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Peter Thiel discussed artificial intelligence on Wednesday's episode of "Conversations with Tyler." Thiel said Silicon Valley is "biased" toward math and a "rebalancing of our society" is overdue. AdvertisementPeter Thiel believes the expansion of artificial intelligence will be "worse" for math aficionados — not wordsmiths. Palantir, a company he cofounded in 2003, provides artificial intelligence models to world militaries like Ukraine and Israel. Business Insider outlined 10 roles that artificial intelligence will most likely replace as the sector grows in March 2024.
Persons: Peter Thiel, Tyler, Thiel, , Tyler Cowen, Mark Muro, Muro Organizations: Service, PayPal, Getty, Brookings Institution Locations: Ukraine, Israel, Silicon Valley
But all the women killed by femicide in Italy have one thing in common: they knew their killers. Italy might have a female prime minister, but she makes a point of not identifying herself as a feminist. The prevalence of domestic violence in Italy is fed by societal failures, says Lorella Zanardo, an activist, educator and documentary filmmaker. While Italy does not have Europe’s highest rate of domestic violence, it is among the lowest ranked in Europe when it comes to gender equality. In Italy, the feminist movement was largely driven by the left, which meant that those who supported right-leaning parties, including current Prime Minister Giorgia Meloni, have distanced themselves from feminism entirely.
Persons: femicide, Antonio Gozzini, Cristina Maioli, Lorella Zanardo, Zanardo’s, Donne, it’s, ” Zanardo, , Muro, Frank Bienewald, Giorgia Meloni, , il, Cristina Carelli, Carelli, hasn’t, hadn’t, , ” Carelli, Giulia Cecchettin's, Claudia Greco, Giulia Cecchettin’s, Filippo Turetta, Turetta, Cecchettin’s, Remo Casilli, Maria Grazia, ” Maria Grazia, Antigone, Eugenia Roccella, Christina Organizations: CNN, Italy’s Union of Women, Milan, Locations: Italy, Europe, Milan, Germany, Rome
The demand for Nvidia's AI chips could bolster job growth across the semiconductor industry. It could also help bring more semiconductor chip manufacturing stateside and reduce the US's reliance on Taiwan — which remains vulnerable to Chinese invasion that would wreak havoc on the global economy. AdvertisementEven without the AI boom, the semiconductor industry was already poised for big job gains in the near future. Of the 115,000 US new semiconductor jobs the Semiconductor Industry Association is projecting by 2030, it said roughly 67,000 of these positions risk going unfilled given current college degree completion rates. In an effort to prevent a worker shortage, community colleges and universities across the country have partnered with semiconductor companies.
Persons: , Pat Gelsinger, It's, who've, TSMC, Syed Alam, Ed Kaste, GlobalFoundries, Mark Muro, Muro, Jensen Huang, hasn't, Dylan Patel, SemiAnalysis, Patel, Accenture's Alam, Alam Organizations: Nvidia, TSMC, Service, Deloitte, Semiconductor Industry Association, Accenture, Meta, Intel, AMD, Brookings Institution, Samsung, Google, IBM, Lam Research, Materials, KLA Corporation Locations: Taiwan, Arizona
The popularity of ChatGPT has already led to lower earnings for some Upwork and Fiverr freelancers. AdvertisementLast year, a record 39% of the US workforce did freelance work , per the freelance platform Upwork. It's not just Upwork freelancers who are earning less. He said he's seen some freelancers' earnings fall from roughly $2,500 to $3,000 per month to around $1,000 today. Some freelancers have found work as AI content editors, which often involves editing, fact-checking, and giving a human touch to clients' AI-generated content.
Persons: ChatGPT, , he's, @xianghui90 @oren_reshef @Zhou_Yu_AI, kbtp8uDUPU, John Burn, Murdoch, Carl Benedikt Frey, Mark Muro, it's, Fiverr, Ben Baker, Baker Organizations: Service, Washington University, New York University, Brookings Institution Locations: St, Louis, Australia, @jburnmurdoch, Oxford
The graphic design platform used the software to build its own AI tools, Canva's head of AI told Insider. Here's what ChatGPT Enterprise has automated — and what it still has to work on. AdvertisementAdvertisementOpenAI, one of the most influential artificial intelligence firms, rolled out ChatGPT Enterprise, a version of ChatGPT designed for businesses, at the end of August. AdvertisementAdvertisementEngineers used ChatGPT Enterprise to review Canva's blocklist and flag artist names that were similar to dictionary words for human review. While the company expects to keep using ChatGPT Enterprise moving forward, it doesn't plan on shrinking Canva's workforce.
