AI can already do the work of 12% of America’s workforce, MIT researchers find

Artificial intelligence can do the work currently performed by nearly 12% of America’s workforce, according to a recent study from the Massachusetts Institute of Technology.  The researchers, relying on a metric called the “Iceberg Index” that measures a job’s potential to be automated, conclude that AI already has the cognitive and technical capacity to handle a…

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Nvidia reports strong quarterly earnings, topping Wall Street forecasts

Nvidia’s third-quarter financial results on Wednesday surpassed analyst expectations, signaling that demand for its artificial intelligence chips remains robust amid investor concerns about an AI bubble.  The chipmaker reported earnings of $31.9 billion on record revenue of $57 billion for the third quarter. Revenue for the period surged 22% from the previous quarter and 62%…

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Amazon Prime refunds are going out after $2.5 billion settlement. Here’s when your refund could arrive.

Amazon has started issuing payments to eligible Prime members as part of a $2.5 billion settlement over federal allegations that it misled customers. The online retailer agreed to the payouts in September to resolve a 2023 Federal Trade Commission lawsuit that accused Amazon of misleading customers into enrolling in Prime and making it hard for them to cancel…

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