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Bloomberg

Randstad CEO on AI & Future of Work

Sander van 't Noordende, CEO of recruitment giant Randstad, says their base case is that 7-8% of jobs will be replaced by artificial intelligence over the next 5 to 10 years. However, Van 't Noordende says he does not see the "doomsday scenario" that some predict. In an interview on "The Pulse with Francine Lacqua" on May 21, van 't Noordende said AI will be a "wave" over the next decade, but also presents many opportunities, enabling many workers to be more productive, and requires massive infrastructure.

Leia mais: Randstad CEO on AI & Future of Work
Bloomberg

Samsung Workers to Go Ahead With Strike

Talks between Samsung Electronics and its largest labor union broke down, raising the prospect of a workers' strike. A general work stoppage will go ahead on Thursday, labor leader Choi Seung-ho told reporters. The collapse in negotiations puts the global technology supply chain at risk because Samsung is the world's biggest supplier of the chips that go into devices from data center servers to smartphones and electric vehicles. Bloomberg's Yoolim Lee reports.

Leia mais: Samsung Workers to Go Ahead With Strike
Bloomberg

UniCredit Plan Would Put Lot of Revenue at Risk, Orlopp Says

Commerzbank CEO Bettina Orlopp discusses the company's performance as the lender lifted its guidance for profit this year and outlined more job cuts. Orlopp also discusses the hostile takeover attempt by UniCredit, saying it would put a lot of revenue at risk. She speaks on Bloomberg Television.

Leia mais: UniCredit Plan Would Put Lot of Revenue at Risk, Orlopp Says
Bloomberg

Powell Treading Careful Path as Oil Uncertainty Persists

Federal Reserve Chair Jerome Powell made it clear the US central bank won't cut interest rates again until inflation starts cooling again. Speaking at a press conference Wednesday, Powell also said it was still too soon to gauge the effects of a surge in oil prices on the US economy. Bloomberg's Mark Cranfield breaks down the situation.

Leia mais: Powell Treading Careful Path as Oil Uncertainty Persists
Bloomberg

BlackRock's Jewell Warns 'Don't Get Macro Complacent'

Helen Jewell, CIO of fundamental equities at BlackRock, discusses the potential for dip buying opportunities as the war in the Middle East rattles global markets. Speaking on Bloomberg Television, she also says that investors shouldn't lose focus of macro data. "Couple of weeks ago we were talking about AI and the implications of AI. I think that's where we need to focus because we don't know when Hormuz is going to be reopened," Jewell says.

Leia mais: BlackRock's Jewell Warns 'Don't Get Macro Complacent'