Where’s the AI spending payoff?
Jul 30, 2024

Where’s the AI spending payoff?

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Wall Street wants to know! Big Tech, though, says these things take time. Plus: abandoned gold mines and telephone operators.

Segments From this episode

What does a normalizing job market look like?

Jul 30, 2024
Economists say the supply of jobs and workers is coming into better balance than during the labor shortages of the pandemic.
From May to June, little changed in terms of job openings, layoffs and quits. Take a birds-eye view though, and the labor market has slowed in the last year.
Michael M. Santiago/Getty Images

In a tight housing market, Texas is seeing some relief for buyers

Jul 30, 2024
"I have not seen us write more than two offers before getting an acceptance, whereas before it was writing offer after offer after offer," said Houston real estate broker LaTisha Grant.
House prices are continuing to rise nationally, but Texas is an exception.
Frederic J. Brown/AFP via Getty Images

Wall Street's question for Big Tech: When will all that money you're spending on AI finally pay off?

Jul 30, 2024
For now, it's boosting other parts of the economy — chipmakers and contractors that build data centers, for example.
Investors want to see AI spending start to pay off, but building AI-supportive infrastructure takes time.
Michael M. Santiago/Getty Images

Gold rush mines are a 21st century safety hazard. It may take Colorado decades to close them all. 

Jul 30, 2024
The American heyday of gold mining may be in the past, but thousands of abandoned mines remain a problem for governments to clean up.
Inside the Chicago Carr Mine in Colorado.
Courtesy Gilpin Historical Society

What it was like working as a 411 operator before the internet

Jul 30, 2024
Lilith from Ventura, California, recalls what it was like working as an information operator in a time before the internet.
Lilith said she remembers sitting in a cubicle with headphones on and phone books in front of her as she waited for the calls to roll in.
Joe Raedle/Getty Images

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Sofia Terenzio Assistant Producer
Jordan Mangi Assistant Digital Producer