In 2023, the U.S. trade deficit with China fell to its lowest since 2010 as U.S. firms and government agencies continued to “reshore” and “friendshore” their suppliers to protect the flow of materials and in response to China’s stumbling economy and the country’s geopolitical tensions with the West.
As more and more low- and modest-income households find it harder to pay their rent, the well-off are being offered discounts on their housing costs.
For the past two years, companies were desperate for workers, raising wages and offering various work-related concessions. Now that the labor market has begun to rebalance, employers are regaining power in their dealings with employees, the Financial Times reported.
Funny how the same mega tech companies that claim they can’t keep track of data they scrape and use to train their AI systems, are busy building ways to comprehensively track what people produce using those same systems.
Google has changed the name of its Bard AI chatbot to Gemini, matching its moniker to that of the AI models that power it.
Ahead of New Hampshire’s presidential primary, Democratic voters received a robocall from Joe Biden telling them not to vote.
An employee at a financial firm was conned by an AI-generated deepfake into transferring $25 million to thieves.
Since the COVID War sent white-collar workers home, San Francisco’s office vacancy rate crumbled to a record 35.9 percent in December, the San Francisco Chronicle reported. More than a third of the city’s office space is empty, the most in the U.S.
AI will compete for jobs most strongly not with retail clerks and dental hygienists but with highly paid, college-educated office workers, a new study by the Burning Glass Institute (BGI) and SHRM, formerly the Society for Human Resource Management, reported last week.
Amazon, a late entry into the AI free-for-all, has announced that customers can now get help from Rufus, an AI-enabled digital shopping assistant.