Shows / Complex Systems with Patrick McKenzie (patio11)

Complex Systems with Patrick McKenzie (patio11)
We live in a world where our civilization and daily lives depend upon institutions, infrastructure, and technological substrates that are _complicated_ but not _unknowable_. Join Patrick McKenzie (patio11) as he discusses how decisions, technology, culture, and incentives shape our finance, technology, government, and more, with the people who built (and build) those Complex Systems.
Episodes
Complex Systems with Patrick McKenzie (patio11)Think like a trader, with Ricki Heicklen
Patrick McKenzie (patio11) is joined again by Ricki Heicklen to discuss the evolution of her trading education business, Arbor, one year after their first…
Complex Systems with Patrick McKenzie (patio11)Achieving results in the physical world, with Adam Jarvis of “Public Service”
Patrick McKenzie is joined by Adam Jarvis, author of the Public Service substack and a New Zealand civil engineer and public sector veteran. They discuss how…
Complex Systems with Patrick McKenzie (patio11)The AI infrastructure stack with Jennifer Li, a16z
In this episode, Patrick McKenzie (@patio11) is joined by Jennifer Li, a general partner at a16z investing in enterprise, infrastructure and AI. Jennifer…
Complex Systems with Patrick McKenzie (patio11)Getting better at LLMs, with Zvi Mowshowitz
In this episode, Patrick McKenzie (patio11) recorded with Zvi Mowshowitz (TheZvi) live at the LessOnline conference. They explore practical strategies for…
Complex Systems with Patrick McKenzie (patio11)Machine learning meets malware, with Caleb Fenton
Patrick McKenzie (patio11) discusses software reversing and AI's transformative impact on cybersecurity with Caleb Fenton, co-founder of Delphos Labs. They…
Complex Systems with Patrick McKenzie (patio11)How to negotiate your salary package
In this episode, Patrick McKenzie (patio11) revisits his widely-shared negotiation essay, which he notes may be the most impactful thing he's done in his…
Complex Systems with Patrick McKenzie (patio11)The capitalist's guide to podcasting, with Ross Rheingans-Yoo
In this episode, Patrick McKenzie (patio11) and returning guest Ross Rheingans-Yoo discuss the strategic advantages of starting a podcast, particularly for…
Complex Systems with Patrick McKenzie (patio11)Killing viruses with light, with Jacob Swett
In this episode, Patrick McKenzie (patio11) is joined by Jacob Swett of Blueprint Biosecurity to discuss far UVC technology - a specialized wavelength of UV…
Complex Systems with Patrick McKenzie (patio11)Life insurance and your money, with Zac Townsend
In this episode, Patrick McKenzie (patio11) is joined by Zac Townsend, a serial founder and CEO of Meanwhile, a fully regulated life insurance company…
Complex Systems with Patrick McKenzie (patio11)Fixing government technology, with Mikey Dickerson
In this episode, Patrick McKenzie (@patio11) is joined by Mikey Dickerson to discuss the complex realities behind government software projects. Mikey shares…
Complex Systems with Patrick McKenzie (patio11)Understanding and wielding power in local government, with Daniel Golliher
In this episode, Patrick McKenzie (@patio11) is joined by Daniel Golliher, founder of Maximum New York, to discuss the opaque mechanics of political power and…
Complex Systems with Patrick McKenzie (patio11)The AI energy bottleneck, with Tim Fist
In this episode, Patrick McKenzie (@patio11) is joined by Tim Fist, Director of Emerging Technologies at the Institute for Progress, to discuss how energy…
Complex Systems with Patrick McKenzie (patio11)Taking stablecoins seriously, with Haseeb Qureshi
In this episode, Patrick McKenzie (@patio11) is joined by Haseeb Qureshi, a managing partner at Dragonfly, a crypto-focused VC fund. They discuss the evolution…
Complex Systems with Patrick McKenzie (patio11)The past, present, and future of AI, with Stripe
Patrick McKenzie (patio11) is joined by Emily Sands, Head of Information at Stripe, to discuss how they leverage AI to process over $1.4 trillion annually…
Complex Systems with Patrick McKenzie (patio11)No, poor people aren’t funding your credit card rewards
In this episode, Patrick McKenzie (patio11) challenges a recent Atlantic article claiming that low-income cardholders subsidize credit card rewards through…
Complex Systems with Patrick McKenzie (patio11)Points, profits, and packed planes, with Gary Leff
