Tech
Most companies using AI are ‘lighting money on fire,’ says Cloudflare CEO Matthew Prince
The outspoken CloudFlare founder said the time and money that businesses are pouring into early AI projects are unlikely to yield returns, and he blasted cloud providers for making the problem worse.
December 12, 2023
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- Data SheetGoogle’s Epic loss has implications for the whole tech world
- CEO Weekly EuropeEurope is ‘falling behind,’ warns JLL CEO Christian Ulbrich: ‘Our wealth is melting away at rapid speed’
- Fortune CryptoCrypto is ‘so back’ for everyone—except retail investors
- BroadsheetExclusive: A four-time founder raises $7 million for an online discount store that competes with TJ Maxx and Instacart
- CHRO DailyHR leaders share their No. 1 priority for 2024 as they brace for a decline in retention and employee engagement
- Term SheetApex Fintech Solutions, which called off its SPAC merger in 2021, has revived plans to go public
Commentary
- careersWorkers are turning to music as stressful workplaces become the norm. Here’s the science of how it works–and how to find your soundtrack to success
- A.I.AI emissions are fueling a new doomerism. This time it’s climate change
- ChinaBiden and American business must mobilize for the economic conflict with China
- cryptocurrencyPoliticians and regulators keep shouting that crypto is synonymous with fraud. Here’s why they’re wrong
- HealthClimate change is unleashing a tsunami of infectious diseases–and we have fewer and fewer drugs that can treat them
- economyEconomic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?
Topics
Asia
Climate activist Al Gore blasts COP28 outcome as biggest failure in history—it ‘reads as if OPEC dictated it word for word’
Bentley follows Lamborghini with launch of $260,000 luxury SUV to tap ‘the most important market’ in Asia
JD.com’s billionaire founder tells employees not to ‘lie flat’ as Temu-owner PDD gains ground on him and Alibaba founder Jack Ma
Environment
The U.N. has made 5 big promises over 30 years of climate talks—here’s a look at how they’ve turned out
Climate activist Al Gore blasts COP28 outcome as biggest failure in history—it ‘reads as if OPEC dictated it word for word’
AI emissions are fueling a new doomerism. This time it’s climate change
Finance
Inflation rate fell to 3.1% in November as plummeting gas prices offset rising costs of cars, insurance, and dining out
Apex Fintech Solutions, which called off its SPAC merger in 2021, has revived plans to go public
Choice Hotels launches $8bn hostile takeover bid for bigger rival Wyndham after being rebuffed repeatedly
Health
Climate change is unleashing a tsunami of infectious diseases–and we have fewer and fewer drugs that can treat them
Once high-flying SmileDirectClub, valued at $8.9 billion just 4 years ago, to shut down after last-minute push to save it collapses
Millennials and Gen Xers might be the unluckiest caregivers in history. Here’s how their crisis is affecting every workplace
Leadership
Accenture CTO says ‘there will be some consolidation’ of jobs but ‘the biggest worry is of the jobs for people who won’t be using generative AI’
Businesses aren’t prepared for AI’s massive labor disruption, but experts say focusing on a few key changes is vital
Most companies using AI are ‘lighting money on fire,’ says Cloudflare CEO Matthew Prince
Lifestyle
Workers are turning to music as stressful workplaces become the norm. Here’s the science of how it works–and how to find your soundtrack to success
World’s best cities for expats are almost all in the most-expensive parts of Europe—and the U.S. and U.K. are way down the list
PepsiCo will make Doritos-flavored cocktails for Gen Z alongside Danish distillery founded by alumni of the world-renowned Noma restaurant
Personal Finance
Surprise: Wage growth has actually outpaced the crushing inflation over the past 2.5 years. ‘The economy appears to be doing better than a lot of people might realize’
Americans feel happiness drain away as daily treats like coffee cost more and more. Here’s how to keep them from adding up
Inflation rate fell to 3.1% in November as plummeting gas prices offset rising costs of cars, insurance, and dining out
Politics
Ron DeSantis’ attorneys ask a federal judge to dismiss Disney’s free speech lawsuit in a move Disney calls ‘profoundly un-American’
Climate activist Al Gore blasts COP28 outcome as biggest failure in history—it ‘reads as if OPEC dictated it word for word’
AI emissions are fueling a new doomerism. This time it’s climate change
Retail
Carlsberg CEO plans to continue hiking beer prices and expand in Asia as the brewer tries to offset the loss of its ‘stolen’ Russian business
Delta CEO says fears business travel has died are greatly overstated—hybrid workers are just shifting the data
Transformers maker Hasbro slashes 1,100 jobs ahead of holiday season as its low sales streak proves ‘more persistent than planned’
Success
Accenture CTO says ‘there will be some consolidation’ of jobs but ‘the biggest worry is of the jobs for people who won’t be using generative AI’
Businesses aren’t prepared for AI’s massive labor disruption, but experts say focusing on a few key changes is vital
Workers are turning to music as stressful workplaces become the norm. Here’s the science of how it works–and how to find your soundtrack to success
Tech
Netflix just opened the floodgates with its first ever biannual report revealing viewership numbers: ‘This is the actual data we use to run the business’
Accenture CTO says ‘there will be some consolidation’ of jobs but ‘the biggest worry is of the jobs for people who won’t be using generative AI’
Businesses aren’t prepared for AI’s massive labor disruption, but experts say focusing on a few key changes is vital