Persons: Canva, , ChatGPT, Danny Wu, Estée Lauder, Wu, Mark Muro, Thomas Hexton, Andy Warhol, OpenAI's chatbot, They're, OpenAI Organizations: Enterprise, ChatGPT Enterprise, Service, Software, Brookings Institute, Engineers Locations: Sydney
In fact, as other long-term trends take hold, many of these working-class roles are poised for a job explosion. While manufacturing jobs as a whole are expected to stay flat, spending in this industry has boomed to $200 billion each year, tripling in the past five years. "What characterizes the physical labor jobs that are safe for the next five or 10 years are things that are in an unpredictable physical environment," Kweilin Ellingrud, a McKinsey Global Institute director, told me. Instead of replacing these jobs, AI will likely benefit specific roles by making it easier to do the most routine parts of the job. He added: "There are these jobs that are in a middle ground where the physical work may remain but the supervision might be more exposed."
Persons: plumbers, Philip Levine, there's, Mark Muro, barometers, OpenAI, Ellingrud, Muro, Emil Skandul, Tony Blair Organizations: Ford, US Bureau of Labor Statistics, Brookings Institution, Accenture, Bureau of Labor Statistics, McKinsey, McKinsey Global Institute, Research, Tony Blair Institute Locations: American, America
Opinion | A Hidden Reason Cities Fall Apart
  + stars: | 2023-09-13 | by ( Thomas B. Edsall | ) www.nytimes.com   time to read: +3 min
And this has been a self-perpetuating process in which the fortunate metros have gained the most while many places are left behind. This used to happen all the time in Detroit, Cleveland, St. Louis, the Twin Cities, etc.”These locally based firms. Atkinson continued, “played an important role of helping the various municipalities in a region work more closely together. The only way to grow their banks or electric utilities was to grow the community where they were based. Their job is to sit on local boards and dabble in community relations, but they don’t really call the shots anymore.
Persons: Mark Muro, Muro, Robert D, Atkinson, Louis, , ” Aaron M, Renn, Frank A Organizations: Brookings, , metros, Information Technology, Innovation Foundation, Twin, American, “ Civic, Baltimore News American, Maryland Locations: Detroit , Cleveland, St, Twin Cities, Banks, Dallas
In lieu of payment, I could stay in her ensuite guest room, and even use her car too. Daniella asked. After dropping Daniella off at the airport early the next morning, my adventure as a first-time cat sitter began. I'd top up the dry food that they grazed on during the day and make sure they had fresh water. Phiro, a pale ginger tabby, one of the cats the author took care of.
Persons: Spain, I'd, Daniella, Yoda, Markus Lange, I'm, , Orion, Holger Leue, Jabbo, Lucy Handley Organizations: Getty, Mallorca —, Bank Locations: Mallorca, Binissalem, Switzerland, Arizona, Vietnam, Bali, Las Vegas, Es, de Muro, Port d'Alcudia, Binssalem's, Muro, Pollenca
Indiana now wants to catch up to other places that have landed big chip manufacturing plants. The push is supported by Senator Todd Young, a Republican from Indiana, who was a co-author on the CHIPS Act and has been a leading voice on increasing funds for tech hubs. Companies and universities in Indiana have applied for multiple CHIPS Act grants, with the aim of winning awards not only for chip manufacturing but also for research and development. Those regions succeeded because of their strong academic research universities, big anchor companies, skilled workers and investors. He added that the federal government’s plan to initially put $500 million into tech hubs was too small and estimated it would take $100 billion in government aid to create 10 sustainable tech hubs.
Persons: Todd Young, Biden, , Mark Muro Organizations: Republican, Companies, Biden, Indiana, Indiana Chamber of Commerce, Brookings Institution Locations: Indiana, Silicon Valley, Boston
A new wave of generative AI jobs could follow the same pattern, per a Brookings Institution report. Nearly half of the new US generative AI job postings in May came from one of six metro areas. In May, 25% of new generative AI job postings — which contained terms like "ChatGPT" or "generative AI" — were posted in the Bay Area (San Francisco and San Jose). In the below chart, "early adopters" refers to the 13 aforementioned metros, excluding the Bay Area metros. Brookings' Muro said that he expects many generative AI jobs to be in-person some or all of the time.
