Facebook turned 20 over the weekend, so we’re taking a trip down memory lane. Guest host Matt Levin joins the pod to discuss the parallels between the (begrudging) acceptance of Facebook and the rise of artificial intelligence. And the SAT requirement is back at a top college and others may follow suit. We’ll talk about what this means for students. Plus, a Kai rant on how traders are responding to Powell’s “60 Minutes” interview, and the Make Me Smile of all Make Me Smiles … it’s the 2024 Puppy Bowl!
Here’s everything we talked about today:
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Why the Fed won’t hop on the rate-cutting bandwagon just yet
What summer heat waves mean for prisons
The good, the bad and the ugly of election polling
A shadow looms over the Fed
The long game of high interest rates
The growing troubles at OpenAI
A Trump-Musk bromance
How Big Food changed the way we eat
Biden doubling down on tariffs
How the Palestinian financial system is tied up in Israel
Private equity, endless shrimp and Red Lobster’s decline
Neoliberalism’s sleight of hand
Getting deep about deepfakes
The price tag on friendship
Whaddya wanna know about key inflation measures?
The great Bumble fumble
From “Million Bazillion”: What are labor unions?
The value of “third places”
What grocery aisle gossip can tell us about the economy
The lowdown on joint fundraising committees
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