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Wall Street is getting nervous about Tesla
  + stars: | 2024-04-02 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're looking at why Wall Street is getting nervous about Tesla . South China Morning PostEarnings season is approaching, and Wall Street's already ringing the alarm on a high-profile company. AdvertisementTesla won't report its full earnings until later this month, but Wall Street is preparing for trouble. One analyst called it a "nightmare" quarter for the company, while another firm labeled Tesla "a growth company with no growth." One strategy is getting more Tesla drivers subscribed to its Full Self-Driving software, which can run $199 monthly.
Persons: , Wall, Insider's Beatrice Nolan, Tesla, It's, that's, Elon Musk, ANDERSEN, Alyssa Powell, Donald Trump's, Ken Griffin's, Claire Merchlinsky, MoviePass, Ted Farnsworth, Manoj Bhargava, Putin, Elvira Nabiullina's, Forbes, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Tesla, China, Bloomberg, Nvidia, Meta, Microsoft, Apple, Getty, BI Trump Media, SEC, Citadel, BI, Street Journal, Authentic Brands, Energy, Bank of Russia, The Locations: China, Russia's, Connecticut , Delaware , New York, Rhode Island, Wisconsin, New York, London
Read previewThe vast majority of companies that took part in a massive UK trial of a four-day working week are still on the reduced schedule more than a year later, researchers said Wednesday. The report comes as a follow-up to results published from the largest-ever trial of a four-day working week completed so far. The trial involved about 2,900 workers, and took place from June to December 2022, with companies maintaining existing levels of pay. How the reduced working time was put in place varied from company to company, the study said. Ahead of the trial, companies committed to a two-month preparation period that included workshops and mentoring, as well as support from companies that had already made the move, the study said.
Persons: , Beatrice Nolan Organizations: Service, Business, Workers, UK's University of Cambridge, University of Salford, Autonomy Locations: New Zealand
The biggest debate in tech
  + stars: | 2023-11-02 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the tech industry's debate over whether AI poses a real threat to humanity. The big storyBig Tech's big lieAP Photo/Julia Nikhinson; Arantza Pena Popo/InsiderWant to get someone in tech riled up? The private event, which had an exclusive guest list, has been criticized for favoring Big Tech executives over actual AI experts. "When big tech companies, big startups, and powerful VCs start calling for regulation of their hottest new technology, something is very wrong," Alistair Barr, Insider's global tech editor, told me.
Persons: , Heidi Klum's, Klum, Julia Nikhinson, Arantza Pena Popo, Andrew Ng, Ng, Big, BlackRock's Larry Fink, Spencer Platt, Elon Musk, Alistair Barr, It's, Alistair, Insider's Beatrice Nolan, Sam Bankman, Aaron Schwartz, Stanley Druckenmiller, Druckenmiller, Tyler Le, SBF, Wendy Lee, Alba Santaliestra, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Fed, Tech, Google, Australian Financial, Big Tech, Getty Images Tech, Wired, Xinhua, Getty, Market, Apple, YouTubers, YouTube, Mexico City Locations: Israel, Muertos, Mexico, New York City, San Diego, London, New York
Here are 10 ways AI tools such as ChatGPT have entered the workplace — and what may come out of it. Nick Patrick, the owner of the music-production company Primal Sounds Productions, told Insider he used ChatGPT to fine-tune legal contracts for clients. "You really got to find time to, like, learn this skill," Nigam previously told Insider. Companies are using AI to write their performance reviewsManagers may find writing performance reviews for their employees a tough task. He told Insider: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."
Persons: OpenAI, Nick Patrick, Shannon Ahern, hadn't, Jensen Huang, Huang, Akash Nigam, Nigam, Neil Taylor, ChatGPT, Taylor, Insider's Beatrice Nolan, Nolan, would've, Jasmine Cheng, Cheng, WorkLife, Carl Benedikt Frey, Michael Chu, iHeartMedia, Goldman Sachs, Goldman, Suumit Shah, chatbot, Anu Madgavkar, Richard Baldwin, Fran Drescher, Jezebel — Organizations: Morning, IBM, Workers, Primal Sounds Productions, Google, Twitter, Companies, Employers, Nvidia, ChatGPT, Sky News, Hulu, Spotify, Mobile, Oracle, Columbia Business School, McKinsey Global Institute, Apple, JPMorgan, Northrop Grumman, AIs, Writers Guild of America, SAG, Journalists, GMG Union of, Media Locations: Taipei, Taiwan, Oxford
Many job seekers have started using ChatGPT and similar AI tools to write résumés and cover letters. 39% of surveyed HR professionals said using AI in applications is a dealbreaker. Some recruiters said that using AI to write applications could be a "marketable skill." Plovie added that it's hard to say if companies will seek job candidates who have "expertise and experience" with AI tools. Are you an employer who doesn't want job candidates using AI tools to help with their résumés or cover letters?
