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☆ Working in Silicon Valley used to be fun. Now it's just another miserable corporate gig.
▼ + stars: | 2023-10-17 | by ( Aaron Terrazas | ) www.businessinsider.com time to read: +12 min

For the first time in a long time, tech workers are in a funk. This rare combination of generous compensation and a reasonable work-life balance kept tech workers happier than employees in other industries. Economy wide, there were on average 6.6 front-line workers per manager in 2018 and 2019, but post-pandemic, the ratio dropped to 6 to 1. It's possible that as tech companies have grown into more complex organizations, more management layers are necessary. Fundamentally, it's about listening to and elevating the voices of front-line employees.

Persons: —, Kristi Coulter, Aaron Terrazas Organizations: Linkedin, Tech, Wall Street, Federal Reserve, Microsoft, Amazon, California Bay, Austin , Texas —, Ford Motor Company, Intel Locations: Wall, California, California Bay Area, Austin , Texas, neckties

☆ Check out the giant ship critical to building the world's biggest offshore wind farm
▼ + stars: | 2023-10-16 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +5 min

As wind turbines get bigger, the vessels that install them are having to change, too. VCG | Visual China Group | Getty ImagesA project to build a facility described as "the world's largest offshore wind farm" took a big step forward this month by producing its first power. The sea in the Dogger Bank Offshore Development Zone is up to 63 meters deep, meaning the Voltaire's ability to work in deeper waters is crucial. "Off the Scottish coast, for example, expensive floating windfarms are often the only way to tap into offshore wind," he said. Søren Lassen is head of offshore wind research at Wood Mackenzie, a research and consultancy group.

Persons: De Nul Group's, GE Vernova's, Voltaire —, De, —, Jan De Nul Group's Voltaire, Voltaire, Jan De Nul, Jan De Nul's Rutger Standaert, Standaert, Søren Lassen, Wood Mackenzie, Lassen, David L, Ryan, Wood Mackenzie's Lassen Organizations: Visual China, Getty, Dogger Bank Wind, GE, Dogger Bank, Dogger Bank Offshore Development, COSCO Shipping Shipyard, CNBC, Boston Globe, GE Offshore, Blades, U.S Locations: China, North, Golden, Dogger, U.S

☆ Hollywood is building a $100 billion love-hate relationship with AI. Here's what's ahead, according to the top creative exec at 'Star Wars' VFX shop Industrial Light & Magic.
▼ + stars: | 2023-10-13 | by ( Reed Alexander | ) www.businessinsider.com time to read: +8 min

Harrison Ford has been donning the fedora and cracking the whip of the daring tomb-raider Indiana Jones for more than 40 years. The series' latest installment, "Indiana Jones and the Dial of Destiny," leans on myths from ancient Greece about a device that can supposedly turn back the hands of time. Indiana Jones suddenly looked generations younger — perfect for the movie's opening sequence, set during World War II. Founded in 1975 by celebrated "Star Wars" creator Geroge Lucas, ILM — a division of Lucasfilm, which also produces "Indiana Jones" — is at the forefront of this new Hollywood frontier. One of the team's biggest achievements has been speeding up the timeline by which filmmakers can implement these tools, Bredow said.

Persons: Harrison Ford, Indiana Jones, Moviemakers, Rob Bredow, Bredow, Ford, Jones, Robert de Niro, Al Pacino, Joe Pesce, lugged, Geroge Lucas, it's Organizations: Ford, Hollywood, Industrial, Lucasfilm, Netflix, ILM, Writers Guild of America, SAG, Grand View Research, Producers Locations: Greece, Hollywood

☆ Calls for AI regulations to protect jobs rise in Europe after ChatGPT's arrival
▼ + stars: | 2023-10-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI's ChatGPT and Google's Bard. Last year, 58% of people responded to IE University's study saying they think that AI should be regulated. Standing out from the rest of Europe, Estonia is the only country where this view decreased — by 23% — from last year. Generally, though, the majority of people in Europe are favorable of governments regulating AI to stem the risk of job losses. It comes as governments around the world are working on regulation for AI algorithms.

