Sam Altman’s Return to OpenAI, Meta’s Underage Users, and Guest Alan Patricof | Pivot

Intro

In this episode of the “Pivot” podcast, hosts Kara Swisher and Scott Galloway discuss a range of topics including Sam Altman’s return to OpenAI, Meta’s underage users, and venture capitalist Alan Patricof’s insights on the longevity economy. They also touch on Jeff Zucker’s potential deal with the Daily Telegraph, the normalization of Gulf investments in western media companies, and the impact of advertisers pulling out over anti-Semitic conspiracy theories on Elon Musk. Join Kara and Scott as they delve into these timely and thought-provoking subjects.

Main Takeaways

Sam Altman’s Return to OpenAI

• Sam Altman returns to OpenAI, signaling new directions for the company
• OpenAI’s board is being revamped, with almost all members being replaced
• Altman looks forward to building on OpenAI’s partnership with Microsoft

Meta’s Underage Users

• New complaint reveals what Meta knew about its underage users
• Meta allegedly collected children’s personal information without parental permission
• Meta disabled only a fraction of the reported underage accounts

Alan Patricof on the Longevity Economy

• Venture capitalist Alan Patricof discusses the intersection of technology and the aging population
• Investing in age tech becomes increasingly important as the population ages
• Startups like Carewell and Scentegenics are making strides in the age tech space

Jeff Zucker’s Potential Deal with the Daily Telegraph

• Jeff Zucker nearing a deal to gain control of the Daily Telegraph
• Zucker’s plans include expansion into the US media market
• The Daily Mail could serve as a good proxy for Zucker’s strategy

Advertisers Pulling Out over Anti-Semitic Conspiracy Theories

• Elon Musk may lose up to $75 million due to advertisers pulling out
• Over 200 advertisers have paused or are at risk of pausing ads on the platform
• Companies like NBC Universal, Apple, and IBM have decided not to advertise on the platform

Summary

Sam Altman’s Return to OpenAI

Sam Altman, former president of Y Combinator, is returning to OpenAI, signaling a new chapter for the company. OpenAI’s board is undergoing a revamp, with most members being replaced. Altman expresses excitement about building on OpenAI’s partnership with Microsoft, which aims to advance the field of artificial intelligence.

Meta’s Underage Users

A recent complaint reveals troubling information about Meta’s knowledge of its underage users. It is alleged that Meta collected children’s personal information without parental permission, violating federal children’s privacy laws. Despite receiving over 1.1 million reports of underage users, Meta disabled only a fraction of the reported accounts. This raises concerns about the company’s handling of underage users and the need for stricter regulations.

Alan Patricof on the Longevity Economy

Venture capitalist Alan Patricof discusses the growing importance of age tech and the longevity economy. As the aging population becomes the fastest-growing part of the economy, startups like Carewell and Scentegenics are innovating in this space. Patricof emphasizes the need for corporations to prepare for their aging workforce and highlights the importance of workforce training and retraining. He also advocates for more government oversight in areas such as failed drugs and public opinions.

Jeff Zucker’s Potential Deal with the Daily Telegraph

Jeff Zucker, former chairman of WarnerMedia, is reportedly nearing a deal to gain control of the Daily Telegraph, a British conservative newspaper. Zucker’s plans include expanding the newspaper’s presence into the US media market. The Daily Mail is seen as a potential model for Zucker’s strategy, as he aims to leverage his talent and capital to become a major player in the media industry.

Advertisers Pulling Out over Anti-Semitic Conspiracy Theories

Elon Musk faces potential financial losses as advertisers pull out over anti-Semitic conspiracy theories on social media platforms. Over 200 advertisers, including NBC Universal, Apple, and IBM, have paused or are at risk of pausing their ads on the platform. This highlights the importance of companies upholding certain standards and not advertising on platforms that promote offensive content. It also raises concerns about the lack of legal liability for social media companies and the need for stricter regulations.

Conclusion

This episode of “Pivot” covers a range of important topics, including Sam Altman’s return to OpenAI, Meta’s handling of underage users, Alan Patricof’s insights on the longevity economy, Jeff Zucker’s potential media deal, and the impact of advertisers pulling out over anti-Semitic conspiracy theories. These discussions shed light on the challenges and opportunities in the tech and media industries, as well as the need for responsible governance and accountability.