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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow A.I. could impact jobs of outsourced coders in IndiaA.I. could wipe out most outsourced coders in India in 2 years, as per Stability AI CEO Emad Mostaque. He believes advancements in A.I. India is home to more than 5 million software programmers.
Persons: Emad Mostaque Locations: coders, India
Most outsourced programmers in India will see their jobs wiped out in the next year or two, Stability AI CEO Emad Mostaque said. "I think that it affects different types of jobs in different ways," Mostaque said on a call with analysts at the Swiss investment bank last week. In India, Mostaque said, "outsourced coders up to level three programmers will be gone in the next year or two, whereas in France, you'll never fire a developer." "So it affects different models in different countries in different ways in different sectors." India is home to more than 5 million software programmers, who are most under threat from the impacts of advanced AI tools like ChatGPT, according to a report from Bloomberg.
Persons: OpenAI Dall, Emad Mostaque, Mostaque, you'll Organizations: UBS, Bloomberg Locations: India, Swiss, France
Stability AI CEO Emad Mostaque thinks AI will eliminate most outsourced coding jobs in India. AI will soon eliminate most outsourced coding jobs in India as the technology will drastically reduce the need for them, according to a leading AI expert. Tech jobs are one of the professions most likely to be replaced by AI, Insider's Aaron Mok and Jacob Zinkula previously reported. GitHub's CEO Thomas Dohnke told Computer Weekly last year that AI could help developers be more productive. Additionally, workers with AI skills stand to gain as the tech industry is placing a greater focus on talent in this area, Insider's Thomas Maxwell reported.
Persons: Emad Mostaque, you'll, Mostaque —, Insider's Aaron Mok, Jacob Zinkula, Thomas Dohnke, Insider's Thomas Maxwell Organizations: Morning, UBS, CNBC, Bloomberg, Computer Locations: India, France
Elon Musk officially unveiled his new company xAI on Wednesday. Musk publicly introduced a new company called xAI, whose stated aim is to glean "the true nature of the universe." And an apparently all-male, 12-person team including Musk has been detailed to the heady task, according to its website, which doesn't list any female employees. Hendrycks has published about the potential dangers of AI, including the technology's ability to spread disinformation. With the launch of xAI, Musk now owns or is in charge of half a dozen companies, including Tesla, SpaceX, Neuralink, The Boring Company, and Twitter.
Persons: Elon Musk, Musk, xAI's, Tesla, Musk helms, Dan Hendrycks, Hendrycks, Musk's Tesla, Insider's Kali Hays, — Manuel Kroiss, Igor Babuschkin, Babuschkin, Brian Philip Organizations: Morning, X.AI, Tesla, Twitter, X Corp, Microsoft, AI Safety, SpaceX, Center, AI, Palo Alto Police Department, The Boring Company Locations: Nevada, Hendrycks, Palo Alto
Meta’s Threads isn’t worth 11 Twitters
  + stars: | 2023-07-07 | by ( Lauren Silva Laughlin | ) www.reuters.com   time to read: +3 min
On Wednesday, he launched a Twitter competitor, Threads, promptly encouraging Twitter to threaten to sue. Zuckerberg isn’t doing shareholders any favors. It’s less clear if Twitter’s users have moved, but in that sense, Threads may hurt Meta more than it helps. Even if Threads were to put Twitter out of business, that exercise isn’t worth 11 Twitters. Follow @thereallsl on TwitterCONTEXT NEWSTwitter has threatened to sue Meta Platforms over its new Threads app, Reuters reported on July 6.
Persons: Elon Musk, Mark Zuckerberg, Zuckerberg, Musk, Meta, Jennifer Saba, Sharon Lam Organizations: YORK, Reuters, Twitter, Elon, Facebook, Apple, Public, Meta, Semafor, Thomson Locations: Instagram
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Persons: Dow Jones
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
When you think of the phrase "soft skills," you probably think of a few specific traits: emotional intelligence, interpersonal ability, an adeptness at communication. That's fine, says millionaire bestselling author Seth Godin — just stop calling them "soft." AI has already automated some traditional vocational skills, from coding and data analysis to copywriting and even architectural design. That's why many companies pay "less attention to soft skills when hiring," Godin wrote. Eighty-nine percent of employers say poor soft skills are a sign of a "bad hire," according to a LinkedIn survey conducted in 2018.
