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Mastercard Gives AI Agents Ability To Shop Online for You

13 hours 1 minute ago
Mastercard is working with Microsoft and other leading AI companies to give AI agents the ability to shop online and make payments on behalf of consumers. From a report: Under the new program, a shopper could prompt an AI agent -- Microsoft's Copilot, for example -- to search for a pair of yellow running shoes in a particular size. The agent would then search and offer the customer options, and then be able to make the purchase while also recommending the best way to pay, Mastercard said in a statement Tuesday.

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Generative AI is not replacing jobs or hurting wages at all, economists claim

13 hours 16 minutes ago
'When we look at the outcomes, it really has not moved the needle'

Instead of depressing wages or taking jobs, generative AI chatbots like ChatGPT, Claude, and Gemini have had almost no significant wage or labor impact so far – a finding that calls into question the huge capital expenditures required to create and run AI models.…

Thomas Claburn

EA Lays Off Hundreds, Cancels 'Titanfall' Game

13 hours 26 minutes ago
Electronic Arts (EA) has laid off around 300 employees across multiple departments, including about 100 at Respawn Entertainment. IGN reports: IGN understands that these wider cuts largely impacted EA's Experiences team, which includes groups such as EA's Fan Care team and various others working on customer support and marketing, though other EA departments saw reductions as well. As with other cuts at EA, those impacted will be given the opportunity to apply for other roles internally prior to being let go. The roughly 100 jobs impacted at Respawn included individuals in development, publishing, and QA workers on Apex Legends, as well as smaller groups of individuals working on the Jedi team and two canceled incubation projects, one of which we reported on back in March, and the other of which was, per Bloomberg's reporting, a new Titanfall game. "As part of our continued focus on our long-term strategic priorities, we've made select changes within our organization that more effectively aligns teams and allocates resources in service of driving future growth," an EA spokesperson said in an official statement. "We are treating our people with care and respect throughout this process, working to minimize impacts by helping affected employees explore new opportunities within the company when possible and providing support during the transition."

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