$10B Wall Street Collapse on Trial & AI Creating Wonder Drugs?
May 9, 2024
28:09
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AI creating wonder drugs, Wall Street pump and brag scheme on trial, renewable energy progress, favorite numbers from Neal, Germany's upheaval over doner kebabs
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Quick takeaways
Google's DeepMind AI is revolutionizing drug discovery by creating new molecular compounds efficiently.
FTX customers recovered 118% of their losses after the company's collapse, showcasing a rare bankruptcy outcome.
Deep dives
Apple's iPad Pro Ad Backlash
Apple faced criticism for their iPad Pro ad that depicted the destruction of artistic tools, leading to negative reactions online and comparisons to previous successful Apple ads, showcasing a rare marketing miss for the company.
AI Revolutionizing Drug Discovery
AI, particularly Google's AlphaFold, is transforming drug discovery by predicting protein structures and creating new molecular compounds faster and more efficiently than traditional methods. This advancement has the potential to revolutionize the pharmaceutical industry, making drug discovery faster, cheaper, and more effective.
FTX Bankruptcy Miracle
FTX customers miraculously recovered 118% of their losses through a bookkeeping marvel after the company's collapse, setting a rare precedent in bankruptcy outcomes. Despite customers recouping their funds, some missed out on potential gains due to gains in crypto markets, highlighting both positives and negatives of the situation.
Episode 319: Neal and Toby discuss the big discovery from Google’s DeepMind using AI to potentially produce new drugs not possible by mere humans. Then, the biggest ‘pump and brag scheme’ that shook Wall Street goes to trial. Next, a new report shows renewable energy sources making progress towards a big clean energy goal. Also, Neal shares his favorite numbers covering FTX refunds, job satisfaction, and Taylor Swift. Lastly, an upheaval is bubbling in Germany over a food staple: doner kebabs