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Artificial intelligence will cost jobs, admits Liz Kendall

2 days ago
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Increasing deployment of artificial intelligence will cause job losses, the UK technology secretary has warned, saying: “I want to level with the public.Some jobs will go.”In a speech on government plans to handle the impact of AI on the British economy, Liz Kendall declined to say how many redundancies the technology might cause but said: “We know people are worried about graduate entry jobs in places like law and finance.”She said: “Others will be created in their place”.While some forecasts have suggested the fast-developing technology could create a net increase in employment, Kendall said: “I’m not complacent about that.

”Earlier this month the London mayor, Sadiq Khan, said that without action to use AI “as a superpower for positive transformation and creation”, it could become “a weapon of mass destruction of jobs”,Speaking to an audience of tech and business leaders at the Bloomberg headquarters in London, Kendall, the former work and pensions secretary, pledged Labour “won’t leave people to struggle on their own”,She announced plans to train up to 10 million British workers in the most basic AI skills by 2030 – including members of the cabinet – signalling a focus on helping workers adapt to the coming shifts in the labour markets, rather than resisting them,She said the government’s goal was to “make Britain the fastest AI adoption country in the G7” and said jobs will be created around the government’s four AI growth zones,“We are on the cusp of great change – an industrial revolution [taking place] in a decade,” she said.

“We have barely begun to see how this technology will transform all our lives – I believe for the better,”The rollout of online AI training for millions of workers – to involve Multiverse, a company founded by Euan Blair, plus a new programme to support women to move into entry level tech roles – would together be “the biggest single plan to upskill the nation since Harold Wilson’s Open University”, she said,A new “future of work unit” is also being established in the Department of Science, Innovation and Technology (DSIT) with involvement from trades unions and business leaders,Ministers have faced criticism they are relying too heavily on US AI companies, whose models could soon be competing with British white collar workers for jobs,It was announced that a $1m (£750,000) donation from Mark Zuckerberg’s Meta was being spent on a government initiative to build AI systems for defence, national security and transport.

Meanwhile, Anthropic, a US AI startup valued at $350bn, has been chosen to build and pilot a dedicated assistant tool for public services on gov.uk, starting with a model that will give jobseekers career advice.It is providing the services for free.The government also has a memorandum of understanding with OpenAI, the maker of ChatGPT.
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British American Tobacco accused of helping North Korea fund terrorism in lawsuit

Hundreds of US military service members, civilians and their families have filed a lawsuit for unspecified damages against British American Tobacco (BAT), one of the world’s largest tobacco companies, and a subsidiary, claiming the company spent years illicitly helping North Korea fund terrorism weapons that were used against Americans.BAT formed a joint venture in 2001 with a North Korean company to manufacture cigarettes in the country. The venture quietly continued, a 2005 Guardian investigation revealed, even as the US government publicly warned North Korea was funding terrorism and imposed sanctions on the country. Amid mounting international pressure in 2007, the company claimed it was ending business in North Korea, but secretly continued its operation through a subsidiary, the US justice department said in 2023. BAT’s venture in North Korea provided around $418m in banking transactions, “generating revenue used to advance North Korea’s weapons program,” Matthew Olsen, then the justice department official in charge of its national security division, said during a 2023 Senate hearing

about 3 hours ago
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Donald Trump expected to nominate Kevin Warsh as US Federal Reserve chair

Donald Trump is expected to nominate the former Federal Reserve governor Kevin Warsh as its next chair amid an extraordinary attempt by the president to tighten his grip on the US central bank and flout its longstanding independence.Trump told reporters on Thursday that he planned to announce his choice for chair of the Federal Reserve on Friday morning, hinting that “a lot of people think that this is somebody that could have been there a few years ago”.That fuelled speculation that he had chosen Warsh, who was considered for the Fed chair in 2017. There was a surge of bets on Warsh to be nominated on the Polymarket predictions site, where his chances rose to 94% on Friday.The Financial Times reported on Friday that Trump was preparing to nominate Warsh, citing three people familiar with the matter

about 5 hours ago
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US regulators open inquiry into Waymo self-driving car that struck child in California