Patrick McKenzie (patio11) is joined by Gary Leff, the author of "View from the Wing", to discuss the economic systems behind airlines and loyalty programs…
Complex Systems with Patrick McKenzie (patio11)Tax the dirt, with Lars Doucet & Greg Miller
Patrick McKenzie (patio11) is joined by Lars Doucet and Greg Miller, co-founders who have just launched the Center for Land Economics, to discuss improving…
Complex Systems with Patrick McKenzie (patio11)A tale of two Americas in one $50K cash withdrawal
Patrick McKenzie (patio11) explains the standard procedure for large withdrawals in bank branches, with particular focus on the viral story published in The…
Complex Systems with Patrick McKenzie (patio11)AI, data centers, and power economics, with Azeem Azhar
Patrick McKenzie (patio11) is joined by Azeem Azhar, writer of the Exponential View newsletter, to discuss the massive data center buildout powering AI and its…
Complex Systems with Patrick McKenzie (patio11)You can’t retract the facts
In this episode, Patrick McKenzie (@patio11) responds to a recent request by a crypto unicorn founder / bank CEO to retract his essay Debanking (and…
Complex Systems with Patrick McKenzie (patio11)Stablecoins and shenanigans, with Zeke Faux
In this episode, Patrick McKenzie (@patio11) is joined by Zeke Faux, investigative reporter at Bloomberg and author of Number Go Up, to discuss stablecoins and…
Complex Systems with Patrick McKenzie (patio11)Power plays: grid economics and engineering, with Travis Dauwalter
Patrick McKenzie (@patio11) is joined by Travis Dauwalter, energy enthusiast (and PhD), to explain the systems we often take for granted behind the US…
Complex Systems with Patrick McKenzie (patio11)The landmines buried in the fine print of Chicago’s new casino deal
In today’s episode Patrick McKenzie (@patio11) examines a Chicago casino investment, first of its kind within the city limits. Patrick reads from his Bits…
Complex Systems with Patrick McKenzie (patio11)The banking crisis, two years later
Patrick McKenzie (@patio11) revisits his March 2023 essay that explained the dynamics of bank runs and system stress during the banking crisis one month prior…
Complex Systems with Patrick McKenzie (patio11)Debanking explained
In this episode, Patrick McKenzie (@patio11) unpacks his 24k word essay Debanking (and Debunking?) originally published on Bits about Money. He discusses the…
Complex Systems with Patrick McKenzie (patio11)Retrospective on 2024, with Sammy Cottrell
In this special episode, Patrick McKenzie (@patio11) and his EA/producer Sammy Cottrell examine the production function behind Complex Systems, from studio…
Complex Systems with Patrick McKenzie (patio11)Seeing like an outsider, with Yatharth
In this episode, Yatharth (@askyatharth), a graduate student and software engineer, turns the tables to interview Patrick McKenzie (@patio11) about cultural…
Complex Systems with Patrick McKenzie (patio11)The future of pandemic preparedness, with Joshua Morrison
In this episode, Patrick McKenzie (patio11) is joined by Joshua Morrison, the CEO of advocacy non-profit 1Day Sooner. They discuss what worked and what didn't…
Complex Systems with Patrick McKenzie (patio11)How we tax property, with Lars Doucet
In this episode, Patrick McKenzie (patio11) and Lars Doucet, the author of Land is a Big Deal, discuss how cities determine your property's value and collect…
Complex Systems with Patrick McKenzie (patio11)Fraud levels are a policy choice
In this episode, Patrick McKenzie (patio11) offers a reading of his viral essay, "The optimal amount of fraud is non-zero" with extensive live commentary…
Complex Systems with Patrick McKenzie (patio11)AI, poker, and mind games, with Max Chiswick
Patrick McKenzie (patio11) is joined by Max Chiswick, a former professional poker player turned AI educator, to explore how poker intersects with decision…
Complex Systems with Patrick McKenzie (patio11)Boom, busts, and long term progress with Byrne Hobart
By popular demand, Patrick McKenzie (patio11) is joined by Byrne Hobart for a 3rd conversation to discuss Byrne’s book "Boom: Bubbles and the End of…
Complex Systems with Patrick McKenzie (patio11)How money moves, with Erik Torenberg
In this episode, Patrick McKenzie (patio11) is joined by Erik Torenberg, the founder of Turpentine, to discuss the fundamentals of money movement and banking…
