Chiefs defeat Brumbies 37-17
Herald NOW: Daily Sports Update: June 13 2025
Air NZ CEO Greg Foran speaks with Ryan Bridge on Herald NOW after Air India crash
Herald NOW: Daily News Update: June 13 2025
I'm in Texas to visit Amazon Web Service's computer chip design lab to see how it's preparing for an AI compute boom and competing with Nvidia.
Officials say the Boeing 787 aircraft had 242 passengers and crew on board when the accident occurred.
The ute careens out of the off-ramp onto Ngauranga Gorge, clipping a car travelling on SH1. Video / Luke Drabble
Footage captures lengthy queues for those heading home from Wellington CBD tonight after a crash on Ngauranga Gorge. Video / NZ Transport Agency Waka Kotahi
Animal skulls, flesh-eating beetles and good honest pessimism: the life and work of Bruce Mahalski. Video / Frank Film
MetService Severe weather - 12-14 June. Video / MetService
Anti-ICE demonstrations continued across several American cities and Finance Minister Nicola Willis criticised the Reserve Bank over Adrian Orr's resignation.
Fire and Emergency received a call for a house fire on Bucklands Beach Road at 8.40pm on Wednesday. Video / NZ Herald
Emergency services rushed to the South Auckland suburb of Favona after a freight train and truck collided yesterday around 7:45pm. Video / NZ Herald
The co-owner of the first PAK'nSAVE on 40 years of serving communities.
Behind the scenes at the Smokefree Rockquest Regional Finals in Manawatū.
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Techday NZ
a day ago
- Techday NZ
AI sparks new jobs as roles shift and evolve toward 2030
Artificial intelligence is not just changing job structures, but also giving rise to entirely new roles that could define the workforce in the coming decade. While recent headlines have highlighted job reductions driven by AI, such as the layoff of 9,000 employees at Microsoft, multiple industry observers suggest that the technology's long-term impact is equally about job transformation and creation. Debate on displacement Concerns about job loss due to AI-driven automation have dominated public discourse. A 2023 report from McKinsey projected that as many as 800 million workers worldwide may see their roles replaced or altered by automation by 2030. The same study noted, however, that artificial intelligence is also likely to generate more employment in areas where technology augments rather than replaces human effort, particularly in sectors involving complex problems, creativity, or decision-making. OpenAI Chief Executive Officer Sam Altman, discussing the shifting landscape, commented on the emergence of new types of work: a shift towards jobs requiring AI supervision, creativity, and advanced problem-solving skills. In remarks on AI's impact in office settings, Ford Chief Executive Officer Jim Farley predicted that artificial intelligence could result in the reduction of half of all white-collar positions. Farley added that such changes are likely to spur the creation of new forms of work centred on partnership between people and machines. "We're watching an evolution, not an extinction. AI is changing what humans do, not eliminating the need for them. The future workforce will be more hybrid, combining machine intelligence with human judgment," says Gavin Yi, CEO of Yijin Hardware, a global leader in precision CNC manufacturing. New roles on the horizon Industry experts and employers have begun outlining specific roles that artificial intelligence is likely to spawn by the end of the decade, with some already being advertised and filled. One such job is the prompt engineer. This position is focused on constructing detailed prompts that guide generative AI tools — such as ChatGPT — to produce desired outputs. Prompt engineers require a combination of logical reasoning, linguistic skill, and creative thinking. Organisations across technology, law, and education have started seeking out candidates for these roles. "Prompt engineering is to AI what coding was to the early days of the internet," says Yi. Another role gaining traction is that of the AI ethics officer. With artificial intelligence now having far-reaching applications in areas like credit assessment and criminal justice, companies are expected to need specialists who develop and monitor guidelines for fairness, transparency, and compliance with evolving international regulations. The interface between healthcare and technology is also expected to yield new jobs. The AI-assisted healthcare technician is envisioned as a professional able to operate and manage AI diagnostic tools, interpret data, and work directly alongside medical practitioners and patients. Manufacturing and logistics sectors are investing in intelligent machinery, but those systems require oversight. The AI maintenance specialist is likely to merge traditional mechanical expertise with a strong understanding of AI system behaviours. "The factory worker of tomorrow won't just hold a wrench. They'll monitor dashboards and algorithms too," Yi explains. There is also growing recognition of AI's environmental impact. The sustainable AI analyst is projected to focus on ensuring that artificial intelligence systems are developed and operated using minimal energy, maximising efficiency and supporting broader corporate sustainability objectives. Creative industries stand to be reshaped by artificial intelligence as well. The position of AI-enhanced creative director would blend human creative leadership with the use of machine-generated content, enabling experimentation at greater scale and efficiency. Finally, with artificial intelligence being integrated into daily work tools and public sector processes, the need for AI literacy educators is expected to rise. These professionals would be dedicated to instructing colleagues, students, and government personnel in effective and ethical use of AI technologies. Workforce adaptation Yi cautions against planning for roles that may soon vanish, stating: "In 2010, nobody trained to be a social media manager. By 2020, it was a core role in nearly every company," he says. "In 2025, we're already seeing new jobs emerge. The smartest thing anyone can do is pay attention to where AI is creating opportunity, not just where it's causing fear." He recommends prioritising skills such as problem-solving, adaptability, communication, and at least a basic knowledge of how AI systems operate, as these are likely to remain relevant. "AI won't kill jobs," Yi says. "But it will make some jobs feel obsolete. People who learn how to work with AI instead of against it will come out ahead."
