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AI AND LABOR SHORTAGES
AI will lead to labour shortages, Jeff Bezos says in optimistic talkBezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and h...
Why Google is investing millions in electricians, welders and pipefitters in the age of AIGoogle is investing $50 million through Google.org to train over 300,000 American workers for skilled trades like electrical work and weldi...
Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investmentMeta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skil...
S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interes...
Fed's Warsh inherits economy increasingly squeezed by inflationNew Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing ...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
97% of Indian manufacturers say digital transformation is essentialThe nation leads global peers in high-budget technology spending, and 88% are already utilizing AI/ML in operations. Despite challenges in ...
US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
Samsung union says to embark on 48,000-strong strike on Thursday after impasse on bonusesSamsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea'...
Stellantis expands AI manufacturing push with Accenture and NVIDIAStellantis’ partnership with Accenture and NVIDIA highlights a broader shift in the AI industry beyond chatbots and copilots toward industr...
Samsung, labour union meet again as Seoul threatens to intervene to block strikeSamsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike...
Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety risesAs layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechan...
At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
AI is not replacing workers on a large scale so far, says Bank of CanadaThe Bank of Canada reports no widespread job losses due to artificial intelligence. AI is seen as a tool to transform tasks, not eliminate ...
Trump wants to make H-1B workers more expensive for US employersA Trump administration proposal would significantly increase H-1B visa minimum salaries, requiring entry-level software engineers in San Fr...
US stock market today: Why are Dow Jones, S&P 500, and Nasdaq surging as AMD stock explodes and oil prices crash on Iran peace hopes?US stock market today: Dow Jones jumps 650 points, Nasdaq surges as AMD stock explodes 19%, oil crashes, and AI optimism reshapes Wall Stre...
Walmart self checkout: Why are Costco, Target removing self checkout?Self checkout means Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monoton...
In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
Samsung focuses on HBM as AI demand drives record quarterly profitSamsung Electronics, on Thursday, announced its strategy to prioritize high-value memory products, specifically high-bandwidth memory (HBM)...
IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...