This week, Congress can take an important step providing consumers and industry with the clarity they need. https://
financialservices.house.gov/calendar/event
single.aspx?EventID=408922
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ECONOMY
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Congress advances AI regulatory clarity for consumers and industry
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Digital Transformation Boosts Financial Sector Resiliency
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#DigitalTransformation In #Finance: How Companies Can Boost Resiliency https://
bit.ly/43UDKMJ via @Forbes #Fintech -
Microsoft Stock Falls Five Percent Following AI Earnings Delay
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Microsoft is down 5% now after earnings https://
cnbc.com/2023/07/26/mic
rosoft-stock-falls-as-analysts-digest-a-delayed-ai-ramp.html
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30% of US Work Hours Could Be Automated by 2030
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By 2030, activities that account for up to 30 percent of hours currently worked across the US economy could be automated—a trend accelerated by generative AI. https://t.co/yr4ZqpBCQ2
— Paul Roetzer (@paulroetzer) 26 juillet 2023By 2030, activities that account for up to 30 percent of hours currently worked across the US economy could be automated—a trend accelerated by generative AI.
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Major Industry Shift Signals Big Changes for Advertising
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Big news for the ad industry if this happens.
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Lazy-Girl Jobs: New Career Trend for Work-Life Balance
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'Veterans of such jobs say roles such as "digital marketing associate," "customer-success manager" and "office administrator" are good bets for achieving the lazy-girl lifestyle.' https://
wsj.com/articles/the-c
areer-goal-of-the-moment-is-a-lazy-girl-job-f5075c4e
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AI Impact on Jobs: Psychological and Economic Implications
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i.e. psychologically? or what do we project the short and long term impacts on jobs will be? it's an important question!
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Employees Hiding AI Use From Employers Productivity Gains
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Wharton professor says employees are hiding #AI use—and potentially transformative productivity gains—from employers https://
bit.ly/3Ps9411 #FutureofWork -
Microsoft Alphabet earnings reveal AI race progress and GenAI ads
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Big earnings day with Microsoft & Alphabet both reporting results after the closing bell. This should give people some sense of how the past few months of the ongoing AI race has gone for each company. (Also will be worth watching what they say about progress for GenAI ads.)
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Exploitative Labor and Colonial Undertones in Content Moderation Work
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Much of this work deals with benign content, though that doesn't mean the job is itself benign. I and many others have written about how easily these jobs become exploitative. Here's a piece I wrote last year on the colonial undertones of this labor.