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Fortune | FORTUNE

One man can kill Bill Ackman’s $64 billion bid for Universal Music Group—and no one knows what he’ll do | Fortune Poppi’s cofounder pitched her startup on Shark Tank while 9 months pregnant and landed a $400,000 deal—now it's worth $2 billion | Fortune Teen boys are choosing AI girlfriends over real ones for 'maximum control, zero rejection'—experts say it could make them unemployable | Fortune A United American merger is by no means impossible given the president 'loves big deals' | Fortune Reed Hastings’s planned exit from $455 billion Netflix ‘had nothing to do with’ the failed deal for Warner Bros., says Ted Sarandos | Fortune Meet Joe McCann: The high-flying crypto trader held in Tanzania after sudden death of his influencer fiancée Ashly Robinson | Fortune Gen Z is carving a different path in the housing market by doing it alone | Fortune U.S. Catholic leaders criticize Trump for ‘disparaging words’ about the pope as Vatican clash risks alienating Catholic voters | Fortune China has ‘nearly erased’ America’s lead in AI—and the flow of tech experts moving to the U.S. is slowing to a trickle, Stanford report says | Fortune Self-made millionaire behind $5 billion Skims Emma Grede says it all began with a cold call to Kris Jenner: Emma Grede—the self-made millionaire behind the $5 billion Skims empire—says it all began with an audacious cold call to Kris Jenner: ‘The difference between me and someone else is, I made it happen’ | Fortune Americans have never been this gloomy about the economy. Wall Street has never cashed in harder | Fortune ‘The college grading system [is] almost meaningless’: People see the Ivy League as an easy A and with flawed admissions standards | Fortune The CEO of $8.5 billion Japanese car giant Nissan plays the drums in a band and hits the tennis courts to destress from the top job | Fortune New York governor's take on a millionaires tax: fancy pied-à-terre second apartments worth over $5 million | Fortune Pope Leo XIV: A ‘handful of tyrants’ are ravaging earth with war and exploitation | Fortune Trump has no plan to cut the $39 trillion national debt, but he does want to cut childcare. His budget director is scrambling to clarify | Fortune China's economy grows 5% in first quarter, surprising economists to the upside | Fortune Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We have our answer | Fortune Palantir exec: the biggest mistake retailers are making with AI? 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Now he’s built a $3 billion cyber firm | Fortune Teacher, blame thyself: Yale report savages Ivy League schools for destroying American trust in higher education | Fortune Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket | Fortune From wool sneakers to GPUs: Allbirds’ desperate AI pivot and 600% stock surge, explained | Fortune The Sam Altman attack is putting two anti-AI groups under scrutiny—but the story is more complicated | Fortune Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’ | Fortune ‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion | Fortune The CEO of a $24 billion Dutch lender has sandwiches once a week with the staff to hear their views and get them on side with cost cuts | Fortune Why insurance giant Travelers' CTO is placing fewer, bigger bets on AI | Fortune Current price of oil as of April 15, 2026 | Fortune The dirty secret behind Big Tech’s AI arms race: Massive hardware investments that are obsolete in 3 years | Fortune Dow’s CEO handoff elevates an insider and seasoned operator | Fortune Anthropic faces user backlash over reported performance issues with its Claude AI chatbot | Fortune Stock futures sink while oil spikes as the U.S. Navy looks to squeeze Iran's economy and break its grip on the Strait of Hormuz | Fortune A major U.S. gasoline production hub is in such a severe drought that its refineries may be hobbled. 'We are actively praying for a hurricane' | Fortune U.K. won’t take part in Trump’s planned blockade of Hormuz strait | Fortune Hungarian voters oust Viktor Orbán, a close ally of Trump and Putin, despite late campaign push from JD Vance | Fortune Blazing hot IPOs, an AI agent craze, and a new word for ‘token’: Here’s what’s happening in the world of Chinese AI | Fortune Iran’s crumbling economy is the regime’s greatest weakness with prices up 40% since the war began while authorities worry about making payroll | Fortune Here’s how a U.S. naval blockade of the Strait of Hormuz could work. ‘This is a big task, and it’s a big gamble’ | Fortune Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty | Fortune Artemis III will practice docking Orion with lunar landers in Earth orbit next year while Musk’s Starship and Bezos’ Blue Moon compete for Artemis IV | Fortune Oil tankers U-turn in Hormuz as U.S.-Iran talks break down Saudi Arabia says East-West pipeline restored to full capacity In 2011, Barack Obama said it was time to ‘pivot’ to Asia. But 15 years later, the U.S. is still at war in the Middle East Trump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’ This TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’ ‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000 As Iran peace talks fail, Trump and Joe Rogan watch a hobbled fighter triumph in a brutal cage match Haiti stares down starvation as Iran War drives 200,000 into acute food emergency status ‘I just keep seeing a lot of different aspects of life getting more expensive’: New car prices are up 30% over 6 years America is not ready for its own longevity crisis — and 2026 is the wake-up call | Fortune JD Vance leaves Pakistan after marathon talks with Iran end without a deal as Tehran refuses U.S. demand not to develop nuclear weapons | Fortune Average price of new cars nears $50,000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out | Fortune Navy tests Hormuz blockade as expert says U.S. military prepares for round 2 and could degrade Iran’s hold over the strait to a ‘manageable level’ | Fortune Pakistan sends military force to Saudi Arabia as part of pact | Fortune Three oil supertankers sail through the Strait of Hormuz | Fortune Trump downplays talks for ceasefire deal with Iran, claiming military victory. 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Creators who built followings based on trust refuse to outsource some tasks to AI: Humans can ‘sense a decoy’ | Fortune
Diane Brady · 2026-05-26 · via Fortune | FORTUNE

