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☆ JP Morgan's Mary Callahan Erdoes says 'curiosity' will be the most important human trait in the age of AI
▼ + stars: | 2024-05-09 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

JPMorgan's CEO of Asset & Wealth Management, Mary Callahan Erdoes, spoke with BI about AI. "It has to be okay to ask the questions," Erdoes said. AdvertisementOne of JPMorgan's top execs believes a single human trait will define the winners of the AI age. "Curiosity," Mary Callahan Erdoes, the CEO of JPMorgan Chase's Asset and Wealth Management division, told Business Insider in an interview. This story is available exclusively to Business Insider subscribers.

Persons: Mary Callahan Erdoes, Erdoes, —, execs Organizations: Asset, Wealth Management, Service, JPMorgan Chase's, Harvard's, Design Institute, Harvard Business School, JPMorgan, Business

☆ OpenAI's Sora is inspiring human creators, who say they are optimistic it is a long way from replacing them
▼ + stars: | 2024-05-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

In February, OpenAI introduced a text-to-video model called Sora to "understand and simulate the physical world in motion." Sora was touted for generating videos up to a minute long from text, and its proof-of-concept videos stunned the internet with their image quality. AdvertisementThe tool hasn't officially been released to the public, but workers in creative fields have already begun experimenting with it. AdvertisementOthers say Sora isn't always consistent, which can bring about new creative opportunities. Indie artist Washed Out's new music video, "The Hardest Part," is the longest video made with Sora, according to the Los Angeles Times.

Persons: —, OpenAI, Sora, Tyler Perry, Charlotte Bunyan, Bunyan, Sora isn't, Paul Trillo, AlhsVTO78B — Paul Trillo, Trillo Organizations: Service, Business, Hollywood, Brand, Financial Times, Financial, Los Angeles Times, Times Locations: Hollywood, Sora, Pika

☆ I use my psychic powers to help corporations make money. My best ideas have earned me more than $500,000.
▼ + stars: | 2024-05-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

So I did it and it worked, and I made an awful lot of money for people. My advice was so profitable that these clients started recommending me to their friends in other businesses and industries. By and large, the businesses I worked with are not good forces in the world — they're capitalist extractive machines. AdvertisementMy spiritual clients pay me a flat monthly fee ranging from a minimum of £4,000 to a maximum of £20,000. I charge a minimum retainer fee of £2,000 per month, but my real income comes through a success fee.

Persons: Kate Tomas, I've Organizations: Service, Business, Oxford Locations: Wales, London, Hollywood

☆ Here's the 'true solution' to the problem of audio deepfakes, according to the CEO of ElevenLabs
▼ + stars: | 2024-05-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

AI voice tech company ElevenLabs is grappling with deepfakes. AdvertisementCompanies at the forefront of AI voice technology are grappling with how to regulate deepfakes without stifling innovation. And last year 4chan users exploited the tool from ElevenLabs to generate deepfakes of celebrities spewing racist and transphobic content, according to Vice . AdvertisementNew York Mayor Eric Adams has been making robocalls in Mandarin, Yiddish, and Haitian Creole with ElevenLabs technology and said he's been able to reach more of the city's non-English speaking residents. ElevenLabs has signed an accord with several other AI companies, including OpenAI, Anthropic, Google, and Meta to combat deepfakes in the 2024 election.

Persons: —, Mati Staniszewski, scammers, Bruce Reed, ElevenLabs, Eric Adams, he's, Staniszweski, Staniszewski Organizations: Service, Google, Business Locations: Haitian

☆ Sam Altman wants to make AI like a 'super-competent colleague that knows absolutely everything' about your life
▼ + stars: | 2024-05-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman described the ultimate AI app to the MIT Technology Review. Altman's vision is that AI will take on real-world tasks — not just function as a chatbot. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Related storiesThe bottom line is that Altman wants AI to function as more than just a chatbot. Altman didn't specify when this tool will be available and how advanced AI must be to support it.

Persons: Sam Altman, —, Sam Altman's, Altman, They'll, ChatGPT, OpenAI Organizations: MIT Technology, Service, OpenAI Locations: ChatGPT, Cambridge , Massachusetts

☆ Biden used ChatGPT for the first time. Here's how that went.
▼ + stars: | 2024-05-02 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

President Joe Biden asked ChatGPT to explain a legal case, write a Supreme Court briefing, and a song. "Wow, I can't believe it could do that," he said after his first ChatGPT run, according to Wired. The experience also pushed Biden to sign an executive order on AI safety. AdvertisementAfter over three decades in the Senate, eight years as vice president, and three presidential campaigns, you'd think nothing would surprise President Joe Biden. This story is available exclusively to Business Insider subscribers.

