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‘It will take a few years’: WPP CEO Cindy Rose says outcome-based pay is still years away
British holding company's H1 earnings show signs of improvement in media business despite revenue decline.
Xbox Is Getting Platinum Trophies Later This Year, Says CEO
Xbox is attempting to win back fans, or at least satisfy the ones they already have, by making changes, big and small. Now, Platinum Trophies are coming.
Portillo’s is cutting HQ staff by 18%
“While never an easy decision, it is imperative that we examine areas of the business where we can operate more efficiently and ensure our resources and future investments are directed at the right priorities,” CEO Brett Patterson said in a statement.
This Week in Jacksonville: Business Edition - Cultural Council warns arts funding cuts could ripple beyond City Hall
With Duval County budget season approaching, Cultural Council of Greater Jacksonville CEO Diana Donovan joins host Kent Justice to explain what proposed cuts to arts and culture funding could mean beyond museums and performances—impacting jobs, small businesses, youth programs, and services for veterans and military families.
Paramount CEO David Ellison: The critics are wrong about my politics
Paramount CEO David Ellison: The critics are wrong about my politics. The issue is whether I can be trusted as a steward of CNN.
Former Holy Cross Hospital CEO Kevin Sexton tapped to lead HSCRC
Kevin Sexton, former president and CEO of Holy Cross Health hospitals, has been tapped to chair a powerful state commission charged with setting hospital rates in Maryland, the Moore administration announced Thursday.
Michael Dell’s son built a $13 billion home battery business—and he’s going on 30 years old
Zach Dell is banking on a home electricity and battery rental business that offers backup power without buying an exorbitantly expensive system.
Trump said Qatari jet was destined for his library. That may change
A White House official says no final decision has been made about which plane will go on display at the Trump presidential library. That leaves the fate of the Qatari jet unclear.
Blue Origin CEO says faulty valve caused massive explosion in Florida
Blue Origin CEO Dave Limp says a faulty valve caused the massive New Glenn rocket explosion that rocked Florida's Space Coast in May.
Will Trump Try to Keep His Qatari-Gifted Flying Palace?
Recent comments from Eric Trump indicate that the Qatari-gifted luxury Air Force One won’t be heading for his dad’s presidential library after all.
ABA Centers of America Continues to Shed Jobs
ABA Centers of America has continued to trim its workforce since announcing layoffs in June. Over the summer, the company has made
Hugh Weber named CEO of OEG Sports & Entertainment
Sounders and Reign FC President Hugh Weber has been appointed to CEO of OEG Sports & Entertainment, effective August 15, 2026.
Sanofi suspends chronic lung disease phase 2 study, tied to ‘strategic business reasons’
Sanofi halted a phase 2 trial testing a monoclonal antibody, SAR445399, in non-cystic fibrosis bronchiectasis, Fierce Biotech has learned. The trial, which began only back in April, was a randomized, double-blind, placebo-controlled study to measure the reduction in mucus plug score following treatment with SAR445399 compared with placebo in adults aged 18 to 80 years with NCFB, a chronic lung disease. The trial was officially reported as halted on July 29, the day before Sanofi’s second-quarter earnings call. The decision to pause the trial was made “as part of a company-wide portfolio review for strategic business reasons,” and not due to safety concerns, a Sanofi spokesperson told Fierce. The move to pause the NCFB trial comes during a trying time for Sanofi following a year filled with a series of trial fails. In February, the French pharma ousted CEO Paul Hudson and appointed Merck KGaA leader Belén Garijo, M.D., Ph.D., to steer the ship. Since then, Garijo has been doing a deep dive on correcting the company’s strewn R&D and clinical strategies. On July 24, Sanofi scrapped amlitelimab for atopic dermatitis, despite its lore as being a potential $5 billion blockbuster. During its second-quarter report, the company abandoned two more assets, balinatunfib and itepekimab, following failed trial results in psoriasis and chronic obstructive pulmonary disease, respectively. SAR445399, only first revealed by Sanofi in 2023, is an anti-interleukin-1 receptor 3 monoclonal antibody developed to block the interleukin 1, 33, and 36 cytokine pathways. These pathways can be important in chronic immune-related dermatologic diseases, such as atopic dermatitis and hidradenitis suppurativa, as well as respiratory conditions, such as NCFB. Related Sanofi’s new CEO ‘looking deeply’ at late-stage pipeline as clinical clearout continues NCFB affects roughly half a million people in the U.S., with a global incidence of greater than one million cases. In August 2025, Insmed received FDA approval for Brinsupri, a DPP1 inhibitor targeting neutrophil activation, for treatment of NCFB in adults and kids ages 12 and older. The British biotech Infex Therapeutics showed promising NCFB phase 2a data using their monoclonal antibody, INFEX702, which acts by disabling Pseudomonas aeruginosa, a bacteria known to be a major pathogen of NCFB. Sanofi is currently running a separate phase 2 study testing SAR445399 as a potential treatment for the inflammatory skin condition hidradenitis suppurativa.
