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☆ Start-up Atlas raises $27 mln for new nickel technology for EV batteries
▼ + stars: | 2023-09-28 | by ( Eric Onstad | ) www.reuters.com time to read: +3 min

U.S.-based Atlas said it has come up with a way to treat a type of nickel ore usually used as an ingredient in stainless steel into a form that can be used for EV batteries with low emissions and no waste. Atlas came up with new technology to process saprolite nickel ores, which account for about a third of global nickel resources, into mixed hydroxide precipitate (MHP) for batteries, Ley added. The new processing technology uses hydrochloric acid and caustic soda to leach the ore, but does not need high pressure or high temperatures and does not result in waste products. Some processing plants have been launched in Indonesia using high-pressure acid leaching (HPAL) to treat a similar type of nickel ore into MHP for batteries, but that technology produces toxic waste. The money will be used for engineering and design work for the pilot plant but further funding will be needed to actually build it, he added.

Persons: Jeremy Ley, Ley, Eric Onstad, Sharon Singleton Organizations: EV, North America LONDON, Reuters . Atlas, portland, Investors, Grantham Environmental Trust, Voyager Ventures, Thomson Locations: North America, Canada, United States, New Caledonia, Indonesia, Grantham

☆ I looked at the plans for the new city proposed by Silicon Valley elites. They're really terrible.
▼ + stars: | 2023-09-28 | by ( Adam Rogers | ) www.businessinsider.com time to read: +17 min

Right now, California Forever is just a website with some ideology and a handful of hopeful sketches with a faintly socialist-utopian flair. AdvertisementAdvertisementCities of the future of the pastThe California Forever art illustrations show at a place that'll look startlingly familiar. Point is, the garden city remains a dream honored more in the breach — in pitches like the one for California Forever. Just about 60 miles southeast of the California Forever site is a residential development called Mountain House. It's what plans like California Forever look like when brick starts getting laid.

Persons: Daniel Burnham, Burnham, Marc Andreessen, Chris Dixon, Michael Moritz, Laurene Powell Jobs, Collison, Flannery, Peter Thiel, Goldman, Jan Sramek, Sramek, Ebenezer Howard, Howard, What's, Foreverville, That's, it's, Banks, John Nash's London, what's, It's, Walt Disney, Gabriel Metcalf, BH Bronson Johnson, Dan Parolek, Adam Rogers Organizations: Travis Air Force Base, New York Times, Flannery Associates, Industry, Truman, California, Western Railway, California Forever, St, BH Locations: Chicago, California, Solano County, Sacramento, Solano, Silicon, Los Angeles, England, Japan, New York, Philadelphia, Seaside , Florida, Pontevedra, Spain, Paris, Tempe, doesn't, Foreverville, Pirates, Caribbean, Toronto, Culdesac

☆ AI sensors and WiFi networks that provide workplace insights are antidotes for some companies combating 'zombie offices'
▼ + stars: | 2023-09-28 | by ( Sabina Wex | ) www.businessinsider.com time to read: +11 min

"Zombie offices" have proliferated in the US as employees opt for fully remote or hybrid work. But he had no idea that "hybrid work" would become ubiquitous nearly 10 years later and make InnerSpace a helpful tool for understanding new trends in shared workspaces. Zombie offices have popped up around the country because there aren't offices filled with people five days a week anymore. Zombie offices and the shift to hybrid work have pushed companies to figure out the next best move to maximize office space using real-time data, not guesswork. VergeSense's optical sensors are attached to the ceiling in a work space.