Persons: Google's Bard, Lionel Bonaventure, Ikhlaq Sidhu, Sidhu Organizations: Microsoft, Getty, IE University, IE, SciTech, IE University's, European Union Locations: Europe, Estonia

☆ We already have the tools we need to fight the climate crisis — but a 'green transition' will still take time, 5 sustainability leaders say
▼ + stars: | 2023-10-11 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Insider's climate advisory council convened recently for a roundtable discussion. They told us they're motivated by current innovation on the climate crisis, but labor is a hurdle. The advisory council is part of Insider's One Planet initiative, the optimist's destination for climate action. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Help wanted: skilled workersLabor is a hurdle for the green transition, said Donnel Baird, the founder and CEO of BlocPower.

Persons: Alyssa Gilbert, Ford, Cynthia Williams, Williams, It's, Donnel Baird, BlocPower, Baird, Omar Elmawi, He's, Elmawi, there's, we're, Elijah McKenzie, Jackson, McKenzie, We've Organizations: Service, Grantham Institute, Climate, Environment, Imperial College London, Ford Motor, EV, Labor, International Monetary Fund, Human Rights, Oil Locations: Europe, Kenya, Africa

☆ Tech Industry Made Americans Lonelier, Now It Has to Help Connect Us
▼ + stars: | 2023-10-10 | by ( David Risher | ) www.businessinsider.com time to read: +11 min

A company that prioritizes product-market fit can build a great, customer-focused business. The venture capitalist Marc Andreessen has said that for startups, product-market fit is "the only thing that matters." I appreciate Marc's wisdom: Great product-market fit produces a sugar high. And that goal is well aligned with the broader social goal of making people less lonely. Over time, it became apparent that this was not a great social fit.

Persons: I'm, Vivek Murthy, Robert Putnam's, Jeff Bezos, I've, Marc Andreessen, It's, haven't, Apple, Eventbrite, David Risher Organizations: Netflix, Apple, Amazon, Lyft Locations: —

☆ A Googler who quit amid mass layoffs says hiring is 'broken.' Check out the pitch deck he used to secure $1.3 million for his startup Candidate.fyi.
▼ + stars: | 2023-10-07 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

A Googler who quit the company just before mass layoffs has raised $1.3 million for his HR tech startup, Candidate.fyi. Connors resigned from Google at the end of 2022, shortly before the tech giant announced it would cull staff, and as layoffs hit the broader sector. Connors said the broader layoffs spree influenced his and his brother's decision to form a startup "earlier than expected." "The idea of Candidate.fyi had been brewing for a while, and the experience of mass layoffs … made me realize the urgency of addressing the broken candidate experience." Check out the 12-slide pitch deck the founders used to secure the fresh funding.

Persons: Chris Connors, Kyle Connors, Connors, Candidate.fyi, Google, SuperAngel.Fund Organizations: Google, Yext Locations: . New York

Making mistakes doesn't feel great, but they can provide some lessons you might not have learned otherwise. We asked this year's rising stars of Wall Street to open up about the biggest missteps of their careers so far and what they took away from them. Some shared their rookie errors — like slamming their laptop shut after forgetting to save their first big pitch deck or duplicating a trade — while others gave more reflective answers about how early career mistakes impacted their paths. We've got to iterate and change how we do things, and I think that's helped our team's process a lot. So my mistakes also brought me here, and everything that has been a mistake is always a learning experience.

Persons: there's, Luis Arteaga, David Trinh, you'll, Michael Dunn Goekjian, Tori Gilliland, didn't, It's, Andrew Almeida, Thoma Bravo I've, I've, Nadim Laiwala, Rachel Hunter, Goldman, Kristen Powers, Morgan Stanley, Sarah Sigfusson, Shanta Wu, Fred Michel, who's, Morgan, Neil Kamath, Rachel Barry, Chris Dell'Amore, We've, that's, Peter Gylfe, Ricky Mewani, Dominic Rizzo, Rowe Price, Lillian Qian Lin, of, Steve Schwarzman, Peter Peterson, Stephen Schwarzman, Blackstone, Patrick McGoldrick, Katya Brozyna, Michael Wilkinson, Yi Yi, Wells, Luna McKeon, —, Anne, Victoire Auriault, Goldman Sachs Organizations: Barclays, Delta, Barclays Bridgewater Associates, Bridgewater Associates, Apollo Management, Thoma Bravo, Moelis, US, Bank of, Fidelity, JPMorgan, BlackRock Blackstone, Citadel, Blackstone, Jefferies, Citadel Securities, Blue Owl, Goldman Locations: Bank, Evercore, Wells, Americas

