Lifeboat Foundation

In every downturn, we tend to measure the pain by counting layoffs. (Dell is the latest, announcing it will cut 6,650 jobs or 5% of its workforce.) According to Layoffs.fyi, a smart if incomplete tracker of job cuts, tech companies laid off almost 95,000 workers in the first five weeks of this year, which is already about 60% of the layoffs it reported for all of 2022.

While job cuts are normal, there’s something different about this economic dip. To start, as Jena McGregor reports, the advent of remote work has cemented the digital pink slip.

Continue reading “How ChatGPT, Bard And AI Rivals Are Shaping Layoffs And Hiring” »

If your work involves analyzing and reporting on data, then it’s understandable that you might feel a bit concerned by the rapid advances being made by artificial intelligence (AI). In particular, the viral ChatGPT.

AI, particularly ChatGPT, has raised job security concerns among data analysts. Here we look at the potential impact and discuss that despite limitations like frequent mistakes and limited data upload capabilities, ChatGPT has the potential to automate data gathering and analysis tasks in the future.

The Microsoft cofounder talked to Forbes about his work with AI unicorn OpenAI and back on Microsoft’s campus, AI’s potential impact on jobs and in medicine, and much more.

In 2020, Bill Gates left the board of directors of Microsoft, the tech giant he cofounded in 1975. But he still spends about 10% of his time at its Redmond, Washington headquarters, meeting with product teams, he says. A big topic of discussion for those sessions: artificial intelligence, and the ways AI can change how we work — and how we use Microsoft software products to do it.

Yahoo Finance Live anchors Brian Sozzi, Brad Smith, and Julie Hyman discuss news that Dell will cut over 6,000 jobs amid the ongoing wave of layoffs in the tech industry.
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Continue reading “Dell to cut over 6,000 jobs” »

At the same time, the court gagged the petitioner against prosecuting the suit “in other forums”.

Meta Platforms Inc. (FB.O), the owner of Facebook, wanted court to throw out the suit arguing that it cannot be tried in Kenya. The company said that the local Employment and Labour Relations Court has no jurisdiction to hear the suit lodged by Daniel Motaung’, a South African national working in Nairobi.

By Joseph Wangui.

Continue reading “Facebook parent company Meta loses bid to terminate case in Kenya” »

Basically I underestimated chat gpt it is Basically much more powerful than I realized not just a Jetson society but it could even bring realities like we have seen in star trek the next generation where one can ask an AI anything and it can do anything given a task. This could also bring upon a superintelligence once programmed much like a wolfram alpha is for homework but for everything. It can nearly do any job and can replace all tech jobs eventually to get to universal basic income or even bring an end to the wild west of the internet it could create a near perfect cyber defense because it could simply know everything and make everything bug free. In short it can a near God like AI to answer and do any digital task. This can make nearly all jobs eventually automated:3.

It’ll be a while before ChatGPT takes your job entirely, and in the meantime you can use it to make work life easier.

While the furor around robots taking our jobs has largely died down in recent years (not least due to the lack of any real evidence that it’s happening), it remains inevitable that the introduction of new technologies will cause disruption in the labor market.

“Throughout history the introduction of new technologies has had an inevitable impact on the labour market, whether through displacing jobs, creating new ones, or significantly altering those that already exist,” Alexander Dick, Executive Chairman of cloud technology firm VeUP says.

Previous technological revolutions significantly disrupted the labor market. What lessons can we learn about who and how that disruption played out to prevent the same happening today?

Continue reading “What Can Past Technological Revolutions Tell Us About Today?” »

Media jobs across the board — including those in advertising, technical writing, journalism, and any role that involves content creation — may be affected by ChatGPT and similar forms of AI, Madgavkar said. That’s because AI is able to read, write, and understand text-based data well, she added.

“Analyzing and interpreting vast amounts of language based data and information is a skill that you’d expect generative AI technologies to ramp up on,” Madgavkar said.

Economist Paul Krugman said in a New York Times op-ed that ChatGPT may be able to do tasks like reporting and writing “more efficiently than humans.”

Robots are coming. And since the workers are already leaving the industry, no one will be harmed and service will be cheaper. Loving it!

Nearly three years since the coronavirus pandemic upended the labor market, restaurants, bars, hotels and casinos remain perpetually short-staffed. But these workers didn’t disappear, they found better jobs.