Morning Brew Daily

Wall Street Battles Banker Burnout & Is OpenAI Really Worth $150B?

Sep 13, 2024
The podcast dives into Wall Street's battle against banker burnout as firms attempt to improve working conditions. Boeing faces a looming strike with 33,000 workers ready to walk, raising questions about corporate culture. OpenAI is in the spotlight, trying to boost its valuation to $150B as it launches a smarter AI model. The gaming industry struggles with recent layoffs, while Apple innovates with AirPods that now function as hearing aids. The NSA even joins the conversation with its own podcast aimed at enhancing public image.
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ANECDOTE

Triskaidekaphobia in NYC

  • Most New York high-rise apartments omit floor 13 due to triskaidekaphobia.
  • Toby avoids the number 13, never stopping the microwave or leaving the TV volume at 13.
INSIGHT

Banker Burnout

  • Junior bankers at JP Morgan and Bank of America face intense workloads, prompting new policies.
  • These changes follow concerns about overwork and potential health risks after a banker's death.
ANECDOTE

Boeing Strike

  • Boeing faces a strike by 33,000 workers after they rejected a proposed contract.
  • The union seeks a 40% raise, while Boeing offered a 25% increase and local production commitment.
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