WPP chief says use of AI in advertising is an ‘opportunity’ not a threat April 27, 2023 Contrary to some commentators’ fears, chief of WPP Mark Read has called artificial intelligence a “massive opportunity to optimise creative” work rather than representing a threat. Speaking to the Financial Times, Read revealed the advertising giant has already been using artificial intelligence and automation to “amplify” its creative work for some years. He added that [...]
Gary Gensler’s creation of confusion is a toe-curling problem for crypto April 21, 2023 Jason Deane explains why he's still unfurling his toes after watching a particularly painful episode of the Gary Gensler Show.
SpaceX Starship: Elon Musk owned rocket – the biggest and most powerful ever – explodes minutes after take off April 20, 2023 SpaceX’s Starship – the biggest and most powerful space rocket ever developed – has exploded minutes after blasting off. The launch, which took place from SpaceX’s Starbase in the US state of Texas, came after a stuck valve forced a launch attempt on Monday to be aborted. While Thursday’s launch saw the rocket leave the [...]
‘Genie won’t go back in the bottle’ on artificial intelligence, says security minister April 20, 2023 Security minister Tom Tugendhat has said while he understands fears about artificial intelligence (AI), it would be misguided to pause further developments on the new technology. He also suggested that suspending the field could squander UK cybersecurity efforts. “Given the stakes, we can all understand the calls to stop AI development altogether,” he said, speaking [...]
Jeremy Hunt throws out concerns over job losses and insists UK needs to “win” AI race April 20, 2023 Jeremy Hunt said he doesn’t “buy” the argument that artificial intelligence (AI) could create job losses as he insisted the UK should push ahead in harnessing the technology. Speaking at the Politico TechUK launch event in London, the Chancellor said use of artificial intelligence in technology was crucial to tackling the UK’s “growth challenge,” as [...]
Bennett on Business: The CBI must demonstrate value for money April 19, 2023 When it was founded in 1965, the Confederation of British Industry was intended to disrupt the cosy dialogue between the Wilson Government and the Trades Unions. Back then the Unions called the shots – they were invited into Number 10 to discuss industrial and economic policy, leaving assorted company leaders out in the cold. As [...]
Monopolies hire too many pointless managers and kill off productivity growth April 19, 2023 Does your boss - or the economy - really need you?
Graham Linehan – AKA Glinner – back on Twitter after latest ban April 18, 2023 Graham Linehan, the creator of Father Ted now best known for his opposition to trans rights, has been allowed back onto Twitter after serving yet another ban for breaking the platform’s rules over hate speech and making threats. He was furiously tweeting again just hours after he was banned for a tweet in which he [...]
Explainer: Is there an electric car price war? April 18, 2023 Execs at Renault are considering price cuts after the falling cost of a Tesla.
As The Perkcession Bites, What Workplace Benefits Are Important Now? April 17, 2023 With layoffs at Goldman Sachs, Morgan Stanley and Bank of New York Mellon racking up thousands of job cuts, those working in the financial services sector are understandably worried about contagion, and whether their own jobs will be safe. The collapse of Credit Suisse in March, and its subsequent rescue by rival UBS, as well [...]