Business: Meta/Facebook pretty much ends remote work
After Meta mass layoffs, an official pause on remote work hiring (sfgate.com)
Automation: Most fast food restaurants rolling out automated order takers
Drive through systems are switching to automated voice processing systems – no need for order takers: That’s not a human talking to you in the fast food drive-thru | Fox…
Business: Disney lays off entire virtual reality “metaverse” team
Disney has cut its metaverse division as part of the layoffs that will begin this week. Source: Disney cuts metaverse division under Iger’s restructuring It kinda, sorta looks like FB’s…
Health care: Cigna insurance denies claims without even looking at the patient’s medical record
https://twitter.com/propublica/status/1639586525825441792
Advertising oops: “Levi’s to Use AI-Generated Models to ‘Increase Diversity'”
I doubt this is what most expected when they pushed for more diversity in advertising: Fashion brand Levi Strauss & Co has announced a partnership with digital fashion studio Lalaland.ai…
Business: Remote work is so last year
https://twitter.com/ZoeSchiffer/status/1638677318104408064
Yes: “Is there a drop in software engineer job openings, globally?”
Peak hiring was back in 2021 and early 2022, but since then there has been a steady and fairly shop reduction in software engineer/software developer job openings
Business, Demographics: TechCos might drop 4-year degree requirement
She believes the mismatch is two-fold: the time it takes to hire is too long, and hiring overlooks underrepresented groups. For example, Colangelo said only half of GenZ workers plan…
Business Oops: How could anyone have seen SVB’s collapse coming?
Raging Ventures saw it coming and posted the details on Twitter on January 18, 2023, two months in advance of the collapse. Why were Federal banking regulators hibernating all winter?
Demographics, Economy: Subscriptions everywhere
In a low fertility rate, declining population growth and eventually shrinkage, businesses can no longer depend on the traditional expanding market for their products. Instead, we move from the purchase-and-ownership…