Morning Brew Daily - OpenAI Takes Aim at Google & Southwest Ends Open Seating
Episode Date: July 26, 2024Episode 374: Neal and Toby discuss the massive change to Southwest’s business model by scraping its open seating policy. Will this move save the airliner? Then, the latest GDP report shows the US ec...onomy is stronger than ever, signaling a likely cut by the Fed in September. Next, OpenAI announces a new search engine that will directly compete with Google. Meanwhile, Trump proposes a ‘no tax on tips’ law meant to appeal to the working class, but some say it may actually hurt them instead of helping. Lastly, a beefy Olympics preview covering the latest scandals and intrigue surrounding the Games in Paris. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript
Discussion (0)
Marketers, tell us if this sounds familiar.
You invest in something that seems incredible like millions of views, but then don't see any revenue.
Instead, invest in what looks good to your CFO.
LinkedIn Ads generates the highest row ads of all major ad networks.
Spend $250 on your first campaign on LinkedIn ads and get a $250 credit.
Just go to LinkedIn.com slash MBD.
That's LinkedIn.com slash MBD.
Terms and conditions apply.
Good morning, Brew, Daily Show.
I'm Neil Fryman.
And I'm Toby Howell.
Today, did OpenAI just release its Google Killer?
Introducing Search GPT.
Then pour one out for the People's Airline.
Southwest is getting rid of its open seating policy.
It's Friday, July 26th.
Let's ride.
The Paris Olympics are off to an ominous start.
Just hours before the opening ceremony later today,
France's high-speed rail network was hit with coordinated arson attacks
that has severely disrupted traffic along three train lines, according to the National Railway.
It advised travelers to postpone their trips, if possible, and canceled many trains.
About 800,000 travelers will be impacted due to disruptions that are expected to last through the weekend until Monday.
Not the kind of news you want to wake up to, especially with the opening ceremony coming later today.
The timing could not be worse, because not only is it the day of the opening ceremony, it's also the first day of the opening ceremony.
it's also the first day of the Grand Depart,
which is this key date for Parisians to begin their summer breaks.
Lots of city dwellers leave for the countryside for most of August,
leaving Paris to the tourists.
Obviously, it's a unique year with the Olympics coming to town,
but now people can't get out of town after the attack.
So just hope everything goes smoothly and they can get these repairs done
because it should be a joyous day for Paris.
Now a word from our sponsor, Beehive.
We're already a week into talking about your new,
favorite newsletter platform, and we haven't even mentioned the best part yet, price.
Beehive set up their pricing model in a unique way from all of their competitors.
There's a great free version that you can immediately start using, but if you want access to
their full suite of growth and monetization features, it starts at $39 a month.
But the best part about that $39 a month price tag is that some of those monetization features
like subscriptions or participating in their ad network immediately start paying for themselves.
so you can make back your Beehive subscription fee while using Beehive.
And they never take a portion of your profits either.
So as you scale and become rich and famous, the price you pay for Beehive doesn't go up.
Plus, even if you don't want to be rich and famous and don't think you need Beehive's
entire suite of tools, you can still get access to their custom website and newsletter builder,
campaign analytics, unlimited email stands, and more with their cheaper pricing options.
Beehives got range, baby.
If you want to see what Beehive has to offer, head to Behive.com slash brew.
That's B-E-E-H-I-I-V.com slash brew and get a 30-day free trial plus 20% off three months with Code Brew.
It's time to refresh your yard during spring backyard days at the Home Depot.
Get low prices guaranteed on propane grills starting at $179, like the next grill three-burner gas grill.
Or get $50 off a select Weber Spirit grill and bring big flavor to your backpane.
then set the scene with Hampton Bay string lights that bring it all together.
Shop spring backyard days for seven days at the Home Depot.
Now through May 6th, Exclusion supplies to homedipo.com slash price match for details.
On a long enough timeline, everyone conforms to society's norms.
The hippie liberal arts students work on Wall Street.
The proud city kids move to the suburbs and Southwest Airlines will assign seats to its passengers.
Yesterday, the airline said it would scrap its free-for-all seating policy.
and begin giving each passenger a designated seat, reversing a unique boarding system it had used for its 50-year history.
Every other airline assigned seats in order to segment the cabin and upcharge for premium fuselage digs.
This is the right change at the right time, said Southwest CEO Bob Jordan.
He noted that this is what passengers wanted.
In an internal survey, the company found that the number one thing on Happy Passenger's site is the open seating arrangement at Southwest.
