“AI will leave a lot of white-collar people behind” – Ford CEO latest to claim AI will wipe out millions of jobs

Ford CEO Jim Farley believes half of white-collar jobs will be lost to AI Amazon, Anthropic, Fiverr and other companies all agree Unsurprisingly, OpenAI and Nvidia think we’re overreacting Ford CEO Jim Farley has stated he believes “literally half” of all white-collar jobs in the US could be lost to artificial intelligence (via TechSpot). Speaking…

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how $10bn UK energy challenger Prax unravelled

As recently as November, the publicity-shy owner of Prax Group wanted investors to know that his $10bn challenger company was fast becoming a “formidable force” in the energy industry. “Twenty-five years on from when we started, we are a much bigger, stronger, better business in all kinds of ways,” founder and chief executive Sanjeev Kumar…

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‘Trump is going to be in your head for a long time’

It is no surprise that Steve Bannon has picked Butterworth’s. In spite of opening only last year, the quirky French-style bistro is already the Maga crowd’s preferred watering hole. Bannon, whose Capitol Hill townhouse is a few blocks away, is something close to its patron saint. Having been Donald Trump’s original explainer, godfather to US…

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Europe’s luxury sector is ‘ economic powerhouse’ but needs more support – ECCIA report

A new report on the high-end and luxury sector in Europe shows that it’s a “€986 billion economic powerhouse driving jobs, tourism and craftsmanship”. Photo: Pexels The study comes from the European Cultural and Creative Industries Alliance (ECCIA), which includes EU countries and the UK, and shows that Europe’s high-end/luxury sector represents 5% of the…

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