DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Hasan Chowdhury"


25 mentions found


☆ IBM chief says employees' careers could suffer and promotions may be harder to achieve if they work from home
  + stars: | 2023-05-05 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +2 min
IBM CEO Arvind Krishna says employees' careers could suffer if they work from home, per Bloomberg. He said some remote workers may struggle to get promoted, especially to managerial roles. Krishna has encouraged IBM workers to return to the office for three days a week, per the outlet. He added that remote workers don't learn skills normally acquired in person, such as dealing with difficult clients, Bloomberg reported. A spokesperson previously told Insider that there was no blanket hiring "pause" and the company was being deliberate and thoughtful in its hiring.
☆ Microsoft's chief economist says AI will 'cause real damage' once it falls into the wrong hands
  + stars: | 2023-05-03 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +2 min
Microsoft's chief economist said AI could be dangerous if misused by bad actors. The concerns over AI's dangers come despite Microsoft accelerating the development of AI. AI "will cause real damage" if it falls into the wrong hands, Microsoft's chief economist has said. "I am confident AI will be used by bad actors, and yes it will cause real damage," Schwarz said during the panel in Geneva. During the panel, Schwarz said he believed AI should be regulated, but cautioned against regulation that got in the way of the potential benefits AI holds.
☆ Google DeepMind boss predicts AI as powerful as the human brain could arrive within the next few years, report says
  + stars: | 2023-05-03 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +2 min
DeepMind boss Demis Hassabis believes AI as smart as humans might not be far off. He made the comments at a Wall Street Journal conference. AI that is as powerful as the human brain could arrive within the next few years, according to the boss of Google-owned AI lab DeepMind. The Wall Street Journal reported the news. Speaking at a Wall Street Journal conference, Hassabis acknowledged that "progress in the last few years has been pretty incredible."
☆ 10 Things in Tech: AI-generated Drake songs, discounted startups, and Amazon’s upgraded Alexa
  + stars: | 2023-05-03 | by ( Diamond Naga Siu | ) www.businessinsider.com   time to read: +4 min
I'm Diamond Naga Siu, and in this turbulent economy, I definitely want stability over most other things. And my colleague Grace Mayer highlights how retail, finance, and other (seemingly more stable) industries are piquing our interest instead. A leaked document viewed by Insider revealed that Amazon wants to focus on entertainment features for Alexa. The upgrade will feature Amazon's own generative AI technology instead of using OpenAI's technology (like how Microsoft paired ChatGPT with Bing). Bell dished to my colleague Ashley Stewart on why he made the move, how he met Satya Nadella, and more.
☆ CEOs are getting closer to finally saying it — AI will wipe out more jobs than they can count
  + stars: | 2023-05-02 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +6 min
Tech workers are finding out what it's like to be replaced by AI. It's the boldest statement yet from tech firms turning to AI to help them get efficient. Tech workers are about to find out. Here are five tech firms that have acted first with a big bet on AI. AmazonAmazon has been among the most bruised tech firms since the downturn of 2022 was kickstarted.
☆ Elon Musk once tried to buy DeepMind because he thought Google couldn't be trusted with advanced AI, report says
  + stars: | 2023-05-02 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Elon Musk tried to buy DeepMind ahead of Google because of trust issues, a new report says. Elon Musk made a last-minute attempt to buy DeepMind before Google finalized its $500 million deal for the AI lab a decade ago because he feared the search giant couldn't be trusted to create advanced AI, according to a new report. Musk's plans to buy DeepMind were informal and didn't reach DeepMind's board, the Journal reported. He has also criticized the rival AI lab he cofounded, OpenAI, for publicly rolling out tools such as ChatGPT despite issues such as bias. Musk, Google, and DeepMind did not immediately respond to requests for comment.
☆ Everyone knows Siri is way behind. It's partly why top Apple engineers have jumped ship to Google, report says.
  + stars: | 2023-04-28 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Apple is having a hard time convincing workers that Siri can keep up with new AI rivals. Apple lost three top engineers working on AI technology to Google, The Information reported. It's the latest example of how far behind Apple is seen to be on AI versus Google and OpenAI. Apple has lost three top engineers working on ChatGPT-like technology to Google, in a sign the iPhone-maker is struggling to supercharge its AI efforts and Siri as large language models go mainstream. They were personally poached by Google CEO Sundar Pichai after shunning Apple boss Tim Cook's efforts to keep them, the report said.
☆ Google and DeepMind must put aside years of rivalry and risk ruffling feathers to take on OpenAI, ex-employees and collaborators say
  + stars: | 2023-04-28 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Google and DeepMind must collaborate more despite the risk of internal turmoil, sources told the FT.A newly formed AI unit named Google DeepMind risks ruffling feathers, the publication reported. Google and DeepMind are reportedly risking internal turmoil by collaborating more to thwart the growing threat posed by OpenAI. The Financial Times reported the news, citing people familiar with the matter. Former employees and collaborators at both companies told the paper that the newly formed unit, known as Google DeepMind, would need to put aside "years of rivalry" to see off the challenge from OpenAI. But the integration of DeepMind with Google's AI lab is fraught with risk.
