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☆ Perplexity CEO slams Google's Gemini for creating flawed images: 'It's not a small bug'
▼ + stars: | 2024-03-17 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Perplexity CEO Aravind Srinivas weighed in on Google's Gemini drama in an interview with The Verge. He criticized Google's handling of the situation and said the issue was " easy to catch in testing." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Aravind Srinivas, chief executive of AI search-engine startup Perplexity, said Google's flub with Gemini was avoidable in a recent interview with The Verge. This story is available exclusively to Business Insider subscribers.

Persons: Aravind Srinivas, Perplexity, —, Google's, Gemini Organizations: Service, Google, Business

☆ I spent my mid-20s managing my autoimmune disease. Autoimmune patients are underserved, so I started a health company to address the problem.
▼ + stars: | 2024-03-17 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

When I hit my 20s, my health started to change. I also learned that I had Lyme Disease — maybe from a tick bite at Yosemite — which can trigger autoimmune responses. And since 80% of autoimmune patients are women, it became clear to me that this was a women's health crisis that no one was paying attention to. In 2022, I launched WellTheory, a virtual care platform that offers evidence-based nutrition and lifestyle coaching to mitigate autoimmune symptoms. You don't need to look sick to be sick, so they often fly under the radar at workplaces.

Persons: Ellen Rudolph, — Organizations: Yosemite Locations: Yosemite, New York

☆ Former Salesforce exec says artificial general intelligence should be able to set its own goals, and that's still a long way off
▼ + stars: | 2024-03-17 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

AI experts hold varying views on the concept and timeline of artificial general intelligence, or AGI. AI expert Richard Socher said enabling AI to set its own goals would be a significant milestone. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you've been following developments in AI, you may have come across the term artificial general intelligence, or AGI. This story is available exclusively to Business Insider subscribers.

Persons: Richard Socher, Socher, we're, —, you've, we'll, OpenAI, it's Organizations: Service, Business

☆ Middle managers are on the chopping block, accounting for almost a third of layoffs last year
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Middle managers' confidence in companies' outlooks is decreasing due to layoffs and burnout. And between layoffs, fights over remote work, and increased workload, many middle managers are simply burned out. Middle managers have been feeling the heat since early last year when Meta embarked on its mandate of efficiency. Meta CEO Mark Zuckerberg said he didn't want to see so many "managers managing managers, managing managers, managing managers, managing the people who are doing the work" during an internal Q&A session in January 2023. Some top executives, however, say that cutting middle managers could threaten productivity.

Persons: —, Meta, Mark Zuckerberg, McKinsey Organizations: Bloomberg, McKinsey, Service, Technologies

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

☆ The next breakthrough for longevity obsessives: measuring organ age
▼ + stars: | 2024-03-10 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Biological age has become a buzzword in longevity circles and is "the true age that our cells, tissues, and organ systems appear to be, based on biochemistry," according to the National Institute on Aging. The latest breakthrough in longevity research suggests there may be a way to measure the age of specific organs. A recent study in Nature utilized machine learning models to analyze the age of 11 major organs for 5,676 adults. AdvertisementKnowing your "oldest organ" might also tell you more about your health trajectory — and the age-related diseases you could develop — than your biological age. The study found that individuals with accelerated heart aging, for example, have a 250% higher risk of heart failure.

Persons: multimillionaire Bryan Johnson, he's, Bloomberg, It's, Dr, James Kirkland Organizations: Bloomberg, National Institute, Aging, Wall Street, Mayo Clinic

☆ ChatGPT uses 17,000 times the amount of electricity than the average US household does daily: report
▼ + stars: | 2024-03-10 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

ChatGPT uses more than half a million kilowatt-hours of electricity daily, The New Yorker reported. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The publication reported that the average US household uses around 29 kilowatt-hours daily. Dividing the amount of electricity that ChatGPT uses per day by the amount used by the average household shows that ChatGPT uses more than 17 thousand times the amount of electricity. "You're talking about AI electricity consumption potentially being half a percent of global electricity consumption by 2027," de Vries told The Verge.

Persons: —, buzzy, Alex de Vries, de Vries, Vries, OpenAI Organizations: Yorker, Service, New Yorker, Dutch National Bank, Joule, Big Tech, Nvidia —, Cisco, New Street Research, CNBC, Samsung, Microsoft, Consumer Energy Solutions Locations: New, Kenya, Guatemala, Croatia

☆ Nvidia boss Jensen Huang believes CEOs should have the most direct reports
▼ + stars: | 2024-03-09 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Huang, who oversees 50 direct reports, said that "by definition," CEOs should have the most direct reports of anyone at a company. And taking on more direct reports could help CEOs level the playing field, too. And while Huang manages more people than other big-name CEOs (Amazon CEO Andy Jassy has 16 direct reports), Nvidia has close to 30,000 employees, according to a company report from 2023. While Huang might be an outlier (and overachiever) as a manager, the number of direct reports CEOs are taking on is on the rise. CEOs' direct reports doubled from five in the mid-1980s to close to 10 in the mid-2000s, according to the Harvard Business Review.

