Slate Money - Peak AI Frenzy
Slate Daily Feed
Slate
3.9 • 1.1K Ratings
🗓️ 14 June 2025
⏱️ 51 minutes
🧾️ Download transcript
Summary
This week: Warner Brothers and Discovery breakup again. Felix Salmon, Emily Peck and Elizabeth Spiers examine the undoing of the three-year-old merger. Then, the hosts discuss runaway AI valuations as Meta spends billions on AI and xAI raises equity off a multi-billion dollar valuation. And finally, what effects are Trump’s aggressive immigration policies having on the economy?
In the Slate Plus episode: What happened to happy hour?
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.
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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. I'm Felix Salmon. |
| 0:21.3 | I'm here with Elizabeth Spires, who has many jobs, at least one of which is New York Times |
| 0:25.7 | related. |
| 0:26.2 | Hello. |
| 0:26.8 | Emily Peck of Axios. |
| 0:28.8 | Hello. |
| 0:29.4 | Hello. |
| 0:29.6 | Hello. |
| 0:29.8 | We are going to talk about the latest M&A news out of the media world, which is Warner Brothers Discovery breaking up into two parts. |
| 0:40.6 | Why it's doing that, what it all means, what it means for David Zazlav. |
| 0:44.4 | We are going to talk about AI and the crazy valuations that are being raised right now, |
| 0:51.1 | or used or monetized, whatever you want to call it. |
| 0:53.6 | We are going to talk about Donald Trump's immigration crackdown |
| 0:57.4 | and whether and when it's going to have major economic consequences. |
| 1:01.3 | We have a Slate Plus segment on going out for drinks after work, |
| 1:07.6 | which is apparently something that doesn't happen anymore. |
| 1:10.5 | It's all coming up on Slate Money. |
| 1:13.6 | Race the rudder, raise the sails, raise the sails! |
| 1:24.6 | Captain, an unidentified chip approaching. Over. |
| 1:28.3 | Roger that. |
| 1:29.3 | Wait, is that an enterprise sales solution? |
| 1:33.3 | Reach sales professionals, not professional sailors. |
... |
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