☆ Big Tech's employee culls and 'year of efficiency' are working
  + stars: | 2023-04-27 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
Tech's 'year of efficiency' is showing early signs of working. It's about the current crop of tech CEOs showing investors they can run a tight ship well into the future. Meta has also started to see some payoff from its recent efforts to curb costs and bet on AI too. The positive results come after tech firms talked up 2023 as a year of efficiency. Insider analysis has found many of tech's most brutal job-choppers expanded rapidly through the pandemic, at the cost of efficiency.
☆ Tech giants aren't just cutting thousands of jobs — they're making them extinct
  + stars: | 2023-04-27 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
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.
☆ Microsoft's $68.7 billion Activision takeover blocked by UK competition regulator
  + stars: | 2023-04-26 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Microsoft's $68.7 billion takeover of Activision has been blocked by UK regulators. The UK's CMA blocked the deal on Wednesday over concerns antitrust concerns. Microsoft's $68.7 billion takeover of "Call of Duty" developer Activision has been blocked by the UK's competition regulator, marking a devastating blow to the blockbuster deal. According to the CMA, Microsoft already accounts for around 60-70% of global cloud gaming services through its Xbox platform and Azure. Microsoft and Activision did not immediately respond to Insider's request for comment.
☆ Facebook's former security chief calls Elon Musk's blue check marks saga a 'historical self-own'
  + stars: | 2023-04-26 | by ( Grace Kay | ) www.businessinsider.com   time to read: +4 min
Ex-Facebook exec Alex Stamos said Elon Musk's blue check saga was a "historical self-own." Last week, Musk took away blue check marks from some legacy accounts, only to return some of them. Facebook's former security chief, Alex Stamos, said Elon Musk's blue check mark saga last week was a "historical self-own." The billionaire initially agreed to give blue check marks solely to users who subscribed to Twitter Blue for $8 per month, but many celebrities and news organizations made a point of refusing to pay for the service. Stamos, who has been critical of Musk in the past, was previously Facebook's chief security officer until 2018.
☆ Elon Musk's blue-check saga marks the beginning of the end for Twitter, top Tesla investor says
  + stars: | 2023-04-25 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Top Tesla and Twitter investor Ross Gerber is not happy with Elon Musk. He said Musk's decision to hand out free blue checks was the beginning of the end for Twitter. Top Tesla and Twitter investor Ross Gerber said the latest turmoil at Twitter could spell the beginning of the end for the company. A subscription to Twitter Blue costs $8 a month, but many celebrities and news organizations have refused to pay. The investor added that Twitter was in a further state of confusion after several accounts belonging to dead users had blue checks returned to their profiles.
☆ Twitter descends into chaos as users lash out over Elon Musk's blue-check reversal for celebrities: 'Feel my wrath Tesla man!'
  + stars: | 2023-04-24 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Blue checks were reinstated on several accounts but users said they hadn't paid for them. Rapper Lil Nas X, whose blue check remained, tweeted that he didn't pay for Twitter Blue. Some users who had died, including Kobe Bryant and Anthony Bourdain, had blue checks on their profiles. The ongoing confusion highlights the challenges Musk has faced in getting people to sign up for Twitter Blue. Bloomberg reported that traffic data showed only 4% of people who visited the Twitter Blue sales website in March subscribed.
☆ Elon Musk dreams of Twitter's AI power
  + stars: | 2023-04-13 | by ( Emilia David | ) www.businessinsider.com   time to read: +4 min
Elon Musk's personal AI ambitions. Elon Musk was one of the more prominent names on an open letter calling for a pause in AI development. My teammate Asia Martin points out that Musk's position on AI is contradicted by Twitter's investment in generative AI. Twitter's recent purchase of hardware normally used to develop generative AI products shows the extent of this ambition. Read more on Elon Musk's AI ambitions.
☆ Elon Musk says Twitter is roughly breaking even. That looks like vindication for his haphazard management but he'll need a sharper plan to get to profitability.
  + stars: | 2023-04-12 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
Elon Musk's reign of chaos at Twitter may have saved it from collapse, but there's a long way to go. This was better than the $1.1 billion Twitter lost in 2020, but still indicative of the firm's struggle for consistent profitability. Another, possibly terminal, issue: Musk seems not to have quite figured out what he wants Twitter to be. But if he wants Twitter to make money consistently, Musk needs users coming back for the long run. Chaos won't do that.
☆ More layoffs may still come for tech workers
  + stars: | 2023-04-12 | by ( Emilia David | ) www.businessinsider.com   time to read: +4 min
The tech sector has shed an estimated 330,000 jobs since last year, but my colleague Hasan Chowdhury writes that more cuts will likely come. Here's why tech workers have to brace for more layoffs. The AI arms race has pushed tech organizations to recruit AI talent from university programs aggressively. Google employees reportedly tried to stop Bard. Read Insider's exclusive on the cuts.
