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AI poised to replace entry-level positions at large financial institutions

CIO

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report.

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10 highest-paying IT skills for 2024

CIO

IT has always been known as a lucrative industry for job seekers, but in the past year, with increased layoffs, some of that confidence has wavered. According to a report from Indeed , a large part of this shift has come as organizations focus more on adopting AI in the workplace.

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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

There is a promising surge in the use of AI technologies across various industries. Many organizations hesitate to commit the necessary resources, slowing the integration of AI capabilities,” he said. However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey.

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Addressing cloud waste: 4 steps to cloud computing cost optimization

CIO

The Azul State of Java Survey and Report 2023 , an independently run study of more than 2,000 Java users, found that 90% of companies with applications built in Java, the most prominent programming language used to build enterprise applications, are deploying in a public, private, or hybrid cloud environment.

Cloud 293
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Burnout: An IT epidemic in the making

CIO

The wake of the COVID-19 pandemic, mass tech industry layoffs, and the demand to keep pace with constantly evolving technology are all prominent factors contributing to a state of exhaustion among IT pros, according to industry surveys. The 2023 IT salary report from Robert Half reinforces these findings.

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How the new AI executive order stacks up: B-

CIO

While it addresses a broad spectrum of objectives for the AI ecosystem and builds upon previous directives related to AI, it is not without its challenges, notably a lack of accountability and specific timelines alongside potentially over-reaching reporting requirements. Thus, additional clarity around reporting of deep R&D is needed.

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Amazon downsizes AWS in a fresh cost-cutting round

CIO

In terms of competitive positioning, Microsoft and Google posted strong year-on-year growth, with Microsoft increasing its global market share by nearly two percentage points from the previous year’s fourth quarter, according to a report by Synergy. Amazon Web Services, Technology Industry

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