Business Insights
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Crypto
  • Economy
  • Finance Expert
  • Forex
  • Invest News
  • Investing
  • Tech
  • Trading
  • Uncategorized
  • Videos
Apply Loan
Money Visa
Advertise Us
Money Visa
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact
Parents should be more worried about Mattel's Barbie than ever
  • Trading

Parents should be more worried about Mattel's Barbie than ever

  • July 6, 2025
  • Roubens Andy King
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

I don’t allow my children to play video games. They don’t have smartwatches, iPads, or smartphones.

And yet, nearly every child in my son’s class has either a phone or a smartwatch. Is it hard to say no and explain that he can’t have something every other kid has?

💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵

Honestly, no — only because we believe that’s the right thing to do.

I am not trying to be too strict or rigid. I support providing them with basic knowledge of technology, but there should be balance. 

Related: TSA bans these common children's toys from airplanes

They should be able to play — really play — outside in the mud, or inside with simple non-electric toys. It’s then they actually use their mind, start to be creative, and feel the excitement of creating or discovering something new.

“Playing is essential for human brain development, much more than cognitive functioning. Much more important than learning facts. It's play that helps the brain develop. We know that this is a scientific fact,” explains Gabor Mate, a Canadian physician and an expert on trauma, addiction, stress, and childhood development.

Today it seems harder than ever to foster kids' healthy development, as we are surrounded by technology. And toy producers keep pushing upgrades that seem not only unnecessary, but sometimes even scary.

Barbie maker Mattel's recent partnership with OpenAI is raising concerns among parents and experts on child welfare.

Image source: Shutterstock

Iconic toy giant’s partnership with OpenAI

Barbie maker Mattel (MAT)  has been making toys for 80 years, during which it has become one of the leading global toy manufacturers, and the creator of franchises cherished by kids and families around the world.

On June 12, the toy giant unveiled a strategic partnership with OpenAI, the company behind ChatGPT. The idea behind the collaboration is to “bring the magic of AI to age-appropriate play experiences, with an emphasis on innovation, privacy, and safety,” reads the press release.

Related: Iconic toy store chain closing stores once again

This begs the question — is there such a thing as safe interaction between a child and a chatbot? I sincerely doubt it.

“Each of our products and experiences is designed to inspire fans, entertain audiences, and enrich lives through play,” Mattel Chief Franchise Officer Josh Silverman said. “AI has the power to expand on that mission and broaden the reach of our brands in new and exciting ways. Our work with OpenAI will enable us to leverage new technologies to solidify our leadership in innovation and reimagine new forms of play.”

Entertain, inspire, excite, bring new forms of play? Do children really need new forms of play?

More Retail:

  • Huge retail chain suddenly closing hundreds of stores
  • Major retailer scores huge benefit from Joann bankruptcy
  • Home Depot, Target, Ulta and more strike back at retail crime

From my experience, you can just give children a little bit of sand, water, small branches, and some rocks. It would make them more than happy, playing for hours. More importantly, it would force them to be creative and develop their own exciting games.

Experts warn about the potential damaging effects of ChatGPT-powered toys

I am not alone in my concerns about the idea of ChatGPT-powered toys. Child welfare experts and advocacy groups such as Public Citizen are starting to warn about the potential dangers of this collaboration, writes The Independent.

“Children do not have the cognitive capacity to distinguish fully between reality and play,” Public Citizen Co-president Robert Weissman stated.

Weissman noted that risks include “real damage” to children, undermining social development and impacting the their ability to form peer relationships.

Even adults have been known to have dangerous “relationships” with AI chatbots. Why?

Aarhus University Psychiatry Professor Søren Dinesen Østergaard explains that “the correspondence with AI chatbots such as Chat is so realistic that one easily gets the impression that there is a real person at the other end.”

Now imagine the still-developing child’s brain in that position.

OpenAI CEO Sam Altman recently said his company focuses on safety measures to protect vulnerable users.

Related: Wendy's adds old-school toys to take on McDonald's Happy Meal

Another important question for parents and caregivers: Is it worth it? Are there any actual benefits of ChatGPT-powered toys for children, or just potential risks?

What’s more, if simple iPads and smartphones are known to threaten children’s development, what about a more powerful toy?

Remember, playing is an important part of growing up and helps your child explore the world.

While Mate did not comment on Mattel or its OpenAI collaboration, he talked about the general dangers of children’s dependence on technology.

“We’ve deprived our children of play. This [showing smartphone] is not play,” Mate said. “These kids with their iPads at one year old have been robbed of their capacity to play. And the companies design these gadgets to make these kids addicted.”

Mate concludes with the words of his friend, an endocrinologist, saying, “What we have here is hacking of the American mind.”

There are still no details on exactly how OpenAI's technology will be integrated into Mattel’s new toys, but hopefully, it ends up being one of those experiments that gets scrapped before it even starts.

