Topic: economic slowdown

  • AI's Real Impact on European Jobs: The Truth

    AI's Real Impact on European Jobs: The Truth

    The impact of AI on Europe's labor market is primarily a transformation of work, redefining roles and elevating the importance of new skills, rather than causing widespread job elimination. While overall unemployment remains low, a majority of European firms are re-evaluating job roles due to AI,...

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  • Alphabet Shifts Focus to AI, Shuts Down Verily Medical Devices

    Alphabet Shifts Focus to AI, Shuts Down Verily Medical Devices

    Verily, Alphabet's life sciences division, is discontinuing its medical devices program and reducing staff to focus more on artificial intelligence and data infrastructure. This strategic pivot is part of Alphabet's broader effort to streamline operations and invest in high-growth areas, followin...

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