AI Will Affect 40% of Jobs Globally

🤳15th Jan 2024 | World's Top Five Billionaires' Wealth Skyrockets, Arctic Blast Threatens Over 200 Million Americans, YouTube Reduces Loading Speeds for Ad Block Users, and more!

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BUSINESS & ECONOMY

🤖 🤖AI Will Affect 40% of Jobs Globally: IMF

The IMF reports nearly 40% of global jobs are AI-exposed, with advanced economies facing higher risks and opportunities. AI could enhance productivity or replace human tasks, potentially worsening global and within-country inequalities. The IMF's AI Preparedness Index shows wealthier nations are more ready for AI integration. This technological revolution demands careful policy crafting for equitable global prosperity.

📈 Survey Reveals Ongoing Impact of Inflation on Americans

In a recent Axios Vibes survey, 59% of Americans felt negative emotions, mainly anger, while grocery shopping due to inflation. Despite a drop from 2022 highs, prices remain high, with a 3.4% inflation rise in December 2023. Food costs have soared 33.7% since 2021, increasing average monthly expenses by $1,020. A Fox News survey shows 68% dissatisfaction with the country's direction and 78% disapproval of the economy under President Biden.

WORLD

🇮🇱 Israel Pledges Unyielding Stance as Gaza Casualties Approach 24,000 on War's 100th Day

In the 100-day Israel-Gaza conflict, over 23,968 Gazans and 1,139 Israelis have died amid relentless bombings. Netanyahu pledges to "continue [the war] until victory," despite international challenges. The UN cites severe destruction, with 85% of Gaza's population displaced. Regional tensions escalate, involving Hezbollah and Houthi rebels, while the US and UK respond while Israel's goals of defeating Hamas and recovering captives remain unfulfilled.

🌋 Iceland's Volcano Eruption Sends Lava Flowing into Nearby Fishing Town

A volcano erupted in southwest Iceland, reaching Grindavik and igniting homes, though no lives are at risk. President Gudni Johannesson stated, "No lives are in danger, although infrastructure may be under threat." This is the region's fifth eruption since 2021. Precautions failed to fully protect Grindavik, and the popular Blue Lagoon spa closed. Unlike 2010's Eyafjallajokull, significant ash clouds aren't expected.

SCIENCE & TECH

🚫 Instagram Founders' AI News App Artifact Announces Closure

Artifact, the AI-curated news app founded by Instagram's creators, Kevin Systrom and Mike Krieger, is shutting down after just a year. Systrom cited a limited market opportunity, stating, "making the tough call earlier is better for everyone involved." The app expanded into content creation but faced moderation issues and couldn't compete with popular social media. Users can view posts until February's end.

🌐 YouTube Reduces Loading Speeds for Ad Block Users

YouTube is renewing its fight against ad blockers by slowing down load times for users employing them, aiming to push them to disable ad blockers or subscribe to its $14/month Premium tier. This move follows previous experiments, including banners and a three-strikes policy, to discourage ad blocker use. Some users reported slow buffering and difficulties with full-screen mode, suggesting region-specific applications.

SPORTS & ENTERTAINMENT

🎶 Renowned Louisiana Musician Jo-El Sonnier Dies Post-Texas Performance

Jo-El Sonnier, renowned for his Cajun-country music, passed at 77 following a heart attack after a Texas show. His impactful career, launched in Louisiana, featured hits like "No More One More Time" and earned a 2015 Grammy. Inducted into The Louisiana Music Hall of Fame, Sonnier's legacy, including his HBO's True Detective role, lives on.

🏆 Real Madrid Crushes Barcelona 4-1, Claims Super Cup Victory

Real Madrid clinched the Spanish Super Cup with a dominant 4-1 win over Barcelona in Saudi Arabia. Vinicius Jr starred with a first-half hat-trick, and despite Lewandowski's effort for Barcelona, they faltered, ending with 10 men after Araujo's red card. Barcelona coach Xavi Hernandez expressed deep disappointment, calling it "one of our worst displays of the season."

OTHER NEWS

🚫 Biden Administration to Act Against Texas Blocking Federal Agents at U.S. Border

The Biden administration, labeling Texas' blockage of Border Patrol access to Eagle Pass' Shelby Park as "clearly unconstitutional," demands Texas cease actions by January 17, 2024. DHS warns of legal action, citing hindered federal operations and recent migrant drownings. This escalates the feud between Governor Abbott and President Biden over U.S. border policy.

🌪️ Arctic Blast Threatens Over 200 Million Americans with Massive Storm

Winter Storm Heather is battering the U.S. with coast-to-coast blizzards, flooding, and hazardous ice, affecting over 200 million. With winds up to 70 mph and severe frostbite risks, states from New York to Louisiana declare emergencies. The National Weather Service in St Louis warns of "life-threatening" cold. Black ice in Missouri and impending snow in Arkansas and Tennessee heighten concerns.

💰 World's Top Five Billionaires' Wealth Skyrockets Since 2020

In its recent report, Oxfam highlights a stark wealth divide as the five richest individuals' net worth surged 114% to $869 billion since 2020, contrasting with 5 billion people struggling globally. Nabil Ahmed, Oxfam America's Director of Economic and Racial Justice, recognizes growing resistance from workers and regulators amidst this era of significant economic disparity. Coinciding with the Davos Forum, the report calls for government intervention against rising corporate power and inequality.

THIS DAY THAT YEAR

On January 15, 1753, an act of Parliament established the British Museum, home to world-renowned antiquities and archaeological treasures such as the Elgin Marbles and the Rosetta Stone. The museum opened its doors to the public on this very day in 1759.

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