News
Tech Leaders and Economists Call for AI Guardrails to Protect Workers
2+ hour, 14+ min ago (356+ words) Artificial intelligence is transforming the economy, and now is the time to ensure that the technology benefits society, according to a statement signed by more than 200 economists and AI researchers. Among the signers of the statement are 16 Nobel Laureates, the…...
AI Adoption Fuels Hiring, Not Layoffs, New Data Shows
5+ hour, 11+ min ago (679+ words) In 1865, English economist William Stanley Jevons observed that improving the efficiency of steam engines increased Britain’s coal consumption instead of reducing it. More efficient engines made coal-powered production cheaper, so more industries adopted it and expanded operations. Over 160 years later,…...
Amazon Business Brings AI Spend Visibility Tools to Spanish Procurement Teams
6+ hour, 8+ min ago (284+ words) Amazon Business now offers Prime Business customers in Spain some new artificial intelligence-powered features, according to a Monday (July 13) press release translated by Google. The features help purchasing, finance and operations managers see how their organization buy, as well as…...
State Governments Turn to AI to Do the Grunt Work
14+ hour, 44+ min ago (296+ words) This week in the Prompt Economy, the spotlight is on how AI is reshaping local and federal government. One of the most dramatic examples surfaced this week in the U.S. heartland. The details of the Kansas turnaround are striking. A Route…...
Meta Shuts Down AI Image Tool Following Backlash
23+ hour, 20+ min ago (347+ words) Meta has shuttered an artificial intelligence image creation feature after just three days, following public backlash. The tech giant last Tuesday (July 7) introduced a tool that let users generate images using public Instagram accounts. By Friday (July 10), the feature was…...
OpenAI Safety Boss Resigns in Latest Executive Departure
1+ day, 45+ min ago (488+ words) OpenAI’s safety head is reportedly leaving the company amid a larger leadership shakeup. Johannes Heidecke, the artificial intelligence startup’s head of safety systems, informed staff last week of his departure, according to a Friday (July 10) Wired report. His departure comes…...
AI Carts Know What You Almost Bought
3+ day, 5+ hour ago (696+ words) Retailers have always known what customers bought. They have rarely known what customers almost bought. Customers pick up an item and put it back, compare products and reject one, or walk past an aisle twice before moving on. The gap…...
Cursor Prepares Workplace AI Agent to Challenge Claude Cowork and ChatGPT Work
3+ day, 7+ hour ago (443+ words) Cursor, which has offered coding-focused tools since its founding in 2022, is developing a general-purpose AI agent that would compete with Anthropic’s Cowork and OpenAI’s ChatGPT Work, The Information reported Thursday (July 9), citing unnamed sources. The artificial intelligence agent, which is…...
Trump AI Restrictions Spur Shift Toward Open-Source Models
3+ day, 7+ hour ago (210+ words) The uncertainty has prompted companies to rethink their dependence on any single frontier model. The report notes that open models were already gaining momentum because of rising costs associated with proprietary AI services. The administration’s actions added another incentive by…...
Study Finds AI Must Earn the Right to Move Money
3+ day, 14+ hour ago (442+ words) Enterprise artificial intelligence promises nearly as many different business outcomes as there are businesses themselves. It comes as little surprise, then, that the AI race inside enterprise technology is already starting to split along sector lines. AI is not developing…...