Slate Money | A Second Gold Toilet!?

Slate News

Slate Podcasts

News, News Commentary, Politics

4.6 • 6K Ratings

🗓️ 1 November 2025

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: OpenAI has moved away from being run as a non-profit. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss the stated reasons behind the move and what it actually means to be a not-for-profit company. Then, the rates for next year's Affordable Care Act marketplace insurance have come out, and the prices have skyrocketed, reflecting an increase in healthcare costs across the board in the US. The hosts examine the reasons for this depressing trend. And finally, lovers of Maurizio Cattelan’s “America”, rejoice. Though his original piece was stolen, it turned out there was a spare 14k gold toilet all along and it will be auctioned off at Sotheby’s amid record high gold prices. In the Slate Plus episode: AI Job Apocalypse…Now? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to Slate Money, your guide to the Business and Finance News of the Week.
0:15.2	I'm Felix Hammond of Bloomberg.
0:16.8	I'm here with Emily Peck of Axios.
0:18.7	Hello.
0:19.7	I'm here with Elizabeth Spires of the New York Times.
0:22.2	Hello.
0:25.0	And we are on YouTube.
0:27.3	So we are like, you can see us saying hello.
0:30.8	I mean, can you imagine anything more fun than literally watching your favorite slate money
0:36.1	go hosts say hello? You can do that now i am in a dimly
0:43.3	lit room in bali canini in ireland emily peck is in westchester and is preparing for the marathon
0:49.6	elizabeth peck is in sorry no elizabeth spires Spires is in Brooklyn and is going to be cheering on the marathon.
1:00.0	But before we get to that point, we are going to have conversations.
1:06.0	We are going to have discussions.
1:08.0	We are going to talk about OpenAI, which is now a fully fledged
1:11.8	for profit company, albeit a PBC. We'll discuss what a PBC is. We are going to talk about
1:19.5	health insurance and how very expensive it is, which is not good. And it's also caused this
1:25.8	whole government shutdown, many bad things we are
1:29.7	going to talk about a solid gold toilet that is coming up for auction at
1:34.0	Sothebiz we have a slate plus segment for the ages wherein Emily Peck
1:40.7	rants about job openings and job losses and whether any of them can be attributed
1:45.8	meaningfully to AI. It's a good one this week and it's all coming up on Slate Money.
	...

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