Vail’s Slopes, Youth Sports, & An AI Lawsuit 12/28/23

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 28 December 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

The New York Times is suing OpenAI and Microsoft over copyright infringement, opening big media’s first legal case against content use in training large language models. Tusk Ventures CEO Bradley Tusk explains the timing and the repercussions of this action for tech innovation and the future of news. Apple’s sales in 2023 have declined, but Apple’s stock is soaring. CNBC’s Steve Kovach discusses the company’s headwinds and tailwinds, as well as the temporary pause on a ban of some US Apple Watch sales. Youth sports are an estimated $37.5B market, and private equity is deepening its stake. Waud Capital’s youth sports management company TeamSnap has acquired MOJO, a kids sports streaming platform. MOJO founder and former media executive Ben Sherwood joins TeamSnap CEO Pete Frintzilas to discuss the network of kids, parents, and coaches paying for youth sports resources. The Plus, Vail Resorts CEO Kirsten Lynch is in the midst of ski season. She shares how her company is expanding its network of slopes in the US, Europe, and even Australia. Steve Kovach - 5:30 Bradley Tusk - 11:25 Ben Sherwood & Pete Frintzilas - 17:19 Kirsten Lynch - 27:00 In this episode: Ben Sherwood, @BenSherwood Leslie Picker, @LesliePicker Michael Santoli, @michaelsantoli Brian Sullivan, @SullyCNBC Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Hi, I'm C. NBC producer Katie Kramer, and this is Squawk Pod.
0:09.2	The New York Times suing Open AI and Microsoft for copyright infringement.
0:14.0	Tech investor Bradley Tusk says AI's a big threat to the newsbiz.
0:18.0	Open AI breaks through the paywalls because they're just taking all the content and synthesizing it for me.
0:24.8	And youth sports is a huge market.
0:27.2	Who knew?
0:28.2	Parents.
0:29.2	Private equity is getting a piece and media executive turned kids sports streamer Ben Sherwood says
0:34.7	tech innovation in the field is welcome.
0:37.0	The youth sports in one app making it easy for a coach, for a parent, for an
0:42.3	organizer simplifying the whole process and as you know it's chaos out there.
0:47.0	Plus the best of Squach's holiday season, an interview from the slopes of Colorado with Vale Resort CEO Kirsten Lynch.
0:54.0	She's setting her sights and skis on international mountains.
0:57.0	Vale or Breckenridge or Whistler Black Home, Park City,
1:02.0	and even now in Europe.
1:04.0	There are almost three times the number of skier visits in Europe
1:08.8	as there are in North America.
1:11.0	It's Thursday, December 28th, Squawk Pod begins right now.
1:15.0	First up today on the podcast, All the News that's fit to print versus artificial intelligence.
1:24.0	The New York Times has filed suit against Microsoft and Open AI,
1:27.8	the company behind, chat gPT, accusing them
1:31.0	of abusing the newspaper's intellectual property.
	...

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