AI Advancements and Market Shifts

Now Alphabet has monster layoffs to announce. How much of it is about getting Google ready to battle OpenAI? More Twitter bans, but this time, the bans are for all 3rd party clients. The big executive shakeup at Netflix. Genesis officially files for bankruptcy, and in the Weekend Longreads Suggestions, the reasons why the humble pizza box is one of the worst designed products in existence.

Sponsors:

• The Pegasus Investment Round! Email sam@thepegasus.app (Listener ad!)
• NFTTallinn.com and code RIDE for 10% of all tickets! (Listener ad!)

Links:

• Google to Cut 12,000 Jobs in 6% Reduction of Global Workforce (Bloomberg)
• Twitter’s new developer terms ban third-party clients (Engadget)
• Netflix co-founder Reed Hastings to step down as chief executive (FT)
• Crypto Lender Genesis Files for Bankruptcy as Crisis Spreads (Bloomberg)
• Google Calls In Help From Larry Page and Sergey Brin for A.I. Fight (NYTimes)

Weekend Longreads Suggestions:

• How Amazon Became Ordinary (Ritholtz.com)
• Who Owns the Generative AI Platform? (a16z)
• The Steam Deck wasn’t born ready, but it’s ready now (The Verge)
• A WIRED compendium (The Future, Now and Then)
• You Don’t Know How Bad the Pizza Box Is (The Atlantic)

Brian's Episode on the Metacast podcast!

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