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JOB DISPLACEMENT
Sam Altman wants to give a 5% OpenAI stake to the US government: ReportOpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with...
West Bengal notifies rural jobs scheme to replace MGNREGA with VB-G RAM G from July 1West Bengal is launching the VB-G RAM G rural employment scheme on July 1, replacing MGNREGA. This new initiative promises 125 days of wage...
AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
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...
Four things to know about South Africa's anti-migrant protestsSouth Africa is gripped by anti-immigrant unrest as citizen groups demand undocumented foreigners leave, leading to at least four deaths an...
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...
With AI, challenge is convincing people that learning still matters: Coursera CTOCoursera's CTO, Mustafa Furniturewala, emphasises that AI's true value in education lies in translating information into practical skills, ...
AI spending boom could trigger sharper downturn than dotcom crash: Professor Aswath DamodaranValuation expert Aswath Damodaran warns the AI boom's massive capital expenditure, largely debt-funded, could lead to a more painful downtu...
Bengaluru, Pune, Hyderabad, Mumbai and Chennai dominate India’s AI talent map: ReportNearly one in five AI learners comes from Tier II cities such as Lucknow, Patna, Jaipur, Indore, Nagpur, Chengalpattu and Coimbatore, accor...
Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Building a frontier ecosystem over models essential for global economic value: Microsoft CEOMicrosoft chairman and CEO Satya Nadella stated that the priority for the global economy must center on building a frontier ecosystem rathe...
Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job lossAfter being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an i...
AI could automate 80% of jobs, urges major tax reform: Vinod KhoslaSilicon Valley investor Vinod Khosla predicts AI will soon perform 80% of human economic work, with gains primarily benefiting investors. H...
Anthropic CEO warns of AI jobs reckoning as company pledges $200 million for researchAnthropic's Claude models have rapidly become among the most widely used AI tools in software development and enterprise work. The company'...
AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
Amitabh Bachchan's co-star left Kashmir as a child, sold kites, and lived in a Mumbai chawl. He survived on Rs 30 a day. Now, he is a famous actor and authorManav Kaul's journey from a displaced childhood in Kashmir to selling kites and swimming competitively in Madhya Pradesh, eventually leadin...
Why AI may not take your job, but could destroy the middle class dream forever
China Inc deploys 'quiet' layoffs as Beijing promotes AI adoptionChinese companies are quietly implementing AI-driven layoffs and reducing graduate hiring to boost productivity, while carefully avoiding g...