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☆ Sam Altman wants to make AI like a 'super-competent colleague that knows absolutely everything' about your life
▼ + stars: | 2024-05-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman described the ultimate AI app to the MIT Technology Review. Altman's vision is that AI will take on real-world tasks — not just function as a chatbot. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Related storiesThe bottom line is that Altman wants AI to function as more than just a chatbot. Altman didn't specify when this tool will be available and how advanced AI must be to support it.

Persons: Sam Altman, —, Sam Altman's, Altman, They'll, ChatGPT, OpenAI Organizations: MIT Technology, Service, OpenAI Locations: ChatGPT, Cambridge , Massachusetts

☆ Biden used ChatGPT for the first time. Here's how that went.
▼ + stars: | 2024-05-02 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

President Joe Biden asked ChatGPT to explain a legal case, write a Supreme Court briefing, and a song. "Wow, I can't believe it could do that," he said after his first ChatGPT run, according to Wired. The experience also pushed Biden to sign an executive order on AI safety. AdvertisementAfter over three decades in the Senate, eight years as vice president, and three presidential campaigns, you'd think nothing would surprise President Joe Biden. This story is available exclusively to Business Insider subscribers.

Persons: Joe Biden, ChatGPT, Biden, —, you'd, Arati Prabhakar Organizations: Wired, Service, White, Office of Science, Technology, Business

☆ A longevity researcher is facing backlash for claiming to 'reverse aging.' Scientists say there's no consensus on what it means.
▼ + stars: | 2024-04-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Read previewHarvard researcher Dr. David Sinclair has found himself at the center of controversy within the longevity community. He's also earned his share of critics who say his research isn't always backed up by sufficient evidence. Animal Biosciences reissued a press release walking back the "reverse aging" claim. But scientists in the field say the issue is even more fundamental: There's no way to reverse aging, much less measure it. That means debates about the semantics of aging will only become more relevant to our daily lives.

Persons: —, David Sinclair, Sinclair, He's, Dr, Nir Barzilai, Matt Kaeberlein —, Matt Kaeberlein, Barzilai, it's, it'll, Andrea Maier, Jeff Bezos, Peter Thiel Organizations: Service, Business, Street Journal, Animal Biosciences, Newsweek, The Academy for Health, Academy for Health, Academy, National Institute, Aging, MIT Technology, National University of Singapore, Longevity

☆ I'm using my synesthesia to create a new genre of AI art. The technology can 'read' my paintings and help me compose music.
▼ + stars: | 2024-04-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

I listen to Indian classical music, Gregorian chants, and some obscure composers such as Gyorgy Ligeti, Leo Ornstein, and Terry Riley. Instead, she suggested I create a visual alphabet that matched the musical chords I heard in my mind to colors. I met with musicians and AI experts to create a visual alphabetI started by looking for musicians to collaborate with and met Anthony Cardella, a young, incredibly gifted pianist in Los Angeles. When I heard that music played back to me, it brought tears to my eyes. The audience could look at the paintings while Anthony played, which was a profound experience.

Persons: Shane Guffogg, Gyorgy Ligeti, Leo Ornstein, Terry Riley, I've, Radhika Dirks, —, Anthony Cardella, He's, Anthony, I'd, He'd, he'd, Jonah Lynch, Jonah, Ligeti, Ornstein —, It's Organizations: Service, USC, Forest Lawn Museum, Venice Biennale Locations: American, Venice, Los Angeles, California

☆ Google hits a new milestone: $2 trillion
▼ + stars: | 2024-04-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Alphabet, Google's parent company, achieved a $2 trillion market cap milestone. This company briefly hit the threshold previously but never sustained a full day of trading. Despite its recent success Alphabet hasn't had an easy path to the $2 trillion mark. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle's parent company, Alphabet, hit a new milestone on Friday: a $2 trillion market cap.

Persons: — Organizations: Service, Google, Nvidia, Apple, Microsoft, Bloomberg, Business

☆ A centuries-old Japanese ceramics maker has found itself at the center of the AI revolution
▼ + stars: | 2024-04-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Ceramics maker Maruwa is helping cool data centers amid the AI boom. Maruwa's 200-year history in ceramics contributes to its competitive edge. AdvertisementThe AI boom is driving a surge in data center construction that's sucking up tons of energy. By 2030, data centers are expected to consume 35 gigawatts of power annually, up from 17 gigawatts in 2022, according to McKinsey & Company. Related storiesThis is welcome news to perhaps no one more than a centuries-old Japanese ceramics maker that got its start making dinnerware.

