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The Verge

Decoder is a show from The Verge about big ideas — and other problems. Verge editor-in-chief Nilay Patel talks to a diverse cast of innovators and policymakers at the frontiers of business and technology to reveal how they’re navigating an ever-changing landscape, what keeps them up at night, and what it all means for our shared future.

Decoder with Nilay Patel

Hey everyone! Decoder senior producers Kate Cox and Nick Statt here. We’ve had a big year, including nearly 100 episodes, a new YouTube channel, an ad-free podcast feed, and a slate of great guest hosts while Nilay was on parental leave. It’s been a lot!

We’ve also had a lot of great questions and comments this year from you, our audience. So we pulled together all the feedback we’ve received on topics like CarPlay, Monday episode guest suggestions, and — of course — AI. And then we turned the tables on Nilay to ask him his thoughts on the past 12 months: What we liked, what we want to improve, and how he’s making decisions for Decoder in the new year. 

Links: 

 Answering your biggest Decoder questions, 2024 edition | Decoder

 The DoorDash Problem | Decoder

 How decision making changes when AI answers are cheap and (too) easy | Decoder

 Why GM will give you Gemini — but not CarPlay | Decoder

 Rivian CEO: ‘We’re really convicted’ about skipping CarPlay | Decoder

 How SharkNinja took over the home, with CEO Mark Barrocas | Decoder

 Why Tubi CEO Anjali Sud thinks free TV can win again | Decoder

 Disney accuses Google of copyright infringement following OpenAI deal | The Verge

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

"All chaos and panic": Nilay answers your burning Decoder questions

Stack Overflow CEO Prashanth Chandrasekar was last on the show in 2022 — just one month before ChatGPT launched and upended literally everything for Stack Overflow in a deeply existential way. 

He called a company emergency, reallocated about 10 percent of the staff to figure out solutions to the ChatGPT problem, and made some pretty huge decisions about structure and organization to navigate that change — all of it pure Decoder bait.

Links: 

 2025 Developer Survey | Stack Overflow

 The people who make your apps go to Stack Overflow for answers | Decoder

 OpenAI, Stack Overflow partner to bring technical knowledge to ChatGPT | The Verge

 Stack Overflow feeds programmers’ answers to AI whether they like it or not | The Verge

 Stack Overflow cuts 28 percent of its staff | TechCrunch

 AI-generated answers temporarily banned on Stack Overflow | The Verge

 Stack Overflow’s strike is over, but problems persist | Jon Ericson

 A new era of Stack Overflow | Stack Overflow

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stack Overflow users don't trust AI. They're using it anyway

Massachusetts Sen. Ed Markey and I agree it seems like democracy is on the line right now, especially around the First Amendment and the increasing pressure the Trump administration — especially FCC chair Brendan Carr — is putting on free speech. I also had a lot of questions for Sen. Markey about the supposed TikTok ban, which no one seems to know anything about, and all the other problems we’re facing in 2025.

Links: 

 Even the lawmakers behind the TikTok ban have no idea what’s going on | The Verge

 Carr’s FCC is an anti-consumer, rights-trampling harassment machine | The Verge

 The FCC is a weapon in Trump’s war on free speech | Decoder

 Here’s the Trump EO that would ban state AI laws | The Verge

 Silicon Valley is rallying behind a guy who sucks | The Verge

 Silicon Valley’s man in the White House is benefiting himself and his friends | The New York Times

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sen. Ed Markey wants media companies to fight for the First Amendment

Today, I’m talking with Willem Avé, who’s the head of product at Square. You know Square — it was started by billionaire Jack Dorsey of Twitter fame more than 15 years ago, and it got big on the back of that little magnetic reader that once plugged into the headphone jack of the iPhone and let small businesses accept credit cards.

Nowadays, of course, Square is more than a credit card reader, and sadly, the headphone jack is ancient history. The company itself is now part of parent organization called Block, which is made up of a very interesting mix of financial services like Afterpay, Cash App, and, yes, the streaming music service Tidal. So Willem and I really got into where Square is headed next with AI and automation, why he’s excited about crypto and Bitcoin specifically, and even what it means that the US is discontinuing the penny. 

