It argues that the metrics dominating AI development in the world are essentially useless for the billion-plus users across India and the Global South
Standard Chartered global CEO Bill Winters on Friday said he was “sorry” for comments describing “lower-value” workers, made while announcing job-cut plans earlier this week. Winters apologised in a LinkedIn post as he tried to cool debate among upset employees after he announced on Tuesday a 15 per cent cut of back-office staff at the lender by 2030. Winters said that AI adoption would replace some “lower-value human capital”. The CEO first made a LinkedIn post explaining his comments from...
[The content of this article has been produced by our advertising partner.] Hong Kong’s construction sector stands at a decisive inflection point. A wave of public investment—anchored by the Northern Metropolis, major transport, healthcare and education projects and flagship initiatives such as Skytopia—has sustained demand even as skilled labour shortages and rising input costs squeeze schedules and margins. Those pressures are accelerating a structural shift toward sector specific...