This week: Anthropic released an update that seems to have tipped the scales against Software as a Service companies, erasing billions in market value. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a>, unpack why there was such a massive market response to such a small AI plugin, and what it says about the future of tech investment. Then, Disney has finally named a new CEO in Josh D’Amaro. The hosts get what it says about the future of the company that they chose the head Disney Experiences, including their super-profitable theme parks, instead of its Hollywood division. And then, a report has claimed users lose money on prediction markets faster than on traditional gambling apps which Kalshi claimed was an extortion tactic before walking back its statement. The hosts get into the differences between how users interact with the two kinds of apps and what the data says about losses on each.&nbsp;In the Slate Plus episode: Epstein and the business of luxury gifting.Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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