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  “I am deeply optimistic about our company, and in a world that is so in need of entertainment is a true privilege ... to  run a company that is the embodiment of creative excellence, of great and bold storytelling, of quality, and of innovation.” Bob Iger, quoted by Deadline , May 14, 2024 This was the tone/language Iger used as he returned to the role of in-person pitchperson at the TV Upfronts. That last time he did that was 1994: a very different time in broadcast media.  Iger was after enticing advertising buys on Disney broadcast media. Given, as Deadline points out, linear TV such as Disney's network is in freefall and Disney's streaming hasn't made a profit, that kind of pitch seems cartoonish. So wrong for what was of concern to advertisers as well as other constituencies bearing witness to this misguided sales presentation.  It has been said that essentially Iger is an old-media guy. This pitch confirms the speculation that he can't shake that identity that o

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Sometimes wealth comes indirectly. Law firm Paul, Weiss' approach to enhancing revenues through generative AI is to experiment without attention to the bottom line.  For about 18 months, chronicles Bloomberg Law , Paul, Weiss has been using generative AI legal assistant Harvey. The firm's objective, just like that of marketers using research such as focus groups, is to analyze the lawyer-technology interface. How do those users relate to Harvey, feel about the connection and apply its abilities to operational, strategic and implementation challenges at the firm? So far what Paul, Weiss is discovering is that the significant payoff can be in Harvey's being a collective platform for brainstorming for fresh strategies. Although the practice of law has a reputation for being stodgy innovation is what brings in new business, gets the results clients want and enhances the brand. It is legend, for instance, that Paul, Weiss chair Brad Karp launched the first-ever specialized ESG p

Wealth, or at least making a good living, is the preoccupation. And raw knowledge per se is no longer the ideal platform for acquiring that. Over and over again reputable sources such as The Wall Street Journal have been warning about the risk of investing time, energy, hope and money in post-BA/BS degrees. There might be no bump to earning power + the burden of student debt. That applies even to Master's degrees from prominent institutions of higher education. The most recent study on that comes from the Foundation for Research On Equal Opportunity . It found that only 57% has a positive ROI. Those include law, medicine and dentistry.  Meanwhile the whole continuum of knowledge work is in upheaval. Actually, it's being labeled "The White Collar Recession." It's hard to get in - just read the professional anonymous networks such as Reddit, Fishbowl, Blind and Glassdoor. And once bounced out it is difficult to land comparable work at  comparable compensation. High

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