RNZ News
2 days ago
- RNZ News
Nvidia briefly on track to become world's most valuable company ever
By Noel Randewich and Shashwat Chauhan , Reuters The Nvidia logo on a mobile phone, on 31 January, 2025. Photo: AFP/ Beata Zawrzel Nvidia (NVDA.O), opens new tab hit a market value of US$3.92 trillion, briefly putting it on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.4 percent to US$160.98 in morning trading, giving the company a higher market capitalization than Apple's (AAPL.O), opens new tab record closing value of US$3.915 trillion on 26 December, 2024. The shares were last up 1.5 percent at $159.60, leaving Nvidia's stock market value at $3.89 trillion, just short of Apple's record. Nvidia's newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara, California, company. Microsoft (MSFT.O), opens new tab is currently the second-most valuable company on Wall Street, with a market capitalisation of $3.7 trillion as its shares rose 1.7 percent to $499.56. Apple rose 0.8 percent, giving it a market value of $3.19 trillion, in third place. A race among Microsoft, (AMZN.O), opens new tab, Meta Platforms (META.O), opens new tab, Alphabet (GOOGL.O), opens new tab and Tesla (TSLA.O), opens new tab to build AI data centers and dominate the emerging technology has fueled insatiable demand for Nvidia's high-end processors. "When the first company crossed a trillion dollars, it was amazing. And now you're talking four trillion, which is just incredible. It tells you that there's this huge rush with AI spending and everybody's chasing it right now," said Joe Saluzzi, co-manager of trading at Themis Trading. The stock market value of Nvidia, whose core technology was developed to power video games, has increased nearly eight-fold over the past four years, from $500 billion in 2021 to now near $4 trillion. Nvidia is now worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data. The tech company also exceeds the total value of all publicly listed companies in the United Kingdom. Nvidia recently traded at about 32 times analysts' expected earnings for the next 12 months, below its average of about 41 over the past five years, according to LSEG data. That relatively modest price-to-earnings valuation reflects steadily increasing earnings estimates that have outpaced Nvidia's sizable stock gains. The company's stock has now rebounded more than 68 percent from its recent closing low on 4 April, when Wall Street was reeling from President Donald Trump's global tariff announcements. US stocks, including Nvidia, have recovered on expectations that the White House will cement trade deals to soften Trump's tariffs. Nvidia's swelling market capitalization underscores Wall Street's big bets on the proliferation of generative AI technology, with the chipmaker's hardware serving as the foundation. The sharp increases in the shares of Nvidia and other Wall Street heavyweights have left people who save for their retirements through widely used S&P 500 index funds heavily exposed to the future of AI technology. Nvidia now accounts for 7 percent of the S&P 500 (.SPX), opens new tab. Nvidia, Microsoft, Apple, Amazon and Alphabet together make up 28 percent of the index. "I strongly believe that AI is a greatly productive tool, but I am fairly sure that the current delivery of AI via large language models and large reasoning models are unlikely to live up to the hype," cautioned Kim Forrest, chief investment officer at Bokeh Capital Partners. Co-founded in 1993 by CEO Jensen Huang, Nvidia has evolved from a niche company popular among video game enthusiasts into Wall Street's barometer for the AI industry. The stock's recent rally comes after a slow first half of the year, when investor optimism about AI took a back seat to worries about tariffs and Trump's trade dispute with Beijing. Chinese startup DeepSeek in January triggered a selloff in global equities markets with a cut-price AI model that outperformed many Western competitors and sparked speculation that companies might spend less on high-end processors. In November of last year, Nvidia took over the spot on the Dow Jones Industrial Average formerly occupied by chipmaker Intel (INTC.O), opens new tab, reflecting a major shift in the semiconductor industry toward AI-linked development and the graphics processing hardware pioneered by Nvidia. - Reuters
Scoop
2 days ago
- Scoop
Forever-Occupation, Genocide, And Profit: Report Exposes Corporate Forces Behind Destruction Of Palestine
