🥜 “PB & Profits” — Uncrustables’ $1B sandwich. The Mullet Stock Market. Klarna’s AI Ozempic.

976.064 - 997.157 Jack

And you've probably noticed buy now, pay later with Klarna on checkout pages, which can be tempting. they've strategically noted right where you could pay that, in fact, you could pay later instead. And with pinched wallets, the Associated Press expects record numbers of buy now, pay later this holiday season. In this economy, Gen Z is buying that Q top now, but they're paying for it later.

997.698 - 1022.13 Jack

They're turning Klarna into a verb. But there's actually something quite novel to Klarna's business model that we haven't mentioned yet. Good point, Jack. And what is that? Artificial intelligence. In fact, a very intense use of artificial intelligence. Yetis, Klarna, they actually just boasted a surprise profit because of how they used AI. They're using AI to cut their biggest costs aggressively.

1022.19 - 1043.419 Jack

Get this. Klarna's customer service chatbot was actually developed by OpenAI, and they used that chatbot To replace 700 workers. And Klarna's not shy about that. They're actually boasting that they replaced 700 customer support workers with one chatbot. It's almost like they've turned this into a marketing campaign.

1043.459 - 1062.706 Jack

Jack, didn't they release like four separate press releases about replacing 700 human workers with AI? I think the marketing campaign is to potential investors because they're bragging that they're using AI to lower costs and boost profitability. Honestly, besties, this is a brazen use of AI to eliminate workers that we never see and you never see.

1062.766 - 1083.276 Jack

They're pretty unapologetic about 700 people being laid off by this one bot whose sole goal is to boost profits. Pro tip, Klarna, when you are cutting jobs for AI, maybe don't turn it into an advertising campaign. But yetis, what Klarna's doing is the beginning of what could be the biggest trend in corporate America. And there's one perfect way to explain it.

84.619 - 103.551 Jack

But before we hit that wonderful mix of stories. Honestly, fantastic mix to come back from a long weekend, Jack. Welcome back. You're probably still covered in some oil from that turkey or that stuffing or Nick's moose dessert thing. Yeah. Or you're covered in that oil from that cheese dip watching the football games. Well, maybe you shouldn't clean that oil off.

103.812 - 127.867 Jack

Because the new beauty trend, Yetis, is the oil bath. Specifically, crude oil baths. That's right. Pause the pod. Soak your body in a whole bathtub of black petroleum oil. That's the trend, baby. This is actually happening in spas in the Middle East, even though it sounds like the dirtiest thing we can imagine. And yet these oil baths were designed to get you clean.

127.947 - 146.532 Jack

I mean, Jack, you got to sprinkle on some context for us over there. Last week, the World Climate Conference, COP29, was held in Azerbaijan. Interesting host because Azerbaijan is one of the most oil-dependent countries on the face of the earth. 60% of this Middle Eastern nation's income comes from the sale of oil. But get this, besties.

146.552 - 169.326 Jack

Azerbaijan has so much oil that they are bathing in it, literally. It's a true story. At spas, they're not putting you in baths of olive oil. They're putting you in baths of dark, murky, black petroleum oil that none of us encounter, like, ever. Jack and I got curious. We jumped in T-boy style, saw the pictures. It looks like that scene from Dune, Jack. I know what scene you're talking about. Yeah.

169.406 - 190.731 Jack

It's a hot tub of petroleum. That's what you're bathing in, baby. It's like a spa run by Sunoco. It's like a Texaco jacuzzi. I'll order the 50-minute gasoline treatment, please. Yetis, this is wild. This oil remedy goes back 800 years. Marco Polo even did it on his travels. And apparently, this rare crude oil bath is a dermatologist's dream.