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Morning Brew Daily

Circle K Owner Wants to Buy 7-Eleven & This Tech CEO Hates AI

Aug 20, 2024
29:56
Snipd AI
Toby, the CEO of Procreate, a leading design app opposing generative AI, discusses the impact of AI on artists' livelihoods and contrasts their stance with larger firms like Adobe. The conversation turns to Circle K's $38B bid for 7-Eleven, highlighting the potential upheaval in the convenience store market. They also explore rising startup failures and a trend of digital wedding invites via text. Lastly, a Wyoming mayoral candidate proposes using AI for governance, igniting a debate on ethical AI use.
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Podcast summary created with Snipd AI

Quick takeaways

  • Procreate CEO James Kuda's rejection of generative AI emphasizes the ongoing debate about AI's impact on artistic integrity and creativity.
  • Circle K's proposed acquisition of 7-Eleven highlights complex regulatory and cultural challenges that could impede the creation of a global convenience store giant.

Deep dives

The Search for Missing Tech Mogul

A British tech mogul, Mike Lynch, is among six people missing after a super yacht sank off the coast of Palermo, Sicily, during a violent storm. This incident occurred just after Lynch celebrated being acquitted of charges related to a long legal battle stemming from his company's sale, which had previously garnered significant media attention. With 22 individuals aboard the yacht, 15 were rescued, and unfortunately, one person was found deceased. The search is ongoing for the remaining missing individuals, including Lynch and another high-profile executive.

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