It's not just Amazon's CEO predicting AI will lower their headcount. "Top executives at some of the largest American companies have a warning for their workers: Artificial intelligence is a threat to your job," reports the Washington Post — including IBM, Salesforce, and JPMorgan Chase.

But are they really just trying to impress their shareholders? Economists say there aren't yet strong signs that AI is driving widespread layoffs across industries.... CEOs are under pressure to show they are embracing new technology and getting results — incentivizing attention-grabbing predictions that can create additional uncertainty for workers. "It's a message to shareholders and board members as much as it is to employees," Molly Kinder, a Brookings Institution fellow who studies the impact of AI, said of the CEO announcements, noting that when one company makes a bold AI statement, others typically follow. "You're projecting that you're out in the future, that you're embracing and adopting this so much that the footprint [of your company] will look different."

Some CEOs fear they could be ousted from their job within two years if they don't deliver measurable AI-driven business gains, a Harris Poll survey conducted for software company Dataiku showed. Tech leaders have sounded some of the loudest warnings — in line with their interest in promoting AI's power...

IBM, which recently announced job cuts, said it replaced a couple hundred human resource workers with AI "agents" for repetitive tasks such as onboarding and scheduling interviews. In January, Meta CEO Mark Zuckerberg suggested on Joe Rogan's podcast that the company is building AI that might be able to do what some human workers do by the end of the year.... Marianne Lake, JPMorgan's CEO of consumer and community banking, told an investor meeting last month that AI could help the bank cut headcount in operations and account services by 10 percent. The CEO of BT Group Allison Kirkby suggested that advances in AI would mean deeper cuts at the British telecom company...

Despite corporate leaders' warnings, economists don't yet see broad signs that AI is driving humans out of work. "We have little evidence of layoffs so far," said Columbia Business School professor Laura Veldkamp, whose research explores how companies' use of AI affects the economy. "What I'd look for are new entrants with an AI-intensive business model, entering and putting the existing firms out of business." Some researchers suggest there is evidence AI is playing a role in the drop in openings for some specific jobs, like computer programming, where AI tools that generate code have become standard... It is still unclear what benefits companies are reaping from employees' use of AI, said Arvind Karunakaran, a faculty member of Stanford University's Center for Work, Technology, and Organization. "Usage does not necessarily translate into value," he said. "Is it just increasing productivity in terms of people doing the same task quicker or are people now doing more high value tasks as a result?"

Lynda Gratton, a professor at London Business School, said predictions of huge productivity gains from AI remain unproven. "Right now, the technology companies are predicting there will be a 30% productivity gain. We haven't yet experienced that, and it's not clear if that gain would come from cost reduction ... or because humans are more productive."
On an earnings call, Salesforce's chief operating and financial officer said AI agents helped them reduce hiring needs — and saved $50 million, according to the article. (And Ethan Mollick, co-director of Wharton School of Business' generative AI Labs, adds that if advanced tools like AI agents can prove their reliability and automate work — that could become a larger disruptor to jobs.) "A wave of disruption is going to happen," he's quoted as saying.

But while the debate continues about whether AI will eliminate or create jobs, Mollick still hedges that "the truth is probably somewhere in between."

An anonymous reader quotes a report from Reuters: SoftBank Group founder Masayoshi Son is envisaging setting up a $1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg News reported on Friday, citing people familiar with the matter. Son is seeking to team up with Taiwan Semiconductor Manufacturing Co for the project, which is aimed at bringing back high-end tech manufacturing to the U.S. and to create a version of China's vast manufacturing hub of Shenzhen, the report said.

SoftBank officials have spoken with U.S. federal and state government officials to discuss possible tax breaks for companies building factories or otherwise investing in the industrial park, including talks with U.S. Secretary of Commerce Howard Lutnick, the report said. SoftBank is keen to have TSMC involved in the project, codenamed Project Crystal Land, but it is not clear in what capacity, the report said. It is also not clear the Taiwanese company would be interested, it said. TSMC is already building chipmaking factories in the U.S. with a planned investment of $165 billion. Son is also sounding out interest among tech companies including Samsung Electronics, the report said.

