AI could displace more than 50% of banking jobs, according to new Citigroup report

In a recent report by Citigroup, the global investment firm has projected that artificial intelligence (AI) could lead to the displacement of more than 50% of jobs in the banking industry. This revelation highlights the profound impact that AI and digital transformation are having on the workplace. Citigroup’s report indicates that 54% of roles in […]
Apple will not release new AI features in Europe

Apple has announced that three significant features in iOS 18 and macOS Sequoia won’t be available to European users this fall. These features include iPhone screen mirroring on Mac, SharePlay screen sharing, and the entire Apple Intelligence suite of generative AI capabilities. This announcement happens just as Apple has been found to be in breach […]
DARPA reports questions potential of quantum computing

The US Defense Advanced Research Projects Agency (DARPA) recently published the findings of its Quantum Benchmarking program, an initiative launched in 2021 to assess the potential of quantum computers to solve complex problems that stump classical machines. The results are a mix of optimism and caution, indicating that while quantum computers hold promise, significant advancements […]
Over 50 percent of banking jobs could be displaced by AI: Citigroup report. Hashtag Trending for Tuesday, June 25, 2024

Hashtag Trending is brought you with the generous sponsorship of Zoho Canada. We thank them for making it possible for us to bring you this type of content. Zoho has a unique and powerful software suite to transform the way you work. It’s designed for businesses of all sizes and built by a company that […]
Cyber Security Today, June 24, 2024 – Ransomware gang reportedly behind hack of car dealership software provider
The BlackSuit ransomware gang is reportedly behind the hack of car dealership software provider. Welcome to Cyber Security Today. It’s Monday June 24th, 2024 . I’m Howard Solomon, contributing reporter on cybersecurity for TechNewsday.com. The BlackSuit ransomware gang is behind the cyberattack of CDK Global, a software company providing a management suite for car dealerships […]