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Indian Prime Minister Narendra Modi on Thursday invited leaders of some of the top artificial intelligence companies to gather on stage as part of a commitment to build more “inclusive and multilingual” AI around the world. And they did. But what caught some of the audience’s attention, and later went viral on social media, was an awkward interaction between two rival tech leaders: OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei. Modi, host of the India AI Impact Summit in New Delhi, clasped hands with those closest to him — Altman to his left and Google CEO Sundar Pichai to his right — and beckoned all 13 tech leaders to lift their hands up in a chain, like …
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Figma’s fourth-quarter earnings report arrived on Wednesday afternoon with a notable claim from one of its top executives: AI should “complement,” not replace, employees. It’s a bold statement from the leader of a tech company at a moment when many are scaling back. “We don’t see it as a tool that replaces our talent, but rather how can we augment the team that we already have,” Figma CFO Praveer Melwani said during Figma’s earnings call. “So we will continue to hire, but we will be able to complement that with efficiency gained by some of the tools out there as well.” The comment came in response to an analyst’s question about how AI might impact Figma’s res…
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The Reese’s brand just took a hit from an unlikely source: the descendant of its founder. In 1919, H.B. Reese created his eponymous candy company. In 1928, he invented the flagship peanut butter cups that would define his brand, and in 1963, his sons sold the company to The Hershey Co. Now, H.B. Reese’s grandson Brad Reese is standing up for his grandpa’s original recipe, alleging that Hershey has replaced a portion of Reese’s Peanut Butter Cups’ key ingredients with lower-quality alternatives. Reese addressed Hershey via a LinkedIn post on Valentine’s Day that has since gone viral, claiming that the company now uses “compound coatings” instead of milk chocolate, …
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Eileen Gu, the 22-year-old Chinese freeskier who just became the most decorated Olympian in women’s freestyle skiing, stood up for herself when speaking to a reporter at a press conference this week. In doing so, the skier unwittingly gave women everywhere an absolute masterclass in knowing their worth. The skier, who previously earned a gold medal and two silvers at the Beijing winter games in 2022, has earned two more silver medals at the current Milan Cortina games, becoming the most decorated athlete in her sport. And she’s not finished yet—Gu is still set to compete in the women’s halfpipe qualifier on Thursday and the halfpipe final on Saturday. The skier is al…
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As national Democrats search for a unifying theme ahead of the fall’s midterm elections, a California proposal to levy a hefty tax on billionaires is turning some of the party’s leading figures into adversaries just when Democrats can least afford division from within. Vermont Sen. Bernie Sanders traveled to Los Angeles on Wednesday to campaign for the tax proposal, which has Silicon Valley in an uproar, with tech titans threatening to leave the state. Democratic Gov. Gavin Newsom is among its outspoken opponents, warning that it could leave government finances in crisis and put the state at a competitive disadvantage nationally. At an evening rally near downtown, Sande…
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Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week via email here. The AI ‘arms race’ may be more of an ‘arm-twist’ The big AI companies tell us that AI will soon remake every aspect of business in every industry. Many of us are left wondering when that will actually happen in the real world, when the so-called “AI takeoff” will arrive. But because there are so many variables, so many different kinds of organizations, jobs, and workers, there’s no satisfying answer. In the absence of hard evidence, we rely on anecdotes: success stories from founde…
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From afar, Lego’s new set inspired by Claude Monet’s painting Bridge over a Pond of Water Lilies looks like a slightly more vivid version of the original. Step a bit closer, though, and you’ll find that its intricate brushstrokes are composed of Lego bananas, katana swords, and carrot tops. The new 3,179-piece set was created in collaboration with The Metropolitan Museum of Art, where Monet’s original 1899 artwork, inspired by his idyllic garden in Giverny, is on display. Lego’s designers spent more than a year working in tandem with the museum’s curators to faithfully re-create the original painting’s iconic Impressionist scene. The set will be available to the publi…
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Baby care brand Frida is facing online backlash after screenshots of sexual innuendos in its marketing materials began circulating on social media. Frida, which describes itself as “the brand that gets parents,” sells a range of baby care, fertility, and postpartum products through major retailers, including Target. Last week, an X user shared images of several products’ packaging, writing: “sexual jokes to market baby products is actually sick and twisted @fridababy this is absolutely appalling and disgusting.” The post has since gained almost five million views on X. Among the examples highlighted is a social media graphic promoting the company’s 3-in-1 Tru…