The plans are preliminary and feasibility depends on support from the Trump administration and state officials, it said. A commitment of $1 trillion would be double that of the $500 billion "Stargate" project which seeks to build out data centre capacity across the U.S., with funding from SoftBank, OpenAI and Oracle.

The superyacht Bayesian, owned by UK tech tycoon Mike Lynch, has been recovered off the coast of Sicily nearly a year after it sank during a storm, killing Lynch, his daughter, and five others. Italian authorities hope the $30 million salvage will uncover the cause of the sinking, which is under investigation for suspected manslaughter amid concerns about design flaws and storm vulnerability. The Guardian reports: The white top and blue hull of the 56-meter (184ft) vessel emerged from the depths of the sea in a holding area of a yellow floating crane barge, as salvage crews readied it to be hauled ashore for further investigation. The Italian coastguard said the recovery was scheduled to begin on Saturday morning. A spokesperson for TMC Maritime, which is conducting the recovery operation, said the vessel had been slowly raised from the seabed, 50 meters (165ft) down, over the past three days to allow the steel lifting straps, slings and harnesses to be secured under the keel.

The operation -- which has cost approximately $30 million -- was made easier after the vessel's 72-meter mast was detached using a remote-controlled cutting tool and placed on the seabed on Tuesday. The vessel will be transported to the port of Termini Imerese, where investigators are expected to examine it as part of an inquiry into the cause of the sinking. [...] The salvage operation was very complex, and was temporarily suspended in mid-May after Rob Cornelis Maria Huijben, a 39-year-old Dutch diver, died during underwater work. The British-based consultancy TMC Marine, which oversaw a consortium of salvage specialists undertaking the project, said the hull would be lifted on to a specially manufactured steel cradle on the quayside once it had been transported to Termini Imerese. Investigators hope the yacht will yield vital clues to the causes of the sinking. A forensic examination of the hull will seek to determine whether one of the hatches remained open and whether the keel was improperly raised.

Ancient Slashdot reader Alain Williams shares a report from The Guardian: The BBC is threatening legal action against Perplexity AI, in the corporation's first move to protect its content from being scraped without permission to build artificial intelligence technology. The corporation has sent a letter to Aravind Srinivas, the chief executive of the San Francisco-based startup, saying it has gathered evidence that Perplexity's model was "trained using BBC content." The letter, first reported by the Financial Times, threatens an injunction against Perplexity unless it stops scraping all BBC content to train its AI models, and deletes any copies of the broadcaster's material it holds unless it provides "a proposal for financial compensation."

The legal threat comes weeks after Tim Davie, the director general of the BBC, and the boss of Sky both criticised proposals being considered by the government that could let tech companies use copyright-protected work without permission. "If we currently drift in the way we are doing now we will be in crisis," Davie said, speaking at the Enders conference. "We need to make quick decisions now around areas like ... protection of IP. We need to protect our national intellectual property, that is where the value is. What do I need? IP protection; come on, let's get on with it." "Perplexity's tool [which allows users to choose between different AI models] directly competes with the BBC's own services, circumventing the need for users to access those services," the corporation said.

Perplexity told the FT that the BBC's claims were "manipulative and opportunistic" and that it had a "fundamental misunderstanding of technology, the internet and intellectual property law."

According to Bloomberg (paywalled), Meta reportedly explored acquiring Perplexity AI but the deal fell through, with conflicting accounts on whether it was mutual or Perplexity backed out. Instead, Meta invested $14.3 billion in Scale AI, taking a 49% stake as part of its broader push to catch up with OpenAI and Google in the AI race.

"Meta's attempt to purchase Perplexity serves as the latest example of Mark Zuckerberg's aggressive push to bolster his company's AI efforts amid fierce competition from OpenAI and Google parent Alphabet," reports CNBC. "Zuckerberg has grown agitated that rivals like OpenAI appear to be ahead in both underlying AI models and consumer-facing apps, and he is going to extreme lengths to hire top AI talent."

