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Gartner to CIOs: Prepare to spend more money on generative AI
2025-05-16 07:45:03| Spiritual Career Counseling
You know all that money your company may already be spending on generative AI products and projects? Well, be prepared to spend a lot more in the coming year.Also:How to use ChatGPT: A beginner's guide to the most popular AI chatbotAs generative AI, or gen AI, becomes more integral to business operations and consumer products, spending is expected to rise dramatically. In its latest forecast, Gartner predicts that the amount of money spent around the world on this hot flavor of AI will total $644 billion this year, an increase of 76.4% from last year. The promise of gen AIOne problem with gen AI, as it currently stands, is that the technology is still in its nascent stages and often flawed and fallible. This is typified by the tendency for AI to hallucinate or deliver inaccurate, incorrect, or misleading results. As a result, many CIOs and other tech executives have been disappointed with the high failure rates of AI. Also:10 key reasons AI went mainstream overnight - and what happens...
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Employment
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Families to receive up to 2 million baht after Bangkok building collapse
2025-05-16 06:45:02| Spiritual Career Counseling
Ryan Turner12 minutes agoLast Updated: Monday, April 7, 2025 51 2 minutes read Families of those who lost their lives in the collapse of the State Audit Office building are set to receive compensation from the Ministry of Labour, amounting up to 2 million baht per family. Boonsong Thapchaiyuth, the ministrys permanent secretary, visited the Coordination and Assistance Centre to assure both migrant and Thai workers of equal treatment. He stated that relatives of the deceased can apply for compensation, which will be processed and paid within 15 days. The compensation will range from 1 to 2 million baht. The ministry will extend support to affected migrant workers, ensuring they receive the same treatment as Thai citizens. Boonsong further added that employers are responsible for compensating workers covered by the Social Security Scheme. Related Articles Teenage gangs bomb plot blown in Phuket3 seconds ago Songkran event: Fatal shooting, journalist threatened with death (video)24 mi...
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Employment
Consultant Sheds Some Light on MGA Fee Report at Florida Legislative Hearing
2025-05-16 04:45:03| Spiritual Career Counseling
A Florida House of Representatives panel went straight to the source of a consultants report that has caused widespread concern among lawmakers about insurance company profit-shifting.But the hour-long web interview with Arizona-based consultant Jan Moenck shed only limited light on the appropriateness of Florida property insurance holding companies paying large fees to their managing general agents while some carriers struggled to stay solvent.The testimony from Moenck came after the House Commerce Committees Subcommittee on Insurance and Banking voted 17-1 in favor of House Bill 881, which would require more transparency, oversight and limits on MGA fees, and would potentially lower the bar for plaintiffs to show bad faith by insurers.The vote on the bill happened despite one lawmaker asking if the panel wasnt jumping the gun.Do you think that it would be wiser to wait before coming up with this, since we are in the process of investigating all this? asked Rep. Marie Woodson, D-...
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Employment