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The post How AI Can End Recessions As We Know Them appeared on BitcoinEthereumNews.com. Ken Griffin wasn’t buying the AI panic. At Davos in January, the billionaire founder of Citadel, the Miami hedge fund giant with $68 billion in investment capital, dismissed artificial intelligence’s output as “garbage.” Then this month, Griffin did a 180. He watched AI agents do complex work in hours that once took Citadel employees weeks or even months. Citadel’s entire business is built around hiring brainiacs. More than 40% of its employees hold advanced degrees, including about 270 Ph.D.s across 40 fields. These are some of the highest-paid workers in America –the median annual compensation for software engineers at Citadel is more than $500,000– and software that can replace even part of that labor could save firms like Citadel enormous amounts of money. Griffin still said he went home depressed because machines were starting to do work that once only those people could do. Economists may soon
Read full articleXRP Power AI Smart App gains attention for combining AI automation with cloud-based passive income features. This is a recent sentiment shared by a retired user in Florida within the crypto community. With the rising cost of living in the…
AI-driven job cuts in European banks could enhance efficiency and profitability, but also accelerate digital transformation and workforce shifts. The post Morgan Stanley: European banks could cut 20% of jobs due to AI appeared first on Crypto Briefing.
Explore seven practical AI projects that automate real workflows, including job search, web research, investment research, market trend analysis, invoice processing, chart digitization, and personalized exercise training.
Higher Wall Street targets depend on earnings strength, AI spending and consumer resilience while rates and oil keep pressure on valuations.
The acquisition could reshape U.S. energy markets, boosting AI infrastructure and potentially benefiting crypto mining amid regulatory scrutiny. The post NextEra bets $66.8B Dominion deal will accelerate US power infrastructure for AI appeared first on Crypto Briefing.
For years, software developers on H-1B visas benefited from steady demand among US technology employers. That market is becoming more selective as companies redirect spending toward AI and rely more heavily on coding assistants. Recent layoffs at companies including Meta and Amazon have added to the uncertainty, with engineering and software roles affected even as major technology companies continue to deepen investments in AI. Developers and analysts say traditional engineering roles are becoming harder to land, recruiters are asking more often for AI-related experience, and workers are being pushed to keep pace with tools such as GitHub Copilot, Claude, and ChatGPT. The shift is being driven by both AI investment and broader economic uncertainty, according to Pareekh Jain, CEO of Pareekh Consulting. Companies are changing the profile of the developers they want, hiring fewer people in some areas while paying more for AI talent. “AI investments are changing company hiring strategy,” J
For years, software developers on H-1B visas benefited from steady demand among US technology employers. That market is becoming more selective as companies redirect spending toward AI and rely more heavily on coding assistants. Recent layoffs at companies including Meta and Amazon have added to the uncertainty, with engineering and software roles affected even as major technology companies continue to deepen investments in AI. Developers and analysts say traditional engineering roles are becoming harder to land, recruiters are asking more often for AI-related experience, and workers are being pushed to keep pace with tools such as GitHub Copilot, Claude, and ChatGPT. The shift is being driven by both AI investment and broader economic uncertainty, according to Pareekh Jain, CEO of Pareekh Consulting. Companies are changing the profile of the developers they want, hiring fewer people in some areas while paying more for AI talent. “AI investments are changing company hiring strategy,” J
New mothers working in software development are staring down an AI-pilled workplace they barely recognize.
