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‘We have displaced people for AI’: CEO of America’s largest bank

Jamie Dimon, the CEO of America’s largest bank JPMorgan Chase has urged the businesses and governments to start preparing for the labour disruption that artificial intelligence could bring. According to a report a Fortune, speaking at the company’s event, Dimon said that society should not wait until job losses materialise before addressing them. “I’m not...

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‘Hate speech’ case: Gauhati HC issues notice to CM Himanta Sarma

Assam chief minister Himanta Biswa Sarma (File photo) NEW DELHI: The Gauhati high court on Thursday issued a notice to Assam chief minister Himanta Biswa Sarma regarding multiple PILs that allege he made “hate speech.”A division bench, consisting of Chief Justice Ashutosh Kumar and Justice Arun Dev Choudhury, heard the three petitions. Notices were also...

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PLA in peril: Xi’s purge cripples China’s military; is Beijing vulnerable?

China’s ongoing military corruption purges have created serious deficiencies in the command structure of its armed forces and are likely to have affected the readiness of the People’s Liberation Army (PLA), according to a leading defence research centre.The purges, led by the Chinese president Xi Jinping, which have spanned the supreme central military commission, theatre...

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How Google, Amazon, Microsoft and other tech companies are enforcing AI use in office

AI (Representative image) Some of the world’s largest technology companies are not only building artificial intelligence (AI) tools but are actively tracking whether their own employees are using them – and in some cases – tying that usage directly to their career advancement and performance evaluations. Citing a survey from AI consulting firm Section, a...

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Trouble for Chidambaram: ED gets prosecution sanction in 2 money laundering cases

NEW DELHI: The Directorate of Enforcement (ED) has filed a prosecution sanction order against former Union Finance Minister P Chidambaram in connection with the alleged money laundering offence in the Aircel-Maxis deal, placing the order before the Special Court under the Prevention of Money Laundering Act (PMLA) at Rouse Avenue, New Delhi.In a post on...

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