The James Altucher Show

"I thought I was a joke or a test!"Douglas Rushkoff was led into a room at a desert resort where five mysterious billionaires awaited him. They peppered the media theorist and author with binary questions: Bitcoin or Ethereum? Virtual reality or augmented reality? Alaska or New Zealand?This experience sets the stage for Douglas's newest book, Survival of the Richest: Escape Fantasies of the Tech Billionaires, which focuses on "The Mindset, a Silicon Valley-style certainty that they and their cohort can break the laws of physics, economics, and morality to escape a disaster of their own making—as long as they have enough money and the right technology."*Today's episode explores the derivative and meta focus of today's financial and technology industry, so much so that the New York Stock Exchange has been purchased by a derivates exchange and Facebook has changed its holding company's name to Meta.Additional Topics Include: Why Alphabet will survive and Meta will fail (05:18)Will new technologies replace human