Almost 4,000 American jobs were lost last month following the use of artificial intelligence (AI), according to a recent report, as businesses increasingly consider deploying AI in their regular operations. U.S.-based employers announced 80,089 job cuts in May, out of which 3,900 reductions were blamed on artificial intelligence, according to a May 2023 layoffs report…
Apple Customers Say It’s Hard to Get Money Out of Goldman Sachs Savings Accounts
Some Apple customers have found it difficult to access their savings from a new account program in partnership with Goldman Sachs. After the new Apple savings account was launched in April to great fanfare, the system has been facing serious teething problems, according to customers. The annual yield on an Apple savings account offers a generous…
Australia Considers Ban of High Risk AI
High-risk artificial intelligence technology (AI) may soon be banned in Australia after the federal government announced it will move to establish guardrails around its growth. Minister for Industry and Science Ed Husic said that despite AI now being a prevalent part of people’s lives, he said there was a demand for some sort of regulation…
More Subliminal Manipulation: Expert Warns AI’s Spread Will Supercharge Consumerism
Rampant consumerism could get a shot in the arm as artificial intelligence keeps breaking boundaries, says music expert Peter Tregear. Tregear, the director of Little Hall at the University of Melbourne, says AI-generated music will likely proliferate even further to permeate people’s lives. Already, this type of music is available online and can be found…
Senior UK Peer Calls for Limits on Facial Recognition Technology
A senior peer has called for legislation to “drastically limit” the use of facial recognition technology (FRT) after chilling claims it is being used by stalkers and predators. Baroness Jenny Jones told The Epoch Times that the government must put in place a “structure for scrutiny” over public and private use of citizens’ biometric data….
Data of Nearly 9 Million MCNA Dental Patients Exposed by Hackers
The dental insurer Managed Care of North America (MCNA)—one of the largest dental health insurers in the United States—has warned that the personal information of nearly nine million individuals has been compromised after its computer system was hacked. The Atlanta, Georgia-based company—which bills itself as the leading dental benefits manager of government-backed plans for children and seniors—said in a…
Jaguar Recalls I-Pace Electric Vehicles Due to Fire Risk in Batteries, Tells Owners to Park Outside
DETROIT—Jaguar is recalling more than 6,000 I-Pace electric SUVs in the United States due to the risk of the high-voltage battery catching fire, and it’s telling owners to park them outdoors. The recall is the latest in a series of electric vehicle battery recalls because of the potential for fires. Documents posted Wednesday by the…
Nvidia Temporarily Becomes First Chipmaker to Hit $1 Trillion in Value
Nvidia became the first chipmaker to be valued at over a $1 trillion, before falling in trading later in the day. The U.S. chipmaker’s market value rose 3 percent, to $401.15 on May 30, after tripling in value since October, due to its successful investments in Artificial Intelligence, as investors pile on to the firm. The…
IN-DEPTH: Imagine If John Lennon Had Lived Past 1980
There is a scene from the 2019 film “Yesterday” where protagonist Jack is overcome with joy at seeing a former Beatle member alive and well in a seaside cottage. Modern music history is replete with such “what ifs.” What if The Beatles had never broken up? What if John Lennon was not gunned down in…
Artificial Intelligence Poses ‘Risk of Extinction,’ Warns ChatGPT Founder and Other AI Pioneers
Artificial intelligence tools have captured the public’s attention in recent months, but many of the people who helped develop the technology are now warning that greater focus should be placed on ensuring it doesn’t bring about the end of human civilization. A group of more than 350 AI researchers, journalists, and policymakers signed a brief…
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