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Indian Prime Minister Narendra Modi on Thursday pitched India as a central player in the global artificial intelligence ecosystem, saying the country aims to build technology at home while deploying it worldwide. “Design and develop in India. Deliver to the world. Deliver to humanity,” Modi told a gathering of some world leaders, technology executives and policymakers at the India AI Impact Summit in New Delhi. Modi’s remarks came as India — one of the fastest-growing digital markets — seeks to leverage its experience in building large-scale digital public infrastructure and to present itself as a cost-effective hub for AI innovation. The summit was also addressed by F…
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AI is helping teams build software and tools faster than ever—but that doesn’t mean we’re building smarter. I’ve seen entire prototypes spin up in a day, thanks to AI coding assistants. But when you ask how they were built, or whether they’re secure, you get a lot of blank stares. That’s the gap emerging now, between what’s possible with AI, and what’s actually ready to scale. What looks like progress can quickly become a liability. Especially when no one’s quite sure how the thing was built in the first place. Before you go all-in on AI-assisted coding, check these five fault lines: 1. You can’t govern what you can’t see. Perhaps the most overlooked ri…
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The annual NFL tradition of firing the head coach as the season ends continues. This year, 10 top coaches got the axe, a staggering 31% of all NFL coaches. And they include football legends like John Harbaugh, after 18 seasons with the Baltimore Ravens, and Sean McDermott, who took the Buffalo Bills to the playoffs in eight out of nine seasons. Firing the head coach—just like firing the CEO in the business world—is the easy answer, and it looks good in the media: decisive, forward-looking, taking action. But, most times, this act alone falls short of fixing the problems that contributed to an organization’s failures. PART OF A SYSTEM In reality, the CEO is part…
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They say job hunting is just like dating. Some are taking that advice literally. “Job market so bad I’m using Hinge to find work,” one job seeker posted on TikTok in December. Sharing a look at her dating app profile, in place of a photo of her best angle, she instead uploaded a snapshot of her résumé. Answering the prompt “a life goal of mine,” she wrote “to find work in the creative industries.” Since it was posted in December, the video has gained almost a quarter of a million views. In a recent update, the TikTok user shared that Hinge has since taken down her profile for breaking their policies. But she is not the only one. Others are also using th…
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When Sergey Brin spoke at Stanford University’s school of engineering centennial celebration recently, the Google co-founder was open about his career mistakes. “When you have your cool new wearable device idea, really fully bake it before you have a cool stunt involving skydiving and airships,” he joked, referring to the infamous Google Glass flop. But one misstep he admitted to might surprise a lot of people who dream of the day they can quit their 9-to-5. “I actually retired like a month before Covid hit, and it was the worst decision,” Brin said. He was such a failure at retirement that he has since returned to everyday work at Google, spearheading its effort…
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“Before The Whale, I had everything to prove. And now, to be honest, not so much,” Oscar winner Brendan Fraser, 57, told AARP The Magazine in an interview last month. The 50-and-older segment is the fastest-growing demographic in the world, according to Myechia Minter-Jordan, AARP’s CEO. And three years ago, Fraser—a Hollywood mainstay for 35 years whose career has been marked by challenges like depression and work drought—was nominated for (and won) his first Academy Award for playing the lead in director Darren Aronofsky’s prestige drama The Whale. In his acceptance speech, Fraser thanked Aronofsky “for throwing me a creative lifeline.” In the interview with AA…
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Most leaders understand their message needs to define exactly who their work is for. Fewer realize that it should also define who it’s not for. Fewer still realize that their message is unintentionally excluding some of the very people they want to attract. Effective messaging repels on purpose. Careless messaging excludes by accident. And for leaders, knowing the difference can make or break your organization’s credibility. REPEL TO ATTRACT The idea of intentionally turning away potential customers can make leaders uncomfortable. It seems counterintuitive, even reckless, to deliberately shrink your total addressable market when you’re trying to grow. But tryi…
