New York Post

Artificial intelligence could render many jobs such as cashiers and drivers obsolete — leading to widespread social unrest, according to a senior Wall Street finance executive.

Armen Panossian, a co-CEO of the Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that AI poses “the biggest risk” because while it “clearly has the potential for very large economic gains,” it will also have “societal impacts.”

“Millions of people could be out of jobs. So who’s going to retrain those people?” Panossian told Bloomberg News.

“If we don’t figure that out, there could be social unrest.”



I asked AI to help with dinner and...

Top Wall Street exec predicts ‘social unrest’ due to AI: ‘Millions of people could be out of jobs’

TechRadar

A growing number of US corporations are recognising artificial intelligence as a potential risk in their annual reports, new research has claimed.A report from Arize AI claims, 281 of the Fortune 500 companies noted AI as a risk factor in their latest filings – a staggering 473.5% increase compared with last year.Recognition of the risks surrounding AI tools comes after many months of development and hundreds of new tools, both within enterprise and consumer realms.
Businesses are worried about AI
Moreover, the technology is on the tips of many business leaders’ tongues – 152% more companies mentioned AI this year than last, indicating...

Fortune 500 companies are getting increasingly worried about AI

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Virginia State

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. Meghan Markle's venture into the lifestyle space has not been met with universal acclaim, particularly from one well-known figure: Martha Stewart. Earlier this year, in March, Meghan unveiled her new lifestyle brand, American Riviera Orchard. The brand immediately drew comparisons to other celebrity wellness empires, particularly that of culinary icon Martha Stewart. However, these comparisons have reportedly struck a nerve with Stewart, who finds them both "irritating and insulting."

Meghan Markle 'Insulted' Martha Stewart as She 'Won't Hesitate to Take Her Down

These growing companies could multiply your money over the next decade. Artificial intelligence (AI) is estimated to add trillions in value to the global economy through cost savings and productivity gains in the coming years. The returns for investors could be very lucrative, if you own the right stocks. While...

2 AI stocks to Buy Now With $200

ITPro

The move marks the second round of Cisco layoffs so far this year, with 7% of its global headcount expected to be cut

Cisco layoffs cut deeper than expected as firm ramps up AI focus

Condé Nast announced a multiyear partnership with artificial intelligence startup OpenAI, the publishing giant’s CEO Roger Lynch told staff Tuesday. The deal’s details are not clear from Lynch’s memo, but he told employees that the agreement would “expand the reach of Condé Nast’s content” and ensure that it is correctly attributed and compensated for.

OpenAI strikes content deal with Condé Nast

All of the investments made this year by Bezos' family office — called Bezos Expeditions — have been in artificial intelligence, according to data provided to CNBC by FINTRX, a private wealth intelligence platform. Bezos Expeditions has always tilted heavily toward tech. Fully 70% of the family office's...

Jeff Bezos' family office is making big investments in AI

Salem, OH

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Northern Kentucky Tribune

Every day, 8-year-old Emma sits in a small garden outside her grandmother’s home in Salem, Ohio, writing letters to her mom and sometimes singing songs her mother used to sing to her.

Thousands of parents die of overdoses; advocates say their kids need more help

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

MarketRealist

For about three days, he became the world's richest person, outranking the Microsoft founder

Meet the man who was once richer than Bill Gates. Then, he lost $70 billion in one go

Entrepreneur

Most business leaders plan to use AI agents to automate tasks within the next few years.

'Human-Capable' AI Agents Will Change the Workforce Within 3 Years, According to a CEO Currently Creating the 'Perfect' AI Employee

Chicago, IL

Kamala Harris has ridden a wave of positive press coverage to the United Center in Chicago, but to judge by the grumbling here in Chicago, the honeymoon may be ending soon. The Democratic National Convention — off to a smooth start by all outward metrics — has also featured logistical headaches, like long lines, bad internet connections, expensive price tags, and limited access to the floor, leaving many of the 15,000 credentialed media grumbling, and their representatives openly battling convention organizers.

A friendly media grows grumbly in Chicago

Los Angeles County, CA

Herbie J Pilato

[Note: The quotes and commentary that appear in this article are from an interview the author conducted with David White in 1989.]. Actor David White, who died in 1991, found great success for his best-known and likable performance as the devious advertising executive Larry Tate on the classic TV sitcom,Bewitched (ABC, 1964-1972).

'Bewitched' Actor David White Forever Mourned the Tragic Pan Am/Lockerbie Death of His Son

ComingSoon

Many are curious about Mark Zuckerberg’s wife, wondering who she is, her work, and how their relationship has evolved over the years. When it comes to tech moguls, few names are as prominent as Zuckerberg, the founder of Facebook. However, beyond his digital empire, there’s a significant figure who has been by his side throughout his journey—his wife.

Who Is Mark Zuckerberg’s Wife? Priscilla Chan’s Age, Job & Relationship History

Despite tech conglomerate Cisco posting $10.3 billion in profits last year, it's still laying off 5,500 workers as part of an effort to invest more in AI, SFGATE reports. It joins a litany of other companies like Microsoft and Intuit, the maker of TurboTax, that have used AI as justification for the mass culling of its workforce.

Tech Company Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit

Florida State

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Until only a few years ago, the assumption was that 9-5 office-based work was the best thing for business. Now, thanks to the global remote-work experiment kickstarted by COVID, the majority of companies have moved the needle on remote working – including major tech corporations like Google. While Google’s...

Fully Remote Jobs at Google You Can Apply for in August 2024

The coffee company announced that Brian Niccol will assume the roles of chairman and CEO at Starbucks beginning September 9. In the interim, Rachel Ruggeri will step in as acting CEO. Starbucks also plans to have Mellody Hobson shift from her role as board chair to the lead independent director.

Starbucks replaces CEO amidst activist pressure

In an upcoming book about Microsoft cofounder Bill Gates, a reporter is set to air some of the billionaire philanthropist's dirty laundry — including more of his alleged issues with young women in the workplace. As the Daily Mail details per its read of the book penned by New...

Microsoft Reportedly Had to Ban Bill Gates From Being Alone With Interns

NewsBreak

The biggest US firms are worried about AI

More than half of Fortune 500 companies see artificial intelligence as a potential risk to their business, according to a review of their annual reports....

The biggest US firms are worried about AI

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