80% of Southwest customers and 86% of potential customers prefer an assigned seat.
Toby, this is a drastic departure from Southwest's longtime business model,
but it's feeling the pressure to act.
An activist hedge fund recently took a $2 billion stake and is pushing for changes.
It looks like some are in store.
This is the end of the world as we know it.
And I do not feel fine.
I am a big Southwest stand.
I loved the open seating arrangement.
It was actually the American Dream.
if you think about it, with a little hard work and some punctuality when you check in for your flight.
You too could sit anywhere in the plane.
It was truly a classless system when so much of America is segmented by class.
But now that dream is dead.
That being said, if you are Southwest CEO and you look at these internal surveys, you look at the data,
it seems like a very easy decision to make, but I can still be sad about it.
You can be sad.
And I think a lot of, you know, Southwest fans are sad about it.
But if you're a business leader and you're trying to make more money, I mean, segmenting the cabin so you can charge for premium seats is the way to go.
And it seems remarkable that they've held off for this amount of time.
Like I said, every other airline does this because it just makes you more money.
United said that revenue from its premium products accounts for more than half of all passenger revenue.
And then Lufthansa says its premium economy cabin is the most productive by square foot, six percent higher than business class.
33% higher than economy class.
So you have Southwest, which is struggling, which we can get to.
And it's like, where can we move the dial to make more money, to add more sales, to become
profitable again?
This is the way to do it.
Yeah, remember, Southwest is in a weird financial spot right now because they actually had a 46% drop
in Q2 profits despite pulling in record revenue.
So clearly they're making money, but they're not being efficient with how much they're
making money.
The issue was that they said they sold too many tickets too early in the summer
travel period so they couldn't get those last-minute procrastinators like myself, honestly,
who booked their flights like three days before they actually go. So they missed out on some of that
last-minute profit squeeze. But then you're right. They also cannot, they don't have the golden
ticket that these other airlines have, which is their first-class economy plus that can help
offset some of those higher labor, higher fuel costs that all airlines have been dealing with.
But Southwest just doesn't have that second gear that they can go into to increase their
profitability. And now a third of their cabin will be premium seating. It made a few other changes
that are of note to bring it more in line with industry standard. So it's going to start flying
overnight. Red eyes. I didn't realize it hadn't done this before. But it is a very popular
way for people coming back from the West Coast to the East Coast. So it's going to start flying
red eyes on February 13th. Next February, it's going to go from Las Vegas, Los Angeles, and Phoenix to
BWI, Baltimore, and also from Vegas to Orlando, Los Angeles to Nashville. So it's starting
these red eyes to just bring it more in line with what the industry is doing. And you're seeing
discount airlines everywhere, the JetBlue, the frontiers, the spirits of the world become
more like their Delta American by segmenting the economy, by segmenting the cabin, by charging
more for a thing. So this Southwest move kind of marks the end of an era. I know I said it,
but for these budget airlines that tried a particular business model,
and it may not be working out in this new aviation landscape.
The final reason that I'm sad about this, though,
is that this was the fastest way for loading a plane.
MythBusters literally did a 2014 study.
Random boarding was by far fastest than back-to-front boarding.
It was faster than even, like, aisle window boarding.
Now it's gone.
Very sad.
I hated it.
It was so stressful.
I agree with the 86% of people surveyed that you want your assigned seat.
It doesn't matter where it is.
I mean, I prefer the window, but it doesn't matter where you are in the plane just to know, you know,
that have that piece of mind that you have a place and you're not going to be waiting at B30,
you know, and your spot in line with Southwest with everyone else.
I think just gives you, you know, a piece of mind going into the airplane.
I think that's what a lot of people want.
You're in the minority.
Like Neal's bench press the other day at the gym, the U.S. economy is looking super.
surprisingly stronger than expected. It grew at a healthy 2.8% annualized rate in the second quarter of the year,
double the 1.4% reading in the previous quarter. Granted, it's a little cooler than last year's
breakneck pace, but that's kind of what you, as an inflation strapped consumer and Jerome Powell want,
an economy that's not too hot, not too cold, but just right. It was the usual suspects in
consumer spending and business investments that accounted for almost all of the growth in the quarter.
government spending at the federal and state levels also chipped in to give the numbers a boost,
kind of like me spotting Neil at the gym.
Home construction, however, is in the timeout corner.
It was actually a drag on economic growth despite coming off three straight quarters of solid numbers.
