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2. Fears over AI killing labor demand are ‘probably overblown ...

   www.aol.com/finance/fears-over-ai-killing-labor...

   AI could ultimately automate around 25% of labor tasks in advanced economies and 10% to 20% of work in emerging economies, according to the firm’s economists. But fears over such a steep drop in ...

3. AI investments are showing signs of a payoff, but the price ...

   www.aol.com/finance/ai-investments-showing-signs...

   Microsoft announced last week it spent $14 billion on capital expenditures tied to its AI buildout in its fiscal third quarter, up from $7.8 billion in the same period last year. The company’s ...

4. California to tap generative AI tools to increase services ...

   www.aol.com/news/california-tap-generative-ai...

   The state is partnering with five companies to create generative AI tools using technologies developed by tech giants such as Microsoft-backed OpenAI and Google-backed Anthropic that would ultimate.

5. Technological unemployment - Wikipedia

   en.wikipedia.org/wiki/AI_unemployment

   Technological unemployment is the loss of jobs caused by technological change. It is a key type of structural unemployment.Technological change typically includes the introduction of labour-saving "mechanical-muscle" machines or more efficient "mechanical-mind" processes (), and humans' role in these processes are minimized.

6. Unemployment Drops In RivCo, Payroll Gains For Many

   patch.com/california/murrieta/unemployment-drops...

   Mecca had the highest unemployment rate countywide in March at 12.5%, followed by Cherry Valley at 9.3%, Coachella at 8.7%, Rancho Mirage at 7.3% and Hemet at 7.2%. The combined unemployment rate ...

7. Generative artificial intelligence - Wikipedia

   en.wikipedia.org/wiki/Generative_artificial...

   Théâtre D'opéra Spatial, an image generated with Midjourney. Generative artificial intelligence ( generative AI, GenAI, [1] or GAI) is artificial intelligence capable of generating text, images, videos, or other data using generative models, [2] often in response to prompts. [3] [4] Generative AI models learn the patterns and structure of ...