CEO Jackson to leave Flutter Entertainment
As of October 1, Peter Jackson will no longer be CEO of Flutter Entertainment. He will stepping down at the end of September, to be replaced by Flutter Internat
Confirmed: Xbox 'Platinum' completion achievements are coming "later this year"
Xbox CEO Asha Sharma just confirmed that the team is working on "Platinum"-style achievement completion recognition, slated for later this year.
Veteran Financier Nimi Natan Advises That You Should Never Fund a Business You Don’t Understand
After spending years operating businesses as well as financing them, the President & CEO of Gulf Coast Small Business Lending has learned that some of the most important signs whether a business will be successful in the long term are found in people, operations, customer relationships, and the day
Google shakes up AI leadership. Hassabis steps down as DeepMind CEO.
Some of Google's top AI leaders are leaving their roles, with DeepMind CEO Demis Hassabis taking another role at Alphabet and Jeff Dean leaving.
Freeman Health CEO highlights strategy after 4-hospital acquisition
Matthew Fry, president and CEO of Joplin, Mo.-based Freeman Health System, said through the acquisition of Springdale-based Northwest Health, the nonprofit health system has doubled its hospital bed count. But...
The most overrated business advice is 'follow the rules'
The CEO and cofounder of Bogg sits in the Fast Company hot seat to share her candid take on leadership—and why 'follow the rules' is the most overrated
Texas Shows Strengths and Gaps in Multi-Metric Business Rankings
We are accustomed to Texas topping virtually every ranking relating to the economy—most major corporate locations and expansions, top CEO perceptions, highest investment, and many others.
Uber stock drops as bookings guidance disappoints; CEO bets on robotaxi push to grow overall business
Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.
LIV Golf claims league has secured funding to continue operations beyond 2026 season
CEO Scott O'Neil made the announcement on Wednesday ahead of LIV Golf New York
Disney's CEO confirms it's exploring free streaming
Disney is looking at moving into free streaming, CEO Josh D'Amaro said, confirming a July report from Business Insider.
Why Schrödinger CEO Ramy Farid changed how he's thinking about AI
In this edition of STAT's AI Prognosis: Why Schrödinger CEO Ramy Farid is rethinking AI, Recursion's neuron map, and more health AI news.
Flutter Entertainment CEO Jackson to Step Down, Says Company
Flutter Entertainment said Chief Executive Peter Jackson is stepping down, while lowering its profit outlook and swinging to a loss as its U.S. business continues to struggle.
Flutter Entertainment CEO Jackson to Step Down, Says Company
Flutter Entertainment said Chief Executive Peter Jackson is stepping down, while lowering its profit outlook and swinging to a loss as its U.S. business continues to struggle.
Paramount CEO says politics fueling Warner Bros. merger battle
In a combative op-ed published in The New York Times, David Ellison argued that 'the issue is whether I can be trusted as a steward of Warner's CNN. There has been speculation about my politics, my loyalties, my intentions.'
Paramount CEO says politics fueling Warner Bros. merger battle
Paramount CEO David Ellison said Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner Bros. Discovery was fueled by politics rather than concerns over market share.
