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“Become Contagious”: Tech Layoffs In the midst of AI investments

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Become Contagious Tech Layoffs In the midst of AI investments

As of Sunday, February 11, 141 businesses had made staff reductions this year, according to Layoffs.fyi, a website that tracks joblessness in the IT industry. These businesses include Snap, Microsoft, eBay, and PayPal.

The tech companies are making layoffs because they’ve determined that they have a lot of dead wood after reviewing their staffing levels. And we could accomplish more if we were a lighter organization, Brent Thill, an analyst at Jefferies, told the Financial Times (FT) on Sunday.

“The layoffs are going to continue and it may get worse. It’s become contagious,” Thill added.

As per Daniel Keum, an associate professor of management at Columbia Business School, IT businesses have been assessing which divisions they want to prioritize investments in and making staff cuts in areas that are expensive but not essential, as reported by the Financial Times.

One illustration of this is the hundreds of positions that Amazon’s Twitch video streaming business terminated this year. Keum continued, saying that businesses had been “actively hiring” in addition to the job losses this year.

After laying off more than 20,000 workers at the end of 2022, Meta announced that it will be employing “minimally” this year but will be making “significant investments” in generative AI, which would involve onboarding new employees.

Not just the tech industry has seen job losses this year. AI has been involved in recent large layoffs at businesses like UPS and BlackRock, as PYMNTS reported last week.

“However, many companies are hesitant to directly link technology with job cuts, instead focusing on the positive aspects of AI implementation,” that report said.

For example, UPS has stated that AI is not replacing labor, even though the business acknowledged that technology like AI contributed to their job reductions, which were the largest in its history. Instead, salespeople can build proposals with the assistance of machine learning, which eliminates the need for price expertise.

“Estimating the true impact of AI on job cuts is challenging,” PYMNTS wrote. “According to outplacement firm Challenger, Gray & Christmas, U.S. companies have announced over 4,600 job cuts since May, either to free up resources for hiring individuals with AI expertise or because AI technology replaced certain tasks. “

However, it is believed that this estimate understates the true number of job losses. According to Senior Vice President Andrew Challenger, many businesses would rather not make these layoffs public because doing so frequently attracts unfavorable media attention.

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The First PC Emulator for the iPhone and iPad has been Approved by Apple

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UTM SE is the first PC emulator for iPhone and iPad that is accessible on the App Store, and Apple has changed its mind and accepted it. This program enables you to run older versions of macOS, Windows, and other operating systems on your iPhone or iPad.

The Original iPad and iPhone PC Emulation

In April, Apple updated its App Store Guidelines to permit game emulators, a move that was implemented globally and in the European Union as well. As a result of this modification, several game emulators—including the well-known Nintendo emulator Delta—have been released on the App Store.

Nevertheless, in June, Apple banned the PC emulation program UTM SE, even after the Store Guidelines were modified. In addition, Apple removed the software from third-party app stores in the European Union in addition to the global software store.

Even though playing vintage games is one of the main reasons people use PC emulators like UTM, Apple’s answer at the time was that only “retro game” emulators were allowed, not PC emulators. Widespread criticism of the judgment resulted in possible action from the European Commission.

But this past weekend, the UTM SE developers revealed via a social media post that Apple had changed its mind. The App Store now offers UTM SE for download. Additionally, it will soon be accessible in the EU through AltStore PAL. Apple hasn’t offered any explanation for the reason behind this turnaround.

Using the PC emulator UTM SE, you can play retro games and applications.

  • supports text-only operating systems in terminal mode and graphics in VGA mode.
  • simulates PPC, RISC-V, and x86 architectures.
  • Use pre-built machines or start from scratch with a custom configuration.
  • constructed using the robust and popular emulator QEMU

One thing to keep in mind is that JIT compilers cannot be used with apps distributed on iOS. This implies that the iPhone and iPad emulators using UTM SE won’t be as capable as those on other platforms in terms of functionality and performance.

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Bixby, Samsung’s Enhanced Voice Assistant, will Debut this Year with its Own AI

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According to the CEO of Samsung’s mobile division, the company will release an enhanced version of its voice assistant Bixby this year, which will be powered by its own artificial intelligence models.

Because ChatGPT from OpenAI has become so popular, digital assistants are now again in the spotlight. According to TM Roh, the CEO of Samsung’s mobile division, the South Korean tech giant’s own large language model, or LLM, will be used in a further enhanced version of Bixby that will be unveiled this year.

Through a translator, Roh added in Korean, “We’re going to advance Bixby with the application of Gen AI technology.”

In 2017, Bixby made its debut alongside the Samsung Galaxy S8 smartphone. Among the many features of the voice assistant are suggestions for restaurants and real-time translations. With the Bixby Vision function, users may scan objects in front of them with their phone’s camera to get information about them from Bixby.

Artificial intelligence that can produce material, such as images or answers to queries, is known as generative AI, or Gen AI. The AI model that powers generative AI, known as an LLM, is trained on massive volumes of data.

But according to Roh, Samsung will continue to support numerous voice assistants on its products. For example, the newest Samsung devices come with Google’s AI helper.