The company behind Applebee's and IHOP plans to use AI in its restaurants and behind the scenes to streamline operations and encourage repeat customers. From a report: Dine Brands is adding AI-infused tech support for all of its franchisees, as well as an AI-powered "personalization engine" that helps restaurants offer customized deals to diners, said Chief Information Officer Justin Skelton. The Pasadena, Calif.-based company, which also owns Fuzzy's Taco Shop and has over 3,500 restaurants across its brands, is taking a "practical" approach to AI by focusing on areas that can drive sales, Skelton said.

Streamlining tech support for Dine Brands' more than 300 franchisees is important because issues like a broken printer take valuable time away from actually managing restaurants, Skelton said. Dine Brands' AI tool, which was built with Amazon's Q generative AI assistant, allows the company's field technology services staff to query its knowledge base for tech help using plain English, rather than needing to manually search for answers.

Australia's world-first social media ban for under-16s moved closer to implementation after a key trial found that checking a user's age is technologically possible and can be integrated into existing services. From a report: The conclusions are a blow to Facebook-owner Meta Platforms, TikTok and Snap, which opposed the controversial legislation. Some platform operators had questioned whether a user's age could be reliably established using current technology.

The results of the government-backed trial clear the way for the law to come into force by the end of the year. The findings also potentially allow other jurisdictions to follow Australia's lead as countries around the world grapple with ways to protect children from harmful content online. "Age assurance can be done in Australia and can be private, robust and effective," the government-commissioned Age Assurance Technology Trial said in a statement Friday announcing its preliminary findings.

Longtime Slashdot reader fahrbot-bot shares a report from the Cool Down: A team of chemical engineers at the Massachusetts Institute of Technology has invented a new process to separate crude oil components, potentially bringing forward a replacement that can cut its harmful carbon pollution by 90%. The original technique, which uses heat to separate crude oil into gasoline, diesel, and heating oil, accounts for roughly 1% of all global energy consumption and 6% of dirty energy pollution from the carbon dioxide it releases.

"Instead of boiling mixtures to purify them, why not separate components based on shape and size?" said Zachary P. Smith, associate professor of chemical engineering at MIT and senior author of the study, as previously reported in Interesting Engineering. The team invented a polymer membrane that divides crude oil into its various uses like a sieve. The new process follows a similar strategy used by the water industry for desalination, which uses reverse osmosis membranes and has been around since the 1970s. [The membrane excelled in lab tests. It increased the toluene concentration by 20 times in a mixture with triisopropylbenzene. It also effectively separated real industrial oil samples containing naphtha, kerosene, and diesel.]

Hackers have stolen hundreds of millions of dollars from cryptocurrency holders and disrupted major retailers by targeting outsourced call centers used by American corporations to reduce costs, WSJ reported Thursday. The attackers exploit low-paid call center workers through bribes and social engineering to bypass two-factor authentication systems protecting bank accounts and online portals.

Coinbase faces potential losses of $400 million after hackers compromised data belonging to 97,000 customers by bribing call center workers in India with payments of $2,500. The criminals also used malicious tools that exploited vulnerabilities in Chrome browser extensions to collect customer data in bulk.

TaskUs, which handled Coinbase support calls, shut down operations at its Indore, India facility and laid off 226 workers. Retail attacks targeted Marks & Spencer and Harrods with hackers impersonating corporate executives to pressure tech support workers into providing network access. The same technique compromised MGM Resorts systems in 2023. Call center employees typically possess sensitive customer information including account balances and recent transactions that criminals use to masquerade as legitimate company representatives.

Google is using its expansive library of YouTube videos to train its AI models, including Gemini and the Veo 3 video and audio generator, CNBC reported Thursday. From the report: The tech company is turning to its catalog of 20 billion YouTube videos to train these new-age AI tools, according to a person who was not authorized to speak publicly about the matter. Google confirmed to CNBC that it relies on its vault of YouTube videos to train its AI models, but the company said it only uses a subset of its videos for the training and that it honors specific agreements with creators and media companies.

[...] YouTube didn't say how many of the 20 billion videos on its platform or which ones are used for AI training. But given the platform's scale, training on just 1% of the catalog would amount to 2.3 billion minutes of content, which experts say is more than 40 times the training data used by competing AI models.