Persons: —, James Wu, Wu couldn't, Jessica Blaine Smith, Wu, Sharad Rastogi, isn't, Rastogi, it's, JLL, Zombie, that's, they've, VergeSense, They're, Jack Weber, Gresham Smith, Weber, Gresham Smith Weber, Ragosti, InnerSpace's Organizations: Service, Metropolitan Museum of Art, The Met, Work Dynamics Technology, San, Aldi, Rapid Transit, Boston Consulting Group, Companies Locations: JLL

☆ Vehicle-related deaths are rising even though cars are built safer than ever. The popularity of larger vehicles may be to blame.
▼ + stars: | 2023-09-26 | by ( Associated Press | ) www.businessinsider.com time to read: +9 min

Vehicles are built to be safer than ever before, but pedestrian and cyclist deaths are rising. A rise in the popularity of larger vehicles, like vans and trucks, may be a factor in this increase. Ronald E. VanHoose/Associated PressRoadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Fatal crashes also increased as a percent of total miles driven. AP Photo/Mark SchiefelbeinHart is now an advocate with the Washington chapter of Families for Safe Streets, a nonprofit working to end fatal crashes.

Persons: —, Alyssa Milligan, Alyssa, Ronald E, Jessica Cicchino, they're, Cicchino, Todd Hill, Transportation's Volpe, Billy Richling, Jessica Hart, Allie, Allie Hart, Mark Schiefelbein, Hart, didn't, Mark Schiefelbein John Capp, we're, Mark Schiefelbein Hart, I've Organizations: Service, Nashville —, Associated, National Association of City Transportation, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation's, Transportation's Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, AP, Ford Transit, General Motors, GM Locations: Tennessee, Nashville, U.S, Washington

Jefferies analysts wrote in a note the Federal Reserve putting the brakes on interest rate hikes has given acquirers more certainty around their funding costs, helping dealmaking. Cisco's deal valued Splunk at 7 times projected 12-month revenue, according to Jefferies. "We note that the typical security company with 20% growth trades at about 7 times (sales)," BTIG analysts wrote in a note last week. Private software companies may also be more receptive to takeovers. "A tidal wave of software M&A (is) on the horizon," Wedbush analysts wrote in a note last week.

Persons: Chuck Robbins, David Chen, Morgan Stanley, Chen, Jefferies, Keith Skirbe, Houlihan Lokey's, Milana Vinn, Anirban Sen, Anna Driver Organizations: Cisco Systems, Cisco, Crowdstrike Holdings, Microsoft, Adobe, Oracle, Francisco Partners, TPG Inc, Federal Reserve, IBM, Reuters Graphics Reuters, Jefferies, Thomson Locations: New York

Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Subaru, which has performed well in IIHS pedestrian crash avoidance tests, considers visibility its first line of safety, according to spokesperson Todd Hill. Thanks to vehicle improvements, seatbelt laws and other changes, fatal crashes in the U.S. trended downward for decades, hitting a low of 29,867 in 2011. Government estimates of fatal crashes in 2022 show a 43% increase to 42,795 — partially thanks to increases in speeding and drunk driving and decreases in seatbelt use. Fatal crashes also increased as a percent of total miles driven.

Persons: — Alyssa Milligan, Alyssa, ”, Jessica Cicchino, they’re, ” Cicchino, Todd Hill, Transportation’s Volpe, Billy Richling, Jessica Hart, Allie, ” Hart, “, didn’t, ” John Capp, we’re, I’ve, — Organizations: Nashville —, National Association of City Transportation, Insurance Institute for Highway Safety, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation’s, Transportation’s Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, Ford Transit, General Motors, GM Locations: Tenn, Tennessee, Nashville, U.S, Washington

☆ It's not just Lauren Boebert. Surveillance cameras are watching you in theaters too.
▼ + stars: | 2023-09-23 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

By some estimates, there are tens of millions of surveillance cameras in the United States. "In most of the US, CCTV cameras have proliferated over the past few decades," an expert told Insider. There are tens of millions of surveillance cameras in the United States alone, by some estimates, with some of the most populated cities in the country more heavily surveilled than others. There could be up to 100 million surveillance cameras in the USPeterson, an adjunct professor at New York's John Jay College of Criminal Justice, said that there could be up to 100 million surveillance cameras in the US, but it's impossible to say for sure because "many public and private entities own and deploy their own surveillance systems." "Between Ring cameras, security cameras, store cameras, red light cameras, cameras on the highway, you are always under surveillance," Stanton, who authored the book, "Prepared Not Scared," told Insider.

Persons: it's, Lauren Boebert, vaping, Dr, Bryce Peterson, Peterson, John Jay, Denver's, —, Boebert, Boebert vaping, Bill Stanton —, Stanton Organizations: Denver, Service, GOP, CNA, New, John, John Jay College of Criminal, —, Buell Theater, Colorado, Denver Arts, Buell, DC's Kennedy, Radio City Music Hall, MSG Entertainment, Garden, Chicago Theatre, New York Police Department Locations: United States, Wall, Silicon, Denver , Colorado, New York, Madison

Gavin Newsom has vetoed a bill to require human drivers on board self-driving trucks, a measure that union leaders and truck drivers said would save hundreds of thousands of jobs in the state. Lorena Gonzalez Fletcher, head of the California Labor Federation, said driverless trucks are dangerous and called Newsom's veto shocking. Businesses say self-driving trucks would help them transport products more efficiently. Last Tuesday in Sacramento, hundreds of truck drivers, union leaders and other supporters of the bill rallied at the state Capitol. There are about 200,000 commercial truck drivers in California, according to Teamsters officials.

Persons: Gavin Newsom, Lorena Gonzalez Fletcher, ” Fletcher, Newsom, Administration “ Organizations: —, California Labor Federation, Democratic, Department of Motor Vehicles, California, Patrol, Traffic, Administration, Union, Business, Economic Locations: SACRAMENTO, Calif, — California, San Francisco, Sacramento, California

☆ Elon Musk's grandfather belonged to a political party that believed the world should be governed by technology. Newspapers at the time described it as having 'the tone of an incipient Fascist movement
▼ + stars: | 2023-09-23 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +6 min

Elon Musk's grandfather, Joshua Haldeman, was a "radical conspiracy theorist," the Atlantic reports. AdvertisementAdvertisementThe organization also referred to people as numbers (apparently, Musk's grandfather was 10450-1) and sometimes added Xs to their names. A newspaper cited by the magazine said the group gave off "the tone of an incipient Fascist movement ." Like grandfather, like grandsonHistorians note Musk's ideas that technology can solve most of society's ills reflect some of the same technocratic beliefs his grandfather promoted. Haldeman, Musk's maternal grandfather, was born in 1902 in the US before his family moved to Canada at a young age.

Persons: Elon Musk's, Joshua Haldeman, Haldeman, Howard Scott, Musk's, Hitler, Elders of Zion, Musk, Grimes, Technocrats, George Soros, Wyn Haldeman, née Fletcher, Maye Organizations: Service, Bettmann, Getty, North America . Heritage Art, Getty Canada, Social Credit Party, Elders of, Twitter, Defamation, ADL Locations: Canada, Wall, Silicon, Los Angeles , California, North America, California, Atlantic, Josephine County , Oregon, South Africa

The result was Joy, which uses artificial intelligence to suggest bite-sized mindfulness activities for people based on how they are feeling. It really helps me quickly de-stress before I have to do things like job interviews,” he said. The AI is supposed to recognize how you are feeling from your voice, then suggest short activities. The app is available for a $8 monthly subscription, with a discount if you subscribe for a whole year. It’s a work in progress, and as it goes with AI, the more people use it, the more accurate it becomes.

Persons: Kai Koerber, Marjory Stoneman, —, — he’d, ”, “, Koerber, ” Koerber, Mohammed Zareef, Mustafa, Koerber's who's, you've, It’s, “ Kai, Dacher Keltner, it’s, Colin Walsh, Walsh, ” Walsh, don’t, Mark Zuckerberg, ’ ” Organizations: Marjory Stoneman Douglas High School, Cal, University of California, UC Berkeley, Vanderbilt University, Facebook Locations: Parkland , Florida, Berkeley

☆ Inside PwC's push to train its workers on AI
▼ + stars: | 2023-09-18 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

PwC plans to train 75,000 workers in the US and Mexico on artificial intelligence. The training comes as some new hires don't posses certain necessary tech skills. The training is designed to teach partners and employees what AI is and how they can safely incorporate it into their work. That's sending big companies, including the consulting giants, into a race to acquire expertise in AI and to train up their workforces. To help ensure workers have the necessary skills, the company puts new hires and even interns through training programs.

