In this episode, Byrne Hobart and Erik Torenberg discuss how technological changes influence markets and business adaptability. They explore the dynamics and challenges of e-commerce roll-ups, the unique economic incentives of large platforms like Facebook and Google, the complexities of content moderation on social media platforms, and social securities' future liabilities and taxes.---This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.---SPONSOR: BRAVEGet first-party targeting with Brave's private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign.---LINKS:Byrne’s writing: thediff.co---X / TWITTER:@eriktorenberg (Erik)@byrnehobart (Byrne)@turpentinemedia (Turpentine)---TIMESTAMPS:(00:00) Intro(00:23) Exploring E-Commerce Roll-Ups and the Amazon Model(07:13) Big Platforms and User Dynamics(10:52) Sponsor: Turpentine | Brave(12:41) The Never-Ending Challenge of Content Moderation(20:33) How AI Could Transform Advertising(29:53) Decoding the Economics of Facebook Marketplace(36:47) Understanding Shrinkflation and Its Impact on Inflation Measurement(45:46) The Future of Social Security: A Mark-to-Market Proposal(55:11) Wrap This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit theriffpodcast.substack.com