Risky Business with Nate Silver and Maria Konnikova

ChatGPT is amazing at many things…but it can’t seem to figure out poker. Nate and Maria explain why, and talk about the implications for artificial general intelligence. Plus, they discuss Trump vs. Harvard, round two. Further Reading: Silver Bulletin: ChatGPT Is Shockingly Bad at Poker Harvard Derangement Syndrome, by Steven Pinker For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

We tend to use logic to reach conclusions that agree with our biases. Psychologists call this motivated reasoning. Today, Nate and Maria talk about motivated reasoning in the Biden campaign and Silicon Valley. Also: Conspiracy theories and the NBA draft. Further Reading: Fight: Inside the Wildest Battle for the White House Original Sin: President Biden’s Decline, Its Cover Up, and His Disastrous Choice to Run Again Elizabeth Holmes’ Partner Has a New Blood-Testing Startup The Mavs’ Cooper Flagg lottery miracle fuels conspiracy theories – and hope For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

Nate and Maria revisit their conclave predictions, and discuss Maria’s recent win in Monte Carlo. Then the talk about college students’ rampant use of ChatGPT to cheat on assignments, and how colleges and professors might be able to catch up. Further Reading: From New York Magazine: Everyone Is Cheating Their Way Through College For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

Nate and Maria interview former professional poker player Vanessa Selbst—the only woman ever to reach the number one ranking on the Global Poker Index. They discuss her experiences playing poker and her move into the world of finance (she now works for Jane Street Capital). They also discuss why, at her first job in finance, she kept a giant bag of pennies underneath her desk. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

The next pope will be chosen through a ritualized process involving secret ballots, smoke signals, and a lock-in at the Sistine Chapel. Nate and Maria talk about how the papal conclave works, and what it has to teach us about group decision-making and the dynamics of secrecy. They also discuss the studio deal for the new movie Sinners, and share their own top negotiating tips. Plus, they play a game of Would You Rather. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

This week, Nate and Maria talk about the Trump administration’s deportation of Kilmar Abrego Garcia without due process. The stakes are high–but immigration is a stronger issue for Trump in the court of public opinion than tariffs were. Picking a fight with Harvard may also be good politics for the administration. So: how should Democrats, and other anti-Trump forces, respond? Further Reading: What if There’s No Way to Stop Trump’s Approach to Power? from Ross Douthat at the New York Times Nate’s Silver Bulletin post about the Kilmar Abrego Garcia case For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

This week, Nate and Maria discuss AI 2027, a new report from the AI Futures Project that lays out some pretty doom-y scenarios for our near-term AI future. They talk about how likely humans are to be misled by rogue AI, and whether current conflicts between the US and China will affect the way this all unfolds. Plus, Nate talks about the feedback he gave the AI 2027 writers after reading an early draft of their forecast, and reveals what he sees as the report’s central flaw. The AI Futures Project’s AI 2027 scenario: https://ai-2027.com/ For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

Nate and Maria discuss Trump’s latest round of tariffs. What is the strategy here, if any? What should other decision-makers – like Elon Musk or the United States’ Congress – do to intervene? And how should the average American react? For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

This week – after a quick check in on their March Madness brackets – Nate and Maria discuss Trump’s showdown with the Ivy League. Should schools like Harvard and Columbia do more to stand up to the President’s demands? Then they turn to 23andMe, which has declared bankruptcy. They discuss privacy and whether it’s okay to swap your biometric data for more convenience at the airport. Last but not least, they tackle the question of how to properly value your time. Further Reading: Kashmir Hill’s Your Face Belongs To Us Sendhil Mullianathan’s research on time poverty For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

This week, Nate and Maria discuss The Atlantic’s bombshell report about how its top editor was added to a national security group chat, and get into why the most major security risk is never technology–it’s always people. Then, they give an update on their March Madness bracket contest, and try to figure out why on earth players have to wait until they’re 22 to join the WNBA. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

This week, Nate and Maria talk college basketball. Nate explains how he made his recently-released March Madness model. Then, they compare their tournament brackets. Maria gets some help from Sacramento Kings GM Monte McNair, but also makes one bracket entirely based on vibes. Nate mostly sticks to his model, but makes a few surprising picks. Check out Maria’s brackets here. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin: pushkin.fm/plus See omnystudio.com/listener for privacy information.

Last week, Nate and Maria talked about the game theory of American diplomacy right now. This week, they look at it from the perspective of America’s biggest rival: China. How should China respond as the US turns away from the global stage? What new opportunities do they have? Plus, both hosts weigh in on the poker controversy surrounding a recent big win… that was actually a loss. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: apple.co/pushkin Subscribe on Pushkin.fm: pushkin.fm/plus See omnystudio.com/listener for privacy information.

This week, Nate and Maria discuss Trump’s tariffs and analyze his strategy from a game theory perspective. They get into the difference between zero-sum and cooperative games, speculate on how Trump would act in the dictator game, and discuss the rationality of revenge. Then, they talk about the reboot of the infamous Fyre Festival, and why con artists so rarely reform. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

This week, Nate and Maria discuss the asteroid that had a 3% chance of colliding with Earth. That risk is now closer to 0%—but, what does this example reveal about how to consider extremely costly events that are fairly unlikely to come to pass? Then, they touch on the latest World Series of Poker drama and challenge each other to a game of Roshambo. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

This week, Maria speaks with trust expert Rachel Botsman about her new audiobook How To Trust and Be Trusted. What is trust? Why, even in the face of overwhelming evidence, do we sometimes trust the wrong people? And what can a luxury hotel teach us about how to repair a trust that’s been broken? And – for Pushkin+ subscribers – Nate and Maria answer a listener question about learning to feel the difference between probabilities. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

Amid a maelstrom of executive orders and other presidential actions, Nate and Maria discuss best practices for staying focused on the important things. They also give their takes on what those important things are. And, they follow up on their Super Bowl prop bet – were there tears during the National Anthem? (They disagree – weigh in below.) Plus, Nate updates us on his housing search, and Pushkin+ subscribers get advice about how to pick a doctor. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

Our intuitive risk assessments can be way off–we’re too scared of hijackings, and not scared enough of crossing the street. This week, Nate and Maria discuss the real risks of plane travel, and of drinking alcohol. Then, they debate whether the sharp money is on heads or tails in the Super Bowl coin toss, and make a very serious bet about whether the national anthem will move any players or coaches to tears. Plus, Nate and Maria answer a listener question about the value of betting on underdogs for Pushkin+ subscribers. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

In the wake of DeepSeek’s explosive entrance into the AI chatbot world, Nate and Maria talk AI strategy. At the national level and the personal level, what benefits does this technology actually have – and is it worth it? Plus, we tackle a question from listener Hugh about how to win big at his friendly, amateur poker night. Good luck, Hugh! For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

What do the decisions Trump has made so far tell us about his strategy for his second term? And what strategic options do the Democrats have? Nate and Maria talk birthright citizenship, tech CEOs, memecoins, and pardons. And, Nate and Maria answer a listener question about the status of their driver’s licenses. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

Nate and Maria discuss the California wildfires. How do incentives in insurance markets drive decisions by homeowners – and by insurers? What’s the best way to make rational decisions about the disaster risks we all face? And they discuss a question from listener JM who asks what happens when the River and the Village mix it up in Washington? Further Reading: Colm Toíbin on the loss of Gary Indiana’s personal library in the Palisades fire An overview of California’s insurance issues from the WSJ For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.