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At the Winter Olympics, skiers, bobsledders, speedskaters, and many other athletes all have to master one critical moment: when to start. That split second is paramount during competition because when everyone is strong and skilled, a moment of hesitation can separate gold from silver. A competitor who hesitates too much will be left behind—but moving too early will get them disqualified. Though the circumstances are less intense, this paradox of hesitation applies to daily life. Waiting for the right moment to cross the street, or pausing before deciding whether to answer a call from a number you don’t recognize, are daily examples of hesitation. Importantly, some ps…
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Fifty years is a long time for any company to stay in business. About 20% fail in their first year. By year five, roughly half are gone. By the end of a decade, nearly 70% don’t make it. Reaching a golden anniversary raises a question about what allows some businesses to last. The answers are often framed in terms of Herculean efforts, access to capital, and brilliant strategy. All those matter. But in my experience, the gift of longevity is the result of something less visible and harder to measure: the quality of the relationships built along the way. This factor was apparent to me when I opened my first flower shop on April 1, 1976, and it only grew stronger as…
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Change often fails and that rarely has anything to do with whether the concept is a good one or not. As Howard Aiken famously put it, “Don’t worry about people stealing your ideas. If your ideas are any good, you’ll have to ram them down people’s throat.” As the creator of the Harvard Mark, one of the very first computers, he was speaking from experience. The truth is that any time you set out to make an impact there’s going to be some who won’t like it. They’ll seek to undermine what you are trying to achieve and they will do it in ways that are dishonest, underhanded and deceptive. It’s a hard truth, but one we all need to accept: resistance is inevitable when you …
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Imposter syndrome happens when we have the feeling that we do not deserve what we have achieved, fearing that we’ll be discovered to be fakes or frauds. Our successes, we tell ourselves, were achieved not through our actual abilities and talents, but through some combination of luck, timing, and mistakes others made that allowed us to slip through the cracks. Nobody is immune to this feeling, and it affects all segments of the public—from leaders, artists, actors, and the people we see as high achievers. Sheryl Sandberg, Harvard grad and former Facebook COO, wrote in her 2013 book Lean In: “Every time I took a test, I was sure that it had gone badly. And every time I…
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Sebastian Siemiatkowski, CEO of Swedish fintech company Klarna, says the organization is set to employ drastically fewer people. And he says he shares his outlook on the workforce with another CEO: Anthropic’s Dario Amodei. Siemiatkowski made the comments on the 20 VC podcast with Harry Stebbings earlier this week, where the CEO didn’t deny that the company has been steadily shrinking. The CEO said that currently the company has about 3,000 employees. That’s down from 7,000 just four years ago. In another four, he says there will likely be less than 2,000—a reduction of one-third. Siemiatkowsk said employees leaving the company are not being replaced, and expla…
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Mark Zuckerberg and opposing lawyers dueled in a Los Angeles courtroom on Wednesday, where the Meta CEO answered questions about young people’s use of Instagram, his congressional testimony, and internal advice he’s received about being “authentic” and not “robotic.” Zuckerberg’s testimony is part of an unprecedented social media trial that questions whether Meta’s platforms deliberately addict and harm children. Attorneys representing the plaintiff, a now 20-year-old woman identified by the initials KGM, claim her early use of social media addicted her to the technology and exacerbated depression and suicidal thoughts. Meta Platforms and Google’s YouTube are the …
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A new $7.25 billion settlement between Bayer and a group of cancer patients could wrap up a huge wave of lawsuits against the company over allegations that it didn’t warn consumers about cancer risks associated with the weedkiller Roundup. Bayer faces more than 180,000 claims over Roundup, which contains the herbicide glyphosate – the chemical at the center of the controversy. Most of those claims are from people who used the weedkiller, which is sold at any hardware or garden store, at home. The lawsuits have prompted Bayer to pull glyphosate out of many products under the Roundup brand, though glyphosate is still commonly used by farmers and in the agriculture busin…
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The pressure to adopt AI is relentless. Boards, investors, and the market tell us that if we don’t, we’ll be left behind. The result is a frantic gold rush to implement AI for AI’s sake, leading to expensive pilots, frustrated teams, and disappointing ROI. The problem is that we’re treating AI like a magic wand—a one-size-fits-all solution for any problem. But true transformation comes from strategically applying it where it can make the most impact. This is the “AI sweet spot,” where the real competitive advantage lies. It’s not about having the most advanced AI, but about having the right AI, applied to the right problems, with the right people. Here are five …
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