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The chief executive of an Indian startup laid off 90% of his support staff after the firm built a chatbot powered by artificial intelligence that he says can handle customer queries much faster than his employees.
Just one day before Friday’s key monthly jobs report from the Bureau of Labor Statistics, private payroll processor ADP reported a massive, unexpected spike in hiring activity in June.
Former Showtime Chief Executive David Nevins is joining media mogul Peter Chernin to manage his entertainment firm, the North Road Co. The company on Thursday said that Nevins — who
(CNN) — Wall Street bankers, investors and economists have for months waffled over whether a US recession is coming. But for some Americans, the unforgiving economic pain typical during recession
Many have raised alarms about the potential for artificial intelligence to displace jobs in the years ahead, but it’s already causing upheaval in one industry where workers once seemed invincible: tech.