No stock market in the world is safe
The leading AI companies are calling for a global pause. Three factors - geopolitics, market expectations and their own incentives - make it very unlikely to happen.
The leading AI companies are calling for a global pause. Three factors - geopolitics, market expectations and their own incentives - make it very unlikely to happen.
John Ternus takes over as Apple CEO with the hardware and software roadmap already locked in. AI is the one area where he can — and must — change something.
AI agents posing as executive recruiters are sending personalized job offers worth millions – and then asking for 25,000 kronor to prepare the paperwork.
Nvidia and Wall Street's biggest names are lending customers $500 billion to buy chips, with computing power itself as collateral. The structure is uncomfortably reminiscent of 2008.
TikTok says automated systems catch almost everything harmful before anyone reports it. It is cutting hundreds of human moderators anyway - and the gaps are already visible.
X's advertising revenue has fallen 66 percent in four years. SpaceX's accounts reveal what Elon Musk now intends the platform to be.
Idealism meets pragmatism as the Swedish Writers’ Union gathers its members for a meeting about the AI future. The mood is set to be tense — but the central conflict has already been partly decided. It’s not surprising that the tech world is so disliked across large parts of society. Every new technology shift comes with promises of riches and a brighter future — last time it was social media, this time it’s AI. The […]
After the Tesla success, Elon Musk is back. Now he’s taking his rocket company – which today contains more AI than rockets – to the stock market with an astronomical valuation. Can it become another market phenomenon? When entrepreneur Adam Neumann was preparing to take his co-working company WeWork public in 2019, he had a challenge. How do you make an office hotel sound more exciting than it is? Neumann decided that the company’s “mission […]
Every Nvidia insider has been selling shares for five years straight — and not one has bought. Ahead of the quarterly report, that pattern tells a story worth examining.
AI is frightening corporate executives – and forcing them to make layoffs. That’s what they want us to believe, anyway. So far, it looks more like a convenient excuse than a revolution. The CEO looks concerned. “We have made the difficult decision to reduce our workforce,” he says. We’ve heard it before. Variations on this theme are now everywhere in the business world – at tech companies especially. Coinbase is cutting 14 percent of its […]