Meet the New OpenAI Challenger & GenZ Investors LOVE Crypto

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 21 June 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 349: Neal and Toby discuss ex-OpenAI co-founder Ilya Sutskever starting his own AI company that will prioritize safety vs. profits. Should OpenAI be concerned about a rivalry? Then, climate activists just painted Stonehenge with orange paint in the latest episode of defacing historical landmarks across Europe. Next, US car dealerships are scrambling as a widely used software for transactions has been hacked, not once, but twice. Meanwhile, GenZers and millennials who have money to spend are investing alternative assets vs. traditional assets. Also, Amazon is ditching its plastic air pillows in boxes and replacing them with loads of recyclable paper. Lastly, a harrowing escape from war-torn Ukraine featuring 2 beluga whales traveling by…car? Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Olive Garden staying strong 2:30 - New AI sheriff in town? 7:20 - Climate activists paint Stonehenge 10:20 - Car dealerships hacked 14:10 - GenZ investors skip traditional assets 18:10 - Amazon replaces plastic pillows with paper 21:10 - Beluga whale rescue Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug 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 aye whether you need to summarize notes or want to create a recipe with the ingredients you already have in your fridge. Meta aye has the answers. You can also research topics, explore interests, and so much more. It's the most
0:14.8	advanced AI at your fingertips. Expand your world with Meta AI. Now on Instagram,
0:20.3	WhatsApp, Facebook, and Messenger.
0:26.0	Good morning Brew Daily Show. I'm Neil Freiman.
0:27.0	And I'm Toby Howell.
0:28.0	Today, GenZ and millennials have a very different investing strategy
0:32.0	than older generations. Call it the anti-Warn-Buffet.
0:35.2	Then Amazon has found a new packaging material to replace those fun little plastic air pillows,
0:40.8	and it's a lot more environmentally friendly. It's Friday
0:44.3	June 21st. Let's ride.
0:47.0	Happy Friday everyone, you know a big theme in recent weeks has been restaurants
0:55.9	from Applebee's to McDonald's slashing prices and offering discounts to lure
1:00.1	customers back. McDonald's five dollar value mill goes on sale next week, but there's one
1:05.5	chain that is holding out Olive Garden. The head of the O.G.'s parent
1:10.4	company said of slashing prices yesterday, we're not doing that.
1:13.6	Even at a time that our competitors have ramped up discounting, says he's playing the
1:17.8	long game and doesn't want to get into a race to the bottom that could hurt
1:21.2	everyone's profits.
1:22.5	What do you think, Toby?
1:23.3	Not only is Olive Garden keeping its prices steady,
1:25.8	it's also going to continue to emphasize its never ending
1:29.2	first course items in its marketing.
	...

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