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As AI Layoffs Hit Entry-Level Workers, Goodwill CEO Warns of “Flux of Unemployed” —...
Some tech leaders have been swift to dismiss predictions that artificial intelligence will spark widespread unemployment, while others believe the impact will be significant....
FTX Recovery Trust to Distribute $1.6B To Eligible Creditors By September 30th
The FTX Recovery Trust has confirmed it will distribute approximately $1.6 billion to eligible creditors as part of its third major payout under the...
OpenAI Study Finds AI Hallucinations Are a Mathematically Unavoidable, Drawing Contrast With Rivals’ Claims
In a shift from what it formerly held, OpenAI has acknowledged that hallucinations—instances where artificial intelligence generates plausible but false information—are not only common...
US Economy Outlook and Reading the Market Signals, From Post-Pandemic Surge to 2025 Slowdown
A young professional asked me, “Sir, what is your outlook on the US economy, considering the changes we’re seeing, including the recent reforms on...
China’s DeepSeek Says Bargain-Basement AI Training for R1 Model Costs $294,000
Chinese AI startup DeepSeek last week put a bold marker down, claiming it trained its R1 AI model for just $294,000 using a cluster...