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SAN FRANCISCO --Hundreds of economists say in an open letter that institutions “must act now” to address howartificial intelligencecould transform the economy and could put many people out of work. The statement release...
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Filters and Photoshop move over, artificial intelligence (AI) is the new trend for creating online profile pictures. Over the summer a video went viral on TikTok. It was captioned "using this trend to get a new LinkedIn headshot"...
One of the three "godfathers of AI" has said it won't take over the world or permanently destroy jobs. Prof Yann LeCun said some experts' fears of AI posing a threat to humanity were "preposterously ridiculous"....
Fast food chain McDonald's is temporarily closing its US offices this week ahead of an expected announcement on corporate job cuts. The Wall Street Journal, which first reported the move, said McDonald's had told US and some internat...
Artificial intelligence (AI) could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs says. It could replace a quarter of work tasks in the US and Europe but may also mean new jobs and a produc...
Jobs growth in the US is continuing at a solid, though slowing pace, despite rising prices and higher borrowing costs weighing on the economy. Employers added 261,000 jobs in October, while the unemployment rate rose slightly to 3.7%, the...
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More than 33 million Americans have lost their jobs in the past 7 weeks, roughly 1 in 5 of the workforce. It is a devastating turnaround for a country whose jobless rate was at a 50 year low just 8 weeks ago....