McDonald's says US sales slowed after value deal push fell short
CEO Chris Kempczinski says weak promotion of value deals and a pullback in digital deals led to a drop in visits from McDonald's loyal customers.
Telegram CEO Says Extortionist Manipulated Apple Into App Store Removal
Telegram was subject to a "takedown extortionist" who planted AI-modified child sexual abuse material (CSAM) to get Apple to remove the app from the App Store, Telegram CEO Pavel Durov said today. Apple removed Telegram from the App Store for about 40 minutes on Monday night after discovering CSAM, but reinstated the app after Telegram removed the content.
Tom Garfinkel Steps Away After Transformational 13-Year Tenure as President and CEO of Miami Dolphins
Garfinkel steps away from day-to-day responsibilities as Miami Dolphins President and CEO, will remain as Vice Chairman and partner in the Miami Grand Prix; Daniel Sillman named CEO of Ross Sports & Entertainment.
Tom Garfinkel Steps Away After Transformational 13-Year Tenure as President and CEO of Miami Dolphins
Garfinkel steps away from day-to-day responsibilities as Miami Dolphins President and CEO, will remain as Vice Chairman and partner in the Miami Grand Prix; Daniel Sillman named CEO of Ross Sports & Entertainment.
Exclusive: Business Insider names digital media vet Christian Baesler its permanent CEO
The German media giant is betting on Baesler to reinvent the nearly 20-year-old publication for a post-search and social media traffic era.
David Ellison says court fight over Warner Bros. is about his politics, CNN
The Paramount Skydance CEO defended his deal to buy Warner Bros. Discovery and said he’s voted for Democrats and Republicans and held liberal and conservative values.
Shift Up CEO Tries To Defend Stellar Blade: Blood Rain Slop Video From Fan Backlash And Continues To Get Roasted: 'Insane Cope'
Kim Hyung Tae is at odds with some of the sequel's biggest boosters
Dolphin Subsidiary Shore Fire Media's Client Handcraft Entertainment Partners With Takasago to Develop Fragrances, Flavors and Consumer Products to Define the World of 'Global' J-Pop
NEW YORK CITY, NY / ACCESS Newswire / August 4, 2026 / Handcraft Entertainment - a client of leading entertainment marketing and content production company Dolphin (NASDAQ:DLPN) subsidiary Shore Fire
There Were Actually Two Mass Extinctions During The Cretaceous, And The First One Is Looking Very Familiar
The dinosaurs went on unhindered, but 113 million years ago many marine species died out and the reasons have turned out to be very relevant right now.
Snap CEO sidesteps Specs pre-order questions on Q2 earnings call
When asked about product-market fit, Spiegel said he believes mass-market consumer adoption won't occur until the end of the decade.
Apple’s New CEO Taps Retired Hardware Executive for Management Team
Incoming Apple Inc. Chief Executive Officer John Ternus is bringing back a trusted lieutenant from his time running hardware engineering to join his new management team.
Brea Bumps Up Political Donation Limits Ahead of Election
Brea City Council members new donation limit now allows contributions of up to $5,900 ahead of November’s election.
2064: Read Only Memories Studio Files For Bankruptcy
2064: Read Only Memories dev MidBoss' filing was made by former and now-current CEO Matt Conn
'Spider-Man: Brand New Day': Sony Entertainment CEO Celebrates Success
Sony Pictures Entertainment CEO and President Ravi Ahuja celebrates the success of the record opening of 'Spider-Man: Brand New Day'
Bluesky’s new CEO wants a big tent, not a bubble
Bluesky is many different things in a trenchcoat.
Chevron CEO reveals why AI could transform the energy business for decades
Chevron CEO Mike Wirth joins ‘Mornings with Maria’ to discuss the company's record earnings, its 20-year AI power deal with Microsoft, rising geopolitical risks in the Middle East and why permitting reform is critical for U.S. energy.
MSU SURVIVAL GUIDE: MSU sports offer opportunities for students to participate
Whether you’re a die-hard fan, just looking for the college experience or couldn’t care less, sports impacts every student at MSU. Here’s a breakdown of everything in Spartan athletics – from tickets, lines, traditions and how to get the most out of the fan experience as a student. And if you’re not interested in being a fan, here’s a couple tips for navigating a campus dominated by Big Ten sports culture.