Persons: —, Shannon Schuyler, Schuyler, Yolanda Seals Organizations: Service, PricewaterhouseCoopers, New, Workers Locations: Mexico, Wall, Silicon, GenAI

☆ 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

☆ Insider Today: Big Tech goes on trial
▼ + stars: | 2023-09-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +10 min

Speaking of Big Tech, it's a big day for the industry as the DOJ's antitrust trial against Google starts today. It's also a strategy the Department of Justice argues is "anticompetitive and exclusionary" in a landmark trial for Big Tech kicking off today. The trial is the biggest to hit the tech industry since the government sued Microsoft in the late 1990s. AdvertisementAdvertisementMore broadly, the case is a bellwether for how the government could argue future cases against Big Tech companies in the modern era. Each case is unique, but their focus on monopolistic behavior means the Google trial could set precedents followed by both sides.

Persons: Tayfun, it's, there's, you'll, It's, Hugh Langley, Kent Walker, Hugh, Walker, Chelsea Jia Feng, Henry Farrell, Abraham Newman's, Walter Wriston's, Gil Perez, Jamie Dimon, JPMorgan doesn't, Dimon, Elon, Franz von Holzhausen, Musk, Walter Isaacson, Yossakorn Kaewwannarat, VCs, they're, Nicki Minaj, Shakira, Beyoncé, Karol G, Frances Tiafoe, Austin Krajicek, Mackenzie McDonald, Tommy Paul, Rajeev Ram, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Big Tech, Google, Anadolu Agency, Getty, Department of Justice, DOJ, Microsoft, Apple, Federal Trade Commission, Amazon, Meta, Deutsche, JPMorgan, Street, Workers, Gallup, Startup, MTV, Team, Amtrak Locations: Wall, Silicon, Chelsea, New York City, San Diego, London, New York

☆ Taiwan chip giant TSMC to invest up to $100 million in Arm IPO
▼ + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

TSMC is the top producer of the world's most advanced processors, including the chips found in the latest iPhones, iPads and Macs. Taiwan Semiconductor Manufacturing Co. , the world's largest contract chipmaker, said Tuesday its approved an investment in Arm of up to $100 million when the British semiconductor designer goes public. Arm's initial public offering is slated for this week in the U.S. with shares being priced between $47 and $51. TSMC said it has now approved an investment in Arm of an amount not exceeding $100 million based on its final share price at the IPO. Arm, which is owned by Japanese giant SoftBank, has not set its final share price.

Persons: TSMC, chipmaker Organizations: Taiwan Semiconductor Manufacturing Co, Nvidia, Apple Locations: British, U.S

☆ One out of 5 college-educated workers say they're worried about losing their jobs to tech — a big increase over 2021's poll
▼ + stars: | 2023-09-11 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

22% of US workers say they worry technology will replace their jobs — an increase from 2021, Gallup says. Workers with concerns tend to be young, college-educated, and make under $100k a year. The growing fear comes as AI tools like ChatGPT can now perform job tasks like writing and coding. And when considering just college-educated workers, the rise in worry is even sharper: from 8% who were worried in 2021 to a whopping 20% who are worried today, the poll says. The rapid development of generative AI technology, the Gallup researchers say, "may be changing the stereotype of what computers can do in the workplace."

