Iran Deadline Looms for an Economy on the Edge
Key Takeaways
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US labor market shows continued resilience
“The latest jobs report suggests an economy that is still running hot.”
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Iran conflict threatens global economic stability
“The Iran war is a major wildcard for the global economic outlook.”
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AI giants face unsustainable capital burns
“OpenAI and Anthropic are burning through cash at a staggering rate.”
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AI IPO prospects remain distant dreams
“The IPO race for AI is more of a marathon than a sprint.”
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AI acquisitions signal a media shift
“The acquisition of TBPN reveals exactly where media is headed.”
Episode Description
Ed Elson and Justin Wolfers break down the state of the U.S. economy, including the latest jobs report and how the Iran war is shaping the economic outlook. Then, Paul Kedrosky joins the show to unpack OpenAI and Anthropic’s financials, and where their AI IPO race stands. Finally, Ed shares what OpenAI’s acquisition of TBPN reveals about the future of media. Justin Wolfers is a professor of public policy and economics at the University of Michigan. Paul Kedrosky is a Managing Partner at SK Ventures. Subscribe to the Prof G Markets Youtube Channel Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices