New major train route to connect one of UK's best seaside towns to popular northern city
Arriva Group said the direct trains could be on the way after an operator unveiled plans for new services to run by the end of next year.
Britain's girl gang problem: Increasing numbers of young women are committing violent crime, warn experts - including savage attacks on society's most vulnerable. So what can be done?
Experts say there has been a surge in the number of girls and young women taking part in violence - after a series of high-profile incidents and emergency service alerts.
Nurse, 34, 'told stepson, 15, she was "horny" and raped him'...then her lineman husband walked in on them
Alexis Von Yates has just been banned from nursing in Florida over the July 2024 allegation.
Eni Aluko's ex-England and Team GB Olympics team-mate Steph Houghton publicly speaks out to back 'super-hero' Ian Wright in TV pundits' fall-out
Houghton was the latest to join the chorus of those supporting the Arsenal legend, dubbing Wright a 'super-hero' on their show Crossways - A Women's Football Show' on Tuesday.
Katy Perry labels herself 'a human piñata' as she lashes out at 'unhinged and unhealed' people who left her 'battered' after Blue Origin space flight - as she thanks fans who paid for a billboard to show their support
Katy Perry has described herself as 'a human pinata' after she was repeatedly mocked online following her Blue Origin space flight organised by Jeff Bezos.
Gen AI Is Not Replacing Jobs Or Hurting Wages At All, Say Economists
An anonymous reader quotes a report from The Register: Instead of depressing wages or taking jobs, generative AI chatbots like ChatGPT, Claude, and Gemini have had almost no wage or labor impact so far -- a finding that calls into question the huge capital expenditures required to create and run AI models. In a working paper released earlier this month, economists Anders Humlum and Emilie Vestergaard looked at the labor market impact of AI chatbots on 11 occupations, covering 25,000 workers and 7,000 workplaces in Denmark in 2023 and 2024.
Many of these occupations have been described as being vulnerable to AI: accountants, customer support specialists, financial advisors, HR professionals, IT support specialists, journalists, legal professionals, marketing professionals, office clerks, software developers, and teachers. Yet after Humlum, assistant professor of economics at the Booth School of Business, University of Chicago, and Vestergaard, a PhD student at the University of Copenhagen, analyzed the data, they found the labor and wage impact of chatbots to be minimal. "AI chatbots have had no significant impact on earnings or recorded hours in any occupation," the authors state in their paper.
The report should concern the tech industry, which has hyped AI's economic potential while plowing billions into infrastructure meant to support it. Early this year, OpenAI admitted that it loses money per query even on its most expensive enterprise SKU, while companies like Microsoft and Amazon are starting to pull back on their AI infrastructure spending in light of low business adoption past a few pilots. The problem isn't that workers are avoiding generative AI chatbots -- quite the contrary. But they simply aren't yet equating to actual economic benefits. "The adoption of these chatbots has been remarkably fast," Humlum told The Register. "Most workers in the exposed occupations have now adopted these chatbots. Employers are also shifting gears and actively encouraging it. But then when we look at the economic outcomes, it really has not moved the needle."
Humlum said while there are gains and time savings to be had, "there's definitely a question of who they really accrue to. And some of it could be the firms -- we cannot directly look at firm profitability. Some of it could also just be that you save some time on existing tasks, but you're not really able to expand your output and therefore earn more. So it's like it saves you time writing emails. But if you cannot really take on more work or do something else that is really valuable, then that will put a damper on how much we should actually expect those time savings to affect your earning ability, your total hours, your wages."
"In terms of economic outcomes, when we're looking at hard metrics -- in the administrative labor market data on earnings, wages -- these tools have really not made a difference so far," said Humlum. "So I think that that puts in some sense an upper bound on what return we should expect from these tools, at least in the short run. My general conclusion is that any story that you want to tell about these tools being very transformative, needs to contend with the fact that at least two years after [the introduction of AI chatbots], they've not made a difference for economic outcomes."
Read more of this story at Slashdot.
Brits face £1,000 fine for common innocent beach activity
With the weather heating up and the Bank Holiday set to be sunny, many Brits might be planning to take a trip to the seaside.
Has Beyoncé lost her pulling power? Cowboy Carter tickets are STILL available ahead of her six nights in London as prices plummet to as low as £66 - months after Taylor's sell-out tour and amid her ties to Diddy scandal
The R&B superstar is currently two dates into an expansive 32 date tour of the United States, London and Paris in support of her latest album, the Grammy Award winning Cowboy Carter.
Iconic department store holds 'Rachel Reeves closing down sale' as it closes its last outlet after 144 years with boss blaming Chancellor's budget hikes
Large yellow posters with the Chancellor holding her red Budget box have been splashed all over the windows of the Beales store in Poole, Dorset.
Hotel fire horror kills at least 15 tourists including two children, as witnesses say inferno turned building into a 'gas chamber' with people seen jumping out of windows
Several people were rescued from rooms and roof of the budget hotel, Kolkata police chief Manoj Verma said, after the fire broke out on Tuesday evening.
Shocking moment barefoot Florida man battles 10-foot alligator on side of highway
A barefoot Florida man took on a massive alligator along the side of I-95 in Jacksonville on Sunday, and the gator didn't stand a chance. Mike Dragich, 36, is a licensed alligator wrangler.
Why the jury will never be told a reason for Erin Patterson's deadly mushroom meal
The reason why Erin Patterson allegedly killed her in-laws with poisonous beef Wellingtons will remain a mystery.
Alert over flu-like disease that kills in ONE DAY landing on UK shores...get jabbed, experts urge
The condition spreads primarily by droplets from the nose and mouth through close contact with the infected person, such as by coughing, sneezing or kissing.
Investment bank's 110-hour weeks 'drove one trader to ORGAN FAILURE...but what bosses did next was even worse'
An investment bank's grueling 110-hour weeks allegedly drove a trader to organ failure.
Michael Schumacher praised for 'emotional' act - with ex-Formula One star hoping 'it's a sign' racing legend is 'on the mend'
Mail Sport revealed Schumacher, who has not been seen in public since he suffered serious brain damage in a skiing accident in December 2013, signed a helmet with the help of his wife.
Chilling reason why Russia removed brain and throat of Ukrainian journalist in sickening torture rituals after she was captured while reporting on Putin's bloody war
Prisoner of war Viktoria Roshchyna, 27, was held in occupied Ukraine and tortured by Vladimir Putin's brutal regime.
Video of the moment two friends allegedly felled Sycamore Gap tree in act of 'mindless vandalism' is shown to court
Daniel Graham, 39, and Adam Carruthers, 32, from Carlisle, are on trial at Newcastle Crown Court for criminal damage after allegedly felling the tree on September 27, 2023
Terrified experts say US volcano set to erupt will trigger international travel chaos
An Alaskan volcano that is 'moving closer to eruption' could blow at any time, and when it does, it could set of a chain reaction that would cause international chaos.
Vick Hope continues to tease pregnancy with DJ husband Calvin Harris as she admits there's been 'lots going on lately'
Vick Hope has continued to tease her pregnancy with a new Instagram post.
Asylum seeker who came to Britain on small boat is jailed for raping woman after she left nightclub
Eritrean Dan Tesfalul, 27, targeted the woman who was so drunk she couldn't remember the attack in Norwich. He bought her drinks, then followed her outside the club.