DIRS.INFO The most relevant business & tech news

☆ ChatGPT is the Myspace of AI: It's fun, but it's far from taking your white-collar job
▼ + stars: | 2023-03-18 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Despite excitement around ChatGPT and GPT-4, there are concerns about AI tools taking jobs. "Artificial intelligence may have a role in displacing, or at least reducing, the need for less skilled workers," Lee said. Hope Bradford, senior director of digital transformation at Kelly, a staffing and workforce company, told Insider that AI tools help HR professionals screen candidates. Are white-collar workers' jobs at risk of being cut because of AI tools? While people have found success and the pros of AI tools, there's still uncertainty about their future and fears still loom.

☆ AI Tech Like ChaptGPT, Bing, Bard Is a Bigger Threat Than Social Media
▼ + stars: | 2023-03-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +13 min

Nowadays, the promise of social media as a unifying force for good has all but collapsed, and Zuckerberg is slashing thousands of jobs after his company's rocky pivot to the metaverse. Much like social media in 2012, the AI industry is standing on the precipice of immense change. And as Altman and his cohort charge ahead, AI could fundamentally reshape our economy and lives even more than social media. If social media helped expose the worst impulses of humanity on a mass scale, generative AI could be a turbocharger that accelerates the spread of our faults. Social media amplified society's issues, as Wooldridge puts it.

☆ Elon Musk is changing Twitter so much, even investor Marc Andreessen is getting upset and complained to him directly
▼ + stars: | 2023-02-04 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

Issues with how Twitter looks and operates have been frequent since billionaire Elon Musk took over. Investor Marc Andreessen invested in Musk's takeover and is said to have complained directly to him. Twitter CEO Elon Musk is pushing so many changes to the social media site so fast that high profile users, Musk fans, and even some of his investors are complaining. Representatives of Twitter and Andreessen Horowitz did not respond to requests for comment. "Musk knows it's bad right now, but it's going to get better over time," a person familiar with Twitter said.

☆ A mailman, a NASA scientist and a park ranger: Some government employees shrug off TikTok bans
▼ + stars: | 2023-01-28 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +8 min

Jean-Pierre, who’s from Morristown, New Jersey, has attracted 215,500 followers on the video app where most days he posts from his mail truck during his lunch break. As of last month, all federal workers are banned from having TikTok on their work phones. In some places, using a personal device isn’t enough to get around TikTok restrictions. There’s no telling precisely how many federal workers use TikTok, but certain hashtags show the breadth of its popularity. The public relations staff at some federal agencies said they had no plans to interfere with what federal workers did on their own.

☆ Trump's return to Instagram and Facebook could doom Truth Social
▼ + stars: | 2023-01-27 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Truth Social only just became available on Androids in October. Trump's return to social media spells doom for Truth Social. After the Capitol insurrection, former president Donald Trump was banned from a slew of social media platforms. Trump is contractually required to post on Truth Social before making the same post on another site for six hours. My colleague Beatrice Nolan breaks down the future of Truth Social and what it means for Trump's supporters.

☆ Apple is looking for a top sales executive to spearhead a giant advertising push in sports and streaming. Here are 16 execs who could score the job.
▼ + stars: | 2023-01-19 | by ( Claire Atkinson | Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +15 min

Netflix also conducted a search before hiring two Snap executives, Jeremi Gorman and Peter Naylor, to lead its new ads business. XandrLesser, a longtime digital ad executive, has extensive experience working on issues around the future of digital marketing. McDonald has a ton of other digital ad sales and publishing experience. She helped launch Modi Media, ad buying giant GroupM's addressable TV business, before joining TV adtech startup Cadent. UnivisionValentino runs Disney's digital ad business as EVP, client and brand solutions.

