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News roundup

The top stories in AI today.

FUTURE OF WORK

Jobs are changing — are you?

• The Top Business Use Cases for Gen AI

• 5 Popular Myths About Generative AI

• JPMorgan Releases In-House Chatbot

ALLIANCES

Who’s making moves in the AI game of thrones?

• Nvidia Announces Microservices for OpenUSD

• Perplexity Launches Ad Rev Sharing

• Canva Acquires Leonardo

NEW LAUNCHES

The latest features & products in AI innovation.

• Google to Bundle Gemini with Pixel 9 Pro

• The Cautious Apple Intelligence Rollout

• OnePlus Ear Buds to Enable AI Call Summaries

GOVERNMENT

Press releases, regulation, defense & politics.

• Critics Think New California Regulation is Doomerism

• Microsoft Urges Congress to Regulate AI Deepfakes

FINANCE & ECONOMICS

Economics + the movers & shakers on Wall Street.

• Wall Street Is Increasingly Skeptical as Billions Pour Into AI

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Breakthroughs in AI research

The latest research papers — in a language you can understand.

Goldman Sachs Report: AI’s $1 Trillion Gamble

A new Goldman Sachs Global Investment Research report examined the economic potential of generative AI technology. Their analysis was prompted by the estimated $1 trillion investment in AI infrastructure by tech giants, despite limited tangible benefits thus far. Their report assessed whether this substantial spending will ultimately pay off.

The firm forecast AI’s economic impact to be a 9% boost to productivity and a 6.1% boost to GDP growth. At the same time, MIT economist Daron Acemoglu estimates only a 0.5% increase in US productivity and a 0.9% increase in GDP over the next decade.

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