Industry researchers reported that most companies buy AI tools before fixing the business data those tools depend on. A 2025 MIT study of 300 company AI projects found that about 95 percent produced no measurable financial gain. Adobe governance director Joseph Wallace wrote that most large firms set AI rules but give no one clear power to stop a harmful AI system.
Analysts warn most companies build AI on weak data and unclear oversight
A researcher used Anthropic's Claude AI to breach ticketing for major US festivals, and Getty ended its $3.7 billion Shutterstock merger.
By Abdul Rehman Asghar, Senior AI ConsultantEdition ofSecurity researcher Ian Carroll said he used Anthropic's Claude AI in April to exploit a flaw in Front Gate Tickets. The platform, owned by Live Nation, handles ticketing for major US festivals such as Lollapalooza and Bonnaroo. Carroll said the flaw let him issue unlimited free tickets, including a $4,000 pass, but he reported it and it was fixed within a day.
Franklin Templeton, an investment firm that manages about $1.66 trillion, said it is moving AI from small tests into everyday work across the company. The firm uses AI systems in research, operations, sales, and compliance, working with a technology partner called Wand AI. Franklin Templeton said human staff keep oversight, with named owners for each AI system.
Bank of England deputy governor Sarah Breeden said on June 30 that current rules were not built for AI that trades on its own. At a European Central Bank forum in Portugal, she said the bank is studying new safeguards, including a market-wide "kill switch." The tool could stop trading if many AI systems fail at once, and she said more than half of finance firms already use such systems.
Getty Images said its board voted on June 30 to end its planned $3.7 billion merger with rival Shutterstock. The company walked away after the UK competition regulator required Shutterstock to sell its editorial photo business as a condition for approval. About nine days earlier, Getty signed a deal with OpenAI to show its licensed images inside ChatGPT.
THE DAILY BRIEF
Get the next edition in your inbox.
A five-minute read, every weekday morning.
Free forever · Unsubscribe anytime
Other Editions
Newest first
Business software is folding AI into its flat price, and renewal is where buyers can push back
AOL's $19.95 flat rate in 1996 forced it to more than double its modems, and AI bundles are answering heavy use with monthly allowances.
ChatGPT repeats what a company's old web pages say, and fixing those pages fixes its answers
Workday will let payroll and accounting agents run in the background from early 2027, and the pauses that give away AI help in job interviews will fade.
Google's Gemini Spark reads each email and acts on it, from a rule written in one sentence
Spark runs on personal Google accounts and only with a setting that lets Google train on tasks, so customer emails should wait.
Top AI models do the steps well but miss when their own results are broken
Amazon blocked Meta's Muse shopping agent in September, and literary agents spotted publishers' AI-written letters by comparing them.
Gemini agents get company accounts, and staff-built agents need named owners
Google's free Foresight app writes meeting notes on a Mac without the internet, and AI that scores every customer call needs a clear rule on what a low score leads to.
THE DAILY BRIEF
Read the next one first.
A five-minute read, every weekday morning.
Free forever · Unsubscribe anytime