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RiskReversal Pod

Okay, Computer 9/27: I Sigh with My Little AI; Conversations with Deirdre Bosa and Scott Cohen of JKBX

RiskReversal Pod

RiskReversal Media

Business News, Business, Investing, News

4.6757 Ratings

🗓️ 27 September 2023

⏱️ 57 minutes

🧾️ Download transcript

Summary

Dan Nathan and Deirdre Bosa of CNBC give a vibe check on big tech (1:25), Amazon steps up AI race with up to $4 billion deal to invest in Anthropic (6:15), Meta’s Llama (8:32), chatbot integrations ( 9:30), the A.I. fever broken (11:00), Microsoft working on a plan b to Open A.I. (13:45), FTC Sues Amazon, Accusing Company of Illegal Online Retail Monopoly (17:00), Apple quiet on A.I. (19:20), and autonomous vehicle rides (21:50). Later, Dan sits down with Scott Cohen, CEO of JKBX, to discuss how he got started in the music industry (25:05), leveraging the early days of the internet (27:45), about JKBX (34:00), music as an asset class (47:40), how fans can participate (48:50), disclaimer (51:10), how to access the JKBX platform (52:30), music being recession-proof (53:40), and what they are focusing on in phase 1 (55:05). Learn more about Ro body: ro.co/okay Email us at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We’re on social: Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page

Transcript

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0:00.0

All right, welcome to OK Computer. I'm Dan Nathan, joined by Dear Jrabosa. She is the host of

0:07.0

CNB's Tech Check, and she is hot off the TV to join us on the Fine Pod. D. Welcome.

0:12.4

It's a busy TV day. I rushed to the camera, from one camera to another.

0:16.1

I know. Now you're on the mic and the camera. We're going to get to what you were just reporting on.

0:21.0

We're going to talk about just everything going on in AI.

0:23.7

And it seems to be really concentrated around the biggest names in the NASDAQ right now

0:28.2

and making some really big moves and some of the biggest names in the private markets.

0:32.0

And this week it's Amazon and Anthropics.

0:33.7

We're going to talk about that. Also, after D&I get done with all this, stick around for a

0:37.8

conversation I had with Scott Cohen. He's the CEO of Jukebox. That's JKBX. This is the first

0:44.1

platform that will offer fans, retail investors and music lovers like me, the opportunity to

0:49.5

invest in music royalties at scale. This is a fascinating conversation for people interested in music,

0:55.2

people interested in kind of web three sort of themes as it talks about kind of fans participating

1:00.4

in the ownership of different things. But also, if you're interested in markets and secondary

1:04.5

markets and the like here, Scott and I went over a lot of really interesting things, Dee.

1:08.3

I think this is going to be something that you are going to see on CNBC in the not so distant future, probably reporting on. So stick around for that conversation. All right. Let's do it.

1:17.1

You piqued my interest. I want going to get to the Amazon thing in a

1:27.9

second here. But the NASDAQ feels like it has a different vibe over the last week or so. And really

1:32.9

started with Fed Chair Powell last week saying that Rachel could say higher for longer. Jamie Diamond is out

1:38.3

overnight, I think to the Times of India, which is odd that he would make this point that we could see Fed funds as high as

1:44.6

7% and the world is not ready for it. Why not actually take the mic here in the U.S.

1:50.2

and offer that up. But what was interesting is that the knee-jerk reaction of high-valuation

...

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