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Last week, Amazon became the latest company to announce massive layoffs. In a memo, senior vice president of people experience and technology, Beth Galetti, revealed that the company would let go of “approximately 14,000” employees, citing AI innovations and a fast-changing world. “This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones),” Galetti wrote. “We’re convinced that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business.” …

Generative AI is evolving along two distinct tracks: on one side, savvy users are building their own retrieval-augmented generation (RAG) pipelines, personal agents, or even small language models (SLMs) tailored to their contexts and data. On the other, the majority are content with “LLMs out of the box”: Open a page, type a query, copy the output, paste it elsewhere. That divide — between builders and consumers — is shaping not only how AI is used but also whether it delivers value at all. The difference is not just individual skill. It’s also organizational. Companies are discovering that there are two categories of AI use: the administrative (summarize a report, dr…

The blockchain is coming to Wall Street. The New York Stock Exchange (NYSE) said on Monday that it was developing a platform to trade tokenized securities, digital representations of assets like stocks and bonds. But exactly when the 233-year-old financial institution will turn it on is still up in the air. Supporters of the technology argue that the change could modernize the NYSE, giving traders some of the same advantages that are enjoyed by investors in the cryptocurrency world. But Wall Street stalwarts are wary of altering a system that has been the bedrock of securities trading for more than two centuries. Curious what the fuss is about? Here’…

For many Black tech founders, raising venture capital is often positioned as the ultimate milestone. It signals that your idea is validated, your business is taken “seriously,” and opportunities begin to take shape. As the managing partner of an early stage VC firm, and a 3X Black tech founder that speaks and meets with thousands of founders a year, I can tell you the truth is far more nuanced. Venture capital can be powerful, but it’s not for everyone. Before chasing your first check, founders need clarity, preparation, and strategy. Fundraising is not just about storytelling or networking; it’s about understanding the system you’re stepping into and deciding whethe…

Super Bowl ad spots range from just 15 to 60 seconds, but their impact lives on through social media for the days, weeks, and sometimes even years that follow. Although around 50 brands bought broadcast time, less than a week later, only a handful are still being talked about. So how can brands best transform their (very expensive) ads from momentary entertainment to long-lasting conversation pieces? Data from Metricool, a social media analytics tool, shows that the Super Bowl ads with the largest reach and impact are ones that use social media to turn their seconds-long time slot into an all-encompassing experience. “Brands should focus on full-scope coverage, r…

For the past decade I have volunteered at St. Francis Inn, a soup kitchen in the Kensington neighborhood of Philadelphia. Kensington, for those not from Philly, has long had a reputation for potent but affordable street drugs. Interstate 95 and the Market-Frankford elevated commuter train line provide easy access to the neighborhood for buyers and sellers, and abandoned buildings offer havens for drug use and other illicit activity. St. Francis Inn Ministries, which was founded by two Franciscan friars in 1979, serves sit-down breakfast and dinner for thousands of people each year, many of whom suffer from poverty, homelessness, and substance use disorder. It also…

Once upon a time, back in 1995, BYD was a little-known battery maker. Today, it is the world’s largest electric vehicle producer after surpassing Tesla in global sales in 2024. This rise reflects a relentless focus on automation and vertical integration. It controls every part of its supply chain. It makes its own batteries, with features unmatched in the industry, even mining raw materials like lithium. Its factories are robotic wonders that run about 97% on their own, building a never-ending stream of cars better than Western equivalents at lower price points. And it also transports its own cars across the world with its own fleet of ships specially designed to carry au…

The launch of a digital art department at upscale auction house Christie’s was precisely as well-publicized as its eventual shuttering was devoid of fanfare. On March 11, 2021, Christie’s made history as the first major auction house to sell art in the form of a non-fungible token (NFT). Digital artist Beeple managed to offload his massive mosaic, Everydays: The First 5000 Days, for a whopping $69 million, generating hundreds of astonished headlines and getting those three letters, NFT, in front of untold scads of early-adopter eyeballs. It was the sale heard ’round the world, a starter pistol kicking off the NFT gold rush. Cut to last month, when Christie’s quiet…

The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. Over the past decade, the rising cost of insulin epitomized the broader systemic issue of higher healthcare out-of-pocket costs that prevented many Americans from accessing essential care. People with diabetes, who rely on insulin to maintain their health, were routinely priced out of accessing their medications—forced to choose between filling their prescriptions or paying othe…

When OpenAI pulled back its latest ChatGPT release—one that apparently turned the helpful chatbot into a total suck-up—the company took the welcome step of explaining exactly what happened in a pair of blog posts. The response was a notable move and really pulled back the curtain on how much of what these systems do is shaped by language choices most people never see. A tweak in phrasing, a shift in tone, and suddenly the model behaves differently. For journalists, this shouldn’t be surprising. Many editorial meetings are spent agonizing over framing, tone, and headline language. But what is surprising—and maybe even a little disorienting—is that the same editorial se…

Google has made it much easier to find the answers we seek without navigating to various websites, but that has made it much harder to do business for media companies and other creators. And this new era of artificial intelligence-powered search will reshape the future of the internet, according to Matthew Prince, cofounder and CEO of Cloudflare. Cloudflare has a unique vantage point because it counts content creators and artificial intelligence companies among the more than 20% of the internet that sits behind its network. Driven by a mission to build a better internet, the San Francisco-based company is invested in finding a solution that works for all players invol…

