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Many workers have expressed fears that the technology will show up at the office like a young gun coming for their job. Williams expects some of the biggest gains from AI won't center on what companies and workers are doing now. Instead, he sees major wins coming from what workers aren't doing but that AI could. Filling in when help is scarceOne reason jobs sometimes aren't getting done is because there aren't always enough workers. If AI could be deployed to help with this work, the time the task takes might get cut in half, Holding said.
Persons: Heather Holding's, she'd, couldn't, let's, Ron Williams, Williams, that's, Jérôme Pesenti, Pesenti Organizations: AIs, Facebook
Meta in 2020 officially formed the Responsible AI (RAI) team with about 30 members of staff. Over the last year, the group's numbers have dwindled, according to five people familiar with the company and its AI work. A shrinking of the RAI team comes at a time when AI has become a global phenomenon . The Responsible AI team was restructuredJerome Pesenti, who was vice president of Meta's AI group, including the RAI team, left last summer and founded his own AI company Sizzle AI. Compliance is important work as RAI workers try to keep Meta's AI work in line with upcoming rules and regulations .
Persons: it's, Mark Zuckerberg's, Meta, Zuckerberg, They're, Jerome Pesenti, Mike Schroepfer, Andrew, Boz, Bosworth, Pesenti, Esteban Arcaute, Kali Hays Organizations: Meta, RAI, Facebook, Social, Twitter Locations: khays@insider.com, @hayskali
Sizzle AI is a new AI tutoring chatbot startup where students can get help with STEM homework. Sizzle AI was founded by an ex-Meta vice president and just raised $7.5 million in seed funding. Sizzle AI has launched in both the Apple App store and Google Play store and just raised $7.5 million in seed funding led by Owl Ventures, with participation from 8VC. Other AI tutoring chatbots have popped up in recent months, most notably Khan Academy's Khanmigo chatbot. See the pitch deck that Sizzle AI used to raise $7.5 million in seed funding:
Persons: Jerome Pesenti, Pesenti, Khan, Sizzle, Emily Bennett Organizations: Meta, Apple, Google, Owl Ventures, 8VC
Does a recession in Europe hurt the US?
  + stars: | 2023-06-13 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
New York CNN —Slow consumer spending and sticky inflation have led to two consecutive quarters of economic contraction in the European Union. That means that the eurozone fell into a recession over the winter months, and growth this year is likely to be weak. If Europe sneezes, the economists ask, is it possible that the United States catches a cold? Akinci and Pesenti recently examined whether economic crises in Europe have affected the United States over the past thirty years. Strong employment and higher wages can mean higher inflation as companies pass on increased labor costs by raising the price of goods.
Persons: they’re, Ozge Akinci, Paolo Pesenti, , we’ll, We’ll, Janet Yellen, Emmanuel Macron, , Goldman Sachs, David Solomon, , Solomon, ” Solomon, haven’t, It’s, Alicia Wallace Organizations: CNN Business, Bell, New York CNN, European Union, Federal Reserve Bank of New, Organisation for Economic Co, US Federal Reserve, French, CNBC, Federal, CPI, Federal Reserve Locations: New York, United States, Europe, Federal Reserve Bank of New York, Greece, France
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