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"As we roll out more Generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs. It's hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company."

""The rebirth of longform runs counter to everything media experts are peddling. They are all trying to game the algorithm. But they're making a huge mistake….""

"However, Dimon is not alone in his belief that having foundational tech knowledge is still a lucrative career path. In fact, over 250 chief executives-the likes of Microsoft's Satya Nadella, Airbnb's Brian Chesky, and Salesforce's Marc Benioff-came together early this year to sign a letter demanding all students have access to computer science and AI education. "A basic foundation in computer science and AI is crucial for helping every student thrive in a technology-driven world. Without it, they risk falling behind," wrote the letter sent to lawmakers.  The push came on the heels of research from the University of Maryland that found that high school students who take a computer science class will have 8% greater earnings on average by the time they've secured their first job."

"From 2016 to 2020, the Australian government operated an automated debt assessment and recovery system, known as "Robodebt," to recover fraudulent or overpaid welfare benefits. The goal was to save $4.77 billion through debt recovery and reduced public service costs. However, the algorithm and policies at the heart of Robodebt caused wildly inaccurate assessments, and administrative burdens that disproportionately impacted those with the least resources. After a federal court ruled the policy unlawful, the government was forced to terminate Robodebt and agree to a $1.8 billion settlement."

"A second major academic institution has accused Uber of using opaque computer code to dramatically increase its profits at the expense of the ride-hailing app's drivers and passengers. Research by academics at New York's Columbia Business School concluded that the Silicon Valley company had implemented "algorithmic price discrimination" that had raised "rider fares and cut driver pay on billions of … trips, systematically, selectively, and opaquely"."

"In April, game developer Stamina Zero achieved what should have been a marketing slam-dunk: the launch trailer for the studio's game Little Droid was published on PlayStation's official YouTube channel. The response was a surprise for the developer. The game looks interesting, people wrote in the comments, but was "ruined" by AI art. But the game's cover art, used as the thumbnail for the YouTube video, was in fact made by a real person, according to developer Lana Ro. "We know the artist, we've seen her work, so such a negative reaction was unexpected for us, and at first we didn't know how to respond or how to feel," Ro said. "We were confused.""

"Dozens of YouTube channels are mixing AI-generated images and videos with false claims about Sean "Diddy" Combs's blockbuster trial to pull in tens of millions of views on YouTube and cash in on misinformation. Twenty-six channels generated nearly 70m views from roughly 900 AI-infused Diddy videos over the past 12 months, according to data gathered from YouTube."