From mobile banking and online bill pay to direct deposit and digital payment apps, the waves of cashless options seem to swell by the day leaving a steep learning curve in their wake. Digital payment apps are the new norm for teensI talked to Ruben Salazar Genovez, global head of Visa Direct, about the survey. According to the survey, digital payment apps like Venmo, PayPal, and Zelle are the second most popular form of payment, trailing behind cash, for transactions between parents and teens. As digital payment apps gain steam, that means financial literacy is more important than ever. Payment apps are creating new avenues for fraudEmerging technologies have given rise to new forms of fraud, and digital payment apps are no exception.

Persons: Xer, Ruben Salazar Genovez, I've, Genovez, it's Organizations: Visa, PayPal, Monopoly, Football, Banking

☆ PHOTOS: Ukrainian civilians are turning busted and salvaged vehicles into mobile rocket launchers with scavenged military hardware
▼ + stars: | 2023-09-29 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Photos show Ukrainian civilians turning damaged and recovered vehicles into mobile rocket launchers. Ukraine has long relied on its scrappiness, from capturing Russian weapons to turning cheap drones into deadly weapons. New photos show volunteer civilians helping to develop multiple launch rocket system (MLRS) from recovered Russian and Ukrainian military hardware previously damaged in battle. Two civilian volunteers work on the MLRS system with the guidance of a 31-year-old Ukrainian soldier. The US also agreed to send High Mobility Artillery Rocket Systems (HIMARS).

Persons: —, Chris McGrath, Biden, doesn't Organizations: Service, Getty, Ukraine, MLRS, US, High, Artillery Rocket Systems, Systems, Navy, Fleet, Kyiv, Neptune Locations: Ukraine, Ukrainian, Moscow, Germany, Russian

☆ Salesforce's chief trust officer is leaving less than 18 months in the role, internal memo shows
▼ + stars: | 2023-09-28 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Salesforce Chief Trust Officer Vikram Rao is leaving the company after less than 18 months in the role, according to an internal memo viewed by Insider. In an internal Slack message from earlier this year viewed by Insider, Rao said he was taking time off from June 3 to September 5. He became chief trust officer in June 2022. Salesforce Chief Technology Officer and cofounder Parker Harris will take on Rao's role while Salesforce searches for a replacement, according to the memo. Executive Vice President Mark Carter, whose purview included cybersecurity, left in November and Taher Elgamal, chief technology officer of security, left in February.

Persons: Vikram Rao, Rao, Srinivas Tallapragada, Vikram, Salesforce, Parker Harris, Harris, Neil Storey, Kelly McCracken, Laura Sawka, Jim Weise, Mark Carter, cybersecurity, Taher Elgamal Organizations: Salesforce, Technology, Security Assurance, Insider, Trust, Government Cloud Engineering Locations: Salesforce

☆ Russia's inflatable decoy tanks are 'not credible' and need to be way better to trick Ukraine, expert says
▼ + stars: | 2023-09-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

Russia is using inflatable tanks as decoys in Ukraine. The Russian decoys are too obvious and unlikely to trick Ukraine, he said. However — the imagery becomes a lot less intimidating once you realize that they are inflatable decoys and not real war machines. A Ukrainian UAV spots Russian inflatable decoys of T-72 tanks. Decoys — whether they're inflatable, wooden knockoffs , or high-quality lookalikes — can be highly effective on the battlefield, de Bretton Gordon continued.

Persons: —, Hamish de Bretton Gordon, they're, de Bretton Gordon, Bretton Gordon, Corbis, Gordon, Chris Panella, Anton Gerashchenko Organizations: Service, British Army Locations: Russia, Ukraine, Ukrainian

☆ Opinion | You Can Win in Business Without Being Unhinged
▼ + stars: | 2023-09-27 | by ( Jessica Grose | ) www.nytimes.com time to read: +2 min

I’ve read and watched many stories about the most heralded business leaders of the past few centuries. I’m not immune to the inherent drama of an arrogant rise, a spectacular fall or both. (For example, harassing job interviewees, firing people in front of crowds, attacking former employees of companies they purchased. Isaacson puts innovation first: This man might be a monster, but look at what he built! Whereas Mary Shelley, for instance, put innovation second: The man who built this is a monster!

