What Next: TBD

Why Everyone Is Freaking Out About Private Credit

It’s fueling the A.I. bubble, it’s coming to your retirement portfolio—and it’s flashing a lot of warning signs right now.

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Episode Notes

In the wake of the 2008 financial crisis, private credit or “shadow banking” grew as an alternative to the regulations and shared risk that institutional banks operate within. What happens if a crisis hits the trillions of dollars that are outside of those guardrails? We may be about to find out.

Guest: Tracy Alloway, co-host of Bloomberg’s Odd Lots podcast.

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Podcast production by Evan Campbell, and Patrick Fort.

Bonus Episode

The Discourse | Baseball’s A.I. Umpires

The MLB’s automated ball-strike system is in full swing this season. How will it change America’s pastime?

About the Show

Every Friday, Slate’s popular daily news podcast What Next brings you TBD, a clear-eyed look into the future. From fake news to fake meat, algorithms to augmented reality, Lizzie O’Leary is your guide to the tech industry and the world it’s creating for us to live in.

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Host

  • Lizzie O’Leary is the host of What Next: TBD, Slate’s show about technology, power, and the future. Previously, she created and hosted Marketplace Weekend. She has reported for CNN, Bloomberg News, and the New York Times Magazine, among others. She is also a contributing writer at the Atlantic.