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AI APOCALYPSE
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...- Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
- Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
- Give me more! Only 29% Indians satisfied with current salaryA recent survey reveals that only 29% of Indian employees are satisfied with their current pay, with 81% planning to seek salary hikes in t...
- AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
- Adani Power surpasses Infosys in market capitalisation after 126% rally in one yearAdani Power has overtaken Infosys in market capitalisation to become India’s 11th most valued company. The stock has surged around 68% so f...
- OpenAI's Sam Altman says AI unlikely to lead to 'jobs apocalypse'OpenAI CEO Sam Altman stated AI will not cause a global jobs apocalypse. He admitted his fears about white-collar job losses were exaggerat...
- AI doesn't dream of revolution: ‘Marxist AI’ says less about machine consciousness than about human labour grievances it’s fedAI agents reportedly showing 'Marxist' leanings are not developing political consciousness. Instead, they are mirroring human discussions o...
- Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- Salesforce CEO Marc Benioff says AI won’t wipe out entry-level jobs. He’s hiring 1,000 graduates to prove itSalesforce CEO Marc Benioff announced the company is hiring 1,000 graduates and interns to build its AI systems, directly challenging fears...
- AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
- India bull Chris Wood likes Pakistan stock market around IMF bailout cyclesJefferies strategist Christopher Wood says Pakistan offers high-beta opportunities around IMF bailout cycles, even as India remains his cor...
- AI’s most radical gift may be making humans better at being human, and enhancing workAI is often seen as a threat, but its real impact may be helping humans work better, not replacing them. Evidence shows AI mostly augments ...
- Tech billionaires like Zuckerberg are reportedly prepping for doomsday; are we next?Tech titans like Mark Zuckerberg are reportedly building elaborate underground shelters, sparking fears about the future of AI. While some ...
- AI didn’t steal your job, then who did? Yale study busts the myth of the great automation apocalypse: ‘Speculation, not disruption’A new study by Yale University’s Budget Lab challenges fears of AI-driven mass unemployment, finding little evidence that artificial intell...
- If AI doesn't kill your company, it will make it stronger, study showsIts authors, who used data from the US Census Bureau and surveys covering the period between 2017 and 2021, found early adopters of AI in t...
- OpenAI's Sam Altman, sugarcoating the apocalypseThe government has nibbled the edges of regulation, but the quicksilver AI has already leaped ahead of the snaillike lawmakers and bureaucr...
- AI-cism, the new bigotry against AI?For a few hours after the news of a US Air Force drone killing its operator came out on Friday, there was panic and outrage. 'The Terminato...
- Elon Musk worried about a 'Terminator' like scenario erupting from artificial intelligenceElon Musk revealed why he’s an investor in an artificial intelligence company called Vicarious. “I like to just keep an eye on what’s going...
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