Slate Daily Feed Slate Money - A Second Gold Toilet!?
Nov 1, 2025
The hosts dive into OpenAI's transition from nonprofit to for-profit, debating its impact on safety and funding. They also tackle skyrocketing Affordable Care Act premiums and the political circus surrounding healthcare affordability, especially for vulnerable groups. On a lighter note, Maurizio Cattelan's gold toilet emerges from obscurity, set to be auctioned off, raising questions about its art historical significance and potential buyers. Plus, quirky cultural tidbits like Japan's handbag craze and a K-pop costume sellout add flair!
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Episode notes
Verify B Corp Claims Before Trusting Them
- Don't claim B Corp status unless you hold B Lab certification and meet the standards.
- Use third-party certification to credibly signal genuine social and environmental performance.
Ive Acquisition And Secret Hardware
- OpenAI bought Jony Ive's firm to pursue a secret hardware product and spent heavily on a promotional video.
- The acquisition reportedly cost about $6 billion and has progressed more slowly than hoped.
Nonprofit Arm Could Fund Philanthropy
- The nonprofit arm will hold equity and likely sell shares in an IPO to fund philanthropic projects.
- That could produce billions for public causes, but spending choices remain untested at scale.
