Sometime in the near future, a significant portion of the people building today’s AI industry are expected to become very rich. Many are already thinking about what to do with that wealth. The two of us advise some of the most philanthropically motivated people in tech. These are people who genuinely want, and have the
This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more news about how AI is changing our daily lives, follow Emma Roth. The Stepback arrives in our subscribers’ inboxes at 8AM ET. Opt in for The Stepback here. Long before ChatGPT became a thing, educators and editors
Europe’s stock market is firing on all cylinders and drawing money managers who say this rally will be more durable than just another short-term trade. Whether it’s earnings, economic growth, sentiment surveys or fund flows, market metrics across the board show a major shift is underway in European stocks. The price action reflects that. The
New research from Indeed shows that some of the fastest-growing tech jobs are now electricians, installers, maintenance workers, and engineers building the data centers that power AI. Data center job postings have more than doubled over the past two years, even as overall US job openings fell. Today, six out of every 1,000 US job
One of the biggest fears about AI was that it would kill tech jobs and shrink the software industry. The logic seemed straightforward. If AI made developers much more productive, tech companies would need fewer of them. That would mean fewer software subscriptions, known as “seats,” because each worker typically has their own account. Investors
Jensen Huang says his software engineers love how AI is changing their role. “These agent systems are new skills, and now we have a lot of software engineers creating agents,” the Nvidia CEO said in an interview published by the company on Wednesday. “If you ask me, every one of my software engineers would rather
