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Anthropic just released a report titled "AI Job Displacement Report": The higher the education level, the more "displaced" one is

The "AI Job Displacement Report" released by Anthropic reveals that AI significantly improves efficiency in complex tasks, especially in jobs that require higher education. The report points out that AI not only replaces some human thinking but also leads to a phenomenon of de-skilling. Data shows that AI accelerates performance in high-difficulty tasks even more dramatically, with work speed increasing by up to 12 times. Human-machine collaboration will be key in the future workplace, and those who know how to work with AI will be more competitive

Wallstreetcn·
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GOOG
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Wallstreetcn·
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GOOG
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A Google-backed space stock is up 600% in a year. Here's why it could go even higher.

Planet Labs' stock has surged 588% over the past year, driven by optimism over its government contracts and new satellite technology. Wedbush analyst Dan Ives raised the price target to $28, citing strong demand for its services. The company recently secured a multiyear deal with Sweden's military worth over $500 million, adding to its existing contracts with the U.S. Planet Labs aims to launch advanced satellites capable of delivering AI-analyzed images within an hour. Google, a major investor, is collaborating on Project Suncatcher to develop solar-powered satellite constellations.

Dow Jones·
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GOOG
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GOOGL
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PL
+3.94%
Dow Jones·
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GOOG
-0.92%
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GOOGL
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PL
+3.94%

Meta mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports

Meta and EssilorLuxottica are considering doubling the production of their AI-powered smart glasses to 20 million units annually by year-end, driven by strong demand. The capacity could exceed 30 million units if market conditions allow. Currently, they are nearing a target of 10 million pairs by late 2026. Meta has paused international expansion of the Ray-Ban Display glasses due to supply shortages and is cutting over 1,000 jobs in its Reality Labs division, which has incurred over $60 billion in losses since 2020.

Reuters·
US
META
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Reuters·
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META
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Apple-Google AI Pact Sidelines OpenAI, Cementing Gemini’s Ecosystem Lead

Apple has partnered with Google for a multi-year collaboration, utilizing Google's Gemini models and cloud technology to enhance Siri. This partnership is expected to improve Siri's capabilities and solidify Google's position in the AI ecosystem, pushing its market value past $4 trillion. The collaboration marks a shift in Apple's AI strategy, moving away from OpenAI, which may face challenges as Apple develops its own AI solutions. Analysts predict that Apple will launch AI-driven subscription services, potentially impacting ChatGPT's user base.

TradingKey·
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GOOGL
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AAPL
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GOOG
-0.92%
TradingKey·
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GOOGL
-0.98%
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AAPL
-0.58%
US
GOOG
-0.92%

Meta Unveils 'Meta Compute' Initiative, Pledging Massive AI Data Center Buildout And Nuclear Power Deals In Push For Superintelligence

Meta Platforms Inc. is launching a new AI infrastructure group called Meta Compute, led by Santosh Janardhan and Daniel Gross, to enhance investments in data centers and energy supplies for advanced AI. The initiative aims to build significant computing capacity, with plans to secure long-term power through nuclear energy agreements. Meta is also restructuring its workforce, cutting over 10% of its Reality Labs team to focus on AI, while increasing capital spending to over $70 billion by 2025. CEO Mark Zuckerberg emphasizes the pursuit of superintelligence capabilities.

benzinga_article·
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META
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benzinga_article·
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