Persons: ChatGPT, , Santa Barbara, Mark Muro, Muro, Sam Altman, Brookings Organizations: Brookings Institution, Service, Bay Area, , Google Locations: Wall, Silicon, Lightcast, Bay, San Francisco, San Jose, New York City, Los Angeles, Boston, Seattle, Washington, DC, San Diego, Austin, Raleigh, Boulder, Lincoln, Santa Cruz, Santa Maria, Santa, Santa Fe, Brookings, — San Francisco
Insider asked several experts in AI, economics, and remote work about the multitude of ways Americans' working lives could be impacted by AI moving forward. AI could eliminate some jobs and boost competition for those that remainGenerative AI technologies like ChatGPT will likely create some jobs and replace others. But for companies with leadership that has this concern, AI productivity gains could help them forget about some of their remote work "productivity paranoia" — a factor that in theory, could help remote work persist at some businesses. "So I think the biggest AI impact will be a ton of fully remote jobs like data-entry, payroll etc going to AI." Added Frey: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."
Persons: , there's, Goldman Sachs, Mark Muro, Carl Benedikt Frey, coders, Frey, Oded, Muro, Nick Bloom, Columbia's Netzer, Michael Chui Organizations: Service, Brookings Institution, Columbia Business School, Workers, Microsoft, New York Fed, Companies, Stanford, McKinsey Global Institute Locations: Oxford
More specifically, AI could disproportionately impact the middle class of white-collar workers — the folks who are mid-career, mid-ability, mid-level, and yes, in some cases, mediocre. In other words, the lessons learned from months or years of experience are baked into an AI tool. Microsoft CEO Satya Nadella for example recently told Time that the same could be true for software developers. This doesn't mean the great software developers won't remain great software developers but the ability for more people to enter the field will increase. That's good news for many wannabe software developers, but it's also bad news for many existing software developers.
Persons: , Erik Brynjolfsson, Lindsey R, Raymond, Danielle Li, Satya Nadella, it's, Aki Ito, Carl Benedikt Frey, Uber, Frey, Mark Muro, Jacob Zinkula, Richard Baldwin, Aaron Mok Organizations: Service, Fortune, Microsoft, Oxford Martin School, London, BT Group, Workers, Brookings Institution, Geneva Graduate Institute Locations: London, British, Switzerland
Businesses are expected to use AI to boost productivity and their profits. The adoption of AI could mean higher wages for workers — or that they lose their jobs altogether. In the years ahead, generative AI including ChatGPT could disrupt — not necessarily replace — 300 million full-time jobs across the globe, according to Goldman Sachs. Over the next decade, that AI productivity boost could increase S&P 500 profits by 30% or more, Ben Snider, a senior strategist at Goldman Sachs, told CNBC last week. "AI will make superstar companies more productive and profitable, but those profits might be achieved at the expense of other companies," he said.
Labor experts agree that AI tools can make workers more productive. Insider's Aaron Mok tested 4 AI tools for a week to see if they can boost productivity. AI tools like OpenAI's ChatGPT have taken the world by storm — and workers are using them to make their jobs easier. Many experts agree that AI tools can boost productivity, and people have already used ChatGPT and other AI tools to generate articles, write code, and produce real estate listings in attempts to save time. AI tools will not do your job, but they can make it easier if you spend time learning how to use themAfter playing with these tools for a week, I realized that there's a learning curve.
A number of corporations across tech, media, and finance have made major staff cuts this year. At the same, many companies are pivoting to invest more in AI — some even citing it as a reason for cutting jobs. Here are how some major companies are pivoting — and axing jobs — as part of an AI push. At the same time, the focus on AI could mean some jobs are wiped out entirely. It's hard to ignore that AI tools have already become proficient at several professional tasks that once fell under the domain of humans like writing emails, analyzing data, and even coding.
Such a productivity boost could make a four-day workweek more possible. Calls for implementing a four-day workweek have picked up steam over the past year as pilot programs have described promising results. "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible," Carl Benedikt Frey, an Oxford economist, told Insider. 'The workweek length is up for grabs'Rep. Mark Takano, a Democrat from California, is among those advocating a four-day workweek. "Yes, ChatGPT might make a four-day workweek more feasible in principle," Frey said.
Labor experts agree that AI tools can make workers more productive. Insider's Aaron Mok tested 4 AI tools for a week to see if they can boost productivity. Many experts agree that AI tools can boost productivity, and people have already used ChatGPT and other AI tools to generate articles, write code, and produce real estate listings in attempts to save time. We wanted to put some of these AI productivity tools to the test. AI tools will not do your job, but they can make it easier if you spend time learning how to use themAfter playing with these tools for a week, I realized that there's a learning curve.