Persons: I’ve, Walter Isaacson’s, Steve Jobs, Elon Musk, Aaron Sorkin’s, Jobs, Mark Zuckerberg, Jill Lepore, Isaacson’s, Isaacson, Franklin, Einstein, Leonardo da Vinci, Mary Shelley, Marisa Meltzer’s, Emily Weiss’s Glossier, ”, Meltzer, clichés, valorizes Weiss, Weiss, underling, Lauren Conrad, Whitney Port, Hunter Harris Organizations: The Times Locations: ”

Limp joins Blue Origin at a key phase of the company's multiple space projects. Earlier this year Blue Origin won a $3.4 billion NASA contract to build a lunar lander for the agency's astronauts. However, Blue Origin has since hired aggressively. Read Bezos' message to Blue Origin employees on Monday:I'm excited to share that Dave Limp will join Blue starting December 4th as CEO, replacing Bob, who has elected to step aside on January 2. JeffRead Smith's message to Blue Origin employees:Team Blue, It's been about six years since I joined Blue Origin.

Persons: Limp, Shepard, Smith, Panos Panay, Bezos, Alexa, Limp's, Andy Jassy, Jeff Bezos, Blue, Bob Smith, Origin's, Glenn, –, Read, Dave Limp, Bob, I'd, we've, We've, I've, Dave, Jeff Read, It's, Jeff, I'm, Ferociter, Dave Limp's Organizations: Amazon, Alexa, CNBC, NASA, Blue Origin, Bloomberg, Microsoft, Billionaire, Blue Origin's, Origin, Honeywell, Shepard, Pentagon, U.S . Space Force, Elon, SpaceX, Blue, Amazon Devices, Services, Apple Locations: Van Horn , Texas, U.S, Alabama, Florida, California , Arizona, Colorado, Kent

☆ Mark Zuckerberg and Priscilla Chan announced they're building a computing system to help eliminate human disease by 2100, but costs may be hefty
▼ + stars: | 2023-09-22 | by ( Maiya Focht | ) www.businessinsider.com time to read: +5 min

Priscilla Chan and husband Mark Zuckerberg announced plans to eradicate human disease by 2100. One researcher's excited by the potential, but said it'll likely take lots of time and money to complete. The data could be used to make new discoveries that completely eliminate human disease, Chan and Zuckerberg said in a statement. The Chan Zuckerberg Initiative, the couple's LLC, told The Register that they plan to have their product running by 2024. "AlphaFold has sparked a wave of innovation by showing people what's possible," Chris Bahl, the chief scientist at AI Proteins, previously told Insider.

Persons: Priscilla Chan, Mark Zuckerberg, it'll, Chan, Zuckerberg, I'm, Anne Carpenter, Carpenter, Chan Zuckerberg, CZI, Forbes, AlphaFold, Chris Bahl, Jeff MacGregor Organizations: Service, Broad Institute of Harvard, MIT, Chan Zuckerberg Initiative, San, Engadget Locations: Wall, Silicon, San Francisco

New York CNN —Nnete Matima said she was attracted to work at TikTok because of how the social media platform was “really built upon Black culture” and the work of Black creators. Matima is one of two Black former ByteDance employees who together filed a formal complaint with the US Equal Employment Opportunity Commission on Thursday. Their complaint asks the agency to investigate alleged racial discrimination and retaliation against Black workers at the social media giant. Shortly after starting his new role, Carter alleges, he discovered that he was being significantly underpaid compared to his colleagues. Joël Carter is one of two Black former TikTok employees who has filed a legal complaint against the company accusing it of racial discrimination and retaliation.

