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The Invisible Hand's Visible Swarm

The Invisible Hand's Visible Swarm

From"Age of Miracles"


The Invisible Hand's Visible Swarm

From"Age of Miracles"

ratings:
Length:
26 minutes
Released:
Apr 19, 2022
Format:
Podcast episode

Description

When Adam Smith began writing about an invisible hand, a metaphor for the market’s self-correcting mechanisms, in 1759, the world was very local, and information moved at a more leisurely pace. Today, though, information zips around the world instantly, the talent pool is becoming more liquid and global, venture capital has more money to deploy than ever before, and the scope of the world’s ambitions are getting bigger. Ideally, all of this combines into one big matching engine that puts the right people and capital to the right problems.
How does the swarm know what to attack? Packy explains entrepreneurship through his concept of The Visible Swarm.

This audio essay is sponsored by Masterworks. 

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Released:
Apr 19, 2022
Format:
Podcast episode

Titles in the series (100)

A narrative show that explores the complex industries that will play an important role in creating an abundant future for humanity. Every season, host Packy McCormick – a venture investor and writer of the popular Not Boring newsletter – brings in an expert cohost to go deep into the possibilities and challenges of making “sci-fi” dreams our reality in our lifetimes. The first season starts at the root of all progress and prosperity: unlocking 10x more clean and reliable energy by splitting and fusing atoms themselves.