Neil, this report was almost too good in the sense that it reintroduced some uncertainty
into whether the Fed will actually start cutting interest rates come September.
But the growth wasn't so, so strong so as to totally derail the Fed's plans.
I think it was a day. If I'm a kindergarten teacher, I'm giving this report a big sticker.
It was the perfect report for the Fed to begin cutting interest rates in September.
I want to focus on one particular aspect of the economy, which is non-residential fixed investment.
This is spending by businesses on things like construction, equipment, and software.
And that rose at a 5.2 percent annual rate.
That is a huge number.
And I don't know how much of it is attributed to just data centers.
When I look at those things, I'm like, all right, so that's just, you know, Facebook
and OpenAI building data centers and Nvidia.
But that was a huge part of the growth story here in Q2.
I think there's a great GDP report that shows the economy is still growing very strongly.
Not too hot, not too slow, but right in the sweet spot.
Let's just call out one thing too.
Remember all those gloomy, those doomsday forecasts of recession over the past year,
just definitely have not come to pass.
Every quarter of new data that comes in, it's just worth reminding people that it is still a very good economy.
We've defied a slowdown.
and the headlines that you'll probably see as you're filtering through the news today is that this new data raises a ton of confidence that the economy has achieved that mythical soft landing that we've been referencing since pretty much the dawn of Morning Brew daily.
It does look like we're going to have that healthy economic growth without letting inflation get out of control.
It's been what the Fed and what Jerome Powell have been after this whole time.
So each new report that comes in, we feel more and more confident that we actually are achieving that.
And we'll see what happens with that consumer spending number.
a bunch of companies that reported earnings in the past few weeks have warned of a strapped consumer.
I'm thinking PepsiCo Canagra brands, which makes a ton of food products. UPS had its worst day
ever this week after it said that people were pulling back on spending packages and said
that customers were trading down to cheaper options. They were saying, all right, you can
send it to me, you know, seven to nine days. I'm not opting for that two to three really fast delivery.
Etsy also warned of customers, you know, slowing down their spending. So we'll look at that.
going forward in the Q3 GDP report a little bit, but overall, it seems like consumers are holding up
just okay in this very high interest rate environment. It is shaping up to be a solid next few years
for the U.S. Economy, too, if you want to look ahead. Great time probably to be president as well,
because you have inflation returning to normal. You have the Fed preparing to cut race. You've had this
huge push towards infrastructure spending as well that happened under the Biden administration
that will take time to ramp up, but hopefully that starts paying dividends over the coming years.
So a lot of these projects, both big, big projects, both smaller projects, are kicking off.
So if you are in the presidential race right now, you are kind of licking your chops because it's
probably going to be a productive next four years for you.
Open AI must be feeling lucky because yesterday the company released what may be a Google killer.
It launched a test version of its long-awaited search engine called Search GPT,
which combines the conversational style of its chatbot chat GPT with the ruthless up-to-date
information retrieval of Google.
Search GPT is still in beta, so you can't use it.
But this is exactly what Google execs feared when last year they declared a code-red warning
about OpenAI clawing away at their decades-long dominance in search.
The main question that's dogged an OpenAI search engine is,
where is it getting its information?
And will the publishers providing that information be cited as the source?
Google Search drives a lot of web traffic to news websites, and there are big concerns that an AI
search engine would devastate the news business by scraping articles and providing full
answers.
OpenAI appears very sensitive to this criticism, so its inked partnerships with numerous news outlets
for Search GPT, including the Associated Press in the Wall Street Journal.
It says its search engine will give inline attributions.
to these publications when delivering an answer,
hopefully tamping down fears of information theft.
Toby, what do you make of search GPT?
And should Google be worried?
I think Google should be worried
because the big unlock here
from just a product and a user perspective
is the follow-up question.
That is just a massive unlock
because if you think about going through a Google search,
you probably have to do multiple searches
that add context to what you're looking for.
Whereas if people who have used chat GBT or any of these,
these AI chatbots, they know that it uses context from your previous conversation so you can
talk to it like a normal person who has that contextual information. So I have used not search
GPT, but another competitor perplexity. And it's just a very great experience. Being able to
ask follow-up questions like a normal human being, it is a step above the normal Google experience
that we've all grown up on. So yes, I would be very worried if I'm Google. This is a direct shot
at Google's business and what they've always feared and now it's coming to to pass.
