TOI Tech Desk

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Ford CEO Jim Farley makes clear distinction of the jobs that AI cannot replace; says automation cannot be done for …

Ford CEO Jim Farley has made a clear distinction between the types of jobs artificial intelligence is likely to replace and the ones that will remain dependent on human expertise, arguing that skilled trades workers will largely be protected from the first wave of AI disruption. According to a report by Fortune, speaking during a…

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CEO of US company that cut over thousand jobs in AI push calls narrative that AI is killing software jobs …

Workday CEO Carl Eschenbach has dismissed concerns that artificial intelligence (AI) will affect software business models. He called such fears overblown, despite his company cutting over 1,700 jobs last year as part of an AI-focused restructuring. In an interview with CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland, Eschenbach said, “It’s an…

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Microsoft AI CEO Mustafa Suleyman’s ‘one-word’ description for two of the biggest tech CEOs, Elon Musk and Sam Altman

Mustafa Suleyman, the CEO of Microsoft AI, has now offered a strikingly concise characterizations of two of the most influential figures in the technology industry: Elon Musk and Sam Altman. Speaking to Bloomberg in an interview, Suleyman described Elon Musk as a ‘bulldozer’ and Altman as ‘courageous’ underscoring both admiration and caution in the fast-moving…

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Goldman Sachs: Investors worried about rising AI debt, as performance lags

Investor anxiety regarding the explosion of artificial intelligence-related debt is manifesting differently across investment-grade and high-yield markets, according to new research from Goldman Sachs. While big tech firms and emerging AI players have flooded the debt markets this year to fund a massive global data center build-out, the reception has cooled. AI-linked bonds are currently…

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Anthropic CEO Dario Amodei admits companies are overspending on AI and it poses risk, but …

Anthropic CEO Dario Amodei has spoken on the highly discussed massive spending in the intelligence space. Speaking at this year’s DealBook Summit, Amodei addressed concerns about whether hundreds of billions of dollars being poured into AI data centres will pay off. He acknowledged that the industry is taking on “considerable risk” by such a splash…

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