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Marketplace All-in-One

The life and death of a Virginia newspaper

Marketplace All-in-One

Marketplace

Business, News

4.51.4K Ratings

🗓️ 1 March 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Keith Stickley is the owner of Shenandoah Publications, which prints campus newspapers for colleges around Virginia. He also founded The Free Press, a newspaper that served his hometown and aggressively covered local issues and politicians. But he had to pull the plug on that paper when he just couldn’t make the economics work any longer. We hear his story as part of our Democracy in the Desert series. But first, Congress has barely averted a government shutdown — yet again.

Transcript

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0:00.0

Profit versus humanity when it comes to artificial intelligence.

0:05.5

I'm David Brancaccio. First Congress has averted a government shutdown.

0:10.3

Yesterday the House and Senate passed a funding bill short term though

0:14.3

Nancy Marshall Genser reports. Congress is supposed to pass 12 spending bills

0:18.8

every year to fund government agencies. The legislation should have been

0:22.4

finished before October 1st when the government agencies. The legislation should have been finished

0:22.8

before October 1st when the government's fiscal year started.

0:26.7

Lawmakers missed that deadline and have been passing a series of stopgap bills

0:31.1

to keep the government running.

0:33.0

This latest short-term measure funds about a half dozen federal agencies through March 8th.

0:38.1

The rest get enough money to last until March 22nd.

0:41.5

Congressional leaders say they will have the permanent

0:43.9

spending bills done before those deadlines to prevent a government shutdown, but

0:48.3

there are still areas of disagreement that could bog things down. I'm Nancy

0:52.4

Marshall Genser for Marketplace.

0:54.9

All right, the chat geepty company Open AI is one of the hottest business stories of this era.

1:00.2

Today there's Word Tesla and SpaceX tycoon Elon Musk is suing open AI and its

1:05.8

founder Sam Altman for in Musk's view abandoning its promise to build artificial

1:11.0

intelligence for the benefit of humanity.

1:13.8

The suit targets open AI's alliance with Microsoft calling it quote closed source

1:18.9

de facto subsidiary of the largest tech company in the world.

1:23.0

Musk is one of open AI's founders but is no longer on the board.

...

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