36 episodes

The world of finance is complicated. Governed by complex ebbs and flows, and arcane algorithms. Finance is the liquid that we live in, even when we don’t see it. This series talks about the mechanisms behind global finance and finds a way inside its very heart: its black box. 
Black Box is sponsored by Docebo.
Guido Brera's English voice has been generated using generative AI technology by Voiseed (www.voiseed.com)
Black Box is a Chora News podcast, produced by Chora Media and sponsored by Docebo.
Written by Guido Brera with I Diavoli.
Text translation by John Vincent.
Editorial supervision by Francesca Milano.
Intro and sound design by Luca Micheli.
Post production and editing by Luca Micheli and Mattia Liciotti.
Sound editing by Emanuele Moscatelli.
Production organization by Alex Peverengo

Black Box - English version Chora

    • News

The world of finance is complicated. Governed by complex ebbs and flows, and arcane algorithms. Finance is the liquid that we live in, even when we don’t see it. This series talks about the mechanisms behind global finance and finds a way inside its very heart: its black box. 
Black Box is sponsored by Docebo.
Guido Brera's English voice has been generated using generative AI technology by Voiseed (www.voiseed.com)
Black Box is a Chora News podcast, produced by Chora Media and sponsored by Docebo.
Written by Guido Brera with I Diavoli.
Text translation by John Vincent.
Editorial supervision by Francesca Milano.
Intro and sound design by Luca Micheli.
Post production and editing by Luca Micheli and Mattia Liciotti.
Sound editing by Emanuele Moscatelli.
Production organization by Alex Peverengo

    Ep.36 - What separates us from machines

    Ep.36 - What separates us from machines

    There’s something in common between Soviet Lieutenant Stanislav Petrov, American activist Aaron Swartz and the co-founder of OpenAI Ilya Sutskever. In different times and ways, all three of them have put aside their timidity and opposed the war-thirsty, proprietary and neo-feudal order incarnated by computers, algorithms and more-or-less thinking machines. Timidity itself (and its antonyms) reminds us of the importance of remaining human.

    • 11 min
    Ep.35 - A bitcoin a day / Part two

    Ep.35 - A bitcoin a day / Part two

    Since June 2019, Nayib Armando Bukele Ortez has been the President of the Republic of El Salvador. Bukele hasn’t just freed the country from the throttle of drug gangs, but also started an unexpected economic upturn with the introduction of bitcoin as legal tender. It’s something that has never been tried before, and it’s been reaping enormous benefits in terms of the sustainability of debt, on the country’s international image, and on its support of “clean” energy sources for crypto mining. Welcome to El Salvador, where mythology and science fiction walk together. Where the future is already here.

    • 13 min
    Ep.34 - A bitcoin a day / Part one

    Ep.34 - A bitcoin a day / Part one

    Leather jacket, mirror shades, a neatly trimmed beard and slick hair, Nayib Bukele has been the President of the Republic of El Salvador since 2019. Following his election, he’s repressed the drug gangs in his country with an iron fist. Last February he won a second mandate using a constitutional loophole. But Bukele has also brought about a significant economic development: starting from 2022 he recognized bitcoin as legal tender in his country. El Salvador is the first nation in the world to attempt such an experiment.

    • 11 min
    Ep.33 - J.H. Simons, the mathematician who conquered markets

    Ep.33 - J.H. Simons, the mathematician who conquered markets

    This May 10 we lost James Harris Simons, a legend of high finance, the so-called “King of Quants”, the mathematician who left university and conquered the markets. In 1982, he founded the New York Renaissance Technologies, which would soon become one the greatest global hedge fund firms in the world. Forbes said of JHS that he was “arguably the world’s greatest investor”. Simons found success by applying mathematical models and computer algorithms to financial fluctuations. He turned record profits and he almost always won out. Almost…

    • 10 min
    Ep.32 - The bunker: the dream of the West

    Ep.32 - The bunker: the dream of the West

    We live in an age of permanent catastrophes: viruses and wars, nuclear threats and climate crises. If danger is everywhere, then it’s necessary to seek protection in closed up and impenetrable spaces: such as the North Star Missile Silo, one of the most secure havens ever made. North Star can be found in Kansas, and it was built to withstand an atomic explosion and every type of catastrophe. In short, a symbol of the cold war is once again back in fashion. In 2021, during the pandemic, the silo was auctioned off to a private owner at a base price of about 900,000 dollars. The space is impenetrable and the dream of the west is unspeakable. Welcome to the bunker.

    • 11 min
    Ep.31 - The American civil war

    Ep.31 - The American civil war

    Theatres are seeing the release of Civil War, by British director Alex Garland, and in the meanwhile the United States truly seem to be under the influence of irreconcilable differences. If we look to the markets we can see the best of all possible worlds, but in the streets Fentanyl is causing thousands of deaths, the middle class is getting poorer and poorer, and student debt is out of control. Meanwhile, investments focus mainly of the defense and arms industries, or towards safe-haven assets such as gold and bitcoin. War is always good business in a nation where the divide between American dream and American nightmare is greater than ever before.

    • 11 min

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