CEOs have warned that AI will wipe out white-collar and entry-level jobs, but demand for the tools is already creating new opportunities. America’s energy sector is thriving during the world’s latest tech transformation—but there aren’t enough workers to meet the demand. The U.S. power and grid value chain will need around 500,000 additional workers by
In a world where seemingly no one is immune to the impacts of AI on the workforce and an increasingly stiff job market, ultra-high net worth people are starting to have the same concerns as middle-class and low-income families: Will my kid be able to get a job and support themself? “Billionaires have the financial
Disney is joining other big-name companies in curbing employee benefits, a move that comes as healthcare costs rise. Starting next year, the entertainment giant will no longer offer medical insurance plans to US employees’ spouses if their spouses have jobs that provide such coverage, a Disney spokesperson confirmed to Business Insider. Employees’ other dependents won’t
Apple is chopping down the team behind the Vision Pro, its long suffering VR headset, while eliminating positions across a number of other teams, Bloomberg reported. Over 200 positions, all told, have been cut, sources told Bloomberg, with around 100 from the Vision Pro team. The other 100 have impacted the team behind Siri and
When the US consumer is weakening, Walmart is usually one of the last dominoes to fall. When economic conditions get tough, low-income shoppers rely on it even more. It’s also become a destination for higher-income consumers looking to cut costs. That’s what made Walmart’s first comparable-sales loss in six years particularly hard to swallow on
President Donald Trump, speaking alongside cryptocurrency leaders at the White House this week, made a statement that Republican and Democratic candidates alike wouldn’t touch with a 10-foot pole. “If I were the mayor of a town or the governor of a state, and I had a chance to get a big plant in, an AI