Tag Archives: artificial intelligence

Top Wall Street exec predicts ‘social unrest’ due to AI: ‘Millions could be out of work’

Top Wall Street exec predicts 'social unrest' due to AI: 'Millions could be out of work'

Artificial intelligence could make many jobs like cashiers and drivers obsolete – leading to widespread social unrest, according to a senior Wall Street finance executive. Armen Panossian, a co-CEO of Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that AI poses “the biggest risk” because while it “clearly …

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Americans embrace AI despite fraud fears: survey

Americans embrace AI despite fraud fears: survey

Almost half (48%) of Americans believe the rise of artificial intelligence has made them less likely than ever to “cheat scams,” according to a new study. With artificial intelligence in education, communication and even science, it is clear that innovative technology in the 21st century has its pros and cons. …

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