Tyler Cowen: belief

Transcript context

…Right. But does that mean that podcasts themselves are overrated in a sense? And that writing and the written word is still underrated? Yeah, the whole genre mystifies me. I don’t see why anyone does it or listens or cares. It’s bizarre given that I produce the output. But I never would have predicted it. And it always feels to me like a bubble. I don’t think it is at this point. It’s less of a bubble than blogs were. I think the big insight was that people were wasting their time a lot more than we thought and mobile and social media and podcasting all filled that space. Yes. I think it is a way to fill up some of that idle time with content that actually is better than what you’re typically going to consume. To the extent that we’re competing with mobile games, which I think is one of the things you’re going to do with your idle time for an average person.…

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