One of the largest guaranteed income programs in the US is preparing to hand out more cash. The Denver Basic Income Project (DBIP) is extending its $1.8 million pilot program for another six months to give as much as $1,000 to 660 participants selected for the expansion, reports the Colorado Newsline. The program initially picked […]
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A new guaranteed basic income pilot is reportedly gearing up for launch, preparing to hand cash to hundreds of families living below the poverty line. The program aims to distribute monthly $500 checks for a year to 140 families in Evanston, Illinois, reports the local news outlet Evanston RoundTable. Applicants must have children 5 years […]
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A US state is advancing a bill that would allocate $200,000,000 to give to residents with no strings attached. Representative Athena Hollins co-authored bill HF 2666, which seeks to create a guaranteed income program in Minnesota. The bill has already advanced through a House committee, reports Minnesota Public Radio. If the bill passes, $100 million […]
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A big city on the west coast just approved a pilot program that will give hundreds of dollars a month to a group of residents with no strings attached. The guaranteed income pilot will distribute $725 per month to about 200 families in Sacramento, California for a year. The program, called Family First Sacramento, has […]
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A California city with 76,000 residents is preparing to hand $3.6 million out to people with no strings attached in a new basic income pilot. The signup process is now underway in Alameda, where 150 people will receive $1,000 per month for two years. The program, called Rise Up Alameda, is designed to test whether […]
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A study from the United Nations agency International Labour Organization suggests AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others.
Generative AI is more likely to complement existing jobs than take over them entirely, though certain roles such as clerical work — could see more of their tasks automated than others.
According to an Aug. 21 Generative AI and Jobs study by the International Labour Organization (ILO) — a United Nations agency — 24% of clerical tasks are considered highly exposed to automation, with an additional 58% with medium-level exposure.
Typists, travel consultants, bank tellers, contact center clerks, bookkeeping and data entry clerks, hotel receptionists and secretaries are the administration roles most at risk, the figures show.
This, according to the ILO, could suggest that women could be more at risk, given their higher representation in administrative roles.
"3.7 per cent of all female employment in the world is in jobs that are potentially automatable with generative AI technology, compared with only 1.4 per cent of male employment."
Meanwhile, AI automated work is more likely to impact employees in high-income countries (5.5%) compared to low-income countries (0.4%), the report found:
The ILO’s study on generative AI mostly focused on the impact of chatbot applications, such as OpenAI’s ChatGPT and Google’s Bard.
The ILO report also shows customer service and coordination-related tasks as having high automation potential, along with data management and record keeping, information processing and language services, tasks related to responding to inquiries.
Many customer service roles were lost in the most recent crypto winter of 2022, which saw some of the industry’s heavyweights in Binance, Coinbase and Kraken significantly reduce headcounts, including customer service.
Currently, customer service roles in Web3 comprise 832 (2.5%) of the total 33,846 listings on cryptocurrency job board Web3.career.
Related: Dear crypto writers: No one wants to read your ChatGPT-generated trash
However, the ILO concluded that the workforce as a whole won't be too affected by AI and that AI’s overall impact were neither particularly positive nor negative for now — rather, its impact will depend on how GPTs are managed and regulated.
"Without proper policies in place, there is a risk that only some of the well-positioned countries and market participants will be able to harness the benefits of the transition, while the costs to affected workers could be brutal," it wrote.
ILO’s findings are more optimistic than that of everyday Americans, with a recent survey revealing that 62% of the U.S. population believe AI will have a major impact in the workplace over the next two decades, leaving many Americans “wary” and “worried” about what their future holds.
Magazine: AI Eye: AI’s trained on AI content go MAD, is Threads a loss leader for AI data?
A total of 24 states across the US are testing the benefits of offering basic income with no strings attached to people and families in need. And more than $200 million has now been reportedly allocated for various pilot programs across the country. The state with the most basic income trials, reports Mashable, is California, […]
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A US-based project aimed at identifying how free government cash handouts can help citizens has officially launched. The Denver Basic Income Project is handing out a total of $1.8 million to hundreds of people who are struggling with their finances. More than 800 people in three separate groups will receive cash as part of the […]
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Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause. ECB Registers Heightened Consumer Expectations About Inflation […]
The latest user-centric revamp is targeted at improving follower engagement and creating new revenue streams on the social media platform.
Adding to the growing list of radical implementations to improve Twitter’s bottom line and promote citizen journalism, Tesla CEO Elon Musk announced that creators on the social media platform can now monetize their content.
Ever since Musk’s takeover of Twitter, the company has taken several drastic measures to turn itself into a profitable business, which include mass layoffs and introducing Twitter Blue subscriptions. While many previously-verified individuals retaliated the ask for a monthly fee to get a ‘Blue checkmark’ on Twitter, Musk saw it as a much-needed revenue stream for the company.
The latest user-centric revamp — which allows users to monetize all forms of posts on Twitter globally — is targeted at improving follower engagement and creating new revenue streams on the social media platform.
Content creators can now enable subscriptions to their text, pics & video worldwide on this platform! https://t.co/XzrFMLPytB
— Elon Musk (@elonmusk) April 28, 2023
The ‘Subscriptions’ feature allows Twitter users to charge followers a monthly price “from one of the price points made available by Twitter.” Once, paid, the subscribers get access to the creator’s exclusive content, unviewable in public.
Twitter will allow creators to keep up to 97% of the revenue until $50,000 in lifetime earnings, following which the revenue split will be dropped to 80% for the creators. The social media has partnered with payments processor Stripe to payout the creators on Twitter.
However, the revenue share will begin only after the users earn the minimum threshold of $50. The subscription services are non-refundable even if a creator’s Twitter account gets suspended for any reason. In such scenarios, users are required to manually unsubscribe to avoid auto-monthly payments to inactive Twitter accounts.
Members of Crypto Twitter, who have garnered credibility and a massive following on Twitter owing to years of posting, welcome the introduction of content creator subscriptions with arms wide open.
Related: Elon Musk to launch truth-seeking artificial intelligence platform TruthGPT
Musk’s ongoing initiatives to redesign Twitter will also see the use of artificial intelligence (AI) to detect and deter misinformation on the social media platform.
In the months ahead, we will use AI to detect & highlight manipulation of public opinion on this platform.
— Elon Musk (@elonmusk) March 18, 2023
Let’s see what the psy ops cat drags in …
Musk reportedly purchased nearly 10,000 graphics processing units (GPUs) to build the upcoming AI tools despite warning the world against AI development due to societal concerns.
