Morning Brew Daily MrBeast, Tom Hanks Warn of AI Deepfakes & Why Mortgage Rates Keep Soaring
Oct 4, 2023
The podcast dives into the soaring mortgage rates driven by record bond sales. Celebrities like Tom Hanks and MrBeast raise alarms about the dangers of AI deepfakes threatening public trust. A surprising twist reveals millennials are doing better financially than expected. The discussion also touches on the evolving tipping culture in restaurants, contrasting U.S. practices with other countries. Plus, anxiety over bedbug infestations is on the rise ahead of the Paris Olympics, while TikTok reshapes engagement strategies for brands.
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Bond Yield Impact
- The 10-year Treasury yield's surge to a 16-year high impacts everything from mortgage rates to global asset values.
- This reflects a shift to higher interest rates, impacting investor risk appetite and potentially destabilizing markets.
Deepfake Scams
- AI deepfakes of Tom Hanks, Gail King, and MrBeast promoting products have emerged online, raising concerns about the technology's misuse.
- These incidents highlight the growing need for platforms to address the spread of AI-generated misinformation.
Tipping Debate
- Chicago's proposed law eliminating tipped wages for restaurant staff has sparked debate about tipping culture.
- While advocates argue for fairer wages, restaurant owners anticipate higher menu prices and potential service charges.