The UK has signed a landmark agreement with the US on artificial intelligence, the Financial Times reports. The agreement – signed on Monday in Washington by UK science minister Michelle Donelan and US commerce secretary Gina Raimond – will see the allies formally cooperate on how to test and assess risks from…
“Productivity isn’t everything, but, in the long run, it is almost everything,” Nobel Prize winning economist Paul Krugman once quipped. It’s a phrase that’s been doing the rounds in Europe recently as new figures show that the continent’s productivity gap with the US is widening. It’s a point of concern because “real wage growth…
Meta says it will label more AI-generated images on its platform ahead of the 2024 election season. The social media giant is working with tech companies such as Google and OpenAI to design invisible metadata or “watermarks” that identify photorealistic images made with their artificial intelligence tools. Meta, which already labels its own AI-generated images,…
Scammers using artificial intelligence technology to manipulate photos and videos is troubling authorities around the world, who are “growing increasingly concerned at the sophistication of deepfake technology,” says CNN. Thinking a request had come from his company’s chief financial officer in a video call, a Hong Kong employee recently remitted the equivalent of about $25.6…
More than 250 millionaires and billionaires have written to global leaders at the World Economic Forum saying they would be “proud to pay more” tax on their wealth. It comes after a survey of more than 2,300 people from G20 countries with more than €919,000 (£788,000) in investable assets found that 74% supported taxes on…
The way companies hire is changing, with qualifications becoming less important and hiring managers’ focus shifting to skills. LinkedIn data shows that a broader shift towards skills-first hiring has the potential to open up the talent pool available, particularly in sectors experiencing labour shortages. Skills-first hiring could also open up a wider range of roles…
An ambitious new Amazon program plans to train workers in AI skills, reports The Wall Street Journal. With “AI Ready,” Amazon hopes to train2 million people in “tech and tech-adjacent roles” by 2025, in a bid to gain on the likes of Google and other tech giants in the scramble for talent. The program will…
Are you among the third of Brits who celebrate Christmas intending to purchase a second “show tree” this year? And when do you plan on buying it? New research from John Lewis sheds light on changing Christmas habits, including a longer lead-time between putting up decorations and the big day itself. The extension of…
Startups are following a different set of “rules” today compared to in 2020 and 2021 when venture capital money was easier to come by. Today, the focus is on profitability as opposed to growth. That means many founders are being forced to cut costs wherever possible including on office space, headcount and marketing budgets.
A growing number of baby boomers – those born between 1946 and 1964 – are working beyond retirement age for a combination of personal and economic reasons. In the UK, the Office for National Statistics found the number of over-65s still working rose to 1.47 million in June 2022 – an all-time high. With longer…