In this episode, Historian and author Marc Dunkelman to explain why the 19th-century fight over railroad power is the exact fight we're about to have over algorithms and AI. Drawing on his acclaimed book Why Nothing Works: Who Killed Progress — and How to Bring It Back (a Best Book of the Year in the Financial Times and The Economist), Marc unpacks the two competing tools America has always used against concentrated power — antitrust vs. regulation — and why our government's "endemic diffusion of authority" now means nobody can decide anything, from congestion pricing to clean-energy transmission lines to AI safety.

CHAPTERS

04:52 — When private projects come back to the public: Warp Speed, DARPA, CHIPS

08:55 — Two ways to fight concentrated power: break them up vs. regulate

10:52 — Railroads, isl ...