No Jobs in Upcoming Years Due to AI: A Silent Revolution Artificial Intelligence (AI) is advancing at a breakneck pace, transforming industries and reshaping the global economy. While AI promises efficiency, productivity, and new opportunities, it also poses a significant threat to the job market. Many people remain unaware of the profound changes AI will bring, and the reality that the world as we know it will drastically change. This blog delves into the impending job crisis due to AI, exploring statistics, expert opinions, and the potential socio-economic impacts. The Rise of AI and Job Displacement AI and Automation: An Unstoppable Force AI technologies, from machine learning to robotics, are automating tasks traditionally performed by humans. According to a report by the McKinsey Global Institute, up to 800 million jobs could be displaced by automation by 2030, affecting 20% of the global workforce. Industries such as manufacturing, retail, and logistics are particularly vulnerabl
Elon Musk's venture into the social media landscape took an unexpected turn as his platform X, formerly Twitter, faced a staggering 71.5% decline in value since his acquisition in October 2022. What was initially a $44 billion investment now stands at a mere $12.5 billion, prompting a closer look at the factors contributing to this dramatic downturn. The Acquisition In October 2022, Elon Musk made headlines by acquiring Twitter for a hefty sum of $44 billion. His vision, as expressed, aimed beyond financial gains, emphasizing a broader purpose to benefit humanity. Rebranding and Challenges The platform underwent a transformation, rebranded as X in July 2023. However, this change was accompanied by a 15% drop in monthly users during the first year under Musk's ownership. Reports suggest that X cut its staff by at least 50% and scaled back content moderation, leading to concerns about the platform's ability to manage disinformation. User Drops and Advertiser Exodus The decl