Persons: —, Goldman Sachs, Mitsuhiro Icho Organizations: Maruwa, Service, McKinsey & Company, CNET, McKinsey, Financial Times

☆ As most AI execs scramble for more data, Mark Zuckerberg says there's actually something more 'valuable'
▼ + stars: | 2024-04-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Meta CEO Mark Zuckerberg weighed in on the AI data race in a new interview. But Zuckerberg says 'feedback loops' will be more important for training AI models than data. AdvertisementMeta CEO Mark Zuckerberg has a hot take on Big Tech's race for AI training data: It's not about the data. Feedback loops are used to retrain and improve AI models over time based on their previous outputs. These algorithms let AI models know when they make an error, for example, and provide them with data to adjust their future performance.

Persons: Mark Zuckerberg, Zuckerberg, — Organizations: Service, Command, Business

☆ Meta's 'Imagine' AI image generator morphs and changes as you type
▼ + stars: | 2024-04-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Meta introduced Imagine, a new AI image generation feature. Meta announced a new image generation feature called Imagine this week that allows users to create images in real time. The company is rolling out the feature in beta to users on WhatsApp and the Meta AI website. To use it, users simply type the prompt "Imagine" followed by a description of the image they're trying to generate. This story is available exclusively to Business Insider subscribers.

Persons: Meta, — Organizations: Service, Meta, Business

☆ Former OpenAI leader has an easy trick for surviving AI in the workplace
▼ + stars: | 2024-04-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

The AI revolution has sparked fears that machines will replace human workers. But former OpenAI leader Zack Kass told BI that human qualities will become even more essential. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWorkers are worried about competing with machines for jobs as the AI revolution takes off. But in a world where AI can code, write, and analyze data proficiently, what makes us "human" matters maybe more than ever, Zack Kass, a former leader at OpenAI, told Business Insider.

Persons: Zack Kass, — Organizations: Service, Business

☆ I was a consultant at McKinsey. Here's the frustrating way they pushed me out.
▼ + stars: | 2024-04-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

AdvertisementThis is an as-told-to conversation with Ezra Gershanok, a former Business Analyst at McKinsey & Company and the cofounder of sublet startup Ohana. I was hired straight out of college as a Business Analyst, an entry-level consultant role at the firm. Related storiesFor me, the pace of the work started to slow down in the second half of 2021 and into 2022. Several jobs at the firm started to be seen as redundant. So, it's possible to get positive feedback from the clients you're working with and your direct manager, even when the higher-ups are trying to push you out.

Persons: Ezra Gershanok, Gershanok, Zillow, —, McKinsey doesn't, I'd, Ohana, We've, Spencer Rascoff, Surabhi Gupta, they're, Lakshmi Organizations: McKinsey & Company, Post, McKinsey, Service, Apple, Engineering Locations: Seattle, sublease, NYC, Lakshmi Varanasi, lvaranasi@businessinsider.com

☆ Boeing helped develop Israel's Arrow 3 missile defense system, which 'proved itself' during Iran's retaliatory attack
▼ + stars: | 2024-04-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Israel's Arrow 3 system helped intercept drones and missiles during Iran's retaliatory attack. Boeing helped develop the Arrow 3 system, which was funded largely by the US. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIsrael intercepted the majority of the airborne drones and missiles Iran fired in its retaliatory attack on Saturday thanks to an advanced air defense system that Boeing helped develop. Israel's Arrow 3 system — first deployed in 2017 — is the top level of its air defense network and is designed to intercept targets in space.

Persons: Arrow, — Organizations: Boeing, Service, Israel, Iran, Israel Aerospace Industries, The New York Times, Business Locations: United States

☆ Airbnb now wants you to rent out your rental
▼ + stars: | 2024-04-13 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Airbnb plans to help renters list their homes to earn additional income. The company says it could help mitigate the impact of skyrocketing rental rates. AdvertisementAirbnb is on a mission to help renters earn a little extra income — and probably keep a little for itself, too. The company announced plans on Friday to help renters list their rental homes on its platform. Airbnb plans to work with city and state governments to "advocate for short-term rental rules that allow renters to share their home."

