1+ hour, 14+ min ago   (447+ words) Over the course of his two-decade career, entrepreneur Andy Dunn has launched several businesses and invested in dozens more. One of his biggest moves to date was selling his menswear brand Bonobos to Walmart in 2017 for a whopping $310 million. But…...

13+ hour, 38+ min ago   (726+ words) Corporate governance is being stress-tested, not at the margins, but at the level of its underlying architecture. The modern board model was shaped in the industrial era, when companies were hierarchical, risks were more contained, and change moved more slowly....

2+ hour, 14+ min ago   (600+ words) The U.S. workforce has just made the type of history it likely wishes it didn’t. Working Americans are taking home the smallest percentage of economic output, 52.8%, since the Bureau of Labor Statistics began tracking the metric in 1947. But as the share…...

13+ hour, 22+ min ago   (209+ words) Meta has agreed to pay up to $17.1 billion to settle claims by 47 states and thousands of families making the case that Facebook and Instagram were engineered to addict children. In 2020, faith-based investors brought a sex-trafficking survivor before Meta’s annual meeting,…...

13+ hour, 20+ min ago   (801+ words) President Donald Trump has been very vocal about how much he thinks he deserves the Nobel Peace Prize. But so far, he has been shut out. Despite launching a war against Iran early this year, however, concerns about AI’s destructive…...

2+ day, 2+ hour ago   (584+ words) Asia’s tourist destinations are overrun with visitors, testing the patience of residents in hotspots like Kyoto and Bali. Some governments are trying to limit the influx of visitors through measures like taxes or reduced visa stays. Ethan Lin, co-founder of…...

2+ day, 12+ hour ago   (556+ words) “The people building AI earnestly believe that it could kill us all by the end of the decade,” Coxon said. “I spent the last three years doing pre-training research at both OpenAI and Anthropic. Neither company is acting responsibly. They…...

2+ day, 14+ hour ago   (510+ words) Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Anthropic has three very different visions for the impact AI will have on the U.S. economy. In the third, AI outperforms humans at nearly every knowledge-work task, does almost…...

2+ day, 15+ hour ago   (507+ words) Earlier this year, fast-food executives began to use the term “two-tier economy” to describe the trend they were seeing of wealthier consumers splurging on burgers and fries while lower-income households pulled back. Last year, Amazon Web Services EMEA Managing Director…...

2+ day, 15+ hour ago   (838+ words) Why did this AI doomer moment break the internet when so many others didn’t? Fortune Why did this AI doomer moment break the internet when so many others didn’t? Views of Coxon’s post exceeded 100 million within days. For comparison, Jan…...