Erling Pytte became very important for Norwegian physics
Erling Pytte, a Norwegian-American physicist known for his work at IBM in condensed matter physics, passed away at the age of 88.
AI innovations shake up the software market. IBM's daily stock drop was the largest in twenty-five years
AI advancements are disrupting the software market, causing significant stock price declines for major companies such as IBM.
Graph of the Day: AI innovations shake up the software market. IBM's stock dropped the most in 25 years in one day
IBM's stock fell significantly, recording the largest one-day decline in 25 years amid concerns that AI innovations threaten traditional software and service companies.
Artificial Intelligence: The End of Economic Moats
The rise of artificial intelligence threatens traditional economic barriers that protect companies from competition, as illustrated by recent market reactions to IBM.
Understand why IBM’s shares fell after the AI startup Anthropic's announcement
IBM's shares experienced their largest daily drop in over 25 years following Anthropic's announcement about a new AI tool that poses challenges for IBM's traditional programming systems.
Is AI Eating Its Own Tail? IT Giants are Losing Billions
IBM's shares plummeted over 13% as a pivotal AI tool threatens its longstanding legacy COBOL systems.
NY Dow Drops Over $800 to $48,804 Due to Tariff-Induced Uncertainty
On February 23, the Dow Jones Industrial Average fell more than $800, attributed to uncertainty following President Trump's tariff announcements.
The most valuable company of the '80s had 400,000 employees. The current champion has less than 40,000.
The article discusses the significant shift in employment and profitability from the 1980s to present, highlighting the contrast between IBM and Nvidia in terms of workforce size and value.
WSJ: The Big Money Today Goes to Capital, Not Labor
The article discusses the shift in economic gains from labor to capital, highlighting the stark comparison between IBM's workforce in the 1980s and Nvidia's current valuation.
In the Age of AI, Workers' Share Decreases While Capital's Share Increases
The article discusses the trend of decreasing economic rewards for workers and increasing returns for capital, highlighted by the contrasting employment statistics of IBM and Nvidia.
The Machine Company That Built Modern Capitalism
The article explores how IBM transformed modern capitalism through data management, shifting focus from tangible goods to measuring and organizing everything in society.
Govt trains youths in leadership skills
The Lagos State Government has launched the seventh edition of the Ibile Youth Academy, a program aimed at enhancing leadership skills among the youth.
Amazon, IBM or Klarna: The Narrative of AI Layoffs
The article discusses how companies like Amazon, IBM, and Klarna hype AI as a transformative force while using it as a reason for layoffs, often exaggerating the actual impact on employment.
Web Summit Answers.. If Artificial Intelligence Can Do Everything, What Is Left for Humans?
The Web Summit in Doha poses critical philosophical questions about artificial intelligence and the human role in an era where AI can perform nearly all tasks, highlighted by a discussion featuring IBM's Justina Nick.