The Best One Yet 🐭 “Mouse Trap” — Disney’s epic shareholder vote. Billie Eilish’s anti-AI letter. Amazon’s Just-Walk-Out shutdown.
Apr 4, 2024
Billie Eilish, Nikki Minaj, and Pearl Jam discuss Disney's shareholder vote, artists' concerns about AI in music, and Amazon's shutdown of 'Just Walk Out' tech. The episode also touches on changing work patterns and trends like Thursday becoming the new Friday.
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Disney Shareholder Showdown
- Disney CEO Bob Iger prevailed against activist investor Nelson Peltz, securing 69% of the shareholder vote.
- Peltz, despite losing, influenced Disney to prioritize profits, demonstrating activist investors' impact.
Activist Investor Influence
- Activist investors can achieve their goals even if they lose the vote.
- Their campaigns can pressure companies to adopt desired changes, like Peltz's influence on Disney.
Just Walk Out's Failure
- Amazon abandoned its "Just Walk Out" technology due to reliance on human review.
- A team in India reviewed 70% of transactions, making it less innovative and more of a trick.