Jobs Lost, Billions Spent & Bubbles Bursting: AI Faces Its Hard Reality Check
Layoffs collide with mega-funding, governments question productivity, and even Google admits the web is shrinking.
Dhanushi lost her job the same day CBA rolled out an AI chatbot. It may just be the beginning
Luca Ittimani Business and economics reporter/ The Guardian
When CBA created an AI chatbot, Dhanushi lost her job the same day. Her experience underscores how automation is already altering the workforce—and why more layoffs are likely.
ASML to Invest $1.5 Billion in Mistral, the French A.I. Start-Up
Adam Satariano/ New York Times
Chip giant ASML is investing $1.5 billion in French AI firm Mistral, betting big on Europe's rising star. Mistral's move solidifies its position as a global contender to Silicon Valley AI.
Peter Kyle, the ‘tech bro’ minister charged with kickstarting UK growth
Rob Davies/ The Guardian
Microsoft Copilot Study: UK Government Finds No Evidence of Productivity Gains
Liz Ticong/ TechRepublic
Peter Kyle, the 'tech bro' minister charged with reviving UK growth
Introducing Peter Kyle, the UK's new "tech bro" minister. He's been tasked with reviving Britain's slow GDP by investing heavily on innovation and artificial intelligence (AI).
Europe’s Most Valuable AI Startup Now, Thanks to €1.3 Billion Investment
TechRepublic
The UK government has found no clear evidence that Microsoft's Copilot increases productivity. The findings raise serious doubts regarding AI's real-world workplace utility.
Google admits the open web is in ‘rapid decline’
Emma Roth/ The Verge
The €1.3 billion funding injection has increased the value of Europe's top AI startup to unprecedented levels. Despite growing questions about the bubble, the money reinforces investor optimism in AI.
OpenAI comes for Hollywood with Critterz, an AI-powered animated film
Robert Hart/ The Verge
Google has recognized what many feared: the open web is rapidly decreasing. With AI altering search, some say that the internet's core principles are jeopardized.
Google finally details Gemini usage limits
Terrence O’Brien/ The Verge
Critterz, an animated film powered entirely by artificial intelligence, marks OpenAI's Hollywood debut. It's a risky move that could alter the future of filmmaking.
The Great AI Reality Check: How the Bubble Finally Started to Burst
MahendraMedapati/ Towards AI
After months of conjecture, Google has announced the Gemini use restrictions. The tiny print will influence how creators, developers, and corporations employ its AI products.
Melania Trump is right that the robots are here – but she’s wrong on how to handle it | Arwa Mahdawi
Arwa Mahdawi/ The Guardian
The AI hype cycle is experiencing its first major downturn. With valuations falling and distrust mounting, the bubble could be bursting faster than projected.
Anthropic to pay $1.5 billion to authors in landmark AI settlement
Hayden Field/ The Verge
In an unprecedented deal, Anthropic will pay authors $1.5 billion for utilizing their work to teach AI. The agreement might redefine the copyright conflict between creatives and tech behemoths.
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