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JOB DISPLACEMENT DUE TO AI
Nobel laureates among more than 200 experts urging action on AI's economic impactThey issued the jointly signed statement on Monday, warning that AI could drive a larger economic transformation than the Industrial Revo...- Hundreds of economists say 'we must act now' on AI's economic impact and job displacement risksTop economists and scientists have issued an open letter urging immediate action. They warn artificial intelligence could transform economi...
- He learned one lesson at his family's Michigan business. Now it's a $1 billion AI startupApurva Shrivastava, an Indian-origin entrepreneur who studied in MIT, founded Avoca after observing missed customer calls. This AI startup ...
- Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secretsApple has accused OpenAI of stealing its trade secrets for new hardware. Two former Apple employees now working for OpenAI are named defend...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
- Rinki Singh and Bhartendu Shandilya position Digizene for next phase after pre-seed roundDigizene announced its Pre-Seed funding round with investment from Arun Kar. Kar also joined the company as a co-founder, bringing global e...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
- Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brewStarbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems...
- Are data centres uncool? Questions over AI's ecological trade-off are growing louder but solutions may be emergingAI's environmental strain from data centers and resource exploitation is causing growing public concern. Communities face water shortages a...
- TCS CEO K Krithivasan says AI will not reduce white-collar jobsKrithivasan's comments followed the announcement of TCS' Q1 earnings. In the first quarter of FY27, India’s largest software services firm ...
- 120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
- Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutesDuring its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising in...
- TCS shares dip 2% ahead of Q1 earnings today. What can shareholders expect?Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit ...
- 35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
- Top AI jobs paying up to ₹80 LPA in India; here’s a 6-month plan to land one
- 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...
- 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...
- 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...
- 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 ...
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