Margaret Mitchell, chief ethics scientist at Hugging Face and founder of Google's responsible AI team, has dismissed artificial general intelligence as "just vibes and snake oil." Mitchell, who was ousted from Google in 2021, has co-written a paper arguing that AGI should not serve as a guiding principle for the AI industry.

Mitchell contends that both "intelligence" and "general" lack clear definitions in AI contexts, creating what she calls an "illusion of consensus" that allows technologists to pursue any development path under the guise of progress toward AGI. "But as for now, it's just like vibes, vibes and snake oil, which can get you so far. The placebo effect works relatively well," she told FT in an interview. She warns that current AI advancement is creating a "massive rift" between those profiting from the technology and workers losing income as their creative output gets incorporated into AI training data.

Iranian state television has instructed residents to delete WhatsApp from their smartphones, claiming the messaging platform gathers user information to share with Israel.

The local media provided no evidence supporting these allegations but additionally encouraged residents to avoid other "location-based" apps. WhatsApp has disputed the claims, with a spokesperson telling Time magazine the Meta-owned platform uses end-to-end encryption and does not track precise locations, keep messaging logs, or provide bulk information to governments.

The episode comes at a time when Iran is simultaneously experiencing a "near-total national Internet blackout," according to NetBlock, an internet governance monitoring organization. The disruption follows earlier partial outages amid escalating military tensions with Israel after days of missile strikes between the countries.

Further reading, from earlier this week: Iran Bans Officials From Using Internet-Connected Devices.

The U.S. Army Reserve has directly commissioned four top Silicon Valley executives as lieutenant colonels under a new initiative, Detachment 201, aimed at accelerating tech integration into military operations. While these part-time roles are intended to bring private-sector innovation to defense modernization, the move is pretty unusual. Gizmodo reports: The Army said in a press release that the four executives are Shyam Sankar, CTO at Palantir; Andrew Bosworth, CTO at Meta; Kevin Weil, Chief Product Officer of OpenAI; and Bob McGrew, an advisor at Thinking Machines Lab and former Chief Research Officer for OpenAI. The four men are being commissioned at the high rank of lieutenant colonel as part of a program called Detachment 201: The Army's Executive Innovation Corps. As Task & Purpose notes, the men will get to skip the usual process of taking a Direct Commissioning Course at Fort Benning, Georgia, and they won't need to complete the Army Fitness Test.

The Army didn't respond to questions emailed Tuesday but said in a statement published on its website that, "Their swearing-in is just the start of a bigger mission to inspire more tech pros to serve without leaving their careers, showing the next generation how to make a difference in uniform." Their role in the Army Reserve is to "work on targeted projects to help guide rapid and scalable tech solutions to complex problems," as the Army puts it. The new reservists will serve for about 120 hours a year, according to the Wall Street Journal, and will have a lot of flexibility to work remotely. They'll work on helping the Army acquire more commercial tech, though it's not clear how conflict-of-interest issues will be enforced, given the fact that the people all work for companies that would conceivably be selling their wares to the military. In theory, they won't be sharing information with their companies or "participating in projects that could provide them or their companies with financial gain," according to the Journal.

Silicon Valley has always benefited greatly from ties to the U.S. military. Silicon Valley companies were bringing in $5 billion annually from defense contracts during the Reagan administration, something that the average person may not remember about the 1980s. But it's always been an uneasy alliance for consumer-facing tech companies, especially over recent decades. That's all changing, according to many folks who align more with President Donald Trump, who was once considered a shameful person to represent in polite company. As Andrew Bosworth, the CTO at Meta, who is joining the Army Reserves, told the Wall Street Journal, "There's a lot of patriotism that has been under the covers that I think is coming to light in the Valley."

An anonymous reader quotes a report from Ars Technica: Tech support scammers have devised a method to inject their fake phone numbers into webpages when a target's web browser visits official sites for Apple, PayPal, Netflix, and other companies. The ruse, outlined in a post on Wednesday from security firm Malwarebytes, threatens to trick users into calling the malicious numbers even when they think they're taking measures to prevent falling for such scams. One of the more common pieces of security advice is to carefully scrutinize the address bar of a browser to ensure it's pointing to an organization's official website. The ongoing scam is able to bypass such checks.