The US’s federal transportation regulator said Thursday it had opened an investigation after a Waymo self-driving vehicle struck a child near an elementary school in southern California last week, causing minor injuries.The National Highway Traffic Safety Administration said the child in Santa Monica ran across the street on 23 January from behind a double parked SUV towards the school and was struck by the Waymo autonomous vehicle during normal school drop-off hours. The agency said there were other children, a crossing guard, and several double-parked vehicles in the vicinity.The federal agency is opening a preliminary evaluation to investigate whether the Waymo AV exercised appropriate caution given its proximity to the elementary school during drop-off hours, and the presence of young pedestrians and other potential vulnerable road users. The agency said it plans to examine the vehicle’s “intended behavior in school zones and neighboring areas, especially during normal school pick up/drop off times, including but not limited to its adherence to posted speed limits” and will “also investigate Waymo’s post-impact response”

about 18 hours ago
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UK-based pair behind messaging app accused of giving data to Iranian regime

The creators of a messaging app accused of handing user data to the Iranian regime live on a windswept hill in a British coastal town, the Guardian can reveal.Hadi and Mahdi Anjidani are the cofounders of TS Information Technology, established in 2010 and now registered at the address of a tax accountancy in Shoreham-by-Sea in West Sussex. It is the UK branch of an Iranian software corporation, Towse’e Saman Information Technology (TSIT).The company makes popular computer games, a payment platform capable of helping Iranians skirt sanctions, and Gap Messenger, a sleek purple messaging app billed as an Iranian alternative to Telegram.But while Gap’s public profile says the app is encrypted and does not share its data with third parties, Iranian digital rights experts say their investigations contradict those claims

about 20 hours ago
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Lindsey Vonn airlifted from course after crash in final downhill before Olympics

Lindsey Vonn crashed in her final World Cup downhill before the Milano Cortina Winter Olympics on Friday, leaving the American skiing great limping and clutching her left knee as organizers abandoned the race amid worsening conditions.The 41-year-old lost control after landing a jump on the upper section of the course in Crans-Montana, Switzerland, skidding sideways into the safety netting as snow fell steadily and visibility deteriorated. Vonn’s airbag deployed on impact and she remained down for several moments while medical staff attended to her on the piste.Vonn eventually stood and was able to ski away, but did so gingerly. She repeatedly took weight off her left leg, using her poles to steady herself, and stopped several times on the run down to check her knee

about 3 hours ago
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Rybakina poses threat to Sabalenka’s bid for legendary status in Australian Open final

At the end of yet another semi-final in Melbourne on Thursday night, Aryna Sabalenka slammed the door shut on Elina Svitolina with a searing forehand winner, her 29th of the night. It was another near flawless performance from the Belarusian, another match she dominated from start to finish without any response, reinforcing her status as the leading hard court player of her generation.Six matches in, Sabalenka’s fourth consecutive run to the Australian Open final has proved one of her most impressive. Sabalenka is yet to drop a set and she has shown how much her game has evolved by also dominating the net and peppering opponents with an array of delicate drop shots. The few times she has been pushed, such as in her third round match against Anastasia Potapova, the world No 1 has produced her best tennis in the decisive moments and she has been in control of the baseline throughout

about 3 hours ago
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UK’s first rapid-charging battery train ready for boarding this weekend

about 9 hours ago
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AstraZeneca to invest £11bn in China after rowing back on UK expansion

about 19 hours ago
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What is behind the extraordinary rise in investment into silver and gold?

about 20 hours ago
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‘Generational shift’ towards sparkling wine behind strong sales, says UK’s Chapel Down

about 20 hours ago
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Brent crude tops $70 per barrel on Iran concern; gold and silver tumble from record highs – as it happened

about 21 hours ago
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Rate-rigging convictions of five bankers referred to UK appeals court

about 21 hours ago