Fast Company's Creative Control is taking a deep dive into the forces that are shaping the creator economy and what it means for its future. As the creator econ...
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Creative Control series roundup!
Who is the ‘most fairly paid’ CEO in America—and what does that even mean?
So many CEOs make waaaay more than their workers. To use just one famous example, Apple CEO Tim Cook made more than $99 million in 2022. That’s 1,117 times the company’s median worker pay of $84,000 a year. ‘Fast Company’ deputy digital editor Morgan Clendaniel explains why CEO pay has increased exponentially over the years and discusses how that plays a significant role in overall income inequality.
Want to find novelty in your desk job? Michelle Khare discusses trying out all kinds of different jobs on her YouTube channel’s ‘Challenge Accepted,’ which just won Show of the Year at this year’s Streamy Awards. Having gone to Butler Academy, clown school, and worked as a runway model, Michelle says she’s learned that challenge and failure can still lead to personal growth. Another takeaway: The best managers are those who have done the job firsthand: Management training is ‘something we collectively need to address across corporate America.’
And check out the music video of ‘Back on 74’ by Jungle: https://www.youtube.com/watch?v=q3lX2p_Uy9I
For more info on Fast Company’s CEO Fair Pay Report, check out: https://www.fastcompany.com/90946788/out-of-control-ceo-pay-why-its-a-problem?partner=rss&utm_source=rss&utm_medium=feed&utm_campaign=rss+fastcompany&utm_content=rss
FAST COMPANY INNOVATION IS NEXT WEEK! LAST CHANCE TO BUY TICKETS: https://events.fastcompany.com/innovationfestival23
How ChatGPT is launching tech’s next big wave
OpenAI is reportedly nearing $1 billion in annual sales. There’s an AI arms race among big tech companies. AI is everywhere and on everyone’s mind, so we’re breaking it all down. Fast Company senior writer Mark Sullivan explains who the major players are—from Nvidia to Anthropic—why ChatGPT has had such a strong impact on society, and how Congress will decide to regulate AI.
Eleven Madison Park chef and owner Daniel Humm talks about the difficulties of running a fine-dining restaurant and why he decided to make the menu completely plant-based during the pandemic. The restaurant is celebrating 25 years in the global fine-dining industry with the new book, Eat More Plants, penned by Humm.
And we discuss Walmart’s search for a new CEO with healthcare experience.
Don’t forget to check out our Fast Company Innovation Festival! https://events.fastcompany.com/innovationfestival23
YouTube’s $14 billion bet on NFL Sunday Ticket
YouTube paid $14 billion for the rights to the NFL Sunday Ticket. For the next seven years, NFL viewers will be able to watch live football games from their living rooms—on YouTube.
Fast Company senior writer Ainsley Harris explains the reason behind this purchase: YouTube consumption is heavily fragmented. Everyone is watching YouTube, but very few people are watching together. Sunday Ticket is a cornerstone type of content and NFL games pull in millions of people. This move speaks to the long-term investment that YouTube is making in both live sports and live NFL games.
“We’re in an era of reckoning hypocrisies.” When Seth Rogen got into pottery a few years ago, he started sculpting ashtrays. Few people were putting a lot of thought into the lifestyles of people who smoked weed. But now, people are actually celebrating it. So, Rogen decided to create well-designed accessories, like ashtrays and grinders, to address the pent-up desire from weed smokers to decorate their space with nice things. “Crafting products that speak to your personal tastes and lifestyles is validating.” Say goodbye to your old soda cans.
And then we look into that rumor regarding The New Yorker article about Tiger Global.
Check out our upcoming Innovation Festival: https://events.fastcompany.com/innovationfestival23
So, thanks to Bidenomics, we’re not in a recession?
Late last year, everyone thought we were headed for a recession. But now we’re doing great. What’s going on? James Surowiecki, author of The Wisdom of Crowds and a Fast Company contributing writer, explains how “Bidenomics” is actually helping boost the economy.
Courtney Tracy calls herself the truth doctor on TikTok. This came about after she’d dealt with a serious life event in 2019 and thought she needed to hide her struggle. She realized that if an up-and-coming licensed therapist was going to hide her mental health problems, what does that say about mental health overall? That we should hide it, be embarrassed about it . . . really? She was struggling, and she thought the world needed a therapist who was significantly struggling. So she called herself the truth doctor and, in fact, told the truth about her struggles to encourage other people to be honest with themselves and tell the truth about their struggles.
And we’re sorry to hear about Britney’s divorce . . .
Don’t forget to check out our upcoming Innovation Festival at: https://events.fastcompany.com/innovationfestival23
And apply for MIC! https://www.fastcompany.com/apply/most-innovative-companies
Fast Company's Creative Control is taking a deep dive into the forces that are shaping the creator economy and what it means for its future. As the creator economy continues its rapid expansion, there are issues that deserve a closer look. Topics like who owns what online, where’s the middle class for creators, and what web3 technology will really mean for creators after the hype.