Finance
The CEO of a $55 billion conglomerate explains why the Japanese concept of ‘kosoryoku’ is so important in the AI age
A little-known Japanese term about imagining the future helps explain both the role — and the limits — of AI in the workplace, according to the CEO of one of the country’s largest conglomerates. Speaking to Business Insider in early September, Shingo Ueno, the head of Sumitomo Corporation, a…
I spent 2 nights at an all-inclusive resort. My biggest regret was going alone.
When my arrow went straight into the woods while trying archery for the first time, it should have been hilarious. If I’d had family or friends around, they would have teased me for ages and probably come up with some funny nickname, like Joey “The Arm” Hadden. But as a lone wolf surrounded by…
McDonald’s is spending $8.5 billion on restaurant refreshes and bringing diners back
McDonald’s is spending big to bring customers back to its restaurants. The fast-food chain plans to devote $8.5 billion over the next 10 years to improvements to its restaurants, it said on Wednesday. The plan, called McDonald’s Next, includes adding more technology to stores, new training for…
Citi is jumping into the ad business and entering a fast-growing and competitive market
Citi is the latest company outside Madison Avenue to launch an advertising business. The bank exclusively told CMO Insider that it’s creating a new unit called Citi Commerce Media, which will let brands advertise to its more than 70 million customers based on their spending. Citi will target ads to…
OpenAI is enlisting an influencer army to make it look ‘good for the world’
AI’s reputation is in hot water. Can influencers save it? OpenAI has been ramping up its creator marketing efforts as AI safety concerns take center stage. The company isn’t asking influencers to assuage fears that a rogue AI could destroy humanity. Instead, it’s prompting them to showcase why…
Meet the top Anthropic scientist who predicted the core of today’s AI doom debate
At the center of the debate over AI-driven catastrophe, there’s Anthropic. At the center of Anthropic, there’s Jared Kaplan. The Anthropic cofounder sounded the alarm on AI late last year: No one knows what will happen if frontier developers get AI to the point where it fully trains itself. He told…
Amazon is trying to rehire workers it laid off, emails show
Amazon wants former employees back, including some it laid off. The company is reaching out to eligible former employees about open roles across Amazon, including in its cloud-computing and AI businesses, according to recruiter emails obtained by Business Insider and a company spokesperson. In one…
Ukrainian commander says flying drones have disabled 300 tankers in Russia’s shadow fleet
A top Ukrainian drone commander said on Tuesday that his forces have used uncrewed aerial vehicles to knock out 300 ships in Russia’s “shadow fleet” over 11 weeks. Maj. Robert “Magyar” Brovdi, commander of Ukraine’s Unmanned Systems Forces, said as drone crews reached this tally after they attacked…
The tech world is selling you an AI apocalypse or an AI assistant. Just don’t forget it’s selling you something.
AI might kill me, but first it’s going to get me a hell of a deal on a new insurance policy. That’s been the vibe in the tech world over the past few weeks. Two very different opinions about the future of AI. In one corner are the doomers. Earlier this month, an Anthropic researcher’s
MrBeast is laying the groundwork for wearables under the ‘Beast Band’ name
MrBeast may be looking to take his brand further into the offline world. The YouTuber Jimmy Donaldson’s company, Beast Holdings, filed a trademark application Monday for Beast Band, paving the way for branching into wearable fitness products. It identified Beast Band as “Bands for wearable activity…