Patrick McKenzie (patio11) podcast on technology, finance, and systems thinking.

We publish episodes weekly on Thursdays.
Full transcripts included.

Complex Systems

Latest Episodes

⁠⁠The $900 million wire that wasn't final

⁠⁠The $900 million wire that wasn't final
Why banks pay you to use their credit cards

Why banks pay you to use their credit cards
Stranded? Who pays when air travel breaks

Stranded? Who pays when air travel breaks
Forced vacations are a fraud control

Forced vacations are a fraud control
Everyone wants to be your wallet

Everyone wants to be your wallet
How AI detection actually works, with Pangram’s Max Spero

How AI detection actually works, with Pangram’s Max Spero