The Global Economy is STRUGGLING & Duolingo Ditches Contractors for AI

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 10 January 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 232: Neal and Toby talk about the World Bank’s latest forecast indicating a slowing global economy for the third straight year. Then, politicians are the latest being ‘swatted’ — a scary trend that has its roots from Twitch. Plus, the battle between grocery chains and food suppliers has each side blaming the other as the problem. Finally, Duolingo cuts its workforce for AI, dog meat is banned in South Korea, and what ‘The Sopranos’ meant for TV 25 years later. Bada bing! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning Brew Daily Show. I'm Neil Freiman and I'm Toby Howell. Today the World Bank
0:05.5	warns of a wasted decade for the global economy. Then more and more politicians have been
0:10.4	the subject of swatting. We'll tell you what exactly that is in just a bit.
0:15.2	It's Wednesday, January 10th. Let's ride. Yesterday afternoon in a long anticipated move the
0:27.7	security and exchange commission tweeted that it had proved a spot
0:31.6	Bitcoin E. T. F. a watershed moment for Wall Street's embrace of
0:35.4	crypto currencies.
0:36.9	crypto prices spiked, euphoria rained on the internet, and even SBF let out a fist pump
0:41.8	from his jail cell.
0:43.0	There was just one problem.
0:45.0	The SEC hadn't approved the E.T.
0:48.0	Its ex-account was hacked and 20 minutes after the first tweet,
0:51.0	it followed, it posted a follow-up
0:53.4	saying it had not green-lighted the fund.
0:56.0	So what initially was a celebratory moment
0:58.8	turned into a major cybersecurity incident
1:01.4	involving the country's top financial services
1:03.8	regulator. But what a fun 20 minutes it was the memes were flying everyone was
1:08.2	very very excited. You can look at this in two ways though like maybe whoa X slash Twitter has this huge
1:14.2	cybersecurity problem this is not the first major hack we've seen on this platform
1:18.0	or the SEC itself has a has bad security on its X account and according to reports it did not even have two-factor
1:26.1	authentication on come on SEC two-factor authentication that's base level stuff.
	...

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