Artificial intelligence or AI, mainly more popular generative AI, is being considered as a potential risk factor by majority of Fortune 500 companies, according to a report from research firm Arize AI. The survey of major U.S. corporations' annual reports, "The Rise of Generative AI in SEC Filings" indicates that...

Major Fortune 500 Companies See AI As Potential Risk: Study

More than half of the Fortune 500 companies in the United States view artificial intelligence (AI) as a potential risk to their business, according to a new survey by Arize AI. The research, which tracks public disclosures by large businesses, found that 56% of these companies cited AI as a "risk factor" in their most recent annual reports. This is a significant increase from just 9% in 2022, highlighting the growing concern among major corporations about the potential downsides of AI.

Companies See AI As Risk

The Independent

Global equities markets began the week with a steep plunge, reacting to the possibility of a coming US recession that Goldman Sachs economists pegged at 25 percent.On Monday morning, the Dow Jones Industrial Average fell 945 points, or nearly 2.5 percent, to ​​38,791.28. In simple terms, if on Friday you had $100 in a fund tracking the Dow, you would now have about $97.50. The two other major indexes, the S&P 500 and the Nasdaq Composite, were down mid-morning by roughly 3 percent and 6 percent, respectively. At the end of the session, the Dow was down 2.6 percent, sliding...

Experts are warning of a global recession. Here’s what that actually means

Warren Buffett's stake in Apple is currently worth $135 billion. Shares of Apple are soaring as investors are encouraged by the company's new artificial intelligence (AI) services. While it can be tempting to follow momentum, Apple still has a lot to prove when it comes to competing in AI. Apple...

Billionaire Warren Buffett Has $135 Billion Invested in Just 1 Artificial Intelligence (AI) Stock. Is It Time to Buy?

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

JPMorgan Chase is updating its economic outlook amid increasing market turbulence and growing fears of an impending recession. The bank’s global research division says the US economy is showing signs of a slowdown, pointing to the rising unemployment rate and a weaker-than-expected July jobs report. In light of the...

JPMorgan Chase Raises Probability of Imminent US and Global Recession, Abruptly Shifts Forecast on Fed Rate Cuts

For the most part, car enthusiasts like going fast. I mean, I know I do, but a lot of the time those speeds are frowned upon by “the law” and “other motorists” and “common sense.” Because of that, we’ve got to find our high-speed thrills elsewhere.

The 13 fastest roller coasters on Earth

Tron’s SunPump soars out of the gate, but signs suggest the memecoin boom could be slowing down. The memecoin narrative is losing steam. Tron recently launched SunPump, making it easy for anyone to create their own memecoins. SunPump‘s growth metrics are impressive. Memecoins persist in challenging traditional views...

Tron’s SunPump Growth Defies Memecoin Death Narrative

Palantir just reported another stellar quarter of robust growth that validates its long-term opportunity. Microsoft is enjoying momentum as it rolls out Copilot and other AI services across its business. These stocks can help you cash in on this burgeoning new industry. The adoption of artificial intelligence (AI) promises to...

2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade

PYMNTS

This year is shaping up to be a painful one for people working in tech. As Seeking Alpha noted in a report Sunday (Aug. 18), layoffs in the tech space accelerated this month, with Cisco and Intel announcing the elimination of close to 21,000 jobs. Cisco last week said it...

Tech Layoffs Reach 132,000 8 Months Into 2024

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, along with the Department of Labor and Employment (DOLE) held the 2nd Financial Inclusion Forum for the Labor and Employers Sector on July 30 at the BSP’s Manila Head Office. The discussions centered on the transition from...

Philippines: Central Bank, Labor Department Push for Digital Wage Payment

Colorado State

The Marijuana Herald

The Marijuana Herald - Marijuana news and information
As the legal marijuana industry continues to grow and mature across the United States, some states are experiencing notably high sales per capita. Using marijuana sales data from January to July 2024, this analysis highlights the top 10 states with the highest legal marijuana sales per person. Data was collected via state regulatory agencies, as … 
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The post The 10 States Leading in Per Capita Marijuana Sales appeared first on The Marijuana Herald.

The 10 States Leading in Per Capita Marijuana Sales

As Starbucks navigates through turbulent times, former Amazon (AMZN) executive John Rossman is sounding the alarm on the coffee giant’s recent strategic missteps. Former Starbucks (SBUX) CEO Laxman Narasimhan “diluted Starbucks’ brand by joining the value meal wars instead of leaning into its premium attributes to create a greater sense of exclusivity,” Rossman, now a managing partner at business consulting firm Rossman Partners, told Quartz in an statement.

How Starbucks can win, according to a former Amazon executive

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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Declutterbuzz

Have you ever wondered if your home mirrors your true self? Just like people present their best selves on social media, our homes can showcase our personalities and lifestyles. Does your home reflect who you are? I hope so because this will make you the most comfortable.

Decluttering | Does Your Home Reflect Who You Are

A Deloitte report highlights the rising shift in private credit and its significant impact on the corporate lending ecosystem. The marked rise of private credit in the United States has fundamentally altered the corporate lending ecosystem, challenging traditional banks and offering new opportunities for fintech players. A recent Deloitte report...

Deloitte: Credit Surge Reshaping Corporate Lending Landscape

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

Denver, CO

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David Heitz

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

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

HTX Ventures has released its 2024 Half-Year Investment Report, outlining its strategic investments and focus areas for the first half of the year. As a significant player in the blockchain venture capital (VC) sector, HTX Ventures targeted six key areas and invested in 23 projects to drive innovation and address the core challenges of Web3, as shown in the Figure below.

Strategic blockchain investments by HTX Ventures: A mid-year analysis

Reuters

TOKYO (Reuters) - More Japanese companies believe a Kamala Harris presidency in the U.S. would be better for their businesses than a second Donald Trump administration, a Reuters survey showed on Thursday, reflecting the respondents concerns about protectionism and policy unpredictability.

Japan firms see Harris presidency as better for business than Trump, Reuters survey shows

NewsBreak

Big companies are talking more about AI risks than benefits

When it comes to generative artificial intelligence, major companies are more concerned about risks than rewards. More than two-thirds, or 69.4%, of Fortune 500 companies that...

Big companies are talking more about AI risks than benefits

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