🤖 How Does THIS Change Things For AI?

Good morning. US stock futures dipped in Friday morning trading as investors looked ahead to a key jobs reports.

🏦 OpenAI mulls deals with publishers over content

📝 Our report: OpenAI, the brainiacs behind ChatGPT, are on a charm offensive with publishers far and wide! The company said it is currently in talks with dozens of publishers about striking deals to license their articles, a broader effort than was previously known as the startup looks for content to train its artificial intelligence models.  

 🔑 Key points:

• “We are in the middle of many negotiations and discussions with many publishers. They are active. They are very positive. They’re progressing well,” Tom Rubin, OpenAI’s chief of intellectual property and content, told Bloomberg News.

• In July, OpenAI announced an agreement with The Associated Press for an undisclosed amount.

• The company also recently inked a a multiyear licensing deal with Politico’s parent company Axel Springer SE for tens of millions of dollars, a person familiar with the matter previously told Bloomberg.

💡 So what: Building relationships with book publishers is quite significant for OpenAI. It provides access to a diverse range of high-quality content, allowing their AI models to learn and understand various writing styles, topics, and contexts. Additionally, collaborating with publishers fosters a positive image for the company, showcasing a commitment to ethical and lawful use of copyrighted material.

 Friday - US Unemployment Rate

 📈 Amazon billionaire Jeff Bezos shares these investing tips!

🏡 Here’s everything you need to know about mortgage loans!

🧑🏾‍💼 Use these strategies to combat procrastination at work!

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🚴🏾 Peloton gets social with partnership deal

WHAT: In a fitness-meets-social-media twist, Peloton and TikTok are teaming up for an exclusive partnership that will bring its workout content to short-form video platform. The partnership comes as Peloton attempts to pivot away from hardware and transform into a software-focused company, leaning on its exclusive content to drive subscriber growth.

WHY: Peloton will have a dedicated hub on TikTok, dubbed #TikTokFitness Powered by Peloton, that houses its content, marking the first time the fitness company partnered outside of its owned channels.

🤝 Alphabet, YouTube workers to hit bargaining table

WHAT: Google just got a reality check from the National Labor Relations Board (NLRB). The board ruled that Google's refusal to negotiate with a union representing YouTube Music contract workers was a violation of U.S. labor law. Google tried to play the "not the employer" card, arguing that the workers from staffing firm Cognizant Technology Solutions were not its responsibility.

WHY: Google has faced an uptick in labor organizing in the United States and abroad in recent years, including a series of worker protests over the company's business and employment policies.

🪓 2023 — the year of layoffs

WHAT: In the world of employment ups and downs, 2023 decided to throw a curveball! Last year, companies planned 721,677 job cuts, a 98% jump from 2022, according to a new report from professional outplacement firm Challenger, Gray, and Christmas.

WHY: The tech industry led the country in the job cuts with a 73% increase last year to 168,032. That’s just shy of the annual record of 168,395 cuts in tech in 2001. In second place came the retail industry with 78,840 job cuts, a 274% increase from the previous year. Healthcare and financial employers came in third and fourth place, respectively.

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