Foundering is an award-winning, serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from the technology industry, where its companies are wielding unprecedented capital and power.
In this limited series, Odd Lots explains some of the thorniest issues facing the US economy through the medium of … chicken. Chicken occupies a unique position in the US diet, but issues facing the poultry industry illustrate wider points about the development of the US economy and the decisions being made about how it's structured and who benefits from it. So why has the chicken industry evolved in the way that it has? What’s been driving the price increases in eggs and meat? And what does it all say about things like inflation, the labor market and the nature of American capitalism?
Check out Beak Capitalism on Odd Lots wherever you get your podcasts.
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Right as Sam Altman was at the peak of his success, touring the world to espouse the virtues of AI, his board turned on him. Altman was unceremoniously fired. OpenAI’s coup is a story of secrets, betrayal, employee revolt and Altman’s expert political maneuvering to regain his position of power. In this episode, reporter Ellen Huet also examines Altman’s history of broken promises and alleged manipulation.
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It’s widely predicted that AI will upend the economy and threaten many existing jobs. Sam Altman, in trying to stay ahead of public fears of mass unemployment, has offered universal basic income as a solution. He also has envisioned an AI future of abundance. In this episode, reporter Ellen Huet looks at Altman’s proposals for ending poverty and his current relationship with his sister, Annie Altman, who struggles with homelessness in Hawaii.
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A group of high-level early employees who had glimpsed the fluidity and power of the technology behind ChatGPT left OpenAI to start a new company. Their exit sparked concerns that OpenAI is not prioritizing safety. Meanwhile, the success of ChatGPT drove a craze within the tech industry but also added fuel to existing apocalyptic fears. In this episode, reporter Ellen Huet examines the frenzy around AI, both its utopic dreams and visions of impending doom.
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OpenAI employees were motivated by the dream of building an artificial general intelligence, which could think and solve problems like a human mind. In reality, they sometimes spent their days building bots that played video games. But new research allowed the company to create increasingly powerful AI models, giving them a lead in the AI race. Meanwhile, a power struggle between Sam Altman and Elon Musk led to Musk’s departure from the company. In this episode, reporter Ellen Huet takes a look at OpenAI’s early days and the company’s shift away from its promises to be open-source and nonprofit.
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Sam Altman, CEO of OpenAI, shot to tech stardom with the release of ChatGPT. His company is one of the most valuable startups in the world, and he is treated like an ambassador for the AI future, zipping around the globe, meeting with world leaders. But how did he amass so much power? In this episode, reporter Ellen Huet looks at Altman’s rise and his penchant for forming close bonds with powerful Silicon Valley figures, who in turn have lent their influence and money to his ever-growing ambitions.Â
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The biggest story in tech is artificial intelligence, and the biggest story in AI is OpenAI. The company’s rapid progress and blazingly popular consumer products like ChatGPT have pushed tech giants to dump billions of dollars into an AI arms race. OpenAI’s CEO, Sam Altman, has been dogged by persistent allegations of being manipulative, deceitful, and power hungry – even to the point of being fired by his own board. This season of Foundering takes listeners straight to the heart of the AI explosion: feuds, betrayals, billionaires, and the extinction of humanity…. maybe?Â
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A live Q&A with this season’s host, Jamie Tarabay, and a cybersecurity expert featured in the series, Allan Liska. This bonus episode was recorded following a live production of “Foundering: The John McAfee Story” in San Francisco at the RSA Conference in April 2023. The conversation, moderated by Foundering’s editor Mark Milian, explores the reporting process for the show and McAfee’s lasting impact on the digital security industry.
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Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billions of dollars were missing, and Sam was in handcuffs. Those who knew him were left wondering — who was Sam really? A well-meaning billionaire who made a mistake? Or a calculating con man? From Wondery and Bloomberg, the makers of The Shrink Next Door, comes a new story of incredible wealth, betrayal and what happens when “doing good” goes really really bad. Learn more here: https://podcasts.apple.com/us/podcast/spellcaster-the-fall-of-sam-bankman-fried/id1685258534
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A desperate escape by sea finds John McAfee deported to Europe. He ends up in a small Spanish town, but the walls are closing in on him. Reporter Jamie Tarabay investigates the final days of McAfee and the circumstances surrounding his death.
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John McAfee forms a new operation to capitalize on a financial opportunity in cryptocurrencies. Drugs and paranoia take over. Reporter Jamie Tarabay chronicles the beginning of the end for McAfee.
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