Bloomberg Businessweek

OpenAI Launches Faster and Cheaper AI Model With GPT-4o

May 14, 2024

Bloomberg News AI Reporter Rachel Metz talks about OpenAI's new AI model, Wells Fargo CIB Co-CEO Jon Weiss discusses veteran appreciation, and Personal Finance Reporter Alice Kantor shares a story. The podcast also covers Gen Z's career preferences and Wells Fargo's market insights.

47:31

Creator website

Episode guests

Rachel Metz

Jon Weiss

Alice Kantor

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

OpenAI introduces a faster and more economical version of ChatGPT to maintain a competitive edge in the AI market.

Gen Z is gravitating towards freelance work, leveraging online platforms and AI to evolve in their careers.

M&A landscape remains robust with private equity firms driving activity, fueled by market consolidation and growth opportunities.

Deep dives

Gen Z's Changing Work Preferences

Gen Z is shifting towards a more freelance work model, seeking flexibility and autonomy in their careers. They are embracing online platforms for learning and adopting technologies like AI to enhance their skills and work efficiency.

Introduction

3min

Evolution of Google Search and AI Models

4min

Evolution of AI with Data and Veteran Employment in Finance

2min

Resilience and Support: Valuing Veterans in the Financial Industry

10min

Financial Institutions and Trading Academies

3min

Unveiling the Deceptive Practices of I am Academy

8min

Company Activity, Bloomberg News Feature, Workspace Trends, Gen Z Research Discussion

2min

Navigating the Future Work Landscape with Gen Z

8min

Gen Z's Engagement with Accelerated Trends

3min

10.

Navigating Transition and Market Optimism

5min

11.

Supporting Veterans and Their Families During Transition

3min

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Bloomberg News AI Reporter Rachel Metz discusses OpenAI launching a faster and cheaper version of the artificial intelligence model that underpins its chatbot, ChatGPT, as the startup works to hold on to its lead in an increasingly crowded market. Jon Weiss, Co-CEO of Wells Fargo CIB, talks about the firm’s appreciation of and commitment to US military veterans. Bloomberg News Personal Finance Reporter Alice Kantor shares the details of her Businessweek Magazine story ‘Harvard of Trading’ Ruined Thousands of Young People’s Lives. Dr. Kelly Monahan, Managing Director at Upwork Research Institute, breaks down a new report on Gen Z’s shifting preferences and expectations when it comes to careers and the world of work. And we Drive to the Close with Michael Riley, Co-Head of Markets at Wells Fargo Corporate & Investment Bank.
Hosts: Carol Massar and Barry Ritholtz. Producer: Paul Brennan.

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Bloomberg Businessweek

OpenAI Launches Faster and Cheaper AI Model With GPT-4o

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Gen Z's Changing Work Preferences

Market Outlook and Volatility

M&A Environment and Private Equity Influence

Geopolitical Risks and Market Impact

Support for Veterans and Transitioning from Service

Remember Everything You Learn from Podcasts