Good morning. For my birthday, a friend texted this AI-generated “painting” created from an old photo of me that he’d pulled from Facebook. It took eight seconds to produce, making it more of a cute party trick than a piece of art. Such is the effort paradox in which we assign value to the labor and talent that goes into producing something. When it comes to creativity, humans value effort over perfection. In a world where everything can be made by AI, how do we measure and maintain value? As Adam Smith said, the real price of everything is “the toil and trouble of acquiring it.”

It’s an important factor for leaders to weigh as they decide which creative work to assign to AI and which to leave to humans. Few think about this more than creators whose businesses rely on building trust with millions of followers. Matthew Hussey and Gabby Bernstein are authors whose popularity stems from fostering deeply human conversations about topics like authenticity, personal connections, and vulnerability. They have created digital twins with help from Dara Ladjevardian and his team at Delphi.ai, who also created a digital twin of me last year through his AI startup. Both have strong views on AI and what must remain analog for their careers to thrive.

Hussey uses his digital self to give fans access to personalized dating advice. “Everyone wants personalized coaching, and it’s not available to 99.9% of the audience,” he said on stage at a Delphi event last week, noting that one person’s conversation with his AI version lasted six hours. “The idea that I would co-write an email or book with AI is grotesque. I don’t need to scale a newsletter or a YouTube video. It’s about the quality of it. When human beings feel there is a decoy in something that’s pretending not to be a decoy, they sense it.”

“We want people to know immediately that this isn’t me. But if you want to talk to someone at 2 a.m. about a heartbreak you are going through, it’s here …This is about finding a genuine solution to a problem. I’ve put 18 years of everything I’ve ever done into Matthew.ai. It democratizes access to everything I’ve ever learned.”

For Bernstein, AI addresses another problem that’s plagued her as an entrepreneur. “I’m a bad manager. I’m the worst. I don’t want to manage … The beauty is that I can manage a smaller group of people,” she said. “I am much more grounded and centered working with fewer humans. As a generalist who is very fast and has ADHD….I can reinvest my time differently. I can be more picky about the content that I put out.”

As Hussey put it: “Everyone can make a good YouTube video … Good is dead. You have to be great.” And to become great, he added, there’s no substitute for putting in the work.

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

Top leadership news

A ‘troubling’ relationship at SpaceX

Private equity investor Antonio Gracias’ Valor Equity Partners was one of Tesla's earliest institutional investors and holds roughly 7.3% of SpaceX, making him the second-largest individual shareholder after Musk. Meanwhile, lease agreements obligate SpaceX to pay Valor close to $20 billion. Nell Minow, a chair of ValueEdge Advisors, called the Valor leases "deeply troubling."  

Inside the ‘stealth wealth’ playbook

A growing class of ultrawealthy buyers, particularly tech and AI executives who have moved to Silicon Valley, are deliberately routing their home purchases through limited liability companies, privacy trusts, and so-called “whisper” listings that never touch the multiple listing service. Their end goal isn’t getting the best deal they can possibly get: It’s more about maintaining anonymity and thinning their paper trails to ensure security. 

A parental leave play 

Rosewood Hotel Group, owned by Hong Kong’s Cheng family, has introduced a global, gender‑neutral policy granting all employees 16 weeks of fully paid parental leave, including for adoption. The move, more generous than statutory minimums in much of Asia, aims to boost talent attraction, retention, and culture as the region confronts collapsing fertility rates and worker shortages, especially in hospitality

The markets

S&P 500 futures are up 0.62% this morning. The last session closed up 0.37%. The STOXX Europe 600 was down 0.24% in early trading. The U.K.’s FTSE 100 was up 0.63% in early trading. Japan’s Nikkei 225 was down 0.25%. South Korea’s KOSPI was up 2.55%. China’s CSI 300 was up 0.53%. Hong Kong’s Hang Seng was flat. India’s NIFTY 50 is down 0.51%. Bitcoin was at $77K.

Around the watercooler

Elon Musk’s SpaceX IPO filing just told us what business he’s betting on for the future—and it’s not rockets by Shawn Tully

It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off by Jordan Blum

AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge by Tristan Bove

The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices—and even Trump supporters doubt he can bring relief by Jason Ma

The quiet death of conscious consumerism, from Everlane and Allbirds to Beyond Meat by Phil Wahba

CEO Daily is curated and edited by Joseph Abrams, Jason Ma, Claire Zillman, and Lee Clifford.