Archive for the ‘employment’ category

Jul 3, 2024

Big Tech brings data center with 1,000 jobs to America’s heartland

Posted by in categories: computing, employment

Meta, which owns Facebook and WhatsApp, announced plans for a sprawling $800 million data center in the rural US county.

Jun 27, 2024

Company cuts costs by replacing 60-strong writing team with AI

Posted by in categories: employment, robotics/AI

They were gradually replaced by AI.

A hot potato: CEOs, bosses, and the those who make the technology love to assure people that artificial intelligence isn’t going to replace everyone’s jobs; it will merely augment them – working alongside humans to make life easier. Yet we keep hearing stories like the one about a writer whose employer fired his 60-person team and replaced them with an AI.

A writer using the pseudonym Benjamin Miller told the BBC that his company wanted to use AI to cut costs in early 2023. He led a team of more than 60 writers and editors who published blog posts and articles to promote a tech company that packages and resells data.

Continue reading “Company cuts costs by replacing 60-strong writing team with AI” »

Jun 20, 2024

More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says

Posted by in categories: employment, finance, robotics/AI

A new Citi report says finance will be “at the forefront” of changes due to artificial intelligence.

Jun 18, 2024

The future of AI looks like THIS (& it can learn infinitely)

Posted by in categories: employment, robotics/AI, singularity, transportation

Liquid neural networks, spiking neural networks, neuromorphic chips. The next generation of AI will be very different.
#ainews #ai #agi #singularity #neuralnetworks #machinelearning.

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Jun 5, 2024

Brain Battles: How Stress Wipes Out Your Cognitive Reserve

Posted by in categories: biotech/medical, education, employment, neuroscience

Mentally stimulating activities and life experiences can improve cognition in memory clinic patients, but stress undermines this beneficial relationship. This is according to a new study from Karolinska Institutet published in Alzheimer’s & Dementia: The Journal of the Alzheimer’s Association.

In the late 1980s, researchers discovered that some individuals who showed no apparent symptoms of dementia during their lifetime had brain changes consistent with an advanced stage of Alzheimer’s disease. Since then it has been postulated that so-called cognitive reserve might account for this differential protective effect in individuals.

Cognitively stimulating and enriching life experiences and behaviors such as higher educational attainment, complex jobs, continued physical and leisure activities, and healthy social interactions help build cognitive reserve. However, high or persistent stress levels are associated with reduced social interactions, impaired ability to engage in leisure and physical activities, and an increased risk of dementia.

May 30, 2024

BYD’s workforce nearly doubles Toyota’s amid China’s booming EV market

Posted by in category: employment

As EV sales surge in China, BYD’s workforce has expanded rapidly, adding nearly 500,000 employees since 2019. BYD’s workforce is now roughly double that of Toyota’s as China’s EV leader expands overseas.

Privately-owned firms, such as BYD and others in the EV industry, are accelerating job growth in China.

According to filings, there were about 30.57 million employees in China at the end of 2023. That’s up 13% from 2019. Private companies accounted for 81% of the growth, or 2.85 million jobs.

May 25, 2024

Top China VC Kai-Fu Lee says his prediction that AI will displace 50% of jobs by 2027 is ‘uncannily accurate’

Posted by in categories: employment, robotics/AI

“These are things that are superhuman, and we think this will be in every industry, will probably replace 50% of human jobs, create a huge amount of wealth for mankind and wipe out poverty,”…jobs.html” rel=“noopener” class=””>Lee told CNBC at the time, later forecasting that it would happen in the next 10 years.

Fast forward seven years to the Fortune Innovation forum in Hong Kong this past March, when he sat down with Fortune editor-in-chief Alyson Shontell.

Continue reading “Top China VC Kai-Fu Lee says his prediction that AI will displace 50% of jobs by 2027 is ‘uncannily accurate’” »

May 25, 2024

Elon Musk says AI will eliminate all jobs, calls it his ‘biggest fear’

Posted by in categories: Elon Musk, employment, robotics/AI

Elon Musk, the billionaire CEO of Tesla, has said that artificial intelligence (AI) will eventually eliminate all jobs. However, he affirmed that this is not necessarily an adverse development.

Speaking at a startup and tech event in Paris on Thursday (May 23) via video link, Musk said, “Probably none of us will have a job”, while predicting a future where jobs would be “optional”

“If you want to do a job that’s kinda like a hobby, you can do a job,” Musk told VivaTech 2024. “But otherwise, AI and the robots will provide any goods and services that you want.”

May 24, 2024

NASA partner unveils the “iPhone” of robots

Posted by in categories: employment, mobile phones, robotics/AI, transportation

Apptronik, a NASA-backed robotics company, has unveiled Apollo, a humanoid robot that could revolutionize the workforce — because there’s virtually no limit to the number of jobs it can do.

“The focus for Apptronik is to build one robot that can do thousands of different things,” Jeff Cardenas, the company’s co-founder and CEO, told Freethink. “The best way to think of it is kind of like the iPhone of robots.”

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May 23, 2024

Truecaller partners with Microsoft to let its AI respond to calls in your own voice

Posted by in categories: employment, robotics/AI

AI has already started replacing voice agents’ jobs. Now, companies are exploring ways to replace the existing computer-generated voice models with synthetic versions of human voices. Truecaller, the widely known caller ID service, is the latest to take this approach with its announcement that it will now allow customers to use its AI-powered Assistant to answer phone calls in their own voice.

The new experience comes via a partnership with Microsoft that allows the Swedish company to use the Redmond giant’s Personal Voice technology, introduced in November as part of Azure AI Speech.

By using Microsoft’s Personal Voice, Truecaller’s Assistant, available to paid users, will be able to replicate users’ voices in order to greet and respond to callers. This is in addition to the preset system-generated voice options available to users through the digital assistance feature that helps answer phone calls for you, screen unknown calls, take messages, respond on your behalf or even record the call.

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