Persons: Seth Godin —, Godin, , you've, Heidi Brooks, coders, salespeople Organizations: TED, Wall Street, Yale University's School of Management
AT&T is deploying an OpenAI-based tool to help employees with their work. AT&T said Microsoft had helped it develop the generative AI tool safely. AT&T has created a ChatGPT-based tool called Ask AT&T for employees to use internally. The blogpost said AT&T had worked with Microsoft to ensure the tool was secure for corporate data, something that has been a concern for companies with ChatGPT. As AT&T said in the blogpost, generative AI tools are "not magic or infallible" and it was ultimately up to employees to check the tool's results were "accurate and appropriate."
Persons: Andy Markus, , Markus Organizations: Microsoft, Morning, ChatGPT, Companies
SYDNEY, June 15 (Reuters) - Two coders at the file-sharing website Megaupload were sentenced to prison by a New Zealand court on Thursday after pleading guilty in a deal in which they promised to testify against the site's founder Kim Dotcom, according to the New Zealand Herald. Mathias Ortmann was sentenced to two years and seven months in prison and Bram van der Kolk to two years and six months by the High Court in Auckland, the newspaper reported on its website. German-born Dotcom, who has a New Zealand residency, is fighting extradition to the United States relating to his Megaupload site, which was shut down in 2012 following an FBI-ordered raid on his Auckland mansion. The sentences for Ortmann and van der Kolk were significantly lowered from 10 years as the court gave substantial discounts for the guilty pleas, assistance to the FBI and rehabilitation efforts, the NZ Herald said. U.S. authorities say Dotcom, Ortmann, van der Kolk and a fourth Megaupload executive who has since died had cost film studios and record companies more than $500 million and generated more than $175 million by encouraging paying users to store and share copyrighted material.
Persons: Megaupload, Kim Dotcom, Mathias Ortmann, Bram van der Kolk, Dotcom, van der, Praveen Menon, Peter Graff Organizations: SYDNEY, New Zealand Herald, High, FBI, NZ Herald, Twitter, Thomson Locations: New Zealand, Auckland, Zealand, United States
Ken Griffin spoke to the newest class of Citadel interns at the Four Seasons on Tuesday. The CEO said generative AI is changing the game and it's harder than ever to stand out as a programmer. Billionaire Citadel founder Ken Griffin says the days of the good programmer are numbered, and generative AI is the reason why. "Programming is going to be a big target for generative AI," Griffin said, according to people who heard him speak. The days of 'I'm a good programmer' are becoming numbered."
Persons: Ken Griffin, Griffin Organizations: Citadel, Citadel . Billionaire Citadel, CNBC, Citadel Securities, NASA, US Army Locations: Fort Lauderdale, Wall
Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage. "I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI," Griffin said Tuesday during an event for Citadel's new class of interns in Fort Lauderdale, FL. "I think they're actually doing everybody a huge disservice with the level of hype they are creating." One industry that could see a material impact from AI is programming and software engineering, Griffin said. "Programing is going be a big target for generative AI," Griffin said, asked by an intern about AI's impact on his business.
Persons: Ken Griffin, Griffin, chatbot, Warren Buffett Organizations: Citadel, Nvidia, AI Safety, Harvard, MIT, Citadel Securities Locations: Fort Lauderdale , FL, Fort Lauderdale, Palm Beach
Apple CEO Tim Cook speaks with members of the media next to Apple's new Vision Pro virtual reality headset, during Apple's Worldwide Developers Conference at the Apple Park campus in Cupertino, California, June 5, 2023. On Monday, Apple revealed its $3,500 Vision Pro "spatial computing" headset to the public ahead of a planned launch early next year. Now Apple needs to convince developers to make apps for it, even though the hardware isn't widely available yet. App support for the Vision Pro will be critical for its success. All this effort is to ensure the app store for the Vision Pro is stocked when it eventually goes on sale.
Persons: Tim Cook, Apple, Morgan Stanley, Erik Woodring Organizations: Apple, Apple's Worldwide, Vision, Union Locations: Cupertino , California, California, London, Munich, Shanghai, Singapore, Tokyo
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
could transform computer programming from a rarefied, highly-compensated occupation into a widely accessible skill that people can easily pick up and use as part of their jobs across a wide variety of fields. In situations where one needs a “simple” program … those programs will, themselves, be generated by an A.I. Welsh’s argument, which ran earlier this year in the house organ of the Association for Computing Machinery, carried the headline, “The End of Programming,” but there’s also a way in which A.I. could mark the beginning of a new kind of programming — one that doesn’t require us to learn code but instead transforms human-language instructions into software. Everyone is a programmer now — you just have to say something to the computer.”
