Inflation remained a top concern for policymakers in September as consumer prices increased at a slightly faster-than-anticipated rate for a variety of goods and services. According to a recently released Labor Department report, the consumer price index increased 0.4% from the previous month and 3.7% from the previous year. The corresponding Dow Jones estimates were…
Google and Alphabet CEO Sundar Pichai said every product of every company will be impacted by the rapid development of AI, warning that society needs to prepare for technologies like the ones it’s already launched. Pichai said, “We need to adapt as a society for it. Jobs that AI would disrupt would include knowledge workers, accountants, architects,…
Meta CEO Mark Zuckerberg has announced that 2023 is Meta’s ‘year of efficiency’. It includes refining the company’s distributed work model. Zuckerberg said that an internal analysis of data on employee performance suggests that engineers who work in the personal presence of each other get more done. He stated that Meta remains committed to distributed work model, and…
Amazon employees are pushing CEO Andy Jassy to drop a return-to-office mandate. Jassy recently announced Amazon would require employees to work from the office a minimum of three days a week beginning May 1. Jassy said, “Amazon’s leadership team, known as the S-team, decided it would be easier for employees to collaborate and invent together in person and…
