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Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped out Artificial intelligence will be a “tsunami hitting the labour market”, with young people worst affected, the head of the International Monetary Fund warned the World Economic Forum on Friday. Kristalina Georgieva told delegates in Davos …

Young will suffer most when AI ‘tsunami’ hits jobs, says head of IMF Read More »

US aerospace tech company reportedly held talks last year over private share sale that values business at $800bn Elon Musk’s SpaceX is reportedly lining up four Wall Street banks to help the company list on the stock market as investors prepare for an expected rush of US tech listings. SpaceX is considering Bank of America, …

SpaceX lines up Wall Street banks as Musk eyes blockbuster IPO Read More »

Misinformation technology could be deployed at scale to disrupt 2028 US presidential election, AI researchers say Political leaders could soon launch swarms of human-imitating AI agents to reshape public opinion in a way that threatens to undermine democracy, a high profile group of experts in AI and online misinformation has warned. The Nobel peace prize-winning …

Experts warn of threat to democracy from ‘AI bot swarms’ infesting social media Read More »

Growing concerns about the impact of smartphones on the youngest children must be addressed The first UK government guidance on young children’s use of tablets, smartphones and other screens, expected in April, cannot come soon enough. The laissez-faire approach to the boom in social media, handheld devices and other digital technology was arguably nowhere less …

The Guardian view on toddlers and screens: more reasons to be fearful of big tech | Editorial Read More »

AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK’s poorer regions The UK business secretary, Peter Kyle, has said he is “betting big” and “picking winners” as the government takes direct stakes in growing businesses to boost economic growth. Speaking at the World Economic Forum in Davos, …

‘I’m picking winners’: UK business secretary takes activist approach to economic growth Read More »

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing it to sidestep a ban and ending a long legal battle. The deal finalized by ByteDance, TikTok’s Chinese owner, sets up a majority American-owned …

TikTok announces it has finalized deal to establish US entity, sidestepping ban Read More »

In the UK, 98% of two-year-olds watch screens on a typical day, on average for more than two hours – and almost 40% of three- to five-year-olds use social media. Could this lead to alarming outcomes? At Stoke primary school in Coventry, there are many four-year-olds among those starting in reception class who can’t sit …

How screen time affects toddlers: ‘We’re losing a big part of being human’ Read More »

Video game publisher to cancel Prince of Persia remake and close studios after several difficult years The video game publisher behind the Assassin’s Creed series has cancelled six projects including a remake of Prince of Persia: The Sands of Time as it fights to stay competitive in the global gaming market. Ubisoft announced a sweeping …

Ubisoft cancels projects and announces restructure in fight to stay competitive Read More »

Estimate made by Center for Countering Digital Hate after Elon Musk’s AI image generation tool sparked international outrage Grok AI generated about 3m sexualised images earlier this month, including 23,000 that appear to depict children, according to researchers who said it “became an industrial scale machine for the production of sexual abuse material”. The estimate …

Grok AI generated about 3m sexualised images this month, research says Read More »

Hundreds of writers, musicians and performers urge licensing deals instead of scraping creative work Scarlett Johansson, Cate Blanchett, REM and Jodi Picoult are among hundreds of Hollywood stars, musicians and authors backing a new campaign accusing AI companies of “theft” of their work. The “Stealing Isn’t Innovation” drive launched on Thursday with the support of …

Scarlett Johansson and Cate Blanchett back campaign accusing AI firms of theft Read More »