Plain English with Derek Thompson

For the past few years, Silicon Valley executives and economists have warned that artificial intelligence could wipe out millions of jobs. Some companies have even blamed AI for layoffs. But what if the AI job apocalypse isn’t actually happening? Today, Derek talks to economist Alex Imas about the growing gap between the rhetoric around AI-related job loss and the facts. Despite widespread fears of mass unemployment, surveys show most executives expect AI to create jobs or have little impact on hiring. Even employment in software engineering (one of the fields thought to be most vulnerable to AI) continues to grow. Derek and Alex discuss why automation fears persist despite contradictory evidence, the history of technological disruption, and why AI may not be destroying work as much as it is simply redirecting us toward entirely new industries and opportunities. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Alex Imas Producer: Devon Baroldi Additional Production Support: Ben Glicksman Visit https://www.uber.com/safety to learn more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

America is richer than ever. Unemployment is low. Wages are high. According to traditional metrics, the economy looks strong. So why are Americans feeling so bad? Today, Derek talks with bestselling author Morgan Housel and journalist David Wallace-Wells about what Derek calls the “Tragic Twenties”: the strange and sudden collapse in American happiness that began during COVID and never really stopped. What's behind the country’s emotional downturn? Inflation and the lingering psychological effects of the pandemic are certainly part of the story. But so are collapsing trust in institutions, rising social isolation, the negativity feedback loop of social media, and the feeling that we’re living through one crisis after another. Derek, Morgan, and David unpack why the wealthiest society in history still feels deeply adrift and what this happiness recession says about the future of American life. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek ThompsonGuests: Morgan Housel and Derek Wallace-WellsProducer: Devon BaroldiAdditional Production Support: Ben Glicksman Links: https://www.derekthompson.org/p/if-americas-so-rich-howd-it-get-so Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hard to detect and almost impossible to treat, pancreatic cancer has long been one of medicine’s most ruthless killers. For decades, it’s been the cancer that science couldn’t crack. But that might be starting to change. Recently, cancer researchers have announced a series of breakthroughs that, taken together, sound almost too good to be true: a drug that targets the “undruggable” gene behind most pancreatic tumors, a personalized mRNA vaccine that teaches the immune system to recognize pancreatic cancer as an enemy, and, now, an AI program that can spot the elusive disease years before doctors typically find it. So is this breakthrough a real turning point? Or another case of medical hype outrunning reality? On today’s episode, Dr. Ajit Goenka of the Mayo Clinic joins Derek to walk through the science behind the latest advances in cancer detection and what they could mean for the future of health care. They discuss Dr. Goenka’s new research using artificial intelligence to detect pancreatic cancer earlier than ever before … and whether machines might soon see what doctors can’t. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Dr. Ajit Goenka Producer: Devon Baroldi Additional Production Support: Ben Glicksman Learn more about your ad choices. Visit podcastchoices.com/adchoices

Freedom is one of the few ideas everyone agrees on. Surely more choice and autonomy is a good thing, right? But what if our endless pursuit of freedom is actually making us more anxious, less creative, and holding us back from reaching our full potential?Today, Derek Thompson talks with bestselling author David Epstein about the surprising upside of constraints. After arguing for breadth in 'Range,' Epstein’s new book, 'Inside the Box,' makes the opposite case: that limits and rules can actually unlock creativity and satisfaction. They explore why more options don’t always make us happier, and how too many possibilities can lead to paralysis.As Søren Kierkegaard warned, anxiety may be the price of too much freedom. It’s the dizziness that comes from keeping every option open. So in a world obsessed with maximizing choice and opening doors, this episode makes the case for something radical: closing some. Subscribe to our YouTube channel here: Plain English with Derek Thompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: David Epstein Producer: Devon Baroldi Additional Production Support: Ben Glicksman Learn more about your ad choices. Visit podcastchoices.com/adchoices

