This week we dig into how much of the economy is built on friction, and what happens when AI agents start removing it. **Also:** why students are so gloomy about AI, Vanity Fair’s New Establishment list and who gets to confer legitimacy on tech, a vibe-coded Adobe replacement, the race for the new home page, and Troy comes around on Kia.
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**Chapters:**
\* 01:25 Vanity Fair and Tech Legitimacy
\* 07:46 Students Fear the AI Future
\* 27:28 Software Moats and Copycat Culture
\* 34:28 Friction Economy Disrupted
\* 41:37 One Agent New Homepage
\* 49:28 Distillation China
\* 54:48 Good Product
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.peoplevsalgorithms.com
