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AI WIPE OUT MILLIONS OF JOBS
AI is creating a 'Darwinian moment' for employees: Palo Alto CEO Nikesh AroraPalo Alto Networks CEO Nikesh Arora declared a 'Darwinian moment' for businesses, stating 90% of employees lack AI proficiency. His remarks...- Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...
- AI hiring outpaces overall IT recruitment in India: reportIndia's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting w...
- Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
- Why is it recommended to put an A4 paper in the fridge during heatwaves?Millions are enduring a severe heatwave, and your refrigerator is working overtime. A simple paper test can reveal if your fridge's door se...
- Dragon trails on AI bullet train as stocks shed most since 2001Chinese stocks are experiencing a significant downturn in 2026, with the MSCI China Index plummeting 15%, marking its worst performance glo...
- S&P 500, Dow Jones and Nasdaq close the first half of 2026 higher as chip stocks lead Wall Street: Here's why the US stock market ended June strongS&P 500, Dow Jones and Nasdaq today June 30: US markets concluded the first half of 2026 on a high note, with the S&P 500, Dow Jones, and N...
- Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...
- 'AI FOMO': Why this Google techie left the tech giant even after getting Rs 9.5 crore salaryA former Google account executive, Yousuf Imran, quit his high-paying job after earning nearly $1 million, citing fears of layoffs and the ...
- Vocus plans $343 million Sydney-Melbourne fibre link to meet AI demandMacquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducte...
- Along came an alien prompt: A day in the life of a software engineerThe role of an IT engineer has been rewritten over the past two years. Against the backdrop of persistent layoff fears, ET speaks to a cros...
- Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
- Million-plus cities lead in job quality, earnings: NSOIn India’s bustling metropolitan areas, workers are now enjoying improved job opportunities, particularly in regular salaried positions, al...
- SBI ordered to pay Rs 20 lakh compensation each to sweepers; HC says bread is costlier than bloodEnding a 27-year legal fight, the Orissa High Court ordered a public sector bank to pay Rs 20 lakh each to two daily-wage sweepers. The cou...
- AI unlikely to trigger 'Job Apocalypse', it may create uneven workforce disruption: Goldman Sachs ReportA Goldman Sachs report suggests that concerns regarding an impending 'AI job apocalypse' may be overstated. Over the next decade, while AI ...
- AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to ov...
- US Stocks | AI chip slump extends on Wall St as SanDisk sinks 12%, Micron drops 9% and AMD falls 5%Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanD...
- More than 10% AI solutions and machine learning engineer jobs in India waiting to be filled: Randstad Digital reportIndia faces a significant AI talent crunch, with one in ten AI solutions lead and machine learning engineer job postings unfilled. While In...
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