Tech's AI Ambitions Could Mean Layoffs. Here's the Latest From Microsoft. -- Barrons.com
BofA Securities Maintains Alphabet-C(GOOG.US) With Buy Rating, Maintains Target Price $210
Arm, SoftBank Reportedly Exploring Ampere Computing Acquisition
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.
Ex-Google CEO Eric Schmidt Invests In 3D-Printed Rocket Maker As SpaceX-Led Space Race Heats Up
U.S. stock market close: the three major indexes varied in performance; Huang Renxun's remarks caused a collapse in the Quantum Computing Sector.
① The Nasdaq China Golden Dragon Index fell by 0.67%, with most China Concept Stocks declining; ② Wildfires ravaged California, and Electrical Utilities provider Edison International fell by 10%; ③ Jensen Huang stated that a "very useful" quantum computer may take several decades to arrive; ④ Intel: will continue to focus on the independent graphics card market.
Warren Buffed : no i share losses,daily basis too
102631395 : Me too
ppspirit : Thank you for your honest sharing. Thank you for making me feel I am normal and it is normal to not have good days. As long as these companies are still earning, I think we are safe.