The Paris 2024 Olympics logo has just been unveiled. It's caused something of a stir! Here are my thoughts as a design lecturer:
The left and right variants are the logos for the Olympics and the Para-Olympics respectively.
On the left logo, the Olympic rings look too prominent relative to the text. Mind you, that's when viewing on-screen at seated distances. The effect is probably not as noticeable when the viewer is further away because high-frequency changes, like the interconnections on the rings, tend to be dominant up close and recede at distance.
The typeface is deliciously art deco but just a little contemporary too. Paris is the birthplace of Art Deco. Maybe a little less art deco and more contemporary style would make the logo nicer, but at the cost of losing typographic contrast on all the other things that will use this typeface; signs, brochures etc.
As for the icon; any somewhat abstract shape is open to near-endless interpretations depending on what the viewer wants to see. In such cases, the designer & owner should be clear about what the meanings they intend are. Paul Rand says meaning flows from the thing to the logo, not the other way around. Here's what I see:
The Olympic flame in the negative space forming Marianne's face and she sporting a famous french haircut. It also celebrates that Paris was the first Olympics that allowed females to compete. The golden colour represents gold medals.
I looked it up their explanation is a gold medal shape, with an Olympic flame and the lips of Marianne.
Some of the negatives are; that the gold-medal-torch-lips icon, the text and the Olympic rings are in three very different visual styles. The horizontal separations do mitigate that with some risk of making the whole seem disconnected. I imagine that this logo will need quite some white space around it to avoid surrounding elements "pulling" things out of the logo.
The lips and flame combination might be seen as sexual, especially since the hairstyle could be associated with the free-love sixties. I see this interpretation in there, but don't think it's as dominant a meaning as the official one.
Overall: I like the logo! It will grow on people and will make more sense as the full visual system is used.