Just over a month has passed since Apple said Siri, its assistant, will receive an AI update. Roh has now confirmed its Bixby upgrade. If Siri needs more answers, she will be able to use OpenAI’s ChatGPT.

The Bixby update is a component of Samsung’s larger campaign to promote AI capabilities across its line of products. In an attempt to persuade consumers to switch to more expensive smartphones, the Samsung announced some new AI features along with two new foldable devices on Wednesday: the Galaxy Z Fold6 and Z Flip6.

According to Roh, “We are reinforcing and bringing more AI capabilities to our products,”

“As consumers use more AI capabilities they can actually feel the convenience and benefits they bring. I believe strongly that these Galaxy AI, mobile AI are strong motivations and drivers for the purchase of new products.”

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Samsung Unveils its Generative AI-Powered Galaxy Fold 6 and Flip 6 Smartphones

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Samsung unveiled its newest foldable smartphones on Wednesday at its Unpacked presentation in Paris, France. The Galaxy Z Fold 6 and Galaxy Z Flip 6, which run Android and are powered by Google (GOOG, GOOGL), are a major point of differentiation for Samsung in its protracted competition with Apple (AAPL) for supremacy in the global smartphone market.

Similar to Apple, Samsung is positioning its generative AI capabilities as a key differentiator for these two phone models. The Z Flip 6 and Z Fold 6 are priced at $1,099 and $1,899, respectively, which is $100 higher than their predecessors and places them firmly in the premium smartphone segment. In comparison, the starting price of Apple’s bigger Pro Max model is $1,199, while that of the 15 Pro model is $999. The starting prices for Samsung’s S24 and S24+ are $799 and $999, respectively. $1,299 is the price of its top-tier S24 Ultra.

The Flip 6 and Fold 6 from Samsung are being marketed as more than just foldable phones. Its Galaxy AI platform is presenting them as potent, generative AI-capable gadgets. The software offers a variety of generative AI functions, from real-time translation and conversational capabilities to photo editing tools and productivity alternatives. Samsung unveiled it earlier this year alongside its S24 lineup.

The company claims that among Samsung customers, artificial intelligence is becoming increasingly popular. According to the tech giant, 77% of S24 users utilize its AI capabilities once a week. The most used ones are Samsung’s Edit Suggestions and Google’s Circle to Search. With Circle to Search, you may take a picture of an object or text and use it to translate or do an online search. As the name suggests, Edit Recommendations offers generative AI text recommendations for emails and text messages that are being written.

According to Samsung, the distinctive shapes of the Fold 6 and Flip 6 make them particularly useful for utilizing Galaxy AI functions. The Interpreter app now has a new conversation feature that lets you communicate with someone in multiple languages. Your comments are automatically heard and shown on the cover screen and main screen of the phone.

Let’s say you are conversing in English with someone who speaks French exclusively. The Flip 6 can be folded like a makeup compact, or the Fold 6 can be folded so that it rests on the table like a tiny laptop. Then, the conversation feature will show your words on the external screen and your friend’s words on the main screen. The goal is to enable smooth, real-time communication between you. Google’s foldable smartphone, the Pixel Fold, has a feature comparable to this one.

Additionally, Google’s Gemini app, which uses its own AI algorithms, is pre-installed on both phones. Gemini may be accessed by simply saying “Hey, Google” or by swiping on the corner of the screen. Gemini offers a wide range of services, such as assistance with idea generation for tasks such as job assignments, travel schedules, locating locations on Google Maps, and more.

In terms of efficiency, Galaxy AI now offers a new PDF translation feature for the Samsung Notes app, in addition to editing suggestions. This feature, appropriately enough, can translate your PDFs on your phone while maintaining the document’s layout. It’s likely that you’ve attempted to open and translate a PDF in the past, only to have the formatting completely collapse and become unreadable. Translations into PDFs ought to help get rid of that.

With the exception of a few minor adjustments, the Z Fold 6 and Z Flip 6 are essentially the same designs as the Z Flip 5 and Z Fold 5 from the previous year. To feel more like a typical rectangular smartphone when closed, the Z Fold 6 has a slightly larger 6.3-inch cover screen. Even though it’s only a 0.1-inch increase, the greater display real estate should prove to be a nice upgrade, given it was one of my complaints with the phone.

Together with a new ultra-wide-angle camera, the Z Flip receives the same primary camera as the company’s flagship S24. Additionally, Samsung claims that since the phone’s battery is identical to that of the S24, customers will no longer have to forgo overall functionality in favor of the Flip over its mainline flagship.

A 50-megapixel primary camera, a newly developed 12-megapixel ultra-wide-angle camera, and a 12-megapixel telephoto camera with a 3x optical zoom and a maximum 30-x digitally enhanced zoom are all included in the Fold.

The Qualcomm Snapdragon 8 Gen 3 CPU and 12GB of RAM are standard in the Z Flip 6 and Z Fold 6. While the Fold has 256GB, 512GB, and 1TB of storage, the Flip also has 256GB and 512GB.

There are other foldable smartphones available than Samsung’s. Motorola and other Chinese smartphone manufacturers, like Huawei and Xiaomi, also sell foldable smartphones. However, Samsung’s Galaxy AI platform might guarantee that those shopping for foldables continue to think of it first.

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