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FuboTV Options Volume Jumps 10-Fold as Stock Soars After Disney Deal
UnitedHealth Urged by Investors to Review Insurance Practices
AI has triggered a wave of layoffs on Wall Street! The number of unemployed individuals in the next three years may exceed 200,000.
The report indicated that in the next 3 to 5 years, due to AI 'encroaching' on human jobs, Global Banks will lay off up to 200,000 people, with backend, mid-office, and Operation positions facing the highest risks. At the same time, 80% of respondents expect that generative AI will increase productivity and income by at least 5% during this period.
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Blackstone Invests $300 Million In AI Data Firm That Powers Elon Musk's XAI Supercomputer