☕ Not aligned

More leadership drama at OpenAI... May 20, 2024 [View Online]( | [Sign Up]( | [Shop]( [Morning Brew]( PRESENTED BY [AT&T In-car Wi-Fi]( Good morning. Today is the day: After the bell rings on Wall Street this afternoon, we’ll be sending our first Brew Markets newsletter, which will take you deeper into the stock market than any Brew has gone before. Who is this newsletter for? Excellent question. Brew Markets is intended to provide active traders (and those who want to be) with a brief summary of the day’s market moves along with expert opinions, practical tips, and market education—all in a five-minute read. [Sign up here]( to get the first-ever Brew Markets edition later today. —Neal Freyman, Dave Lozo MARKETS: YEAR-TO-DATE Nasdaq $16,685.97 +13.00% S&P $5,303.27 +11.82% Dow $40,003.59 +6.07% 10-Year 4.420% +47.4 bps Bitcoin $66,023.15 +56.21% Oil $80.00 +13.67% Data is provided by *Stock data as of market close. [Here's what these numbers mean.]( - Markets: Like KFC and New York Yankees hats, the stock market rally has gone global. Fourteen of the world’s 20 largest stock markets have [hit all-time highs]( recently, including England, Japan, Brazil, India, and Canada, according to Bloomberg. Back in the US, the S&P 500 (also at a record) is rolling: It hasn’t dropped more than 2% in a trading session in 311 days, the longest streak in five years.  TECH [OpenAI execs are beefing again]( [Image of Sam Altman grimacing in front of a news station microphone.]( Dietsch/Getty Images OpenAI’s leadership team of supernerds has had another [dramatic falling out]( reviving divisions about the future of artificial intelligence within the company that’s driving the AI revolution. Last week, two execs resigned from OpenAI: first, co-founder and chief scientist Ilya Sutskever, followed shortly by company vet Jan Leike. In a [thread]( on X, Leike wrote that “over the past years, safety culture and processes have taken a backseat to shiny products,” and his disagreements with OpenAI’s leadership had recently “reached a breaking point.” Sutskever and Leike are deeply concerned about AI’s long-term threat to humanity. They co-led the company’s [superalignment team]( which was formed last year to study the existential risks posed by artificial intelligence that’s smarter than humans. - “Alignment” is the concept that describes whether a machine has the same goals as its human creators. - Making sure AI and humans are ~aligned~ becomes extremely important when the AI is superintelligent because, without alignment, the downside would be a real bummer: human extinction. It’s evident that OpenAI’s top brass are not aligned about the problem of alignment. In explaining why he quit, Leike wrote that his safety team “has been sailing against the wind” and wasn’t provided enough resources to do its work. The pressure mounts on Sam Altman Remember, last November the CEO was fired by the board before employees mounted a revolt and Altman was reinstated, with even more power, less than a week later. Altman has been criticized by the AI safety camp for prioritizing the commercial side of his AI empire—like releasing a Her-like voice assistant last week—without paying enough attention to the risks. In response to Leike’s resignation thread, Altman [wrote]( “He’s right we have a lot more to do; we are committed to doing it.” Altman and OpenAI President Greg Brockman [elaborated]( on their approach to AI safety in a joint post on Saturday. Bottom line: Some of OpenAI’s most tenured and respected leaders are jumping ship because they believe Altman is recklessly steering it in a dangerous direction.—NF PRESENTED BY AT&T IN-CAR WI-FI [Your road trip essentials checklist]( [AT&T In-car Wi-Fi]( Snacks? Sunglasses? Wi-Fi that won’t let you down…? You can hit the road this summer without losing your signal. And to sweeten that (already sweet) deal, AT&T is offering you a [four-day In-car Wi-Fi test drive](. AT&T In-car Wi-Fi helps you [stay connected during your entire drive]( by covering more roads than any other carrier*. Whether you need to stay connected while setting up camp or streaming a movie during the longest road trip of your life, AT&T’s got you covered (literally). [Start your four-day In-car Wi-Fi test drive](. WORLD [Tour de headlines](#) [Iranian President Ebrahim Raisi]Iranian President Ebrahim Raisi. Sakineh Salimi/Borna News/Aksonline ATPImages/Getty Images Iran’s president was killed in a helicopter crash. Iranian President Ebrahim Raisi and Iran’s foreign