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Google Bought 34 Years of Data for $10M?! + Equifax's $100M Credit Score Mess | Rich Takes
Google reportedly acquired 34 years of enterprise data from Spirit Airlines, including more than 100 million emails, 500 million Microsoft messages, workflows, and code, for just $10 million. Is Big Tech getting a bargain on the data it needs to train AI?
This week on Rich Takes, Sheena Allen and Sevetri Wilson Taylor break down the biggest stories across tech, business, finance, and culture—including the growing race for valuable data, AI's impact on privacy and consumer pricing, algorithmic dynamic pricing, and Amazon's reported efforts to acquire rare books for AI training. Plus, Equifax is paying $100 million to settle a class-action lawsuit after millions of consumers' credit information was reportedly misreported because of a coding glitch.
The conversation goes deeper into why the credit scoring system may be outdated, and what happens when the financial system gets it wrong. And yes, they also get into the wild Penn State fraternity cocaine-trafficking and hazing case that somehow flew under the radar.
In this episode: Google and the race to acquire valuable data for AI The $10 million enterprise-data deal AI, privacy, and the rise of dynamic pricing Why your search and purchase history could affect what you pay Equifax's $100 million credit score settlement Are credit scores outdated? The Penn State fraternity cocaine-trafficking case The stories flying under the radar this week ---- Rich Takes is the weekly mini-episode, hot-take conversation from Rich Lessons , where Sheena and Sevetri unpack the week's biggest headlines across business, tech, finance, entertainment, lifestyle, and culture.
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