GENEVA (3 July 2025) – Israel's genocide against Palestinians is being sustained by a system of exploitative occupation and profit, a UN expert warned today in a new report to the Human Rights Council that reveals how corporate profiteering and monetary gain has enabled and legitimised Israel's illegal presence and actions. 'In the past 21 months, while Israel's genocide has devastated Palestinian lives and landscapes, the Tel Aviv stock exchange soared by 213 percent (USD), amassing $225.7 billion in market gains—including $67.8 billion in the past month alone. For some, genocide is profitable,' said Francesca Albanese, the UN Special Rapporteur on the situation of human rights in the Palestinian territory occupied since 1967. Albanese's report exposes the corporate infrastructure profiting from Israel's economy of occupation — and its deadly transformation into an economy of genocide. The report underscores how Palestine has become the epicentre of a global reckoning, exposing the failure of international business and legal systems to uphold even the most basic rights of one of the world's most dispossessed peoples. 'Corporate actors are deeply entwined in the system of occupation, apartheid and genocide in the occupied Palestinian territory,' the Special Rapporteur said. 'For decades, Israel's repression of Palestinian people has been scaffolded by corporations, fully aware of and yet indifferent to, decades of human rights violations and international crimes.' Forty-eight separate corporate actors, along with their parents, subsidiaries, franchisees, licensees and consortium partners across sectors are identified in the Special Rapporteur's report, including weapons manufacturers, technological corporations, financial institutions and construction and energy firms. Albanese found that these entities have failed their most basic legal responsibilities to exercise their leverage to bring an end to the violation at stake or terminate relations and disengage. Instead, they have treated Israel's illegal enterprise in the occupied Palestinian territory as ordinary economic activity—wilfully ignoring documented, systemic abuses, even as atrocities mounted after 7 October 2023. 'These actors have entrenched and expanded Israel's settler-colonial logic of displacement and replacement – and this is not accidental,' the Special Rapporteur said. 'It is the function of an economy built to dominate, dispossess, and erase Palestinians from their land.' The report named companies supplying F-35s, drones, and targeting tech that enabled 85,000 tons of bombs – six times the amount of Hiroshima – to be unleashed on Gaza. It highlighted tech giants that have set up R&D hubs and data centres in Israel, using Palestinian data for AI warfare, fueling what Albanese calls a 'livestreamed genocide.' The report points to energy giants having fuelled Israel's blockade, while construction companies continued to supply the equipment that has turned Gaza to rubble and prevented the return and reconstitution of Palestinian life. Even seemingly neutral actors – tourism sites, supermarkets, and universities are normalising apartheid and the systematic erasure of Palestinian life, the Special Rapporteur's report found. 'This report shows why Israel's genocide continues: because it is lucrative for many,' Albanese said. She warned that the International Court of Justice 2024 rulings and the ICC arrest warrants should have put all actors—including corporations—on notice. 'The serious, structural and sustained nature of Israel's crimes and violations triggered a prima facie responsibility to disengage — one that many corporations ignored,' she said. 'Corporate fixation on narrow technicalities and isolated violations rather than confronting the structural illegality of their ties to Israel's occupation is disingenuous,' she said. Albanese urged member states to impose a full arms embargo, suspend trade and investment agreements, and hold corporate entities accountable for violations of international law. 'Meanwhile, corporations cannot claim neutrality: they are either part of the machinery of displacement—or part of dismantling it.' 'Palestine is a mirror held up to the world's moral and political failures,' she said. Recalling reckonings over corporate complicity in apartheid South Africa and Nazi Germany, Albanese said Palestine today represents a defining moment of whether global markets can exist without promoting and profiting from injustice and impunity. 'Ending this genocide requires not only outrage but rupture, reckoning, and the courage to dismantle what enables it.'
