Hello, Quartz members!
At Quartz, we're always monitoring the business climate, and this week in particular. Atmosphere of consumer psychology (wonderful). Warren Buffett's atmosphere (Not as good as the S&P500). The mood of people fed up with rising streaming subscription prices (aka) pirate atmosphere).and the surrounding atmosphere OpenAI's latest productsSora (with one emoji:😲).
But this week's most groovy vibe came from our Weekly Obsession. The economics of the Grateful Dead T-shirt trade. Jerry may be gone, but buying and selling the band's shirts is more active than ever. It's a colorful epitome (with just a touch of gray) of why the band's merch captivates hearts and wallets.
Here are other favorite articles from last week's Quartz and elsewhere. Get ready for his week ahead. Happy reading!
5 things I especially liked about Quartz
🦄 Unicorns cost 10 cents. Companies valued in the billions of dollars aren't all that impressive when they number in the thousands. As Quartz's girlfriend Michelle Cheng puts it: period dilution And the rise of super unicorns that, every decade or so, have grown their magical hairy heads from some particular field of technology. For the 2020s, it has to be AI.
👕 Try on small apparel to check size. Could a once-beloved children's clothing chain, now on the brink of bankruptcy, be revived by the family behind Saudi Arabia's largest private bank? The Children's Place has been in commercial jeopardy for some time.Now, an unlikely Middle Eastern investment company has swooped in. To parent financial contracts — and this acquisition is anything but kid-friendly. Melvin Bachman provides a compelling investigation into a palace intrigue in a children's clothing store.
💋 She's sasu. AI girlfriend is not your friend. The Mozilla Foundation's consumer guide *Privacy Not Included thinks so, much to the chagrin of lonely hearts using OpenAI's new GPT store. They may tell you what you want to hear, but they also divulge all your secrets to the person who paid the highest price. Britney Nguyen spills the tea.
🎓 Digital diploma. Much has been said about how AI will become an important job skill, even if it won't replace our jobs. To make sure it's the former and not the latter, a new ivory tower university has joined the (very) short list of universities offering a bachelor's degree in artificial intelligence. Try to guess which one it is. No, guess again.
🏠 The new AI middle class. But AI also has the potential to restore entire careers. Massachusetts Institute of Technology economist David Autor has published a new paper arguing that big technological changes will bring a new wave of jobs. AI is one such change, he says, and will require humans with specialized knowledge to leverage it. in every way.
1 peep
Laura Bratton's full story on how bad air is hurting American businesses won't be published until Monday, but we're giving you an early look at her graph. Please pay attention!
Deteriorating air quality will cost U.S. businesses dearly over the next 30 years.
✂️ $125 billion: According to one study, the average annual salary loss for U.S. workers due to poor air quality is working paper From the National Bureau of Economic Research (NBER)
🪓 $209 billion: Additional wage losses to the U.S. workforce in 2054. Calculated by Quartz using the latest EPA pollution data, NBER numbers, and First Street estimates
💼 1.2 billion: number of lost working days Every year, air pollution worldwide
🗓️This week's highlights
Here's what our newsroom is focused on:
- Tuesday: Walmart and Home Depot report earnings
- Wednesday: attracts attention What is the third largest company currently In the United States, semiconductor manufacturer Nvidia releases quarterly results. Rivian and Public Storage also share revenue.
- Thursday: We can expect further financial results from Keurig Dr Pepper, Moderna, Block (aka Square).
- Friday: Warren Buffett is Pivot from Apple stock The announcement was made prior to Berkshire Hathaway's expected financial results announcement. Meanwhile, Warner Bros. Discovery may be giving investors a glimpse into its business. new sports streaming service During a call with an investor.
thank you for reading!This is next week, don't hold back. reach out your hand Includes comments, questions, feedback, AI degrees, and AI-enabled job openings. Sunday Reads is brought to you by Susan Howson, Gabriella Riccardi, and Morgan Hefner.
