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Connor Hughes

1389 Posts
This Ship Is Sinking. Can I Jump to a Client’s?

This Ship Is Sinking. Can I Jump to a Client’s?

Send questions about the office, money, careers and work-life balance to workfriend@nytimes.com. Include your name and location, or a request to remain anonymous. Letters may be edited.Ethics of Self-PreservationI am in a senior position with a marketing agency that is in bad shape. Employees are on reduced hours and pay because our work has slowed substantially. The owners pledged to get new work but have not made any moves in that direction. I’m looking for a new job, and I’ve seen some very appealing openings with current clients. I’d be a great candidate, because I know many of the players,…
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‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower

‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower

On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh.The lure: billions of dollars in Saudi money as the kingdom seeks to build a tech industry to complement its oil dominance.To bypass the congestion, frustrated eventgoers drove onto the highway shoulder, kicking up plumes of desert sand as they sped past those following traffic rules. A lucky few took advantage of a special freeway exit dedicated to…
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How High Wall Street Thinks the Fed Will Keep Interest Rates

How High Wall Street Thinks the Fed Will Keep Interest Rates

At the start of 2024, investors expected the Federal Reserve to cut interest rates substantially this year as inflation cooled. But price increases have been surprisingly stubborn, and that is forcing a rethink on Wall Street.Investors and economists are questioning when and how much Fed policymakers will manage to cut rates — and some are increasingly dubious that Fed officials will manage to lower them at all this year.Inflation was coming down steadily in 2023, but that progress has stalled out in 2024. The Fed’s preferred inflation index climbed 2.8 percent in March from a year earlier, after stripping out…
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Meta Says It Plans to Spend Billions More on A.I.

Meta Says It Plans to Spend Billions More on A.I.

Meta projected on Wednesday that revenue for the current quarter would be lower than what Wall Street anticipated and said it would spend billions of dollars more on its artificial intelligence efforts, even as it reported robust revenue and profits for the first three months of the year.Revenue for the company, which owns Facebook, Instagram, WhatsApp and Messenger, was $36.5 billion in the first quarter, up 27 percent from $28.6 billion a year earlier and slightly above Wall Street estimates of $36.1 billion, according to data compiled by FactSet. Profit was $12.4 billion, more than double the $5.7 billion a…
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Bird Flu Is Infecting More Mammals. What Does That Mean for Us?

Bird Flu Is Infecting More Mammals. What Does That Mean for Us?

In her three decades of working with elephant seals, Dr. Marcela Uhart had never seen anything like the scene on the beaches of Argentina’s Valdés Peninsula last October.It was peak breeding season; the beach should have been teeming with harems of fertile females and enormous males battling one another for dominance. Instead, it was “just carcass upon carcass upon carcass,” recalled Dr. Uhart, who directs the Latin American wildlife health program at the University of California, Davis.H5N1, one of the many viruses that cause bird flu, had already killed at least 24,000 South American sea lions along the continent’s coasts…
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Microsoft Makes a New Push Into Smaller A.I. Systems

Microsoft Makes a New Push Into Smaller A.I. Systems

In the dizzying race to build generative A.I. systems, the tech industry’s mantra has been bigger is better, no matter the price tag.Now tech companies are starting to embrace smaller A.I. technologies that are not as powerful but cost a lot less. And for many customers, that may be a good trade-off.On Tuesday, Microsoft introduced three smaller A.I. models that are part of a technology family the company has named Phi-3. The company said even the smallest of the three performed almost as well as GPT-3.5, the much larger system that underpinned OpenAI’s ChatGPT chatbot when it stunned the world…
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Could the Union Victory at VW Set Off a Wave?

Could the Union Victory at VW Set Off a Wave?

“If workers in Chattanooga get a great contract, a big raise, better health benefits, and then the same thing at Mercedes, there will be a lot more good opportunities to win good contracts in short order,” said Madeline Janis, co-executive director of Jobs to Move America, a group that seeks to create good jobs in clean technology industries.Ms. Janis, whose group is involved in unionizing factory workers in the South, said the momentum could travel beyond the auto industry to other manufacturers because employees at different companies in the region often know one another and discuss these issues. “Their brothers…
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How Scam Calls and Messages Took Over Our Everyday Lives

How Scam Calls and Messages Took Over Our Everyday Lives

Mr. Doctorow noted that, just as the internet has made routine tasks less burdensome, it has also made scams much easier to pull off. Picture an old-school boiler room in which fast-talking con artists place hundreds of phone calls in an effort to fleece strangers out of their savings, he said. Now fast forward to 2024, when scammers can send out millions of phishing texts and emails with the help of bots.“If you can automate parts of it,” Mr. Doctorow said, “you can cast a much wider net.”Text scams tricked Americans out of $300 million in 2022, the Federal Trade…
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Rusty Foster Tracks Media Gossip From an Island in Maine

Rusty Foster Tracks Media Gossip From an Island in Maine

In a time when the headlines are dominated by wars and a divisive presidential campaign, the magazine-world rivalry between The Atlantic and The New Yorker doesn’t amount to much.So you might have missed it when, on April 2, The Atlantic beat The New Yorker in three big categories at the 2024 National Magazine Awards.But to Rusty Foster, who chronicles the media industry and internet culture in his daily newsletter, Today in Tabs, The Atlantic’s victory was big news.Shortly after the awards ceremony, which took place at Terminal 5 in Manhattan, Mr. Foster tapped out a fanciful report for his audience…
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