# Odyssey hits $1.45B valuation, State Farm Cuts Commissions 40% AI Shift

Page: https://stenobird.com/podcast/ai-chat/odyssey-hits-1-45b-valuation-state-farm-cuts-commissions-40-ai-shift
Text version: https://stenobird.com/podcast/ai-chat/odyssey-hits-1-45b-valuation-state-farm-cuts-commissions-40-ai-shift.md
Podcast: [AI Chat: AI News & Artificial Intelligence](https://stenobird.com/podcast/ai-chat)
Published: 2026-06-17T21:36:57+00:00
Episode link: https://rss.com/podcasts/ai-chat-podcast/2923764
Audio file: https://content.rss.com/episodes/365073/2923764/ai-chat-podcast/2026_06_17_21_32_08_b66b68f0-1b40-41a2-9ac5-25796d0f19f1.mp3
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Duration seconds: 1064

## Resource

In this episode, we discuss State Farm's controversial decision to reduce commissions for its sales agents due to advancements in AI technology. Additionally, we explore Allbirds' unexpected name change to Smartbirds as they pivot to AI infrastructure, the launch of Pinterest's AI shopping app, and the public's rising skepticism towards AI. Chapters 00:00 Introduction 02:00 State Farm's Commission Cuts 04:12 Allbirds Rebrands to Smartbirds 09:24 Achieves $1.45B Valuation 15:34 Pew Research on AI Sentiment 16:42 Social Media Algorithm Control Show Links Get Images in Claude with the AI Box MCP: ⁠⁠ https://aibox.ai /mcp How I Grow and Scale My Business with AI: https://www.skool.com/aihustle Get the AI Chat Daily Newsletter: https://www.aichatdaily.com/newsletter

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## Transcript

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