Alex Rampell recalls that Russ Fradin founded Adify and sold it to Cox, an acquisition he puts at about $300 million.
“he started this company, Adify, and he sold it to Cox for all this money”
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Alex Rampell recalls that Russ Fradin founded Adify and sold it to Cox, an acquisition he puts at about $300 million.
“he started this company, Adify, and he sold it to Cox for all this money”
Rampell recounts an interview in which the CEO of Waste Management said he could not find truck drivers even at $150,000 a year.
“that's what Waste Management does for a 150,000 a year, I can't find them”
Rampell recalls that 97 to 98 percent of Americans were farmers when the US Constitution was ratified.
“I think it was 97, 98% of Americans when the Constitution was ratified were farmers”
The host describes a Seinfeld episode in which Jerry buys his father a Sharp Wizard, an early organizer similar to a Palm Pilot.
“Jerry buys his father a sharp wizard, which was like an early Palm Pilot, kinda.”
Alex Rampell explains Goodhart's law as the idea that a measure stops being accurate once it becomes a target.
“when a measure becomes a target, it is no longer accurate as a measure”
Rampell argues that Detroit's decline was driven by Japanese carmakers building better cars rather than by automation.
“that actually wasn't about automation, that was about, like, the Japanese built better cars”