How A Musk Victory Vs. Altman Would Reset America's AI Roadmap

Can We Have Our Humans Back? Companies Rethink AI Authored by Autumn Spredemann via The Epoch Times, The artificial intelligence revolution may not be eliminating human jobs as quickly as some feared. Rising computing costs, operational headaches, and inconsistent results are prompting some companies to change course and bring workers back. It’s a hard lesson learned in the throes of the early AI boom, in which bold claims of big savings have enticed many businesses to downsize their staff. Many industry professionals now say that roles requiring sound judgment, creativity, customer interaction, and...

JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela. The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...