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The Social Leverage Letter | Issue #208

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2 articles & 1 video

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READING

OpenAI’s Sora 2 lets anyone create studio-quality AI videos, reshaping social media and creator discovery. For comedians, it’s both a threat and an opportunity—flooding feeds with AI content that makes visibility harder, but also offering new, low-cost ways to promote shows. Industry leaders like Punchup Live’s (Fund IV) Danny Frenkel call it AI’s “iPhone moment,” pushing comics to build direct relationships with fans beyond traditional platforms.

Howard Lindzon’s Degenerate Economy Index—tracking companies that power speculation, from Robinhood and Coinbase to Nvidia and DraftKings—has surged 130% since 2023, far outpacing traditional benchmarks. The index reflects a world where investing has merged with entertainment, and the infrastructure of speculation—mobile trading, crypto, and social media—profits regardless of who wins or loses. Critics see moral hazards and “casino-ification,” but Lindzon argues the trend is structural, not temporary, as speculation becomes a defining feature of modern markets.

WATCHING

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