AI Investors Ask, Where’s The Money? & Spirit Airlines Goes Premium

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

🗓️ 31 July 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 377: Neal and Toby discuss whether investors are right to be concerned about the massive AI expenditures being made with little to no revenue to show for it. Then, the US Senate just passed the Kids Online Safety Act to force tech companies to have stricter online rules for teens. Next, Starbucks misses its earnings expectations as same-store traffic continues to fall in the US and around the world. Plus, a number of startups are doing what Theranos wanted to do… minus the whole fraud part. Meanwhile, perhaps the failed JetBlue-Spirit merger was actually a good thing? Lastly, the latest news and stories from the 2024 Paris Olympics. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Have a question or need how to advice. Just ask meta AI whether you want to design a marathon training program or you're just curious what planets are visible in tonight's sky
0:10.0	Meta ai has the answers. It can also summarize notes, visualize your ideas, and so much more.
0:16.1	It's the most advanced AI at your fingertips.
0:19.2	Expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook, and Messenger.
0:26.0	Good morning for Daily Show, I'm Neil Freiman and I'm Toby Howell.
0:30.0	Today a new batch of startups is promising to test your blood with just a few drops.
0:35.4	Sound familiar?
0:36.4	Then the first meaningful online child safety bill in decades just passed the Senate,
0:41.2	but opposition lies in wait. It's Wednesday July 31st.
0:45.3	Let's ride.
0:47.0	The Olympics have been going on all week, but an even bigger competition has been raging on outside of Paris.
0:57.0	The competition between Team Neil and Team Toby over who can sling more Morning Brew Daily shirts and boy do we have an update for you.
1:05.7	To recap, last Wednesday we offered dueling discount codes for you all to use in our
1:10.4	merch shop Toby 20 or Neil 20.
1:13.0	Both codes got you 20% off our t-shirts,
1:15.6	but we wanted to see which one was used more often.
1:19.1	And I am happy to report that Team Toby
1:21.9	has made a stunning comeback to take the lead with 24 hours to go on the contest.
1:26.0	Neil, anything you'd like to say to your supporters about your performance.
1:29.7	Yes, people, I just want you to know that great moments are born from great opportunity and
1:34.6	that's what you have here tonight that's what you've earned here tonight if we
1:39.0	played Toby 10 times he might win nine but not this contest not tonight this is your time his time is
	...

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