Economy - Page 43

Warren: ‘Would-Be King’ Trump Is Setting U.S. Credibility on Fire

Monday on CNBC’s “Squawk on the Street,” Sen. Elizabeth Warren (D-MA) said “would-be king” President Donald Trump’s decision to fire Erika McEntarfer as the commissioner of labor statistics was setting the United States’ credibility in data collection “on fire.”

Senator Elizabeth Warren (D-MA)

Report: Companies Are Slashing Jobs Thanks to AI

AI is already causing tens of thousands of layoffs in the U.S. job market, according to a new report. According to executive outplacement firm Challenger, Gray & Christmas, AI is reshaping the technology sector, causing a 36 percent increase in job cuts for that industry.

AI discarding human workers

Airbnb Tries to Stick Traveler with $7,000 Repair Bill After Host Uses AI-Generated Images to Claim Damage

A London-based academic has received an apology and $5,700 refund from Airbnb after a New York apartment host allegedly claimed she caused over $15,963 in damages, using AI-generated images as evidence of the supposed damage. The company initially tried to charge their customer $7,000 for the damages and refused her appeal until a newspaper investigation caused them to change their tune.

Airbnb CEO Brian Chesky