YouTube has heavily invested in fostering a healthy relationship with its creators through a 50/50 revenue split with ads and addressing community concerns. This approach, borrowed from the Silicon Valley tradition, has enabled YouTubers to operate like mini production studios, creating a small business economy. However, venture capitalists have been disappointed as YouTube's space does not offer huge margins or growth potential. The discussion shifts to AI investment concerns, suggesting that AI models producing mediocre work may lead to competing on price rather than quality, impacting profit margins. The debate questions whether society should invest trillions in AI advancements which currently yield unremarkable results, drawing a parallel to early skepticism about the internet's potential despite optimism for improvement in the future.
Kara and Scott discuss the Department of Justice's antitrust suit against Live Nation, News Corp's $250 million deal with OpenAI, and Nestle's new frozen food brand aimed at Ozempic users. Then, Scarlett Johansson alleges OpenAI copied her voice after she refused to license it to Sam Altman, though new reporting says a voice actress was hired months earlier. How does OpenAI move past these accusations, and regain trust? Plus, Nvidia shares blockbuster earnings, while Trump Media's numbers are lackluster. Finally, our Friend of Pivot is Julia Angwin, CEO and founder of Proof News, and a contributing opinion writer for the New York Times. Julia shares why she thinks AI hype is overblown, and why she opposes the TikTok ban.
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