Links: 

 Square’s public roadmap | Square

 Jack Dorsey is reorganizing the entirety of Block | Fortune

 How Block turned Square into a financial services giant | Fast Company

 Block to roll out bitcoin payments on Square | Square

 Square buys $170 million worth of bitcoin | CNBC

 Square, Jack Dorsey’s payments company, changes its name to Block | NYT

 The penny dies at 232 | NYT

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

Square's product chief on the death of the penny and the future of money

Today, I’m talking with Verge senior AI reporter Hayden Field about some of the people responsible for studying AI and deciding in what ways it might… well, ruin the world. Those folks work at Anthropic as part of a group called the societal impacts team, which Hayden just spent time with for a profile she published this week on The Verge. 

The team is just nine people out of more than 2,000 who work at Anthropic, and their only job, as the team members themselves say, is to investigate and publish quote "inconvenient truths” about AI. That of course brings up a whole host of problems, the most important of which is whether this team can remain independent, or even exist at all, as it publicizes findings about Anthropic's own products that might be unflattering or even politically fraught. 

Links: 

 It’s their job to keep AI from destroying everything | The Verge

 Anthropic details how it measures Claude’s wokeness | The Verge

 White House orders tech companies to make AI bigoted again | The Verge

 Chaos and lies: Why Sam Altman was booted from OpenAI | The Verge

 How Elon Musk Is remaking Grok in his image | NYT

 Anthropic tries to defuse White House backlash | Axios 

 New AI battle: White House vs. Anthropic | Axios

 Anthropic will pursue gulf state investments after all | Wired

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

The tiny team trying to keep AI from destroying everything

IBM was instrumental to the entire 20th century of computing — but it's a lot harder for most of us to see what it's been up to during this century. That's because it's fully an enterprise company, and CEO Arvind Krishna says that business is booming.

But there’s a huge change coming to that business as well, as Watson-style deep learning has given way to LLMs and generative AI. Sure, Arvind says IBM got there a little too early. But he doesn’t seem concerned that IBM would be stuck on the sidelines. 

Read the full interview transcript on The Verge. 

Links: 

 Computer wins on ‘Jeopardy!’: Trivial, it’s not | New York Times (2011)

 What Ever Happened to IBM’s Watson? | New York Times (2021)

 America Forgot About IBM Watson. Is ChatGPT Next? | The Atlantic

 IBM acquires Red Hat | The Verge

 IBM and Groq Partner to Accelerate Enterprise AI Deployment | IBM

 IBM’s Jerry Chow on the future of quantum computing | Decoder

 IBM: quantum computing partnership with AMD is bearing fruit | The Verge

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

IBM CEO Arvind Krishna says there is no AI bubble after all

Hey everyone, it's Nilay. It’s been great being back in the Decoder chair this fall, and we’ve got a bunch of great episodes coming up to round out the year. But the production team is off this week for the holiday, so today, we’re going to share this episode of The Gray Area with you. 

This time, host Sean Illing is talking to data scientist Hannah Ritchie — about climate science and how although the crisis is definitely real, it’s not all bad news. There are actually a lot of great indicators out there in the data that show real progress in limiting emissions and boosting clean energy. It’s a nuanced, hopeful take at a time when, admittedly, it kind of feels like all the news about everything is pretty doom and gloom.

Links: 

 We can have growth while fighting climate change | Vox

 The Grey Area | Apple Podcasts

 Clearing the Air | Hannah Ritchie

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

What the climate story gets wrong

Okay, let’s talk about AI and what I’ve been calling the “DoorDash problem.” This is about to define the next battle in AI, and it might completely transform not only how you order a sandwich, but also how the entire internet economy works in general.

If you’ve been listening to the show this past year, you’ve heard me bring up the Doordash problem nearly a dozen times. I’ve been asking CEOs and leaders in tech and AI about it any chance I can get. Now, a lawsuit between Amazon and Perplexity is bringing this exact issue to the forefront, kicking off a major AI browser fight that could define the future of agents and the web itself. 

