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Tag: job losses

Congressional letter asks White House to reverse MSR spending cuts

ORLANDO, Fla. — More than 40 members of Congress from California have asked the White House to reverse cuts NASA has imposed on the...

UPS to lay off 12,000 employees as it turns to AI for efficiency – TechStartups

Parcel delivery giant UPS announced on Tuesday that it plans to cut 12,000 jobs, representing approximately 2.5% of its global workforce. The company said...

Are Robots Coming to Replace Worldwide Casino Jobs?

Massive change on the horizon While the integration of robots and artificial intelligence (AI) into everyday life seemed like a far-off reality just a few...

World Economic Forum Highlights AI as a Global Threat

The World Economic Forum (WEF) has recently unveiled its 19th Global Risks Report, shedding light on the emergence of artificial intelligence (AI) and quantum...

GRIT Act Proposes Gambling Addiction Federal Funding

A positive move A new proposal in Congress aims to create a federal funding framework for gambling addiction services in the US. Oregon Representative Andrea...

We are on the brink of the future we dream of

AI and machine learning have undoubtedly captured the attention of the tech world and we are closer to AI-quantum computing than we thought. The buzz...

Market Risks in 2024: Insights from Ex-Bridgewater Strategist Patterson

In an interview on Bloomberg TV earlier today, Rebecca Patterson, the former Chief Investment Strategist at Bridgewater Associates, shared her perspective on the various...

Whither arms restraint under Biden’s watch?

For a president who, within his first 20 days in office, announced an end to “all American support for offensive operations in the war...

Canada to Cap Oil & Gas Emissions at 38%: Balancing Climate Goals and Industry Concerns

The Canadian government has introduced a new rule to limit greenhouse gas emissions from the country’s oil and gas companies. Federal ministers aim to...

Singapore Updates AI Strategy to Tackle GenAI Risks

Singapore has updated its AI strategy, which will see it triple AI talent, address the emerging risks from generative AI, and have implications for...

AI leading to job growth, not cuts, ECB report concludes

Concern over AI coming for our jobs appears to be unfounded, though it's not clear what effect this newest wave of automation will have...

Binance CEO’s Guilty Plea Reshapes Crypto Regulation

In a development that’s sending shockwaves through the cryptocurrency world, Changpeng Zhao, the co-founder and CEO of Binance, has admitted to violating U.S. anti-money...

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