Dukaan, an Indian e-commerce company, suddenly has 90 percent fewer workers. In their place, it has a chatbot one of the company’s data scientists created over a span of two days.
Author: admin (Kendrick Williams)
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MORE THAN A THIRD OF WORKERS EXPECT TO BE REPLACED BY AI
Thirty-six percent of workers expect AI to either eliminate their job or take it from them, according to a new Ipsos poll of 22,186 adults in 31 countries.
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BUILDINGS ARE BREAKING. THE CLIMATE CRISIS IS THE CAUSE.
The ground underlying urban centers is shifting, causing buildings’ foundations and structures to crack, and the cause is the world’s rising temperature, according to a first-of-its-kind study just released by researchers at Northwestern University.
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PSEUDO-PSYCHEDELIC DRUG TREATS DEPRESSION WITHOUT THE “TRIP”
Psychedelic drugs are having a moment as the new breakthrough treatment for depression.
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TOYOTA RE-ENERGIZES EXPECTATIONS FOR SOLID-STATE EV BATTERIES
By 2027, Toyota will perfect a solid-state battery for all-electric vehicles, the company announced on 4 July.
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ECONOMIC UPDATE – MARKET OVERVIEW
Equity markets in the U.S. are rising as fear of a recession diminishes and corporate profits continue to increase. But while the expectations for economic growth keep rising, the value of the dollar keeps falling. Sinking to a one-year low on anticipation that the Federal Reserve will, at best (or worst) raise interest rates just another 50 basis points and then start lowering them, last week the dollar had its worst week of the year... and the downward trend line continues.
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SPOTLIGHT, TOP TREND 2023: OFFICE BUILDING BUST
The plunging number of people commuting five days a week to central offices could slash the value of office real estate by $800 billion in nine key cities by the end of this decade, according to an analysis by the McKinsey Global Institute.
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HOW AI “FORGETS” RELEVANT FACTS WHEN PRESENTING INFORMATION
In the course of writing this week’s article about EV technology, I had a fascinating exchange with Google’s generative text based AI, called Bard.
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SPOTLIGHT: BIGS GETTING BIGGER
As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend… which hit record highs at the height of the COVID War in 2021 when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
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