Unlimited PTO policies were all the rage for a while, but now they’re starting to lose their allure. Here, experts weigh in on why companies are shifting away from this once-popular benefit, what alternative solutions look like, and why other options can be more effective. Failing to Deliver Unlimited paid time off policies are losing popularity because, in practice, they often fail to deliver the flexibility and wellness benefits they promise. While they sound progressive, the reality is that many employees end up taking less time off under these policies. Without a clear benchmark for what’s considered “normal” or acceptable, employees often hesitate to use thei…

Dating in 2025 has been rough. According to articles, data, and personal narratives on social media, it seems that it’s never been more challenging to find a partner. But, according to a new report, when it comes to one qualification, daters may actually be lowering the bar. Tawkify, a matchmaking service, surveyed 1,010 U.S. adults to find out how work-related trends are shaping modern dating. Turns out having a job is no longer a must-have for a growing number of romance seekers. These days, only 29% of daters say that unemployment is a red flag that would make them inclined to turn down a potential partner. Likewise, while living with one’s parents would’ve once b…

When Moath al-Alwi left Guantánamo Bay for resettlement in Oman, accompanying him on his journey was a cache of artwork he created during more than two decades of detention. Al-Alwi was detainee number “028”—an indication that he was one of the first to arrive at the U.S. military prison off Cuba after it opened in January 2002. His departure from the detention center on January 6, 2025, along with 10 fellow inmates, was part of an effort to reduce the prison’s population before the end of President Joe Biden’s term. For al-Alwi, it meant freedom not only for himself, but also for his artwork. While not all detainees shared his passion, creating art was not an unc…

Many brands take advantage of Mother’s Day to sell more products, like flowers and cupcakes. But 50 companies, including workwear label M.M. LaFleur, framing startup Framebridge, and stroller brand Bugaboo, are joining forces to draw attention to America’s lack of federal paid leave. Across the country on Saturday, May 10, the nonprofit MomsRising, the Paid Leave for All campaign, and 50 brands are hosting pop-ups in New York City; Washington, D.C.; Philadelphia; Nashville; Hoboken, New Jersey; and Cleveland, offering more than $100,000 in donated goods and services. The idea is to help new moms by giving them things like formula, breast pumps, clothing, and strollers…

Being seen is a fundamental human need. We all can recall a moment when we truly felt “seen” by someone for who we are, and how good and empowering it made us feel. When this happens, it deepens our sense of belonging and makes us more connected to our work, and to others. And today, with so much of our attention being scattered and superficial, being truly seen is as surprising as it is refreshing. Research supports this: a sense of social belonging is one of the strongest predictors of engagement and performance at work. According to Deloitte’s Global Human Capital Trends report, 79% of organizations say that creating a sense of belonging is important or very import…

This week, news reports revealed that Meta would be cutting hundreds of jobs in its AI division. The layoffs will impact employees who work on AI products, research, and infrastructure. They come after Meta went on a hiring spree to shore up its AI efforts. But despite the job cuts, Meta’s chief AI officer told the Wall Street Journal that the company would, however, continue hiring “AI native” talent—a term that seems to have quietly slipped into the corporate lexicon amid the AI arms race. For the last decade, the term “digital native” has been circulating to describe Gen Z, as many of them don’t know life without the internet. The cohort following them, Generat…

Fast food giant Yum Brands has worked for years to distance itself from third-party tech partners. Last week, it made the ultimate power move: a development deal with Nvidia, a tech giant consistently ranked among the most valuable companies in the world. “We want to own the intellectual property. We want to own the technology,” Yum Brands chief digital and technology officer Joe Park told the Wall Street Journal. “That’s a shift in our strategy as we think about AI.” In other words: Yum knows its strength and wants full control over its own data. The company will build more services for its 61,000 restaurants with Nvidia’s tech with the goal of quickly processin…

Last week, Netflix announced it was buying Warner Bros. in a massive $82.7 billion deal. The streaming giant’s acquisition will set Netflix, which already leads the streaming wars, even further apart from competitors, as it will also add HBO, a Warner subsidiary. But while the deal will further cement Netflix’s domination, questions are swirling around how it will impact viewers, as well as the talent platforms rely on. Streaming platforms have recently undergone consolidation, creating three mega-platforms. According to a Forbes survey, Netflix is the most popular streaming service in America with 55% of Americans saying they use it, followed by Amazon Prime (51%), and…

By the end of October, David, who works at a roughly 2,000-person finance firm in New York, already knew he’d be working during the holiday season this year. Usually at the office, he learned he’d at least get to work remotely between December 26 and January 1—with the way the financial calendar fell, it was inevitable that he couldn’t just disappear for clients (like institutional investors and family offices) during that time. He says the schedule doesn’t really bother him. “I’m not in a trench in the middle of a battlefield here. I’m not laying bricks,” he says. “It’s not terribly unrealistic work that they’re asking us to do.” Mainly, he’s expected to respond…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. During the pandemic housing boom, homebuilders saw their number of unsold completed new builds dry up as overheated demand quickly absorbed almost everything for sale. That is exactly what was experienced by D.R. Horton, America’s largest homebuilder, which had just 600 unsold completed new builds for sale in fiscal Q2 2022—compared to 4,700 in its fiscal Q2 2020. However, as the pandemic housing boom ended and the market shifted, U.S. homebuilders saw their unsold new builds spike back up. At the end of its fiscal Q2 2025—the three months ending Ma…