Morning Brew - ☕ Burnt out

Chicago wades into the great tipping debate...
October 04, 2023 View Online | Sign Up | Shop 10% Off

Morning Brew

AT&T Connected Car

Good morning. Heads up: If you’re in the US, your phone will vibrate with a message at 2:20pm ET as the government conducts a nationwide test of its emergency alert system, the first time it’s spammed everyone in the country since 2021.

Don’t be the one person to reply all.

Sam Klebanov, Cassandra Cassidy, Matty Merritt, Adam Epstein, Abby Rubenstein, Neal Freyman

MARKETS

Nasdaq

13,059.47

S&P

4,229.45

Dow

33,002.38

10-Year

4.803%

Bitcoin

$27,297.90

Airbnb

$127.73

*Stock data as of market close, cryptocurrency data as of 12:00am ET. Here's what these numbers mean.

  • Markets: Annnnd it’s gone—the Dow turned negative for the year as stocks got crushed yesterday. The reason: Bond yields are surging, with the 10-year Treasury yield reaching a 16-year high, which is putting major downward pressure on stocks. Companies that rely on consumer spending, like Carnival and Airbnb, got hit the worst.
 

TECHNOLOGY

Celebrity deepfakes are having a moment

Tom Hanks deepfake creation Illustration: Cameron Abbas, Photo: Taylor Hill/FilmMagic via Getty Images

Videos circulating of Tom Hanks promoting a dental plan or MrBeast giving out $2 iPhones are about as legit as that email from a foreign royal begging you to spot them $5K .

The Forrest Gump star and the YouTube philanthropist warned their fans this week that clips making the rounds on social media are AI deepfakes created without their consent. And that’s just a tiny taste of how the nascent tech that can animate celebrity faces and put words in their mouths has been roiling showbiz.

  • Tom Brady, who probably wishes his FTX ad was a deepfake, threatened to sue the creators of a crass standup special made with an AI-generated version of his voice and likeness earlier this year.
  • Robin Williams’s daughter, Zelda Williams, posted on Instagram over the weekend that she’s disturbed by attempts to “recreate actors who cannot consent,” like her late father.

AI makes waves in Hollywood

The issue of restricting the use of deepfakes has also been a central sticking point in the negotiation between the SAG-AFTRA union and Hollywood studios amid the ongoing actors strike. Background actors worry their employers could replace them with animated versions of their avatars. Performers also say that without proper AI guardrails, studios could use their work to train artificial intelligence without consent or cast an actor’s likeness in a role that they might find objectionable. (Williams said she’s rooting for SAG in its “fight against AI.”)

AI was also an issue in the recently negotiated contract (not yet finalized) that ended the strike by TV and film writers. The agreement limits the extent to which producers can use AI-generated content to replace the work of human pros.

Deepfakes aren’t just entertainment bogeymen. Doctored content is also disrupting politics. A few days before this weekend’s parliamentary election in Slovakia, AI-made audio clips featuring what sounded like one of the front-runners discussing plans to buy votes and double the price of beer circulated on social media, and…he lost his bid to become prime minister.—SK

     

PRESENTED BY AT&T CONNECTED CAR

Car Wi-Fi

AT&T Connected Car

Can you name a more dynamic duo?

…Yep, didn’t think so. Imagine hitting the open road with access to everything the internet has to offer.

Well, AT&T In-car Wi-Fi is making that dream a reality. With AT&T In-car Wi-Fi, you can stay connected to the office, family, and everything in between. That’s right. Stream, browse, share, and download, all while cruising the byways.

Trying to get to a mountain hideout to catch the fall foliage but have a 1-on-1 you can’t miss? With AT&T In-car Wi-Fi, you can do both since AT&T covers more roads than any other carrier.

Hit the road connected.

WORLD

Tour de headlines

Kevin McCarthy Alex Wong/Getty Images

Kevin McCarthy no longer speaks for his party. For the first time in US history, a House speaker was removed from their post—and this one was an inside job. After McCarthy worked with Democrats to avert a government shutdown, a faction of hard-right Republicans pushed to oust Kevin McCarthy from the speakership, and they secured enough support to vote him off the island. There’s no roadmap for what happens next—this has never happened before, after all—but House Republicans will have to select a new leader. McCarthy said he wouldn’t run again.

