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Apple Just Declared War On OpenAI

Prof G Markets

1 DAYS AGO
Prof G Markets

Prof G Markets

1 DAYS AGO

Shownote

Ed Elson speaks with Alex Kantrowitz about what Apple’s lawsuit against OpenAI could mean for the startup’s hardware and IPO ambitions. Then, Luke Kawa returns to the show to break down South Korea’s leveraged ETF problem. Finally, Ed gives an update on Tr...

Highlights

This podcast episode dives into the legal battle between Apple and OpenAI, exploring its potential impact on the startup's hardware and IPO ambitions. The discussion then shifts to the volatile South Korean stock market, driven by leveraged ETFs, and concludes with an analysis of a proposed fee on cargo passing through the Strait of Hormuz.
00:03
Apple sues OpenAI for stealing trade secrets
03:24
Apple sues OpenAI over alleged trade secret theft
12:04
If Meta can't crack consumer AI, it's unclear who will.
18:28
Leveraged ETFs now account for 70% of Korean trading volume.
27:30
Trump's fee will raise oil prices and worsen inflation

Chapters

Apple vs. OpenAI: A Legal Showdown That Could Derail Hardware and IPO Plans
00:00
The Fallout: How a Lawsuit Adds to OpenAI's Growing List of Alienated Partners
03:24
Meta's AI Gambit: Can a Cheaper Model Pressure OpenAI and Anthropic?
09:20
South Korea's Casino Market: How Leveraged ETFs Are Fueling Volatility
15:04
A New Strait of Hormuz Fee: Will It Push Oil to $100 a Barrel?
24:26

Transcript

Alex Kantrowitz: if you sit in the sun, you may just get burned, but some people are willing to take that chance. There is this certain degree of nihilism of like, oh well, the world is bad anyway. Why wouldn't I just also get a tan tan maxing? Luke Kawa:...