Despite headlines claiming that AI is taking jobs and replacing staff the reality is few businesses have the ability to set up whole new lines of businesses to replace the function that has been replaced by AI, said Gartner.
Artificial intelligence in the office and the factory: Evidence from administrative software registry data
The rapid adoption of AI in the workplace has raised concerns about job loss. This column uses data covering all AI-related commercial software registered with Brazil’s National Institute of Industrial Property to show how AI is affecting the labour market in two distinct ways. In the factory, AI increases employment of low-skilled workers by making machines more productive and easier to operate. In the office, however, it automates tasks previously done by workers. Because the effect on production workers dominates, AI increases employment and decreases inequality.
Cisco launches AI-driven data fabric powered by Splunk
The Cisco Data Fabric and Splunk Federated Search for Snowflake will enable enterprises to unify, analyze, and gain insights from distributed business and machine data.
Publishers fear AI summaries are hitting online traffic
Google’s AI overviews are diverting traffic away from online newspapers and other publications.
Microsoft taps Nebius to supply up to $20bn of AI computing power
Big Tech group inks five-year deal to help power its artificial intelligence ambitions
Sam Altman says that bots are making social media feel ‘fake’
After watching Reddit’s OpenAI and Anthropic communities, Sam Altman thinks social media cannot be trusted. And bots are to blame.
Comedian Jeff Dunham bringing 'Artificial Intelligence' tour to Des Moines
Anthropic backs California bill that mandates AI transparency measures
The bill, if passed, would set some of the first broad legal requirements for AI companies in the United States.
Nebius signs $17.4 billion AI infrastructure deal with Microsoft, shares jump
Nebius Group said on Monday it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term, sending its shares soaring over 47% after the bell.
Nebius rockets after inking $17.4B deal with Microsoft for AI infrastructure (NBIS:NASDAQ)
Nebius Group (NBUS) shares rocketed more than 40% during post-market trading on Monday after the company inked an agreement with Microsoft (MSFT) to provide artificial intelligence infrastructure for $17.1B over the next five years.