Persons: —, Airbnb Organizations: Service, Business Locations: United States

☆ The US is betting big on AI chips, but there's a giant flaw in the plan
▼ + stars: | 2024-04-13 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

The Biden administration is subsidizing the semiconductor industry to boost US chip production. But the US doesn't have enough workers in the AI chip manufacturing sector. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The semiconductor industry is responsible for building AI chips, but over the past two decades, the number of workers in American semiconductor manufacturing has dropped sharply, according to The Wall Street Journal. That decline in workers corresponded with a decline in the US share of the global chip-making market.

Persons: Biden, — Organizations: Universities, Service, Wall Street, Business Locations: United States, Taiwan, China, South

☆ A 91-year-old former hedge fund manager says weighing probabilities can prolong your life. Here's how he does it.
▼ + stars: | 2024-04-11 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Edward Thorp, a 91-year-old former hedge fund manager, has some tips for a long life. "Minimize the chance of really bad outcomes of one sort or another," Thorp told Bloomberg. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTake it from a 91-year-old mathematician: Living a long, healthy life is like a game of probability. You want to "minimize the chance of really bad outcomes of one sort or another," Edward Thorp, a mathematics professor, hedge fund manager, and blackjack player, told Bloomberg.

Persons: Edward Thorp, Thorp, — Organizations: Bloomberg, Service, Business

☆ The antiaging multimillionaire chasing immortality has shared photos of his wild facial transformation
▼ + stars: | 2024-04-10 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Bryan Johnson shared his facial transformation pictures online — sparking a strong reaction. Most of those reacting on X said Johnson looked his best before he began his antiaging regimen. X users reacted quickly with their thoughts — which weren't exactly supportive. I'm transitioning... pic.twitter.com/6AU5mtU5j6 — Zero /dd (@bryan_johnson) April 9, 2024One X user wrote, "tries to stop aging…. He then asked X users to vote on when he "peaked."

Persons: Bryan Johnson, X, Johnson, — Organizations: Service, Braintree

☆ Business schools are now encouraging students to use AI as they race to prepare them for a new job market
▼ + stars: | 2024-04-07 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Business schools are now integrating AI into their curriculums to keep graduates competitive. AdvertisementBusiness schools are going all in on AI to keep their graduates competitive in the job market. And at some schools, professors are even building their own specialized AI chatbots to teach students soft skills. In the fall, American University's Kogod School of Business plans to "infuse AI into every part of our curriculum," its dean, David Marchick, said in a video on the school's website. This story is available exclusively to Business Insider subscribers.

Persons: —, David Marchick, Kogod Organizations: Service, Kogod School of Business, Wall Street, Business Locations: Columbia

The "Big Four" accounting firms employ about 1.3 million people worldwide. Business Insider analyzed data to determine how much accountants and consultants are paid at these firms. AdvertisementThe so called "Big Four" accounting firms — Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young (EY) — are known for paying their staff high salaries. Business Insider analyzed the US Office of Foreign Labor Certification's 2023 disclosure data for permanent and temporary foreign workers to find out what PwC, KPMG, EY, and Deloitte paid US-based employees for jobs ranging from entry-level to executive roles. AdvertisementHere's how much Deloitte, PwC, KPMG, and EY paid their hires.

Persons: —, Ernst, Young, EY Organizations: Service, Deloitte, PricewaterhouseCoopers, KPMG, Business, of Foreign Labor, EY, PwC

☆ Workers say employers should pay for their commute if they want them back in the office
▼ + stars: | 2024-04-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

8 out of 10 workers in a new survey said a free commute would persuade them to return to the office. The average commute cost has surged drastically since the pandemic. Ringover surveyed remote workers (or those who were remote until recently) about what it would take for them to be down to return to the office. And while commute times in several cities have shortened since the pandemic, the average one-way office commute is still about 27 minutes, according to The New York Times. That's about an hour spent going back and forth between work every day, and many remote workers now see that as time that could be put to better use in their personal lives.

Persons: —, That's, There's Organizations: Workers, Service, The New York Times Locations: Bankrate, West Virginia, North Dakota

☆ McKinsey amps up pressure on staff to perform as the consulting business slows
▼ + stars: | 2024-03-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

McKinsey sent memos to some staff that the clock is ticking for a promotion, Bloomberg reported. The consulting business is rough right now as business dries up. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Consulting firm Deloitte embarked on a massive overhaul of its global operations to cut costs. "We have always maintained a high bar for performance and for attracting and developing exceptional people," a spokesperson for McKinsey told Business Insider by email.

