Automation is coming for private equity’s junior roles – The Financial Times
The 1992 book Merchants of Debt, a critical history of the private equity firm KKR, recounts the moment in the early 1980s when a firm
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Google Taps AI to Revamp Costly Health-Care Push Marred by Flops – Bloomberg
Nini Loomis, a registered nurse with almost two decades of experience, was tasked with testing a new Google-powered tool that uses artificial intelligence to analyze
It’s Inflation Week in the US. But Everyone’s Talking About Jobs – Bloomberg
While the big indicator of the week in the US is Wednesday’s consumer price index, the big debate remains what exactly happened two weeks back.
No god in the machine: the pitfalls of AI worship
The rise of artificial intelligence has sparked a panic about computers gaining power over humankind. But the real threat comes from falling for the hype
PODCAST: At The Money: Humans Are Not Built For Investing
Of all the many things Humans do brilliantly well, investing isn’t one of them. As a group, we are easily excited, focused on the wrong
Meeting Global Challenges Requires Financial Innovation
The sums required to meet global challenges like mitigating climate change and strengthening financial-market stability far exceed available public funding. Attracting voluntary private investment, however,
Small US Inflation Pickup Won’t Derail a Fed Rate Cut in September – Bloomberg
US inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from a widely anticipated interest-rate cut next month. The
Customers didn’t stop spending. Companies stopped serving – CNN
When Wall Street traders decide they’ve maxed out the value they can get from a particular sector of the market — tech, say — they’ll
What can Olympians teach executives? – The Economist
I want to be successful. That person is successful. So that person can teach me how to be successful. This syllogism helps explain the torrent
Why August is one of the most dangerous months in the financial calendar – The Guardian
Fears of a recession in the US. The biggest one-day fall on the Japanese stock market since 1987. Policymakers away on their summer breaks, leaving