Persons: —, Jensen Huang, doesn't, . Huang, Huang, chipmaker, Andy Jassy, Hal Gregersen Organizations: Service, Stanford's Graduate School of Business, Business, Nvidia, Harvard Business, MIT Leadership Center Locations: .

☆ James Keyes' daily routine: The schedule of the former 7-Eleven CEO who flew his own plane for business trips
▼ + stars: | 2024-03-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

James Keyes, who spent over two decades at 7-Eleven, served as CEO from 2000 to 2005. As CEO, Keyes told Business Insider he had long workdays and slept around five hours a night. "Basically, a big portion of the CEO's job is communications," Keyes said. So, if it wasn't a sampling day, he'd usually have a salad brought in, and eat it between meetings. He'd usually start winding down by 11 p.m., spending the last hour of his day reading materials in preparation for the morning.

Persons: —, isn't, James Keyes, Keyes, he's, Sam Walton's playbook, you've, he'd Organizations: Service, Business, Walmart, Foods Locations: Dallas

☆ Researchers just discovered a massive 'jacuzzi bubbling with almost pure hydrogen' — a lucrative source of clean energy
▼ + stars: | 2024-03-03 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

A team of researchers recently discovered a massive reservoir of hydrogen in a mine in Albania. The reservoir could be a potential source of clean hydrogen energy. But recently, a team of researchers uncovered a massive reservoir of hydrogen buried in a mine in Albania that could serve as a source of clean, hydrogen energy . If the hydrogen in the mine can be safely harnessed, the researchers believe it could be a key energy source. One of the initiative's goals is for the hubs to produce "more than three million metric tons of clean hydrogen per year," about one-third of the 2030 US clean hydrogen production goal.

Persons: —, Laurent Truche, Joe Biden Organizations: Service Locations: Albania, Albania's, Tirana, Gulf Coast, Pacific Northwest, Appalachia

☆ Task associates and paralegals are some of the loneliest workers in the country
▼ + stars: | 2024-03-02 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Task associates and paralegals are among the loneliest jobs in the country, a new study shows. Task associates, who stock merchandise in retail stores, reported the highest levels of loneliness, according to a new study from Solitaired. "While that might sound like a job beaming with human interaction with customers, it's not always the case," the study's author, Neal Taparia, told Business Insider. Senior paralegals, in particular, ranked as the second loneliest job, suggesting that the higher up the corporate ladder someone is, the lonelier they might be. And paralegal roles have evolved over the years to include substantive legal work — without the title or pay grade of a full-time lawyer.

Persons: —, it's, Neal Taparia, Taparia, Jasmine Gavigan Organizations: Service

☆ It might be better to quit than stay at that job you hate
▼ + stars: | 2024-03-01 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Workers say one top regret is staying at a job too long, according to a survey by Resume Now. More people said they regret staying too long at a job over quitting. Workers say they regret not taking action over their careers over acting too soon. It might be better to quit than continue sticking it out in hopes it'll improve. Conversely, only about two in five workers said they regret quitting a job.

Persons: —, it'll, Debbie Sorensen, Sorensen Organizations: Workers, Service Locations: UK, Germany, France, Denver

☆ Olive oil prices are skyrocketing. Here's how my startup is managing to keep costs low.
▼ + stars: | 2024-02-25 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

This as-told-to essay is based on a conversation with Andrew Benin, the cofounder of olive oil startup Graza. Putting out a high-quality olive oil is difficult for a young brand, but it's even harder now as prices hit record highs. Before I launched Graza in early 2022, we purchased nearly 50,000 liters of olive oil from Italy for about $3.10 a kilo. If you know a bit about olive oil production, you'll know that extra virgin olive oil is extremely inefficient to produce — that's one of the reasons it's more expensive. Law enforcement agencies have seized tens of thousands of gallons of olive oil and arrested suspects worldwide for fraud in the past several months.

Persons: Andrew Benin, we've Organizations: Business, Walmart, Target Locations: Italy, Spain, Greece, Graza, We're

☆ Tyler Perry thinks AI can create movies almost as well as he can and is worried about Hollywood's future
▼ + stars: | 2024-02-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

The potential of AI convinced Tyler Perry to halt an $800 million expansion of his studios. Perry made the decision after seeing OpenAI's tool Sora, which can create complex video scenes. Perry warned that AI could threaten many jobs in the film industry. The $800 million project would have added 12 sound stages, backlots, sets, and more to the 330-acre property, which already ranks as one of the largest production facilities in the country. But the speed and sophistication of new AI technology, like OpenAI's new video tool Sora, convinced Perry to reconsider the expansion.

