Author: arthursheikin@gmail.com

[ad_1] Nvidia CEO Jensen Huang said fears about artificial intelligence wiping out jobs are overblown — but that doesn’t mean your work won’t change dramatically.”I am certain 100% of everybody’s jobs will be changed,” he told CNN’s Fareed Zakaria on Sunday. “The work that we do in our jobs will be changed. The work will change. But it’s very likely — my job has already changed.”As the head of the chipmaker at the heart of the AI revolution, Huang believes AI will reshape nearly every job, not through mass unemployment, but through massive task reduction.”Some jobs will be lost. Many jobs…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bitcoin hit a record $120,000 on Monday as US lawmakers prepared to vote this week on legislation aimed at making America the world’s “crypto capital”.The world’s largest cryptocurrency climbed 2.8 per cent to as high as $122,404, taking its gain to over 10 per cent in the past week and extending a blistering rally since Donald Trump’s election victory.Over the next week, lawmakers in the Republican-controlled House will debate the Genius Act, the Digital Asset Market Clarity Act, and the Anti-CBDC…

[ad_1] In May, a group of more than 20 finance whizzes from across the country descended on OpenAI’s San Francisco HQ for what CEO Sam Altman cheekily called a “party.” They sat through a presentation, mingled with researchers, and some received formal interview invites. A month later in New York City, Altman’s team held another recruiting overture for quant trading professionals — the highly coveted mathematicians, physicists, data scientists, and engineers who power the world’s top hedge funds and high-frequency trading firms.Altman’s pitch: Forsake Wall Street stalwarts like Citadel, D.E. Shaw, and Jane Street and join his $300 billion powerhouse’s…

[ad_1] CNN  —  The conspiracy-soaked culture that propelled President Donald Trump to political power is now coming for him. Some of the most influential voices in right-wing media are rejecting Trump’s call to stop wasting “time and energy on Jeffrey Epstein.” Trump said “nobody cares about” the late convicted sex offender, but the incensed replies to his Truth Social post showed otherwise. The online outrage highlights a vulnerability for Trump and an unfortunate reality about the incentive structure of this social media era. Get Reliable Sources newsletter In short, it’s that conspiracy theories keep people watching, sharing and playing along,…

[ad_1] You might not know their names, but they likely have the ear of many powerful CEOs.They’re the leaders of what are widely considered the most prestigious strategy consulting firms: McKinsey & Company, Bain & Company, and Boston Consulting Group, which are collectively referred to as the Big 3, or MBB.MBB firms are often tough places to land a job, and their consultants are some of the most sought-after in the industry.They’re the people tech giants like Microsoft, Amazon, and Apple — as well as government agencies — turn to for advice on things like mergers and acquisitions, business strategy, and…

[ad_1] This as-told-to essay is based on a conversation with Kosi Pierre-Louis, a 25-year-old in Seattle. Pierre-Louis was let go from his product management role in May, when Microsoft laid off about 6,000 workers; the company laid off 9,000 more workers in July. This essay has been edited for length and clarity.When I look at my big passions — tech, music, and visual arts — all of them come down to invention.I studied computer science and visual media at Duke. I always wanted to get into tech. When I learned about the role of a product manager, I thought, “This…

[ad_1] Brookfield, one of the country’s largest property investors, is banking on a strategy that might have looked out of place in recent years —buying older and cheaper warehouses.The Toronto-based firm purchased a $428 million portfolio of 53 warehouses located in and around Houston, Dallas, Nashville, and Atlanta—one of the largest property deals of its kind this year. The deal was completed in early July, according to a spokeswoman for the company.The acquisition comes as the once red-hot warehouse sector cools following a boom in construction. Trade tariffs, meanwhile, are threatening to diminish demand for the goods and materials that…

[ad_1] One of Google’s most powerful leaders is someone who long tried to distance his company from the search giant.AI mastermind and chess wiz Demis Hassabis, who founded DeepMind and later sold it to Google in 2014, has been propelled into the center of Google’s universe in the past two years amid the frenzied race for AI dominance.After years of trying to create more independence for DeepMind — shielding the AI research lab from the search giant — Hassabis was thrust into the belly of the beast in 2023 when Google merged DeepMind with its internal AI efforts.Now, company insiders…

[ad_1] When asked about the AI talent wars, Google’s head of Android, Sameer Samat, said the competition to recruit top talent has always been intense — and he speaks from experience.Before leading Google Shopping and eventually overseeing the Android ecosystem, Samat, was a tech startup founder in his early 20s. In the midst of the dot-com boom, he found himself trying to persuade his cofounders to stick with the machine-learning company they had built together.”A couple of them were on to go to grad school, and we had a big fight about it,” Samat said in an interview with Business…

[ad_1] In the summer of 2019, Dan Schweber was grinding through yet another career pivot. Straight out of college, he landed what he thought would be a dream job as a healthcare consultant, only to discover that he couldn’t stand being a nobody in a giant bureaucracy. So he joined a tiny healthtech startup, until it was acquired by a series of bigger companies that eventually laid him off. He came to believe that a better path would be to start his own business, where he could call all the shots. So at age 28, he enrolled in Columbia’s executive…