OpenAI’s First Device is a Speaker? & Permanent Daylight Saving Passes The House
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What is the main topic discussed in this episode?
Are you sucking wind from trying to keep up with AI and its impact? Take a breather and tune in to The Intelligence Shift, Morning Brew's new podcast with PwC. It bridges the gap between big picture AI concepts and what it actually means in practice. Host Dan Priest is joined by expert guests to discuss AI's role in sports, music, HR, and more. Listen to The Intelligence Shift wherever you get your podcasts.
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, is the U.S. done with switching our clocks?
Ben, OpenAI wants to put a smart speaker in your house. It's Thursday, July 16th. Let's ride.
It is so great to be back with you all, and huge thanks to Ray, Kayla, and Kyle for filling in with pure class. Jeez, Toby, we've been in the UK for too long. Didn't know we were returning to Arrakis, but that appears to be the case. Three years after wildfire smoke blanketed the Northeast in an apocalyptic orange haze, Deja vu all over again as the Midwest, Northeast, and Mid-Atlantic are suffering through smoky conditions expected to last throughout the week. The cold for this time, more than a dozen fires in western Ontario and northern Minnesota are sending smoke eastward and could cause around 100 million people in the U.S. to face unhealthy air quality. While officials suggest you take precautions, it's not going to be as bad as last time.
In 2023, the Air Quality Index reached a record high of 465 in New York City. Yesterday, it ranged between 101 and 150. Still, combined with a brutal heat dome, be careful out there. And if you need tips, ask the Fremen.
So I checked this morning and the three cities with the worst air quality in the world right now are Detroit, Minneapolis, and Toronto, followed by Kinshasa in the DR Congo and Delhi, India.
What top headlines open the episode and why is air quality a concern today?
New York is 12th, which is hard to believe because when we flew in yesterday, it literally looked like we were descending into a campfire smoke cloud. It was so hazy. We were also asked to play a soccer game yesterday for Morning Brew FC, walked outside, immediately started coughing and sneezing. Just going to the subway, so we put the ixnay on that. But everyone, stay safe out there, especially if you're in Canada or Minnesota or anywhere affected.
And now a word from our sponsor, Ultra Running. Toby, what size shoe are you? We don't have to get into that.
They're definitely not small or anything.
Good to know. And good for our listeners. Ultra actually makes shoes shaped like feet, and the Ultra Fit is designed to give you room for your toes for comfort, balance, and strength.
So most running shoes are narrow at the toe, but Altra has more room for your toes to fill so they can spread out and your feet can stay in a natural position.
No matter how petite your feet.
And that's not mean, just rhymes. Sure. Use promo code MORNINGBREW10 for 10% off your first pair of Altra running shoes at altrarunning.com slash morningbrew. That's A-L-T-R-A running.com slash morningbrew. IBM stands for International Business Machines, but it might as well stand for It Is Bad Man after the performance it had in the market this week. It started on Tuesday when the company pre-announced disappointing Q2 results eight days before its normal earnings, an unusual move that ignited fears about AI spending cannibalizing its bread-and-butter software sales. The market reacted swiftly, with shares falling 25%, the worst one-day slide since 1968. CEO Arvind Krishna said, Basically, IBM customers shifted their budgets towards AI servers, storage, and memory chips, and away from software consulting and the boring mainframe systems that IBM specializes in.
It wasn't just IBM either. Software stocks in general have been getting dumped all week, including Salesforce, ServiceNow, and Adobe, with consulting firms like Accenture and Cognizant getting caught up in the crossfire too. It's giving shades of the so-called SaaSpocalypse from earlier this year, when every anthropic feature drop caused the market to freak out. that AI would eventually replace specialized software.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:01–1:54
2
What top headlines open the episode and why is air quality a concern today?
1:54–15:49
3
Why did IBM shares plunge 25% and what does the ‘SaaSpocalypse’ mean for software stocks?
15:49–20:35
4
How is AI budget reallocation hurting legacy companies like IBM?
20:35–30:54
Speakers
3 identifiedMore from Morning Brew Daily
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