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The Hustle Daily Show
The rapid rise of weight-loss drugs
Sep 15, 2023
Weight-loss drugs are popular but not covered by insurance, creating an expensive cycle. Arm's IPO and its role in chip design are discussed. Other topics include extreme weather's impact, interest rate hikes, combating AI misinformation, and animated NFL games. The podcast explores the popularity of weight-loss drugs, their impact on patients, and the influence of celebrities and social media.
11:54
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Quick takeaways
- Weight-loss drugs like Osempic and wego V are increasingly popular, but insurance companies are unlikely to cover them, leading to limited access for those who truly need them.
- The popularity of weight-loss drugs among the rich and famous has caused shortages and high prices, leaving ordinary individuals with the tough decision of whether to pay for them themselves and potentially go into debt.
Deep dives
Arm's IPO and Business Model
Arm, a chip maker that designs chips and sells the designs to chip makers, debuted on the NASDAQ with a $54.5 billion valuation. Their business model is based on royalty, and a significant portion of their revenue comes from past products. Arm has strategic partnerships with NVIDIA and TSMC, and while their early momentum is promising, it is uncertain if it will sustain in the long term.
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