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Emad Mostaque - 1 you'll - 1 Mostaque — - 1 Insider's Aaron Mok - 1 Jacob Zinkula - 1 Thomas Dohnke - 1 Insider's Thomas Maxwell - 1
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☆ A top AI expert says most outsourced coders in India will be out of a job in 2 years thanks to the technology
  + stars: | 2023-07-18 | by ( Kai Xiang Teo | ) www.businessinsider.com   time to read: +2 min
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
☆ Jack Dorsey says Elon Musk was the 'only alternative' for Twitter because it would have 'never survived' as a public company
  + stars: | 2023-04-29 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +2 min
Jack Dorsey said Elon Musk had been the "only alternative" to Twitter falling into the wrong hands. Twitter would "never" have survived as a public company, the former CEO said on Bluesky. Jack Dorsey said Elon Musk was the "only alternative" to Twitter being taken over by "Wall Street activists" even if he didn't turn out as the "best possible" leader for the company. But in response to a question from Insider's Thomas Maxwell, Dorsey said: "The company would have never survived as a public company. Would you rather have had it owned by hedge funds and Wall Street activists?"
☆ Big Tech employees are getting culled. Their European colleagues get stronger labor laws and softer landings.
  + stars: | 2023-04-11 | by ( Riddhi Kanetkar | Jyoti Mann | ) www.businessinsider.com   time to read: +11 min
European Big Tech employees have better labor protections"There are regulations in Europe that apply to collective situations, based on European law: the so-called Mass Dismissal Directive," said Dr. Jordan. But in January, Twitter employees were reported to have been paid just one month's severance, according to CNN. Twitter employees in other European hubs such as Germany, Spain, Ireland, and the UK are also pushing back, with the help of the countries' labor laws and unions. Twitter employees in Germany have also worked with the Verdi union to push Twitter into making a better severance offer, Fortune reported. The process could take months instead of weeks, Brittin added — another testament to Europe's stronger labor protections for its employees.
☆ AI might revolutionize how we borrow money. But is that a good thing?
  + stars: | 2023-03-09 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
But a recent report by Credit Suisse on the use cases for both ChatGPT and AI in finance caught my eye. AI models are only as good as the data they receive, which leaves them susceptible to bias, just like humans. A top-performing hedge fund is looking to team up with one of the hottest tech tools. Izzy Englander's Millennium Management told clients that it'll expect to get paid regardless of whether the hedge fund actually makes money for its investors, according to Bloomberg. The billionaire hedge fund manager believes all signs are pointing towards a recession.
☆ Google called on cofounders Larry Page and Sergey Brin in ChatGPT fightback after issuing a 'code red', report says
  + stars: | 2023-01-21 | by ( Sam Tabahriti | ) www.businessinsider.com   time to read: +3 min
Google asked Larry Page and Sergey Brin for help combatting ChatGPT, per The New York Times. The release of OpenAI's writing bot sparked concerns over the future of Google's search engine. The release of ChatGPT on November 30 has sparked internal concerns over the continued dominance of Google's search engine. Vic Gundotra, a former senior vice president at Google, told The Times the cofounders had always been keen on AI. Page was reportedly unimpressed with a new Gmail feature in 2008, saying: "Why can't it automatically write that email for you."
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