Global AI concerns, slumping EV sales and Netflix’s ad gamble
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 3 November 2023
⏱️ 16 minutes
🧾️ Download transcript
Summary
This week, electric vehicle sales are in a slump. Last year, the competition among EV buyers was fierce, with consumers paying premium prices to drive one off the lot. But despite federal tax credits aimed at making them more affordable, the red-hot EV market isn’t so hot anymore. Plus, a year into ads on Netflix, the company is reporting that 15 million monthly active users are watching, and rewards for binging your favorite shows are in the works. But first, we’ll dive into the U.K.’s AI Safety Summit at historic Bletchley Park this week. Marketplace’s Lily Jamali is joined by Joanna Stern, senior personal technology columnist at The Wall Street Journal, for her take on those stories.
Transcript
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| 0:00.0 | Where, oh, where have all the EV buyers gone? |
| 0:05.4 | From American public media, this is Marketplace Tech. |
| 0:08.8 | I'm Lily Jamalie. We made it to week two of our new weekend review show Marketplace Tech Bites. |
| 0:17.0 | Today we're going to week two of our new weekend review show, Marketplace Tech Bites. Today we're going |
| 0:24.8 | to get into electric vehicle sales and why they're in a slump. That's despite federal |
| 0:29.4 | tax credits aimed at making EVs more affordable. |
| 0:33.0 | Auto makers are scaling back on production |
| 0:35.0 | and cutting prices. |
| 0:37.0 | What happened there? |
| 0:38.0 | Plus, it's been a year since Netflix introduced ads. |
| 0:42.0 | They're reporting that 15 million monthly active users are |
| 0:45.6 | watching. |
| 0:46.6 | Rewards for binge watchers coming soon. |
| 0:49.8 | But first, global leaders get a handle on AI, or try to, anyway, |
| 0:55.2 | with a summit across the pond coming on the heels |
| 0:57.7 | of an everything but the kitchen sink executive order |
| 1:01.0 | from President Biden. |
| 1:02.8 | Going into Britain's AI safety summit on Wednesday and Thursday, 28 countries, including |
| 1:08.4 | the U.S. and China signed onto the so-called Bletchley declaration, warning of AI's potential dangers. |
| 1:16.0 | My guest this week is Joanna Stern. |
| 1:18.0 | She's senior personal tech columnist at the Wall Street Journal, |
| 1:22.0 | and she gave us her main takeaways. |
... |
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