The unknown actors behind the scam begin by buying Google ads that appear at the top of search results for Microsoft, Apple, HP, PayPal, Netflix, and other sites. While Google displays only the scheme and host name of the site the ad links to (for instance, https://www.microsoft.com/ the ad appends parameters to the path to the right of that address. When a target clicks on the ad, it opens a page on the official site. The appended parameters then inject fake phone numbers into the page the target sees.

Google requires ads to display the official domain they link to, but the company allows parameters to be added to the right of it that aren't visible. The scammers are taking advantage of this by adding strings to the right of the hostname. The parameters aren't displayed in the Google ad, so a target has no obvious reason to suspect anything is amiss. When clicked on, the ad leads to the correct hostname. The appended parameters, however, inject a fake phone number into the webpage the target sees. The technique works on most browsers and against most websites. Malwarebytes.com was among the sites affected until recently, when the site began filtering out the malicious parameters.

Facebook now supports passkeys for login, offering users a more secure, phishing-resistant alternative to passwords by using biometrics or a PIN stored on their device. The feature is rolling out to iOS and Android "soon," while Messenger will get the feature "in the coming months." Lifehacker reports: Meta seems pretty excited about the news -- and not just because the company happens to be a member of the FIDO Alliance, the organization that developed passkeys. Aside from logging into your Facebook account, Meta says you'll be able to use passkeys to autofill your payment info when buying things with Meta Pay. You'll also be able to use the same passkey between both Facebook and Messenger, and your passkey will act as a key to lock out your encrypted Messenger chats.

An anonymous reader quotes a report from Ars Technica: YouTube CEO Neal Mohan has announced that the Google Veo 3 AI video generator will be integrated with YouTube Shorts later this summer. According to Mohan, YouTube Shorts has seen a rise in popularity even compared to YouTube as a whole. The streaming platform is now the most watched source of video in the world, but Shorts specifically have seen a massive 186 percent increase in viewership over the past year. Mohan says Shorts now average 200 billion daily views.

YouTube has already equipped creators with a few AI tools, including Dream Screen, which can produce AI video backgrounds with a text prompt. Veo 3 support will be a significant upgrade, though. At the Cannes festival, Mohan revealed that the streaming site will begin offering integration with Google's leading video model later this summer. "I believe these tools will open new creative lanes for everyone to explore," said Mohan. [...]

While you can add Veo 3 videos (or any video) to a YouTube Short right now, they don't fit with the format's portrait orientation focus. Veo 3 outputs 720p landscape videos, meaning you'd have black bars in a Short. Presumably, Google will create a custom version of the model for YouTube to spit out vertical video clips. Mohan didn't mention a pricing model, but Veo 3 probably won't be cheap for Shorts creators. Currently, you must pay for Google's $250 AI Ultra plan to access Veo 3, and that still limits you to 125 8-second videos per month.

Investigators believe Air India Flight 171 had an emergency-power generator operating when it crashed last week, raising questions about whether the plane's engines functioned properly during takeoff. WSJ: The preliminary finding [non-paywalled source], according to people familiar with the probe, gives investigators a new line of inquiry as they study a crash that killed all but one of the plane's passengers. In all, at least 270 people died following the crash, including some on the ground in the western Indian city of Ahmedabad.

The emergency system is known as a ram air turbine. It is a small propeller that drops from the bottom of the 787 Dreamliner's fuselage to serve as a backup generator. Engines normally produce electricity for an aircraft and help run its flight-control systems. The power generated by the RAT can enable crucial aircraft components to function. The system can deploy automatically in flight if both engines have failed or if all three hydraulic system pressures are low, according to an airline's Boeing 787 manual reviewed by The Wall Street Journal.

It can also deploy if cockpit instruments lose power or problems emerge with the aircraft's electric motor pumps. Pilots can manually deploy the RAT if needed. The most common occurrence is when a pilot thinks that both engines failed, according to Anthony Brickhouse, a U.S.-based aerospace safety consultant. Engine failures can result from a variety of causes, including bird strikes or problems with fuel.