For nearly a decade, critics have predicted that this would be the moment Trumpism finally fractures - January 6, the overturning of Roe v. Wade, endless internal feuds, even Trump’s online beef with Pope Leo. And yet the movement endures. Derek is joined by Ross Douthat to unpack the contradictory coalition Trump has built: Christian conservatives who overlook increasingly pagan behavior, anti-establishment populists who embrace strongman bullying, MAHA health obsessives that ignore their leader's diet of exclusively processed food … What holds this movement together and could the Iran War finally tear it apart? Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Ross Douthat Producer: Devon Baroldi Additional Production Support: Ben Glicksman Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hollywood is in the middle of a triple crisis. You can measure it in tickets, jobs, and ideas. Start with tickets. The best year for the movie business this century was 2002, when Americans and Canadians bought 1.6 billion tickets, or about five per person. Last year, Americans bought half that number. Eighty years ago, the typical American went to the movies twice a month. Now they go about twice a year. Then there are the jobs. Studios are making fewer movies and shows than they did just a few years ago, and the projects they green-light are increasingly shot overseas, where governments hand out generous subsidies. According to The Wall Street Journal, employment in Hollywood has fallen 30 percent since 2022 across the hundreds of trades—actors, carpenters—that make film and television possible. And then there's the creativity problem. It's not just that studios keep reheating 20th-century IP. The stars are getting older, too. Among the 14 most important movie stars of this decade, the average age is 57. Half are over 60. None is under 45. Even many of Gen Z's favorite movie stars—the Rock, Ryan Reynolds, Tom Cruise, Brad Pitt, Denzel Washington—had hit films before Gen Z was born. Today's guest is Sean Fennessey, host of The Ringer's The Big Picture and author of the new Substack Projections. In an essay published this week, Sean argues that all the gloom is missing something real: Attendance is perking up, young stars are breaking through, and the auteurs we've followed for 20 years are ascending to the center of the culture. Today, Sean and Derek talk about the new rules of Hollywood and what they tell us about the changing winds of American culture. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Sean Fennessey Producer: Devon Baroldi Additional Production Support: Ben Glicksman Learn more about your ad choices. Visit podcastchoices.com/adchoices

Two weeks ago, Anthropic announced an AI model so capable and so dangerous that it decided not to release it to the public. The model, codenamed Mythos, could autonomously infiltrate computer systems around the world, exploit security vulnerabilities, conceal its own reasoning, and fabricate false explanations for what it was doing. Anthropic instead shared it with a small consortium of companies to help them find their own cybersecurity flaws. You could be forgiven for some skepticism. Is this a genuine safety call, or Anthropic’s way of marketing its own power? But independent benchmarks suggest Mythos is real: On the Epoch Capabilities Index, which aggregates 40 separate AI evaluations, it represents the biggest single leap in model performance in three years. That story is one of two major phase shifts happening simultaneously in AI right now. The first: from racing to release, to treating your own product as too dangerous to publish. The second: from a story about demand scarcity—is anyone actually paying for this stuff?—to supply scarcity, where companies are spending hundreds of thousands of dollars a month on AI agents and the hyperscalers still can’t keep up. Today’s guest is New York Times columnist and Hard Fork co-host Kevin Roose. We talk about Mythos, China, the road to AGI, and why the last few weeks might be the most consequential month in AI since the release of ChatGPT. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Kevin Roose Producer: Devon Baroldi Additional Production Support: Ben Glicksman Learn more about your ad choices. Visit podcastchoices.com/adchoices

The two biggest stories in the world right now—the war involving Iran and the rise of artificial intelligence—are, at their core, the same story: energy. The Iran conflict has become a war of competing energy blockades, with Iran squeezing American allies and America squeezing Iran. And AI is its own energy arms race, with tech companies scrambling not just for customers but for supply—chips, electricity, and data center capacity. What does it mean when every major story leads back to energy? Derek talks with energy analyst Nat Bullard about a world where power, in every sense of the word, is the thing everyone is fighting over. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Nat Bullard Producer: Devon Baroldi Link: https://www.nathanielbullard.com/presentations Learn more about your ad choices. Visit podcastchoices.com/adchoices

Something weird is going on with the elevated unemployment rate for young people today, but no one knows what exactly it is. For the last year, as the unemployment rate for recent college graduates has crept up ominously, one of the questions I’ve reported more deeply than any other is: Is AI replacing young workers’ jobs? To make a long story short: I initially thought yes, then some economists convinced me the answer was no, then some other economists convinced me the answer was yes, then some other people convinced me the answer was no. Clear as mud. Today’s guest is Rogé Karma. He’s a staff writer at The Atlantic, where he writes about economics. We talk about the labor market for new hires, why young college graduates are so miserable, and why economic vibes are worth paying attention to, even if the official statistics are pointing in another direction. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Rogé Karma Producer: Devon Baroldi Links:https://www.theatlantic.com/category/work-progress/ https://www.theatlantic.com/economy/2026/04/job-market-artificial-intelligence/686659/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Perhaps you’ve heard the news: The U.S. is experiencing a religious revival, and it’s concentrated among young people, who are flocking back to the fold. The Economist announced that “the West has stopped losing its religion.” The Washington Post declared that “Catholicism is drawing in Gen Z men.” This is shocking news. Since the 1990s, the share of Americans who say they have no religious affiliation has been skyrocketing. A reversal would be historic. But today’s guest, Ryan Burge, tells us that the secular pause in America is much stranger than it looks. Ryan is the author of the sensational Substack Graphs About Religion, which is full of beautiful graphs about religion. So today’s episode will be a little special for folks on YouTube and Spotify. You’ll be able to see the beautiful graphs that Ryan makes that really hammer home his deepest conclusions. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Ryan Burge Producer: Devon Baroldi Links: Practically this entire episode is inspired by the work on Ryan’s amazing Substack. You can subscribe here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The 1970s oil crisis changed the world in ways that many people forget today, from the transformation of American politics to the rise of the Japanese electronics industry. The Iran war of 2026 could have similarly global consequences, from the rise of China to changes in the future of war to the acceleration of the global renewables transition. Today, Australian investor and writer Alex Turnbull joins the show to discuss the most important and most surprising second-order effects of the war. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Alex Turnbull Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