☆ Main Street is buying stocks while Wall Street sells: What gives?
▼ + stars: | 2022-12-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

But not all traders are on the same ride — the large, institutional investors on Wall Street have shuffled away from markets while Main Street’s retail investors are still strapped in. But despite this year’s lackluster market, investors bought $800 billion of Exchange Traded Funds which are baskets of stocks typically purchased by retail investors. However, Main Street is holding on to its stocks while Wall Street is running for the hills. One simple explanation is that institutional investors are responsible for vast amounts of money that belong to other people. “Respect, for retail investors, is in short supply,” wrote Azalea Micottis at Informa Financial Intelligence, in a recent note.

☆ Here’s who Elon Musk could pick to be Twitter’s next CEO
▼ + stars: | 2022-12-19 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —Elon Musk may soon be on the lookout for a new chief executive to run Twitter. There is no successor.”If Musk were to look for a new Twitter CEO, he’d likely have many willing takers. Jack Dorsey, Twitter founder, CEO of Block and friend to Musk, has previously said he would not return to run the social network. The most obvious potential candidates for a new Twitter CEO are the Musk lieutenants who have been helping to run the company since his takeover. Who is insane enough to run twitter?!?

☆ Digital ad firm Viant plans to lay off 13% of its staff
▼ + stars: | 2022-12-13 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

Viant, a publicly traded adtech company, disclosed plans to lay off 46 employees, or 13% of its staff. It becomes the latest in a line of adtech companies to reduce their workforces in recent months. Digital ad firm Viant said it plans to lay off 13% of its workforce, or about 46 employees, becoming the latest in a line of adtech companies trimming headcount in the face of an advertising downturn. Advertising-funded technology companies from Meta to Google have suffered a decline in ad sales in recent months and major advertising forecasting firms have revised down their estimates for the industry's growth in 2023. Adtech companies including Integral Ad Science, Taboola, and Meta have announced plans to trim their workforces in recent months amid the softening economy.

☆ What is Hive? I tried the latest Twitter alternative to gain steam
▼ + stars: | 2022-11-23 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +6 min

This week, Hive Social garnered the top spot in the social networking category on the US App Store. As I tried to download the Hive app on my Apple device, however, I was greeted with a series of errors. Hive Social, which lists just two employees on LinkedIn, did not respond to CNN Business’ requests for an interview or further comment. On its website, Hive Social also outlines goals for keeping the community respectful. To be fair, Hive started in 2019 and never sought to be a Twitter clone or to welcome a sudden influx of disgruntled Twitter users.

☆ The death of Twitter won't be as messy as many expect. Here's what its demise could look like.
▼ + stars: | 2022-11-22 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today, we're talking about what the downfall of Twitter could look like — and it's probably not what you think. Reporting from my colleagues Matt Weinberger and Kali Hays suggests the site probably won't crash and burn in spectacular fashion. The death of Twitter won't be the dramatic explosion you might expect. A leaked email shows Twitter employees must send Elon Musk weekly updates of everything they've worked on. In other Musk news, the billionaire told Twitter employees that he's done with layoffs for now, and he tweeted Monday that the Twitter Blue relaunch is on hold.

Hive Social is a mobile-only social media app that's become a popular Twitter alternative. Like Twitter, Hive Social lets you post messages, videos, polls, and more to a chronological feed of followers. Hive Social is a mobile-only platform that's trying to recreate Twitter without any of the algorithms. The biggest difference between the two is that Hive Social claims to have no algorithms deciding which posts you see. Hive Social; William Antonelli/InsiderYou've now got free reign to use Hive Social however you like.

☆ The death of Twitter won't be the dramatic explosion you might expect
▼ + stars: | 2022-11-18 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +5 min

So I'm confident saying Twitter won't wink out of existence, here one day and gone the next. That said, I'm also confident that Twitter won't be the same after Musk's gambit. Here's how I think will happen:Power users start to abandon ship. The combination of app unreliability and the increasingly-notable absence of power users and influencers will lead to average Twitter users spending less time on the site. If and when users stop refreshing Twitter because it's no longer reliable, they'll start spending more time on other platforms.