OpenAI CEO Sam Altman accused Meta of attempting to poach his developers with $100 million sign-on bonuses and higher compensation packages as the social media giant races to catch up in AI race. Altman said Meta, which has a $1.8 trillion market capitalization, began making the offers to his team members after falling behind in AI efforts. "I've heard that Meta thinks of us as their biggest competitor," Altman said on the Uncapped podcast [video] hosted by his brother.

None of his "best people" had accepted Zuckerberg's offers, he said. Meta has been recruiting top researchers and engineers from rival companies to build a new "superintelligence" team focused on developing AGI. The Facebook parent company has struggled this year to match competitors, facing criticism over its Llama 4 language model and delaying its flagship "Behemoth" AI model.

An anonymous reader shares a report: [...] the rise in China of open technology, which relies on transparency and decentralisation, is awkward for an authoritarian state. If the party's patience with open-source fades, and it decides to exert control, that could hinder both the course of innovation at home, and developers' ability to export their technology abroad.

China's open-source movement first gained traction in the mid-2010s. Richard Lin, co-founder of Kaiyuanshe, a local open-source advocacy group, recalls that most of the early adopters were developers who simply wanted free software. That changed when they realised that contributing to open-source projects could improve their job prospects. Big firms soon followed, with companies like Huawei backing open-source work to attract talent and cut costs by sharing technology.

Momentum gathered in 2019 when Huawei was, in effect, barred by America from using Android. That gave new urgency to efforts to cut reliance on Western technology. Open-source offered a faster way for Chinese tech firms to take existing code and build their own programs with help from the country's vast community of developers. In 2020 Huawei launched OpenHarmony, a family of open-source operating systems for smartphones and other devices. It also joined others, including Alibaba, Baidu and Tencent, to establish the OpenAtom Foundation, a body dedicated to open-source development. China quickly became not just a big contributor to open-source programs, but also an early adopter of software. JD.com, an e-commerce firm, was among the first to deploy Kubernetes.

AI has lately given China's open-source movement a further boost. Chinese companies, and the government, see open models as the quickest way to narrow the gap with America. DeepSeek's models have generated the most interest, but Qwen, developed by Alibaba, is also highly rated, and Baidu has said it will soon open up the model behind its Ernie chatbot.

An anonymous reader quotes a report from Ars Technica: OpenAI executives have discussed filing an antitrust complaint with US regulators against Microsoft, the company's largest investor, The Wall Street Journal reported Monday, marking a dramatic escalation in tensions between the two long-term AI partners. OpenAI, which develops ChatGPT, has reportedly considered seeking a federal regulatory review of the terms of its contract with Microsoft for potential antitrust law violations, according to people familiar with the matter. The potential antitrust complaint would likely argue that Microsoft is using its dominant position in cloud services and contractual leverage to suppress competition, according to insiders who described it as a "nuclear option," the WSJ reports.

The move could unravel one of the most important business partnerships in the AI industry -- a relationship that started with a $1 billion investment by Microsoft in 2019 and has grown to include billions more in funding, along with Microsoft's exclusive rights to host OpenAI models on its Azure cloud platform. The friction centers on OpenAI's efforts to transition from its current nonprofit structure into a public benefit corporation, a conversion that needs Microsoft's approval to complete. The two companies have not been able to agree on details after months of negotiations, sources told Reuters. OpenAI's existing for-profit arm would become a Delaware-based public benefit corporation under the proposed restructuring.

The companies are discussing revising the terms of Microsoft's investment, including the future equity stake it will hold in OpenAI. According to The Information, OpenAI wants Microsoft to hold a 33 percent stake in a restructured unit in exchange for foregoing rights to future profits. The AI company also wants to modify existing clauses that give Microsoft exclusive rights to host OpenAI models in its cloud. The restructuring debate attracted criticism from multiple quarters. Elon Musk alleges that OpenAI violated contract provisions by prioritizing profit over the public good in its push to advance AI and has sued to block the conversion. In December, Meta Platforms also asked California's attorney general to block OpenAI's conversion to a for-profit company.