Gell-Mann Amnesia | Group Chat News Ep. 745

Group Chat

News, Entrepreneurship, Business

4.8 • 1.5K Ratings

🗓️ 1 March 2023

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, Dee and Anand discuss a variety of topics impacting the business world. They start with the news that China's CCP is warning Elon Musk against sharing the Wuhan lab leak report. They also talk about how as Americans work from home, Europeans and Asians are heading back to the office, and how this impacts the global economy. In addition, they touch on the current state of the rental market as apartment rents fall due to a crush of new supply. The hosts also dive into how hybrid work is hurting big city restaurants and bars, according to a recent study. Finally, they discuss several interesting developments in the retail sector, including Starbucks CEO Howard Schultz calling new olive oil coffee drinks "transformational," Ye and Adidas reportedly reaching an agreement to sell the remaining $500 million USD in YEEZY sneakers, and McDonald's Cardi B and Offset promotion drawing pushback from some restaurant owners. Plus, they also examine how the parent company of AT&T SportsNet is discontinuing regional sports networks.

- written by ChatGPT

Timeline of What Was Discussed:

Vegas is SLAMMED! (1:28)
A ‘razor’ a day. (9:29)
China warns Elon. (12:21)
Interesting ‘work from home’ statistics. (14:51)
LAX is a cash cow. (19:50)
Are rents finally falling? (22:08)
No one wants to go anywhere they are told. (25:45)
Starbucks' next transformational drink. (31:41)
What is Kanye doing? (36:01)
You must do what’s best for your business. (40:01)
Why every league may be in trouble except the NFL. (42:45)
Group Chat Shout Outs. (51:01)

Transcript

Click on a timestamp to play from that location

0:00.0	Ladies and gentlemen, welcome back to Group Chat.
0:03.9	One of the things we're going to talk about is, apparently, there's more
0:07.5	razors than Occam. We're rolling out razors,
0:11.5	upcoming episodes. How many razors do you think there?
0:14.8	I have to do some research. I don't want to. Is it like three or 30?
0:18.8	It's over three. Over three. There's more razors. And Anon comes in with a new
0:23.6	useless word phrase phrase. So we're going to talk about that.
0:28.0	And then we talk about China giving Elon a warning. We're talking about Americans working
0:35.9	from home and occupancy and office buildings. We're also talking about commutes from all of these
0:42.3	respective cities. And then hybrid work and the impact is had on restaurants bars. We have no idea
0:49.1	what's going to happen with all this space. Everyone's going somewhere but no one's working.
0:52.4	Yeah, that's the problem. And luckily Starbucks sees no soft landing. They just,
0:59.4	we're not landing. We're flying. Business is booming. He's got a new transformational coffee
1:04.8	that will change the industry. Can't wait to tell everyone about that.
1:08.7	Chinese backland news, big news, and so much more. Let's get into it. Sports might be over.
1:15.0	Local sports. Local sports. All right. Let's get into it.
1:28.3	All right, everyone. We are back with another episode of Group Chat. I just landed back from
1:33.5	Vegas. It was the ASD show. What's up? I don't know what the letters stand for. No idea.
1:42.3	Who's there? It's a circus. So it is who's selling what? It's general merchandise.
1:51.0	So these are people that make blankets and toasters and have access inventory from
1:59.3	Unilever or champion or microwaves. It's anything you could ever imagine, vape pens,
2:07.4	to adult toys. It looks like a general store. Yeah. And it's a trade show. And
	...

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