Why Everyone Is Freaking Out About Private Credit

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.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

Artificial intelligence is working its way into every aspect of our lives, including law and immigration enforcement, and the industry is spending millions of dollars to ensure it can continue to do so unregulated. But as evidence of bias appears in this nascent tech, this congresswoman wants to ensure we’re not just recreating our historical biases and problems all over again—which is to say, she wants guardrails. Guest: Summer Lee, U.S. representative for Pennsylvania’s 12th district.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

What YouTube and Meta’s loss in the “social media addiction trial” could mean for your feed.Guest: Ryan Mac, business and technology reporter for the New York Times.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

Why Palantir cofounder and CEO Alex Karp views working with Western militaries not just as a business opportunity, but as a higher calling.Guest: Jacob Silverman, journalist and author of “Gilded Rage: Elon Musk and the Radicalization of Silicon Valley.”Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

Hank Green recently pulled a “reverse OpenAI” - he took his education platform Complexly and made it a nonprofit. In a world where outrage, A.I. slop and “brain rot” are all heavily incentivized by platforms, Hank explains why he’d rather make content that leans into the complexity of our world. Guest: Hank Green, YouTuber, half of Vlogbrothers, host of Crash Course and SciShow and founder of VidCon and Complexly.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

A half dozen state attorneys general have sued the online gaming platform Roblox after multiple investigations found child predators on the site and more than 20 people were arrested for abducting or abusing children they had met via Roblox. Guest: Mike Hilgers, Nebraska Attorney General.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

Drone warfare has evolved immensely since Ukraine. The use of artificial intelligence in combat has evolved just since Venezuela. Guest: Steven Feldstein, political scientist and senior fellow at the Carnegie Endowment for International Peace in the Democracy, Conflict, and Governance Program.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

How does Paramount, an old-guard studio and media institution, buying Warner Bros., another of the same, change the landscape in Hollywood, on cable, and in news?Guest: Julia Alexander, media correspondent for Puck News.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

When you’re sending troops to war, it seems like there are more important things to consider than how it will impact the stock market. However, it doesn’t seem coincidental that this administration waited until the markets closed on a Friday to launch its attacks on Iran.Guest: Justin Wolfers, professor of economics and public policy at the University of MichiganWant more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.

How much would it change your life and approach to health if you had instant access to your quantified biometrics? RFK Jr. and the Department of Health and Human Services have bet the difference would be huge, and loosened regulation on them—leaving TBD no choice but to strap in and give ‘em a try. Guests: Nadira Goffe, Slate staff writer.Mario Aguliar, health tech correspondent for Stat NewsDr. Sandeep Kishore, associate professor at the University of California San FranciscoDr. Jordana Cohen, associate professor of medicine and epidemiology at University of Pennsylvania.Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, and Patrick Fort. Hosted on Acast. See acast.com/privacy for more information.