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.
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.
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.
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, 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.
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.
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.