One of the themes we’ve circled in the last few weeks is the way that the modern world can hijack our values. This principle was recently articulated by the philosopher C. Thi Nguyen in an episode called "How Metrics Make Us Miserable." Thi told us that he became a philosopher to answer the biggest questions in life but discovered, in grad school, that everybody around him mostly cared about numbers. Journals were ranked by status: numbers. The university departments were ranked by status: more numbers. Individual researchers had their own h-scores and other public quantifications of prestige: numbers, numbers, and numbers. And this cult of quantification completely took over his life. The internal value of “I want to answer the world’s deepest questions” becomes replaced by the external value of “make number go up.” What do we call this extraordinary force for bulldozing our values, and replacing them with something outside of us—synthetic, bureaucratic, inauthentic? Let’s call it the machine. If you become a philosopher to discover the meaning of life but only work on the papers that you think will end up in journals scored highly by a bureaucracy you’ll never see … that’s the machine. If you’re a podcaster who wants to answer the most compelling questions in the world but ends up just focusing on rage-bait political news because that’s what YouTube fingers are clicking on, that’s the machine. What’s the opposite of the machine? It’s something a little different than success. It’s success plus the ability to hold our values in the face of external systems that try to crush them. Today’s guest Brad Stulberg calls it: excellence. Today's podcast is about excellence. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Brad Stulberg Producer: Devon Baroldi Links: The Way of Excellence by Brad Stulberg Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today’s podcast is an interview with one of the cofounders of the AI company Anthropic, Jack Clark. One thing I’m trying to do with the subject of artificial intelligence is offer a balance of perspectives on an issue that tends to receive mostly one-sided coverage. Some people are certain that AI is a bubble; some are certain it is not. Some are certain that AI will destroy millions of jobs; some are certain that it will not. I want listeners of this show to feel like every time they hear an intelligent take on one side of this issue, the next episode they’ll hear a countervailing take. Two weeks ago, you heard the investor and writer Paul Kedrosky argue that AI was an economic bubble. But if any single data point pierces that narrative, it’s this. From December 2025 to this month, March 2026, Anthropic has more than doubled its annual recurring revenue, from $9 billion to nearly $20 billion. According to several analysts, there is no record of any company growing this fast at this scale. Now, I don’t need Jack Clark or anybody at Anthropic to read me a corporate statement about the company’s revenue growth. I can read that myself. What I wanted to do today is ask questions that only someone in Jack’s position can answer. If Anthropic’s executives believe that AI might be as dangerous as nuclear weapons, what right does any private business have to build this sort of thing for profit? How does the company balance its reputation as the industry leader in caution and safety with its other reputation as one of the fastest developers of this technology? And if artificial intelligence has the capacity to produce a country of geniuses in a data center—as Anthropic’s CEO insists—why do Americans overall say they disapprove of artificial intelligence more than just about every other institution and individual in the world? Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Jack Clark Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you're a typical worker with a salary, you have almost no control over how much tax you owe. But if you own a company worth billions of dollars, the income tax is, in the words of my guest today, "largely optional." Countries around the world struggle to get billionaires to pay a higher tax rate than middle-income families. Gabriel Zucman is one of the world's leading experts on tax inequality, the economist who first rigorously measured what U.S. billionaires actually pay—and he found that it's less, as a share of income, than what a middle-class American pays. He's advised Elizabeth Warren and Bernie Sanders on wealth tax proposals and recently published sweeping new research showing that the problem is global. Today, we get into the mechanics of billionaire tax avoidance, the history of failed wealth taxes, and whether the AI era is about to make all of this dramatically worse. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Gabriel Zucman Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

