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AI IMPACT ON JOB MARKET
IMF, OECD warn AI could widen rich-poor country divideRecent conversations underscore the transformative possibilities of artificial intelligence in fostering global economic growth and improvi...- IMF, OECD warn AI could widen rich-poor country divideArtificial intelligence holds the potential to significantly enhance global economic growth and productivity rates. However, poorer countri...
- IIT Madras to release white paper on AI jobs, global standards and reskillingIIT Madras will release a white paper on global AI standards, job disruption and reskilling needs, while partnering with The Better India t...
- Westpac's latest job cuts not AI-driven, spokesperson saysWestpac is set to eliminate approximately 140 positions as part of a restructuring effort. The Finance Sector Union highlights that the ban...
- Eternal’s strong Q2 report; Exits outpace hiring at top IT firmsHappy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.
- Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
- Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. Th...
- Princeton PhD whose research was linked to Nobel Prize in Physics applies for 2,300 jobs, still struggles to find workA Princeton PhD graduate whose ice-formation research was cited in connection with the 2024 Nobel Prize in Physics, has applied for more th...
- The fake commute: How China's unemployed save faceUnemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips...
- Anthropic’s new fund could help address AI’s impact on jobs and workersAnthropic has unveiled the Anthropic Public Benefit Fund, which focuses on ensuring job stability amid the rise of AI technology. The firm ...
- London professional thought learning AI would help his career but the plan backfired: What is 'AI brain fry' and how to stay safe from itA London-based lawyer who started to learn AI to future-proof his career found himself exhausted by the constant release of new models and ...
- AI rapidly improving, could vastly boost US GDP: Anthropic's Clark tells policymakersClark, speaking at IMF and World Bank annual meetings in Bangkok, said that international cooperation was needed to erect "unusual and seri...
- Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answersChief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence. He stated that financ...
- Low-cost jobs will be taken over by AI, most worried about outsourced ones: Workday CEOWorkday Chairman and Chief Executive Officer Aneel Bhusri told reporters at the Workday Rising Summit that AI will not lead to jobs moving ...
- How AI is changing jobs, workforce skills, and what employers need to rethink?AI is changing more than the tasks employees perform. It is reshaping how jobs are structured, which skills employers value, and how respon...
- Artificial intelligence may create more jobs than it replaces in India: Piyush GoyalUnion Minister Piyush Goyal announced that artificial intelligence is poised to generate significant job opportunities for the youth of Ind...
- If AI saves two hours a day, where did those hours go?AI can help employees work faster, but higher efficiency does not necessarily mean a lighter workload or more time for strategic thinking. ...
- AI boom lifts China, India as global trade growth accelerates, IMF saysSilvana Tenreyro, the IMF's new chief economist, highlighted the robust growth in AI-related trade. This growth has significantly outpaced ...
- Singapore's President warns of AI's risk to employment for fresh graduatesDuring the IMF and World Bank annual meetings in Bangkok, Singapore President Tharman Shanmugaratnam raised concerns about the shrinking jo...
- AI impact on middle managers: Goldman Sachs ring alarm bells as freshers could do senior-level work from day oneGoldman Sachs executive Kevin Sneader says AI could reshape the traditional career ladder, allowing freshers to manage AI agents and take o...
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