Business

Stanford Study Exposes Racial Bias in Dominant AI Hiring Systems Used by Major Firms
Fortune 500 companies have poured resources into automated systems that promise to remove human prejudice from hiring. Yet a major new examination reveals those very tools ca...
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Goldman Sachs CEO Dismisses AI Job Apocalypse as Overblown While Bank Forecasts $7.6 Trillion Buildout
David Solomon has heard the warnings. Mass unemployment. White-collar wipeout. A future where machines handle the thinking and humans scramble for scraps. The Goldman Sachs c...
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CEOs Bet on AI to Slash Headcounts as Worker Morale Collapses
Executives at the highest levels have reached a striking consensus. Ninety-nine percent expect artificial intelligence to trigger headcount reductions inside their organizati...
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Dropbox Founder Drew Houston Steps Down After 19 Years, Handing Reins to Product Veteran Amid AI Pressures
Drew Houston built Dropbox from a frustrated MIT student's idea into a service that hundreds of millions rely on daily. Now the company he founded in 2007 faces a new chapter...
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AI Chiefs Retreat From Jobs Doomsday Warnings as IPOs Beckon
Sam Altman once sounded the alarm. So did Dario Amodei. Both painted pictures of white-collar work vanishing under the weight of artificial intelligence. Entry-level roles in...
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Oil’s Volatile Grip: How U.S.-Iran Deal Hopes Are Reshaping Markets
Markets swung hard this week. Risk assets climbed as hopes grew for a U.S.-Iran agreement that might reopen the Strait of Hormuz. Oil prices dropped sharply. The dollar weake...
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Wikipedia’s Quiet Shift: A Nonprofit Embraces Enterprise Revenue and Staff Cuts
Millions open Wikipedia every day. They find answers without ads, paywalls or data sales. The site runs on small donations that average around $11. Yet the organization behin...
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Bank of Canada Confronts a Stubborn Job Market That May Blunt Its Rate Cuts
Canada’s central bank faces a labor market that no longer behaves as it once did. Nicolas Vincent, external deputy governor at the Bank of Canada, laid out the challenge in p...
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Why Standard Phone Calls Fail at Privacy and the Apps That Fix It
Regular cellular calls leave conversations exposed. Carriers, governments and determined attackers can intercept audio with relative ease. The protocols that underpin traditi...
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APAC Tech Employers Face Structural Talent Shortages as AI Reshapes Hiring and Skills
Seventy-seven percent of employers across Asia Pacific report serious trouble filling open positions. That figure comes from the...
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The AWS Employee Who Fixed What the System Broke — Then Got Fired
Tarus Balog spent four years at Amazon Web Services trying to bridge the gap between the giant cloud provider and the open source communities it courted. Last week the compan...
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US and UK Roll Back Post-2008 Bank Rules to Spur Growth and Lending
The United States and United Kingdom have taken significant steps to ease regulatory burdens on their financial sectors, creating lighter rules that aim to boost economic growth...
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Stanford Expert Urges New Grads Toward AI Workflows Jobs as Entry-Level Hiring Collapses
College seniors scanning job boards this spring encounter a market far different from what greeted graduates just three years ago. Tech hiring has slowed. Entry-level roles i...
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Remote Work, Not AI, Emerges as Prime Culprit in Entry-Level Hiring Slump
Entry-level jobs have grown scarce. Young graduates face higher unemployment. Many point to artificial intelligence as the villain. New analysis challenges that story....
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Sundar Pichai Faces the Boos: Google CEO Prepares Stanford Address Amid AI Backlash
Sundar Pichai returns to Stanford University next month. The Google and Alphabet CEO, who earned his master's degree there in materials science and engineering in 1995, will...
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