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19 mentions found


☆ AI tools from Microsoft and Google are just streamlining middle management, leading AI expert says: WSJ
  + stars: | 2024-04-27 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +1 min
Microsoft Copilot and Google Gemini have been advertised as AI-powered productivity tools. But Ethan Mollick, a leading AI expert, has a more cynical view of the products. Copilot automates middle management while Gemini makes surveillance easier, he told WSJ. AdvertisementMicrosoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work. This story is available exclusively to Business Insider subscribers.
Persons: Ethan Mollick, —, JP Morgan Organizations: Microsoft, Google, Gemini, Service, University of Pennsylvania's Wharton School of Business, White, Business
☆ The hidden expense that's sucking $74 billion out of the economy
  + stars: | 2023-11-30 | by ( Bartie Scott | ) www.businessinsider.com   time to read: +14 min
They said rising costs kept the board from expanding amenities residents wanted, such as a shared composting system. jhorrocks/Getty ImagesRising price for peace of mindIn the constellation of household costs, insurance is often one of the lesser-noticed line items. But recently the rising cost of repairs and the frequency of damaging weather events have made the deal go sour. Rising insurance costs could inflict more pain on another bruised area of the economy: housing affordability. For this reason, insurance companies could decline to cover them or require costly upgrades before agreeing to a policy.
Persons: that'd, Mark Pauly, Tim Quinlan, you'll, Quinlan, it's, Francesco D'Acunto, D'Acunto, Pauly, they've, Nature, John Coletti, That's, Bartie Scott Organizations: Insurance, Research, Bank of America, Global, American, Casualty Insurance Association, University of Pennsylvania's Wharton School of Business, Insurance Information Institute, Georgetown University's McDonough School of Business, Social Security, National Flood Insurance, Business Insider's Locations: Logan, Chicago, Florida, Wells Fargo, California
☆ Snoop Dogg Says He's Giving up 'Smoke.' It Caught Some of His Fans off Guard
  + stars: | 2023-11-17 | by ( Associated Press | Nov. | At P.M. | ) www.usnews.com   time to read: +3 min
NEW YORK (AP) — Asking for privacy, hip-hop legend and longtime marijuana enthusiast Snoop Dogg says he's going to stop smoking — though he didn't specify exactly what that might mean. Representatives for the 52-year-old Snoop, born Calvin Cordozar Broadus Jr., did not immediately respond to The Associated Press' requests for comment Friday. That didn't stop ample speculation from fans, many of whom filled the comments of Snoop's post after being caught off guard by his decision. Others applauded the announcement and suggested Snoop may have chosen to stop smoking for his own personal health. Just last week, BIC EZ Reach Lighters announced a limited edition, bag-lighter combo from Snoop and Stewart called " Best Buds Bags."
Persons: Snoop Dogg, I've, Snoop, Calvin Cordozar Broadus, Americus Reed, ” Reed, Reed, Martha Stewart, Stewart Organizations: Associated Press, Americus, University of Pennsylvania's Wharton School of Business, Leafs
☆ The AI boom is screwing over Gen Z
  + stars: | 2023-07-17 | by ( Ed Zitron | ) www.businessinsider.com   time to read: +13 min
Now, with the advent of generative AI, organizations are starting to automate many "junior" tasks — stripping away their dubious last attempt to "teach" young employees. America's young workers are headed toward a career calamity. Nobody wants to teach anymoreEven before the rise of AI, young people were facing an early-career crisis. This lack of care is clearly weighing on the young workers who need career development the most. Humans can be enhanced by AI, helped by AI, but replacing them with AI is a shortsighted decision made by myopic bean counters who can't see the value in a person.
