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Read previewArtificial intelligence is redefining what it takes to be a software engineer on Wall Street. A typical software developer holds a computer science degree. Goldman Sachs' chief information officer, Marco Argenti, recently encouraged his daughter, a college student, to concentrate her education on philosophy if she wants to pursue a career in engineering. AdvertisementZafar said he's paying more attention to people with "a computer science degree and an English minor," or "a psychology major and a computer science minor." Advertisement"That software engineer might get replaced by a sort of prompt engineer," Vyas said.
Persons: , Goldman Sachs, Marco Argenti, Argenti, he's, it's, Citi's, Shadman Zafar, Zafar, Jensen Huang, Ken Griffin, Deepali Vyas, Korn, Vyas Organizations: Service, Wall, Business, Harvard, Amazon Web Services, Nvidia, World, Citadel Locations: Dubai
Workers with AI skills earn up to 40% more than those without them, new research finds. It comes as companies increasingly aim to hire staff with specialized AI skills. The study, which surveyed 25,000 freelance workers, showed that knowledge of machine learning, open-source AI software, and deep learning salaries were the skills employers valued the most. Speaking at the Google Cloud Next conference in London earlier this month, Unilever chief technology officer Adam Raeburn-Jones said AI skills will be a crucial factor in future hiring decisions. Stephan Pretorius, CTO of advertising agency WPP, said his company was now hiring people with specialist AI skills, and that employers would have to battle to attract young workers with AI expertise.
Persons: , Fabian Stephany, Adam Raeburn, Jones, Jobseekers, Raeburn, Stephan Pretorius Organizations: Service, Workers, Research, Oxford Internet Institute, University of Copenhagen, Google, Unilever, WPP, Columbia University Locations: London
AdvertisementAdvertisementArvind Krishna, the CEO of IBM, has some thoughts for young professionals worried about what AI means for their working lives. Developing critical thinking skills is the key to future-proofing your career against AI, he said in an interview with London's Sunday Times. The 61-year-old, who's spent his entire career at IBM, doesn't think AI will have as much impact as some fear. He predicts that only 6% of the workforce is at risk of having their job replaced by AI. While the IBM CEO is not worried about the threat to jobs, Krishna told the Sunday Times that other fears surrounding AI are more well-founded.
Persons: Arvind Krishna doesn't, Krishna, , Arvind Krishna, who's, MUGoI4mU8K, — Arvind Krishna, There's, Goldman Sachs Organizations: Service, IBM, London's Sunday Times, Bloomberg, Goldman, Sunday Times, Safety, Bletchley Locations: @IBM, London
Surf City USA —for a financial conference. A financial conference on a beach? Reinventing the financial conferenceWelcome to FutureProof, billed as "the largest gathering of top-tier wealth management professionals, CEOs, CTOs, COOs, and fast-growing financial advisors." It's the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. "Coming out of the pandemic, it was obvious to us that the traditional financial conference was past its sell-by date," Ritholtz told me.
Persons: Tang, Redman, They're, Jeremy Siegel, Jeff Kleintop, Charles Schwab, Emily Roland, John Hancock, Cliff Asness, Jeff Gundlach, maven Jan van Eck, Barry Ritholtz, Josh Brown, Ritholtz, FutureProof, You'll, Goldman, Goldman Sachs, Morgan Stanley, JP Morgan, RIAs, Dan Ives, Scott Wapner, Siegel, Morningstar, Christine Benz, Jeffrey Ptak, Ben Johnson, podcasters Michael Batnick, Ben Carlson, Wu, Tang Clan Organizations: Wharton, Ritholtz Wealth Management, Chiropractic, Health, Investment Advisors, CNBC, Financial Locations: Huntington Beach , CA, Huntington Beach , California, Surf, Huntington Beach, AQR, DoubleLine, FutureProof, COOs, Wells, Wedbush, Young
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.
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.
[1/5] Javier Ramiro, Co-Chief Scientific Officer of Spanish indoor hops farming start-up Ekonoke controls the plantation of hops in Alcobendas, Spain, March 23, 2023. "We're on a mission to save the world's beer," Ines Sagrario, chief executive and co-founder of Ekonoke, told Reuters. Strict hygiene measures such as protective clothing for staff ensure the space remains pest-free, taking the pesticides on which traditional farming often depends out of the equation. The most obvious challenge indoor farming faces, he said, is its high energy cost. "Demand from breweries is quite inelastic; you can't make beer without hops and they don't want to produce less," Sagrario said.
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