AI

At the World Economic Forum, leaders voice concerns about the potential risks and benefits of artificial intelligence. While some believe it's out of control and requires regulation, others argue that businesses are using it responsibly and cautiously.

Published on: January 23, 2025, 05:02 PM UTC

Economist Nouriel Roubini ("Dr. Doom") warns of massive job losses due to advancements in humanoid robots and large language models. He also expresses concerns about the potential impact of tariffs on the US economy, citing risks to inflation, interest rate hikes, and economic growth.

Published on: January 23, 2025, 04:02 PM UTC

At the World Economic Forum, leaders debate the impact and regulation of artificial intelligence (AI). Some argue AI is out of control, while others see responsible enterprise use. AI is transforming businesses, creating new jobs while automating others. The future of AI raises questions about safeguarding its impact on society.

Published on: January 23, 2025, 04:02 PM UTC

Microsoft aims to provide 1 million people in South Africa with AI and cyber security training opportunities by 2026, prioritizing all sectors and the youth.

Published on: January 23, 2025, 03:06 PM UTC

Salesforce CEO Marc Benioff takes aim at Microsoft's AI business tools, while highlighting the success of Salesforce's AI bots. Despite skepticism from some analysts, Salesforce's stock has surged on the strength of its AI initiatives.

Published on: January 23, 2025, 03:03 PM UTC

Dr. Doom warns that humanoid robots will replace human workers, leading to mass job losses and economic disruption. Citi research predicts the market could reach $7 trillion by 2050, while experts express concerns about the impact of tariffs on inflation and the Federal Reserve's rate decisions.

Published on: January 23, 2025, 03:01 PM UTC

Microsoft aims to train one million South Africans in artificial intelligence and cybersecurity by 2026.

Published on: January 23, 2025, 03:00 PM UTC

Salesforce CEO Marc Benioff criticizes Microsoft's AI rival Copilot, while experts debate the potential and monetization of AI agents like Salesforce's Agentforce.

Published on: January 23, 2025, 02:04 PM UTC

The Nasdaq Composite (^IXIC) surged nearly 1.3% higher, bolstered by a jump in Netflix shares on the back of surprisingly strong earnings. The S&P 500 (^GSPC) gained more than 0.6% to close just shy of its record high of 6,090. Meanwhile, the Dow Jones Industrial Average (^DJI) rose 0.3%, following a gain of over 500 points on Tuesday.

Published on: January 23, 2025, 02:04 PM UTC

Tech stocks led a market surge Wednesday as Netflix shares reached a record high after a strong earnings report, while President Donald Trump's focus on AI investments outweighed fresh tariff concerns. The Nasdaq Composite (^IXIC) climbed nearly 1.3%, boosted by a jump in Netflix shares, while the S&P 500 (^GSPC) gained over 0.6%, nearing its record high. The Dow Jones Industrial Average (^DJI) rose around 0.3%, following a significant gain on Tuesday. Trump's 'Stargate' initiative, a $500 billion private sector investment in AI infrastructure, sparked enthusiasm in tech stocks like Oracle (ORCL), SoftBank (9984.T), and Arm Holdings (ARM), despite worries about a Trump-led trade war.

Published on: January 23, 2025, 12:03 PM UTC