Good morning, Quartz readers!
IBM is slowing hiring for jobs that could be done by AI. CEO Arvind Krishna expects the technology to replace 30% of the firm’s back-office roles in five years (more below).
BP’s profits aren’t breaking records anymore. But even if prices are stabilizing from the volatility that drove 2022's record-breaking haul, a quarterly $5 billion gain is still astronomical.
Companies like OpenAI and Google are racing to build and deploy new AI technology—and the people working on it are some of the most worried.
From OpenAI’s Sam Altman saying “people should be happy that we are a little bit scared of this” to Elon Musk saying AI has, however small, “the potential of civilization destruction,” take a look at what the people making the greatest strides in AI technology are saying.
Pop quiz: On which topic did Australia’s media authority say Sky News Australia—owned by Rupert Murdoch’s News Corp—aired misleading information?
A. Election coverage
B. Climate change
C. Space launches
D. The covid pandemic
Find the answer in Cassie Werber’s report.
288: Number of arrests across nine countries made yesterday in a sprawling drug bust that took down a major dark web narcotics ring
Dubbed Operation SpecTor, the investigation focused on an online drug hub called Monopoly Market and was one of the largest international operations of its kind.
France’s finance minister has enough time to write erotic novels. What’s mightier, the pen or economic turmoil?
Quebec is taking an Uber approach to its public transit. People love it.
Enamored by Sweden, young Chinese workers are moving there in record numbers. But it “isn’t as chill” as they had hoped.
The CEO of edtech firm Chegg name dropped ChatGPT in its weak earnings report. It sent stocks in a tailspin.
The first World’s Fair had 10 miles (16 km) of exhibits. It took place in London and kicked off nearly two centuries of gathering the world’s ideas into one exhibition. So why don’t we talk about the World’s Fair anymore? We’ll explain in the first episode of the Quartz Obsession podcast, season five!
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