#workforce-impact

#workforce-impact

Researchers at Microsoft say AI is having a net positive effect on software development, with the technology "augmenting developers rather than replacing them". The claim follows the publication of a examining the use of the technology amidst rising concerns over its impact on the workforce. The use of AI in software development has become a source of "intense debate" in recent months, researchers noted, with some industry stakeholders suggesting it will ultimately replace developers and reduce entry-level opportunities.

David Solomon's talked about AI that can draft IPO documents in minutes. Jamie Dimon is a "tremendous" user of JPMorgan's suite of tools. UBS has used AI to generate avatars of analysts that explain research to clients. Wall Street's C-Suites have been hyping generative AI - touting their tools at conferences, earning calls, and interviews, and talking big about how it will improve productivity, reduce gruntwork, and even keep headcount low.

Four team members at GE Appliances suddenly lost their jobs and legal status when Trump revoked a humanitarian program, leaving a manufacturing team leader in distress.

"It's been an evolution and the recognition that student loans are here to stay, and, quite frankly, that the student loan debt crisis is real," says Stacey MacPhetres, senior director of education finance for EdAssist by Bright Horizons, which offers tuition assistance and student loan repayment benefit plans.