Persons: , DeepMind, ” Matt Welsh, there’s, , ” Jensen Huang Organizations: Google, Apple, Association for Computing Machinery, Nvidia Locations: Google’s, Taiwan
Brett Keller joined Priceline in 1999 just as the dot-com boom was getting in gear. Brett Keller joined the company in 1999 and rose through the ranks to become CEO in 2016. Keller, 55, who grew up in small-town Idaho, didn't travel much as a kid. And yet, Keller didn't set out to forge a career in the travel industry. We have to keep pushing the travel world in the right direction while continuing to promote travel as much as we can.
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.
Get the Best From ChatGPT With These Golden Prompts
  + stars: | 2023-05-25 | by ( Brian X. Chen | ) www.nytimes.com   time to read: 1 min
Welcome back to On Tech: A.I., a pop-up newsletter that teaches you about artificial intelligence, how it works and how to use it. A few months ago, my colleagues Cade Metz and Kevin Roose explained the inner workings of A.I., including chatbots like OpenAI’s ChatGPT, Microsoft’s Bing and Google’s Bard. People from all walks of life — students, coders, artists and accountants — are experimenting with how to use A.I. to streamline and improve your work and personal life. As The Times’s personal tech columnist, I’m here to help you figure out how to use these tools safely and responsibly to improve many parts of your life.
We're entering what is shaping up to be the Forever Labor Shortage. So what does the Forever Labor Shortage mean for workers in the years ahead? But perhaps the biggest change prompted by the labor shortage won't be how employers hire — it will be who they hire. In the Forever Labor Shortage, all labor is going to be in demand. That means the Forever Labor Shortage will be more an ongoing battle than an enduring peace.
Well, if you are most worried about China beating America in A.I., you want to turbocharge our A.I. If you want to truly democratize A.I., you might want to open-source its code. systems will compound discrimination, privacy violations and other divisive societal harms, the way social networks do, you want regulations now. That last danger is real enough that on Monday Geoffrey Hinton, one of the pioneering designers of A.I. “It is hard to see how you can prevent the bad actors from using it for bad things,” Hinton told The Times’s Cade Metz.
On the agenda today:But first: Why Big tech's new focus on efficiency could have far-reaching impacts. Tech jobs aren't coming backTech giants have been slashing jobs. Companies from Meta to Salesforce have cut jobs in the recent months in the pursuit of efficiency and profit margins. Also read:Whistleblower docs: Jane RobertsSupreme Court Justice Chief Justice John Roberts and his wife Jane Roberts arrive for a 2018 State Dinner at the White House. At least one of those firms argued a case before the chief justice after paying his wife hundreds of thousands of dollars.
That has far-reaching implications for tech workers and those seeking to work in the industry. By some estimates, more than 250,000 tech workers have been laid off since the start of 2022. Site-reliability engineers manage the operations of Google's systems and keep them running, while software engineers work on developing Google's infrastructure and products. This trend has significant implications for tech workers and those hoping to work in the industry. As Insider's Ito has reported, tech workers and software engineers have often been thought of as impervious to the march of automation.
Amazon signaled its commitment to AI investment amid a surge of interest in the technology. Amazon plans to build "the world's best personal assistant," CEO Andy Jassy told analysts Thursday. "And we are adding more dollars for large language models and generative AI." Amazon CEO Andy Jassy echoed the company's commitment to AI, saying the e-commerce giant would be among the few companies to prioritize developing large language models, the technology behind generative AI tools like chatbots. "If you look at the really significant leading large language models, they take many years to build, and many billions of dollars to build," he told analysts Thursday.
Their conclusion: 19% of workers hold jobs in which at least half their tasks could be completed by AI. Researchers at Microsoft and its subsidiary GitHub recently divided software developers into two groups — one with access to an AI coding assistant, and another without. Amazon has built its own AI coding assistant, CodeWhisperer, and is encouraging its engineers to use it. Another argument from the optimists: Even as AI takes over the bulk of coding, human coders will find new ways to make themselves useful by focusing on what AI can't do. So maybe, long term, human coders will survive in some new, as-yet-to-be-determined role.
A Commodity Futures Trading Commission official said Tuesday that she hopes to find a "path forward" in the regulator's legal battle with crypto exchange Binance, noting that no decision has been taken yet on whether to settle the case or take it to court. Kristin N. Johnson, commissioner at the CFTC, said that the regulator has been in conversations with Binance to address its concerns about the company's conduct. And I want to say that typically, in the context of any litigation, we are always ready to have conversations and typically even ahead of the litigation," Johnson said in an interview with CNBC's Arjun Kharpal Tuesday. "As of the moment, we can conclude that there is not an immediate path forward," she added. Her comments mark a rare statement on the Binance suit to media since the CFTC first announced it was suing the company on Mar.
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