While the Biden administration push, described by economists as an industrial policy, has opened opportunities for some companies, significant hurdles remain. Eight out of 12 Republican representatives in Ohio’s congressional delegation voted in favor of federal subsidies for semiconductor production, including the funds that will go to Intel. The 2022 CHIPS and Science Act provides $52.7 billion in federal subsidies for semiconductor production and research. Scott Lincicome, director of general economics at the libertarian Cato Institute, said industrial policy tends to crumble into failed projects and cost overruns. "There's all sorts of more market-oriented reforms that could achieve the type of objectives our political class wants, without the unintended consequences of industrial policy," he said.
While the Biden administration push, described by economists as an industrial policy, has opened opportunities for some companies, significant hurdles remain. The 2022 CHIPS and Science Act provides $52.7 billion in federal subsidies for semiconductor production and research. Industrial policy still has critics. Scott Lincicome, director of general economics at the libertarian Cato Institute, said industrial policy tends to crumble into failed projects and cost overruns. "There's all sorts of more market-oriented reforms that could achieve the type of objectives our political class wants, without the unintended consequences of industrial policy," he said.
"It's absolutely true that AI applications like ChatGPT can very much improve workers' lives," Mark Muro, a senior fellow at the Brookings Institution previously told Insider. But if used correctly, ChatGPT can help some workers with tasks and save them time while doing so. Insider spoke with six workers in sectors that include education and real estate who are using ChatGPT to make their jobs easier. A realtor with eXp Realty also used ChatGPT for a listing in Iowa that was highlighted in a CNN post. Now two months later, LaRue told Insider she uses ChatGPT "everyday" to help write proposals, video scripts, and press releases.
Job hunters are using artificial intelligence tool ChatGPT to do a tedious task: writing cover letters. In some cases, using ChatGPT to write your cover letter could hurt your chances of landing a role. Some people are using it to secure those jobs in the first place by having OpenAI's chatbot write their cover letters. at how well ChatGPT rendered a cover letter template for an academic job" after she asked the bot to write a cover letter for an assistant professor position. Chatter around ChatGPT cover letters has surfaced lots of debate on the topicThe debate around whether cover letters should be nixed altogether because they could introduce more room for bias aside, using cover letters written by ChatGPT to secure a new job is also controversial.
With its impressive functions, the buzzy AI chatbot could give some workers a "productivity boost." Insider compiled a list of seven ways workers can use the AI tool to help do their jobs. But they can help workers across many industries – from tech to media – do their jobs better and more quickly. Workers should be careful when using AI tools, as the tech can be prone to misinformation, and it can remove the human touch from tasks like writing. Here's how you can use ChatGPT and AI to help make your work life easier.
Experts say ChatGPT and related AI could threaten some jobs, particularly white-collar ones. Since its release in November of last year, the impressive AI chatbot has been used to write cover letters, create a children's book, and even help students cheat on their essays. But despite its flaws, the rise of ChatGPT has sparked debates over whether it will replace jobs. Insider talked to experts and conducted research to compile a list of jobs that are at highest-risk for replacement by AI. Here are the 10 jobs that AI may replace, based on our research.
Capital One Job Cuts Signal Trouble for IT Labor Market
  + stars: | 2023-01-21 | by ( Belle Lin | ) www.wsj.com   time to read: +5 min
Technology sector employment overall has remained stable, but job postings for future tech hiring have declined for the second consecutive month, according to IT trade group CompTIA. Companies across industries hired 137,000 tech workers in December, compared with 130,000 the month prior, CompTIA estimates based on an analysis of U.S. Labor Department data. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. News of the job cuts was reported earlier by Bloomberg. Some employers might be shedding the additional technology workers they hired to ramp up remote-work capabilities during the early days of the Covid-19 pandemic, said Mark Muro, a senior fellow at Brookings Institution.
"The weight of the evidence is strong," Butcher wrote in his detention order in U.S. District Court in San Diego. Source: FBIButcher wrote that the evidence itself is the least important factor in his decision to keep Costello in jail. Costello, who has ties to Washington, Las Vegas and California, is due in San Diego court later Tuesday for another hearing related to his expected transfer to Washington state to face trial. But he never showed up as agreed at the FBI's office in San Diego, and went on the lam. Cash and gold bars as detailed in court filing in US District court in San Diego in case of former fugitive Justin Costello.
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