McKinsey: Automation could absorb half of U.S. work hours by 2035. The bigger challenge is skills
Roughly 11 million workers may need new occupations, and many lack the skills or credentials to get there.
4 stories
Roughly 11 million workers may need new occupations, and many lack the skills or credentials to get there.
Micron Technology Inc. gave an upbeat forecast for the current quarter, fueled by the AI building frenzy, though the chipmaker warned that rising compensation would weigh on profit margins.
Shares of Accelevation Holdings Corp., a data center infrastructure company, declined 2.5% after the company and its private equity backer raised $540 million in an initial public offering priced below its marketed range.
Jim Kavanaugh, IBM’s CFO and SVP of finance and operations, says AI is shifting CFOs from “guardians of stability” to “agents of transformation.”
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