Rich Lessons

← Rich Lessons20 aug · 11 min

Google Bought 34 Years of Data for $10M?! + Equifax's $100M Credit Score Mess | Rich Takes

Google Bought 34 Years of Data for $10M?! + Equifax's $100M Credit Score Mess | Rich Takes20 aug11 min

<p>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?</p><p><br></p><p>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&#39;s impact on privacy and consumer pricing, algorithmic dynamic pricing, and Amazon&#39;s reported efforts to acquire rare books for AI training.</p><p><br></p><p>Plus, Equifax is paying $100 million to settle a class-action lawsuit after millions of consumers&#39; 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 The conversation goes deeper into why the credit scoring system may be outdated, and what happens when the financial system gets it wrong.</p><p><br></p><p>And yes, they also get into the wild Penn State fraternity cocaine-trafficking and hazing case that somehow flew under the radar.</p><p><br></p><p><strong>In this episode:</strong></p><ul><li>Google and the race to acquire valuable data for AI</li><li>The $10 million enterprise-data deal</li><li>AI, privacy, and the rise of dynamic pricing</li><li>Why your search and purchase history could affect what you pay</li><li>Equifax&#39;s $100 million credit score settlement</li><li>Are credit scores outdated?</li><li>The Penn State fraternity cocaine-trafficking case</li><li>The stories flying under the radar this week</li></ul><p><br></p><p>----</p><p><br></p><p><strong>Rich Takes</strong> is the weekly mini-episode, hot-take conversation from <strong>Rich Lessons</strong>, where Sheena and Sevetri unpack the week&#39;s biggest headlines across business, tech, finance, entertainment, lifestyle, and culture.</p><p><br></p><p>Listen to Rich Takes every week and subscribe to Rich Lessons for the full conversations.</p><p><br></p><p><strong>Apple Podcasts:</strong> <a href="https://podcasts.apple.com/us/podcast/rich-lessons/id1787798124">⁠https://podcasts.apple.com/us/podcast/rich-lessons/id1787798124⁠</a></p><p><strong>Spotify:</strong> <a href="https://open.spotify.com/show/40jGSUvVrMbxKcJ1ghE8kl?si=9666ca84559c4e16">⁠https://open.spotify.com/show/40jGSUvVrMbxKcJ1ghE8kl?si=9666ca84559c4e16⁠</a></p><p><strong>YouTube:</strong> <a href="https://www.youtube.com/@richlessonspodcast">⁠https://www.youtube.com/@richlessonspodcast⁠</a></p>