minister were [found dead]( at the site of a helicopter crash in a remote northwestern region of the country. Raisi was an ally of Supreme Leader Ayatollah Ali Khamenei, espoused hard-line, anti-Western views, and was infamous for his role in the mass execution of political prisoners in 1988. Raisi’s death will “set off a fierce scramble for power” in the Islamic Republic, The Atlantic [writes](. Israeli centrist leader says he’ll quit if no postwar plan presented. Benny Gantz, one of three members of Israel’s war cabinet, gave Prime Minister Benjamin Netanyahu an [ultimatum]( Either you present a plan for what happens after the war in Gaza, or I quit in three weeks. The ultimatum reveals widening divisions within Israel’s leadership. Last week, the third member of the war cabinet, Defense Minister Yoav Gallant, also criticized Netanyahu for not presenting a postwar blueprint. Gantz put forth a six-point plan of his own, but Netanyahu said it would mean Israel losing the war. The WNBA is investigating a $100,000 sponsorship deal for players. The Las Vegas Convention and Visitors Authority wants to give every member of the Las Vegas Aces a $100,000 [sponsorship]( for this year and next, and all the players have to do is play basketball. The league is looking into the arrangement to ensure the deals are not a way to circumvent the salary cap—sponsorships like this can’t be arranged through the team, although the tourism agency said they followed the WNBA’s rules and went through each player’s agent. According to Spotrac, a website that tracks athlete salaries, $100,000 is greater than the average annual value of eight Aces contracts. CANNABIS [Can the boom in weed drinks last?]( [Tinley’s Tonics cannabis drinks]( Tonics A beer industry that has watched its market share get smoked by cannabis has rolled up its sleeves to exploit a legal loophole, Bloomberg reports. Canned drinks without a drop of alcohol are getting customers [buzzed]( because they are infused with THC derived from hemp, which keeps them compliant with federal laws and allows for shipping across state lines. These weed drinks have become so popular that even [Bon Appétit]( [others]( offer a list of their favorites. A happy accident for beer sellers: The loophole was created by the 2018 Farm Bill, which was intended to allow hemp to be grown for the production of things like clothing and car parts. But like the most resourceful person in your freshman dorm, the beer business found a way to use something seemingly innocuous to get people high. And just like the uncool RA, states are knocking on the door. New York banned drinks with more than 1 milligram of THC per serving last summer, and Connecticut is now attempting the same. Twenty other states are lobbying for a review of the Farm Bill to enable the banning of the drinks. The beer industry is fighting back, because…it has to. By 2027, beer sales are expected to plunge to 33% of the US alcoholic beverage market from 45% in 2017, per Bloomberg Intelligence.—DL TOGETHER WITH COOKUNITY [CookUnity]( Yes (please), chef. What’s for dinner this week? [CookUnity]( has the answer. Enjoy fresh, ready-to-eat meals prepared by real-deal chefs and aligned with your dietary needs. With new menus every week and flexible plans that suit your busy life, dinner’s officially a no-brainer. [Get 50% off your first week](. CALENDAR [The week ahead](#) [Donald Trump]Drew Angerer/Getty Images For the first time in ages, it appears that neither the sun nor the moon is doing anything especially cool this week. Here’s what else is going on… Deliberations in Donald Trump’s hush money trial could begin Thursday: That is, unless the former president decides to testify, which he said he planned to do before the trial started. “For Trump to testify would be a really dangerous decision,” criminal defense lawyer Tama Kudman told the [WSJ]( citing the possibility that the presumptive GOP presidential nominee’s testimony could turn the trial into a “referendum on his credibility” and steer the jury’s focus away from any holes in the prosecution’s case. “Perhaps the most important earnings report of the year.”: That’s what Jim Cramer says about Nvidia’s report scheduled to drop on Wednesday. The company that beats estimates the way the Harlem Globetrotters beat the Washington Generals is considered a barometer for the entire AI industry, since it controls 65% of the AI data center chip market, according to TechInsights. Analysts are expecting the company to report ~$24.5 billion