This year, Spotify’s popular Wrapped feature includes a podcast generated by artificial intelligence that tells users all about their individual listening habits from 2024. But it’s not perfect — at least not yet. We’ll get into it. And, we’ll explain how Amazon is getting into the AI chip game and what Federal Reserve Chair Jerome Powell anticipates from a second Trump administration. Plus, why talks for a global treaty to manage plastic pollution were a bust.Here’s everything we talked about today:“Nvidia Rules A.I. Chips, but Amazon and AMD Emerge as Contenders” from The New York Times“Amazon Announces Supercomputer, New Server Powered by Homegrown AI Chips” from The Wall Street Journal“Powell: Fed’s independence from politics is vital to its interest rate decisions” from AP News“In a 2nd Trump term, Fed independence would go “out the window,” economist says” from Marketplace“Climate activist calls for plastic treaty after UN summit failure” from Reuters“Nations Fail to Reach an Agreement on Plastic Pollution” from The New York Times“Spotify Wrapped 2024 adds an AI podcast powered by Google’s NotebookLM” from TechCrunchJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

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