Anthropic has built a model of how AI might reshape the US economy by 2030. Its most extreme case describes an economy roughly a third larger than it would otherwise be. That same case carries knowledge-work unemployment near 18 percent. The company pu…
“At this point, I won’t go as far as a moratorium,” Prime Minister Andy Burnham told the House of Commons on 9 September, when a Labour MP asked him to back a pause on new data centres. Jacob Reid reported the exchange for Bloomberg. On the same day, t…
Andrew Tulloch is leaving Meta less than a year after he joined. His reported pay offer from the company had made him a symbol of the AI talent war. Reed Albergotti first reported the departure for Semafor on Wednesday, citing a person briefed on the m…
The chief executive of a consultancy with 799,000 staff has described what her clients are telling her about AI, and it is not a sales pitch. “We promised AI can do that,” Julie Sweet told the Wall Street Journal. “And they’re like, we get it, except i…
Sam Altman gave Axios two interviews four days apart. In the first he said the next generation of AI models would be “sobering for everybody”. In the second he said this is the best time in the world to start a company. Both were with the same reporter…
Dubai Chambers is putting more than 14,000 companies through training in agentic AI, the kind of software that carries out tasks on its own rather than answering questions. The body launched the courses on 1 September in front of 90 chairpersons of its…
Cognizant announced on Monday that it will hire 1,500 American college graduates this year and build a new job family for the AI era. The company’s own research says AI could take on $4.5tn worth of work Americans currently get paid to do. Both numbers…
The number that matters in Monday’s Jaguar Land Rover announcement is not 4,000. It is 300,000. That is the annual sales volume at which the company now intends to break even. Its brands have historically sold well over 400,000 vehicles a year. Just Au…
For two years the AI story in banking has been a headcount story. How many graduates a bank takes, and how many it quietly stops taking. UBS has changed the question. It is no longer asking how many juniors it needs. It is asking what a junior has to b…
AI is changing who captures productivity gains at work. As AI saves time and expands individual capability, freelancing may challenge the traditional employment bargain.