Morning Report: It's Politics Monday
We’ve opened up this week’s Politics Report for everyone because there is a lot. First: SB 958. The Midway Rising project provoked this bill in Sacramento that would exclude the […]
Will Broward hospitals merge? Here’s what the CEO said about the future of care
Shane Strum, CEO of Broward Health and interim CEO of Memorial, wants to see more “collaboration” between the two health systems.
Hugging Face CEO says hacks like the OpenAI episode needs transparency
Clem Delangue said that preventing releases of powerful AI models is not the way to stop attacks like the OpenAI hack on Hugging Face.
Aperol Can Tap Into Beer Market at Sports and Music Events, Campari CEO Says
EXCLUSIVE: Aperitif maker Davide Campari-Milano believes Aperol Spritz, a cocktail that mixes the crimson bitters with sparkling wine and soda, can replace beer as the go-to drink for some concertgoers and sports fans.
After near shutdown, AeroFarms has new owners
AeroFarms in Danville has new owners and a new CEO after nearly shutting down, signaling renewed hope for vertical farming in the region.
Out and About
1. L to R: Port of Virginia CEO Sarah McCoy, Gov. Abigail Spanberger and state Secretary of Transportation Nick Donohue gathered at Norfolk International
New Urban Chamber leader emphasizing access for Las Vegas small businesses
The Urban Chamber of Commerce in Las Vegas announced last month that Christopher Shelton has been named the organization’s new president and CEO. “It’s a new era and it’s a new way of thinking now in the Urban Chamber under my leadership,” Shelton says ...
Elon Musk Dismisses Report Tesla Could Sell Chinese Business for SpaceX Merger: 'Absurdly Fake News'
Tesla Inc. CEO Elon Musk has dismissed reports of the EV giant mulling the sale of its Chinese arm that could have reportedly paved the way for a potential merger with Space Exploration Technologies Corp.. Elon Musk Says Sale Has...
Business People: John Ghingo named president, CEO at Hormel
FOOD Hormel Foods Corp., an Austin, Minn.-based provider of grocery store prepared food brands, announced the appointment of John Ghingo as president and chief executive officer, effective Oct. 26. Ghingo, who has served as president and…
‘It’s really not for the faint of heart’: This 29-year-old CEO became a business owner, doubled revenue in 3 years, and learned what car not to drive
Lucas Philips became a CEO at 26 and now finds himself getting up at 4:30 am to commute from Manhattan to Newark. He doesn't have a foosball table.
What the Cracker Barrel rage spiral was actually about
A revealing detail came from Cracker Barrel’s announcement this week that CEO Julie Masino is stepping down soon: She’s leaving with company-funded security still in place from the public meltdown over Cracker Barrel’s rebrand last year.
A CT health care system is sending people home with new technology. Why it’s called a ‘game changer’
The CEO said such technology is part of the “future of health care,” and a “game changer,” an “early proof of what we will see to help people live their healthiest life.”
METR, led by Beth Barnes, confront AI safety research talent shortage
METR, a Berkeley lab started by an ex-OpenAI researcher, has become a prominent AI umpire. CEO Beth Barnes says AI safety research needs more people.
Economic development leader swaps parishes; LSU New Orleans Foundation names new CEO
Take a look at some of the recent promotions and new hires announced at south Louisiana businesses.
Matt Reddin named EVP, Chief Development Officer of Partners Bank
Partners Bank announced that Matt Reddin has joined the bank as Executive Vice President and Chief Development Officer. In this role, he will work closely with the CEO and board...
You Said It: ‘Be Fearless When It Comes to Business’
Don Matre is CEO of Pallet Services, a family-owned pallet supplier with locations in Buffalo and Rochester, New York. It
PCC sees profits rise, but continues with cuts
"There are some hard choices we have had to make on this ongoing journey," PCC CEO Krish Srinivasan said in a letter to members outlining cuts.
Future of West Suburban, Weiss hospitals still in limbo as CEO stalls on settlement
Lawyers for Manoj Prasad's business partner and landlord say they will file a motion to force his hand to abide by the proposed settlement.