Spotify starts a turf war with Audible. The streaming service that began with music, then dove into podcasting, is now getting into audiobooks. Spotify will allow paying subscribers to listen to 15 hours of audiobooks for free each month, beginning in the UK and Australia and expanding to the US this winter. The company will offer 150,000+ books, including more than 70% of the NYT’s bestsellers list. Spotify is hoping to swipe market share from Amazon’s Audible, the dominant player in an industry that’s expected to nearly double in size from 2021 to 2026, per media consultancy Omdia.

SCOTUS doesn’t seem eager to upend financial regulations. The Supreme Court heard oral arguments yesterday in a case over whether the way the Consumer Financial Protection Bureau gets its funding is constitutional. If the court rules against the agency, it could throw into question every regulation the financial watchdog has made about consumer issues like credit cards and mortgages since it was formed in 2010. But the justices did not appear to be leaning that way during the arguments, with both liberal and conservative members of the court side-eying the claims made by the payday lenders that brought the case. The court’s decision is expected by June.

LABOR

Burnt-out healthcare workers are about to strike

Photo of healthcare workers on strike Dania Maxwell/Getty Images

Hot Strike Summer has ended, but despite the chill in the air, labor is still running a fever. Next up: the biggest healthcare strike in US history. More than 75,000 workers employed by Kaiser Permanente, one of the largest nonprofit healthcare providers in the US, plan to walk off the job for three days—starting today.

Why are they striking? Healthcare workers across the industry are experiencing challenges, which Kaiser acknowledged in response to the looming strike. According to a statement by the company, up to two-thirds of healthcare staff everywhere are burnt out. That’s exacerbated by the issues Kaiser employee unions say they’re striking over, including:

  • Acute staffing shortages: Short-staffing is a common problem in healthcare, but union members say that it has worsened between the pandemic and the Great Resignation—and patient safety is in danger.
  • Wage increases: The union wants what it describes as competitive compensation that accounts for the increased cost of living: a $25/hour wage floor and increases between 6.25% and 7% over the next four years.

Kaiser insists it pays a cromulent wage and denied claims of being short-staffed, saying it hired 22,000 people already this year.

How the strike may affect Kaiser’s 13 million patients: Physicians, hospitals, and emergency rooms will not be impacted, but some facilities will have reduced staff for nursing and support roles.—CC

     

TOGETHER WITH LMNT

LMNT

Quench your potential. While conventional sports drinks slip in sugar and subpar ingredients, LMNT’s electrolyte drink mix gives you a science-backed electrolyte ratio in every clean, tasty gulp. No sugar, no artificial ingredients, no fillers. Prevent and eliminate headaches, boost performance and recovery—and do it all with a free sample pack with any purchase.

FOOD & BEV

Chicago could upend restaurant tipping

Carmy from The Bear The Bear/FX Networks

River North waiters might finally be able to afford the brunch they’re serving. Chicago is set to become the second-biggest city in the country to eliminate subminimum wages for tipped employees. The city council could pass the law as early as today, and Mayor Brandon Johnson is expected to sign it.

The measure would require the nearly 7,000 restaurants in the city to boost pay from around $9/hr to the city’s standard minimum wage of $15.80/hr for tipped workers like servers and bartenders.

But the old model would be phased out slowly by increasing wages for tipped workers by 8% every year for the next five years—a compromise that Mayor Johnson made with the Illinois Restaurant Association, an industry group that previously rejected the wage bump.

