Recently, global talent recruitment and provider company Magnit launched an AI assistant named 'Maggi', designed to help hiring managers find suitable talent more easily and quickly. Maggi is part of Magnit's newly integrated workforce management platform, and Magnit hopes to change the traditional methods of recruitment through this innovative tool. Vidhya Srinivasan, Magnit's Chief Product and Marketing Officer, stated that Maggi employs

Global consulting giant Accenture announced in its Q3 earnings report for fiscal year 2024 that the company has surpassed $900 million in new bookings in the generative artificial intelligence (AI) sector, bringing the total bookings for the fiscal year to $2 billion.

10% of American workers face high occupational risks from AI, with 20% of workers in jobs that are highly exposed to AI. The report highlights that artificial intelligence could significantly change the way work is done without completely eliminating jobs.

The UK government has invested nearly £90 million to establish 9 new artificial intelligence research centers. These centers will support AI expertise in areas such as healthcare, chemistry, and mathematics. The government plans to allocate £2 million to define responsible AI in fields like education, law enforcement, and the creative industries. An additional £10 million will be used to enhance the skills of regulatory bodies to address the challenges of AI governance.

Generative artificial intelligence (gen AI) is expected to impact 90% of jobs in the United States, with the deployment of gen AI likely leading to significant changes in half of the jobs, affecting around 9% of workers. The widespread adoption of gen AI will impact not only manual and routine knowledge work but also higher-level knowledge work. Cognizant emphasizes the importance of strategic retraining and has launched the Synapse program aimed at redefining technology education and workforce development.

Stack Overflow has laid off 28% of its workforce due to competition from generative AI like ChatGPT. The company plans to launch initiatives such as Overflow AI to combat ChatGPT. ChatGPT has sourced a lot of information from sites similar to Stack Overflow without contributing back. OpenAI is researching methods for web crawlers that allow websites to opt-out of data scraping.

Walmart is using AI tools to improve store efficiency and productivity but states that this will not lead to layoffs. Walmart plans to continue hiring the same number or more employees as it rolls out additional AI technologies. The company has provided generative AI tools to 50,000 corporate employees and has launched a new AI assistant. In the customer service department, Walmart has integrated AI into chatbots and shopping features. Walmart employees can use an AI voice assistant to help them find products.