The number of U.S. workers laid off in May was 47 percent higher than May last year, according to a report by outplacement firm Challenger, Gray & Christmas. The firm reported 93,816 layoffs by U.S. employers in May, up from 63,816 layoffs last May. The total number of job cuts through the end of May was 696,309, an increase of 80 percent from the 385,589 job cuts in the first five months of last year.
Tag: AI
CHINA PLANS NETWORK OF AI SUPERCOMPUTERS IN SPACE
Last month, China launched the first 12 satellites into Earth orbit that will become part of a cluster of 2,800, ultimately forming something called the Three-Body Computing Constellation.
AI SAVED TYPICAL U.K. GOVERNMENT WORKER TWO WEEKS A YEAR, STUDY SAYS
Government workers who use AI for routine administrative tasks boosted their productivity enough to gain more than two weeks’ worth of time in the course of a year, according to a government test designed to see if AI could boost productivity.
AI TAKES JOBS FROM THE PEOPLE WHO MADE AI POSSIBLE
Not every business has figured out how to make a profitable return on its AI investment, but some of those making out best are using AI to supplement—or, in some cases replace—high-salaried software engineers. Startups that offer AIs able to look over and improve humans’ coding, or write entire blocks of code on their own,......
XAI SELLS $5 BILLION IN DEBT, VALUES ITSELF AT $113 BILLION
Elon Musk’s xAI has retained Morgan Stanley to shepherd a $5-billion funding package that would value the AI developer at $113 billion.
META WILL AUTOMATE ALL ADS BY 2027
Meta Platforms has announced it will automate all advertising on its various social media venues before the end of next year.
“GODFATHER OF AI” SAYS NEW MODELS ARE DEVIOUS AND DANGEROUS
Yoshua Bengio, a Turing Award-winning computer scientist regarded by many as a founder and godfather of AI, says developers are racing to build bigger models faster and, as a result, their newest versions are showing dangerous behaviors.
TECHNOCRACY BRIEFS: HEADLINES PROVING OUR FORECASTS EVERY DAY
AI Humanoid at your door, delivering from Amazon? Get ready for it—and say your goodbyes to that friendly human neighborhood delivery person supporting themselves and their family via their job.
NOTHING YOU SAY TO AI IS PRIVATE
Assume that generative and agentic AI, whether standalone platforms, or integrated into productivity apps and web searches, provide zero privacy concerning your conversations and uses of it. Were they built primarily as next level surveillance agents? They certainly are such stupendous honeypots of user data and info, that it has become a core use case......
AI TRANSFORMS PR
A basic function of public relations firms is to churn out a constant flurry of releases touting their clients’ products, achievements, and talent pools.









