All articles tagged with #jobloss
Originally Published 26 days ago — by The Washington Post
The US economy shows signs of weakness with job losses in October and November, and the unemployment rate rising to 4.6%, the highest since 2021.
Originally Published 3 months ago — by Investor's Business Daily
The ADP report revealed a surprising private sector job loss in September amid the government shutdown, raising economic concerns and increasing the likelihood of a Fed rate cut on October 29. Stock markets declined slightly, and bond yields fell, reflecting investor caution. The shutdown's duration could further impact economic growth and federal employment, with market expectations now fully pricing in a rate cut.
Originally Published 2 years ago — by Gizmodo
The article discusses various negative aspects of AI that could become prominent in 2024, including job displacement due to automation, the exacerbation of disinformation especially in the context of the upcoming presidential election, the potential degradation of the entertainment industry with AI-generated content, overzealous techno-optimism in the tech industry, and the creepiness of AI-enhanced police surveillance technologies. It also touches on the term "botshit," which refers to misleading AI-generated content, and reports on other AI-related news such as an AI hologram of Elvis Presley, OpenAI's low compensation to news publishers for content, and Jeff Bezos investing in a new AI startup aimed at competing with Google's search dominance.
Originally Published 2 years ago — by TechSpot
Samsung Electronics is reportedly planning to transition to fully automated factories without human workers within the next six years, leveraging a proprietary Smart Sensing System for semiconductor process control. This move aligns with a broader trend in the tech industry towards automation and AI, exemplified by companies like Amazon, and raises concerns about the potential for significant job losses as these technologies advance.