has a different explantion. It's still a brain bug, but it has something to do with the human learning process through trial & error. People keep trying, because that's how babies get better at walking. The reward tells us that we got better at it, so we keep trying in order to reach perfection.
I'm surprised that Robert Shiller knows little about Google when the co-founder of Google and CEO of its parent company is Larry Page, a fellow University of Michigan alumnus. Isn't Google a huge technology firm as well as a major search engine on the internet? I better read his book. lol
You're right, Google is a technology firm that specializes in internet-related services, but its parent company, Alphabet Inc, has other technology branches in solar car development, computerized home products, etc. Larry Page is the co-founder of Google with Sergei Brinn, and Page was previously the CEO of Google. He's now the CEO of Alphabet, Inc., the parent company. Yes, both Robert Shiller & Larry Page were undergraduate students at the University of Michigan and earned their PhD degrees at MIT and Stanford, respectively.
What an awful speaker. Ah...ah... emhh... ah... ehhh. Incredible amount of hollow blablabla, endless retelling stories and anekdotes. The same as his books by the way - a host of anekdots, retelling other's books. But the worst part of this is his public speaking skills. Never ever met such a bad, worthless, empty and broken apart public speech
Love this guy. So smart and an independent thinker. People critique his style because he actually takes on the struggle to think for himself. 👍🙏👍🙏👍🙏
42:31 thank you for highlighting this otherwise overlooked angle
he's more of a writer than a speaker ^^ his books deliver his ideas way better than his speeches imo
Wait for it and wait some more!
4:43 hahaha NOW BING IS LAUGHING lol x)
Also really nice talk thanks google to invite and share such great content!
Fantastic
Min. 24:20 - I think the slot-machine phenom has a different explantion. It's still a brain bug, but it has something to do with the human learning process through trial & error. People keep trying, because that's how babies get better at walking. The reward tells us that we got better at it, so we keep trying in order to reach perfection.
a Freudian slip..? stock machines slot machines :)
Easily the best living economist
I'm surprised that Robert Shiller knows little about Google when the co-founder of Google and CEO of its parent company is Larry Page, a fellow University of Michigan alumnus. Isn't Google a huge technology firm as well as a major search engine on the internet? I better read his book. lol
You're right, Google is a technology firm that specializes in internet-related services, but its parent company, Alphabet Inc, has other technology branches in solar car development, computerized home products, etc. Larry Page is the co-founder of Google with Sergei Brinn, and Page was previously the CEO of Google. He's now the CEO of Alphabet, Inc., the parent company. Yes, both Robert Shiller & Larry Page were undergraduate students at the University of Michigan and earned their PhD degrees at MIT and Stanford, respectively.
Interesting character
I like the message/topic but this speaker rambles, the first 20 minutes can be skipped.
Nobel Prize for this chap? Hard to believe.
What an awful speaker. Ah...ah... emhh... ah... ehhh. Incredible amount of hollow blablabla, endless retelling stories and anekdotes.
The same as his books by the way - a host of anekdots, retelling other's books.
But the worst part of this is his public speaking skills. Never ever met such a bad, worthless, empty and broken apart public speech