"We've realized that just because you have a following, doesn't mean you have a customer," Marc D'Amelio, CEO of D'Amelio Brands and dad to TikTok stars Charli and Dixie, told me this week in an interview about new funding and getting into food.
Why it matters: All social media stars have to figure out the shape and limits of their popularity, and resulting financial success, as they expand their businesses.
Behind the hype of generative AI, large companies are struggling to deploy the new technology — hitting cost and data management hurdles that are leaving many of their generative AI projects stuck in pilot phase.
Why it matters: Companies remain optimistic overall about the boost in productivity promised bygenerative AI — but achieving the technology's potential is taking longer and costing more than many initially expected.