Fri. 06/13 – Stablecoins Everywhere
Techmeme Ride Home
Brian McCullough
4.7 • 984 Ratings
🗓️ 13 June 2025
⏱️ 21 minutes
🧾️ Download transcript
Summary
Do people know when they’re using the MetaAI app, it’s public? Chime had a successful IPO so let me tell you about my IPO-meter. The financials behind that fully-AI commercial running during the NBA playoffs. More signs stablecoins are taking over, but in the Longreads, do stablecoins represent a unique danger to the global financial system?
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Links:
- The Meta AI app is a privacy disaster (TechCrunch)
- Meta Risks Regulatory Scrutiny in Pursuit of Scale AI (Bloomberg)
- Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade (Bloomberg)
- Chime pops 37% in Nasdaq debut after pricing IPO above expected range (CNBC)
- Walmart and Amazon Are Exploring Issuing Their Own Stablecoins (WSJ)
- Here’s the $2,000 fully AI-generated ad that aired during the NBA Finals (The Verge)
Weekend Longreads Suggestions:
- Why we should worry about the rise of stablecoins (FT)
- Nintendo Switch 2 review: bigger, faster, and the best handheld since Game Boy (The Shortcut)
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Transcript
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| 0:00.0 | Welcome to the Tech meme right home for Friday, June 13th, 2025. I'm Brian McCullough today. |
| 0:08.6 | Do people know when they're using the meta-AI app? It's public. |
| 0:12.5 | Chime had a successful IPO, so let me tell you about my IPO meter. |
| 0:17.0 | The financials behind that fully AI commercial running during the NBA playoffs, and more signs |
| 0:22.4 | stablecoins are taking over, but in the long reads, do stable coins represent a unique danger |
| 0:27.0 | to the global financial system? |
| 0:28.9 | Here's what you miss today in the world of tech. |
| 0:34.6 | Something something. |
| 0:35.9 | AI chatbots are the new vector for getting at or exposing your data. |
| 0:40.8 | TechCrunch points out that the public feed of the meta-AI app is filled with private and sensitive information, |
| 0:48.4 | suggesting that a lot of users might not be aware they are sharing their chats publicly. |
| 0:53.5 | Quote, it sounds like the start of a 21st |
| 0:55.8 | century horror film. Your browser history has been public all along, and you had no idea. |
| 1:00.5 | That's basically what it feels like right now on the new standalone meta-AI app where swathes |
| 1:05.3 | of people are publishing their ostensibly private conversations with the chatbot. |
| 1:10.1 | When you ask the AI a question, |
| 1:11.9 | you have the option of hitting a share button, which then directs you to a screen, showing a |
| 1:16.2 | preview of the post, which you can then publish. But some users appear blissfully unaware that |
| 1:21.0 | they are sharing these text conversations, audio clips, and images publicly with the world. |
| 1:26.5 | When I woke up this morning, I did not expect to hear an |
| 1:28.7 | audio recording of a man in a Southern accent asking, hey, meta, do some farts stink more than |
| 1:34.7 | other farts? Flatulence-related inquiries are the least of meta's problems. On the meta-AI app, |
... |
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