Microsoft Layoffs Highlight AI-Driven Hiring Pauses https://www.byteseu.com/1019062/ #AI #ArtificialIntelligence #BrookingsInstitution #COCACOLACO/THE #engineering #Jobs #labor #MicrosoftCorp #Norway #Policy #software #WeekendEdition

“The story of automation in the US is that it has mostly impacted on manual workers in manufacturing. For example, factory employees — such as carmakers — performing routine tasks have lost their jobs to robots — or lower-cost Asian competitors.

#IndustrialAutomation has tended to affect lower-skilled, #BlueCollar jobs in the “#rustbelt” heartlands and small-town, less-educated communities in the south and midwest.

But a recent study from the #BrookingsInstitution suggests that the communities most exposed to AI-driven job dislocation will be #WhiteCollar information workers. The researchers studied the usage of #OpenAI’s #GenerativeAI tools across more than 1,000 occupations and mapped this against where those jobs were most commonly located.

Their analysis suggests that many #coders, #lawyers, #FinancialAnalysts and #bureaucrats in cities such as San Jose, San Francisco, Durham, New York and Washington DC might want to rethink their futures. But #NonOffice-bound #workers in places such as Las Vegas, Toledo, Ohio and Fort Wayne, Indiana may be less exposed to AI disruption.”

My observation since 2022 when #ChristopherHohn an influential shareholder decided to *speak out* about “reducing its head count and paying (hi-tech) workers less”. [1]

This is the decade where extreme (cost) pressure will be forced on White collar workers by the introduction of AI.

<https://archive.md/YqF03> / <https://www.ft.com/content/04343a69-8204-493c-b8c6-edfbd4057199> (paywall)

[1] <https://www.forbes.com/sites/jonathanponciano/2022/11/15/billionaire-hedge-fund-investor-urges-alphabet-to-cut-costs-no-justification-for-salaries-that-are-too-high/>

Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype - A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concern... - https://news.bitcoin.com/cornell-professor-warns-of-growing-crypto-risks-amid-misleading-promises-and-hype/ #brookingsinstitution #decentralizedfinance #traditionalfinance #cryptocurrency #kamalaharris #newyorktimes #donaldtrump #eswarprasad #featured #binance #bitcoin #cornell #crypto #ftx #sec

From ‘Data Dumping’ to ‘Webbing’: How Robert F. Kennedy Jr. Sells Misleading Ideas - The candidate for the Democratic presidential nomination uses logical leaps and rhetorica... - https://www.nytimes.com/2023/09/12/technology/robert-f-kennedy-jr-antivaccine-rhetoric.html #ethicsandofficialmisconduct #vaccinationandimmunization #presidentialelectionof2024 #rumorsandmisinformation #brookingsinstitution #conspiracytheories #kennedyrobertfjr