Persons: — Organizations: McKinsey, Bloomberg, Service, Management, McKinsey & Co, Accenture, Deloitte Locations: North America

☆ Your guide to setting up the ultimate home office in 2024
▼ + stars: | 2024-03-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +7 min

So it's worth investing in a home office setup that maximizes comfort and productivity. AdvertisementThe pandemic upended the corporate world by shifting millions of people from office desks to kitchen counters, couches, and dining tables. Whether in a fully remote role or a hybrid one, investing in a good home office can pay dividends by improving your productivity and overall well-being. So, if you want to score well on Room Rater (the X account that judges everyone's Zoom backdrops), create a Zoom wall. If someone travels regularly for work, Chia suggests hanging a large map on the wall.

Persons: —, Jonathan Puleio, Puleio, Lisa Zaslow, Zaslow, they're stackable, Katherine Chia, Desai, Chia, it's Organizations: Service, Humanscale Consulting, Gotham Organizers Locations: New York

☆ The Citigroup division beset by sexual-harassment claims was also the worst performer among big banks
▼ + stars: | 2024-03-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Bloomberg reported new details about sexual harassment in Citigroup's equities division. A former managing director filed a lawsuit last year, saying the toxic culture persisted until 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The bank's equities division, which helps hedge funds execute trades, has been plagued by a culture of "persistent harassment and discrimination," Bloomberg reported after interviewing 22 people who "worked in or closely with the equities division." This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Bloomberg, Service, Citigroup, Business

☆ AI execs who urgently need more energy to power their tech revolution are turning to fossil fuels
▼ + stars: | 2024-03-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Despite earlier commitments, some executives now say clean energy may not meet AI's growing needs. That could force AI companies to rely more on fossil fuels than they hoped. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The annual energy conference draws thousands of executives to Houston to discuss topics ranging from geopolitics to the energy transition.

Persons: — Organizations: Service, P Global, Street Journal, Business Locations: Houston

☆ The US government is running out of funding for a program that could cut internet access for millions of Americans
▼ + stars: | 2024-03-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Read previewMillions of Americans risk their internet access being disrupted if a critical government program runs out of funding next month. The Affordable Connectivity Program has been helping low-income households access the internet since the Federal Communications Commission launched it in 2021. Once the program ends, some ACP subscribers say they'll need to work more just to stay online. AdvertisementAccording to the outlet, ACP recipients are about 15% of Siyeh Communications' customer base, or about 2,000 subscribers in the Blackfeet reservation. The FCC, Sohn, Siyeh Communications, and the White House did not immediately respond to a request for comment from BI.

Persons: —, Gigi Sohn, Kamesha Scott —, Louis, I'm, Brian DeMarco, Sohn Organizations: Service, Federal Communications Commission, FCC, Business, Biden, Comcast, Benenson, CNN, Independents, Siyeh Communications, Fierce Telecom, White Locations: St, Montana

☆ All the ways Apple is a monopoly, according to its critics
▼ + stars: | 2024-03-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Here are some of the ways the DOJ says Apple is a monopoly. AdvertisementHere are a few ways the DOJ argues that Apple maintains a tight hold over the iPhone ecosystem — and keeps competitors out. The suit argues that Apple sets conditions for the apps it allows on the App Store and imposes anti-competitive rules and regulations. The suit argues that Apple makes third-party messaging apps on the iPhone "worse" than Apple messages. Digital WalletsIt's becoming more common for iPhone users to pay for items with Apple Pay, the company's digital wallet system.

Persons: —, Apple, iPhones Organizations: Department, Apple, DOJ, Service, Big Tech, Business, Digital Markets, Netflix, Hulu, Watch, Samsung Galaxy Watch, Apple Pay

☆ Consulting firms are cutting projections and tightening their belts as demand for their work slows
▼ + stars: | 2024-03-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Major consulting firms are seeing demand for their services slow. AdvertisementAccenture said in its quarterly report that consulting revenue for the second fiscal quarter, which ended on February 29, fell about 3% compared to 2023. Major consulting firms across the board are facing waning demand from clients. Some consulting firms are surviving the slowdown by reorganizing. AdvertisementDespite all the doom and gloom , one bright spot for consulting firms is the promise of AI.

Persons: —, Julie Sweet, Joe Ucuzoglu Organizations: Consulting, Accenture, Deloitte, Service, Financial

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