Mint Business News - Official Channel
✔
112K subscribers
11.3K photos
516 videos
7 files
21.7K links
News and analysis from the world of business and finance.

For more, visit
www.livemint.com
Download Telegram
With the emerging fear on #AI taking over jobs, #OpenAI chief executive officer #SamAltman who appeared before the US senate panel hearing said that AI would be good at tasks but not jobs.

He added that it has the potential to create many better quality jobs even if some are lost.

Read here: https://livemint.com/technology/ai-would-be-good-at-tasks-but-not-jobs-openai-ceo-sam-altman-on-ai-s-impact-on-jobs-at-senate-hearing-11684286081312.html
Former #SiliconValleyBank CEO Greg Becker, who has been heavily criticized for the bank's collapse, is facing backlash as he refuses to commit to returning any of the $10 million he received annually from the failed lender.

Read here: https://www.livemint.com/news/exceo-greg-becker-of-failed-silicon-valley-bank-defends-pay-refuses-to-return-10-million-11684291486670.html
👍1
#ElonMusk's tweets have been the centre of much attention and controversy over the years.

A tweet by Musk on taking his electric vehicle company #Tesla private even led to legal troubles for the billionaire.

Read here:https://www.livemint.com/news/world/elon-musk-says-he-will-continue-to-say-what-he-wants-if-it-means-losing-money-11684284361274.html
In #China’s opaque political system, one way to understand a new policy is to study old ideas that it repudiates.

#XiJinping power grab challenges lessons that his predecessors drew from Chairman Mao Zedong’s chaotic rule, when loyalty to the leader and ideological fervour took precedence over good government.

https://www.livemint.com/politics/what-party-control-means-in-china-11684297112858.html
In a recent interview, Microsoft CEO #SatyaNadella contradicted #ElonMusk's assertion that #Microsoft had control over OpenAI due to its significant investment.

Nadella refuted Musk's claim, emphasizing that Microsoft does not hold sway over the startup.

Read here: https://livemint.com/technology/tech-news/microsoft-ceo-nadella-refutes-elon-musks-claim-of-control-over-openai-says-small-players-can-compete-with-giants-11684304108948.html