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Stock Pickers Reel as AI Trade Leaves Just 1 in 4 Beating Market
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Stock Pickers Reel as AI Trade Leaves Just 1 in 4 Beating Market

Bloomberg.com·Alexandra Semenova·18 days ago
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Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting a familiar problem: a market rally driven by a tiny group of tech megacaps that diversified portfolios simply can’t keep up with.

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Amazon Employees Are 'Tokenmaxxing' Due To Pressure To Use AI Tools - Slashdot
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Amazon Employees Are 'Tokenmaxxing' Due To Pressure To Use AI Tools - Slashdot

slashdot.org·slashdot.org·20 days ago
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An anonymous reader quotes a report from the Financial Times (via Ars Technica): Amazon employees are using an internal AI tool to automate non-essential tasks in a bid to show managers they are using the technology more frequently.…

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Airbnb's CEO says AI writes 60% of the company's code — and makes managers get their hands dirty
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Airbnb's CEO says AI writes 60% of the company's code — and makes managers get their hands dirty

Business Insider·Aditi Bharade·25 days ago
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From Business Insider: Airbnb's CEO says AI writes 60% of the company's code — and makes managers get their hands dirty

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Watch Fewer Private Credit Managers After Volatility: Lam - Bloomberg
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Watch Fewer Private Credit Managers After Volatility: Lam - Bloomberg

Bloomberg·Bloomberg·26 days ago
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Gretchen Lam, CEO of Octagon Credit Investors, and Danielle Poli, co-portfolio manager, global credit at Oaktree Capital, join Scarlet Fu on "Bloomberg Deals."

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Coinbase's manager shake-up: AI imagines the era after 'pure managers'
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Coinbase's manager shake-up: AI imagines the era after 'pure managers'

Business Insider·Hayley Peterson·27 days ago
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Coinbase will cut 14% of staff and shift to AI-driven teams. Explore the unsettling yet efficient future of management without "pure managers."

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