And Google hasn't been complacent here. They've infused their search with AI. The problem is
it's been a complete debacle when they put in their AI overviews feature to Google search
as a way of defending themselves against chat GBT and OpenAI and Search GPT, which just
came, is it failed miserably. It told people to eat rocks and put glue on their food. It just
was a really bad experience, and they had to roll it back a bit.
So Google really hasn't done a good job of defending its search fortress by infusing AI
into its search.
And it looks like OpenAI and Perplexity, which is another competitor.
And there are other ones, too, are sort of taking it to Google.
And Google's just been caught on the defensive.
They've been caught flat-footed.
And they just aren't delivering a product that consumers may want.
Then again, Google Search is just undefeated.
Like, it has gone on for decades.
there have been a lot of attempts to dethrone it, and people just seem to be very used to it.
They know how it works.
And I don't know, you know, there's that long list of hyperlinks, and maybe that in the end,
that's what people just want.
I do think, though, that the way that search GBT is set up, that you can see the sources on the side.
You can click out to them is something that people will enjoy as well.
Because remember, Open AI isn't immune to the hallucinations that Google was having.
Those actually weren't even hallucinations.
they were just taking information from old Reddit post.
They couldn't determine the difference between humor and non-humor.
So I do think the way that these search programs are set up where it literally will give you a citation,
you can see the hyperlink where it's coming from, is a way to get around that.
But opening eye has to nail it as well because they are not immune to having these embarrassing
egg-on-your-face moments.
I think the biggest thing that they'll have to address is this plagiarism of media outlets problem
because perplexity has already had issues with that.
So it's not as much hallucination as much as it is
just directly copying journalists work.
So that's their biggest challenge
that I think they have to solve.
You're already here first.
Toby's declaring the death of Google.
Oh, God, that's not going to age well.
Up next, a deep dive into taxing tips
and your MBD Olympic preview.
Study and play.
Come together on a Windows 11 PC.
And for a limited time,
college students get
the best of both.
World's.
Get the Unreal College deal, everything you need, to study and play with select Windows 11 PCs.
Eligible students get a year of Microsoft 365 premium, and a year of Xbox GamePass Ultimate
with a custom color Xbox wireless controller.
Learn more at Windows.com slash student offer.
While supplies last, ends June 30th, terms at AKA.m.m.S. College PC.
You said this place was steps from the water.
We just haven't found the steps yet.
How much did we save?
Enough.
Enough to get lost.
Or you could book a stay with Hilton.
Welcome to your ocean front room.
Just steps from the water.
The Hilton sale is on now.
Book on Hilton.com or the Hilton app
and save up to 20% to get the stay you expected.
When you want savings, not surprises.
It matters where you stay.
Hilton, for the stay.
So this week, we've talked a bit about what a Harris presidency
might mean for the economy,
but let's look at an interesting economic policy
proposed by former President Trump that affects service workers. Last month, the former president
proposed eliminating taxes on tips. But economists are mixed on the actual benefits of the idea.
The first issue, two-thirds of restaurant workers don't bring in enough income to even pay federal
income tax under the current law. So it wouldn't help the majority while benefiting higher-earning
tipped workers. Plus, you narrow the tax base when you stop taxing tips, so it could
lead to higher taxes for everyone else while warping the labor market to boost the attractiveness
of tipped positions. Neil, this seemingly small and popular policy proposal has much larger
implications that ripple through the tax system as you dig down deeper. If I was an economics
professor, this would be a great exam question. I'd say, okay, there's a policy we have right now
that we're going to tax tips, or we're going to take away taxes on tips. What are 10 downstream
consequences of what this will happen. And it might be a very interesting thought experiment.
Like you said, I think one of the main things is that a lot of people won't even see this,
because there is a threshold for federal income taxes that you need to make at least 13,850
as an individual or just under 30,000 per household in order to just meet the income tax
filing requirements. So this will not impact many service workers to begin with.
there's other unforeseen consequences like you said, warping the labor market.
So this is going to create winners and losers.
And if you're a lower wage worker working in a warehouse or, say, a quick service restaurant like
McDonald's, you don't rely on tips.
So if you're looking to the government saying, why is this person who's working in a fancy
restaurant benefiting from, even though we kind of have a similar job and we're making
the same amount from this particular policy?
And I am not seeing any of the benefits.
So you create a very distinct list of winners from the.
policy and losers from this policy. And another downstream effect, too, is that this policy
would discourage employers from waging the base wages of tipped employees. Remember, the federal
minimum wage for tip workers has been $2.13 per hour since 1991. And obviously, there's been
advocates trying to boost that wage. But again, if you reduce the taxes on their tips, then
that faces another uphill battle to get the, it reduces the pressure to increase that base wage.