Persons: Nnete Matima, TikTok’s, George Floyd, ” Matima, ByteDance, Matima, Joël Carter, TikTok, Carter, Trump, “, ”, demoralizing ’ Carter, ” Carter, Joël Carter Carter, ’ ” Carter, Matima — Organizations: New, New York CNN, CNN, US, Employment, Black, America, TikTok Locations: New York, TikTok, New York City, Austin , Texas, China, Beijing, Washington , DC, Silicon Valley, Carter’s

☆ 3 ways the generative AI boom is upending the advertising agency business
▼ + stars: | 2023-09-19 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

Here are some of the newest challenges agency leadership teams are discovering as they race to lead AI in advertising. Productivity gains from AI risk undercutting agency feesMany agency bosses have touted the productivity efficiencies AI presents to their companies — from creating lists of search keywords to making tedious work like cataloging invoices less time-consuming. Agencies haven't figured out what to do with the AI talent they've hiredMuch like heads of digital, heads of mobile, and heads of programmatic before them, agency heads of AI are now having their time in the sun. But once such AI talent is sourced, agencies are presented with another dilemma: Where in the organization should a "head of AI" sit? Most businesses have started with this being part of the chief technology officer or the IT department's responsibilities, said Ruben Schreurs, chief strategy officer at the marketing consultancy Ebiquity.

Persons: Nick Coronges, Coronges, waitlists, Lewis Smithingham, Smithingham, Ryan Kangisser, Forrester, Jay Pattisal, haven't, they've, Ruben Schreurs, Richard Robinson Organizations: Google, Nvidia, OpenAI, Microsoft, Big Tech, Productivity, Forrester, Xeim Engage

“There’s a lot of climate exaggeration,” said Gates, who founded Microsoft and is now a philanthropist. Some financial institutions could supplement emissions reduction measures with the voluntary purchase of carbon credits, according to a handout. She said the goal is to affirm “the importance of credible net-zero commitments and to encourage financial institutions that make them to take consistent approaches to implementation." Yellen also announced that a group of philanthropic organizations – including Bezos Earth Fund, Bloomberg Philanthropies and others – would pledge $340 million to help financial institutions “develop and execute robust, voluntary net-zero commitments,” she said. Afterward, Prince William headed toward ground zero, where he visited with firefighters at FDNY Ten House, the station that was the first on the scene at the World Trade Center after the 9/11 attacks.

Persons: Britain’s Prince William, Bill Gates, Michael Bloomberg, “ We’ve, ” William, he'd, John F, ”, Gates, Janet Yellen, ” Yellen, Yellen, Bloomberg Philanthropies, David Arkush, “, Prince William, Prince, chatted, Hussein, Bobby Caina Calvan, Seth Borenstein, Fatima Hussein Organizations: Microsoft, Treasury, Investment, ”, Fund, Bloomberg, FDNY Ten House, World Trade Center, AP Locations: London, U.S, Washington, New York

☆ Amazon devices unit morale wanes amid cuts, weak development pipeline
▼ + stars: | 2023-09-19 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +8 min

Amazon hopes consumers will install Alexa-enabled devices in more rooms of their homes and become accustomed to using the system throughout the day, the sources said. Amazon has said its devices and services business is not profitable, without providing figures. Amazon is set to name as successor Microsoft's Panos Panay who oversaw development of the Surface, according to Bloomberg. Alexa employees were included in rounds of layoffs beginning last year resulting in 27,000 job cuts across Amazon. For years, Amazon has said it can sell devices for close to production cost and see a profit through services offered on them.

Persons: Jeff Bezos, Dave Limp, Alexa, Kinley Pearsall, Amazon, hasn’t, “, ”, Avi Greengart, Limp, Microsoft's Panos Panay, Gregg Zehr, Tom Taylor, Ken Washington, Andy Jassy, Siri, That’s, Bruno Borges, I‘m, Greg Bensinger, Ken Li, Claudia Parsons Organizations: FRANCISCO, Reuters, Alexa, Amazon, Devices, Google, Microsoft, Echo, “, Bloomberg, Astro, Medtronic, Intelligence, Amazon.com, Lightform, Thomson Locations: Amazon’s, Lab126, Alphabet’s, Vancouver, Canada

☆ The CEO of a construction-tech startup that reports a 12% drop in injuries on sites using its wearable smart badges says 5G is the future of IoT tech
▼ + stars: | 2023-09-19 | by ( Iona Brannon | ) www.businessinsider.com time to read: +5 min

The company developed wearable smart badges that made COVID-19 contact tracing more efficient. Now it's looking to use 5G tech to reduce construction-site injuries and increase efficiency. The workers' badges beeped and vibrated when they got within 6 feet of each other. Taking things to the next level with 5GKwant's smart badges are part of a category known as the Internet of Things. Recognizing the potential of smart badges across industries, Shrestha's team has built 5G integration into the badges.