Persons: Gallup, Alexis Ohanian, it's, ChatGPT, Goldman Sachs, Gray, Emily Hanley, Suumit Shah, Gallup didn't Organizations: Service, Gallup, Challenger Locations: Wall, Silicon

☆ Property owners are increasingly having their land sold out from under them. 4 experts break down the failures allowing this, and how the crime can be prevented in the future.
▼ + stars: | 2023-09-03 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Kenigsberg and the LLC building the house on the formerly vacant property said they're both victims of title fraud. Fraudulent sales like these are on the rise. "Any opportunity out there to buy a property at a good value or in a good area is going to get snapped up," Larson told Insider. "With a decrease in home sales, now they're looking for other ways to leverage real property into fraud," Rymarowicz told Insider. AdvertisementAdvertisement"We think we can uplevel RON (Remote Online Notarization) and do a higher level of online notarization," Kinsel told Insider.

Persons: Daniel Kenigsberg, they're, William Gordon, Kenigsberg, Gordon, —, Eric Gibbs, Gibbs, Nick Larson, there's, Larson, Deanne Rymarowicz, Rymarowicz, it's, David Zawadzki, Pat Kinsel, that's, Kinsel Organizations: FBI, Service, Federal Bureau, Investigation's Boston, Realty ONE, LexisNexis, National Association of Realtors, Nevada Real Estate Division Locations: Wall, Silicon, Fairfield , Connecticut, Kenigsberg, Tucson , Arizona, Arizona, Nevada, Chicago

☆ 6 cruise passengers have gone overboard in 3 months. Here's why most ships still don't use detection tech for rescues.
▼ + stars: | 2023-08-31 | by ( Hannah Towey | ) www.businessinsider.com time to read: +18 min

An average of 19 people go overboard on cruise ships every year, industry data has found. Less than two months after Peale fell overboard, 30-year-old Jaylen Hill also went overboard a Carnival cruise ship. In total, at least five passengers have gone overboard cruise ships this summer, including Hill. The incidents occurred on the cruise ships Carnival Elation, Spectrum of the Seas, Emerald Princess, Mariner of the Seas, and Wonder of the Seas. A Coast Guard spokesperson said there are no regulations preventing cruise lines from installing MOB detection systems on their vessels.

Persons: Ronnie Peale Jr, Peale, Linda Peale, —, Travis Heggie, Hill, Eric Rodriguez, Princess, Joe Perez, Ross Klein, Paul McConnell, Jamie Barnett, James Michael Grimes, Grimes, CLIA, it's, Mike Collier, MOBtronic, Sen, Richard Blumenthal, Collier, Blumenthal, Linda Peale Jennilyn Blosser, Blosser, didn't, Barnett, Jim Walker Organizations: US Coast Guard, Carnival, Coast Guard, Bowling Green State University, Cruise Lines International Association, Jacksonville , Florida . U.S . Coast, Washington Post, Carnival Corporation, U.S . Coast Guard, Getty, Cruise Vessel Security, Safety, Guard, International Cruise Victims Association, Line International Association, USA, Royal Caribbean, International, Organization Locations: Virginia's Shenandoah, Connecticut, Hill, Jacksonville , Florida . U.S, Richard Blumenthal of Connecticut, MOBtronic

☆ How China became the king of new nuclear power, and how the U.S. is trying to stage a comeback
▼ + stars: | 2023-08-30 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

That is two and a half times more nuclear reactors under construction than any other country. China was just getting started as the United States nuclear industry began to take a back seat. Power follows demand, so the new nuclear reactors tend to be built where fast-developing economies need power to fuel their growth. For the United States to win the export business, it must prove it can put steel in the ground in the United States. "We and our close nuclear energy allies are at what I think is just the start of a fierce competition for supremacy in global nuclear energy export markets," Kotek said.

