AI Is Being Used to Screen Job Applicants

The BBC reports on “the computers rejecting your job application,” noting that applicants are now being screened with AI-scored tests that involve counting dots in boxes and matching emotions to facial expressions: The questions, and your answers to them, are designed to evaluate several aspects of a jobseeker’s personality and intelligence, such as your risk tolerance and how quickly you respond…

Translation From VC-Backed PR Jargon To English of Magic Leap CEO Rony Abovitz’s Statement That He’s ‘Stepping Down’

From a company-wide memo sent by Rony Abovitz, the founder of Magic Leap, which has raised nearly $3 billion from high-profile investors including Andreessen Horowitz, Google, AT&T, NTT DoCoMo, Public Investment Fund of Saudi Arabia, JP Morgan, Kleiner Perkins Caufield & Byers: As we’ve shared over the last several weeks, in order to set Magic Leap on a course for success,…

JP Morgan Economists Warn of ‘Catastrophic’ Climate Change

An anonymous reader quotes a report from the BBC: Human life “as we know it” could be threatened by climate change, economists at JP Morgan have warned. In a hard-hitting report to clients, the economists said that without action being taken there could be “catastrophic outcomes.” The bank said the research came from a team that was “wholly independent from the…

Share of Cryptocurrency Jobs Grew 1,457% In 4 Years

The share of cryptocurrency jobs per million has risen 1,457% over the past four years, according to a study by job site Indeed.com. VentureBeat reports: Indeed analyzed millions of job postings on Indeed.com to unpack how Bitcoin, cryptocurrency, and blockchain trends have affected the job market. Searches for Bitcoin, blockchain, and cryptocurrency roles are going down — yet employer demand has…

Why The ‘Not-Com’ Stock Bubble Is Popping

“In the dot-com bubble, public investors got hosed,” remembers The Atlantic. “Today, it’s public investors that are doing the hosing.” When the web browser Netscape went public on August 9, 1995 — the day many cite as the beginning of the dot-com bubble — its stock skyrocketed from $28 to $75 in a matter of hours, even though the company wasn’t…