The Crisis of Adulthood — with John Burn-Murdoch
Scott Galloway speaks with Financial Times columnist and chief data reporter John Burn-Murdoch to unpack the forces reshaping modern life. They discuss why birth rates are collapsing, why fewer young people are forming relationships, and how housing costs, social media, and remote work are changing the path to adulthood.
They also explore financial nihilism, the growing divide between young men and women, the impact of AI on work, and what it will take to rebuild connection, purpose, and opportunity for the next generation.
Follow John, @jburnmurdoch.
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Martin Wolf on the 'Terrifying' Superpower That the US Wields
Last year, when we talked to Martin Wolf, the global order seemed like it was being upended after President Trump unveiled his sweeping tariffs against nearly every US trading partner. A lot has happened since then. In fact, April 2025 seems almost quaint when compared to 2026 so far, from the Supreme Court's tariff ruling to the US-Israel war with Iran. The war's effect on the world's economy is at once stunning and utterly strange: even as the prices of major commodities — oil chief among them — rise, the markets seem unaffected, closing at record levels in recent weeks. Today we speak with Wolf, the chief economics commentator for the Financial Times, about all this chaos and why, so far, it seems disconnected from the logic of the market. There is, he says, a great deal of ruin in the world economy, but growth remains a constant fact of life. Why is that? There's no straightforward answer, but to begin understanding how we got here, Wolf takes us to the early 20th century and paints us a picture of the world after the two World Wars. We also talk about the "terrifying" power that the US wields over the globe, how a fragmented Europe is navigating anxious relationships with both the US and China, the Faustian bargain AI represents, and much more.
Read more:Oil Inventories Falling at Record Pace on Iran War, IEA SaysUndersea Internet Cable Projects Are Getting Tangled in the Iran War
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The Anthropic Rocketship, AI’s Spending Limits, SpaceX IPO
Financial Times San Francisco Bureau Chief Stephen Morris joins for our weekly discussion of the latest tech news. We cover: 1) Anthropic's $20 billion fundraising round 2) OpenAI is looking at $100 billion in funding 3) Amazon alone might put $50 billion in OpenAI 4) When does the money run out? 5) The rise of Clawdbot/Moltbot 6) Meta and Microsoft beat on earnings but go in separate directions 7) The market has no idea what to do with the AI trade 8) Apple's historic quarter 9) Amazon lays off 16,000 10) SpaceX IPO in June? 11) Why a SpaceX and xAI merger could make sense
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China Decode: Why Apple Can't Quit China (ft. Patrick McGee)
In this episode of China Decode, hosts Alice Han and James Kynge unpack China’s high-stakes push for tech independence, from Moore Threads’ explosive IPO to Beijing’s drive to build a homegrown alternative to Nvidia. They also explore why the renminbi (CNY) remains deeply undervalued despite calls for a stronger yuan. Later, they sit down with Patrick McGee, author of Apple in China: The Capture of the World’s Greatest Company, to discuss Apple’s deep reliance on China and the broader political and commercial leverage Beijing now wields over Western companies.
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Countdown to GPT-5, OpenAI’s Stargate Sputters, AI Math Wars
Financial Times San Francisco Bureau Chief Stephen Morris joins for our weekly discussion of the latest tech news. We cover: 1) Is GPT-5 really on its way? 2) GPT-5's reported capabilities 3) Is Sam Altman going to call GPT-5 AGI? 4) If GPT-5 codes well, where does that leave Anthropic? 5) Stargate hasn't made a single data center deal yet 6) Scaling Laws back in vogue? 7) AI math olympiad faceoff 8) AI data centers energy costs 9) Google's impressive earnings 10) Tesla's dark outlook 11) Satya Nadella addresses Microsoft's morale after layoffs
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Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice.