Persons: Jacopo Buongiorno, Kenneth Luongo, Luongo, John F, Kotek, they've, Buongiorno, Westinghouse, Trump, Biden Organizations: Plant, China National Nuclear Corporation, China Huaneng, Changjiang, China News Service, Getty, International Atomic Energy Agency, United, Massachusetts Institute of Technology, CNBC, Partnership for Global Security, World Nuclear Association, Chicago Tribune, Tribune, Service, IAEA, Organization for Economic Cooperation, Development, OECD, U.S . Energy Information Administration, Nuclear Energy Institute, International Energy Agency, France, Visual China, Georgia Power, Westinghouse Locations: China, Changjiang Li Autonomous County, Hainan Province, India, Turkey, United States, Georgia, Byron , Illinois, France, Russia, HUIZHOU, CHINA, Huizhou, Guangdong Province of China, Europe, Eastern Europe, U.S

☆ Self checkout could be making Americans lonelier
▼ + stars: | 2023-08-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Self checkout might be making Americans lonelier. Most customers prefer self checkout. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementAdvertisementAmericans are lonelier than ever, and self checkout could be part of the problem. The option was especially popular with Gen Z respondents, 84% of whom said they prefer self-checkout. Self checkout is just one of many potential drivers of loneliness in the US.

Persons: it's, PlayUSA, Gen, Darryl Jones, he's, Jones Organizations: Service, Los Angeles Times, US, Kroger, Amazon, Albertsons, Times Locations: Wall, Silicon, PlayUSA, Tennessee, Southern California

☆ 4 people have gone overboard on cruise ships this summer. Here's why most cruise lines don't use technology that could've helped save them.
▼ + stars: | 2023-08-24 | by ( Hannah Towey | ) www.businessinsider.com time to read: +18 min

An average of 19 people go overboard on cruise ships every year, industry data has found. At 6:36 p.m. — more than 12 hours after Peale fell overboard — Carnival contacted the Coast Guard, according to the agency. Less than two months after Peale fell overboard, 30-year-old Jaylen Hill also went overboard a Carnival cruise ship. Legislation without regulationThe US Coast Guard does not check for man-overboard image capture or detection technology during compliance inspections of cruise ships. A Coast Guard spokesperson said there are no regulations preventing cruise lines from installing MOB detection systems on their vessels.

Persons: Ronnie Peale Jr, Peale, Linda Peale, —, Travis Heggie, Hill, Eric Rodriguez, Joe Perez, Ross Klein, Paul McConnell, Jamie Barnett, James Michael Grimes, Grimes, CLIA, it's, Mike Collier, MOBtronic, Sen, Richard Blumenthal, Collier, Blumenthal, Linda Peale Jennilyn Blosser, Blosser, didn't, Barnett, Jim Walker Organizations: US Coast Guard, Carnival, Coast Guard, Bowling Green State University, Cruise Lines International Association, Royal Caribbean's, Princess Cruises, Jacksonville , Florida . U.S . Coast, Washington Post, Carnival Corporation, U.S . Coast Guard, Getty, Cruise Vessel Security, Safety, Guard, International Cruise Victims Association, Line International Association, USA, Royal Caribbean, International, Organization Locations: Virginia's Shenandoah, Connecticut, Jacksonville , Florida . U.S, Richard Blumenthal of Connecticut, MOBtronic

The American workers who have had their careers upended by automation in recent decades have largely been less educated, especially men working in manufacturing. But the new kind of automation — artificial intelligence systems called large language models, like ChatGPT and Google’s Bard — is changing that. The jobs most exposed to automation now are office jobs, those that require more cognitive skills, creativity and high levels of education. The workers affected are likelier to be highly paid, and slightly likelier to be women, a variety of research has found. In a majority of jobs, the models could do some of the tasks, found the analyses, including from Pew Research Center and Goldman Sachs.

