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☆ 4 banks have collapsed in less than a month. Here's what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.
▼ + stars: | 2023-03-25 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

In less than a month, Silvergate, Silicon Valley Bank, Signature Bank, and Credit Suisse have collapsed. Jerome Powell, Nouriel Roubini, Elon Musk, and others have shared their views on the turmoil. Experts have pointed to the Federal Reserve's aggressive rate hikes over the past year as a driver for the turmoil. Jerome PowellFollowing the announcement of a 25-basis-point rate hike, the Fed chief said all depositors' savings are safe, adding that US banking system is "strong and resilient." Elon MuskThe billionaire Tesla and Twitter chief sees danger ahead for the US economy if the Fed doesn't contain the crisis among regional banks.

☆ The economy is headed into a 'Bermuda Triangle' of risk that will bring on a crisis to rival 2008, 'Dr. Doom' economist Nouriel Roubini says
▼ + stars: | 2023-03-23 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The economy is headed into a "Bermuda Triangle" of risk, economist Nouriel Roubini warned. He sounded the alarm for a stagflationary debt crisis and a severe recession to hit the US. Second, high interest rates means firms are battling higher costs of borrowing and waning liquidity, which weighs on asset prices. Finally, high interest rates are pressuring the mountain of debt, both private and public, that was amassed during the years of low rates, Roubini said. And when many of them are having these problems, then you have a systemic household debt crisis like [2008]," he warned.

☆ Gary Vaynerchuk compares the rise of AI like ChatGPT to the way the internet revolutionized work: 'AI is coming for our jobs and that's ok'
▼ + stars: | 2023-02-24 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

Gary Vaynerchuk predicts that AI software like ChatGPT will eliminate many jobs. He's optimistic about workers' ability to rally and adapt to AI, or create new roles. That's been true to an extent about previous types of automation, but AI looks likely to impact a broader demographic of workers. Like Vaynerchuk points out, there's some reason to be optimistic long-term about the job shake ups technology can cause. But Vaynerchuk is more convinced that AI represents the status quo for automation.

☆ 7 ways to use ChatGPT at work to boost your productivity, make your job easier, and save a ton of time
▼ + stars: | 2023-02-04 | by ( Jacob Zinkula | Aaron Mok | ) www.businessinsider.com time to read: +3 min

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.

☆ ChatGPT may be coming for our jobs. Here are the 10 roles that AI is most likely to replace.
▼ + stars: | 2023-02-02 | by ( Aaron Mok | Jacob Zinkula | ) www.businessinsider.com time to read: +3 min

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.

☆ Hiring slowdowns, manager burnout and other trends that will shape U.S. workplaces in 2023, experts say
▼ + stars: | 2023-01-26 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Now, with a potential recession on the horizon, economists and researchers are convinced that 2023 will usher in even more significant changes to the workplace. CNBC Make It spoke with three experts about the biggest trends that will shape work this year. Hiring will slow in 2023 — but jobseekers will still hold the powerEven though several U.S. companies have slashed staff in recent months, workers will continue to have the upper hand in the labor market this year. Education, government, health care and retail are among the industries where hiring has maintained its momentum, and are poised for continued growth in 2023. "All of this is creating a manager shortage, which just exacerbates the challenges companies are facing attracting and retaining talent," she adds.

☆ India is set to become the world’s most populous country. Can it create enough jobs?
▼ + stars: | 2023-01-17 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

New Delhi CNN —India will overtake China this year to become the world’s most populous country. That’s because India is simply not creating employment opportunities for the millions of young job seekers already entering the workforce every year. A huge crowd thronged India Gate on New Year's Eve on December 31, 2022 in New Delhi, India. The country needs to create at least 90 million new non-farm jobs by 2030 to absorb new workers, according to a 2020 report by McKinsey Global Institute. But, according to a former central banker, even this growth is “insufficient.”“A lot of this growth is jobless growth.

☆ Risk officers are the next hot hire for fintechs reaching consumers in new industries, VCs said. Startups are poaching from big companies to find them.
▼ + stars: | 2022-12-06 | by ( Emilia David | ) www.businessinsider.com time to read: +5 min

Risk officers don't just safeguard data: They take charge of many regulatory and technological issues in financial-services businesses. But only some fintech companies may benefit from thinking about hiring risk officers early. Large banks still dominate hiring for risk officers, but startups are gaining groundFintech startups want to hire risk officers, but they face a hurdle: There aren't enough risk professionals. But fintech startups have been attracting risk officers from banking giants for a while. Still, according to White, there are benefits to hiring risk officers for both types of companies.

☆ Bucharest Forum 2020: Cel mai important eveniment geostrategic din regiunea Mării Negre începe astăzi
▼ + stars: | 2020-10-08 | by ( ) tvrmoldova.md time to read: +3 min

Potrivit caleaeuropeana.ro, tema din acest an a Bucharest Forum este centrată în jurul rezilienţei sistemelor financiare, instituţiilor şi sistemelor politice şi a societăţilor în ansamblul lor, în contextul transformărilor profunde generate la nivel global de pandemia COVID-19. Bucharest Forum este un eveniment organizat de Institutul Aspen România şi Biroul din Bucureşti al The German Marshall Fund of the United States, în parteneriat cu Guvernul României. Vorbitor principal în cadrul Bucharest Forum va fi secretarul general adjunct al NATO, Mircea Geoană, fost preşedinte al Institutului Aspen din România şi gazda Bucharest Forum în primele sale şapte ediţii. Prima zi a evenimentului va găzdui de asemenea o discuţie pe tema relaţiilor transatlantice între Amb. Pentru prima dată în acest an, evenimentele sectoriale ale Institutului Aspen România, inclusiv Healthcare Forum, Atlantic – Black Sea Security Forum, Energy Summit şi Governance Innovation Forum, vor avea loc sub umbrela Bucharest Forum 2020.

Persons: Ludovic Orban, Mircea Geoană, Svetlana Tihanovskaia, Adrian Zuckerman, Bogdan Aurescu, Adina, Andreas Schaal, Sven Smit, Jeff, Nicholas Burns, David McAllister, Steve, The Hill Organizations: Bucharest Forum, România, German, United States, NATO, OECD, Microsoft Europe, Aspen Strategy Group, Harvard Kennedy School, Energy Summit Locations: Mării Negre, Europa, Asia, America, Bucharest, Bucureşti, României, România, Belarus, SUA, The, Atlantic, Black

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