He used to steal bikes — and it was easy episode artwork

EPISODE · Feb 13, 2026 · 28 MIN

He used to steal bikes — and it was easy

from Cost of Living

Back in the day, bike thieves could snip through cheap cable locks, but they were stymied by the more expensive U-locks. Not anymore. An ex-thief explains how one power tool has made it way easier to take off with your fixie. Also, how AI chatbots are levelling the playing field when it comes to dealing with experts. And we talk to Peter Nowak, the journalist behind a new Substack focusing on monopolies and oligopolies.

Back in the day, bike thieves could snip through cheap cable locks, but they were stymied by the more expensive U-locks. Not anymore. An ex-thief explains how one power tool has made it way easier to take off with your fixie. Also, how AI chatbots are levelling the playing field when it comes to dealing with experts. And we talk to Peter Nowak, the journalist behind a new Substack focusing on monopolies and oligopolies.

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He used to steal bikes — and it was easy

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This episode is 28 minutes long.

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This episode was published on February 13, 2026.

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Back in the day, bike thieves could snip through cheap cable locks, but they were stymied by the more expensive U-locks. Not anymore. An ex-thief explains how one power tool has made it way easier to take off with your fixie. Also, how AI chatbots...

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