Persons: Bard —, “ It’s, ”, Erik Brynjolfsson, Goldman Sachs Organizations: Stanford Institute for, Labor, Pew Research Center

☆ IBM CEO says AI will impact white-collar jobs first, but could help workers instead of displacing them
▼ + stars: | 2023-08-22 | by ( Sheila Chiang | ) www.cnbc.com time to read: +3 min

watch nowWhite-collar jobs will be among the first to be impacted by artificial intelligence, IBM chairman and CEO Arvind Krishna told CNBC in an exclusive interview aired on Tuesday. Arvind Krishna IBM chairman and CEOIn May, IBM announced WatsonX, an AI building tool that allows clients to build, train and deploy machine learning models. So that is where the 7,800 [number] came from," Krishna told CNBC's Martin Soong. AI potentialKrishna joined IBM in 1990, took over as CEO in April 2020 and has been chairman since January 2021. Arvind Krishna IBM chairman and CEO

Persons: Arvind Krishna, CNBC's, That's, Krishna, ChatGPT, Watson, It's, CNBC's Martin Soong, Lawrence Wong Organizations: IBM, CNBC, Lenovo, Watson Health, Bloomberg

☆ Zoom shares jump as CEO says company to develop and deploy AI tools
▼ + stars: | 2023-08-21 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —Shares of Zoom jumped in after-hours trading Monday after the company said it expects to rake in stronger-than-expected earnings in the rest of this fiscal year. The company, which provides video and audio chat services, raised its outlook for profitability for the 2024 fiscal year in its second quarter earnings report. Zoom’s founder and chief executive officer Eric Yuan also touted the company’s rollout of recent AI features on a conference call with investors. However, Zoom’s chief product officer, Smita Hashim, assured customers earlier this month in a blog post that it would not use customer data to train AI models. By putting customers’ privacy needs first, Zoom is taking a leadership position in ensuring customers can use our AI features with confidence that their content is protected,” he said.

Persons: Eric Yuan, Yuan, ” ZoomIQ, Smita Hashim, ” “ Organizations: CNN

☆ Emerging tech, from AI to extended reality, is radically reshaping today's business world — and leaders who don't get on board ASAP will be left in the dust
▼ + stars: | 2023-08-21 | by ( Nicholas Fearn | ) www.businessinsider.com time to read: +14 min

As technology shapes customer habits, entire industries, and society at large, digital transformation has become a critical priority for every company. A February report from Deloitte found effective digital transformation initiatives could increase market capitalization by a staggering $1.25 trillion. From artificial intelligence to extended reality, a variety of technologies are shaping digital transformation strategies. He said he expected industries with "significant human implications," such as healthcare and space exploration, to benefit the most from digital transformation. Extended reality — a combination of virtual reality, augmented reality, and mixed reality often called "XR" — is another technology that could revolutionize organizational cultures.

Persons: Nigel Vaz, Publicis, It's, Vaz, Jean Pelletier, Pelletier, Schneider, Beth Johnson, Johnson, Tom Fairbairn, Tom Fairbairn Fairbairn, Duncan Roberts, Roberts Organizations: Technology, Morning, Deloitte, Netflix, Schneider, Schneider Electric, Citizens Bank, Amazon Prime, Amazon Web Services, Company, Imperial College London Locations: Cognizant

☆ What happens to Salma Hayek in 'Black Mirror' might seem ridiculous — but the way celebrities handle their AI rights could affect us all
▼ + stars: | 2023-08-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

That's why she's shocked to discover a new series called "Joan is Awful" on a fictitious streaming platform called Streamberry. As the "Black Mirror" episode suggests, regular people may soon have to contend with managing their own digital likenesses as well. The spokesperson added that Soul Machines creator packages start at $39 a month with the first month free. However, Soul Machines has also digitized celebrities like NBA player Carmelo Anthony, K-pop star Mark Tuan, and golfer Jack Nicklaus, according to its site. Phelan M. Ebenhack/AP ImagesMeanwhile, Remington Scott, the founder of another "digital human" company called Hyperreal, already has a digital version of himself.

Persons: Joan –, Joan, Salma Hayek, Streamberry, it's, who's, Annie Murphy, —, Greg Cross, AI's, Carmelo Anthony, Mark Tuan, Jack Nicklaus, Carmelo Anthony's, Phelan M, Remington Scott, Scott Organizations: Netflix, Machines, Soul Machines, DNA Locations: New Zealand

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