Persons: Joe Biden, ChatGPT, Biden, —, you'd, Arati Prabhakar Organizations: Wired, Service, White, Office of Science, Technology, Business

☆ I'm using my synesthesia to create a new genre of AI art. The technology can 'read' my paintings and help me compose music.
▼ + stars: | 2024-04-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

I listen to Indian classical music, Gregorian chants, and some obscure composers such as Gyorgy Ligeti, Leo Ornstein, and Terry Riley. Instead, she suggested I create a visual alphabet that matched the musical chords I heard in my mind to colors. I met with musicians and AI experts to create a visual alphabetI started by looking for musicians to collaborate with and met Anthony Cardella, a young, incredibly gifted pianist in Los Angeles. When I heard that music played back to me, it brought tears to my eyes. The audience could look at the paintings while Anthony played, which was a profound experience.

Persons: Shane Guffogg, Gyorgy Ligeti, Leo Ornstein, Terry Riley, I've, Radhika Dirks, —, Anthony Cardella, He's, Anthony, I'd, He'd, he'd, Jonah Lynch, Jonah, Ligeti, Ornstein —, It's Organizations: Service, USC, Forest Lawn Museum, Venice Biennale Locations: American, Venice, Los Angeles, California

☆ A longevity researcher is facing backlash for claiming to 'reverse aging.' Scientists say there's no consensus on what it means.
▼ + stars: | 2024-04-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Read previewHarvard researcher Dr. David Sinclair has found himself at the center of controversy within the longevity community. He's also earned his share of critics who say his research isn't always backed up by sufficient evidence. Animal Biosciences reissued a press release walking back the "reverse aging" claim. But scientists in the field say the issue is even more fundamental: There's no way to reverse aging, much less measure it. That means debates about the semantics of aging will only become more relevant to our daily lives.

Persons: —, David Sinclair, Sinclair, He's, Dr, Nir Barzilai, Matt Kaeberlein —, Matt Kaeberlein, Barzilai, it's, it'll, Andrea Maier, Jeff Bezos, Peter Thiel Organizations: Service, Business, Street Journal, Animal Biosciences, Newsweek, The Academy for Health, Academy for Health, Academy, National Institute, Aging, MIT Technology, National University of Singapore, Longevity

☆ A centuries-old Japanese ceramics maker has found itself at the center of the AI revolution
▼ + stars: | 2024-04-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Ceramics maker Maruwa is helping cool data centers amid the AI boom. Maruwa's 200-year history in ceramics contributes to its competitive edge. AdvertisementThe AI boom is driving a surge in data center construction that's sucking up tons of energy. By 2030, data centers are expected to consume 35 gigawatts of power annually, up from 17 gigawatts in 2022, according to McKinsey & Company. Related storiesThis is welcome news to perhaps no one more than a centuries-old Japanese ceramics maker that got its start making dinnerware.

Persons: —, Goldman Sachs, Mitsuhiro Icho Organizations: Maruwa, Service, McKinsey & Company, CNET, McKinsey, Financial Times

☆ Google hits a new milestone: $2 trillion
▼ + stars: | 2024-04-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Alphabet, Google's parent company, achieved a $2 trillion market cap milestone. This company briefly hit the threshold previously but never sustained a full day of trading. Despite its recent success Alphabet hasn't had an easy path to the $2 trillion mark. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle's parent company, Alphabet, hit a new milestone on Friday: a $2 trillion market cap.

Persons: — Organizations: Service, Google, Nvidia, Apple, Microsoft, Bloomberg, Business

☆ As most AI execs scramble for more data, Mark Zuckerberg says there's actually something more 'valuable'
▼ + stars: | 2024-04-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Meta CEO Mark Zuckerberg weighed in on the AI data race in a new interview. But Zuckerberg says 'feedback loops' will be more important for training AI models than data. AdvertisementMeta CEO Mark Zuckerberg has a hot take on Big Tech's race for AI training data: It's not about the data. Feedback loops are used to retrain and improve AI models over time based on their previous outputs. These algorithms let AI models know when they make an error, for example, and provide them with data to adjust their future performance.

Persons: Mark Zuckerberg, Zuckerberg, — Organizations: Service, Command, Business

☆ Former OpenAI leader has an easy trick for surviving AI in the workplace
▼ + stars: | 2024-04-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

The AI revolution has sparked fears that machines will replace human workers. But former OpenAI leader Zack Kass told BI that human qualities will become even more essential. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWorkers are worried about competing with machines for jobs as the AI revolution takes off. But in a world where AI can code, write, and analyze data proficiently, what makes us "human" matters maybe more than ever, Zack Kass, a former leader at OpenAI, told Business Insider.

