You Might Also Like: Morning Brew Daily

**SPEAKER_1** (0:01)
Whether you're hitting the road this summer, or just parking for some peace of mind, AT&T Connected Car turns your vehicle into a Wi-Fi hotspot with fast, reliable, and secure internet access. You can connect multiple devices to stream, browse, play games, or get a little work done, all inside or in proximity outside of your vehicle. To learn more, head to att.com/morningbrew.
That's att.com/morningbrew. Requires eligible vehicle, service, and coverage not available everywhere.

**Neil Freiman** (0:33)
Good morning, Brew Daily Show. I'm Neil Freiman.

**Toby Howell** (0:36)
And I'm Toby Howell.

**Neil Freiman** (0:37)
Today, Jersey Mike goes public and plots a global takeover.

**Toby Howell** (0:41)
Then a 25-year-old AI prodigy flew too close to the sun and lost his hedge fund billions. It's Friday, July 31st. Let's ride.

**Neil Freiman** (0:58)
What links would you go to to snack a job interview? Over in San Francisco, you might need to get a tattoo of the company's logo. The AI startup Lemon Lime has been catching heat following a stunt at a recent networking party. If you get a company tattoo from an artist that we brought to the event, you'll get a job interview immediately. Co-founder Jordan Zietz wrote the concept was, to meet exceptional people and find out which of them are just as crazy as we are. People thought they were crazy, all right, blasting it as a symbol of Orwellian Silicon Valley culture. After realizing this was maybe not the best idea, Zietz apologized, calling it reckless and poor judgment.

**Toby Howell** (1:35)
You can't be doing this with a company that is just so clearly on the trend of the moment. Lemon Lime creates AI agents and automations for companies. So I got to get why you're pulling these insane stunts to try and hire. Your company does what every single other company in Silicon Valley does right now. This is probably not a good time to mention that a couple of years ago, a guy also got a morning brew tattoo on his calf, but that was completely voluntary and he just loved the newsletter and maybe coffee as well. We will not be requesting any of you listening, get a tattoo to show your MBD support. A simple like and subscribe will do.
Now a word from our sponsor Anthropic, the team behind Claude.

**Neil Freiman** (2:17)
We asked for your questions about AI and the MBD audience was not shy.

**Toby Howell** (2:21)
There were questions about losing control of AI, workforce disruption and a lot more.

**Neil Freiman** (2:26)
It's opened up a lot of really important conversations.

**Toby Howell** (2:28)
Anthropic, the public benefit corporation behind Claude, heard questions like these in more than 120,000 interviews about people's hopes and fears around AI.

**Neil Freiman** (2:37)
Anthropic is not trying to gloss over these tough questions because their goal is to make sure AI actually works out well for people.

**Toby Howell** (2:43)
They publish real research on these kinds of questions even when it's uncomfortable.

**Neil Freiman** (2:47)
So if you've got your own hard questions about AI, head to claude.ai/mbd to submit it to Anthropic and explore how they are answering them. That's C-L-A-U-D-E dot AI slash MBD.

**SPEAKER_4** (3:01)
This episode is brought to you by Accenture. When your advertising operations fall out of sync, everything else follows.
Spotify and Accenture are working together to reinvent the rhythm of ad sales, using automation, analytics and smarter workflows to simplify campaign delivery and access better data across the business. The result? Less time spent on operations, more time connecting brands with the moments and fandoms that matter most. Learn more at accenture.com/spotify.

**Neil Freiman** (3:30)
The United States of America is becoming the United States of data centers. That's the takeaway from yesterday's GDP report, which revealed a sturdy American economy in the second quarter, underpinned by booming investments in AI infrastructure. The headline number? 1.5 percent, which is how fast the economy grew at an annualized pace. On the surface, it's a disappointing number. It's lower than economic growth in the first quarter, 2.1 percent, and lower than expectations heading in. But dig a little deeper and you'll find more positive signs. For one, business investment is very strong, up 8.4 percent, as companies shelled out for computers, chips, and other equipment related to the AI buildout. In fact, here's a crazy stat. Ernie Tedeschi, the chief economist at Stripe, estimated that more than half of real GDP growth can be attributed to gross computer spending, which includes spending on computers, data centers, and other things adjacent to AI. And it's this spending on computers that also drag down GDP. GDP is defined as the total value of the goods and services made inside the United States, but many of the chips and equipment needed to make data centers are produced outside the country. In other words, they're imports. And when imports outweigh exports, as they did because of all of this AI investment, it weighs down on that GDP number. In total, trade subtracted more than one percentage point from headline GDP growth. Toby, there are threats to the economy, particularly those higher energy prices from the war in Iran, but for now, it's fair to characterize the economy, and Kevin Warsh's words, as resilient.