The FTC Is Investigating OpenAI — Here’s Why
Summary
Prof G Markets examines the fallout from AI safety breaches, featuring Axios reporter Madison Mills on thousands of unreported incidents and the new FTC investigation into OpenAI and Anthropic. The episode also analyzes August inflation data with Professor Justin Wolters, who argues rising long-term bond yields reflect fiscal deficits and AI-driven loan demand rather than inflation. Finally, the show critiques the White House AI summit, mocking the administration’s push to rebrand AI as "superintelligence" and the industry’s conflicting messages on safety.
Topics discussed
Sponsors and show introduction
Market vitals: S&P, Nasdaq, and Treasury yields
FTC investigation into OpenAI and Anthropic safety
Interview: Scale of AI security incidents with Madison Mills
OpenAI model delays, IPO risks, and accountability
Market reaction to AI safety concerns and valuations
Sponsors and return to show
August PCE inflation data and consumer spending
Interview: Interpreting inflation reports with Justin Wolters
Long-term bond yields vs. Fed policy and r-star
Fiscal deficits, loan demand, and bond market anxiety
Trump's White House AI meeting and self-regulation
Credits and final sponsor reads
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