AI-Driven Job Displacement Rattles Global Workforce
A global report finds worker confidence at a record low as artificial intelligence threatens jobs across industries. WiseTech has initiated layoffs, with employees alleging the company omits the word 'AI' from communications to Chinese staff. Meanwhile, 99% of CEOs surveyed expect AI-driven redundancies within two years, signaling a major shift in the labor landscape.
Big tech companies secured favorable terms in Trump's AI executive order, shaping the regulatory direction. China is pouring billions into AI infrastructure, with Xiaomi leading hardware investments and a northwestern region emerging as a key computing hub. The space-based computing race between the US and China intensifies as both nations jockey for technological dominance.
Firms are scrambling to rebrand themselves as AI-centric, a phenomenon now known as 'AI washing.' State-backed investors in China are eyeing the nation's top AI startups for funding. AI is also making its mark on the global phone market and changing how retail investors approach stock trading.
Gizmodo reports on the making of a notable 'Obsession' scene from a recent project, director Nicolas Winding Refn's long-awaited 'Maniac Cop' film finally moving forward, and the 'Stranger Things' exhibit heading to the Smithsonian. These stories highlight ongoing developments in film and pop culture.
Memorial Day sales offer up to $300 off premium 3D printers with CoreXZ kinematics. Tom's Hardware also reports the first-ever Cray T3D supercomputer has been put up for auction with an $81,000 reserve price, drawing interest from collectors and tech enthusiasts.