Dropbox CEO trusts employees with 90/10 remote work rule
Dropbox CEO Drew Houston is giving employees the freedom to work from home 90% of the time. The remaining 10% of the year is dedicated to employee off-site events. Houston’s approach is a stark contrast to other business leaders, such as Meta CEO Mark Zuckerberg, Goldman Sachs CEO David Solomon, and JPMorgan CEO Jamie Dimon. […]
SEC chair warns of financial crisis triggered by AI
Gary Gensler, the chair of the Securities and Exchange Commission (SEC), has warned that artificial intelligence (AI) could trigger a financial crisis within the next decade. Gensler told the Financial Times that he believes “it’s nearly unavoidable” that AI will cause a market crash, and that reliance on models developed by tech companies could lead […]
New York legislature to introduce background checks for 3D printers
A new bill introduced in the New York State Assembly would require background checks for the purchase of 3D printers capable of creating firearms. The bill, A8132, is sponsored by Assemblymember Jenifer Rajkumar and is currently in committee. The bill defines a “three-dimensional printer” as “a computer or computer-driven machine or device capable of producing […]
LinkedIn plans second round of layoffs in 2023
LinkedIn has announced y that it will be laying off more than 660 employees across its engineering, product, talent, and finance teams. This represents more than 3% of the company’s global workforce. This is the second round of layoffs at LinkedIn this year, following a round of cuts in May that affected 716 employees. The […]
Companies begins to engage in AI washing scam
The rise of generative AI has birthed a new type of scam dubbed AI washing, which occurs when a company falsely claims that its products or services are powered by AI, or that they use AI in a way that is misleading. This can be done through marketing materials, website claims, or even product packaging. […]
