economie

Venture firms could be the latest target for AI disruption, and that’s not the only threat to VCs

  1. Jeff Bezos’ plan to revamp The Washington Post is imploding. Incoming newsroom editor Robert Winnett pulled out of the job Friday morning after a slew of revelations about his past as a writer in London. Meanwhile, Will Lewis, the Washington Post’s publisher, has also come under fire. That’s bad news for Bezos, who needed the two men to breathe new life into the newsroom.
  2. The American dream of home ownership is becoming an American fantasy. A recent Harvard study found monthly payments for a median-priced home after taxes and insurance have hit about $3,100. That’s the highest level it’s been in more than three decades. That payment requires a household income of at least $120,000 a year, which only 6% of renters have.
  3. The silver lining of sports betting scandals. The series of high-profile gambling scandals that recently rocked the sports world thrust the long-overlooked issue into the spotlight. Leagues are now focusing on educating athletes who may be betting-prone, and the industry’s gotten a lot better at catching bad actors.

In other news


What’s happening today

  • Paris Fashion Week begins.

The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Annie Smith, associate producer, in London. Grace Lett, associate editor, in Chicago. Amanda Yen, fellow, in New York.

Read the original article on Business Insider

https://www.businessinsider.com/venture-capital-firms-disruption-upended-ai-layoffs-industry-shakeup-2024-6