It's been over 200 years since the industrial revolution, and we could be in the midst of a cybernetics revolution as machines and humans become more and more interwoven. Mazin Gilbert, VP of AT&T Labs, was with us to discuss whether the Cybernetics Revolution will be more disruptive than the Industrial Revolution.
Just like the Industrial Revolution, which marked the beginning of automation and retooling of machinery and the workforce, the Cybernetics Revolution is changing the way society works. Only now, the automation is software-centric and even more data-driven, allowing AI to self-repair and continuously self-optimize to become more intelligent. Gilbert explained the ways data and automation are changing the way we work and how there's a re-teaching of skills in the workforce underway.
There's an ongoing debate between Zuckerberg and Musk on the impact of A.I. on society. Just like any technology, Gilbert said there are always both benefits and things we have to watch out for. Without search, he said we would not know what to do as a community.
Gene sequencing test maker Illumina Inc. said Sunday that its board has accepted the resignation of its CEO and director, Francis deSouza, effective immediately.
“Any consumer can tell you that online airline bookings are confusing enough," said William McGee, an aviation expert at the American Economic Liberties Project. "The last thing we need is to roll back an existing protection that provides effective transparency.”
Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see what comes out of that while earnings continue to pour in.
Google will launch its long-delayed News Showcase product this summer.
Walmart is expanding its HIV treatments, planning to add over 80 specialty facilities across nearly a dozen states by the end of the year.
The Internal Revenue Service said there are about $1.5 billion in unclaimed tax refunds dating back to 2019.
General Motors will allow its electric vehicles to use Tesla charging stations across the country.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Modelo Especial is now the top-selling beer in the United States, dethroning Bud Light after 22 years. In May, sales of Modelo Especial hit $333 million. That's up 15.6 percent from the same period last year.
Electric vehicles made by General Motors will be able to use much of Tesla's extensive charging network beginning early next year. In addition, GM will adopt Tesla's connector, the plug that links an electric vehicle to a charging station.
