Economy Industry News
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Anthropic maps three AI futures for 2030; the most extreme could upend the economy
AI is evolving faster than most people, even those building it, could even fathom, and its impact on the workforce and the economy is, at this point, really anyone's guess. Researchers from The Anthropic Institute are offering a few possibilities:…
The Global Gig Economy As A Preview Of AI's Labor Market
Hammad, co-founder of Adcelerate360°, is a leader and board advisor guiding global enterprises through the age of AI-powered commerce. I began my career inside American companies at a time when the idea of world-class work flowing from the…
Anthropic Builds Model to Predict Economy in 2030, Leaves Off the 'Everybody Dies' Outcome
Life as a member of the communications team for frontier AI labs must be fascinating. Imagine you've got this big report ready to go out on the extremely elaborate model your economics team built that you want to position as a tool for policymakers…
Opinion: Germany's populist, pro-Russia party's economic policies would be a disaster for the country
Please log in to bookmark this story. Create Free Account It's hard to pinpoint the moment when Germany's slide from industrial and economic greatness began, but the mid to late years of Angela Merkel's reign would be a good guess. She was…
The AI Economy Won't Be Limited By Tokens: What Leaders Should Measure
Markus Levin is the co-founder of XYO, with over 15 years of experience in building, growing and selling companies. In early 2024, global fintech giant Klarna announced that an AI assistant was handling the work of 700 customer service agents and…
Why Rwanda's private sector must drive the digital economy
Rwanda's Vision 2050 is a bold ambition: to become an upper-middle-income country by 2035 and a high-income, knowledge-based economy by 2050. Reaching that destination, however, will require more than government strategy and infrastructure. It will…
UK economy could get £14bn boost by tackling youth employment Neet crisis
Tackling a first jobs crisis could give the economy a more than £14billion boost, it is claimed. Nearly one million young people aged 16 to 24 are classed as Neets - not in employment, education or training, or about one in eight people in…
AI Is Killing the App Economy and Building Its Successor
Artificial intelligence has made it easier than ever to build an app. New releases on Apple Inc.'s App Store surged by about 80% earlier this year as developers vibe coded their way to new software widgets for markets such as wellness and…
Korea showing clearer signs of economic recovery: finance minister
Korea is showing clearer signs of economic recovery, with its gross national income (GNI) per capita on course to exceed $40,000 this year, the finance minister said Thursday. Finance Minister Koo Yun-cheol made the remarks during a meeting of…
Business groups mourn Tung Chee-hwa, praise contributions to Hong Kong economy
Two major Hong Kong business groups have joined tributes to the city's first chief executive, Tung Chee-hwa, praising his contributions to economic development and the implementation of “one country, two systems.” SCROLL TO CONTINUE…
What Oren Cass's new essay gets wrong about the economy
Cass overlooks that mid-20th-century prosperity was an anomaly born of World War II. Europe and Japan lay in ruins, leaving the United States as the world's sole industrial powerhouse. From 1945 through the mid-1960s, American titans such as…
Five charts that lay bare economic disaster caused by Trump's war in Iran
As Donald Trump's war on Iran spreads further throughout the Middle East, the cost of oil has soared as traders show concerns over inflation. The price of Brent Crude, treated as an industry benchmark for oil, soared past $100 a barrel for the…
UBS CEO flags investor complacency as geopolitical and economic risks mount
UBS CEO Sergio Ermotti said financial markets have grown complacent despite mounting geopolitical and economic risks. Wealthy investors are diversifying their portfolios, but UBS sees no wholesale retreat from U.S. assets or the dollar. Ermotti…
How some influencers are reacting to followers' economic woes
If you're a millennial, you may remember the beauty and lifestyle influencers of the 2000s and 2010s. Back then, influencers were maximalists, competing to out-consume one another with walk-in closets filled with designer bags and shoes, and entire…
How AI might reshape the economy
New research from Anthropic outlines radically different paths for how AI will transform the economy in the next four years. Why it matters: In one, AI's impact resembles that of the internet. In another, its impact resembles the arrival of the…
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