It sparked more controversy than the mayo in Portillo’s cake. Opponents of the change were primarily restaurant owners, who said their already razor-thin profits would force them to jack up menu prices and perhaps even cut down on staff. But supporters say relying on tips is an unsustainable way to make a living, and it can disproportionately harm minority workers.—MM

     

GRAB BAG

Key performance indicators

Jeff Bezos, Elon Musk, Larry Ellison, Jensen Huang  Illustration: Francis Scialabba, Photos: Getty Images

Stat: Forbes released its annual Forbes 400 ranking of the richest US citizens, and we regret to inform you that you’re not on it. Elon Musk topped the list again with an estimated net worth of $251 billion, followed by Jeff Bezos ($161b) and Larry Ellison ($158b). The Forbes 400 are collectively $500b richer than last year and are worth a combined $4.5 trillion, tying 2021 for the most ever. One newcomer to the top 20 is Nvidia CEO and co-founder Jensen Huang, whose net worth ballooned to $41b alongside tech’s AI boom. Among those to fall off the list entirely is Donald Trump, whom Forbes now categorizes as “too poor to make the cut.”

Quote: “We’ve been working on this for 24 hours. Our first response was awful.”

Our long national nightmare is over—Catgate has been solved. An Austin man went viral this week after a Lyft driver drove away with his cat, Tux, still in the car. He begged Lyft’s customer service for help but didn’t get it, and at one point was told he’d be charged $20 if the “item” (his cat) was returned. His complaints reached the desk of CEO David Risher, who apologized for the company’s initial response. Eventually, Tux was reunited with her owner, and Lyft said it would foot the vet bills. But a whole lot of people still want more details on what happened to this guy’s cat.

Read: Dan Ariely and Francesca Gino became famous for researching why we bend the truth. Now, they’ve both been accused of fabricating data. (The New Yorker)

NEWS

What else is brewing

  • A bus carrying foreign tourists crashed near Venice, Italy, killing at least 21 people when it fell from an elevated road.
  • Netflix plans to raise prices on its ad-free tier once the actors strike ends, the WSJ reported.
  • Dish Network was fined $150,000 by the FCC for “failure to properly deorbit” one of its satellites—the first-ever fine levied for space junk.
  • Krispy Kreme is selling its majority stake in Insomnia Cookies, the go-to 2am dessert destination for college students.
  • Zoom is releasing its own version of Google Docs, while Google is making a slew of changes to Gmail to reduce spam in your inbox.

RECS

Wednesday to-do list

Watch: How can you not be romantic about baseball after watching this montage of movies about America’s pastime?

Listen: These gloopy frog beats are going viral on TikTok. “This music is very wet. Kind of has a humidity to it,” one user observed.

Read: The 104-year-old who suddenly decided to become a thrill-seeker.

Win: The Powerball jackpot is at an estimated $1.2 billion—the third-highest ever—ahead of tonight’s drawing. Your chances of winning are one in 292 million.

Engine-nuity paying off: LiquidPiston has $30m+ in government contracts and 377% revenue growth since the end of 2021. Join them as they revolutionize the $400b combustion engine industry. Invest by Oct. 24.*

*A message from our sponsor.

GAMES

The puzzle section

Word Search: With the hype building for the NBA season, today’s Word Search asks you to identify pro basketball team mascots. Play it here.

Leaf peeping

It’s that time of the year. Can you identify the trees from their leaves?

Your options: ginkgo, holly, maple, ash, chestnut, oak

Six different leaves for trivia

SHARE THE BREW

Share Morning Brew with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.

We’re saying we’ll give you free stuff and more friends if you share a link. One link.

Your referral count: 2

Click to Share

Or copy & paste your referral link to others:
morningbrew.com/daily/r/?kid=303a04a9

ANSWER

1. Oak

2. Maple

3. Ginkgo

4. Holly

5. Chestnut

6. Ash

Word of the Day

Today’s Word of the Day is: cromulent, meaning “acceptable or fine.” Thanks to Dave Wright from Raleigh, NC, for the perfectly adequate suggestion. Submit another Word of the Day here.

✤ A Note From LiquidPiston

This is a paid advertisement for LiquidPiston’s Regulation A+ Offering. Please read the offering circular at invest.liquidpiston.com.

         
ADVERTISE // CAREERS // SHOP 10% OFF // FAQ

Update your email preferences or unsubscribe here.
View our privacy policy here.

