High Signal Podcasts Evidence ledger
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Public evidence record

Patrick McKenzie

Published podcast speaker

Claims
34
Episodes
2
Shows
2
Named items
0

Claim ledger

What Patrick said.

13 transcript-backed records

01 / evaluation

There is one tiny actor who understands that he has unitary control over some decisions, and who is capable of betting boldly on those without a huge amount of process when it is important to bet boldly on things.

“There is one tiny actor who understands that he has unitary control over some decisions, and who is capable of betting boldly on those without a huge amount of process when it is important to bet boldly on things.”
Publisher
Dwarkesh Podcast

03 / evaluation

It’s partly because of political incentives and because we're approaching an election year. It’s also because of the quirky way that American parties and candidates bounce off each other.

“It’s partly because of political incentives and because we're approaching an election year. It’s also because of the quirky way that American parties and candidates bounce off each other.”
Publisher
Dwarkesh Podcast

04 / evaluation

" A thing that might not be obvious to most people in the world is that AppAmaGooBookSoft literally have teams of people whose job is public health because they are the operating system of the world right now.

“" A thing that might not be obvious to most people in the world is that AppAmaGooBookSoft literally have teams of people whose job is public health because they are the operating system of the world right now.”
Publisher
Dwarkesh Podcast

05 / evaluation

" Amazon would say, "we literally do that every day." They say, “back in December, people were saying on the news this would be an unprecedented logistics challenge because the vaccine has to be kept at ultra-low temperatures.

“" Amazon would say, "we literally do that every day." They say, “back in December, people were saying on the news this would be an unprecedented logistics challenge because the vaccine has to be kept at ultra-low temperatures.”
Publisher
Dwarkesh Podcast

06 / evaluation

He says very loudly that the reason why he got this opportunity to do bitcoin arbitrage between Japan and the United States is because he was able to do something that the rest of the world wasn't.

“He says very loudly that the reason why he got this opportunity to do bitcoin arbitrage between Japan and the United States is because he was able to do something that the rest of the world wasn't.”
Publisher
Dwarkesh Podcast

07 / evaluation

The median haul that a bank robber gets is about $8,000. It is the worst possible way to earn $8,000 because a career bank thief — the other word for that is long-term guest of the United States government.

“The median haul that a bank robber gets is about $8,000. It is the worst possible way to earn $8,000 because a career bank thief — the other word for that is long-term guest of the United States government.”
Publisher
Conversations with Tyler

08 / evaluation

For a while and continuing, I thought that crypto was drawing a lot of the fraud out of the more traditional sectors of the economy, because if you do it in crypto, that wasn’t fraud, or it was fraud that you would get away with and make a substantial amount of money doing.

“For a while and continuing, I thought that crypto was drawing a lot of the fraud out of the more traditional sectors of the economy, because if you do it in crypto, that wasn’t fraud, or it was fraud that you would get away with and make a substantial amount of money doing.”
Publisher
Conversations with Tyler

09 / evaluation

Depending on the bank and the locality, et cetera, it’s between 200 and 500. So, if you turn away a single customer or two customers in a row to open accounts because you had three parking spaces where you could have had seven, you’ve done a very outsized amount of damage to your financial institution, and thus over-provision the parking in all the places.

“Depending on the bank and the locality, et cetera, it’s between 200 and 500. So, if you turn away a single customer or two customers in a row to open accounts because you had three parking spaces where you could have had seven, you’ve done a very outsized amount of damage to your financial institution, and thus over-provision the parking in all the places.”
Publisher
Conversations with Tyler

10 / evaluation

Many, many tens of billions of dollars of check fraud happened over the years because of that issue, and we just took the punches and developed a vast shadow infrastructure to defang this fundamental, irreducible security hole in the heart of the checking system.

“Many, many tens of billions of dollars of check fraud happened over the years because of that issue, and we just took the punches and developed a vast shadow infrastructure to defang this fundamental, irreducible security hole in the heart of the checking system.”
Publisher
Conversations with Tyler

11 / evaluation

I will say one thing about the experience, is that having a lot of free time on your hands in the evenings and no outlet for English was a great push in the right direction of writing more than most people do in their 20s.

“I will say one thing about the experience, is that having a lot of free time on your hands in the evenings and no outlet for English was a great push in the right direction of writing more than most people do in their 20s.”
Publisher
Conversations with Tyler

12 / evaluation

It is possible to be a net-negative productive debt collector, and since your activity is tracked, your employer will eventually come to understand that about you. But most people who leave don’t leave because this is a job that is beyond their intellectual capability or because the script they’re given doesn’t work well, et cetera, et cetera.

“It is possible to be a net-negative productive debt collector, and since your activity is tracked, your employer will eventually come to understand that about you. But most people who leave don’t leave because this is a job that is beyond their intellectual capability or because the script they’re given doesn’t work well, et cetera, et cetera.”
Publisher
Conversations with Tyler

13 / evaluation

Since the corner bodega can easily verify that the Tide hasn’t been tampered with because the Tide seal is on it, and has basically unlimited willingness to do small-dollar transactions that make money, that was a way to recycle Tide which had been stolen — or which had been acquired by means that were not stealing, but also not exactly the official way of getting Tide — and recycle it into the more or less legitimate economy, insofar as we think that the corner bodega is more or less legitimate, which I think is a complicated story.

“Since the corner bodega can easily verify that the Tide hasn’t been tampered with because the Tide seal is on it, and has basically unlimited willingness to do small-dollar transactions that make money, that was a way to recycle Tide which had been stolen — or which had been acquired by means that were not stealing, but also not exactly the official way of getting Tide — and recycle it into the more or less legitimate economy, insofar as we think that the corner bodega is more or less legitimate, which I think is a complicated story.”
Publisher
Conversations with Tyler
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