Tag: Economy

This year has been a turbulent time for major corporations. To cope with the difficult economic conditions of 2022, tech giants Google, IBM, and Dropbox have made job cuts and realigned their strategies. Their focus has shifted to more promising sectors, such as artificial intelligence. AI expert and Brookings Institute Senior Fellow, Mark Muro, has voiced criticism of these decisions, alleging that job losses are a result of poor management. The affected companies insist these changes will enable them to expand, meaning a need for inventory of ML engineers and NLP experts to replace some of those positions on the chopping block. Advances such as ChatGPT & GPT-4 are already affecting smaller operations and jobs, leaving some roles obsolete. Muro encourages self-reflection to remain competitive. Companies such as Genies, who recently purchased ChatGPT, are also transitioning to AI, requiring difficult decisions on the part of businesses.

IBM is a leading pioneer of Artificial Intelligence (AI) technology, embracing automation to replace human labor with machines. Find out how this could risk thousands of jobs within their company and the debate this has sparked among analysts. As AI replaces more and more jobs, training is essential to help employees remain competitive. Learn the potential impact this rapidly advancing technology has on the future of the workforce.

Treasury Secretary Janet Yellen, an experienced and renowned American economist, and the former Chair of the US Federal Reserve, is now heading the US Treasury Department and is focused on increasing the debt ceiling. Meanwhile, IBM, one of the leading tech companies in the world, launched solutions to help manage the pandemic logistics and AI-driven tools. As of May 2nd, the Reserve Bank of Australia raised the benchmark interest rate to 3.85%, even though the inflation rate had been decreasing.

. This article explores Chile's decision to nationalize the lithium industry in order to protect the environment and boost the country's economy. Prince Harry's fight against unfair press coverage is also discussed, as well as how and why lithium is a major player in the future of global automotive industry. With the help of Chile's move, other countries might soon follow suit to gain more control over the Lithium industry.

As the battle between rival Sudanese generals continues, governments worldwide are rushing to evacuate their citizens and diplomats trapped in the capital city of Khartoum. With thick smoke rising over the airport and airstrikes hitting nearby neighbourhoods, governments are sending planes, buses and special forces to save the lives of those stuck in Sudan. The devastating conflict has left hundreds of people dead, injured and stranded while cutting off critical resources to millions. This article sheds light on the urgent humanitarian crisis that needs to be addressed as soon as possible.