Andrew Mason, Co-Founder of Groupon and CEO of Descript joins Cheddar to discuss the changing landscape within the audio industry. His new venture, Descript, launched on Tuesday and allows people to transcribe audio files within a Word doc.
Mason talks about why this particular technology within the audio industry is imperative to continue innovation. The company raised $5 million in seed funding. Descript aims to market to publishers and media companies.
Plus, Mason talks about discovering Groupon out of another project and how he's learned from his experience building the company. Trying to find new products and innovation within an already successful company is always a goal of his.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
AI is transforming industries and raising ethical questions. UCLA Professor Hal Hershfield discusses "Your Future Self" and AI's impact on psychology and media.
