The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity ...
With OpenAI's recent release of its AI browser, the historic level of capital expenditures being made in the current AI arms race may accelerate even further, if that is possible. From the reciprocal, ...
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MIT says AI could replace 12% of US jobs today
Artificial intelligence is no longer a distant threat to the labor market; it is already capable of taking over a significant slice of work that people in the United States do today. A new analysis ...
Artificial intelligence has been reshaping workplaces for years, but new research from MIT suggests the technology may now be far more economically competitive with human labor than previously ...
The stock market trades at a high multiple. Investors have been buying artificial intelligence stocks hand over fist. Arguments can be made for and against the market being in an AI bubble. If you've ...
The artificial intelligence sector is in a bubble that will eventually burst, said Lauren Taylor Wolfe, Impactive Capital managing partner, comparing the current AI investment frenzy to the dot-com ...
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