Monday, February 9, 2026

Super Bowl ads need to move on

Bad Bunny's right there for inspiration
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For every diehard football fan watching the Super Bowl, there's someone else who's there just for the creative commercials (or, this year, the Benito Bowl). Bloomberg Businessweek's Buying Power columnist Amanda Mull has thoughts about the nostalgia trend in last night's ads. Plus: The perception that the FDA is becoming arbitrary is bad for business, and the start of a series on the new realities of finance.

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When Prince told the world that tonight we're gonna party like it's 1999, the command evoked a particular set of hopes and possibilities. The year, crucially, was 1982, back when 1999 was still an imagined future. The world would be on the cusp of a leap forward in time that implied a leap forward in so many other things—a new millennium would surely bring with it new ideas and technologies and art, or at least new ways of getting funky.

While watching last night's Super Bowl, that Prince lyric kept coming to mind in a different way, even though the song itself wasn't used in any ads. (I'd imagine licensing music from Prince's estate isn't the most straightforward endeavor.) In commercial after commercial, viewers got big-budget versions of the paeans to nostalgia that have for years populated a wide swath of "new" pop culture.

Screenshot of a Dunkin' ad that spoofs the film Good Will Hunting as well as various TV shows of the 1990s. Source: Dunkin/YouTube

The Backstreet Boys starred in a T-Mobile ad along with their 1999 hit I Want It That Way, while their 1997 chart-topper Everybody (Backstreet's Back) was the subject of Coinbase karaoke. Comcast Xfinity de-aged Jurassic Park stars Laura Dern, Jeff Goldblum and Sam Neill back to an uncanny version of their '90s selves. Dunkin' ran a spoof of 1997's Good Will Hunting with Ben Affleck and a pastiche of that era's TV stars: Jennifer Aniston and Matt LeBlanc from Friends, Seinfeld's Jason Alexander, A Different World's Jasmine Guy, Fresh Prince of Bel-Air's Alfonso Ribeiro, Family Matters' Jaleel White. (Tom Brady was also there, for reasons that aren't clear beyond what seems to be major media's sincere—though I would argue mistaken—belief that the American people cannot get enough Tom Brady.)

I turned 40 in December, putting me and my contemporaries in a sweet spot for advertisers: We're in the 18 to 49 "key demo," but old enough to theoretically have stable lives, growing reserves of disposable income and a willingness to be convinced. These commercials were built in ad agencies' conference rooms and Zoom calls to poke at the soft spots in the skulls of people my age—an imagined nation of former 14-year-olds—who are expected to clap like seals every time novelly configured reminders of our youth pass through our field of vision.

Instead, I thought back to a book I read last year, Blank Space: A Cultural History of the Twenty-First Century by the cultural critic W. David Marx. In it, Marx argues that pop culture stalled out somewhere around the turn of the millennium, leaving Americans in a feedback loop of rehashed nostalgia and self-referentiality, without much creative innovation or risk-taking to speak of, especially when audiences and expenditures are at their largest. Although advertising has never exactly been the vanguard of mass cultural innovation, the particular level of tepidity last night—especially when paired with a bevy of ads for AI tools that promise to exempt your future self from various types of creative thought—made it hard not to feel a little insulted. 

Nostalgia, though, isn't an infinite resource, if it even works at all as an advertising gimmick—I couldn't remember the companies that were responsible for any of these ads off the top of my head, though I had no problem recalling some lower-budget options, like a clever public-health spot about prostate cancer testing. Eventually they'll scrape the last bits out of the bottom of the barrel, and someone's going to need to have a new idea.

For inspiration, advertisers might look to Bad Bunny's halftime show, which has so far eclipsed all of their grasping bids for day-after attention by a margin so wide as to be laughable. It, too, had moments of nostalgia, but they were invoked alongside a vision of the future, creative and otherwise: of kids who grow up to make music and win Grammys, of couples getting married and starting lives together, of improved infrastructure in Puerto Rico, of a wider and more joyful view of what it means to be American. Right now, though, plenty of companies seem content stacking millions of dollars on the gas pedal in a car stuck in reverse, and I'm not sure it's going anywhere worth visiting.

Related in Bloomberg Opinion: Zara's Bad Bunny Super Bowl Collab Is Worth the Risk

In Brief

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A Nebulous Fast Track for Drugs

Illustration: Sebastian Cestaro for Bloomberg Businessweek

In November, what was supposed to be a marquee announcement of lower prices for the blockbuster weight-loss drugs from Novo Nordisk A/S and Eli Lilly & Co. went viral for the wrong reason: An onlooker collapsed in the Oval Office, and it was captured on livestream. The episode ricocheted across social media and into late-night monologues, with millions of viewers who'd skipped the original announcement tuning in to rewatch the almost made-for-TV fainting clip.

Far less attention was paid to the substance of the event. But for informed viewers, it was equally dramatic. After the commotion subsided, US Food and Drug Administration Commissioner Marty Makary praised Novo and Lilly for lowering their drug prices—a major win for President Donald Trump's domestic agenda—and awarded each company a voucher guaranteeing faster-than-normal FDA review for a future medication. As the exchange made abundantly clear, in Trump's Washington, even the speed of a federal drug review is up for negotiation.

That has rattled lawmakers, analysts and even federal health officials, Charles Gorrivan writes, because of the possibility of corruption, legal problems or safety risks: Faster FDA Reviews Cut Red Tape, But Critics Wonder at What Cost

Elite Cost of Living

$70,000
A least seven of the top private schools in New York City passed that milestone in their tuition costs for the fall. The amount exceeds the cost of many elite colleges, as the scholls pass on the costs of soaring expenses including teacher salaries.

For Junior Bankers, AI Is a Flex

Illustration: Holly Warburton for Bloomberg Businessweek

While banks tout efficiency gains they've both achieved and project from AI, fears persist that the technology could hollow out entry-level roles. What is clear is that employers are onboarding classes of financial analysts for whom using AI models is second nature. It's possible their fluency, and their openness to experimenting with evolving tools, may be giving younger workers a leg up on their elders. We talked to junior bankers about what their early career looks like as AI creeps in. Here's one:

The Engineer: Hailey Mullen, 24
Mullen has always used technology to make sense of the world. At Dartmouth College, she studied engineering and got a master's degree in operations research and analytics, working with professors who embraced AI as a tool of the future, with models performing quantum-physics calculations and multivariable calculus. "I got to approach AI with a lot of curiosity and creativity in a very unstructured, unregulated environment," she says

Keep reading: Junior Bankers Are Teaching Their Elders How to Use AI

Too Far Gone

"Never has Cuba been in such horrible dire straits, and the US has never been in this type of position of power. But I've spent my life being burned."
Pedro Freyr
 Chair of the international practice at Akerman LLP
Miami elites who dream of rebuilding Cuba fear the regime is so entrenched that the playbook the US used in Venezuela isn't likely to work on the island. Read the full story here.

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