DOJ issues declination of charges against eye care group, opting to indict CEO for role in $3.4M fraud scheme
The shift in prosecutorial focus is part of a new enforcement policy to address healthcare fraud. The U.S. Department of Justice alleges the CEO of CampusEye paid kickbacks to doctors for referrals, going on to bill Medicare for unnecessary tests.
Memphis-based company on track for major business segment spinout
International Paper CEO Andy Silvernail says the EMEA spinout remains on track for completion between January and April 2027.
Govs. Wes Moore & Kevin Stitt on dignity in politics: Full panel
Gov. Wes Moore (D-Md.), Gov. Kevin Stitt (R-Okla.) and UNITE CEO Tim Shriver join Kristen Welker for a Common Ground conversation on restoring civility and dignity in politics.
I hated my dad's lawn care business. Now I run it as CEO.
Jennifer Lemcke resented her dad's Weed Man franchise as a teen. Now she's CEO, running a business that made $426 million last year.
Siri AI could come with a paywall for power users
Apple CEO Tim Cook envisions users being able to buy more compute for Siri AI via Apple's existing iCloud+ subscriptions.
Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: ‘How hard can it be?’
The billionaire CEO has spent the last three decades building Nvidia —but says one simple mindset helped turn a diner-booth idea into a $4.7 trillion giant.
Reddit is testing a new way to watch — and listen to — its viral posts
Reddit is developing a new video experience that lets users watch — or simply listen to — its most popular posts, taking inspiration from the viral TikTok videos that pair Reddit stories with gameplay or other footage. CEO Steve Huffman said the feature is already in the works and could begin testing later this year.
"We will not live on past successes or be trapped by past failures" – Xbox CEO outlines priorities to turn platform around in FY27
Asha Sharma expects growth to return to Xbox by "investing in what players value"
Digital Science appoints Stephen Leicht as CEO; Daniel Hook joins Holtzbrinck Group as Chief Scientific Officer
Digital Science has announced that Daniel Hook will take up the role of Chief Scientific Officer at parent company Holtzbrinck Group, with company President Stephen Leicht succeeding him as CEO.
Gladys Gonzalez, who helped thousands of Latino entrepreneurs launch and build their Utah businesses, dies at 79
“She was just this dynamic woman,” said the CEO of the Pete Suazo Business Center, which Gonzalez founded.
New CEO for Digital Science
Stephen Leicht appointed Chief Executive Officer; Daniel Hook joins parent company Holtzbrinck Group as Chief Scientific Officer
BP puts North Sea oil and gas business up for sale
Move, which would end decades of production in area, comes as new CEO tries to simplify firm and cut debt
Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant
Gail Boudreaux credits collegiate athletics with helping to shape her leadership style.
BP launches sale process for North Sea business as CEO pushes overhaul
BP on Friday launched a formal process to market its North Sea business for a potential sale, as new Chief Executive Officer Meg O'Neill accelerates a sweeping portfolio overhaul aimed at cutting debt and simplifying the oil company.
Iris Taylor, Detroit health care and education leader, dies at 74
Taylor was serving as DPSCD's board treasurer after retiring as president and CEO of Detroit Receiving Hospital when she died.
Tim Cook sees Apple's hybrid AI strategy as a 'competitive weapon'
Ahead of the launch of Siri AI, Apple's outgoing CEO Tim Cook said the company will charge for artificial intelligence through iCloud.
Fashion IPOs Became a Recipe for Disaster. Reformation Thinks Its Business Model Can Break the Curse
Reformation’s IPO shows investors may be willing to buy fashion again, but only if the story comes with profits, cash flow, and proof customers keep coming back.
Xbox CEO says the team has one year to start growing again
“Our reset has not been easy.”
Amazon CEO: AWS could be a ‘trillion-dollar’ business
Amazon (AMZN) CEO Andy Jassy explained on the company's earnings call that while the company expects to spend approximately '$220 billion in cash capex in 2026' to meet soaring demand, he believes AWS could "very possibly be a trillion-dollar annual revenue business for us in time.'