Persons: Zack Kass, — Organizations: Service, Business

☆ Meta's 'Imagine' AI image generator morphs and changes as you type
▼ + stars: | 2024-04-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Meta introduced Imagine, a new AI image generation feature. Meta announced a new image generation feature called Imagine this week that allows users to create images in real time. The company is rolling out the feature in beta to users on WhatsApp and the Meta AI website. To use it, users simply type the prompt "Imagine" followed by a description of the image they're trying to generate. This story is available exclusively to Business Insider subscribers.

Persons: Meta, — Organizations: Service, Meta, Business

☆ I was a consultant at McKinsey. Here's the frustrating way they pushed me out.
▼ + stars: | 2024-04-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

AdvertisementThis is an as-told-to conversation with Ezra Gershanok, a former Business Analyst at McKinsey & Company and the cofounder of sublet startup Ohana. I was hired straight out of college as a Business Analyst, an entry-level consultant role at the firm. Related storiesFor me, the pace of the work started to slow down in the second half of 2021 and into 2022. Several jobs at the firm started to be seen as redundant. So, it's possible to get positive feedback from the clients you're working with and your direct manager, even when the higher-ups are trying to push you out.

Persons: Ezra Gershanok, Gershanok, Zillow, —, McKinsey doesn't, I'd, Ohana, We've, Spencer Rascoff, Surabhi Gupta, they're, Lakshmi Organizations: McKinsey & Company, Post, McKinsey, Service, Apple, Engineering Locations: Seattle, sublease, NYC, Lakshmi Varanasi, lvaranasi@businessinsider.com

☆ Boeing helped develop Israel's Arrow 3 missile defense system, which 'proved itself' during Iran's retaliatory attack
▼ + stars: | 2024-04-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Israel's Arrow 3 system helped intercept drones and missiles during Iran's retaliatory attack. Boeing helped develop the Arrow 3 system, which was funded largely by the US. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIsrael intercepted the majority of the airborne drones and missiles Iran fired in its retaliatory attack on Saturday thanks to an advanced air defense system that Boeing helped develop. Israel's Arrow 3 system — first deployed in 2017 — is the top level of its air defense network and is designed to intercept targets in space.

Persons: Arrow, — Organizations: Boeing, Service, Israel, Iran, Israel Aerospace Industries, The New York Times, Business Locations: United States

☆ The US is betting big on AI chips, but there's a giant flaw in the plan
▼ + stars: | 2024-04-13 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

The Biden administration is subsidizing the semiconductor industry to boost US chip production. But the US doesn't have enough workers in the AI chip manufacturing sector. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The semiconductor industry is responsible for building AI chips, but over the past two decades, the number of workers in American semiconductor manufacturing has dropped sharply, according to The Wall Street Journal. That decline in workers corresponded with a decline in the US share of the global chip-making market.

Persons: Biden, — Organizations: Universities, Service, Wall Street, Business Locations: United States, Taiwan, China, South

☆ Airbnb now wants you to rent out your rental
▼ + stars: | 2024-04-13 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Airbnb plans to help renters list their homes to earn additional income. The company says it could help mitigate the impact of skyrocketing rental rates. AdvertisementAirbnb is on a mission to help renters earn a little extra income — and probably keep a little for itself, too. The company announced plans on Friday to help renters list their rental homes on its platform. Airbnb plans to work with city and state governments to "advocate for short-term rental rules that allow renters to share their home."

Persons: —, Airbnb Organizations: Service, Business Locations: United States

☆ A 91-year-old former hedge fund manager says weighing probabilities can prolong your life. Here's how he does it.
▼ + stars: | 2024-04-11 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Edward Thorp, a 91-year-old former hedge fund manager, has some tips for a long life. "Minimize the chance of really bad outcomes of one sort or another," Thorp told Bloomberg. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTake it from a 91-year-old mathematician: Living a long, healthy life is like a game of probability. You want to "minimize the chance of really bad outcomes of one sort or another," Edward Thorp, a mathematics professor, hedge fund manager, and blackjack player, told Bloomberg.

Persons: Edward Thorp, Thorp, — Organizations: Bloomberg, Service, Business

☆ The antiaging multimillionaire chasing immortality has shared photos of his wild facial transformation
▼ + stars: | 2024-04-10 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Bryan Johnson shared his facial transformation pictures online — sparking a strong reaction. Most of those reacting on X said Johnson looked his best before he began his antiaging regimen. X users reacted quickly with their thoughts — which weren't exactly supportive. I'm transitioning... pic.twitter.com/6AU5mtU5j6 — Zero /dd (@bryan_johnson) April 9, 2024One X user wrote, "tries to stop aging…. He then asked X users to vote on when he "peaked."

