The rapid adoption of AI has stirred up worry - or at least apprehension - among many workers, as it is still unknown exactly what the impacts of the technology will be. Some of this worry could be misaligned, as new survey data from Pew Recenter Right shows, with a gap in understanding over which jobs are most at risk having grown between the general public and AI experts. According to the poll, conducted between August and October 2024, U.S. adults underestimate the impacts of AI on jobs for lawyers and truck drivers. By contrast, the U.S. public was more likely than experts to think medical doctors, teachers and musicians are at risk of AI-related job cuts over the next 20 years - although half of U.S. adults and experts say there will be job loss in each of these areas. A majority in both groups thought that AI will lead to fewer jobs for cashiers and journalists. Another key takeaway however is the general climate of uncertainty that exists among the public, with between 13-26 percent of U.S. adults saying they are unsure whether or not there will be job losses per polled job. The survey found that while AI experts tend to be more positive than the public about the potential of AI, a majority in both groups were concerned that government regulation of AI will not go far enough. Pew researchers reported that more men were optimistic about AI than women and that respondents generally agreed that men’s views, as well as white adults’ views, are most represented in AI design than other groups. The ‘AI experts’ interviewed by Pew are all based in the U.S. and were selected based on their ability to demonstrate expertise via their work or research in artificial intelligence or related fields. They include authors and presenters of 21 AI-focused conferences from 2023 and 2024.
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As the U.S. economy navigates an era of rapid transformation, recognizing companies that balance growth with responsibility is more important than ever. The America’s Best Midsize Companies 2025 ranking celebrates organizations between $100 million and $10 billion in revenue, that excel in employee satisfaction, sustained revenue growth, and strong ESG performance. This list offers a meaningful snapshot of companies driving innovation, accountability, and long-term success across the country. More information can be found here: https://lnkd.in/gJh-eCSH Huntington National Bank Vertex Pharmaceuticals New Balance HubSpot Airbnb
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Boom phases in the development of artificial intelligence, such as the victory of the chess computer Deep Blue over at the time world chess champion Garry Kasparov in 1996 and 1997, have been around for decades. However, none have piqued the interest of investors and big tech companies as much as the current one. This wave of AI investment began with the release of OpenAI's ChatGPT, a direct-to-consumer application based on the GPT language model. Critics see this type of artificial intelligence as little more than "stochastic parrots" that put together words and sentences according to statistical probabilities. AI evangelists, on the other hand, champion ChatGPT as the first big step towards a true "Artificial General Intelligence" that could exhibit the same cognitive abilities as a human. Companies and investors aren't afraid to spend big to accelerate this development. An analysis of CB Insights data shows that OpenAI was valued at $300 billion as of July 2025, having raised around $64 billion in capital through partnerships with Microsoft and other investments. This makes it the highest-valued AI unicorn by far. Big data analysis platform Databricks ranks second with a $62-billion valuation, while Anthropic, the company behind ChatGPT competitor Claude, is not far behind in third place, valued at $61.5 billion. Both have received funding approaching $20 billion. Together with Elon Musk's xAI, four AI companies were among the 10 highest-valued unicorns in the world as of the most current data. Another striking fact: Seven of the eight highest-valued AI companies are based in the U.S. The sole outlier is Celonis, a German company founded in 2011 in Munich, but very active in the United States as well. It grew with the help of partner-turned-competitor SAP and specializes in process mining, where AI and other tools are used to optimize company processes. Celonis is valued at $13 billion at funding of $2.4 billion. Another high performer is U.S. company Safe Superintelligence, valued at $30 billion despite funding of just $3 billion. Founded just one year ago by former OpenAI and Apple employees as well as AI researchers, it aims to create a superintelligent AI that is also exceptionally safe.
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China saw a 10.7 percent drop in exports to the United States in the first half of 2025 compared to the same period in 2024. According to customs data, this amounts to a decrease of around $25.7 billion. This drop is even with reports of firms stockpiling shipments from China in anticipation of higher tariffs. But as the following chart shows, Chinese exports to other countries and groups of nations have filled this gap. Exports to the ASEAN countries were up 13 percent when comparing H1 2024 and H1 2025, or $37.1 billion, while exports to the European Union increased by 6.9 percent (+$16.3 billion) and countries in Africa together increased by 21.4 percent (+$18.2 billion). Chinese exports also dropped significantly to Russia in this time period, down 8.7 percent ($-4.5 billion). According to the OEC, while it may seem that China’s exports to the U.S. have decreased at first glance, a deeper dive shows that the country has rerouted some of its goods through its value chains. "While finished goods may no longer be "Made in China," the parts that power them still are", OEC analysts explain. "China has been fueling new manufacturing hubs, such as Vietnam, Mexico, and India, that have become key sources of electronics for the United States.” However, even if other countries increase their trade still further with China, it would be a challenge to fully offset the potential losses should U.S. demand decrease significantly. In H1 2025, the U.S. remained one of China’s biggest trading partners, despite the 10.7 percent decline, accounting for $215.6 billion of Chinese exports (11.9 percent of total Chinese exports).
