AI tools are already spurring fierce job competition among Bambi-legged Gen Zers hoping to land their first entry-level job out of college. And the situation could get even worse, one tech boss is warning. “I think young people coming out of university today [are experiencing] 9% unemployment,” Bill McDermott, the CEO of AI-driven software company…
Within this aggregate, the electricity sector commands prominence. According to Scenarios towards Viksit Bharat and Net Zero-Sectoral Insights: Power, the power system will demand multi-trillion-dollar investments across renewable generation, battery storage, green hydrogen integration, transmission expansion and grid flexibility. Electricity demand is projected to grow substantially as transport, cooking and segments of industry electrify. The…
The world’s most powerful business leaders enjoyed eye-watering pay bumps in 2025. And Blackstone CEO and cofounder Stephen Schwarzman had a particularly great year, reaping $1.24 billion in compensation last year, thanks to the asset management titan’s record profits. It’s a 20% bump from the year before, the majority of which came from dividends, and…
While executives increasingly turn to AI to reduce headcount, the same CEOs perpetuating the AI jobs apocalypse argue “taste” could be a skill that gets you hired—and keeps your job secure. A day before announcing OpenAI’s newest $110 billion funding round, OpenAI CEO Sam Altman took to X to comment on how even non-technical people…