Persons: there's, Gen, Gen Zers, it's, Gen Z, Louis, Zers, millennials, Peter Cappelli, Capelli, Paul Osterman, they'd, Osterman, they'll, ChatGPT, Qualtrics, What's, they're, Ulrich Atz, Tensie Whelan, New York University's, Atz, Whelan, —, There's, Knight, It's, Ed Zitron Organizations: Management, Federal Reserve Bank of St, National Association of Colleges, Employers, University of Pennsylvania's Wharton School of Business, US Department of Labor, MIT, Pew Research Center, National Bureau of Economic Research, Gallup, Workplace Intelligence, Amazon, Boston Consulting Group, New York, New York University's Stern Center, Sustainable Business Locations: America, New, Fortune
☆ Here's 9 ways to turn ChatGPT Plus into your personal data analyst with the new Code Interpreter plug-in
  + stars: | 2023-07-15 | by ( Aaron Mok | Gabriel Rivera | ) www.businessinsider.com   time to read: +8 min
Here's 9 ways ChatGPT Plus users have used Code Interpreter, from data analysis to game creation. Last week, OpenAI launched a beta version of its plug-in called Code Interpreter to users of ChatGPT Plus, which costs $20 a month. Thanks to the new plug-in, users may now be able to turn ChatGPT into their own personal data analyst. After that, Ker found open source code to help Code Interpreter devise a version of the game. Analyze playlistsWith Code Interpreter, there may be no need to wait all year for your Spotify Wrapped playlist.
Persons: OpenAI, Ethan Mollick, there'd, Mollick, Alex Ker, Ker, Greg Howe, Jason Gulya, Drake Surach, —, Surach, Kris Kashtanova, ChatGPT, Salma Aboukar, Midjourney, Wharton, — Salma Aboukar, Rick Astley Organizations: LinkedIn, ChatGPT, Twitter, University of Pennsylvania's Wharton School of Business, Berkeley College, YouTube
☆ Frank founder Charlie Javice gave JP Morgan millions of names and emails for college students she said were customers, but 'it was all fake,' prosecutor says
  + stars: | 2023-07-13 | by ( Nate Schweber | ) www.businessinsider.com   time to read: +4 min
Javice is accused of grossly exaggerating the numbers of customers she had before her sale to JP Morgan. After hat after the initial deception to JP Morgan Chase, Javice and Amar pivoted to another, Fergenson said. Javice and Amar presented it all in a spreadsheet to JP Morgan Chase, representing all of the names to be Frank users, Fergenson said. Javice's attorney, Alex Spiro, who has alleged that JP Morgan Chase is retaliating against his client for her exposure of their violating of privacy laws, objected. "The government is just regurgitating to the court JP Morgan Chase's civil lawsuit," he said.
Persons: Frank, Charlie Javice, Javice, JP Morgan, Olivier Amar, JP Morgan Chase, Mr, Amar, Micah F, Fergenson, Morgan Chase, Alvin K, Hellerstein, nodded, —, Alex Spiro, Morgan, Judge Hellerstein Organizations: University of Pennsylvania's Wharton School of Business, Forbes, Fast Company, of, Securities and Exchange Commission Locations: Manhattan, Pennsylvania, Southern, of New York
☆ 10 things in tech: Epstein appeared to threaten Gates, Apple gets its AI cut, and a Twitter hotel
  + stars: | 2023-05-22 | by ( Michael Cogley | ) www.businessinsider.com   time to read: +4 min
The Cupertino-based tech giant is taking its usual 30% cut from users signing up to ChatGPT Plus through the app, according to a note from Bernstein analysts. A spokesperson for Gates told the WSJ that Epstein had "tried unsuccessfully to leverage a past relationship" to threaten the tech billionaire. Microsoft's marketing chief told staffers to bump the stock prices for raises. The tech giant has already managed to outpace the market with shares up 33% so far this year. The tech giant just launched two new Pixel phones.
☆ A Wharton professor says AI is like an 'intern' who 'lies a little bit' to make their bosses happy
  + stars: | 2023-05-20 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
UPenn professor Ethan Mollick compares AI to an "intern" who "lies a little bit," CBS reports. Like interns, AI tools require guidance for their outputs to be useful, according to Mollick. Similar to interns who may overcompensate to get ahead of the curve, Mollick compares AI to an "infinite intern" who "lies a little bit" and, at times, wants to make their bosses "a little happy." But like interns, AI requires guidance for its outputs to be useful. Mollick's thoughts on AI come as generative AI tools like OpenAI's ChatGPT take the world by storm.