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As the Northern Hemisphere’s summer holiday season is in full swing, millions of tourists are heading towards Southern Europe to spend their summer vacation on the pristine beaches and coastlines the region has to offer. With Covid-19 no longer a concern, countries like Spain, Italy and France are expecting a very busy, if not a record-breaking summer, as memories of empty beaches and travel restrictions are quickly fading. In fact, countries like Portugal, Greece, Spain and France – the latter still the number 1 destination for international tourists worldwide in 2024 – already surpassed pre-pandemic visitor numbers in 2023, thereby leading the way in the tourism sector’s impressive recovery from this unprecedented crisis. In 2024, an estimated 1.47 billion people traveled internationally, which is virtually the same as in 2019 and up 260 percent from 2020, the worst year in history for international tourism. As our chart shows, Europe is the world international tourist hotspot, with the region accounting for more than 50 percent of international tourist arrivals last year. Thanks to strong intra-European travel demand and many people's reservations to travel to the U.S. in the current political climate, the region is expecting another record-breaking summer, fueling overtourism concerns in some countries and regions. In cities like Lisbon and Barcelona, the proliferation of short-term rental apartments has driven up housing costs, pushing locals out of popular neighborhoods and threatening the very character that made these areas popular in the first place. Spain's Balearic and Canary Islands have also seen more and more protests against mass tourism in recent years, as local residents are vastly outnumbered by foreign visitors each year.
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A little more than two years after NVIDIA first revealed how much it expects to profit from the rise of generative AI back in March 2023, the company's unprecedented growth spurt continues. On May 28, the company reported results for the first quarter of its fiscal 2026 and once again it managed to meet or exceed Wall Street's lofty expectations. In the three months ended April 27, 2025, Nvidia's revenue grew 69 percent from the same period a year earlier, reaching $44.1 billion compared to its own outlook of $43.0 billion plus/minus 2 percent and analyst expectations of $43.3 billion. Once again, Nvidia's data center business was at the heart of the company's blowout quarter, as it saw a 73-percent jump in revenue versus a year ago and accounted for almost 90 percent of total sales. Net income amounted to $18.8 billion in the quarter, which is more than four times the company's full-year profit for fiscal 2023, the last year without the impact of AI. For the current quarter, Nvidia expects revenue of $45 billion, which would be a 50-percent increase over the same quarter of last year, when the company's revenue had already surged to $30 billion. While some shareholders, spoiled by the past two years, may sniff at 50 percent growth, it's inevitable that growth rates come back to earth after a period of such extreme expansion. After all, Nvidia's revenue has grown more than sixfold over the past two years, meaning that it's virtually impossible to keep growing at the triple-digit rates seen in the early quarters of the company's revenue surge. "Global demand for Nvidia’s AI infrastructure is incredibly strong. AI inference token generation has surged tenfold in just one year, and as AI agents become mainstream, the demand for AI computing will accelerate," founder and CEO Jensen Huang said in a statement. "Countries around the world are recognizing AI as essential infrastructure - just like electricity and the internet - and Nvidia stands at the center of this profound transformation," he added.
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After briefly touching the milestone on Wednesday, NVIDIA officially became the first company to close at a valuation of $4 trillion on Thursday, leaving behind companies like Apple and Microsoft, who have been the trailblazers in terms of stock market records for the past few years, prior to Nvidia’s meteoric rise. Having had some ups and downs along the way, Nvidia’s share price is up more than 1,000 percent over the past two and a half years, as the AI gold rush has catapulted the chipmaker powering the transition to the AI-centric future into new spheres. As $4 trillion is hard to grasp, we put together a chart that adds a little perspective to that stunning number. Not only is Nvidia now worth more than Microsoft and Apple, the only other companies with a market cap above $3 trillion, but the company’s market cap exceeds the COMBINED value of Alphabet and Meta, two tech powerhouses in their own right. Looking further, Nvidia is worth more than Amazon, Walmart and Costco, the world’s three largest retailers, combined. Tesla, GM, Ford and Chrysler parent Stellantis have a combined market cap of $1.2 trillion, while Netflix, Disney and Comcast, some of the world’s largest media conglomerates, don’t even reach the $1 trillion mark. The same is true for Coca-Cola, McDonald’s, Starbucks and Chipotle – all global household names whose joint market cap is less than 20 percent of Nvidia’s. All this goes to show how highly Wall Street values Nvidia’s future potential. While some skeptics view the company’s meteoric rise with suspicion, fearing that the AI hype is a dot-com style bubble that could burst at any time, Nvidia bulls think that the company will be at the heart of the golden AI age for years to come. In the end, only time will tell who is right, but so far Nvidia has surprised its skeptics time and time again, growing from a market cap of around $750 billion in May 2023 to $4 trillion at a breathtaking pace.
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