Complex Systems with Patrick McKenzie (patio11)From molecule to medicine, with Ross Rheingans-Yoo
In this episode, Patrick McKenzie (patio11) is joined by Ross Rheingans-Yoo to discuss drug development and clinical trials. Ross breaks down how drugs…
Complex Systems with Patrick McKenzie (patio11)Picking Uncle Sam's pocket, with Jetson Leder-Luis
In this episode, Patrick McKenzie (patio11) is joined by economist and fraud researcher Professor Jetson Luis-Leder to examine the systemic issues underlying…
Complex Systems with Patrick McKenzie (patio11)How real estate investing works with Moses Kagan
In this episode, Patrick McKenzie (patio11) is joined by Moses Kagan, co-founder of Adaptive Realty, ReSeed, and Reconvene. Their deep dive into real estate…
Complex Systems with Patrick McKenzie (patio11)Telling the tech story
In this episode, Patrick McKenzie (patio11) and Erik Torenberg, investor and the media entrepreneur behind Turpentine, explore the evolving relationship…
Complex Systems with Patrick McKenzie (patio11)The hundred-year-old telegram worth $5 million, with Jim McKenzie
Patrick McKenzie (patio11) is joined by his father, Jim McKenzie, for an intimate and in depth exploration of commercial real estate development. They unravel…
Complex Systems with Patrick McKenzie (patio11)Bits, Bytes, and Burgers with Byrne Hobart
Patrick McKenzie (patio11) is joined again by Byrne Hobart, writer of The Diff, for a follow up conversation about “whales” – and so much more – across the…
Complex Systems with Patrick McKenzie (patio11)Decisions Nobody Made, policy edition, with Dave Guarino
In this episode of Complex Systems, Patrick McKenzie (aka @Patio11) is joined by Dave Guarino, a software engineer and policy wonk. They explore the…
Complex Systems with Patrick McKenzie (patio11)True Crime, banking edition
In this episode of Complex System, the tables are turned and media entrepreneur/investor Erik Torenberg interviews Patrick McKenzie (patio11) about the…
Complex Systems with Patrick McKenzie (patio11)That time we accidentally created national healthcare infrastructure, with Dave Kasten
In this episode, Patrick McKenzie (patio11) is joined by Dave Kasten, to discuss their experiences building VaccinateCA, a charitable effort that collected…
Complex Systems with Patrick McKenzie (patio11)The mad science of drilling the earth with Austin Vernon
Patrick McKenzie (patio11) is joined by Austin Vernon, a petroleum engineer, to discuss the technology and economics of fracking. Austin explains the evolution…
Complex Systems with Patrick McKenzie (patio11)Balancing control and chaos: cybernetics, fraud, and modern organizations with Dan Davies
In this episode, Patrick McKenzie (patio11) is joined by Dan Davies, author of Lying for Money, and The Unaccountability Machine. They discuss how…
Complex Systems with Patrick McKenzie (patio11)Energy economics and rocket science with Casey Handmer
Patrick McKenzie (patio11) is joined by Casey Handmer, rocket scientist turned CEO of Terraform Industries. Casey discusses the rapid advancements in solar…
Complex Systems with Patrick McKenzie (patio11)Bet on it: Zvi Mowshowitz on professional gambling, trading, and AI futures
In this episode, Patrick McKenzie (patio11) is joined by Zvi Mowshowitz (TheZvi) to discuss his wide-ranging career as a professional Magic: The Gathering…
Complex Systems with Patrick McKenzie (patio11)Betting on the future via prediction markets, with Stephen Grugett of Manifold
In this episode, Patrick McKenzie (patio11) is joined by Stephen Grugett, a co-founder of Manifold, to discuss prediction markets. They cover how prediction…
Complex Systems with Patrick McKenzie (patio11)Reporting on tech with Kelsey Piper
Patrick McKenzie (patio11) is joined by Kelsey Piper, a journalist for Vox’s Future Perfect. Kelsey recently reported on equity irregularities at OpenAI in May…
Complex Systems with Patrick McKenzie (patio11)Writing the first draft of financial history with Byrne Hobart
Patrick McKenzie (patio11) is joined by Byrne Hobart to discuss Byrne’s vantage point as writer of The Diff, a tech and finance newsletter. Byrne explains the…
Complex Systems with Patrick McKenzie (patio11)How the Smart Money teaches trading with Ricki Heicklen
Patrick McKenzie (patio11) and Ricki Heicklen discuss Ricki’s innovative approaches to teaching trading. Trading is traditionally taught only by practitioners…