leadership change

Paramount Global replaced Chief Executive Officer Bob Bakish, appointing a management committee as the board negotiates a possible change in control of the company. Three of Paramount’s most senior executives — film and kids programming chief Brian Robbins, Showtime/MTV head Chris McCarthy and George Cheeks, who leads CBS — will run the company, according to a statement released Monday.

Bloomberg TV and Radio hosts Romaine Bostick, Scarlet Fu, Tim Stenovec and Emily Graffeo discuss the news. Then, Tim and Emily speak with Bloomberg News Entertainment Editor Chris Palmeri for analysis and reaction.  

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Joe Biden’s chances against Donald Trump in November do not look good. He is unpopular and his age puts many Americans off. How did it come to this? And what can the Democrats do about it?

John Prideaux hosts with Charlotte Howard and Idrees Kahloon. They’re joined by Congressman Dean Phillips, who is primarying Mr Biden, and The Economist’s Edward Carr.

Sign up for a free trial of Economist Podcasts+. If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.

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Your morning briefing, the business news you need in just 15 minutes. On today's podcast:
(1) Israel and Hamas backed a deal that will free dozens of hostages from Gaza in return for a four-day pause in fighting and the release of a number of Palestinian prisoners — the first lull in a conflict that began Oct. 7 and has killed thousands of people.

(2) OpenAI will bring back Sam Altman and appoint new board members, after nearly all of its employees threatened to quit over his surprise ouster. Altman is returning to his role as chief executive officer and the new board will be chaired by Bret Taylor and include Larry Summers and Adam D'Angelo.

(3) UK Chancellor of the Exchequer Jeremy Hunt aims to boost business investment by £20 billion ($25 billion) a year by unleashing a package of measures on Wednesday including making permanent a 100% tax relief on investment spending by British businesses. 

(4) Binance Holdings and its Chief Executive Officer Changpeng Zhao pleaded guilty to anti-money laundering and US sanctions violations under a sweeping settlement with the US that allows the cryptocurrency exchange to continue operating.

(5) Nvidia investors gave a cool reaction to its latest quarterly report, which blew past average analysts' estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom. 

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The last 72 hours for OpenAI and ChatGPT has been insane! So with Sam Altman, the CEO of OpenAI, apparently leaving for Microsoft, what does it mean for the future of ChatGPT and OpenAI? We're breaking down this crazy saga and going over 7 things you need to know about OpenAI.

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Website: YourEverydayAI.com
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Connect with Jordan on LinkedIn

Timestamps:
[00:02:14] Daily AI news
[00:06:00] Recap of OpenAI drama
[00:10:55] #1 - The Ink Hasn't Dried
[00:14:55] #2 - There are More Unknowns Than Knowns
[00:21:40] #3 - This Impacts The US Economy
[00:27:35] #4 - OpenAI is at Great Risk
[00:33:15] #5 - The OpenAI Board is Inept
[00:42:00] #6 - Satya Nadella is the GOAT
[00:45:35] #7 - OpenAI Downfall Could Be Catastrophic
[00:51:35] Winners and Losers of the OpenAI situation

Topics Covered in This Episode:
1. Sam Altman leaving OpenAI and the Future of the Organization
2. Speculation on the Possible Role of Adam D'Angelo in Sam Altman's Firing
3. Satya Nadella's Influence and Microsoft's Potential Role
4. Potential Consequences for OpenAI
5. Growing Discontent of OpenAI Employees

Keywords:
Adam D'Angelo, Quora, OpenAI, Poe.com, chatbots, monetization, GPTs, GPT store, competitors, speculation, board, Sam Altman, firing, Satya Nadella, Microsoft, GOAT, mediation, conversations, investors, market cap, employees, stock options, equity, instability, talent, institutional knowledge, succession plan, crisis communication, Amazon, Anthropic, Google, AI, ChatGPT

OpenAI’s ousted CEO secures a new gig, Argentina shocks the world and elects a libertarian outsider as president, and millions of people get set to travel this week. Get the facts first with Morning Wire.

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Sam Altman Has been fired as CEO of OpenAI, joining Microsoft this morning and sending the internet into a spiral. Here's everything you need to know about what went down and what it all means for the world.

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TIMESTAMPS

00:00 What Happened?
https://x.com/OpenAI/status/1725611900262588813?s=20 
https://openai.com/blog/openai-announces-leadership-transition 
https://x.com/sama/status/1725631621511184771?s=20 
https://x.com/gdb/status/1725736242137182594?s=20 

06:25 OpenAI Board Members
https://twitter.com/ilyasut?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor 
https://twitter.com/adamdangelo?lang=en 
https://www.linkedin.com/pulse/tasha-mccauley-wikipedia-joseph-gordon-levitt-wife-ali-raza-3gsbf/?trk=article-ssr-frontend-pulse_more-articles_related-content-card 
https://cset.georgetown.edu/staff/helen-toner/ 

11:59 The New CEO
https://x.com/eshear/status/1726526112019382275?s=20 
https://x.com/adcock_brett/status/1726484049664057789?s=20 
https://x.com/EffMktHype/status/1726558177028935770?s=20 
https://x.com/Jason/status/1726492873775079807?s=20 

16:32 Microsoft's Role
https://x.com/satyanadella/status/1726509045803336122?s=20 
https://x.com/sama/status/1726510261509779876?s=20
https://x.com/balajis/status/1726515841221681619?s=20 

22:27 Employee Pushback
https://x.com/miramurati/status/1726542556203483392?s=20 
https://x.com/ilyasut/status/1726590052392956028?s=20 

25:01 The Future of Silicon Valley

28:03 Decel vs e/acc
https://x.com/hosseeb/status/1726492186953535764?s=20 

31:11 Takeaways

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Not financial or tax advice. See our investment disclosures here:
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Jacinda Ardern resigned as New Zealand’s prime minister last week. As Chris Hipkins prepares to take over, we reflect on Ms Ardern’s legacy, and look at the challenges her successor inherits. What the world’s plethora of grandparents means for families. And which issues currently motivate America’s far-right.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Today we talk about the Elon Musk & Twitter deal-or-no-deal (2:14). Then we get into two big pieces of Uber news today: first, over a hundred thousand leaked documents about Uber’s aggressive expansion efforts back in the early days (20:47), and second, present-day Uber under Dara is testing out geo-located ads (33:18). Finally, we’ve also got some insider dirt from Apple’s autonomous car efforts (49:20).

(0:00) Jason and Molly intro today’s show

(2:14) Elon Musk calls off the Twitter deal

(12:49) Dell For Startups - Apply for Dell for Startups and get an additional 10% off of all Dell Latitude products at http://dell.com/twist

(13:58) Is Twitter a niche product?

(19:28) This podcast is sponsored by BetterHelp - Get 10% off your first month at https://betterhelp.com/twist

(20:47) The Guardian obtained 124,000 leaked internal documents from Uber’s global expansion phase under Travis

(32:04) Thorne - Personalized, science-back wellness. Get 10% off your first order at thorne.com/u/TWIST

(33:18) Uber is testing its ad business

(49:20) Apple Car project has faced repeated setbacks

(58:39) Outro + Plugs