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OpenAI Takes Aim at Google & Southwest Ends Open Seating

Jul 26, 2024
Southwest Airlines is shaking up its business model by ending its open seating policy—will this save the airline? Meanwhile, OpenAI is launching a new search engine to take on Google, shaking up the tech landscape. The latest GDP report indicates a robust U.S. economy, likely leading to a Federal Reserve interest rate cut. In politics, Trump's proposed 'no tax on tips' law raises eyebrows, prompting debate on its real impact on service workers. Finally, a sneak peek into the Paris Olympics reveals emerging scandals and a dramatic Seine River ceremony.
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ANECDOTE

Southwest Ends Open Seating

  • Southwest Airlines is abandoning its open seating policy after 50 years.
  • The airline cited passenger preference for assigned seats in a recent survey.
INSIGHT

Open Seating as a Classless System

  • Open seating was unique to Southwest and symbolized a classless system.
  • However, assigned seating allows for premium pricing and increased profitability.
INSIGHT

Random Boarding Efficiency

  • A Mythbusters study showed that Southwest's random boarding was the fastest way to load a plane.
  • This efficiency is now lost with the move to assigned seating.
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