E140: LK-99, Sclerotic establishments, Fitch downgrades US debt, Trump indicted... again
- Aug 4, 2023
- 1:29:56
- Full Episode
(0:00) Bestie intros! (0:53) LK-99 breakdown (24:39) Funding landscape for breakthrough science, sclerotic establishments, boomer incumbents (46:04) Fitch downgrades US debt rating (1:09:12) Trump's newest indictment
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Intro Video Credit: https://twitter.com/TheZachEffect
Referenced in the show: https://arxiv.org/ftp/arxiv/papers/2307/2307.12008.pdf https://arxiv.org/pdf/2307.12037.pdf https://manifold.markets/QuantumObserver/will-the-lk99-room-temp-ambient-pre?r=RWxpZXplcll1ZGtvd3NreQ https://twitter.com/667keos/status/1686490898480173056 https://twitter.com/iris_IGB/status/1685731177523449856 https://twitter.com/VCBrags/status/1684591950387716097 https://stanforddaily.com/2023/07/19/stanford-president-resigns-over-manipulated-research-will-retract-at-least-3-papers https://www.socialcapital.com/ideas/2021-annual-letter https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)30418-9/fulltext https://www.bloomberg.com/news/articles/2023-07-24/sam-altman-valley-vcs-bet-48-million-on-blood-testing-startup https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023 https://www.npr.org/2023/08/02/1178215888/fitch-downgrade-credit-rating-deficits-debt-economy https://twitter.com/BillAckman/status/1686906272937869312 https://home.treasury.gov/news/press-releases/jy1670 https://www.washingtonpost.com/business/2023/07/22/gop-social-security-trump-rivals-cuts https://www.commondreams.org/news/republicans-cut-social-security https://sgp.fas.org/crs/misc/RS22331.pdf https://fred.stlouisfed.org/series/MORTGAGE30US https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/JTSJOL https://apnews.com/trump-election-2020-indictment https://apnews.com/article/trump-indicted-jan-6-investigation-special-counsel-debb59bb7a4d9f93f7e2dace01feccdc https://projects.fivethirtyeight.com/polls/president-primary-r/2024/national https://www.reuters.com/world/us/new-defendant-added-trump-classified-documents-case-court-papers-2023-07-27 https://www.nytimes.com/2023/08/03/briefing/trump-indictment.html https://twitter.com/mtracey/status/1686843918317486081
Brief Summary
The episode discusses room temperature superconductors, Trump's indictments, and U.S. fiscal policy challenges.
Key points
- Global Optimism in Science. For the first time, scientists worldwide are united in excitement over a potential breakthrough.
- Room Temperature Superconductor Discovery. A breakthrough in superconductivity could lead to revolutionary applications and energy savings.
- The Search for Superconductors. Researchers are looking for materials that can conduct electricity with zero resistance, but challenges remain.
- The Future of Innovation. There's a growing optimism about breakthroughs in material science and their potential impact on the world.
- The Challenge of Academia. Concerns are raised about the integrity of research in academia and the pressure to produce results.
- Generational Shift Needed. A call for a change in leadership to break the cycle of stagnation in academia.
Episode highlights
- Global Optimism in ScienceFor the first time, scientists worldwide are united in excitement over a potential breakthrough.“This is the first time I've seen so many people share a unified voice about optimism.”2:47Aug 4, 2023
- Room Temperature Superconductor DiscoveryA breakthrough in superconductivity could lead to revolutionary applications and energy savings.“Oh my God, it's room temperature superconductor!”10:58Aug 4, 2023
- The Search for SuperconductorsResearchers are looking for materials that can conduct electricity with zero resistance, but challenges remain.“No one's yet replicated this at room temperature.”20:33Aug 4, 2023
- The Future of InnovationThere's a growing optimism about breakthroughs in material science and their potential impact on the world.“If this happens, we're all gonna be chilling on the beach!”24:28Aug 4, 2023
- The Challenge of AcademiaConcerns are raised about the integrity of research in academia and the pressure to produce results.“How much of the work being done in Academia is basically bogus?”34:16Aug 4, 2023
- Generational Shift NeededA call for a change in leadership to break the cycle of stagnation in academia.“We are in desperate need of a generational shift of power.”45:45Aug 4, 2023
- Fitch Downgrade ImpactDiscussion on the implications of Fitch downgrading the US's long-term debt rating.“The rating agency downgraded the US's long-term debt by one notch from AAA to AA Plus.”47:18Aug 4, 2023
- Economic Insights on U.S. TreasuriesDiscussion on the decline of foreign holdings in U.S. treasuries and its implications.“We're having to pick up the slack through investment funds held by the U.S.”1:02:45Aug 4, 2023
