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Will AI replace human jobs and make universal basic income necessary? Here's what AI leaders have said about UBI.

Universal basic income provides recurring cash payments, no strings attached. Wong Yu Liang AI advances could widen wealth gaps, which has prompted calls for a universal basic income . UBI offers recu...

7hBusiness InsiderTechnology

The Supreme Court is about to weigh in on the Fed's independence in a case that goes beyond Jerome Powell

Chip Somodevilla/Getty Images; SAUL LOEB/Getty Images; Tom Williams/Getty Images; Tyler Le/BI The Supreme Court is set to hear arguments over whether Trump can fire Fed board member Lisa Cook. The ora...

8hBusiness InsiderPoliticsImpact

Fortune 100 companies are back in the office — but 'work from home dark matter' is thriving under the radar

Georg Loewen (left) and Leslie Snipes (right) Georg Loewen (left), Leslie Snipes (right) Most Fortune 100 employees are under a return-to-office mandate. However, hybrid and off-the-record remote work...

10hBusiness InsidereconomicsImpact

The world's 10 richest people in 2016 had a combined net worth of under $600 billion — less than Elon Musk is worth today

Alphabet cofounders Sergey Brin (left) and Larry Page (middle), and Amazon founder Jeff Bezos. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The world's richest people have seen their...

3dBusiness InsidereconomicsImpact

Lego and Pokémon released a $650 collab, and resellers are already vying to get a bite of the market

Lego Pokémon's Venusaur, Charizard, and Blastoise set. The Lego Group Lego released its first-ever Pokémon set this month. The presale allocation sold out quickly, and it's already a popular target fo...

8hBusiness Insiderlifestyle

'Task' versus 'purpose': Nvidia CEO Jensen Huang explains why AI won't kill jobs.

Nvidia CEO Jensen Huang Steve Marcus/REUTERS Nvidia CEO Jensen Huang noted a key difference between tasks and your job's broader purpose. AI automates tasks but preserves the purpose of many jobs in k...

3dBusiness InsiderTechnology

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

5dBusiness InsiderPoliticsImpact

There's a new way to make money from real estate — without ever buying a home

Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...

5dBusiness Insiderreal_estateImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

1dBusiness InsidereconomicsImpact

Tesla's Cybertruck is falling far short of Elon Musk's ambitious sales targets

Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...

6dBusiness Insiderautomotive

Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

5dIGNTechnologyImpact

ACA health insurance enrollment dropped by 1.4 million. See which states had the biggest swings.

Millions are at risk of losing health insurance without Affordable Care Act subsidies. The Washington Post/The Washington Post via Getty Images 1.4 million fewer Americans enrolled in ACA marketplace ...

2dBusiness InsiderHealthImpact

I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax. Sam Slater California's proposed wealth tax is sparking debate among billionaires across the stat...

4dBusiness InsiderPoliticsImpact

Bobby Kotick Claims Activision, Call of Duty, and Consoles Are Doing So Poorly It Proves He Was Right to Sell Activision Blizzard to Microsoft for $69 Billion

Former Activision boss Bobby Kotick has made a number of claims about the state of his former company, Call of Duty, and the console market as part of a response to a lawsuit. Kotick, who left Activis...

5dIGNeconomics

A Google VP explains why ads make sense in AI search but not Gemini — yet

Google VP of global ads, Dan Taylor, said the company is focused on bringing ads to AI Overviews and AI Mode. Google Ads aren't coming to the Gemini AI app anytime soon, according to Google's VP of gl...

5dBusiness InsiderTechnologyImpact

Advice from 6 quant executives on succeeding in systematic trading — and in life

Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...

7hBusiness InsidereconomicsImpact

She and 4 friends quit their jobs to make a mobile game. Now, they've raised $30 million in a Series A led by A16z.

Irem Sumer is the CEO and cofounder of Talemonster Games. Talemonster Games Talemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz. CEO Irem Sumer and her team...

4dBusiness InsiderTechnologyImpact

I quit my $390K tech job to start my own business. I still question my decision, but this is the first time in years I've woken up excited for life.

Shiyao Tang says she spent 5 months planning her exit from her $390K job. Shiyao Tang Shiyao Tang quit her $390,000 job at DoorDash to build Soir Si, a silk womenswear brand. Tang says she spent 5 mon...

1dBusiness InsiderlifestyleImpact

I founded a wellness startup after leaving McKinsey. Hustle culture is a liability, not an asset.

Cesar Carvalho worked at McKinsey from 2010 to 2012. Pascal Perich/© Pascal Perich Cesar Carvalho left a consulting job at McKinsey to launch Wellhub, a wellness startup. 14 years later, Wellhub is ch...

1dBusiness InsiderTechnologyImpact

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

5dBusiness InsidereconomicsImpact
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