The Gray Files cover: a green profile and brain with the title The Hidden Code of Civilization.

A podcast by Erika Barker

The Gray Files.

This is where I follow questions across science, technology, economics and human behavior. I look at how the systems we build shape the choices we make and the lives we lead. Come for the subject that interests you, and stay for the connections you did not expect.

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The Gray Files · 40 min

Centralization vs. Decentralization: AI, Blockchain and Institutional Power

Who gets to control a system, and what changes when that control is distributed? This episode follows that question across institutions, internet platforms, AI and blockchain. It connects the technical questions on this site with the human choices behind them.

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The Gray Files · 93 min

Michael Burry’s AI Bubble Thesis: Spending, Depreciation and Valuation

The technology and the investment story are different questions. This January 2026 episode explores the spending, depreciation and valuation assumptions behind a bearish AI investment thesis. It pairs with my longer analysis of structural risk in the AI boom.

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