Since 2012, data scientist roles have grown over 650%. Hundreds of companies are hiring for the positions, but only 35,000 people in the U.S. have data science skills.
At IBM, data scientists are aggressively recruited for, and yet, there is still a need at the company for more talent. For this reason, IBM is heavily investing in data scientist recruiting, education, and career opportunities.
Martin Fleming is the VP, Chief Analytics Officer, and Chief Economist at IBM, and he joins Cheddar to explain why and how IBM is funneling resources into their data scientists. IBM has developed a micro-MBA program that allows employees to continue their education and skill development while on the job. IBM also has been turning to PhD students in different fields like biology, sociology, and chemistry to diversify talent and recruitment. And IBM has also invested in universities like Columbia and MIT to help develop strong programs there.
Meta is warning that cybercriminals are tricking people into downloading programs that can steal valuable information on fake ChatGPT offers. Cheddar News explains how Meta has observed hundreds of malicious links on its platform.
The 11,500 members of the Writers Guild of America went on strike this week after negotiations with Hollywood studios that began in March failed to result in an agreement.
Will McDonough, founder and CEO of EMG Advisors, joined Cheddar News to discuss Wednesday's trading session after the Federal Reserve raised rates by 0.25% as tighter credit conditions continue to affect small- and medium-sized businesses.
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
Cheddar News' Courtney Sturgeon reports from the Cboe floor with Alan Knuckman, Chief Market Strategist at Bulls Eye Option, to discuss strategies for options traders ahead of a busy trading week amid earnings, the FOMC meeting, and more.
