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Surveys from business leaders show that they are now doing mass layoffs due to adoption of AI.


A recent survey of 750 business leaders reveals a growing trend: AI replacing jobs. In 2023, 37% of these leaders acknowledged AI-induced layoffs, with 44% expecting more in 2024. Major companies like Paytm and Google are at the forefront, integrating AI to enhance efficiency but at the cost of human jobs. Paytm’s recent layoffs post AI implementation and Google’s potential restructuring of its ad sales unit due to AI advancements highlight this shift.\
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#ai #job #layoffs \
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“These kinds of autonomous robotic fleets have a great deal of potential to undertake a wide range of dangerous, dirty, dull, distant, and dear jobs,” say researchers.


Scientists from multiple universities have created Symbiotic Multi-Robot Fleet (SMuRF), a system that allows diverse robots to collaborate, performing challenging tasks unsafe for humans at nuclear sites.

As a leading venture capitalist, Ted Dintersmith lived and breathed the world of innovation. He has seen first-hand how quickly automation is eliminating the structured jobs in our economy, as well as the opportunities for young adults who are bold, creative, and entrepreneurial. As Ted shifted his focus to the future of our schools, he realized that the core purpose of our schools has been lost in a wave of testing, data, and accountability. In this talk, Ted underscores the potential for our kids and our country if we educate to our innovative and creative strengths, and trust our schools and teachers to prepare our kids for life, instead of for standardized tests.

After a twenty-five year career in venture capital, Ted Dintersmith is now focused on issues at the intersection of innovation and education. In the fall of 2012, Ted served as part of the delegation representing the United States at the United Nations General Assembly, where he focused on global education and entrepreneurship. The first two films he executive produced – Most Likely To Succeed and The Hunting Ground – premiered at Sundance, 2015. His website http://www.edu21c.com describes his initiatives and he can be followed @dintersmith.

Ted is a Partner Emeritus with Charles River Ventures, a leading early-stage venture capital firm. Independent industry analysts ranked Ted as the top-performing venture capitalist in the United States for the 1995–99 period. Ted earned a Ph.D. in Engineering from Stanford University, and his undergraduate degree from the College of William and Mary, where he earned High Honors in Physics and English.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community.

CHARLESTON, W.Va. (AP) — An entire county school system in coal-producing West Virginia is going solar, representing what a developer and U.S. Sen. Joe Manchin’s office touted on Wednesday as the biggest-ever single demonstration of sun-powered renewable electricity in Appalachian public schools.

The agreement between Wayne County Schools and West Virginian solar installer and developer Solar Holler builds on historic investments in coal communities made possible by the Inflation Reduction Act, which Democratic Sen. Manchin had a major role in shaping as chairman of the Senate Energy and Natural Resources Committee.

Manchin, who announced this month that he wouldn’t run for reelection in the deep-red state, citing an increasingly polarized political system, was quick Wednesday to tout U.S. President Joe Biden’s 2022 landmark climate, health and tax law, which placed special emphasis on creating new clean energy jobs.

Since the explosive launch of ChatGPT, there has been a prevailing fear among workers that they will be unable to compete against artificial intelligence, leading to mass unemployment.


In fact, the European Central Bank’s research predicted that AI will actually create jobs and that any reports suggesting otherwise “may be greatly exaggerated”

After assessing nine years of data gathered across 16 European countries, the ECB found that low and medium-skill jobs were largely unaffected by booming technology, meanwhile, opportunities for younger and high-skilled workers actually increased rather than vanished.

As the dust still settles on OpenAI’s latest drama, a letter has surfaced from several staff researchers citing concerns about an AI superintelligence model under development that could potentially pose a threat to humanity, according to those close to the source. The previously undisclosed letter is understood to be the real reason behind why Sam Altman was fired from the company.

The model, known internally as Project Q*, could represent a major breakthrough in the company’s pursuit of artificial general intelligence (AGI) – a highly autonomous branch of AI superintelligence capable of cumulative learning and outperforming humans in most tasks. And you were worried about ChatGPT taking all our jobs?

With Sam Altman now firmly back at the company and a new OpenAI board in place, here are all of the details of Project Q*, as well as the potential implications of AGI in the bigger picture.

AI can be used to make our lives easier, but it is also a frightening tool that could see many of us out of a job – at least according to some experts.

Australian Academy of Technological Sciences and Engineering (ATSE) CEO Kylie Walker told The Canberra Times AI could replace anywhere between 25 and 46 percent of all Aussie jobs by 2030.

Walker, and a group of 13 other AI experts, called for a $1 billion national artificial intelligence initiative in a new report to push out more than 100,000 digitally skilled workers over the next decade.