☆ Tech employees should expect more debloating even after 330,000 jobs got wiped
  + stars: | 2023-04-11 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
Amazon, Google, Meta, Microsoft, and Twitter have collectively chopped around 70,000 staff — but ongoing concerns about profitability and over-hiring means they could slim down more. Google and Amazon should cut more jobs: analystsAnalysts note that Google, for example, added around 71,000 employees in the past three years. They say Meta has seen "limited impact on its growth" after laying off around 25% of its workforce since November. The bank's analysts say that profitability per employee at Amazon excluding its warehouse workers — a measure of its efficiency — is "significantly below peers." With less cash available, cuts will likely persist and workers in tech should brace for more instability this year.
☆ 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.
☆ After gaining control of our reporter's phone, a hacker ripped her off for $10,000. She set out to find them.
  + stars: | 2023-04-08 | by ( Hallam Bullock | ) www.businessinsider.com   time to read: +4 min
You can see pictures of the massive meatball here — but I warn you, it looks exactly how you would expect. Now, before the scientists start serving up Dinosaur DNA, let's take a look at the top tech stories this week. Once the hacker had control of Hartmans' phone, they didn't waste any time. Earlier this month, the Wall Street Journal reported that Elon Musk plans to build a town named "Snailbrook" — but he isn't the only billionaire creating their own utopia. Some of Lee's friends and colleagues, including Elon Musk, have lambasted the "violent crime in SF."
☆ CHART: We analyzed Apple's revenue per employee to show how it's avoided tech bloat and delayed layoffs
  + stars: | 2023-04-06 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
Data shows its revenue per employee trumps the rest of Silicon Valley, a sign of its efficiency. Apple's comparative efficiency is visible through one particular metric that is back in vogue: Revenue per employee. Insider analyzed revenue per employee at major tech firms between 2018 and 2022. Revenue per employee is a get-back-to-basics measure of efficiency and productivity, assigning a hard dollar value to individual workers. Rabois also criticized tech firms, specifically Google and Meta, for "over-hiring" — a practice Apple avoided during tech's boom years.
☆ CHART: Twitter's revenue per employee crashed 60% in the years leading up to Musk's drastic firings
  + stars: | 2023-04-03 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Twitter's revenue per employee crashed 60% in the years before Elon Musk's takeover. Twitter's revenue per employee cratered by almost 60% between 2018 and the period of 2022 before Musk's takeover of the embattled social media company, Insider analysis of the firm's SEC filings found. Revenue per employee is a simple measure of efficiency that was previously in vogue in the aftermath of the 2008 financial crash. A growing number of influential tech executives and investors say tech firms, bloated by over-hiring, should re-prioritize the metric. Since 2018, Twitter has seen a drastic fall in the revenue generated per employee.
☆ Big tech companies continue cost cutting
  + stars: | 2023-04-03 | by ( Paayal Zaveri | ) www.businessinsider.com   time to read: +5 min
Tech companies have chased short-term fads in a desperate attempt to win the favor of Wall Street investors — and it's making the online experience worse. As tech companies continue to focus on efficiency, it's clear that one metric is the most important: revenue per employee. After years of over-hiring, tech companies are now looking to squeeze the most efficient performance from each worker, my colleague Hasan Chowdhury reports. But it's another sign that tech companies are drifting away from pro-remote work policies. Google, Meta, and Microsoft have all failed to make their AR and VR devices into mainstream successes.
☆ CHARTS: We analyzed revenue per employee to show why Amazon, Meta, and others are axing workers with brutality and speed
  + stars: | 2023-03-31 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +6 min
One productivity metric to watch is revenue per employee, which has fallen at some big firms. Tech companies swelled in the years up to and during the pandemic, but more manpower didn't necessarily mean more money. The chart shows Amazon, Meta, and Twitter in particular hired heavily from 2018, but also experienced declining revenue per employee. Size isn't everythingAnd how have tech companies fared against each other? The chart above shows Amazon and Salesforce are producing roughly the same revenue per employee as Twitter despite having tens of thousands more workers: each employee at Amazon generated $333,550 in revenue last year, while Salesforce employees generated $394,911.
☆ Tech firms hold all the power right now as Goldman Sachs predicts AI will impact 300 million jobs
  + stars: | 2023-03-29 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
Goldman Sachs estimates 300 million jobs could be affected by AI. A new report from Goldman Sachs reckons generative AI models like OpenAI's GPT-4 could impact 300 million full-time jobs globally. OpenAI's apparent willingness to roll out advanced AI models as soon as they're ready points more to a future where the tech replaces vast swathes of the workforce. History dictates that innovation with the power to disrupt and eliminate jobs typically paves the way for new fields, in time. A 2020 report from the World Economic Forum predicted AI will displace 85 million jobs by 2025, and create 97 million new ones.
<< prev 12 next >>
Total: 25