Related: Classic toy store chain files Chapter 11 bankruptcy

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Roubens Andy King

Previous Article
Trump Claims Musk ‘Off The Rails’ For Making Political Party
  • Crypto

Trump Claims Musk ‘Off The Rails’ For Making Political Party

  • July 6, 2025
  • Roubens Andy King
Read More
Next Article
The Tyranny of IRR: A Reality Check on Private Market Returns
  • Invest News

The Tyranny of IRR: A Reality Check on Private Market Returns

  • July 6, 2025
  • Roubens Andy King
Read More
You May Also Like
Amazon is selling  wireless earbuds for  that offer 'incredible noise cancellation'
Read More
  • Trading

Amazon is selling $49 wireless earbuds for $20 that offer 'incredible noise cancellation'

  • Roubens Andy King
  • September 3, 2025
Low-cost airline cancels all international flights over safety issues
Read More
  • Trading

Low-cost airline cancels all international flights over safety issues

  • Roubens Andy King
  • September 2, 2025
Amazon is selling the 'perfect oversized sweater' for only
Read More
  • Trading

Amazon is selling the 'perfect oversized sweater' for only $20

  • Roubens Andy King
  • September 2, 2025
Walmart is offering a rare sale on its bestselling Lego orchid set for a limited time
Read More
  • Trading

Walmart is offering a rare sale on its bestselling Lego orchid set for a limited time

  • Roubens Andy King
  • September 2, 2025
Veteran trader sees key economic signal in surging gold prices
Read More
  • Trading

Veteran trader sees key economic signal in surging gold prices

  • Roubens Andy King
  • September 2, 2025
DraftKings secures a spot in the next big sports gambling state
Read More
  • Trading

DraftKings secures a spot in the next big sports gambling state

  • Roubens Andy King
  • September 2, 2025
Market jitters send stocks lower ahead of jobs data
Read More
  • Trading

Market jitters send stocks lower ahead of jobs data

  • Roubens Andy King
  • September 2, 2025
Burger King Menu Tackles Problem McDonald's, Starbucks Can't Fix
Read More
  • Trading

Burger King Menu Tackles Problem McDonald's, Starbucks Can't Fix

  • Roubens Andy King
  • September 2, 2025

Recent Posts

  • Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with UBS Group AG, Credit Suisse AG, Credit Suisse Holdings (USA), Inc., and Credit Suisse AG, New York Branch
  • Papa Ka Business Gyaan😎😂(Fruit Seller Ka Secret)#relatablecontent #viralshortsvideo #ulovevines
  • Federal Reserve Board – Stephen I. Miran submits his resignation as a member of the Federal Reserve Board, effective when or shortly before his successor on the Board is sworn in
  • Federal Reserve Board – Federal Reserve Board releases results from two surveys of senior financial officers at banks about their views on discount window operating days and their strategies and practices for managing reserve balances
  • SpaceX IPO Scandal
Featured Posts
  • Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with UBS Group AG, Credit Suisse AG, Credit Suisse Holdings (USA), Inc., and Credit Suisse AG, New York Branch 1
    Federal Reserve Board – Federal Reserve Board announces termination of enforcement actions with UBS Group AG, Credit Suisse AG, Credit Suisse Holdings (USA), Inc., and Credit Suisse AG, New York Branch
    • May 15, 2026
  • Papa Ka Business Gyaan😎😂(Fruit Seller Ka Secret)#relatablecontent #viralshortsvideo #ulovevines 2
    Papa Ka Business Gyaan😎😂(Fruit Seller Ka Secret)#relatablecontent #viralshortsvideo #ulovevines
    • May 14, 2026
  • Federal Reserve Board – Stephen I. Miran submits his resignation as a member of the Federal Reserve Board, effective when or shortly before his successor on the Board is sworn in 3
    Federal Reserve Board – Stephen I. Miran submits his resignation as a member of the Federal Reserve Board, effective when or shortly before his successor on the Board is sworn in
    • May 14, 2026
  • Federal Reserve Board – Federal Reserve Board releases results from two surveys of senior financial officers at banks about their views on discount window operating days and their strategies and practices for managing reserve balances 4
    Federal Reserve Board – Federal Reserve Board releases results from two surveys of senior financial officers at banks about their views on discount window operating days and their strategies and practices for managing reserve balances
    • May 14, 2026
  • SpaceX IPO Scandal 5
    SpaceX IPO Scandal
    • May 13, 2026
Recent Posts
  • Alex Murdaugh Was Convicted of Killing His Wife and Son. Now the Verdict Has Been Thrown Out Because of a Fame-Chasing Clerk
    Alex Murdaugh Was Convicted of Killing His Wife and Son. Now the Verdict Has Been Thrown Out Because of a Fame-Chasing Clerk
    • May 13, 2026
  • Federal Reserve Board – Federal Reserve Board issues Economic Well-Being of U.S. Households in 2025 report
    Federal Reserve Board – Federal Reserve Board issues Economic Well-Being of U.S. Households in 2025 report
    • May 13, 2026
  • The ONLY 4 ETFs You Need to Buy in 2026 (if you want to become a millionaire)
    The ONLY 4 ETFs You Need to Buy in 2026 (if you want to become a millionaire)
    • May 12, 2026
Categories
  • Business (2,057)
  • Crypto (2,023)
  • Economy (274)
  • Finance Expert (1,687)
  • Forex (2,016)
  • Invest News (2,470)
  • Investing (2,040)
  • Tech (2,056)
  • Trading (2,024)
  • Uncategorized (2)
  • Videos (1,061)

Subscribe

Subscribe now to our newsletter

Money Visa
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.