From salmon leaping along the Vancouver Island coast to fake bands on Spotify, this episode explores the divide between the physical and digital economy, and what lumber markets, managed forests, and everyday life teach us about staying connected to the real.

Topics covered include:

How timber investing works and why it is reflective of how industries evolve
What percent of economic output is physical versus digital, and how has that changed over the past fifty years
How households spend their leisure time
Why live events stand out in an AI-infested world
Does it matter if ad images, videos, and podcasts are fake?
Why we need to stay connected to the real

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Show Notes

Lumber Prices Are Flashing a Warning Sign for the U.S. Economy by Ryan Dezember—The Wall Street Journal

Lumber Price—Trading Economics

J.Crew used A.I. to counterfeit their own vibes—Blackbird Spylane

American Time Use Survey Summary—U.S. Bureau of Labor Statistics

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535: Six Principles for Thriving Under Uncertainty and How Big Tech Is Doing the Opposite

531: Will AI Wipe Out Half of White Collar Jobs or Is There an AI Bubble?

60: Are You Hoarding Or Investing?

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Forests, Fakes, and the Fight for the Real

Money For the Rest of Us