VA Employee, CEO Plead Guilty to $14 Million Health Care Kickback Scheme
The Florida-based individuals worked together to fraud patients of the VA Community Care Program (VACCP), per the Justice Department.
Robinhood CEO Vlad Tenev on Q2 results, crypto business and growth outlook
Robinhood CEO Vlad Tenev joins 'Squawk Box' to discuss the company's quarterly earnings results, company growth outlook, state of the company's crypto trading business, and more.
Farley doubles down on Ford's pursuit of profits beyond core business
Ford CEO Jim Farley told Wall Street the carmaker is in discussions for more U.S. Defense work and hinted at more adjacent businesses to come.
Carlyle's new middle-market defense and government unit makes first buy
Carlyle Group acquires Utah encryption maker Secturion Systems and names Sean Berg as CEO.
PRESS RELEASE: Bloomington Urban Enterprise Association to Support Seven Enterprise Zone Business Participants for New “Builder’s Room” AI Business Cohort
Amplify Bloomington and the Greater Bloomington Chamber of Commerce will hold an info session on Tuesday, August 4, at 6 p.m. at The Mill classroom, 642 N. Madison St., to introduce The Builder’s Room. The Bloomington Urban Enterprise Association (BUEA) is supporting seven spots in the cohort located within the Bloomington Urban Enterprise Zone to participate in this new hands-on cohort program that helps local businesses use AI-assisted tools to solve real operational challenges.
Risant Health’s first CEO to step down
Dr. Jaewon Ryu said he was stepping down to spend more time with his family. Risant is bringing out Dale Maxwell, a retired hospital executive, to serve as interim leader while it searches for a replacement.
Reds CEO Hogan on potential investor Bhatia
With Liverpool stating that they have more than 26 million supporters in the USA, there is little surprise over why the Reds chose America as the destination for their pre-season tour. This has been quite the summer for football here and Billy Hogan, CEO of Liverpool and Fenway Sports Group (FSG), insists the aim is to build on that after what has been a "super difficult year" for the club "for lots of different reasons". Last week, FSG, which owns Liverpool, confirmed that a consortium led by Amit Bhatia, a British-Indian millionaire businessman, was in talks over a strategic minority investment in the club.
Greater Rochester Chamber's Small Business Council Affiliate Honors Jackling, Valerio with 2026 Business Person of the Year Awards
Greater Rochester Chamber News JULY 29, 2026 (ROCHESTER, NY) – The Small Business Council, a Greater Rochester Chamber of Commerce affiliate, announced Glenn Jackling, President & CEO of Applied Image, Inc., and Anthony Valerio, Owner and Founder of Four Winds Chimney, as the recipients of the 43rd annual Business Person of the Year Awards. The…
Cigna Reports Earnings Thursday With New CEO, New Business Model
Cigna Group will report its earnings on Thursday under its new chief executive, Brian Evanko. It’s transitioning its pharmacy benefits business to a rebate-free model.
Business executives have confidence in the Warsh Federal Reserve: Business Roundtable CEO Bolten
Josh Bolten, Business Roundtable CEO, joins 'The Exchange' to discuss the Federal Reserve.
How Aeras Aviation’s Demetrios Bradshaw keeps the world’s fleets flying
With new aircraft deliveries years away and engine-maintenance backlogs growing, airlines are relying on existing assets to meet current demand. Aeras Aviation founder and CEO Demetrios Bradshaw discusses how the company sources, manages and returns aircraft engines and other high-value assets to service.
Microsoft CEO Warns That Companies Embracing AI Could Drive Themselves Out of Business
Microsoft CEO Satya Nadella warned that companies embracing AI without the correct "control" could drive them out of business.
New Overture Center co-CEO takes inspiration from sports
Victor Patterson was named Overture’s chief people officer in April. Here, he shares his philosophy of inclusion and access at Madison’s largest arts center.
My Cracker Barrel visit left me wanting a new menu
I went to Cracker Barrel and little has changed under the outgoing CEO. Maybe the new boss will freshen up the menu.