Users have taken to social media to call for account cancellations amid the $8 charge to add extra members. On Tuesday, Netflix announced that it would no longer allow American users to share an account between households. The policy shift is a far cry from 2017, when Netflix posted a tweet in support of subscribers sharing their passwords with others, writing "Love is sharing a password." Impacted users are sharing the message that appears onscreen when an account is accessed from outside of the membership holder's home. "Like no, you're not charging me to tell me who I'm allowed to share my password with fuck Netflix."
Two-thirds of staffers prefer RTO for a four-day work week than work hybrid for five days, per a survey. One-third of employers would be more likely to consider a four-day work week if staff RTO every day. The UK trialed a four-day work week from June to December last year with 3,300 workers at 70 firms. And employers seem to agree — about one-third would be more likely to consider offering a four-day workweek if employees came to the office daily. On top of that, just under 90% of survey respondents said a four-day workweek could improve employee mental health and well-being.
I tested it out by asking it to write me a cover letter for a job. Can the new Bing write a cover letter? "I'm sorry, but I cannot write a cover letter for you. In comparison, ChatGPT generated a 270-word cover letter based on the job description. ChatGPT's cover letter started with a boilerplate introduction, stating the person writing the letter (me) wants to express "strong interest" in the open role.
Trump wants to end an exclusivity deal with Truth Social and get back on Twitter, Rolling Stone reported. Truth Social CEO Devin Nunes denied an earlier report that Trump wants to make the switch. While Trump has just shy of 5 million followers on Truth Social, he has almost 88 million followers on Twitter. Nonetheless, according to Rolling Stone, a person close to the president said there is "no way" Nunes' statement is true. Among the ideas being floated is for a WWE-style campaign video post, or one comparing himself to Superman, according to Rolling Stone.
The recruitment team at a consultancy shortlisted an application written by ChatGPT, per Sky News. He told Sky News the ChatGPT-written application was "more competent" than a lot of candidates. Neil Taylor, the founder of a communications consultancy firm called Schwa, tested his recruitment team and hiring software to see if they could spot an application written by ChatGPT. "It was more competent than a lot of the bad people who apply to us," he told Sky News. "When I told the assessor that she had shortlisted ChatGPT, she was slightly crestfallen," he told Sky News.
A Princeton student built an app that aims to tell if essays were written by AIs like ChatGPT. The app analyzes text to see how randomly it is written, allowing it to detect if it was written by AI. The website hosting the app, built by Edward Tian, crashed due to high traffic. "Are high school teachers going to want students using ChatGPT to write their history essays? Tian added that he's planning to publish a paper with accuracy stats using student journalism articles as data, alongside Princeton's Natural Language Processing group.
The Twitter account tracking Elon Musk's private jet was suspended from the platform on Wednesday. The account @elonjet has been suspended today with a message on its profile saying: "Twitter suspends accounts that violate the Twitter Rules." The billionaire CEO tweeted in November that he wouldn't remove the account for "free speech" reasons saying: "My commitment to free speech extends even to not banning the account following my plane, even though that is a direct personal safety risk." Elon originally offered Sweeney $5,000 to take down the tracking account saying it's a "security risk" and he doesn't "love the idea of being shot by a nutcase." Musk has claimed to be a "free speech absolutist," and recently published his Twitter Files which aims to expose free speech suppression on the platform prior to his takeover.
A former Twitter employee urged those still left at the company to "disobey" Elon Musk. The fired employee said Twitter workers had a "moral duty" to keep the site's new owner in check. Since Musk took over Twitter a few weeks ago, thousands of workers have reportedly been fired. "Tweeps that are still employed, at this time: If your personal situation allows for it, it is your moral duty to disobey. According to Platformer's Casey Newton, Twitter fired roughly 20 employees overnight who had publicly and privately challenged and pushed back against Musk since he took over the company in late October.
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