California May Be Preparing for the First AI Economy, ot Just the First AI Policy
For the last two years, most governments have approached artificial intelligence with a familiar set of questions: How do we regulate it? How do we make it safer? How do we remain competitive?…
What layoffs hide about the real problem with the job market
Jobs can feel precarious right now as well-known companies keep slashing workers. The latest is Meta, which…
AI leaders see mass job loss coming. They want government’s help solving it.
Elon Musk has a plan for a future where jobs are wiped out by artificial intelligence: a benevolent government…
Intuit to lay off over 3,000 employees to refocus on AI
Enterprise software giant Intuit is letting 17% of its staff go, or about 3,000 people, as it seeks to divert…
StanChart to cut over 7,000 jobs, boost AI to replace ‘lower-value human capital’
Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace…
Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
Meta Platforms Inc. is reassigning 7,000 workers to new jobs related to artificial intelligence, according to an…
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
General Motors is laying off hundreds of salaried employees in its information technology operations as the…
Cloudflare to cut about 20% workforce as AI adoption reshapes operations
Cloudflare said on Thursday it would cut about 20% of its workforce as the company restructures operations…
IMF warns of ‘inevitable’ AI-powered threats to global financial system
The International Monetary Fund (IMF) warned on Thursday of the risks to global financial stability posed by…
Coinbase lays off nearly 700 workers in ‘AI-native’ restructuring
Coinbase is the latest tech company to gut its workforce as part of an AI-centric restructuring. The company…
The Bloomberg Terminal Is Getting an AI Makeover
For decades, the Bloomberg L.P. Terminal has been one of the most powerful software products in the world. Walk…