in Q1 revenue, which would be a YoY increase of 240%. The three-day Microsoft Build event will begin Tuesday in Seattle. The company that brought the world Clippy is expected to announce its latest advancements in generative AI one week after OpenAI and Google revealed upgrades to their AI assistants. Everything else… - The NBA’s conference finals will start on Tuesday, with the Boston Celtics hosting the Indiana Pacers in the East. On Wednesday, the Dallas Mavericks face the Minnesota Timberwolves in the West. - Furiosa: A Mad Max Saga makes its much-anticipated debut in theaters on Friday. The prequel to 2015’s Mad Max: Fury Road stars Anya Taylor-Joy and Chris Hemsworth and has received rave reviews. - Memorial Day Weekend kicks off on Friday. Sunday brings the Indy 500, the Monaco Grand Prix, and the start of the French Open. GRAB BAG [Key performance indicators](#) [Sean "Diddy" Combs]Paras Griffin/Getty Images Quote: “My behavior on that video is inexcusable.” Sean “Diddy” Combs [apologized]( after a video released on Friday appeared to show him physically assaulting Cassie Ventura, his girlfriend when the incident took place in 2016. “I was disgusted then when I did it. I’m disgusted now,” he said. Combs and Ventura settled a lawsuit she filed last November, but Diddy still faces a range of legal threats, including five other civil lawsuits related to sexual misconduct and a federal investigation that resulted in his homes being searched in March. Stat: Ed Dwight, NASA’s first Black astronaut candidate in the 1960s who never made a trip to space, had his dreams come true at the age of 90. Dwight became the oldest person to travel to space, surpassing the record set by William Shatner in 2021, when he and five others left the atmosphere on a Blue Origin flight on Sunday and touched down safely in a West Texas desert. It’s another step forward for the burgeoning space tourism industry—Virgin Galactic has its own six-person commercial flight scheduled for June 8. Read: The beauty of concrete. ([Works in Progress]( NEWS [What else is brewing](#) - [President Biden]( delivered the commencement address at Morehouse College and acknowledged students’ anger over the Israel–Hamas war. - [Disneyland]( character- and parade actors voted overwhelmingly to unionize. - [Xander Schauffele]( won the PGA Championship, his first career major victory. - [Manchester City]( is inevitable—the club won an unprecedented fourth straight Premier League title. - [A city in Texas]( named Kyle attempted to set the Guinness world record for the most Kyles in one place. While 706 Kyles gathered on Saturday, they came up well short of the record set in Bosnia in 2017 with 2,325 Kyles. RECS [Monday to-do list image] How to store a lemon: And [17 other ways]( to keep your leftover food from going bad. Watch: The [spectacular failure]( of the Star Wars hotel. Light it up: The 15 [very best bedside lights](. Reflect: What a WSJ columnist [got wrong]( in a decade predicting the future of tech. Tap into growth: Lithium demand will grow 20x by 2040. EnergyX extracts 300% more than current methods in just two days. [EnergyX is accepting investors for a limited time]( *A message from our sponsor. GAMES [The puzzle section](#) Turntable: Surprise! There are two pangrams in today’s Turntable. [Try to find them here](. Royal portrait trivia Charles III’s [divisive portrait]( is the inspiration for today’s trivia, which asks you to identify the six monarchs in the royal portraits below. How many can you name? (They’re not all British.) [Royal portraits ] SHARE THE BREW [Share Morning Brew]( with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag. We’re saying we’ll give you free stuff and more friends if you share a link. One link. Your referral count: 0 [Click to Share]( Or copy & paste your referral link to others: [morningbrew.com/daily/r/?kid=4904f90a]( ANSWER - Louis XIV - Marie Antoinette - Elizabeth I - Henry VIII - Elizabeth II - Peter the Great Word of the Day Today’s Word of the Day is: innocuous, meaning “not likely to give offense or to arouse strong feelings or hostility.” Thanks to Betty from Mount Dora, FL, and others for the subtle suggestion. Submit another [Word of the Day here](. ✢ A Note From AT&T In-car Wi-Fi Based on independent third-party data. Requires eligible car and wireless service plan. Additional restrictions apply. ✤ A Note From EnergyX This is a paid advertisement for EnergyX's Regulation A+ Offering. 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