A weekly podcast

Show Your Priors.

Update your beliefs. Sharpen your edge.

A weekly conversation about strategy, AI, and how to reason better in business.

New every week

Episodes.

All episodes

  1. EP. 16

    OpenAI's $21B Loss, the Anthropic Crackdown, and a Live AI Startup Teardown

    OpenAI's $21B Loss, the Anthropic Crackdown, and a Live AI Startup Teardown

    2h 8m
  2. EP. 15

    SpaceX's Record IPO, Anthropic's Banned AI, and Apple's Next Gen AI Siri

    SpaceX's Record IPO, Anthropic's Banned AI, and Apple's Next Gen AI Siri

    1h 22m
  3. EP. 14

    Anne T. Griffin: Sycophant CEOs, the SaaSpocalypse & AI Slop

    Anne T. Griffin: Sycophant CEOs, the SaaSpocalypse & AI Slop

    1h 57m
  4. EP. 13

    Rita McGrath: Why AI Is Breaking Corporate Strategy

    Rita McGrath: Why AI Is Breaking Corporate Strategy

    2h 8m
  5. EP. 12

    Google Declared Search Is Over. We Read the SpaceX S-1 So You Don't Have To

    Google Declared Search Is Over. We Read the SpaceX S-1 So You Don't Have To

    1h 24m
  6. EP. 11

    Cerebras IPO, Brain Implants, and What Hannibal Teaches About Strategy

    Cerebras IPO, Brain Implants, and What Hannibal Teaches About Strategy

    1h 31m
  7. EP. 10

    White House Pumps the Brakes on AI, Anthropic Tops OpenAI, Dan Toma

    White House Pumps the Brakes on AI, Anthropic Tops OpenAI, Dan Toma

    2h 9m
  8. EP. 09

    Musk Sues OpenAI for $134B, Berkshire Without Buffett, Spirit Airlines Folds

    Musk, Buffett's successor, and a low-cost airline death.

    1h 34m
  9. EP. 08

    Did Elon Just Buy Cursor for $60B? AI Strategy with Scott Newton

    SpaceX/Cursor deal plus a guest interview on corporate AI strategy.

    1h 35m
  10. EP. 07

    Stanford 2026 AI Index, SPACs Are Back, Stalin's Corporate Strategy Lessons

    AI data, Chamath's return, and why stretch targets fail.

    1h 21m
  11. EP. 06

    Mythos: The AI Too Dangerous to Release

    Anthropic's unreleased model and the vertical AI question.

    56m
  12. EP. 05

    OpenAI Buys a Podcast, Will AI Replace Coders, Can We Learn from Xerxes?

    Media ownership, developer displacement, asymmetric strategy.

    1h 16m
  13. EP. 04

    Your AI Is Lying to You (And You Love It)

    AI sycophancy, RLHF, and the Dorian Gray Effect.

    1h 10m
  14. EP. 03

    Why Five Guys Shouldn't Exist (But Conquered the World)

    Niche strategy, disruption theory, and Alexander the Great.

    1h 21m
  15. EP. 02

    How an MBA Teaches Business Strategy

    Strategy vs. tactics, positioning, innovation theatre.

    1h 15m
  16. EP. 01

    AI Is Coming for Our Jobs

    The inaugural episode.

    44m

The hosts

Two priors. One conversation.

Michael Nichols

Michael Nichols is the founder of Phaneros and the author of Fatal Abstraction (Emerald, August 2026), a study of how leaders mistake elegant frameworks for accurate ones. Previously VP of Strategy & M&A at Mann+Hummel, he has evaluated more than 400 ventures across 20 countries.

On the show he handles strategy, market structure, and the occasional historical detour through Alexander, Stalin, and Xerxes.

Off-mic he reads — with varying competence — in Russian, German, Spanish, French, Latin, Greek, and Hebrew, sings, writes songs, and plays guitar, piano, and cello. The history detours on the show are not a bit.

Jason Thompson

Jason Thompson brings a decade in customer success and sales across telecommunications, paired with a film and video production background that's now finding its second life behind the mic. Beyond co-hosting, he produces and edits the show and runs its social channels.

Outside the studio he travels with his partner Amy and shares a home with two cats, Yuki and Loki — hellions who occasionally make uninvited guest appearances on the podcast. A voracious consumer of content, and a former Hall of Fame raider in World of Warcraft.

From the host

A book by Michael Nichols.

Fatal Abstraction by Michael Nichols — book cover

Fatal Abstraction: Revolutionizing Strategy and Innovation

#1 Amazon New Release · Industrial Management & Leadership

Fatal Abstraction challenges the single-variable thinking that quietly undermines strategy and innovation decisions. Published by Emerald Publishing, it draws on a decade of corporate strategy and venture experience to give executives, strategists, and investors a framework for reasoning under complexity.

Pre-order at

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