Ep19 - Principal-Agent Problem: All about Incentives

Do autonomous cars have underlying network effects? In this episode, your host, Mayur Ghatge does a thought experiment to see if there is an underlying network effect that'll decide who will win the market of autonomous vehicles. Quick LinksGet Embed PlayerDownload Audio File

Autonomous cars need to learn a lot from its makers. In this episode, we'll compare how a human brain works and what autonomous cars need to learn from the smartest species on the planet!

Ever wondered how peek-a-boo cracks kids up every single time? How are we using the science behind peek-a-boo in our everyday life? Tune into this episode to know more.

There is a need to look at the future world driven by autonomous cars from the lens of moral philosophy. This episode takes the famous trolley problem from a mere thought experiment and applies to the real life situations for self driving cars.

Social media, Bitcoins, Successful tech companies, English language, Major start-up hubs are all run by an underlying network effect. This episode talks about the fundamentals of network effects and how it governs our life.

Our life is all about choices we make at every decision crossroad we come at. This episode looks into the the popular backstories of Batman and Joker to see how a person can evolve into a hero or a villain from the decision he/she makes at each such crucial crossroad.

Following from Episode 18, which discussed Nick Bostrom's simulation argument, this episode looks at the the simulation hypothesis through a scientific lens. It uses the arguments given by David Deutsch in his book, "The Beginning of Infinity", to counter argue the entire creation theory / simulation hypothesis.

This episode talks about the importance of incentives in human decision making. It dives into the principal-agent problem and its importance in the world of business and our daily life.

In this episode, your host, Mayur Ghatge thinks out loud on the possibility of we being in a simulation. He discusses 3 propositions given by Nick Bostrom in his simulation argument to go into all the possibilities of we being in a simulation or not. Cheers!

In this episode, your host talks about how the intolerant minorities are able to eventually get what they want. He talks about the "Minority Rule" from Nasim Nicholas Taleb's book, Skin in the Game, applicability of this rule in our real world, where this rule fails, and how should the flexible majority go about dealing with the minority.