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Shocking Tactics: Google Allegedly Pays AI Staff Millions to Do Nothing Amid AI Talent War
Shocking Tactics: Google Allegedly Pays AI Staff Millions to Do Nothing Amid AI Talent War
In the fast-paced world of artificial intelligence, where innovation is currency and talent is king, a shocking revelation has emerged from the heart of Silicon Valley. Tech giant Google, a name synonymous with AI advancement, is allegedly employing an unusual tactic to retain its top Google AI staff. Instead of fostering a stimulating environment, reports suggest Google is paying some of its prized AI researchers to do absolutely nothing for up to a year, all in the name of preventing them from joining rival companies. Is this a desperate move in the escalating AI talent war, or a questionable strategy that could backfire? The Alleged Google Tactic: Paid Inactivity for AI Staff According to a Business Insider report, Google's AI division, DeepMind, based in London, is resorting to what are described as “aggressive” non-compete agreements. These agreements are not just standard clauses; they reportedly bar some Google AI staff from…
·bitcoinworld.co.in·
Shocking Tactics: Google Allegedly Pays AI Staff Millions to Do Nothing Amid AI Talent War
Uber and DoorDash want tax-free tips for drivers
Uber and DoorDash want tax-free tips for drivers
The drivers are most frequently classified as independent contractors, which means they wouldn’t be eligible for the tax break under the bill as drafted.
·morningbrew.com·
Uber and DoorDash want tax-free tips for drivers
The job-hopping pay bump is gone
The job-hopping pay bump is gone
Government data shows switching jobs these days leads to a barely noticeable raise.
·morningbrew.com·
The job-hopping pay bump is gone
Bangladesh court scraps most job quotas that sparked deadly protests
Bangladesh court scraps most job quotas that sparked deadly protests
Streets near the Supreme Court were quiet after the decision and army teams were deployed throughout Dhaka. A military tank was stationed outside the Supreme Court gate, television footage showed.
·reuters.com·
Bangladesh court scraps most job quotas that sparked deadly protests
Social-Media Influencers Aren’t Getting Rich—They’re Barely Getting By
Social-Media Influencers Aren’t Getting Rich—They’re Barely Getting By
Earning a decent, reliable income as a social-media creator is getting harder, as platforms pay less for popular posts and brands get pickier about sponsorship deals. A possible TikTok ban is adding to anxiety over job stability.
·wsj.com·
Social-Media Influencers Aren’t Getting Rich—They’re Barely Getting By
CEOs made nearly 200 times what their workers got paid last year
CEOs made nearly 200 times what their workers got paid last year
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.
·apnews.com·
CEOs made nearly 200 times what their workers got paid last year
SCE Labor Market Survey
SCE Labor Market Survey
Provides information on consumers’ experiences and expectations regarding the labor market
·newyorkfed.org·
SCE Labor Market Survey
Most work is new work, long-term study of U.S. census data shows
Most work is new work, long-term study of U.S. census data shows
Most U.S. workers are in occupations that have only emerged widely since 1940, according to a large-scale study of 80 years of U.S. census data, led by MIT economist David Autor.
·news.mit.edu·
Most work is new work, long-term study of U.S. census data shows
Don’t Tell America the Babysitter’s Dead
Don’t Tell America the Babysitter’s Dead
For decades, sitting was both a job and a rite of passage. Now it feels more like a symbol of a bygone American era.
·theatlantic.com·
Don’t Tell America the Babysitter’s Dead
Workers’ Paychecks Are Growing More Quickly Than Prices
Workers’ Paychecks Are Growing More Quickly Than Prices
Most workers’ wages are growing more quickly than prices, and the economic recovery following the COVID-19 recession has featured historically strong real wage growth.
·americanprogress.org·
Workers’ Paychecks Are Growing More Quickly Than Prices