Persons: Walbridge, John Jurewicz, Kwant, Niran Shrestha, Shrestha Organizations: Service, General Motors, Bluetooth, 5G, Tech Locations: Wall, Silicon, COVID

Farmers across the agrarian heartland that makes Thailand the world's second-largest rice exporter should be poised to benefit. These pressures on the sector, reported in detail for the first time by Reuters, are squeezing debt-laden Thai farmers despite tens of billions of dollars in subsidies over the past decade. Successive governments have spent 1.2 trillion Thai baht ($33.85 billion) on price and income interventions for rice farmers in the last decade, estimates Somporn. The average Thai farmer's income has dwindled. Unstable income for Thai rice farmersIn the years since Sripai followed her family into the paddy fields, the challenges have multiplied, but current prices offer a rare opportunity.

Persons: Somporn, Sripai, Danai Saengthabthim, Srettha Thavisin, King Chulalongkorn, Nipon Poapongsakorn, Thailand's, KNIT's, Yingluck Shinawatra, Yingluck, Devjyot Ghoshal, Pasit, Katerina Ang, Kay Johnson Organizations: Farmers, Reuters, Research, Knowledge Network Institute of Thailand, Bank for Agriculture, Agricultural Cooperatives, Agriculture, El, National Water Resources, Thailand Development Research, Nipon, Thomson Locations: Thailand, Kaeo, Chai, India, East, Asia, Africa, Rice, Chai Nat, Bangkok, Bangladesh, Nepal, Vietnam

Importantly, the site is near Wright-Patterson Air Force Base and the headquarters of the U.S. Air Force Research Laboratories. With this announcement, that aspiration has been realized.”Political Cartoons View All 1163 ImagesThe Wright brothers, Orville and Wilbur, lived and worked in Dayton. Joby CEO JoeBen Bevirt told the AP that the company chose Ohio after an extensive and competitive search. 3 in the nation on manufacturing jobs — and that depth of manufacturing prowess, that workforce, is critical to us as we look to build this manufacturing facility. That included the loss of tens of thousands of auto and auto parts manufacturing jobs in the early 2000s and the loss of ATM maker NCR Corp.'s headquarters to an Atlanta suburb in 2009.

Persons: Wright, Mike DeWine, Jon Husted, ” Husted, Orville, Wilbur, Orville Wright's, Hawthorn Hill, Joby, JoeBen Bevirt, Bevirt, J.P, Nauseef, that’s, —, ” Bevirt, DeWine —, John Glenn, Neil Armstrong Organizations: Joby Aviation Inc, ” Republican Gov, Associated Press, Intel, Dayton International, Republican, Gov, Patterson Air Force Base, U.S . Air Force Research Laboratories, “, U.S, Hawthorn, Wright Model B, Toyota, Delta Airlines, Air Force, U.S . Department of Energy, AP, Boeing, Airbus, NCR Corp, U.S . Air Force’s, . Space Command, Space Force Locations: COLUMBUS , Ohio, Ohio, Wright, Dayton, Santa Cruz , California, “ Ohio, Atlanta, Springfield, Marina , California

☆ AI-Driven Cataclysm Could Rock the Job Market: Top Economist
▼ + stars: | 2023-09-18 | by ( Aki Ito | ) www.businessinsider.com time to read: +33 min

Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.

Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, —, Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, —, International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia

☆ Opinion: Musk, McCarthy and Romney are three kinds of leaders
▼ + stars: | 2023-09-17 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. A vain and ambitious cigar-smoking bully who wore riding breeches, a polished helmet and boots and carried ivory-handled revolvers, he led troops on successful lightning strikes through German-held territory near the end of World War II. Musk has repeatedly been criticized for enabling and boosting antisemitic content on the platform.”“Isaacson tries to square these two Musks. During Trump’s first impeachment, Romney became the first senator in US history to vote to remove a president of his own party from office. He has been willing to do what he believes to be right — consequences be damned.”The differences between Romney and Trump were many.

