As artificial intelligence disrupts the workplace, there are still two human traits every employee needs to succeed, according to Canva’s chief people officer, Jennie Rogerson. Rogerson shared those traits at Charter’s New Employer Brand Summit last week in New York City. “Curiosity is a baseline,” she said. In addition to curiosity, Rogerson called out the ability to “go the extra mile” in taking initiative (and responsibility) to help out the team beyond one’s job description. In practical terms, that could mean getting an advanced certificate in your field or bringing soft skills into the workplace. Career coaches and industry experts…
Author: Staff Writer
If work-life balance is hard to come by for many American workers, then it’s virtually impossible to achieve for working parents. A new study from the Pew Research Center captures just how porous the boundary is for parents who are struggling to juggle work and life. For the majority of parents, their caregiving responsibilities bleed into work—and vice versa. In a survey of 2,242 working parents in the U.S., Pew found that among those who worked full time, 70% said they took care of parenting-related tasks while on the job, and 59% handled work responsibilities while with their children. Over…
Jeff Bezos hears those widespread fears about AI causing job loss—and he thinks those doomers are looking at the future all wrong. “I know there’s a lot of concern in general about AI and job loss,” Bezos said in a recent CNBC interview. “I have a very different view. I think what’s actually going to happen is we’re going to have labor scarcity as a result. People are going to have to work hard.” “I know why people are pessimistic. They’re pessimistic because a bunch of smart people are telling them to be pessimistic, but those people are wrong,” Bezos…
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 87.00 points or 0.13% to 69,404.50 • Shanghai decreased 4.58 points or -0.11% to 4,091.892 • Hang Seng decreased 348.72 points or -1.40% to 24,493.95 • ASX 200 increased 3.70 points or 0.04% to 8,917.70 • SENSEX increased 544.15 points or 0.71% to 76,808.48 • Nifty50 increased 135.25 points or 0.57% to 23,989.15 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00034 or -0.05% to 0.70694 • NZDUSD increased 0.00127 or 0.22% to 0.58357 • USDJPY increased 0.105 or 0.07%…
In a Securities and Exchange Commission (SEC) filing on Tuesday, Robinhood said it would cut 10% of its full-time workforce of 2,900 and close a “small number” of open roles. The Menlo Park, California-based financial services platform is joining the ranks of companies that have flattened middle management roles to save costs and slim out bureaucracy. Robinhood CEO Vlad Tenev sent an internal email to staff regarding the layoffs, which the company posted on X. “I want to be transparent about why this is happening now,” Tenev said in the memo. “Robinhood’s business has never been stronger. But to achieve…
SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk‘s space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week. SpaceX said in April that it had the rights to buy Cursor, or pay $10 billion to “work together” with the company. In a regulatory filing Tuesday, SpaceX said that Cursor will become a wholly owned subsidiary when the deal closes in the third quarter. Cursor, made by San Francisco startup Anysphere, is a popular AI coding assistant. What SpaceX has described as Cursor’s wide “distribution to…
Snap’s cofounder and CEO, Evan Spiegel, gave this morning’s keynote at AWE, the augmented reality industry’s big annual conference. He came with news: Snap, best known for its Snapchat ephemeral messaging app, is releasing a pair of AR-enabled glasses called Specs. It intends to ship them this fall for $2,195, and is taking preorders. Though Specs are new, Snap’s investment in smart glasses as a computing and communications platform is anything but. Depending on how you figure, it all began nearly a decade ago, when the company shipped its first product in the category, which, like four subsequent versions, was…
A tentative deal to end the Iran war makes it reasonable to ask how soon prices will drop for gasoline, groceries, airline tickets and other items that got more expensive during the conflict.Not so fast, experts say.Even after oil starts flowing again from the Middle East, it could take a while for consumers to see a difference at local fuel pumps, supermarkets and other places they shop, according to economists and industry analysts.Fighting over the Strait of Hormuz disrupted not only supplies of crude and refined fuel but also the supply chains for fertilizer, food and even footwear. Businesses expect…
A light saber with Luke Skywalker’s severed hand from “The Empire Strikes Back” that is expected to sell for seven figures headlines an upcoming auction of valuables from movies, music and other corners of pop culture.The Hollywood & Entertainment Signature Auction presented by Heritage Auctions announced Tuesday and held July 13-17 also includes hats from “The Wizard of Oz” and “Willy Wonka and the Chocolate Factory,” hoverboards from “Back to the Future II,” rugs from “The Big Lebowski” and a pair of Rocky’s boxing boots. [Image: Heritage Auctions] A major Beatles artifact will also be up for sale: John Lennon’s…
Every major enterprise is running an AI program. Almost none of them are ready for it. Genpact, in partnership with HFS Research, surveyed more than 2,000 enterprise executives across industries and functions as part of our study on how four enterprise debts will make or break your AI future. The findings are confirming and clarifying: Ambition is high, readiness is low, and the gap between the two is compounding. The data is unambiguous: 85% of leaders say their underlying foundations, fragmented data, ungoverned processes, aging systems, and undertrained talent are actively working against their AI investments. Enterprises are directing 13%…