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Leaders are praised for “seeing around corners” and told to “skate to where the puck is going.” But what if you can’t even see your own feet, let alone a puck or a distant corner? Today’s volatility and uncertainty obscure any clear path to the future, and the forecast isn’t improving any time soon. In a recent World Economic Forum survey, 52% of experts expect an unsettled two-year horizon, 31% anticipate turbulence, and 5% foresee storms. Even if the weather were clear, setting a direction of travel is increasingly difficult as leaders face more complex problems with no obvious or easy solution. Close to 60% of business executives admit that they are missing opp…
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Netflix missed Wall Street’s third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities, while it offered a forecast a touch ahead of Wall Street projections for the rest of the year. The report failed to impress investors accustomed to fast-paced growth from the streaming video pioneer. Shares of Netflix, which had risen 39% this year ahead of the earnings report, fell 6.3%, to $1,163.80, in after-hours trading on Tuesday. Netflix posted net income of $2.5 billion and diluted earnings per share of $5.87 for July through September, a period when the animated K-Pop Demon Hunters became the most-watched movie in Net…
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Gen Xers, born between 1965 and 1980, grew up with MTV and empty houses, earning them the name “latchkey kids.” The first generation who logged onto AOL Instant Messenger and played video games while still enjoying the freedom that came before helicopter parents took over is fascinating. But as a small generation that falls between baby boomers and millennials, they’re often overlooked. When it comes to their spending power, however, Gen X is small but mighty. According to a new report from ICSC, a trade association for retail real estate, Gen X may have more spending power than brands realize. While Gen X only makes up around 19% of the U.S. population, th…
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Low Earth orbit is already getting crowded. Around 14,500 active satellites are circling Earth, and roughly two-thirds of them are run by SpaceX. Now, in filings connected to Elon Musk’s plan to fold SpaceX and his AI firm xAI together ahead of an IPO, the company has asked the Federal Communications Commission (FCC) for permission to launch up to one million more. The figure is so large it would dwarf the number of satellites currently in orbit. In fact, it is more than every object ever sent into space by every nation combined. So why is Musk planning it, and what would it mean for the rest of us? In a public update posted on the SpaceX website as part of the me…
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JPMorgan Chase unveiled its new 60-story headquarters to the public on Monday, one of the first major office buildings to be constructed after the COVID-19 pandemic and one that will remake the New York City skyline for decades. The bronze and steel tower at 270 Park, which reportedly cost $3 billion, replaced the Union Carbide Building, which sat on a full city block at 48th Street and Park Avenue for nearly 60 years. JPMorgan expects to house roughly 10,000 of its 24,000 New York-based employees in the new building, with employees starting their first workday at the tower at the same time as the company holds its ribbon cutting ceremony. “For 225 years, JPMorgan…
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Jeffrey Epstein’s network of money and influence often intersected with scientific and academic communities. The disgraced financier spent years cultivating relationships with researchers at elite universities, frequently dangling the promise of funding. Some of the work he supported has had, and may still have, direct and indirect impacts on Silicon Valley’s most powerful technologies. Epstein was first convicted in 2008 on charges of soliciting a minor for prostitution, yet he continued to maintain a web of relationships across the worlds of technology and academia until he was indicted on federal sex-trafficking charges in 2019. The Department of Justice’s latest …
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AI isn’t eliminating human work. It’s redistributing human judgment, away from routine tasks and into the narrow zones where ambiguity is high, mistakes are costly, and trust actually matters. This shift helps explain a growing disconnect in the AI conversation. On one hand, models are improving at breathtaking speed. On the other, many ambitious AI deployments stall, scale more slowly than expected, or quietly revert to hybrid workflows. The issue isn’t capability. It’s trust. The trust gap most AI strategies overlook AI adoption doesn’t hinge on whether a system can do a task. It hinges on whether humans are willing to rely on its output without checking …
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Around 70% of large-scale corporate transformation efforts fail. That figure has remained consistent for 25 years—and it comes from an era of relatively manageable change. Artificial intelligence will demand far more of companies: faster adaptation, more comprehensive reinvention, and continuous evolution rather than periodic adjustment. Yet more than three years after the launch of ChatGPT, only 5% of businesses report extracting significant value from their AI initiatives. If companies struggled with transformation before, the coming years will be harder still. Managing rapid change is becoming the central competency for business leadership. Every serious observer a…