Persons: Bryan Johnson, X, Johnson, — Organizations: Service, Braintree

☆ Jim and Pam Knew How to Survive a Soul-Crushing Office
▼ + stars: | 2024-04-08 | by ( Alexandra Molotkow | ) www.businessinsider.com time to read: +20 min

Office crushes, in all their mercurial glory and pain, continue to shape our working lives in deeply meaningful ways. But through all these changing norms, workplace crushes remain remarkably common. Jim, after all, doesn't even ask Pam on a date until the season-three finale of "The Office." That most workplace crushes never lead to consummated relationships doesn't make them any less powerful. An admitted serial crusher, she still gets work crushes — last year she counted "a solid eight."

Persons: Derek, Brendan, Michael Rosenfeld, Manny, Sean Horan, we're, she'd, Karis, Stefan, Darcy, —, Helen Fisher, Lakshmi Rengarajan, Rengarajan, smolder, Jim, Pam, I've, it's, I'd, Slack, Mikel Jaso, didn't, couldn't, weirdly, they'd, Johnny C, Taylor Jr, MeToo, Ayear, Tiana Reid, texted Derek, Alexandra Molotkow Organizations: Society for Human Resource Management, Stanford, Fairfield University, Match.com, BI Karis, Society for Human, York University Locations: New York City, Singapore, Brendan's, New York, Chicago, Toronto

☆ Business schools are now encouraging students to use AI as they race to prepare them for a new job market
▼ + stars: | 2024-04-07 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Business schools are now integrating AI into their curriculums to keep graduates competitive. AdvertisementBusiness schools are going all in on AI to keep their graduates competitive in the job market. And at some schools, professors are even building their own specialized AI chatbots to teach students soft skills. In the fall, American University's Kogod School of Business plans to "infuse AI into every part of our curriculum," its dean, David Marchick, said in a video on the school's website. This story is available exclusively to Business Insider subscribers.

Persons: —, David Marchick, Kogod Organizations: Service, Kogod School of Business, Wall Street, Business Locations: Columbia

The "Big Four" accounting firms employ about 1.3 million people worldwide. Business Insider analyzed data to determine how much accountants and consultants are paid at these firms. AdvertisementThe so called "Big Four" accounting firms — Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young (EY) — are known for paying their staff high salaries. Business Insider analyzed the US Office of Foreign Labor Certification's 2023 disclosure data for permanent and temporary foreign workers to find out what PwC, KPMG, EY, and Deloitte paid US-based employees for jobs ranging from entry-level to executive roles. AdvertisementHere's how much Deloitte, PwC, KPMG, and EY paid their hires.

Persons: —, Ernst, Young, EY Organizations: Service, Deloitte, PricewaterhouseCoopers, KPMG, Business, of Foreign Labor, EY, PwC

☆ Workers say employers should pay for their commute if they want them back in the office
▼ + stars: | 2024-04-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

8 out of 10 workers in a new survey said a free commute would persuade them to return to the office. The average commute cost has surged drastically since the pandemic. Ringover surveyed remote workers (or those who were remote until recently) about what it would take for them to be down to return to the office. And while commute times in several cities have shortened since the pandemic, the average one-way office commute is still about 27 minutes, according to The New York Times. That's about an hour spent going back and forth between work every day, and many remote workers now see that as time that could be put to better use in their personal lives.

Persons: —, That's, There's Organizations: Workers, Service, The New York Times Locations: Bankrate, West Virginia, North Dakota

Keep reading to learn everything about the new season, from details on the hosting shake-up to where to watch a "Top Chef" live stream. Where to watch Top Chef in the US"Top Chef" airs Wednesday nights at 9 p.m. Shop at Peacock TVIf you're hoping to tune in to "Top Chef" live on Wednesday nights and don't have cable, you'll want to try a live TV streaming package that includes Bravo, like Sling TV or Hulu + Live TV. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Kish won "Top Chef" Season 10 and has since developed quite a substantial online following.

Persons: Lakshmi, Kristen Kish, Gail Simmons, Tom Colicchio, James Beard, Clea DuVall, Matty Matheson, Art Smith, Brittany Snow, we've, Peacock, Hulu's, there's, VPNs, ExpressVPN, Padma Lakshmi, she'd, Kish, Arlo Grey Organizations: Business, Bravo, Michelin, Hulu, Disney, ESPN, Disney Plus, Instagram, Variety Locations: Kish, Wisconsin, Canada, Australia, New Zealand, Singapore, Boston, Menton, Austin , Texas

☆ McKinsey amps up pressure on staff to perform as the consulting business slows
▼ + stars: | 2024-03-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

McKinsey sent memos to some staff that the clock is ticking for a promotion, Bloomberg reported. The consulting business is rough right now as business dries up. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Consulting firm Deloitte embarked on a massive overhaul of its global operations to cut costs. "We have always maintained a high bar for performance and for attracting and developing exceptional people," a spokesperson for McKinsey told Business Insider by email.

Persons: — Organizations: McKinsey, Bloomberg, Service, Management, McKinsey & Co, Accenture, Deloitte Locations: North America

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