Alphabet CEO Sundar Pichai dismisses fears of AI displacing workers, emphasizing the company's expansion plans and viewing AI as an accelerator for product development and job creation, while acknowledging concerns about job displacement and uncertainty around achieving artificial general intelligence.
SAP announces massive Business AI expansion to over 400 scenarios by 2025, transforming Joule into an AI-powered interface with autonomous workflow agents that can execute complex tasks across multiple applications while eliminating manual prompt engineering.
Elon Musk's brief but tumultuous stint in the Trump Administration as head of the cost-cutting DOGE agency ended, leaving behind a controversial legacy of sweeping cuts and layoffs amidst unmet savings goals, legal challenges, and clashes with officials.
Elon Musk and multiple senior officials are departing Trump's Department of Government Efficiency (DOGE) as their 130-day tenures as special government employees expire, signaling potential shifts in the administration's aggressive cost-cutting efforts that have sparked legal battles.
Microsoft secures a massive deal to provide 100,000 Copilot AI licenses to Barclays, signaling the banking giant's bet on AI for streamlining workflows and enhancing decision-making across its workforce.
Salesforce has quietly acquired Moonhub, a startup building AI tools for talent recruitment, evaluation, and hiring, with the entire Moonhub team joining Salesforce to advance its AI strategy, accelerating Moonhub's mission in the rapidly growing AI-powered HR tech space.
As AI rapidly advances towards artificial general intelligence (AGI), experts warn it could eliminate half of entry-level white-collar jobs within five years, reshaping the economy and severing the link between labor and value creation, potentially leading to a loss of worker bargaining power and widespread technological unemployment.
McKinsey's AI tool Lilli, used by over 75% of its employees monthly, creates PowerPoints and handles tasks traditionally done by junior workers, allowing them to focus on higher-value work for clients.
Google's AI assistant Gemini will now automatically summarize long emails, displaying key points at the top, unless users opt out of this feature, marking AI's increasing presence in everyday software and services despite concerns over accuracy.
The CEO of AI firm Anthropic, Dario Amodei, warns that AI could eliminate 50% of entry-level office jobs soon, part of a Silicon Valley script hyping AI's potential to fix everything after ruining everything first, despite lack of evidence to support such dramatic claims.