Chapter
The Increasing Complexity of Engineering
2:04:20 - 2:11:42 (07:22)
Becoming a successful engineer requires spending a significant amount of time keeping up with economic and geopolitical events that can affect the industries and markets you work in.
Clips
Beating inflation requires understanding various markets and asset classes such as commodities, equity, bond, and real estate.
2:04:20 - 2:07:34 (03:13)
Summary
Beating inflation requires understanding various markets and asset classes such as commodities, equity, bond, and real estate. It also requires constant monitoring of the world's central banks and a deep understanding of macroeconomics.
ChapterThe Increasing Complexity of Engineering
Episode#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
PodcastLex Fridman Podcast
As the world becomes more uncertain, engineers are required to spend half of their time learning about a range of topics unrelated to their field of expertise.
2:07:34 - 2:09:58 (02:24)
Summary
As the world becomes more uncertain, engineers are required to spend half of their time learning about a range of topics unrelated to their field of expertise. This makes it harder for them to provide for themselves in the future and increases uncertainty about what the future holds.
ChapterThe Increasing Complexity of Engineering
Episode#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
PodcastLex Fridman Podcast
In this podcast, the speaker discusses the concept of taking risks in order to start a business and the rewards that come with being an entrepreneur, despite the potential negatives that a low time preference can bring.
2:09:58 - 2:11:42 (01:44)
Summary
In this podcast, the speaker discusses the concept of taking risks in order to start a business and the rewards that come with being an entrepreneur, despite the potential negatives that a low time preference can bring.