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CONSUMER SKEPTICISM OF AI
Trust levels for generative AI drops below 40%, yet consumers rely on AI product advice: McKinseyConsumers are increasingly using generative AI and digital platforms to research products despite low trust in their recommendations, with ...
US stocks today: Nasdaq, S&P 500 rise as Nvidia revives AI rally; Fed outlook in focusNvidia's strong revenue forecast revived the AI trade and lifted the Nasdaq and S&P 500, but Wall Street's focus is quickly shifting to Fed...
Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
A machine made by China sends shockwaves in the chip industryChina has begun mass-producing its own lithography machines, challenging ASML's global dominance. This development marks a significant step...
6 Ways to Make Strategy Resonate with Skeptical LeadersTo leaders of successful organizations, strategy can feel like a slow, political exercise that invites too much debate, increases bureaucra...
Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
Wall Street Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlinesUpcoming economic data and corporate earnings will test the resilient U.S. stock market. Major banks begin second-quarter earnings season, ...
Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
Why Great Innovations Fail to ScaleScaling innovation today demands contributions from multiple partners. Many innovations fail not because of flawed ideas but because teams ...
How to Avoid a False Start When You’re Leading a Big ChangeMany leaders believe the greatest risk in change is moving too slowly. That’s often true. For the times it’s not true, the greatest risk is...
Preparing Your Brand for Agentic AIAI agents are transforming brand-consumer relationships. The authors explore how brands must adapt to a new retail environment in which con...
How Brands Can Adapt When AI Agents Do the ShoppingInstead of scrolling on websites or strolling through stores, people are beginning to prompt AI agents to find, compare, and even purchase ...
World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
US Stock Market: Economic resilience collides with expensive valuations on Wall StreetThe US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of ...
Why Dell thinks students don't need a $1,000 laptop anymoreDell introduces a new XPS 13 laptop at an attractive price point. This device aims to offer premium features typically found in more expens...
Can too much AI backfire? Study reveals why ‘AI-powered’ products are turning buyers awayA new study published in the Journal of Hospitality Marketing and Management reveals that consumers are turned off by products marketed as ...
BoE rate-setter says AI can help predict inflationAt a conference in London on Thursday, she said the bank was testing a number of uses for the technology, from providing early warning sign...
Tenant recovers Rs 35,000 security deposit from landlord using ChatGPT, but some netizens question the methodA tenant recently used ChatGPT to draft a formal legal letter demanding the return of a Rs 35,000 security deposit from an unresponsive lan...
Biden administration sprints to tie up tech loose endsThe Consumer Financial Protection Bureau announced late last month that it would begin to regulate e-payment services by companies like Goo...
Is overhyped AI leading to an U.S. recession? Is it similar to previous tech bubbles?Artificial Intelligence is here to stay, it may experience corrections but the underlying technology is going to shape the future. Whether ...