Mass Layoffs and Absentee Bosses Create a Morale Crisis at Meta – The New York Times
“Raise your hand if you know who is getting fired?” a Meta employee wrote in an online chat group for the company’s engineers this month.
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ChatGPT is about to revolutionize the economy. We need to decide what that looks like.
Whether it’s based on hallucinatory beliefs or not, an artificial-intelligence gold rush has started over the last several months to mine the anticipated business opportunities
Global Economic Chiefs Split Over Rich-World Call for Resilience – Bloomberg
Global finance chiefs, gathering in Washington little more than a year after the shock Russian invasion of Ukraine, are drawing sharply different conclusions about the
Debt ceiling jitters drive up cost of insuring against US default – The Financial Times
The cost of buying insurance against a US government default has shot to its highest level in more than a decade, in an early sign
Amazon is ‘investing heavily’ in the technology behind ChatGPT – CNN
Amazon wants investors to know it won’t be left behind in the latest Big Tech arms race over artificial intelligence. In a letter to shareholders
Supplier Prices Fell in March, Adding to Signs of Moderating Inflation – WSJ
U.S. supplier prices fell in March by the most in nearly three years, the latest evidence that inflation is moderating. The producer-price index, which generally
Innovation unleashed: how the cloud has revolutionised financial services – The Financial Times
The cloud has transformed financial services. From data analysis to resilience, cyber security to customer service, it has enabled a period of incredible innovation and
Banks need to do more to ensure responsible AI use
The hype around artificial intelligence (AI) has skyrocketed since the launch of ChatGPT, the chatbot from OpenAI. In just two months, ChatGPT was estimated to
PODCAST: EY: Breaking up is hard to do
EY has scrapped plans to break up its audit and consulting businesses, the IMF has warned the global economy could be in for a “hard
How the state could take control of the banking system – The Economist
America’s banking conflagration may have died down, but the clean-up continues. Small and midsized banks have lost about $260bn in deposits this year. The Federal