Persons: Tyler Perry, Perry, —, Madea, Sora, OpenAI Organizations: Service, Hollywood Locations: Atlanta

☆ Mark Zuckerberg says his daughter thought he was a cattle rancher for a while
▼ + stars: | 2024-02-18 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Meta CEO Mark Zuckerberg has a side hustle as a cattle rancher. If things don't pan out at Meta, Zuckerberg jokes about going full-time on the ranch. AdvertisementMeta CEO Mark Zuckerberg has so many hobbies these days that even his daughter isn't sure what he does for a living. Zuckerberg recently took on a new hobby as a cattle rancher, adding to his growing list of tech exec extracurriculars that include mixed martial arts, hydrofoiling, and CrossFit. And, now, his daughter is starting to wonder whether he's a full-time cattle rancher instead of the head of a trillion-dollar tech company with ambitions of building a sweeping virtual world.

Persons: Mark Zuckerberg, Zuckerberg, —, isn't Organizations: Meta, Service, Business

Young workers are pushing back against Dave Ramsey's financial advice on TikTok. You’ll spend $22,995 over the course of 30 years,” Ramsey’s financial advice company, Ramsey Solutions, writes in a post on its website. But younger workers say buying a home in cash isn’t feasible when home prices are skyrocketing nationwide. AdvertisementYounger generations began questioning Ramsey’s advice on homebuying even before the anti-Ramsay rhetoric began trending on TikTok. Sarah Martinez Shaw, who grew up on Ramsey’s advice, told BI his tips left her in a tough spot .

Persons: Dave, —, Dave Ramsey, Gen Z, “, “ You’ll, You’ll, ”, ” Jarrod Benson, Ravin, Mercer, Gen, Ramsey, ” Josh Benson, Ramsay, Sarah Martinez Shaw, Ramsey “ Organizations: Service, Wall Street, Ramsey Solutions, Orlando, Business, America Locations: TikTok, ”, West, United States, Dallas

☆ The 'work-from-home weekend' may be on its way out
▼ + stars: | 2024-02-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Deutsche Bank won't let employees work from home on both Fridays and Mondays, Bloomberg reported. 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 latest firm to ramp up its office attendance policies is Deutsche Bank, which will now require workers to come in at least three days a week, according to Bloomberg . That means workers will have to bid goodbye to their long “work-from-home weekend.”This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Deutsche Bank, Bloomberg, Service, Business

☆ Guys in tech, finance, and other white-collar jobs are paying stylists thousands of dollars to dress them
▼ + stars: | 2024-02-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

These stylists charge thousands to help workers balance professional and casual styles. So white-collar workers in tech, law, and finance are turning to professional stylists to help them navigate their sartorial confusion. And they’re willing to shell out thousands of dollars to nail the right balance of cool and professional. Those hiring a professional stylist should be prepared to swap their $50 shirts for ones closer to the $250 range, Michelle Sterling, a professional image consultant previously told Business Insider. AdvertisementFinding the right style for your corporate jobSome white-collar stylists start by assessing their clients’ personalities before they start dressing them.

Persons: —, Michelle Sterling, Brunello Cucinelli, Sterling, Peter Nguyen, Cassandra Sethi, Nate Dudek —, Ted Baker, Jacci Jaye, Jaye, Sylvie di Giusto Organizations: Service, Wall Street Journal, Consulting Locations: New York, Patagonia

☆ Former Salesforce exec says large language models must learn how to code if they want to level up
▼ + stars: | 2024-02-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Former Salesforce exec Richard Socher spoke about AI models on a Harvard Business Review podcast. He said one way to improve AI significantly is to make it program responses — not just predict them. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On a Harvard Business Review podcast last week, Socher said we can level up large language models by forcing them to respond to certain prompts in code. This story is available exclusively to Business Insider subscribers.

Persons: Richard Socher, —, we've, Socher Organizations: Harvard Business, Service, Business

☆ For $350, you too can have glasses with 'AI superpowers' (and look like a modern-day Gandhi)
▼ + stars: | 2024-02-11 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Brilliant Labs — a Singapore-based startup funded by the creator of Pokemon Go — just released Frame, a $350 pair of non-prescription glasses powered by a multimodal AI assistant called Noa. The glasses project visuals and information directly onto the lenses, so wearers can prompt them with requests for information about almost everything they see or hear. Frame projects visuals and information directly onto the lenses of the glasses. Similarly, the glasses can query both available live web sources and GPT-4 for nutritional information, Tavangar said. The AI startup Humane launched a nearly $700 Ai Pin in November that combines voice command with AI to answer questions, summarize texts, translate languages, and play music.