In 2017, Americans legally bet about $5 billion on sports. Last year, that number rose to $160 billion. Gambling hasn’t just taken over sports. It’s invaded culture, politics, and even international warfare. Bettors have already made millions of dollars wagering on the precise dates and locations of bombing campaigns in Iran, and journalists have been hounded for reporting on events that can lose bettors money. It’s one thing to believe, as I do, that it would be foolish to entirely ban sports gambling in the U.S. It’s another to watch the warp-speed casino-ification of American life and not think, “Something has gone badly wrong here!” McKay Coppins, a staff writer at The Atlantic, joins the show to discuss his new cover story on how gambling conquered sports … and everything else. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: McKay Coppins Producer: Devon Baroldi Links: https://www.theatlantic.com/magazine/2026/04/online-sports-betting-app-addiction/686061/ Source for all photos: Getty Images Learn more about your ad choices. Visit podcastchoices.com/adchoices

The AI buildout continues to break records, as the hyperscalers pour hundreds of billions of dollars into chips and data centers, even as investors punish their stock prices. But the revenue side of the ledger is showing signs of takeoff. In the last few weeks, OpenAI and Anthropic have added billions of dollars of cash, on their way to becoming two of the fastest growing companies in history. Last year, Derek was convinced that AI was on its way to being one of the biggest bubbles in modern capitalism’s history. But the torpid rise of AI agents is starting to change his mind. So he wanted to bring someone on to test his evolving theory. The investor and writer Paul Kedrosky returns to the show to make his own case even more firmly: AI is a bubble, and the evidence is all around us. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Check out Paul's podcast 'The Nick, Dick and Paul Show' on YouTube and Spotify: https://www.youtube.com/@nickdickpaul https://open.spotify.com/show/6mxUS2hFE2hdaNx1sjhdYu?si=67add32695c546bf Host: Derek Thompson Guest: Paul Kedrosky Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Why do placebo effects work, even when patients know that they're taking a sugar pill? How do "nocebo" effects work, and why do some people hold onto beliefs that they suspect might bring them pain and suffering? What do the major world religions have to teach secular athletes and workers about the power of belief, and what does the psychological research tell us about the benefits of prayer, even for those who don't believe in God? Nir Eyal, bestselling author of the new book Beyond Belief, joins the show to talk about the research behind how our beliefs shape our lives. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Nir Eyal Producer: Devon Baroldi Today’s open is adapted from Derek’s Substack essay “If Placebos Work So Well, Why Not Prescribe Sugar Pills For Everything?” Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Strait of Hormuz is the tiny bottleneck that could destabilize the global economy. As a critical passageway for crude oil, natural gas, and critical inputs for fertilizer, computer chips, and plastic, this small stretch of water is a tiny chokepoint for global trade, and the war in Iran has all but shut it down. What does this mean for the U.S. economy and other countries around the world? Geopolitical analyst Rachel Ziemba joins the show to discuss. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Rachel Ziemba Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

What happens when the two biggest stories in the world—the Trump White House and the development of advanced artificial intelligence—collide? Well, nothing good, apparently. When contract negotiations broke down between the Pentagon and Anthropic, a leading AI lab, the Department of War took the extraordinary step of labeling Anthropic a "supply chain risk," a designation typically reserved for Chinese companies suspected of spying on American technology. It’s not just liberals like me that found this announcement jarring. The technology writer Dean Ball—who served as Senior Policy Advisor for AI at the White House as recently as last summer—said the decision amounted to a nearly tyrannical attack on private property. (After all, if the government can walk up to your company, make you a deal, and destroy your company if you say no, that certainly sounds like a world in which the state can destroy whatever it trains its eyes on.) So, I wanted to talk to Dean about what he sees—and why he thinks this episode is so important, and so terrifying. Today, we talk about the difference between Biden and Trump’s approach to artificial intelligence before diving into the Anthropic mess, and pulling out of it the bigger story, according to Dean: that Trump’s scattershot AI policy is just the latest sign that AI’s capabilities are growing faster than many people want to admit—this technology is going somewhere fast, and the the American government simply is not prepared for where it’s taking us. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Dean Ball Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Donald Trump’s polling has continued to edge down week after week. And yet approval of the Democratic Party is still stuck near its all-time low, according to Gallup and other surveys. One interpretation of these polls is that the deep unpopularity of the party is an albatross around the neck of Democratic candidates. But there’s another interpretation that I think is more interesting—and perhaps more true. The fact that the party has no clearly defined national leader, and no clearly defined “brand” (sorry), is an opportunity for young Democrats to define themselves as individuals. Rather than act like a congregation all singing from the same hymnal, they can experiment, disagree, and adapt their message to their electorate. And that might ultimately prove to be a strength of the party heading into the 2026 midterms rather than a weakness. Senator Ruben Gallego (D-Arizona) joins the show to talk about the Iran war, immigration, affordability vs. aspiration, and the future of the Democratic Party. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek ThompsonGuest: Ruben GallegoProducer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices