Workday faces a lawsuit alleging its AI-powered job applicant screening technology discriminates against applicants over 40, rejecting hundreds of applications without human review, raising concerns about AI bias in hiring practices.
A UN report finds that jobs traditionally held by women, such as administrative and clerical roles, are nearly three times more vulnerable to disruption by artificial intelligence compared to male-dominated fields, especially in high-income countries, with 9.6% of female jobs at risk versus 3.5% of male jobs.
In a bold move, fintech company Klarna used an AI avatar of its CEO to deliver its latest earnings report, showcasing its commitment to AI and touting its role in achieving profitability and streamlining its workforce by 40%, while hinting at the potential for AI to replace human CEOs.
A recent survey found that nearly 7 in 10 companies now use AI for work, with employees encouraged to utilize it for tasks like scheduling, data analysis, and content writing, signaling a major workplace shift towards AI adoption and integration.
As AI automates entry-level tech tasks, companies are slashing junior hiring by over 50% since 2019, prioritizing experienced hires and leaving recent graduates struggling to find jobs or delaying careers with grad school amid record unemployment gaps.
Klarna's reliance on AI has driven significant efficiency, with revenue per employee soaring to nearly $1 million, up from $575,000 a year prior, thanks to cost reductions like replacing 700 customer service contractors with AI chatbots, though human agents will still be available.
Unveiling AI's Dark Underbelly exposes the exploitation of workers and artists by tech giants, who train AI models on copyrighted works without consent, raising ethical concerns and proposing alternative visions for responsible AI development through curated datasets and community consent.
Klarna, a fintech company, has slashed its workforce by a staggering 40% due to accelerated adoption of artificial intelligence and a hiring freeze, as revealed by CEO Sebastian Siemiatkowski, highlighting the disruptive impact of AI on the job market.
Pope Leo XIV, pledging to uphold Catholic values, has identified artificial intelligence as a crucial challenge in safeguarding human dignity and workers' rights, signaling a humble and fraternal approach to his papacy.
Meta appoints former Google DeepMind director Robert Fergus to rescue its struggling FAIR lab as researchers flee en masse to competitors and the company's own GenAI division.