The A.I. Billionaire Class
Meta makes a deal to keep Zuckerberg happy as Musk eyes a power-consolidating merger. Plus, Airbnb’s latest play for the hotel crowd.
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Episode Notes
This week: Meta struck a deal to keep Mark Zuckerberg in California despite the proposed “billionaire tax”.
First up, hosts Felix Salmon, Emily Peck, and Elizabeth Spiers explain the how the new stock issuance works and why Meta’s board’s hands were tied. Then, after Elon Musk floated a Tesla/SpaceX merger, they discuss what he and the companies would stand to gain and who might be able to stand in his way. Finally, Airbnb doesn’t want guests doing chores. Where’s the line between being a reasonable guest in a home and in a hotel?
Mentioned in the episode: ‘
‘How Mark Zuckerberg went to war with his own board of directors over pay and power.’ From the Washington Post
‘Kevin Bacon’ from The Pudding
Podcast production by Jessamine Molli and Cheyna Roth