Issue No. 19Week ending Sunday, May 10, 2026539 episodes · 2379 articles
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Sam vs Elon Trial, Coinbase Cuts 14% in AI Pivot, Digesting Meta Earnings | Diet TBPN

With John Coogan, Jordi Hays, Tyler · Sunday, May 10, 2026

This episode delved into the ongoing Elon Musk vs. OpenAI trial, highlighting Greg Brockman's dramatic testimony and the clash over the company's control. It also discussed the US government's new pre-release screening for AI models by the Department of Commerce, raising concerns about its impact on innovation and regulatory capture. Additionally, the hosts covered Coinbase's 14% layoff, partially attributed to AI-driven productivity leading to organizational restructuring, and investor apprehension regarding Meta's substantial AI capital expenditures.

Key takeaways

  • Monthly eBook releases on Amazon have tripled since the pre-AI era, surging from a stable 100,000 to over 300,000. This is the new baseline for online publishing. Read more →
  • Coinbase announced a 14% workforce reduction, citing both crypto market conditions and a strategic bet on AI-driven productivity. Read more →
  • Greg Brockman, OpenAI co-founder, testified that Elon Musk was 'angry' and he feared Musk would 'hit me' during a heated 2018 meeting over OpenAI's equity structure and control. Read more →
  • Despite Meta's core ad business ripping up 33% year-over-year in Q1, investors sold off the stock, primarily due to concerns over a colossal $125-$145 billion in AI capital expenditure. Read more →
  • Google, Microsoft, XAI, OpenAI, and Anthropic have agreed to pre-release evaluations of their advanced AI models with the Department of Commerce's Center for AI Standards and Innovation (CASI). Read more →

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