Tag: Artificial intelligence

AIBusiness

JPMorgan CEO Warns of Inevitable AI-Driven Job Market Transformation, Urges Proactive Adaptation

** JPMorgan Chase CEO Jamie Dimon has issued a stark warning about the impact of artificial intelligence on employment, stating that job losses are an inevitable consequence of the technology’s advancement. In a recent discussion, Dimon urged skeptics to “stop sticking their head in the sand” and emphasized the need for societal preparation, including retraining and income assistance programs. The banking giant has already invested billions in AI, utilizing it for everything from fraud detection to legal analysis. **CONTENT:**

AI Job Displacement “Inevitable,” Says Banking Chief

by Owen Holt
AITechnology

Meta Rolls Out Enhanced AI Supervision Tools for Teen Safety Across Social Platforms

Meta Platforms is launching comprehensive AI parental controls across its social media applications, giving parents oversight of teen interactions with artificial intelligence. The features will initially debut on Instagram in English-speaking markets before expanding globally. This move comes amid growing scrutiny of how social platforms manage youth mental health and AI engagement.

Expanding Parental Oversight for AI Interactions

Meta Platforms has announced new parental controls specifically designed to monitor and manage how teenagers interact with artificial intelligence systems across its social media applications. According to reports, these tools will provide parents with unprecedented visibility and control over their children’s engagements with AI assistants and characters.

by Owen Holt
BusinessTechnology

SK Telecom’s New AI Division Implements Voluntary Exit Program Following Recent Launch

SK Telecom’s recently launched AI division is implementing a voluntary retirement program for its 1,000 employees. The company describes the move as a supportive measure during organizational integration rather than a downsizing effort. Employees who remain may face reassignments to regional offices as the telecom giant consolidates its AI operations.

Organizational Restructuring at AI Division

SK Telecom, South Korea’s telecommunications leader, is implementing significant changes at its newly established AI division just weeks after its launch, according to reports. The company’s AI CIC (Company-in-Company) unit is offering a voluntary retirement program to employees as part of broader organizational integration efforts, sources indicate.

by Harlow Wesley