☆ Wharton professor who gave ChatGPT an MBA-level exam says AI will be an 'amazing tool' for education
  + stars: | 2023-02-05 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +3 min
ChatGPT passed an exam from a Wharton business school professor, performing at a B or B- level. The professor who administered the exam told Bloomberg he was impressed by the AI's concise, correct answers. Terwiesch told Bloomberg he was impressed by the technology, as the bot performed higher than average, producing B or B-minus level results. Terwiesch told Bloomberg he understands the concerns that many people have about the technology and discourages students from using ChatGPT to cheat. "We use exams or tests for the students to engage with some material," Terwiesch told Bloomberg.
☆ It is the time to stop raising rates, says Wharton's Jeremy Siegel
  + stars: | 2023-01-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt is the time to stop raising rates, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box'' to discuss deflation signals, the time to stop raising rates, and why the Fed should shift its focus away from wages and structural changes.
☆ Wages since the pandemic have not matched the increase in prices, says Jeremy Siegel
  + stars: | 2022-12-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWages since the pandemic have not matched the increase in prices, says Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins 'Squawk on the Street' to discuss fears related to the Fed's monetary policy decisions, wages not matching inflation since the pandemic, and negative trends in the money supply as a deflation indicator.
☆ The Fed is tightening way too much, says Wharton's Jeremy Siegel
  + stars: | 2022-12-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is tightening way too much, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to weigh in on the Federal Reserve's move to hike interest rates by 50 basis points.
☆ Watch CNBC's full interview with Wharton's Jeremy Siegel on the Fed
  + stars: | 2022-12-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on the FedJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to weigh in on the Federal Reserve's move to hike interest rates by 50 basis points.
☆ Wharton's Jeremy Siegel explains why he thinks 90% of inflation is gone
  + stars: | 2022-11-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWharton's Jeremy Siegel explains why he thinks 90% of inflation is goneJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to break down his forecast for inflation and markets.
☆ Watch CNBC's full interview with Wharton's Jeremy Siegel on inflation
  + stars: | 2022-11-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on inflationJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to break down his forecast for inflation and markets. "I think we could see a 15, and potentially a 20%, increase in equity prices in 2023," Wharton tells CNBC.
☆ The Fed could pause its interest rate hikes right now, says Wharton's Jeremy Siegel
  + stars: | 2022-11-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed could pause its interest rate hikes right now, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data.
☆ Watch CNBC's full interview with Wharton's Jeremy Siegel on the Fed, markets and more
  + stars: | 2022-11-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on the Fed, markets and moreJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data. Siegel also breaks down his outlook for future interest rate hikes from the Federal Reserve and more. "They're probably going to go 50 basis points, but that should be the absolute pause," Siegel tells CNBC.
☆ Fed will pivot soon after 'tremendous' progress on inflation, says Wharton's Jeremy Siegel
  + stars: | 2022-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will pivot soon after 'tremendous' progress on inflation, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business, joins 'Squawk Box' to discuss the performance of corporate earnings, progress on bringing down inflation, and core rates staying high.
☆ From Dr. Oz to Hillary Clinton, a tour of 'carpetbagging' politicians past and present
  + stars: | 2022-09-23 | by ( Hanna Kang | ) www.businessinsider.com   time to read: +2 min
Formerly the host of the Emmy award-winning "The Dr. Oz Show" and an attending physician at the New York Presbyterian-Columbia Medical Center, Oz — known by his TV moniker Dr. Oz — is the Republican candidate for Pennsylvania's US Senate race. John Fetterman, a Democrat, says Oz is trying to buy himself a Senate seat from out-of-state. Fetterman, who holds a 13-point lead over Trump-backed Oz in the state's open-seat Senate race, has criticized Oz as a carpetbagger from neighboring New Jersey, even using an aerial banner that read, "Hey Dr. Oz, Welcome Home to NJ!" He also enlisted the help of reality TV star Nicole Elizabeth LaValle — better known as "Snooki" — to mock Oz for his ties to New Jersey. According to the New York Observer, Oz, a longtime New Jersey resident, has been active in his local Republican Party in New Jersey for several years.
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