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A.I.

Jobs

Beware finance bros: AI is coming for banking before any other kinds of jobs, Citigroup warns

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Bad news for the one percent: According to a new exhaustive report from Citigroup, finance is on track to bear the brunt of AI-related...
Tech

‘Godfather of AI’ emerges out of stealth to back carbon capture startup

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Since dramatically quitting Google last year, Geoffrey Hinton, known better as the “Godfather of AI,” has been a harbinger of doom for how the...
Infra

The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says

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Wall Street has been puzzling over the U.S. economy’s continued resilience in the face of aggressive rate hikes from the Federal Reserve, with some...
Tech

How Amazon blew Alexa’s shot to dominate AI, according to more than a dozen employees who worked on it

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With that phrase, David Limp, at the time Amazon’s head of devices and services, showed off a new generative AI-powered version of the company’s...
Fitness

At this gym, customers can choose an AI best friend or drill sergeant

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In a market flooded with new cycling and boot-camp concepts, Brandon Bean, former CEO of Gold’s Gym, knew he wanted to build his next...
Jobs

AI isn’t yet capable of snapping up jobs—except in these 4 industries, McKinsey says

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With sluggish productivity growth around 1.4% despite watershed advancements in technology and innovation, increasing growth—and median household incomes—may hinge on a simple equation. “I...
Infra

Microsoft announces plans to invest $3.2 billion in Swedish AI

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Microsoft Corp plans to invest $3.2 billion in artificial intelligence and cloud facilities in Sweden, its largest-ever infrastructure bet in the Nordic country drawing...
Jobs

Top China VC Kai-Fu Lee says his prediction that AI will displace 50% of jobs by 2027 is ‘uncannily accurate’

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Years before OpenAI’s ChatGPT showed the world what generative artificial intelligence technology could do, venture capitalist Kai-Fu Lee saw AI’s disruptive potential in the...
Jobs

Elon Musk predicts jobs will become ‘kinda like a hobby’

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Elon Musk is a notoriously hard worker. At present he’s the CEO of EV maker Tesla and rocket company SpaceX, founder of satellite venture...
Bussiness

Investors clash over Elon Musk’s $46 billion pay package: ‘The board has yet to ensure that Tesla has a full-time CEO’

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Tesla investors are lobbying to shoot down the largest moonshot compensation plan in history. A group including the New York City pension funds filed a...
Jobs

AI isn’t coming for your job—at least not yet

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When CEOs talk to investors about layoffs, they usually blame economic uncertainty or business “headwinds.” Now a new term is starting to crop up...
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