So that's another consequences.
A lot of economists for a long time have been a big proponent of a tax system that has low rates and minimal exemptions because that's what a free market should operate as.
You want to minimize government intervention.
You want to ensure that tax policies do not distort economic realities, do not create this winners and loser system.
So it goes in the face of a lot of what economists like Milton Freeman and other free market economists have been pushing for for a long.
time. Yeah, I mean, just if you eliminate taxes on tips, think about how much more tipping is going
to happen because all the incentives will be pushed to that so you could go to any business
and they will probably be transformed to be this tipping business. You go get your car repaired
and they're like, yeah, we've actually transitioned to a tipping structure here. So I'm waiting
for my $10 bill here. So will this happen? It seems unlikely. I mean, when you make changes to
taxes, you can't do it. The president can't do it. It needs an act from
Congress. Ted Cruz, a Republican senator from Texas, has introduced a no taxes on tipping bill.
And it was backed by some Democrats, especially from Nevada. Trump introduced this in Nevada,
which is no surprise because one fifth of all workers there will work in the hospitality industry.
That goes to one in four in Las Vegas. So he was playing to the crowd there. I, you know,
I don't think this is going to happen, but it's just a very interesting economics thought
experiment to think about when you're like, okay, let's just take away taxes from one particular
income stream and what are the impacts of that. Finally, the Paris Olympics start later today. Yes,
get hype and we're going to walk you through some major storylines to follow. Of course,
the one that is most top of mind is the security situation. Today's arson attacks on rail lines
happened far outside of Paris, but the city itself has been turned into an open air
fortress for the games. France is deploying the largest peacetime security operation in its history
to keep people safe, dispatching up to 45,000 police, 10,000 soldiers, and 22,000 private security
guards around the city. They basically turn central Paris into one giant cage with metal fences
and police checkpoints. And this is not going over well with the local shops inside the security
perimeter. Instead of the economic boom that was promised, businesses like bakeries, and I'm not going to
pronounce it in French, and souvenir shops say their sales have dropped 50% or more in the days
leading up to the opening ceremony. There just aren't that many people around on the streets
because you need a special QR code involving a background check to get access to areas
around famous sites like the Eiffel Tower and Notre Dame. Toby, they're going to relax these
checkpoints after the opening ceremony and hopefully the visitors come back, but so far it's been
pretty brutal for these business owners. Right. If you are a business owner who bids on a mega event
like the
Paris or the Olympic Games,
the pitch that you're presented with
is that it's going to bring all these tourists there,
it's going to increase business,
you're going to reap the rewards
of having all this activity around it,
but then when you just have such tight security preferences,
it makes it an unimpealing destination
for tourists to go to.
In some places, they literally cannot even get to these shops.
So that promise has been ripped out
from underneath them.
And it's really, it feels bad for them too,
because they're looking at these big sponsors,
like the Coca-Cola's of the world,
the Adidas of the world that are going to profit handsomely off the games because they are just getting this worldwide exposure.
While you are just a local business and local entrepreneur, you're saying,
why are we coming out the losers in this situation?
We are supposed to come out the winners.
Again, hopefully when those restrictions are lifted, that's when people will start flooding in.
But right now you're feeling like you're getting the short end of the stick.
Yeah, I mean, they are just seeing no customers.
And a big reason why there's such an intense security perimeter in these,
central part of the city is that the organizers have created, turned Paris into just a giant
sports stadium, essentially, whereas in other games, they would have competitions outside of the
city, in the suburbs, or in other smaller cities, or in just areas not in the main, you know,
tourist areas. That is not happening in Paris. They are turning Paris into a giant, just
gymnasium. So they're doing the beach volleyball right next to the Eiffel Tower. They're doing the
BMX and skateboarding in the city's largest public square.
So they're just putting things in the heart of the city, which is very unique and also leads
to a lot more security challenges.
It looks incredible.
Yeah, it looks incredible.
Imagine playing beach volleyball with the Eiffel Tower in the background.
So it's going to be great from a viewership perspective, but you're right, it is tough
from a security perspective.
Also, as with any mega event, there's been a fair share of controversy.
Already, we've had reports of one nation spying on another country after a non-accredited
member of the Canadian women's soccer team
used a drone to record the New Zealand
team during their practice ahead of their game.