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Questions? Feedback? Write to: bigtechnologypodcast@gmail.com
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Gillian Tett on Complex Derivatives and the Fifth Stage of Capitalism
After the GFC, there was a lot of angst over the fact that so much effort and brainpower went into designing complex derivatives, and other financial instruments. Not only was this seen as wasteful, the complexity was deemed to be the heart of the crisis, and therefore bad. But all these years later, looking back, how bad is financial complexity really? What do things look like from the perspective of 2025. On this episode we're joined by Gillian Tett, a columnist at the Financial Times, and also the author of several books including Fool's Gold: The Inside Story of J.P. Morgan and How Wall St. Greed Corrupted Its Bold Dream and Created a Financial Catastrophe. We talked about her reporting on the evolution of financial derivatives, their legacy, what she is concerned about now, and why she sees the world entering into a new, post-neoliberal, fifth stage of capitalism.
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423: ‘Sewing Machine Repair Shop’, With Patrick McGee
Patrick McGee joins the show to discuss his must-read new book, Apple in China -- one of the best books about Apple anyone has ever written.
Sponsored by:
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Transcripts: Unofficial but surprisingly good.
Links:
“Apple in China”, Patrick’s spectacular new book.
Patrick on The Daily Show With Jon Stewart.
Excerpt from the book in the Sunday Times of London.
This episode of The Talk Show was edited by Caleb Sexton.
How China Captured Apple — with Patrick McGee
Patrick McGee, an award-winning journalist who spent years covering Apple for the Financial Times, joins Scott to discuss his new book, Apple in China: The Capture of the World's Greatest Company.
They get into Apple’s entanglement with China, the geopolitical risks tied to its supply chain, and whether a post-China future is possible for the company.
Follow Patrick, @PatrickMcGee_.
Scott starts the episode with thoughts on what makes someone a compelling communicator and storyteller.
Algebra of Happiness: you're not your kid's friend.
Help us plan for the future of The Prof G Pod by filling out a brief survey: voxmedia.com/survey.
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Martin Wolf on Trump's Shakeup of the Global Order
Martin Wolf has been called one of the world's most important economics commentators, and has for decades written in columns and his own books about the evolution of the global economy, chronicling the rise of globalization and the subsequent pushback to liberal trade. And he's had a lot to write about in recent weeks. President Trump's unveiling of sweeping tariffs against pretty much every single US trading partner has not only roiled global markets, but is shaking up international politics as well. Countries around the world are now struggling to understand exactly what the Trump administration is trying to achieve, how far it will go in terms of its political and economic isolationism, and how they should we respond. On this episode we speak with Wolf, the chief economics commentator for the Financial Times, about what Trump's reordering of global trade means for the world, how Europe and China might respond, and the origins of the US administration's economic discontent.
Read More:
Trump’s Tariffs and China Collide to Shock the $115 Trillion Global Economy
What’s Left of Globalization Without the US?
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Is Donald Trump Unwinding the Global Order?
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
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Donald Trump is attempting something no leader has done before—unwind the global economic order.
In this episode, Financial Times columnist and CNN analyst Rana Foroohar joins us to unpack Trump’s economic strategy, the unraveling of Bretton Woods, and whether America is becoming an emerging market.
From soaring bond yields to declining dollar strength, we explore what markets are signaling, how business leaders are reacting, and why this may mark the end of the neoliberal era.
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TIMESTAMPS
0:00 Intro
4:20 Trump Unwinding Global Order?
13:39 Emerging Market Paradigm
21:51 All-In Debate
26:22 Manufacturing Jobs
31:55 Trump Vibe Based President?
35:41 90-Day Tariff Pause Signal
38:41 Centralizing U.S. Supply Chain
40:54 Where Rana Finds Signal & Crypto
45:16 Closing & Disclaimers
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RESOURCES
Rana Foroohar
https://x.com/RanaForoohar
America the Unstable
https://www.ft.com/content/e7a0af16-6ecf-4e04-8fa3-4de5646e8d58
The Great Tariff Debate with David Sacks, Larry Summers, and Ezra Klein
https://youtu.be/KcmMOZKnKAk?si=52ZULN6T_xyirh23
Stephen Miran’s A User's Guide to Restructuring the Global Trading System
https://x.com/SteveMiran/status/1856745675943207362
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Unraveling of the Global Order? | Rana Foroohar
Donald Trump is attempting something no leader has done before—unwind the global economic order.
