This Week in Startups

Woke Google Maps, how Wells Fargo is losing money on fintech, and the global AI race | E1967

Jun 17, 2024

01:11:30

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Topics include woke Google Maps, Wells Fargo's fintech struggles, AI progress in China and Japan, AGI race, financial workflow management, and challenges in UPI dominance. Also, discussions on safety features in Google Maps, online payment methods, and global AI development

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Quick takeaways

Google Maps faces criticism for lack of 'most scenic route' feature, highlighting equity concerns in navigation choices.

Wells Fargo incurs losses from customers paying off credit card balances immediately, emphasizing the importance of sustainable fintech models.

Chinese and Japanese advancements in AI drive competition and price cuts, showing the global race for AI dominance and localized language model development.

Deep dives

Woke Google Maps

Google Maps was criticized for not having a 'most scenic route' feature due to concerns about equity and avoiding reinforcing spatial inequality, leading to discussions on the impact of navigational choices on local economies and neighborhoods.

The Importance of Entry Level Jobs

01:32

Simplicity Over Complexity in Financial Decision-Making

00:59

Localized and Cost-effective LLMs Empowering Language Diversity

01:53

Teaching Kids Investment through a Fun App

01:33

Intro

2min

Equity Concerns in Routing on Google Maps

7min

Product Decision-making Process, 'Woke' Usage, Safety in Google Maps, and Online Payment Methods

3min

Safety Features on Google Maps, Evolution of Language, and Fintech Services

12min

Challenges with customer behavior and unsustainable practices in the FinTech and sweepstakes industry

4min

Business Deals, Amazon Prime, and Frustrations with Online Shopping Platforms

12min

Globalization, Influence of American Tech Giants, and Financial Workflow Management for Startups

4min

Challenges in UPI Dominance and AGI Race

6min

Exploring Automated Ordering Systems, Entry-Level Jobs, Financial Literacy, and Investing

21min

10.

Discussion on the upcoming election, double haters, and Dave Chappelle's show

2min

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Todays show:

Alex Wilhelm joins Jason to discuss woke Google Maps (1:57), Bilt & Wells Fargo dynamics (16:20), AI progress in China and Japan (32:00), and more!

Timestamps:

(0:00) Jason and Alex kick off the show

(1:57) Woke Google Maps

(9:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(16:20) Bilt and Wells Fargo fintech dynamics

(17:00) CNBC interview with Bilt founder Ankur Jain

(25:50) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

(32:00) AI progress in China and Japan

(39:41 ) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

(45:09) Defining AGI and its implications