World Changing Ideas

On today’s episode, host Josh Christensen is joined by ‘Fast Company’ associate editor David Salazar to help break down the latest news in the world of business and innovation, including the fallout from DeepSeek’s LLM launch, the backtracked federal funding freeze, and the rising price of eggs. (01:02)Next, Yasmin Gagne interviews Lionel Barber, former editor of the ‘Financial Times,’ about his new book, a biography of Softbank CEO Masayoshi Son: ‘Gambling Man: The Wild Ride of Japan’s Masayoshi Son.’ They discuss Son’s biggest wins, even bigger losses, and the recently announced $500 billion AI infrastructure project alongside OpenAI and Oracle called Stargate. (06:54)Then, ‘Fast Company’ editor-in-chief Brendan Vaughan discusses the reaction at Davos to President Trump’s inauguration. (37:40)For more of the latest business and innovation news go to https://www.fastcompany.com/newsGambling Man: The Wild Ride of Japan’s Masayoshi Son: https://www.penguin.co.uk/books/451627/gambling-man-by-barber-lionel/9780241582725Be sure to subscribe, rate and review Most Innovative Companies on your podcast app of choice. You can also find more Most Innovative Companies podcast content on Fast Company’s YouTube channel along with more videos on business news, tech, design and work life. 

Police departments across the country are embracing AI-enhanced surveillance technology in the name of stopping crime. One prominent security firm called Flock Safety is leading the effort and profiting off our fears. Fast Company Senior Writer Ainsley Harris joined Yaz and Josh to explain how the Atlanta-based startup signed a deal with San Francisco in March 2024 to install and operate 400 LPRs (license plate recognition systems).Then, Yaz chats with President and CEO of Warner Bros. Discovery Global Streaming and Games JB Perrette about how (HBO) Max's globalization efforts are the biggest aspect of its growth.

On today’s episode, Yaz and Josh are joined by ‘Fast Company’ senior staff editor Jeff Beer and ‘Fast Company’ associate editor David Salazar to discuss the annual Brands That Matter list. This year, the list includes not just such companies as Athletic Brewing, Quinn Erotic Audio, and DoorDash, but, for the first time, it includes CMOs who have taken some really interesting creative risks.Plus, Josh talks with Second City Works creative director Tyler Dean Kempf about improv classes for corporate teams, the recent influx of AI tools, and Josh’s former life as an improviser.

There’s a growing shift in consumer sentiment about the fast-food industry. As inflation pushes menu prices steadily upward, more people are asking themselves if that weekly trip to Taco Bell, Wendy’s, or KFC is still worth the cost. ‘Fast Company’ senior editor Christopher Zara breaks down the economics of fast food and discusses what companies are doing to try and lure customers back to the drive-through. Also, ‘Fast Company’ senior staff editor Jeff Beer discusses the most recent advertising fails and successes, from Heinz’s racially tone-deaf imagery to the surprisingly popular combination of Grimace and the New York Mets.

Last week in a major shakeup, Starbucks announced the appointment of Brian Niccol as its new chairman and CEO. Niccol, then CEO of Chipotle, will succeed Starbucks’s Laxman Narasimhan, who is stepping down immediately from the position he’s held for only 17 months. For a company that has aggressively claimed it does not make fast food, this could signal a shift in how Starbucks views itself . . . and how it attempts to regain the 20% in market cap that it’s lost. ‘Fast Company’ contributing writer Clint Rainey discusses the coffee chain’s past mission and values, and how different leadership has shifted the brand’s focus.Also, we talk with rapper Saweetie about her successful brand partnerships with Postmates and McDonald’s, and her perspective on growing her own brand and image. And Candace Bushnell, author of ‘Sex and the City’ (the book!), chats about looking back on her writing and TV career and what stories she wants women to see today.