As part of the fallout, two staff of the women's team
have been sent home immediately
and their head coach, Bev Preeceman,
has been removed from the program
by the Canadian Olympic Committee.
The Canada Soccer CEO made the decision after saying
additional information has come to our attention
regarding previous drone use against opponents
predating the Paris 2024 Olympic Games.
Neil, we're not even to the Olympic ceremony
and we already have our first cheating
scandal and from the reigning Olympic champions in Canada, no less.
I mean, I'm already calling it. It's Dronegate. I mean, not even Bill Belichick could think
of something like this. It looks like the New Zealand players were just practicing and they
heard a drone or two above them and they were like, what the heck is going on? And that
led to this investigation that found that Canada was doing this for a long time. So I'm
sure this will be a big talking point as we get into the women's soccer tournament.
another scandal that is simmering below the service has to do with swimming.
And it was reported earlier in April that 23 Chinese swimmers had tested positive for a banned
substance ahead of the Tokyo Olympics.
And 11 of those swimmers are competing in the Paris Games as well.
This has drew a lot of criticism from other swimmers, including Americans, including Michael
Phelps, who testified on Capitol Hill about this recently.
And it seems like China exonerated these players.
and then the World Doping Anti-Doping Agency
came in and said that investigation was good
and that these swimmers are good to go.
But there is a lot of criticism and just anger
towards what happened over these Chinese swimming doping scandal.
Yeah, Katie Ledecki has come out and said that
hopefully the athletes competing in the games are clean,
but she said even more important is that they were training clean
because that's where you can accrue the biggest benefits
is that if you are using a banned substance during training,
if you can recover faster,
if you can train harder,
that's when those advantages start to build up.
So I think the word that a lot of people are feeling is just resentment
because they feel like they've done it all clean,
and yet these swimmers that tested positive for a banned substance
are allowed to come right back to the Olympic Games.
So hopefully it doesn't overshadow the swimming,
which should be one of my favorite friends.
Last, the opening ceremony is beginning today
during any other surprises,
and it's going to be a spectacle unlike any other.
For the first time ever, the event will be held outside of a stadium,
Over 300,000 fans are going to pack the banks of the Sen River to watch the athletes float by on more than 90 boats.
Organizers are tight-lipped about the program, but reports indicate that Celine Dion and Lady Gaga are going to perform a duet.
So we have that to look forward to.
The spectacle kicks off at 1.30 p.m. Eastern on NBC and Peacock, hosted by the most random assortment of people you could ever imagine.
Mike Tariko, Kelly Clarkson, and Peyton Manning.
That's a dinner party that I'd like to attend.
am so on board with this, a massive boat parade through the middle of the city is going to be
quite the spectacle. I love breaking it out of the stadium. The one issue I have, though, is that
a lot of athletes have events that they have to compete in soon after the opening ceremony.
Michael Phelps back in the previous Olympic Games had to, like, duck out after being a flag bear
because he had a big swimming event. He didn't want to be on his feet for too long. So some athletes
like Katie Ledecki actually is saying there's nowhere to escape to. I'm on a boat in the
middle of the send, so she has to miss a big part of the opening ceremony. So very cool, though,
idea. I think it's going to bring out a lot of national spirit. Hopefully, everything goes smoothly
with the security, but I will be tuning in. Yeah, absolutely. And the American flag bears are going
to be LeBron James, ever heard of him, and Cocoa Gough, who is an amazing tennis player. That is a wrap
on our shows for the week. Thanks so much for starting your day with us, and take it easy this Friday.
Cancel those afternoon meetings. For any questions, comments, or feedback, you know where to reach us.
Morning Brew Daily at MorningBrew.com.
Let's roll the credits.
Emily Milliron is our executive producer.
Raymond Lue is our producer.
Olivia Graham is our associate producer.
Ed Lewis is our technical director.
Billy Minino is on audio.
Could hair and makeup be the final Olympic torchbearer?
We'll find out later today.
Devin Emery is our chief content officer
and our show is a production of Morning Brew.
Great show today, Neil.
I wish you all well.
Yamava Resort and Casino at San Manuel
is California's number one entertainment destination
for today's superstars.
Catch the Jonas Brothers return to the Yamava Theater stage on April 30th,
the powerful vocals of Demi Lovato on May 17th,
and the signature Southern Country Rock of Eric Church on July 19th.
Tickets on sale now at Yamavatheater.com,
only at Yamava Resort and Casino,
celebrating its 40th anniversary.
UN must be 21 to enter.
