Nvidia CEO Jensen Huang is open to ideas about how to share the massive wealth being generated by the AI boom. He’s created billionaires on his executive team, personally ensures his staff are competitively paid, and is “perfectly fine” with proposals to tax the ultra-wealthy more. But he disagrees with a proposal from Microsoft co-founder
Bill Gates has warned that the world needs to do more to prepare for a “turbulent AI era” before workers are “displaced or underemployed.” In a nearly 5,900-word blog post published on Wednesday, the Microsoft cofounder said that AI and robotics will eventually reach beyond the white-collar jobs already under pressure from the technology. “In
Three years ago, Andrew Stockwell had his hiring routine down to a science. As head of people for the software-buying company Vendr, Stockwell posted a listing, waited a few days, and then reviewed a few dozen applications—up to 100, if he was lucky. Recruiters identified other potential candidates, adding a few more applicants to the
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
