Seeking Alpha’s roundup of statements, announcements, and remarks that could impact the technology sector.
- U.S. Sens. Mark Warner (D-VA) and Josh Hawley (R-MO) have filed a bill that would require publicly traded companies, federal agencies, and some private companies to file quarterly reports with the Labor Department detailing any hiring or firing due to AI.
“This bipartisan legislation will finally give us a clear picture of AI’s impact on the workforce,” Warner said in a statement. “Armed with this information, we can make sure AI drives opportunity instead of leaving workers behind.”
“Artificial intelligence is already replacing American workers, and experts project AI could drive unemployment up to 10-20% in the next five years,” said Hawley in the statement. “The American people need to have an accurate understanding of how AI is affecting our workforce, so we can ensure that AI works for the people, not the other way around.”
- Apple (AAPL) plans to pay Alphabet (GOOG) (GOOGL) roughly $1 billion a year to access a 1.2 trillion parameter version of Google’s Gemini AI model to power an updated version of its Siri voice assistant, according to Bloomberg, which cited people close to the deal.
Bloomberg added that the revamped version of Siri is expected to be released next spring.