☆ From Elon Musk to Sam Bankman-Fried, a bad week for market geniuses, but was it their fault?
▼ + stars: | 2022-11-12 | by ( Barbara Collins | ) www.cnbc.com time to read: +3 min

watch nowFrom the FTX bankruptcy and downfall of crypto "rock star" Sam Bankman-Fried to the chaos at Twitter, it has not been a good week for the geniuses of capitalism. "Without a doubt, Sam Bankman-Fried is a genius," said Yale School of Management leadership guru Jeffrey Sonnenfeld in an interview with CNBC's "Fast Money" on Thursday. "But what's hard is that somebody has to be able to put on the brakes on them and ask them questions. Tom Williams | CQ-Roll Call, Inc. | Getty ImagesBut boards are often unable to manage genius, Sonnenfeld said. Tesla shares have not been immune from Musk's Twitter takeover, with the stock plummeting this week after Musk told Twitter employees on Thursday he sold Tesla stock to "save" the social network.

☆ Their children went viral. Now they wish they could wipe them from the internet.
▼ + stars: | 2022-11-03 | by ( Morgan Sung | Morgan Sung Is A Trends Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +15 min

Kodye Elyse, a cosmetic tattoo artist, said she "really wasn’t on social media" before then so she barely had any followers. As social media usership increases — especially on video platforms like TikTok — the potential viewership of each video is limitless. Some allege that being so prominently featured on their parents’ social media accounts negatively impacted them. It’s taken a toll on their mental health and shaped how they navigate their own social media presence. They also use their account to advocate for better protections for children online.

☆ Anxious Twitter users find few alternatives to platform after Musk deal closes
▼ + stars: | 2022-10-28 | by ( Jennifer Korn | ) edition.cnn.com time to read: +4 min

But with few obvious alternatives, Twitter users may be left with nowhere else to go. Other platforms, like Mastodon, have promised a more decentralized social media experience. “Excited to see what you accomplish here,” retired basketball star Shaquille O’Neill tweeted at Musk on Wednesday ahead of the deal closing. Musk has said he would restore Trump’s Twitter account, though Trump has previously said he would remain on Truth Social. By unbanning users and unwinding content moderation efforts, Musk could make Twitter less palatable for its most vulnerable users, typically women, members of the LGBTQ community, and people of color, according to safety experts.

The hashtag went viral in 2017, but Tarana Burke first started the movement back in 2006. Tarana Burke: My name is Tarana Burke, and I'm the founder of the #MeToo movement. #MeToo is a movement that was founded in 2006 to support survivors of sexual violence, in particular black and brown girls, who were in the program that we were running. We were encountering numbers of girls who were disclosing sexual violence. And sometimes they didn't even know that it was sexual violence.

☆ The one thing this 30-year-old business owner says any entrepreneur should splurge on: ‘It is worth every penny’
▼ + stars: | 2022-09-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

Princess EtchBefore the pandemic, Labowitch made a chunk of her income teaching in-person classes and workshops. "I immediately lost a number of jobs, and the number of email correspondents I had about promising projects just disappeared. Labowitch initially started showcasing her art on Myspace in 2007, but most recently, she amped up her TikTok presence by doing live streams of her drawing process. And I developed this whole new, really passionate fan base of people who just really wanted to support me and my business." "If there's anything that I would recommend any entrepreneur indulge in and splurge on, it's an accountant," Labowitch says.

☆ Instagram reels aren't dead yet — here's why Meta's battle with ByteDance has only just begun
▼ + stars: | 2022-02-15 | by ( Alex Kantrowitz | Big Technology | ) www.businessinsider.com time to read: +5 min

Instagram still has double the usership of TikTok and TikTok's growth has slowed. "But then I realized they weren't using TikTok, they had discovered Instagram Reels." That said, Instagram Reels could be a gateway drug for younger users, who may find TikTok after experimenting with Reels. Without India, TikTok's download growth has slowed. TikTok, however, is still out-downloading Instagram, and people are spending more time on TikTok than on Instagram.

Search resuls for: "MySpace"

19 mentions found