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Mar 26, 2024

Survey reveals almost half of all managers aim to replace workers with AI, could use it to lower wages

Posted by in categories: employment, robotics/AI

A hot potato: A lot of companies try to assuage fears that employees will lose their jobs to AI by assuring them they’ll be working alongside the tech, thereby improving efficiency and making their duties less tedious. That claim feels less convincing in light of a new survey that found 41% of managers said they are hoping to replace workers with cheaper AI tools in 2024.

A report by Beautiful.ai, which makes AI-powered presentation software, surveyed over 3,000 managers about AI tools in the workplace, how they’re being implemented, and what impact they believe these technologies will have.

The headline takeaway is that 41% of managers said they are hoping that they can replace employees with cheaper AI tools in 2024. This backs up previous reports that looked at potential jobs losses caused by generative AI, including one from September that predicted the technology would replace over 2 million US jobs by 2030. An earlier study claimed that generative AI could affect 300 million jobs globally.

Mar 26, 2024

Mark Zuckerberg is writing personal emails to AI researchers at Google’s DeepMind to recruit them: report

Posted by in categories: employment, robotics/AI

Besides personal emails from Meta’s chief, the company is offering jobs to candidates without interviewing them, The Information has reported.

Mar 24, 2024

Lack of Focus Doesn’t Equal Lack of Intelligence — It’s Actually Proof of an Intricate Brain

Posted by in categories: employment, media & arts, neuroscience

Research conducted by Brown University’s Carney Institute for Brain Science illustrates how parts of the brain need to work together to focus on important information while filtering out distractions.

Imagine a busy restaurant: dishes clattering, music playing, people talking loudly over one another. It’s a wonder that anyone in that kind of environment can focus enough to have a conversation. A new study by researchers at Brown University’s Carney Institute for Brain Science provides some of the most detailed insights yet into the brain mechanisms that help people pay attention amid such distraction, as well as what’s happening when they can’t focus.

In an earlier psychology study, the researchers established that people can separately control how much they focus (by enhancing relevant information) and how much they filter (by tuning out distractions). The team’s new research, published in Nature Human Behaviour, unveils the process by which the brain coordinates these two critical functions.

Mar 23, 2024

Loneliness during young adulthood affects future job prospects and social standing, study finds

Posted by in categories: biotech/medical, economics, education, employment

Lonely young adults are more prone to being disengaged from education or employment and perceive themselves as less employable, according to the study published in the journal Social Science and Medicine recently. As a consequence, such individuals tend to get positioned lower on the economic ladder compared to their less lonely counterparts.

Findings revealed that young adults who grappled with loneliness earlier in life encountered challenges in their young adulthood, irrespective of their current loneliness status. This underscores the long-term economic implications of loneliness and the potential economic benefits of addressing loneliness during early adolescence.

Mar 22, 2024

Intel scores massive $8.5 billion CHIPS Act funding deal

Posted by in categories: computing, employment

The massive CHIPS investment will support Intel’s construction and expansion projects across four states and is also likely to create nearly 30,000 jobs.

Mar 20, 2024

Elon Musk Predicts A ‘Universal High Income’ As Jobs Are Phased Out And Employment Becomes Obsolete — It’ll Be ‘Somewhat Of An Equalizer’

Posted by in categories: Elon Musk, employment, robotics/AI

Elon Musk made some striking predictions about the impact of artificial intelligence (AI) on jobs and income at the inaugural AI Safety Summit in the U.K. in November.

The serial entrepreneur and CEO painted a utopian vision where AI renders traditional employment obsolete but provides an “age of abundance” through a system of “universal high income.”

“It’s hard to say exactly what that moment is, but there will come a point where no job is needed,” Musk told U.K. Prime Minister Rishi Sunak. “You can have a job if you want to have a job or sort of personal satisfaction, but the AI will be able to do everything.”

Mar 19, 2024

The Future of Jobs Report 2023

Posted by in categories: economics, employment

Explores how jobs and skills will evolve over the next five years. This fourth edition of the series continues the analysis of employer expectations to provide new insights on how socio-economic and technology trends will shape the workplace of the future.

Mar 15, 2024

AI Agents Take the Wheel: Devin, SIMA, Figure 01 and The Future of Jobs

Posted by in categories: employment, robotics/AI

Devin, SIMA, Figure 1, all in 24 hours. What does it mean and are AI models taking the wheel? I’ll go through 5 relevant papers and 11 articles to get you all the relevant details, from what exactly Devin accomplished, and didn’t, to DeepMind’s new AGI-attempt-in-3D (SIMA) to just how far AI agents have come and what that means for the future of jobs. They’ll also be a guest star … discussing … me?

AI Insiders [Exclusive videos, Discord, Interviews and More]: / aiexplained.

Continue reading “AI Agents Take the Wheel: Devin, SIMA, Figure 01 and The Future of Jobs” »

Mar 14, 2024

World’s first AI software engineer Devin announced, it can write, code, create using single prompt

Posted by in categories: employment, robotics/AI

There is a new AI tool so smart that it can write code, create websites, and software with just a single prompt. Devin, created by the tech company Cognition, is the first AI software engineer. It can do pretty much everything you ask it to do. And the AI tool does not come with the intention to replace human engineers, it is designed to work hand-in-hand with them. The makers say that the AI tool has not been launched to replace human engineers but to make their lives easier.

“Today we’re excited to introduce Devin, the first AI software engineer. Devin is the new state-of-the-art on the SWE-Bench coding benchmark, has successfully passed practical engineering interviews from leading AI companies, and has even completed real jobs on Upwork. Devin is an autonomous agent that solves engineering tasks through the use of its own shell, code editor, and web browser,” Cognition posted on Twitter aka X.

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Mar 14, 2024

Humanoid robot can do chores and hold conversations

Posted by in categories: employment, robotics/AI

AI startup company Figure, which emerged from stealth last year, has unveiled the latest upgrades to its Figure 1 humanoid robot.

Founded in 2022 and publicly announced in March 2023, Figure is a California-based company with 80 employees that is building autonomous, general‑purpose humanoid robots. Its aim is to address labour shortages, fill jobs that are undesirable or unsafe for humans, and support a supply chain on a global scale.

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