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What's New Today: 4,000 jobs were lost in May due to AI technology.
Fast-Track Insights: Crypto equities decline as the sector is shaken by the Binance SEC case.
Here is some good news if you've been thinking about brushing up on your artificial intelligence expertise or adding new talents in that area. Google has unveiled nine free AI-specific courses, along with a quest, on its cloud skill boost platform. These courses include cutting-edge AI techniques including generative AI, massive language models, and picture creation. These courses are now accessible to anyone worldwide at no cost. A virtual badge, which will be shown on the Google cloud skills boost profile, will be offered following the completion of the majority of these one-day courses from Google.
According to a monthly survey published by the international HR firm Challenger, Grey & Christmas, artificial intelligence (AI) was the cause of over 4,000 job losses in May of this year. About 4.9% of the total employment losses recorded for the month are represented by this number. All industries are experiencing employment losses. In a recent interview, IBM CEO Arvind Krishna stated that his organization will gradually replace 6,800 employees with AI. According to CBS News, two copywriters lost their jobs as companies turned to AI as a more affordable option, while media outlet CNET lay off reporters while using AI to produce content.
Artificial intelligence (AI) has made significant advancements in recent years, transforming various industries and impacting our daily lives. From autonomous vehicles to virtual assistants, AI technologies are becoming increasingly prevalent. However, as AI continues to evolve, questions arise about whether it should be subject to legal frameworks. This article explores the challenges and considerations surrounding the legal regulation of artificial intelligence. Read More
After the U.S. securities regulator filed a lawsuit against cryptocurrency exchange Binance on Monday, the market for cryptocurrencies and shares of businesses involved in the blockchain and cryptocurrencies fell. Binance and its CEO Changpeng Zhao were sued by the U.S. Securities and Exchange Commission for covertly controlling Binance. A "web of deception" was allegedly used to circumvent US legislation. Despite its independence, Binance reportedly maintained control over the bank accounts of its US branch, according to Reuters.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
