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Raghuram Rajan pitches AI tax idea for govt coffers amid ‘jobocalypse’ fearsRaghuram Rajan proposes taxing artificial intelligence usage by corporations. This tax aims to offset the financial advantage machines curr...- AI adoption in finance hits 76%, governance and AI-centric operating models key to future edge: KPMGArtificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning. ...
- Air India's stumble creates a bigger problem than aviation duopolyTata's Air India faces major losses and market share decline. The airline's turnaround is a decade-long endeavor due to legacy issues. Glob...
- India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
- Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitionsTata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intellige...
- 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...
- Ford brings back old hands to fix AI-led quality issuesFord Motor Co. is re-emphasizing human expertise to combat persistent quality issues, bringing in hundreds of veteran engineers to train it...
- “Just mark my words”: Anthropic CEO Dario Amodei's stark warning on AI-driven layoffs, says 'ideology won't survive reality'Anthropic CEO Dario Amodei predicts AI's profound impact on jobs will force political unity on worker support measures. He believes ideolog...
- Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....
- JD.com founder vows to protect Chinese jobs from AI and robotsThe company, which is one of the country’s largest employers by headcount, will “do everything possible to safeguard employment for hundred...
- Meta employee laid off after 10 years shares gut-wrenching post: ‘Yesterday I was training a new engineer, today I lost my job’A Meta employee in Singapore, Gary Tay, shared his gut-wrenching experience on LinkedIn of being laid off after nearly ten years, having tr...
- AI shift forces skills rethink at India tech hubs, Kimberly-Clark executive saysIndia's offshore centers are seeing a major shift in hiring. Companies now prioritize domain and product skills over coding. AI tools are h...
- LinkedIn layoffs: Over 600 employees to lose jobs as company restructures operationsLinkedIn has laid off 606 employees, impacting roles across marketing, engineering, and product. This restructuring, aimed at creating agil...
- AI automation to drive mass white-collar job losses in 12-18 months, says Andrew YangAndrew Yang, a former presidential candidate, predicts significant job losses for white-collar workers. He believes artificial intelligence...
- Jamie Dimon drops big hint on JPMorgan's future hiring in the coming years at Davos, Wall Street stalwart says 'you can’t lay off 2 million...'Wall Street mogul Jamie Dimon spoke about how JPMorgan Chase will hire employees in the near future due to the impact of AI. He said that h...
- Amazon layoffs: Is Amazon replacing humans with robots? Leaked docs reveal company's plan to replace 600,000 workers with robots by 2027Amazon layoffs just took a futuristic turn. Leaked internal documents suggest the company could replace 600,000 U.S. jobs with robots by 20...
- Nearly 100 companies expected to lay off employees in March: ReportsMarch may bring some disheartening news for employees as nearly 100 companies are expected to be hit by layoffs. The WARN notice is a legal...
- Coforge eyeing AI-driven sprint to $2 billion mark: CEO Sudhir SinghThe company, formerly known as NIIT, hit the $1-billion revenue milestone in April and is looking at AI to sprint to the next milestone of ...
- Retraining In The Digital Age: Agam Berry, Quantified CommerceIn a recent and shocking prediction, the World Economic Forum predicts that by 2020, 5 million jobs in fields like manufacturing and custom...
- Artificial intelligence adoption driving revenue growth for businesses: InfosysCompanies in India and China are much more likely to state that they are ahead of industry competitors when it comes to AI use, followed by...
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