The pandemic experiment with working from home may be nearing an end. The Wall Street Journal reports that new Labor Department data shows 72.5 percent of businesses said their employees teleworked rarely or not at all last year, up from 60.1 percent in 2021 and close to the share—76.7 percent—that said they had no employees teleworking before the Covid-19 pandemic.
Not so fast, Stanford University professor Nicholas Bloom tells Fortune. “The survey is unfortunately just badly designed.” His data indicates that remote work has declined—but remains at a level considerably higher than before the pandemic.
The Future of Life Institute on Wednesday released an open letter from more than 1,000 researchers and technology leaders including Elon Musk and Steve Wozniak that calls on "all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4." The letter states that "recent months have seen AI labs locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one—not even their creators—can understand, predict, or reliably control. ... Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable."
Gordon Moore, co-founder of Intel Corp. and creator of Moore’s Law—the mantra of boundless technological development that came to define the digital age—died last week at age 94, the Los Angeles Times reports. Trained as a chemist, Moore was among the earliest pioneers in the creation of the integrated circuit.
With other sources of funds drying up, thousands of business founders are turning to Seed Checks, launched by venture capitalist and growth marketing entrepreneur Julian Shapiro around one month ago, TechCrunch reports. Applicants fill out a one-minute form that asks for a deck, memo and region. The app is then blasted to 16 investors.
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