Business Innovation
Jessika Trancik named director of the Sociotechnical Systems Research Center
Jessika Trancik, a professor in MIT’s Institute for Data, Systems, and Society, has been named the new...
Business Innovation
‘Shark Tank’ star Kevin O’Leary says being liked has nothing to do with success—Steve Jobs taught him: ‘You can’t worry about whose feelings you...
CEOs take on all sorts of personas, from the benevolent leader to the cutthroat business executive. Millionaire entrepreneur Kevin O’Leary is famous for his brutally honest, intimidating aura on-screen as a Shark Tank investor—and some of that leadership style...
Business Innovation
WM CEO Jim Fish never wants to be too busy to say hello to employees
On this episode of Fortune’s Leadership Next podcast, cohosts Diane Brady, executive editorial director of the Fortune CEO Initiative and Fortune Live Media, and editorial director Kristin Stoller talk to Jim Fish, CEO of WM (No. 197 on the Fortune 500)....
Business Innovation
Gen Z is ditching college for ‘more secure’ trade jobs—but office admin jobs are still the safest bet for non-grads
Gen Z are ditching degrees in droves and landing trade jobs. They’re finding themselves in six-figure careers that tap into their desires for more travel and less time at a desk, without any student debt.But not all that glitters...
Business Innovation
Federal Reserve economists aren’t sold that AI will actually make workers more productive, saying it could be a one-off invention like the light bulb
A new Federal Reserve Board staff paper concludes that generative artificial intelligence (gen AI) holds significant promise for boosting U.S. productivity, but cautions that its widespread economic impact will depend on how quickly and thoroughly firms integrate the technology.Titled...
Business Innovation
Andy Jassy says Amazon has chosen to ’embrace’ AI, promising it ‘will make all our teammates’ jobs more enjoyable’
Andy Jassy, who sent shockwaves through the jobs market as one of the first major chief executives to say that “AI will mean fewer jobs,” sounded a different tone on the earnings call accompanying Amazon’s earnings on July 31....
Business Innovation
Even the railroad barons never did this: an $85 billion merger stretching from coast to coast
The proposed merger, announced Tuesday, would marry Union Pacific’s rail network in the West with Norfolk’s rails that snake across Eastern states.The nation was first linked by rail in 1869, when a golden railroad spike was driven in Utah...
Business Innovation
Satya Nadella on the ‘enigma of success’ in the age of AI: A thriving business, but 15,000+ layoffs
Microsoft, one of the world’s most valuable tech companies, is undergoing a sweeping internal transformation punctuated by mass layoffs, even as its financial performance soars and its ambitions in artificial intelligence reach unprecedented heights. In a memo sent to...
Business Innovation
Stanford dropout Sam Altman says college is ‘not working great’ for most people—and predicts major change in the next 18 years
OpenAI CEO Sam Altman is so skeptical of college he doesn’t think his own kid will attend.Having dropped out himself—from Stanford University in 2005—the now-billionaire has often advised young people to look beyond a college education and not automatically...
Business Innovation
‘Intelligence too cheap to meter’ is AI’s next frontier, Sam Altman says
In a high-profile fireside chat at the Federal Reserve in Washington, DC, OpenAI CEO Sam Altman sat down with Fed Vice Chair Michelle Bowman to sketch a sweeping vision of artificial intelligence and its implications for finance, employment, and...
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