In this episode, Financial Times columnist and CNN analyst Rana Foroohar joins us to unpack Trump’s economic strategy, the unraveling of Bretton Woods, and whether America is becoming an emerging market.
From soaring bond yields to declining dollar strength, we explore what markets are signaling, how business leaders are reacting, and why this may mark the end of the neoliberal era.
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🌐SELF | PROVE YOURSELF
https://bankless.cc/Self
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🏦INFINEX | THE CRYPTO-EVERYTHING APP
https://bankless.cc/Infinex
------
TIMESTAMPS
0:00 Intro
4:20 Trump Unwinding Global Order?
13:39 Emerging Market Paradigm
21:51 All-In Debate
26:22 Manufacturing Jobs
31:55 Trump Vibe Based President?
35:41 90-Day Tariff Pause Signal
38:41 Centralizing U.S. Supply Chain
40:54 Where Rana Finds Signal & Crypto
45:16 Closing & Disclaimers
------
RESOURCES
Rana Foroohar
https://x.com/RanaForoohar
America the Unstable
https://www.ft.com/content/e7a0af16-6ecf-4e04-8fa3-4de5646e8d58
The Great Tariff Debate with David Sacks, Larry Summers, and Ezra Klein
https://youtu.be/KcmMOZKnKAk?si=52ZULN6T_xyirh23
Stephen Miran’s A User's Guide to Restructuring the Global Trading System
https://x.com/SteveMiran/status/1856745675943207362
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Setting Microservices Up for Success: Real-World Advice
Maintaining and ensuring the success of a microservice-based system can be challenging. Sarah Wells, a seasoned tech consultant with over 20 years of experience, offers valuable insights in her book "Enabling Microservices Success" and a discussion on The New Stack Makers podcast. Drawing from her tenure at the Financial Times (FT), Wells illustrates how transitioning to microservices and adopting DevOps and SRE practices enabled FT to accelerate software releases from 12 annually to over 20,000.
This transformation required merging IT organizations, investing in automation, and fostering team autonomy. Wells emphasizes that successful microservices adoption depends not only on developer expertise but also on organizational structures. She highlights the importance of continuous delivery and proactive communication, especially during critical periods like major news events. Additionally, she discusses the evolving roles of senior engineers and the need for flexibility in defining architectural responsibilities. Wells advocates for "engineering enablement" over "platform teams" to better support effective service management and evolution.
Learn more from The New Stack about enabling successful outcomes of microservices:
What Is Microservices Architecture?
4 Strategies for Migrating Monolithic Apps to Microservices
Continuous Improvement Metrics for Scaling Engineering Teams
Join our community of newsletter subscribers to stay on top of the news and at the top of your game. https://thenewstack.io/newsletter/
Why the Celsius Examiner Report Shows 'a Complete Disaster in Almost Every Way' - Ep. 451
Following the release of Celsius' examiner report, Kadhim Shubber, an investigative reporter at The Financial Times, dives into the controversial business practices of the lender, how the company inflated the CEL token, the use of customers' money, and much more.
Show highlights:
how Celsius used investors’ money to prop up the price of CEL
the reasons why Celsius inflated the CEL token
where the money to pay rewards to investors came from
blatant misstatements from Alex Mashinsky and how his team tried to cover him
how the company leveraged Bitcoin to fill the hole in its balance sheet
who was responsible for Celsius' shady business practices
Celsius' poor investment decisions
whether Mashinsky is at risk of facing criminal charges
Thank you to our sponsors!
