The latest artificial intelligence systems dominated the tech conversation in Davos with a mix of excitement and worries over how they will reshape the future of work.
Why it matters: Past waves of automation have targeted entry-level jobs. But generative AI systems like ChatGPT and Dall-E 2 raise fears for knowledge workers, including those in the C-suite.
Global economists are warning that once-rare economic shocks may become more frequent.
That was the worrisome undercurrent of conversations among attendees at this week's World Economic Forum in Davos, Switzerland — where some of the world's richest and most powerful people returned in droves for the first full-fledged Davos since 2020.
In a San Francisco federal courtroom earlier this week, a jury was told its job isn’t to determine whether Tesla CEO Elon Musk’s 2018 tweets about taking the company private were false.
Rather, the group must decide on his state of mind at the time.
Why it matters: The legal concept of scienter, or the required state of mind to be held liable for certain actions, is central to white-collar crimes like fraud.