E85: Analyzing Everything with Byrne Hobart and Patrick McKenzie

"Upstream" with Erik Torenberg

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This week on Upstream, we’re releasing a conversation between Patrick McKenzie and Byrne Hobart where they navigate the compelling terrains of in-app purchases and restaurant economics. They dive into the monetization strategies of video games and the influence of food delivery platforms like DoorDash on pricing and menu designs and explore the bridge between finance, technology, and human behavior through airport currency exchange models and the emerging role of AI in economic data processing.

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🎙️Complex Systems with Patrick McKenzie

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🎙️The Riff with Byrne Hobart and Erik Torenberg

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Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt?si=fa34868d46b94584

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LINKS:

Bits About Money: https://www.bitsaboutmoney.com/

The Diff: https://thediff.co/

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X / TWITTER:

https://twitter.com/byrnehobart

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TIMESTAMPS:

(00:00) Intro

(01:05) The economics of in-app purchases

(04:45) Understanding consumer behavior in gaming

(07:52) The role of high spenders in the gaming industry

(20:48) Bespoke software and high-end customization

(24:14) Sponsors: Notion | Squad

(28:04) The evolution of restaurant websites

(35:27) The future of delivery apps and restaurant economics

(43:39) The economics of portion sizes

(45:24) Restaurant groups and concepts

(48:44) The role of certainty in dining

(49:09) Business meals and social signals

(51:18) The evolution of fast food

(55:03) The tech cafeteria phenomenon

(01:02:43) The power of written records

(01:06:31) Exploring ai and memory

(01:13:58) The future of search and ai

(01:25:10) Wrap

100 episodes

#Tech #News #Tech News #Erik Torenberg