Generative AI
MIT study finds AI can already replace 11.7% of U.S. workforce
People walk on the campus of Massachusetts Institute of Technology in Cambridge, Massachusetts, April 15, 2025. Joseph Prezioso | AFP | Getty Images Massachusetts Institute of Technology on Wednesday released a study that found that artificial intelligence can already replace 11.7% of the U.S. labor market, or as much as $1.2 trillion in wages across […]
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Nvidia name-checks Michael Burry in secret memo pushing back on AI bubble allegations
watch now VIDEO3:0903:09 Why investor Michael Burry is shorting AI leaders like Nvidia and Palantir News Videos The fight between Nvidia and one of its loudest naysayers, investor Michael Burry, is escalating. Following the “Big Short” investor’s series of social media posts arguing that the artificial intelligence investment boom is replaying the dotcom bubble from […]
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In a one-sided relationship with an AI chatbot? Here’s 2025’s Word of the Year
Cambridge Dictionary named “parasocial” as Word of the Year for 2025. Francesco Carta Fotografo | Moment | Getty Images AI chatbots, Taylor Swift, and social media influencers all played a part in deciding Cambridge Dictionary’s Word of the Year, 2025: “parasocial.” Parasocial — revealed by the global dictionary on Tuesday as its word of the […]
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In defense of junior staff: Why replacing young people with AI could spark a ‘talent doom cycle’
In the U.S., postings for entry-level jobs have declined about 35% since January 2023, per data from labor research firm Revelio Labs. Cemile Bingol | Digitalvision Vectors | Getty Images As more companies brazenly declare AI-driven layoffs in 2025, the first jobs on the chopping block appear to be junior positions and entry-level jobs. Graduate […]
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Data centers are concentrated in these states. Here’s what’s happening to electricity prices
Electricity prices are surging, voters are growing angry, and the artificial intelligence industry’s data centers are increasingly a target for blame with U.S. mid-term elections on the horizon. Residential utility bills rose 6% on average nationwide in August compared with the same period in the previous year, according to the U.S. Energy Information Administration. The […]
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Too early to bet against AI trade, State Street suggests
ETF Edge Too early to bet against AI trade, State Street suggests Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source
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