Pivot

Snapshot · Pivot

Meta’s Prediction Market App, Europe vs. Big Tech, and Hollywood’s Comeback

Explore episode Jun 26, 2026

Where this was said

Creator Economy Takes Over Cannes — and AI Finds Its Limits

At 4:24 · chapter starts 4:12

Scott delivers his Cannes thesis with conviction: the festival built to celebrate the ad industry no longer belongs to it. Five hundred creators attended in 2026, up from 400 the prior year, and the celebrities now are food bloggers and niche content makers, not Maurice Levy or Martin Sorrell. The second theme is a striking reappraisal of AI: last year everyone was asking 'what do we do with AI?' — this year the question is 'how do we get an ROI?' Scott argues that AI takes everyone to the middle while social media drives people to extremes, making genuine creativity more valuable than ever. IBM, he notes, is hiring more designers as a share of total headcount than before the AI wave — hardly the outcome the doomers predicted.

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