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Jeff Bezos has fired back at those who are predicting that artificial intelligence (AI) will cause widespread job destruction. The Amazon founder argued that the booming technology will usher in a successful new era of civilisational wealth and human productivity. Bezos also spoke about his new $41 billion AI venture, Prometheus, dismissing the dark economic…
The US Department of Homeland Security (DHS) introduced a new H-1B visa selection system last year. The department then replaced the random lottery system for H-1B visa selection with a new wage-weighted model. According to a Bloomberg Law report, US businesses saw selection rates jump to “unseen levels” for high-skilled foreign workers this year. The…
MUMBAI: India’s capital markets have been resilient, defying global slowdown on the back of robust support from domestic investors, allowing a spate of startups to go public. This has been “the single biggest” positive development for all private market investors, said Shailendra Singh, MD at Peak XV Partners. This is the first time India’s capital…
File photo of applicants at US consulate in Mumbai waiting in line for their visa interview at a special camp organised earlier this year American President Donald Trump’s $100,000 H-1B visa fee is expected to trigger a sharper wave of offshoring by global IT firms while sparking a ‘ ghar wapsi ’ among Indian tech…
