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AI won’t lead to mass job losses
Andrew Bailey, Governor of the Bank of England, has rebutted fears that AI will lead to widespread unemployment. “I’m an economic historian, before I became a central banker. Economies adapt, jobs adapt, and we learn to work with it. And I think, you get a better result by people with machines than with machines on…
Spotify’s CFO is out days after mass layoffs
Of all the layoffs happening at Spotify this week, this has to be the biggest. Chief financial officer Paul Vogel, who since 2020 has managed the company’s balance sheet as it expanded into podcasting and audiobooks, is leaving the company at the end of March 2024. Spotify CEO Daniel Ek said the decision was made…