🍎 Apple's Car-Sized Problem

Can CarPlay be the answer to Apple's car problems? And what Bill Gates uses AI for

Happy Monday, Zingers! Hope this morning isn’t too rough for you if you celebrated St. Patrick’s Day over the weekend. According to estimates, more than 50% of Americans participated in some form of celebration for the holiday, spending more than $6 billion collectively.

St. Patrick’s Day is Guinness’s best day of the year, selling more than 13 million pints worldwide. This month Guinness jumped from its usual spot below the top 15 most popular beers in the U.S. to 9th.

Before we dive in, want to bring in a little bit of extra cash without picking up a second job? Check out today’s partner.

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MARKET SNAPSHOT

Last Week: Hot inflation numbers sent the market lower on the week. But futures look to be edging higher, so maybe a green weekend will lead to a green week 🍀.

On Our Radar: Not a whole lot on the schedule for today, but Wednesday will be a big day for the markets. The FOMC will announce its interest-rate decision at 2 PM ET and there will be a J. Powell press conference at 2:30.

TOP STORY
GIF by Marcie LaCerte

Briefly: Microsoft co-founder Bill Gates shared his thoughts on the current limitations and potentials of AI.

What Happened: Despite its shortcomings, Gates believes that AI's potential benefits for humanity are too significant to ignore. In an interview with Dax Shepard on the Armchair Expert podcast, Gates acknowledged that AI has its strengths and weaknesses. He noted that technology is not a magical solution to problems that humans struggle with.

Quoted: “I’m using it all the time and saying, ‘Okay, no, it’s not good enough for this — but wow, it is good enough for that.'” said Gates.

Not There Yet: Gates pointed out that AI struggles with certain tasks that humans find challenging, such as complex math and predicting human emotions and relationships.

PRESENTED BY FINANCE BUZZ

Having a little bit of extra cash padding feels good … secure … and safe.

But finding ways to get extra cash (that are actually worth your time) can be challenging. That’s why we came up with a curated list of the best side hustles you can do right now — that still work in 2024!

FIVE ZINGERS

Hindsight’s 20/20: Here’s how much you would have made if you bought the COVID-19 market crash lows almost exactly four years ago.

r/trending: Reddit’s imminent IPO is getting a lot of buzz. The popular social media app will hit the markets later this week.

Release The Grok: Elon Musk is reportedly releasing his Grok AI product to be open-sourced. But there’s a catch.

Happy Anniversary: It’s not just the COVID lockdown anniversary. Solana was released four years ago and has gone up nearly 20,000%.

Buy The Dip? Bitcoin’s been on a tear, but a sell-off over the weekend brought the largest crypto below $68k. Here’s what’s going on.

ONE FOR THE ROAD
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Basically: With the self-driving car now a pipedream for Apple, the company is doubling down on its efforts on CarPlay. It’s a system designed to connect iPhones to cars infotainment screens, said Bloomberg’s Mark Gurman on Sunday.

Project IronHeart: Apple CarPlay is now the “only hope of seriously cracking the automotive market,” said Gurman in the latest installment of his “Power On” weekly newsletter. “The concept for the new CarPlay, known as Project IronHeart within Apple, was to take the system to the next level by fully integrating it into vehicles,” he said.

More Control: The system, according to the columnist, was meant to “take over more screens and a car's instrument cluster, as well as features like the radio and air conditioning system.” Currently, the interface is focused on allowing a user to operate Apple services and “doesn’t handle most of a car’s controls,” he said.

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PRESENTED BY FINANCE BUZZ

When rent is due on the first of the month, it can be a stressful moment for millions of Americans. Things aren't getting any easier either with soaring inflation, a pending recession, and stratospheric interest rates all happening at the same time.

If you’re struggling financially, you’re not alone. Here are 6 weird (but totally normal) things you can do right now that could help with paying your rent on time.