This week, we’re taking a look at what some top brands are doing in the sports and entertainment space. This is part of our ongoing monthly series, Brands that Matter, with ‘Fast Company’ senior staff editor Jeff Beer who covers advertising and branding.Then, we chatted with ‘Fast Company’ contributing writer Nicole LaPorte about the Gap new CEO. Back in the ’80s and ’90s, Gap was synonymous with denim and khakis. But the rise of fast-fashion brands such as Zara and H&M, shift from shopping in malls to shopping online, and the pandemic’s ‘house clothes’ trend, all hit the Gap hard. Then, former Mattel president and COO Richard Dickson came in to take over. And if you’re wondering why a successful toy company executive would want to move to a flailing clothing company . . . we got you.

Cofounder and CEO of 23andMe, Anne Wojcicki, wants to take the public company private. Founded in 2006, the DNA-testing startup was valued at $6 billion in 2021. Now, it’s trading for less than a dollar. So what happened? ‘Fast Company’ senior writer Ainsley Harris breaks down 23andMe’s history, and why the company faces an uncertain future.Also, actor Edward Norton chats with ‘Fast Company’ staff writer David Salazar about his startup, Zeck. After decades of serving on nonprofit and corporate boards, as well as working with boards as a founder, Norton realized that modern, streamlined tools could vastly improve boardroom communication. His company aims to change the dynamics of boards and company management by reducing repetitive tasks and facilitating better collaboration.And heads up, our show will be shifting to publish on Thursdays starting August 22!

Last week, Amazon announced it hit a goal of 100% renewable electricity seven years early. But a report from an Amazon employee group argues that this claim is misleading. They say that only a fifth of the company’s data centers in the U.S actually run on clean power. Meanwhile, Amazon, Google, Microsoft, and a host of other companies continue their development of AI—yet another huge energy demand. A recent report by Goldman Sachs says utility companies will need to spend nearly 40% more in the next three years to keep up with the demand from cloud service providers. For example, training an AI model like OpenAI’s GPT-3 required just under 1,300 megawatt hours, which is the amount of power used by 130 U.S. homes in a year. ‘Fast Company’ deputy digital editor Morgan Clendaniel discusses how to interpret Amazon’s claims about renewable power, and how much energy we’ll need to power even more data processing. Also, Jeff Beer, ‘Fast Company’ senior staff editor covering advertising and branding, breaks down some of the recent campaigns and marketing from Etsy and Taco Bell, and what to expect from ads during the 2024 Summer Olympics.

Temperatures are hitting all-time highs, with some cities reaching 25 degrees above average. Last week, the Biden Administration announced a proposed rule that would create heat protections for certain workers, including delivery drivers. But with companies like Grubhub and UberEats classifying delivery workers as “independent contractors,” what does that mean for some of the people most vulnerable to extreme heat? ‘Fast Company’ staff writer Jess Bursztynksy gives us the latest on the state of delivery workers’ rights in NYC and beyond. And Dr. Sophia Yen, founder of Pandia Health, talks about changing how people get essential healthcare, using algorithms in telemedicine, and how our political climate impacts women’s healthcare businesses.

In a recent viral LinkedIn post, Cap X Media’s CEO Matthew Baltzell poses in a backwards baseball cap and details his experience firing an employee for the first time. He talks about the process, what he learned, and asks for feedback from readers. One commenter wrote, “This LinkedIn post is a disgrace,” while another said, “You brought pain into someone’s life and then turned it into a ‘gold star for me’ moment. They’re certainly appalled by this on other (less weird) social platforms.”But plenty of comments sympathized with Baltzell over the uncomfortable situation, even praising him for sharing it. In fact, deranged behavior like this is a daily occurrence on LinkedIn, where business influencers operate very differently from influencers on other social media platforms. ‘Fast Company’ contributing writer Joe Berkowitz discusses his own forays into LinkedIn’s world of ‘corporate positivity.’ And Andrew Lacey, founder and CEO of medical technology company Prenuvo, talks about how the full-body MRI scanning that his company is offering might change our perspective on preventative healthcare—if the high cost can be lowered by other systemic reforms in healthcare.