Smoke Signals for '24

With 340-odd days ahead, what are the smoke signals - good and bad - that you need to be aware of? Today we look forward, and make sense of the madness ahead of us in 2024.For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.comYou can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/More on Will Page at: https://pivotaleconomics.com(Times below correspond to the episode without considering any inserted advertisements.)Bubble Trouble: A Look at 2024's Economic Pitfalls and OpportunitiesIn this episode of Bubble Trouble, hosts Will Page and Richard Kramer discuss their outlook for 2024, examining potential economic headwinds and tailwinds. They predict turbulence ahead, citing macroeconomic swings, cutbacks in sectors like luxury goods, upcoming global elections, and changes in the tech landscape. They consider the potential impact of AI, particularly in the public sector, with potential benefits in education, health, and law. The hosts also discuss the uptake of Duolingo, reflecting on the broader success of apps that can maintain usage frequency.00:00 Introduction01:01 Part One01:26 The Impact of Economic Headwinds03:01 The Role of AI and Technology in the Economy04:23 The Impact of Job Cuts and Unemployment05:01 The Influence of Tech Companies on the Economy08:43 The Impact of Macro Swings and Uncertainties14:12 The Influence of Political Cycles on Economic Cycles20:25 Part Two 20:25 The Potential of AI in Transforming Public Services31:31 The Role of Drama in Influencing Public Opinion Hosted on Acast. See acast.com/privacy for more information.