Crypto.com
Guest
Kadhim:
Twitter
Links
Final report of Shoba Pillay, examiner
Financial Times: Crypto lender Celsius misused customer funds for years, examiner finds
Unchained: 7 Revelations From Celsius’ Examiner Report
CoinDesk: Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
The Block: Tether denies it borrowed $2B from Celsius, as described in court report
Blockchain News: Celsius' Official Creditor Committee Denies Rejected Bids
Ram Ahluwalia’s take on the Celsius bankruptcy examiner report
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How to Spot a Fraud When Everyone's Against You
'Markets can stay irrational for longer than you can stay solvent' is a classic maxim for investors, but it holds true for journalists too. In this episode, we speak with the Financial Times's Dan McCrum and Paul Murphy (Tracy's old boss) about their multi-year effort to expose fraud at Wirecard, a German payments giant that went spectacularly belly-up after billions of dollars were found to have gone missing. Dan, who's just written a book about his experience called "Money Men," explains how he first spotted problems at what was once described as "Europe's greatest fintech," and how hard it was to convince others of the truth. Rather than going after Wirecard itself, German authorities went after the journalists and short-sellers who were warning of the scheme.
See omnystudio.com/listener for privacy information.
Reporter Roundtable: Discussing Media Narratives and Tech Industry Attacks On The Press
When the Big Technology Podcast debuted last month, The Verge’s Casey Newton joined to talk about why people can’t stand the tech press. Our wide-ranging discussion explored how tech reporters should be more upfront about their values, how algorithms and social media reframe their work, and why some go astray in the quest for retweets. But there was more to discuss.
This week, three talented reporters—Bloomberg’s Eric Newcomer, the Financial Times’ Hannah Murphy, and OneZero’s Brian Merchant—join the show to pick up where Newton left off.
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The Financial Times, with Sarah Wells and Dimitar Terziev
Two years ago, Sarah Wells from the Financial Times gave a KubeCon EU keynote about how the company moved from monolith to microservices, and how her Content and Metadata platform team moved to Kubernetes specifically. She joins hosts Adam and Craig to recap that migration, and what life has been like since. As Sarah has moved to a broader role in charge of all observability for The FT, she also invited Dimitar Terziev, the current platform lead for the CM team, to the conversation.
Do you have something cool to share? Some questions? Let us know:
web: kubernetespodcast.com
mail: kubernetespodcast@google.com
twitter: @kubernetespod
Chatter of the week Duck eggs
Green onions
News of the week kube2hadoop from LinkedIn
Kubera from Mayadata Episode 56, with Evan Powell
Linkerd 2.8 Multi-cluster with Ambassador
Consul 1.8
Intro to Istio Ingress from Banzai Cloud
Cloudflow 2.0.0 Not the shoe
Google internships go virtual to help Open Source
Introducing the CNCF Technology Radar
CNCF SIG Observability Episode 37, with Richard Hartmann
Loft (and Reddit thread)
Jib 2.4 announcement and Jib extensions
Zerto for Kubernetes
AKS 2020-06-08 adds node image upgrade and application gateway ingress controller
Cloudera Data Platform for Private Clouds
Cloudbees introduces DoD compliant CI, now with a CtF to deploy into an environment with an ATO, which meets DISA STIG and NIST RMF security guidelines Episode 44, with Tracy Miranda
Microsoft discovers cryptojacking in Kubeflow clusters on Azure
Gokul Chandra writes up Anthos
Links from the interview Financial Times The pink pages
Subscriber stats
Coronavirus coverage The latest figures
John Burn-Murdoch
Added 50,000 subscribers since COVID-19
FT Crossword
KubeCon EU 2018 keynote: "Switching Horses Midstream: The Challenges of Migrating 150+ Microservices to Kubernetes" by Sarah Wells Schedule
Video
Slides
Monzo microservices graph
CoreOS Fleet
Innovation tokens: Choose Boring Technology by Dan McKinley
Dashing from Shopify
Sarah and Dimitar on Twitter
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