Tag: Job Market

AI startups are leading the way with venture capital investments in artificial intelligence, data annotation, and machine learning - with global funding now reaching $276.14 billion in 2021. Check out OpenAI, Anthropic, and Scale AI, and take advantage of the thousand of job opportunities in AI and ML on the VentureBeat Job Board. Join the tech industry and make an impact!

OpenAI CEO Sam Altman warned a US Senate Judiciary Committee on Tuesday of the potential consequences of AI development without regulation. ChatGPT inventor Altman compared AI development to the invention of the printing press and highlighted the potential for significant harm. Questions were raised about AI-powered chatbots and the technology's impact on elections. Altman, Tesla CEO Elon Musk & Apple co-founder Steve Wozniak all agree: regulations must be enforced soon to control the development and prevent potential harm to humanity.

Octopus Energy, a UK-based energy supplier, has incorporated artificial intelligence (AI) into their systems to drive efficiency and productivity. CEO Greg Jackson reports the AI is replying to one third of customer emails with an 80% customer satisfaction rate that tops the 65% achieved by a trained staff. The company will be using AI to alleviate their workload while creating new job opportunities. However, analysts fear the advancement of AI technology could have a negative impact in the job market.

. ChatGPT is a groundbreaking artificial intelligence technology, which has excited employers around the world. OpenAI's ChatGPT is a natural language processing chatbot that is being tested and implemented by some companies, with high expectations of revolutionizing the Indian job market soon. Companies like Koo, IBM and Plum have distinguished themselves by integrating ChatGPT in their day to day operations. PolicyGPT, an AI chatbot built atop OpenAI's GPT-3.5 API has a high level of accuracy and assists with policy-related queries. IBM's decision to replace 7,800 jobs with AI is a reminder of the potential risks of using AI technology. Privacy and security should be taken into account when it comes to introducing AI in any capacity. IBM is a leader when it comes to technology, with innovations like the PC, Floppy Disc and more. Janet Paul is the Director of Human Resources for the Asia Pacific and Middle East at Securonix. Her role and experience make her an asset to the company.

. Recent college graduates are in a unique position compared to other generations. With the shift of tech companies to hybrid work, graduates are turning to retail, finance and manufacturing to secure stable jobs with good pay. Gen Z look to develop tech skills and see job opportunities with Generative AI. Handshake survey of 954 people shows 40% embrace AI but are cautious with 74% of managers viewing Gen Z as the hardest to work with.