Persons: CNN — “ Troy, Hadrian, …, ”, George S, Patton, “, Stephen D, Clay Jones, Elon Musks, Elon, Nicole Hemmer’s, Walter Isaacson, Musk “, Musk, ” “ Isaacson, Isaacson, ” Hemmer, Walt Handelsman, Kevin McCarthy, Donald Trump, McCarthy, Joe Biden, “ Trump, impeaching Biden, Norman Eisen, Trump, ” Eisen, Biden, James Antle III, ’, Hunter, McCarthy “, John Avlon, Dennis Aftergut, Lindsey Graham wasn’t, Michelle Lujan Grisham, she’s, Hunter Biden, Robert J, Spitzer, It’s, ” Vladimir, Kim, Vladimir Putin, Kim Jong, Frida Ghitis, Putin, vaingloriously, Peter the Great, Sébastien Roblin, Don’t, Romney Francis Chung, AP Sen, Mitt Romney, Romney, Sen, John McCain, Trump’s, Lanhee J, Chen, Lisa Benson, Kate Bahn, ’ I’m, —, Dana Peterson, Erik Lundh, ” Dana Summers, Kunis Mila Kunis, Ashton Kutcher, Mila Kunis, Danny Masterson, Jill Filipovic, “ Kutcher, Kunis, Kutcher, Masterson, Danilo Cavalcante, Arick, Scott Stantis, Jeff Yang, Jets Phil Hands, Julian Zelizer, Aaron Rodgers ’, ” Don’t, Nick Anderson, Tess Taylor, Tommy Tuberville, Mahnaz, Roxanne Jones, Coco Gauff, Amanda Tyler, Lara Setrakian, Paul Hockenos, Don Lincoln, Sophia Nelson, Tim Scott, Kenneth Branagh, Agatha Christie’s, Hercule Poirot, Noah Berlatsky, Poirot, Branagh, Sara Stewart, Winona Ryder Organizations: CNN, US, Marine Corps, Third Army, Vostochny, Twitter, Defamation League, Agency, Caucus, Republicans, Democrats, White, North, Putin, AP, Senate, Hollywood, Motors, Ford, Chrysler, Dodge, Peugeot, United Auto Workers, UAW, “, Federal Reserve, Conference Board, Ninth, Academy Museum of Motion Pictures, REUTERS, Reuters, Apple, European Union, Jets, Boston Red Sox, The Chicago Cubs, The New York Jets, New York Jets, MetLife, Tribune, Studios Locations: China, Washington, New Mexico, Detroit, Russia’s, South Africa, Hunter Biden’s, Albuquerque, Bernalillo County, Russia, Ukraine, ”, Los Angeles , California, U.S, Aude, Pennsylvania, Brazil, Cupertino , California, Iran, New Texas, Venice

☆ Insider Today: Your knockoff's hidden cost
▼ + stars: | 2023-09-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Tech: What could become of VMware employees when Broadcom's acquisition closes. What could become of VMware employees when Broadcom's acquisition closes. AdvertisementAdvertisementSo, instead of visiting the company's website, you head to one of the many e-commerce sites offering knockoffs. 3 things in techRaghu Raghuram VMwareLeaked email: The fate of VMware employees as Broadcom acquisition closes. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Sen, Mitt Romney, Chelsea Jia Feng, Insider's Jennifer Ortakales Dawkins, Counterfeits, Birkin, Dow Jones, Michael M, Ray Dalio, Raghu, —, chatbot, Brooks Kraft, Vivek, crowdfunding, Joe Raedle, JW Anderson, Molly Goddard, Julia Pugachevsky, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, VMware, Yorkers, Bridgewater Associates, Broadcom, Apple, Brooks Kraft LLC, Burberry, Riot Fest Chicago, Foo Fighters, Postal Service, Cutie, Happy National Hispanic, Costa Rica Blue Locations: Wall, Silicon, New York, Queens, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Spain, New York City, San Diego, London

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