Links: 

 Amazon and Perplexity have kicked off the great AI web browser fight | The Verge

 Amazon sues to stop Perplexity from using AI tool to buy stuff | Bloomberg

 Amazon's Cease and Desist letter to Perplexity | Amazon

 Bullying Is not innovation | Perplexity

 Amazon gets hit by a Comet | Platformer

 Humans Only! Why Amazon doesn’t want AI shoppers | NY Mag

 Amazon vs Perplexity: the AI agent war has arrived | The Guardian

 Amazon ad revenue soars 24 percent to $17.7 billion | THR

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

The DoorDash Problem: How AI browsers are a huge threat to Amazon

Jamie Simonoff, founder of Ring, won't let me call him the CEO. He says his title is and always has been 'chief inventor.' His mission with Ring is to make the world safer, and he has a pretty expansive view of what that means. He told The Verge last month he thought Ring could 'almost zero out crime' in some neighborhoods within a year or two.

That's a big promise — and also potentially a very troubling one, as we face the erosion of privacy and a surveillance panopticon that only ever seems to expand.

Read the full interview transcript on The Verge. 

Links: 

 Ring CEO: Cameras can almost ‘zero out crime’ within 12 months | The Verge

 Ring plans to scan everyone’s face at the door | The Washington Post

 Ring’s Search Party is on by default; should you opt out? | The Verge

 Ring now works with video surveillance company Flock | The Verge

 US spy agencies getting a one-stop shop to buy personal data | The Intercept

 Do Video Doorbells Really Prevent Crime? | Scientific American

 
Ding Dong: How Ring went from Shark Tank Reject to Everyone’s Front Door | Amazon

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ring's Jamie Siminoff thinks AI can reduce crime

So a lot of people think AI is a bubble. So we sent Verge senior reporter Liz Lopatto out to report on the AI bubble — whether it's real, how it might pop, and what all of this means. She’s joining the show today to talk about a particular company that sits right in the middle of all of it. That company is called CoreWeave, and Liz has spent considerable time diving into its history, its financials, and the truly fascinating story that all of that tells us about the modern AI boom.

Links: 

 CoreWeave CEO plays down concerns about AI-spending bubble | WSJ

 Why debt funding is ratcheting up the risks of the AI boom | NYT

 Inside the data centers that train AI and drain the electrical grid | The New Yorker

 How a crypto miner transformed Into the multibillion-dollar backbone of AI | Wired

 CoreWeave signs $14 billion AI infrastructure deal with Meta | Reuters

 CoreWeave, Nvidia sign $6.3 billion cloud computing capacity order | Reuters

 Nvidia turned CoreWeave into major player in AI years before saving its IPO | CNBC

 CoreWeave inks $6.5 billion deal with OpenAI | CNBC

 ‘Project Osprey:’ How Nvidia seeded CoreWeave’s rise | The Information

 For this startup, Nvidia GPUs are currency | The Verge

Subscribe to The Verge to access the ad-free version of Decoder!

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. 

The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

The company at the heart of the AI bubble

Today, I’m talking with Vlad Tenev, the co-founder and CEO of Robinhood, which started as a way to open up stock trading. But the company’s ambitions have grown over time – and they’re getting bigger. Just a day before Vlad and I talked, Robinhood announced it would soon be offering bank accounts and wealth management services, which would really allow Robinhood to be involved with your money at every possible level. 

So I was very interested to sit down with Vlad and really hash out where Robinhood is going, and why he’s so adamant that certain big ideas, like prediction markets based around everything from sports games to presidential elections, are going to play a pivotal role in the future of finance.

Links: 

Robinhood CEO Vlad Tenev on markets for everything | Hard Fork

Robinhood is launching bank accounts | Verge

Kalshi sues Nevada and New Jersey regulators | Esports Insider

Kalshi CEO: ‘State law doesn’t really apply’ to us | TechCrunch

Robinhood debuts a sports gambling hub | Verge

The SEC has ended its investigation into Robinhood crypto | Verge

Robinhood admits it’s just a gambling app | Verge

Massachusetts regulator subpoenas Robinhood over sports betting | CNN

Verge Transcript

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.
Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. 
The Decoder music is by Breakmaster Cylinder.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

Are prediction markets gambling? Robinhood's Vlad Tenev is betting not

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