Smartbird

Smartbird CEO Nadia Carlsten said companies should look beyond the recent volatility in AI and tech stocks, which has sent markets on a wild ride. Speaking to Ben Bergman, she argued that short-term swings matter less than the need for businesses to transform: "I think every company needs to reinvent itself every now and again," she said.

Smartbird, the company behind the Allbirds sneaker brand, is shifting its focus from footwear to artificial intelligence, according to its chief executive. The CEO has publicly detailed the reasoning behind the strategic pivot, prompting discussion about the future of the once-trendy sustainable shoe business and what the move means for the company's brand, employees and customers.