Quicken Loans CEO: Millennials Have Changed the Real Estate Market
Quicken Loans is the largest online retail mortgage lender in the country. It has been leading the push towards digitization in the mortgage industry for over a decade.
It is also at the heart of Downtown Detroit's revitalization. The company moved its headquarters into the Motor City in 2010 and has been committed to investing in the city ever since.
Jay Farner, CEO at Quicken Loans, explains why the company ditched its brick-and-mortar stores years ago. He says that people are going to see even more mortgage lenders making the same move.
Farner also shares why Quicken Loans is so heavily invested in the Detroit community. He says that commitment isn't changing anytime soon.
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
CNN is launching a new “All Access” streaming subscription in the U.S. on October 28th, priced at $6.99 a month, or just $69.99 if you sign up for a full year.