Nate Silver: Why Extreme Risk Takers Are Winning

Nate Silver is a statistician, election prognosticator, and bestselling author. He joins Big Technology Podcast to discuss his reporting on extreme risk takers, and why the seem to be winning. Tune in to hear Silver's theory on how society bifurcates into the risk-forward, probability oriented thinkers (The River) and the safety seeking, status oriented community (The Village). In this episode, we discuss poker, sports betting, effective altruism, VC, AI research, and existential threads to humankind. Tune in for a fascinating deep dive from one of The River's foremost instigators.

To buy Silver's book, On The Edge, check out his book page: https://www.penguinrandomhouse.com/bo...

Spotify:  https://spoti.fi/32aZGZx
Apple:  https://apple.co/3AebxCK
Etc. https://pod.link/1522960417/

Chapters

00:00 Introduction: The Dominance of Risk-Takers
06:30 The Mentality of Risk-Takers
18:37 The Rise of Poker and Sports Betting
26:20 The Dangers of the Close Relationship Between Sports and Gambling
35:27 Prediction Markets vs. Polling
39:19 The Convergence of Politics, Finance, and Risk-Taking
43:24 Venture Capitalists vs. Founders: Different Approaches to Risk
55:26 Exploring the Limitations and Inconsistencies of Effective Altruism
59:52 The Influence of Expected Value Thinking in the AI Field
01:12:35 Three Tips for Successful Poker Players