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BMW had two messages for staff this week. It is cutting about 8,000 jobs. And it is handing the brains of its future cars to Qualcomm for the next decade. The German carmaker will shed the roles in Germany by the end of 2027 through a voluntary redundancy scheme, Reuters reported. The cuts hit administration […]
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BMW is cutting 8,000 jobs and handing its cars’ brains to Qualcomm Read More »
Recruiters used to open a resume to look for a reason to say yes. Now they open it to look for a reason to doubt it. Nearly two-thirds of job candidates use AI in their applications, while 87% of US hiring managers admit to using AI in their hiring process, resulting in a double-edged sword […]
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The Verification Imperative in Recruitment’s Trust Crisis Read More »
The world’s biggest consultancies are selling companies expensive advice on how to adopt AI without getting burned. Their own reports keep getting burned. PwC is the latest to be caught. Four of its Middle East “thought leadership” reports were a mess, the Financial Times reported. The reports, on AI and electric vehicles, carried fake footnotes, […]
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In November, Sam Altman wanted OpenAI to be the first big company run by an AI boss. He said it would be an embarrassment if it were not. This week, he said people do not want an AI boss at all. “Shame on me if OpenAI is not the first big company run by an […]
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Eight months ago Altman wanted an AI CEO. Now he says nobody does. Read More »
Andrew Ng helped give the AI industry its vocabulary, from “AI is the new electricity” to “agentic AI.” His new company bets against the phrase everyone else is using: that AI will take your job. Ng has founded LearnVector, an AI-native learning startup, and Coursera is backing it with $100m, first reported by Axios. The […]
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The man who coined ‘agentic AI’ is betting it won’t take your job Read More »
Starbucks told NomadGo on 3 April that it was scrapping the AI inventory tool the Redmond startup had built for it. Within days the 30-person company cut a large part of its workforce, according to GeekWire. The cuts included the technical team that ran the Starbucks account. Starbucks did not tell its own baristas for […]
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Starbucks’ AI tool didn’t die in a pilot. It died in 11,300 stores. Read More »
AI did not make buyers easier to reach. It made everyone cheaper to interrupt. A modern AI sales agent can research a company, identify a plausible buying signal, compose a personalised email, schedule follow-ups, evaluate the response, and hand a qualified opportunity to a human salesperson. Major CRM vendors now market agents that research leads, […]
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AI is turning B2B outreach into a tragedy of the commons Read More »
A growing number of young adults are using AI chatbots to script not just their texts but their in-person conversations, the Wall Street Journal reported. Niharika Abbaraju, a 20-year-old cancer researcher, uses ChatGPT at work for research, but off the clock it becomes her conversation coach, drafting dating app lines, party icebreakers, and real-time responses […]
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Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according to the Bloomberg Billionaires Index. About 40% of that is […]
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CXMT’s founder is giving 40% of his new fortune to his workers Read More »
Jeff Bezos, the founder of the company that just became the number one Fortune 500 business, says the cure for anxiety is not rest or meditation but action. Speaking at the Museum of Flight in Seattle in 2017, Bezos told an audience of students that stress is a signal from the body that something is […]
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Jeff Bezos says stress is a signal to work harder, not a reason to stop Read More »