Digest

The Morning Brew Daily Show begins with a discussion about the assassination attempt on former President Trump, exploring the reactions from the business world and the potential impact on his reelection chances. The show then delves into a Goldman Sachs report that questions the transformative potential of generative AI, suggesting it might be a bubble waiting to pop. The hosts also highlight the upcoming Amazon Prime Day, expected to generate $13.3 billion in spending. The show concludes with a look at the upcoming week's events, including the Republican National Convention, the launch of EA's College Football 25, and the 55th anniversary of the Apollo 11 mission.

Outlines

00:00:00

Morning Brew Daily Show Intro & Sponsor Announcement

This Chapter introduces the hosts, Neil Fryman and Toby Howell, and announces the episode's sponsor, Indeed FutureWorks, an event for top talent leaders to discuss hiring solutions.

00:00:28

Trump Assassination Attempt & Business Reactions

This Chapter discusses the assassination attempt on former President Trump at a rally in Pennsylvania, highlighting the reactions from top US business leaders, including Tim Cook, Jeff Bezos, Elon Musk, and Bill Ackman. The chapter also explores the potential impact of the event on Trump's reelection chances and the prediction markets' assessment of his odds.

00:06:38

Goldman Sachs Questions AI Boom

This Chapter examines a Goldman Sachs report that raises concerns about the AI boom, questioning whether generative AI is truly transformative or just a bubble waiting to pop. The report highlights the lack of training data, the high cost of AI development, and the limited impact of AI on worker productivity.

00:10:44

Winners of the Weekend & Upcoming Events

This Chapter features the hosts' picks for the winners of the weekend, including Alec Baldwin, who was acquitted of involuntary manslaughter charges, and Spain, which had successful wins in golf, tennis, and soccer. The chapter also previews the week ahead, highlighting events like Amazon Prime Day, Q2 earnings season, and the launch of EA's College Football 25.

Keywords

Q&A

• What were the reactions from the business world to the assassination attempt on former President Trump?

  Top US business leaders condemned the violence, with Tim Cook and Jeff Bezos expressing their disapproval. Elon Musk, who has been critical of Biden, fully endorsed Trump and his recovery. Bill Ackman also formally endorsed Trump and promised a detailed explanation for his decision.

• What are the concerns raised by Goldman Sachs about the AI boom?

  Goldman Sachs questions whether generative AI is truly transformative or just a bubble waiting to pop. They highlight the lack of training data, the high cost of AI development, and the limited impact of AI on worker productivity.

• What are the key events to watch for in the upcoming week?

  The upcoming week features events like Amazon Prime Day, Q2 earnings season, the launch of EA's College Football 25, and the 55th anniversary of the Apollo 11 mission.

• What is the significance of the Stegosaurus fossil being auctioned off?

  The Stegosaurus fossil, nicknamed Apex, is considered one of the best ever found, with an astonishing 80% completeness. It is expected to sell for up to $6 million, highlighting the surge in private dinosaur fossil collecting.

• What are the concerns about the increasing popularity of private dinosaur fossil collecting?

  Academics worry that the surge in private dinosaur fossil collecting will hinder scientific research and make it difficult for museums to acquire important materials.

• What are the challenges facing the Paris Olympics regarding water quality?

  The triathlon and distance swimming events are scheduled to be held in the Seine River, which has historically been polluted. Paris officials have been working to clean up the river, but there are concerns about water quality and potential backup plans in case of heavy rain.

• What is the significance of Target no longer accepting personal checks?

  Target's decision to stop accepting personal checks reflects the declining use of checks in the US. The move is driven by the low volume of check transactions and the desire to streamline checkout processes.

• What is the significance of the launch of EA's College Football 25?

  The launch of EA's College Football 25 marks the return of the popular video game franchise after a nine-year hiatus. The game is expected to be a major success, with significant hype and anticipation among gamers.

• What is the significance of the 55th anniversary of the Apollo 11 mission?

  The 55th anniversary of the Apollo 11 mission, which landed the first humans on the Moon, is a significant milestone in space exploration. The event will be commemorated with various events and celebrations around the world.

Show Notes