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TikTok’s U.S. operations are now managed by a new American joint venture, ending a long-standing debate over whether the app would be permanently banned in the United States. The good news for TikTok users is that this deal guarantees that the app will continue to operate within America’s borders. But there’s some bad news, too. Successive U.S. administrations—both Biden’s and The President’s—argued that TikTok posed a national security threat to America and its citizens, partly because of the data the app collected about them. While all social media apps collect data about their users, officials argued that TikTok’s data collection was a danger (while, say, Face…
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Before the age of technological distraction, we lived more in tune with our bodies. We spent more time outdoors where the sun regulated our circadian rhythms, which has been scientifically proven to reduce anxiety and depression. Without constant distraction, people sat in their boredom, which became drivers of artistic endeavors, creative ideas, and human connection. But how many of us can remember the last time we were truly bored?Drove without music, or sat in a coffee shop simply looking out the window? Today, our digital devices have optimized our lives to the point of exhaustion. In pursuit of a frictionless experience, technology has eradicated the natural …
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Kim Kardashian’s apparel brand Skims is outfitting American athletes at the Olympics for the fourth time in a row, and this year’s collection is its cheekiest one yet. Skims and Team USA have established something of an annual tradition. The brand has dressed Olympic and Paralympic athletes in new loungewear-slash-underwear capsules at the Tokyo 2020, Beijing 2022, and Paris 2024 Games—and now, it’s back for Milano Cortina 2026. This year’s collection includes everything from Americana-themed panties to cozy pajama sets, tasteful sweaters, menswear, and accessories. The collection will be available to average folk starting on January 8 at Skims.com and some Skims…
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When the new Chevy Bolt arrives early next year, it will start at $29,995, making it one of the most affordable new EVs in the U.S. It’s thousands of dollars cheaper than Tesla’s “affordable” new versions of its Model 3 and Model Y. It’s also significantly less expensive than the average gas car, and like other EVs, it’s cheaper to operate. GM faces major headwinds with the loss of the $7,500 tax credit for electric cars, and it’s scaled back production plans and cut jobs in response. But the new Bolt is so affordable that it could win over consumers even without the incentive. “We wanted to get that under-$30,000 number,” says Jeremy Short, chief engineer on GM’…
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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. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. This week, I’m focusing on the role of NSFW material on AI platforms, which could be complicated when AI platforms turn into social platforms. I also look at a powerful new Anthropic model for free Claude chatbot users. Sign up to receive this newsletter every week via email here. And if you have comments on this issue and/or ideas for future ones, drop me a line at sullivan@fastcompany.com, and follow me on X (formerly Twitter) @thesullivan. Sam Al…
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When the lights finally dimmed at the 2025 Victoria’s Secret Fashion Show last night, the first thing guests saw was a gold light emanating from backstage. Model Jasmine Tookes, nine months pregnant, opened the show in a gold macramé dress with drop pearls and a pearl and crystal wing in the shape of a clamshell. Art buffs might notice that the shell is a callback to Sandro Boticelli’s renaissance painting “Birth of Venus,” symbolizing sensuality, divine beauty, rebirth, and new beginnings. The cultural reference is a more elevated and considered nod to womanhood than the show’s previous themes, which have included “Santa’s Helpers” or “delicious sweets.” The loo…
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When I was Chief of Staff at CoinDesk, I was in charge of the publication’s approach to AI. One of the earliest debates our internal AI committee had was about whether we should allow AI to index our articles or not. Most of the people on the committee thought we should block AI crawlers. While the fury of media copyright lawsuits had yet to begin, the issue had gotten some traction, and it was easy to make the case that we shouldn’t give our content away to AI companies to summarize unless we were compensated in some way. But one person boldly made the case for the other side: He argued that, if AI becomes the new way people find information, shutting ourselves o…
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Roblox, a gaming app used by nearly half of the entire U.S. population of under-16s, has rolled out a new mandatory safety feature to put a stop to children communicating with adults on the platform. Starting on January 7, players in the U.S. were required to submit to facial age estimation via the app to access the chat feature, although age verification remains optional to play the games themselves. Users in the U.K., Australia, New Zealand, and the Netherlands are already required to complete an age check to chat with other users, but the requirement will now roll out to the U.S. and beyond. The verification is being processed by a third-party vendor, Pers…
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