The recent years have brought great advances in our knowledge of magnetic fields in cool giant and supergiant stars. For example, starspots have been directly imaged on the surface of an active giant star using optical interferometry, and magnetic fields have been detected in numerous slowly rotating giants and even on supergiants. Here, I review what is currently known of the magnetism in cool giant and supergiant stars, and discuss the origin of these fields and what is theoretically known about them.