Axios

Generative AI has yet to make a profound difference in how we live our lives. But it has already changed the future.

The big picture: OpenAI's ChatGPT turns two years old today. Outside a handful of specific fields, it's hard to make the case that it has transformed the world the way its promoters promise. But the possibilities its power unlocks — both good and bad — have come into sharp view.

Retailers are switching gears from Black Friday to Cyber Monday and unveiling new deals to encourage consumers to keep shopping.

Why it matters: The highly competitive holiday shopping season can be make-or-break for retailers and inflation-weary consumers are searching for bargains and discounts.

Long-form entertainment is out and snack-sized media is in for the next generation of kids, teens and young adults.

Why it matters: Smartphones, social media and constant internet access have changed the way we think — and that’s eroding young people’s willingness to focus.