If Your Product Isn’t Gaining Traction, Don’t Rebuild. There’s a Better, Cheaper Solution.
Your product isn’t broken, you’re just selling it to the wrong people — and switching customers is cheaper than switching code.
The State of AI: welcome to the economic singularity
Welcome back to The State of AI, a new collaboration between the Financial Times and MIT Technology Review. Every Monday for the next two weeks, writers from both publications will debate one aspect of the generative AI revolution reshaping global power. This week, Richard Waters, FT columnist and former West Coast editor, talks with MIT…
Norway’s wealth fund vote is latest blow to Musk’s $1 trillion pay package
Elon Musk is pushing for a $1 trillion performance pay package. Another major shareholder has said no.
Shopify says AI traffic is up 7x since January, AI-driven orders are up 11x
Shopify says AI-driven traffic to its online stores is up 7x since January, and orders from AI search are up 11x.
How I’m Using AI to Grow My Business and Empower (Not Replace) My Team
Don’t worry about AI replacing your talent. Here’s how you can leverage it to enhance their value.
Netflix in talks to license video podcasts from iHeartMedia, report says
Netflix is looking for exclusivity, which means that video podcasts that it licenses could no longer be uploaded to YouTube.
Phone location data of top EU officials for sale, report finds
Journalists in Europe found it was “easy” to spy on top European Union officials using commercially obtained location data sold by data brokers, despite the continent having some of the strongest data protection laws in the world.
Private Debt Can Be a Powerful Growth Tool — If You Use It Wisely. Here’s What Founders Need to Know.
Private debt is on the rise as a powerful alternative financing option for entrepreneurs, but it comes with risks that can’t be ignored.
Anthropic projects $70B in revenue by 2028: Report
The Information reports that Anthropic expects to generate as much as $70 billion in revenue and $17 billion in cash flow in 2028. The growth projections are fueled by rapid adoption of Anthropic’s business products, a person with knowledge of the company’s financials said.
Tesla’s Master Plan 4 still lacks specifics ahead of $1T Musk pay vote
Despite its imprecision, the fourth “Master Plan” is a centerpiece of Tesla’s case for giving CEO Elon Musk $1 trillion in company shares.
Spotify now has half a million video podcasts, which nearly 400M users have watched
Spotify says that users’ time spent with video content on Spotify has also more than doubled year-over-year, largely driven by video podcasts.