The Science Behind the AI Panic Is Shakier Than You Think
A column by Sascha Lobo Is AI making us dumb? So asked DER SPIEGEL on its cover a while ago. After a few weeks of recovery and a therapeutic intervention with the help of my AI, I feel able to respond. That’s a bit unfair, of course; the article itself is more nuanced than the loud cover, the image of a schoolkid with dull prompt questions, or the subtitle: “AI is conquering the schools, and educators fear a disaster.” The short answer to “Is AI making us dumb?” is: no. The long answer is more interesting, and even carries a preliminary glimmer of the spectacular. Unfortunately, it requires a detour into the sphere of artificial intelligence, into the mogul-field terrain of technology assessment, the attention economy, and the destructive virus of cultural pessimism. Along with narrowing the scope to AI’s effects on education and work rather than on intelligence. Because the honest version of the question would be: Does AI help us learn and work, or not? Generative AI, which set off the still-ongoing hype with ChatGPT, has only existed in relevant distribution since late 2022, early 2023. For a technology-driven transformation of people and society, that is extremely short. For that reason alone, research is still in its infancy. And technology assessment is not a fast discipline anyway. Prominent voices from Elizabeth Eisenstein to RAND to Tom Wheeler say we still cannot conclusively judge the consequences of the printing press. Its invention is a mere 580 years back, and some scholars would rather not circulate assessments that might have to be retracted in two or three hundred years. We’re Going Through Growing Pains A phenomenon that already caused upheaval in social media research makes serious assessment of AI’s consequences even harder: the “moving target” problem of LLM-ology, as the linguist Sean Trott called it in 2025. AI develops so quickly and so unpredictably that researchers often end up studying snapshots of the past. There are concepts, from morphological analysis to anticipatory governance, for keeping research, planning, and regulation halfway meaningful anyway. But even with those, universally valid statements are rare. DER SPIEGEL - The German View is a reader-supported publication. To receive new posts and support our work, consider becoming a free or paid subscriber. Subscribe We should therefore treat findings about the interplay between humans and AI as far more procedural and situational. Unfortunately, this challenge comes at the worst possible time. We are going through growing pains: AI’s everyday impact has grown very large very fast, and with it the longing for guidance. Annoyingly, the body of solid knowledge has not exploded along with it. Experts cannot be moved to broad consensus on even banal statements about AI. Sascha Lobo, born in 1975, is an author and strategy consultant focusing on the internet and digital technologies. Together with Jule Lobo, he explores the debates of the day in the podcast “Feel the News – Was Deutschland bewegt” (”What Moves Germany”). Nvidia CEO Jensen Huang says software developers are dying out. Bill Gates considers coders one of only three professions that will survive the AI tsunami. Top tech economists find virtually irrefutable arguments both for and against an AI bubble. The same naturally applies to the structurally youth-hostile debate over whether AI is good or bad for young people. The gap between the demand for insight and the supply of solid knowledge creates an orientation vacuum. This vacuum of AI cluelessness is filled, as the attention economy described by Georg Franck in 1998 would have it, with half-knowledge (funnily enough, often AI-generated), marketing, and self-marketing. After all, infinite money is at stake, along with academia’s best current shot at global fame. But this iridescent froth of interpretation operates more by the algorithmic principles of the digital public sphere than by seriously earned insight. That is why dramatized, fear-feeding claims about AI are so promising. It tempts parts of academia into distorted drivel, and parts of the media then sensationalize the published drivel once more. Was the Research Aimed at a Desired Result? How badly this can influence academia and public perception is demonstrated by one of the most-discussed studies on AI’s effects: “Your Brain on ChatGPT.” The MIT study by Nataliya Kosmyna also gets plenty of space in the SPIEGEL cover story. What was measured and interpreted: lower brain activity in people who write with AI assistance, compared to people who only google or write without any tools. As is common with preprints, the study has not yet been peer-reviewed, and it contains substantial weaknesses that experts have sharply criticized. The first round had 54 participants in three groups, the second only 18, who reportedly also came from MIT’s own orbit. There was no preregistration (committing in advance to what you want to find out with which data). In their analysis, Stanković et al. even discovered an opposite effect that the study does not further explain. Some measurement data has not (yet) been published. And the EEG analysis method used is