Persons: —, Noa, they’re, John Lennon, Steve Jobs, Gandhi, Justin Sullivan, OpenAI’s, Bobak Tavangar, Tavangar, ” Tavangar, Pin Organizations: Service, Business, Staff, Labs, buzzy Locations: Singapore

☆ 3 students won $700,000 for using AI to translate 2 tweets worth of text from previously unreadable ancient scrolls
▼ + stars: | 2024-02-10 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Three students won the Vesuvius Challenge for uncovering text in the Herculaneum papyri. The students were awarded a $700,000 prize after using AI to uncover the passages. “This is the society from which the modern Western world is descended.”The Herculaneum papyri were buried thousands of years ago during the eruption of Mt. The Vesuvius Challenge hopes entrants will help uncover about 90% of the first four scrolls. AdvertisementThe founders of the Vesuvius Challenge hope they’ll be able to crack open and read the entirety of all 800 scrolls in the next few years.

Persons: —, Youssef Nader, Luke Farritor, Julian Schilliger, ” Nader, Julius Caesar’s, ” Robert Fowler, Salvatore Laporta, Nat Friedman, Daniel Gross, Brent Seales —, Seales, uncracked, Philodemus, Friedman, …, fihs9ADb48 — Nat Friedman, they’ll Organizations: Service, Freie University, Wall Street, University of Nebraska, ETH Zurich, Villa, Herculaneum Society, Bloomberg Locations: Berlin, Switzerland, Vesuvius, Italian, Herculaneum

☆ US lawmakers question the loyalties of McKinsey and other big American consulting firms over their work in Saudi Arabia
▼ + stars: | 2024-02-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

American consulting shops like McKinsey & Co., BCG, Teneo, and M. Klein & Co. are helping Saudi Arabia diversify its oil-dependent economy through its lucrative Public Investment Fund. This story is available exclusively to Business Insider subscribers. Saudi Arabia, though, has imposed strict rules on what information the American consulting companies can share with the US government, and that's irked some American lawmakers. AdvertisementSo much so that Congress forced the heads of McKinsey, BCG, Teneo, and M. Klein & Co. to testify this week about their failure to comply with subpoenas regarding their firms' work with Saudi Arabia . BCG, Teneo, and M. Klein & Co. did not respond to a request for comment from Business Insider.

Persons: —, Cristiano Ronaldo, Sen, Richard Blumenthal, Bob Sternfels, Rich Lesser, Blumenthal, Michael Klein Organizations: Service, McKinsey & Co, Klein, Co, Public Investment Fund, Business, Saudi, Al, McKinsey, Investigations Locations: Saudi Arabia, United States, Saudi

☆ McKinsey's 'unsatisfactory' performance warning for 3,000 workers is the latest bad news for big consulting companies
▼ + stars: | 2024-02-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

McKinsey & Company has recently given some 3,000 staffers poor performance ratings, which are internally known as “concerns,” according to Bloomberg . This story is available exclusively to Business Insider subscribers. The fraction of employees who received these ratings remains consistent with numbers from previous years, a spokesperson for McKinsey told Bloomberg. New hires at major consulting firms, especially, are worried about how all the idle time will impact their performance reviews. McKinsey did not respond to a request for comment from Business Insider but a spokesperson told Bloomberg that the company has "always maintained a high bar for performance."

Persons: they’ve, that's, ” Organizations: McKinsey & Company, Bloomberg, Employees, Business, McKinsey, New

☆ I used Google's new AI Art Selfie feature to become a 'Girl with a Pearl Earring'
▼ + stars: | 2024-01-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

This story is available exclusively to Business Insider subscribers. Earlier this week, Google launched Art Selfie 2 — a new feature under its Arts & Culture app that uses generative AI to blend your selfies into over 25 artistic styles. Art Selfie 2 is a revamp of a feature Google launched in 2018, which compared your selfies with famous works of art. Business Insider reached out to Google for additional comment on the specific AI technology its new tool relies on. AdvertisementHere's what it's like to use the Art Selfie 2 feature.

Persons: —, I've, Auguste Renoir's, Johannes Vermeer's Organizations: Service, Business, Google, Arts &, Boating Party

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA slew of companies across the tech, media, finance, and retail industries made significant cuts to staff in 2023. Major tech players like Google and Meta, finance giants like Goldman Sachs, and manufacturers like Dow all announced layoffs. Thirty-eight percent of business leaders surveyed by ResumeBuilder think layoffs are likely at their companies in 2024, and around half say their companies will implement a hiring freeze. Major tech companies like Dropbox, Google, and IBM have already announced job cuts as part of a new focus on AI.

Persons: —, Goldman Sachs, ResumeBuilder, they'll Organizations: Service, Google, Meta, Dow, Business, IBM

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