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European banks plan to cut 200,000 jobs as AI takes hold – Yahoo Finance
ByWirePaw<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==" alt="Fintech electronic banking internet network finance technology | Image Credits:Getty Images” loading=”eager” height=”640″ width=”960″ class=”yf-lglytj loader”> Fintech electronic banking internet network finance technology | Image Credits:Getty Images Europe’s banking sector is about to get a tough lesson about efficiency. According to a new Morgan Stanley analysis reported by the Financial Times, more than…
Powerball jackpot balloons to $1.5 billion ahead of Saturday drawing – NBC News
ByWirePawThat’s one hot ticket. The Powerball jackpot grew to $1.6 billion after no winner was drawn Saturday night. The prize, which has an upfront cash value of $735.3 million before taxes, is now the fourth largest in the Powerball history and the fifth largest among U.S. lottery jackpots. The 45-drawing streak without a winner will…
Asia tech stocks rally as Nvidia earnings soothe AI slowdown fears – CNBC
ByWirePawIn this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images News | Getty Images Asian tech stocks rallied in early trading on Thursday as stronger-than-expected results from Nvidia eased concerns that momentum in artificial intelligence sector was cooling. Shares of South Korean chipmaking giants Samsung Electronics and SK Hynix jumped…
OpenAI president forced to read his personal diary entries to jury – Ars Technica
ByWirePawThe entries cited during the trial were written between 2015, when OpenAI was founded, and 2023, when Brockman and OpenAI CEO Sam Altman were briefly ousted as leaders over the OpenAI board’s alleged safety concerns. Musk hopes the diary entries paint Brockman as a money-hungry executive who, early on, cared little about OpenAI’s mission. To…
Washington’s struggling economy takes another hit from the government shutdown – AP News
ByWirePawWASHINGTON (AP) — With the combination of the longest government shutdown, the mass firings of government workers and a fresh cut in federal food aid, the Capital Area Food Bank in Washington is bracing for the swell of people who will need its help before the holiday season. The food bank, which serves 400 pantries…
People Who Lose Their Job to AI Are in for a World of Pain, Goldman Sachs Report Finds – Futurism
ByWirePawSign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech A new study by economists at Goldman Sachs has discovered something that should come as no surprise to most workers: losing your job to new technology can seriously mess up your life in ways that will cause ripples…