considered too imprecise to support such far-reaching conclusions. The biggest criticism, though, is the suspicion of an activism-driven study. In an interview with Time, lead author Kosmyna said she published the study immediately, rather than after full peer review, because she feared politicians might otherwise decide to put ChatGPT in kindergartens. She considers that absolutely harmful. It is legitimate to hold such a view. It just seems unscientific to approach a study with it, and then to design the setup so that the chance of a fitting desired result remains as high as possible. Ideologies Collide It is not easy to separate genuine AI insights from studies that trivialize and weaken well-founded AI criticism. The same goes for the opposing, AI-enthusiastic narratives, because the pro-AI side works against it with billions in resources. Ideologies collide, fed by egos, PR strategies, moral posturing, and once-in-a-lifetime opportunities. Doomsday marketing makes the search even harder: AI companies can profit from warnings about the dangers of AI, whether through the notoriety of apocalypse narratives or because, in some target groups, danger translates into power. Some seemingly negative findings are therefore quite welcome in the AI industry. If you try to get at the findings presumably less influenced by interest groups, the picture in education seems relatively clear: AI can improve educational outcomes when the right AI is used the right way, namely pedagogically. Simply dumping an AI chatbot into a classroom, by contrast, accomplishes little. Huge surprise. But something else is also obvious: whether they are allowed to or not, kids use AI for school, which is why the controlled integration of AI tools into education is, in the medium term, entirely without alternative. In the world of work, the landscape of findings is more complex and requires more differentiation. A series of serious studies points to an AI effect that suits neither the alarmists, regulation fetishists, and AI opponents, nor the trillion-dollar corporations with their armada of paid scientists, PR professionals, and ecosystems: working with AI helps the inexperienced (at least for now) considerably more than it helps the pros, in certain fields of work, and provided they know how to use it correctly. Missing Domain Knowledge Among the experienced, the professionals, and the high flyers, by contrast, despite frequent time savings, partially negative effects and new problems are emerging. Take the jagged frontier problem: AI solves task A brilliantly and fails completely at task B, even though both look similar even to professionals. Or the verification-cost problem, in which AI’s greater productivity gets eaten up by the enormous effort of checking its output. Or the illusion of competence, because AI makes new domains seem easily penetrable, until you painfully discover that deep domain knowledge is missing. Taken as a whole, the effects of working with AI do lean positive. But the promise that AI works as a turbocharger for everyone and boosts practically everything simply refuses to materialize. The AI magic the world has been feeling since ChatGPT arrived in late 2022 has so far barely shown up in most companies’ numbers. The consulting firm McKinsey has coined a term for this, the “gen AI paradox,” and believes that work processes and corporate structures would have to be rebuilt quite fundamentally to realize AI’s benefits at scale. Reuters just reported that only 3.3 percent of Microsoft’s customers have subscribed to the AI package Copilot. That may be down to the product; in other areas we continue to see soaring successes and new AI triumphs. But after the first quarter of 2026, disillusionment is the word for all too many AI projects at traditional companies: because the promised revolution of AI agents has so far failed to arrive or been postponed, and because of the leveling effect that many of the studies cited here suggest. Against Inequality The societal effects, on the other hand, appear rather encouraging. Many previous technologies operated on the Matthew principle, named for the Gospel verse about giving to those who already have: they tended to reward the more competent and more privileged. AI, however, seems more often to have an equalizing effect once a threshold of access and education is crossed. Some anecdotal insights point in this direction, for example, how an unemployed man in Leipzig successfully defended himself in court in 2025 against fraud accusations from Germany’s federal employment agency — without a lawyer, armed only with ChatGPT. The AI made mistakes and cited invented court rulings, but in the end the man walked away unpunished. And a key capability of artificial intelligence is its capacity to learn: set up correctly and fed with data, it can keep getting better. It is a question of time, or more precisely of AI innovations and training data, until even free AI chatbots write better legal briefs than law graduates with perfect exam scores. Whether that will make anyone dumb is something the world’s press will surely inform us of in due time. Subscribe Leave a comment
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