Copyright © 2023 Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011

Older messages

☕ Tune In: Meeting the Modern Consumer

Tuesday, October 3, 2023

Join us virtually this Thursday! Hey Retail Brew reader, In a world where attention spans are shrinking, and consumer expectations are soaring, the retail landscape is evolving at an unprecedented pace

☕ Navy sales

Tuesday, October 3, 2023

The US Navy's retail stores. October 03, 2023 Retail Brew It's Tuesday. The latest federal data shows consumer spending increased 0.4% in August, despite higher gas prices, recession fears, and

☕ Mural of the story

Tuesday, October 3, 2023

Keeping art in advertising. October 03, 2023 Marketing Brew PRESENTED BY Intuit Mailchimp It's Tuesday. We guess the end of the writers' strike has Hollywood excited to make some more deals.

☕ This is where my tasks end

Tuesday, October 3, 2023

Plus, how to get off a career plateau October 03, 2023 View Online | Sign Up | Shop 10% Off Raise Good morning and good news to our fellow English majors: Silicon Valley tech companies are now in

☕ On trial

Tuesday, October 3, 2023

Why there may be a new law named for Katy Perry... October 03, 2023 View Online | Sign Up | Shop 10% Off Morning Brew PRESENTED BY LiquidPiston Good morning. For anyone asking, it's October 3. —

You Might Also Like

House GOP Moves to Ram Through Bill That Gives Trump Unilateral Power to Kill Nonprofits

Monday, November 18, 2024

Dozens of Democrats still support the bill — giving the Republican-controlled House plenty of breathing room to pass it next week. Most Read How to Fortify Against the Trump Agenda While There's

Monday Briefing: Ukraine can hit Russia with U.S. long-range weapons

Sunday, November 17, 2024

Plus, World of Warcraft turned 20. View in browser|nytimes.com Ad Morning Briefing: Asia Pacific Edition November 18, 2024 Author Headshot By Justin Porter Good morning. We're covering President

GeekWire's Most-Read Stories of the Week

Sunday, November 17, 2024

Catch up on the top tech stories from this past week. Here are the headlines that people have been reading on GeekWire. ADVERTISEMENT GeekWire SPONSOR MESSAGE: Get your ticket for AWS re:Invent,

10 Things That Delighted Us Last Week: From Non-Hideous Sleeper Sofas to Zooey Deschanel’s Stain Wipes

Sunday, November 17, 2024

Plus an “emotionally stirring” gift for any Scorpio. The Strategist Logo Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate

LEVER WEEKLY: All Bets Are Off

Sunday, November 17, 2024

The presidential transition turmoil and more from The Lever this week. LEVER WEEKLY: All Bets Are Off By The Lever • 17 Nov 2024 View in browser View in browser This is Lever Weekly, a recap of our

Gifts for everyone on your list

Sunday, November 17, 2024

Including a charming duck lamp and a bespoke bobblehead View in browser Ad The Recommendation Ad The best gifts for everyone in your life 6 gift wrapped gifts. Michael Murtaugh/NYT Wirecutter Author

☕ Monkey business

Sunday, November 17, 2024

Why are there so many celebrity lookalike contests? Presented By Beam November 17, 2024 | View Online | Sign Up | Shop A man walks past autumn-colored foliage in Srinagar, Jammu and Kashmir, India.

Winter Storm Threatens, Ransom Baguettes, and a Very Expensive House

Sunday, November 17, 2024

A late November storm packing snow, high winds, and frigid temperatures is expected to develop out of the Rockies on Tuesday and Wednesday of Thanksgiving week, potentially complicating holiday travel

A huge win + huge discount

Saturday, November 16, 2024

We just scored a big win — and to keep the victories coming, we need your help. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Top Democrats just voted to let Trump unilaterally silence the resistance

Saturday, November 16, 2024

If this bill is signed into law, The Intercept and every nonprofit organization in America that dares to stand up to Trump will be in existential danger. A bipartisan majority in the House of