Business

Auto Added by WPeMatico

As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’

Ultrarich face backlash as billionaire tax in California makes it to the ballot and Americans organize for higher wagesThe day that Elon Musk became the world’s first trillionaire, Gilberto Rubio, a security officer in the San Francisco area, said he was thinking about how to cut back on meals to save money.Jessica Ordeñana, a bartender […]

As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’ Read More »

Why Amazon Dropped Its OpenAI Movie, Data Center Workers Fight Back, and Meta Leaks Employee Data

Amazon-owned MGM Studios’ decision to drop the OpenAI movie is just part of AI and film industries becoming increasingly intertwined. On Uncanny Valley, we take a look at where this is all headed.

Why Amazon Dropped Its OpenAI Movie, Data Center Workers Fight Back, and Meta Leaks Employee Data Read More »

Elon Musk loses trillionaire status as SpaceX and Tesla stock drops

Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world’s first trillionaireElon Musk was no longer a trillionaire by the time markets closed on Wednesday. Plunging shares in Tesla and SpaceX dragged the tech magnate down to billionaire status. As of 4pm ET, Forbes listed Musk’s net worth as

Elon Musk loses trillionaire status as SpaceX and Tesla stock drops Read More »

Labor tax critic deletes anti-immigration AI video reposted from rightwing nationalist account

Fund manager Geoff Wilson says he did not watch full video and deleted it after ‘inappropriate associations were identified’Get our breaking news email, free app or daily news podcastThe fund manager Geoff Wilson, a prominent public critic of the government’s tax changes, has deleted an inflammatory AI-generated video he reposted from a rightwing nationalist account

Labor tax critic deletes anti-immigration AI video reposted from rightwing nationalist account Read More »

Meta pauses employee tracker for AI training amid privacy concerns

Workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen contentMark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash.The owner of Facebook, Instagram and WhatsApp had introduced a tool that tracked staff keystrokes, mouse clicks and content displayed on computer

Meta pauses employee tracker for AI training amid privacy concerns Read More »

US AI stock sell-off shakes markets from Wall Street to Asia

Losses spread globally as investors questioned soaring valuations and spending on AI infrastructureA tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs.The tech-heavy Nasdaq index opened 2% lower

US AI stock sell-off shakes markets from Wall Street to Asia Read More »