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Market View: Oil at $100, China’s AI Lobster Craze & Adobe’s AI Reckoning

Market View: Oil at $100, China’s AI Lobster Craze & Adobe’s AI Reckoning

Your Money with Michelle Martin · MONEY FM 89.3

March 13, 202619m 25s

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Show Notes

Are you “raising a lobster”?

A new open-source AI agent called OpenClaw - created by an Austrian developer - is sparking a frenzied wave of experimentation across China.

The AI agent can draft reports, organise your inbox and even book you a flight.

Its rapid adoption has spawned a cottage industry of small businesses helping Chinese households set up the software (you need a cloud server to run OpenClaw).

Michelle Martin steers the show with markets on edge as oil surges past US$100, with tensions around the Strait of Hormuz threatening global supply and rattling investors.

Meanwhile in the US, Adobe faces a leadership transition as markets question whether generative AI could disrupt its long-dominant creative software business.

In our UP or DOWN segment, we take a closer look at CrowdStrike and PayPay.

And in today’s Last Word, Michelle spotlight's the global rise of K-pop storytelling.

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