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Blackstone’s AI Gets a Voice in Deals, but Not a Vote

Blackstone has introduced an artificial intelligence (AI) chief investment officer that reviews nearly every proposed investment alongside its human deal teams, giving AI a formal role in how the world’s largest alternative asset manager evaluates where to deploy capital. The system uses more than 14 years of Blackstone’s internal investment memos and committee debates to […] The post…

Blackstone’s AI Gets a Voice in Deals, but Not a Vote

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

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Is the RBA worried about AI and jobs

Assistant Governor (Economic), Sarah Hunter, gave an informative speech this week about whether the central bank sees AI as macroeconomic phenomenon.

  • RBA's Sarah Hunter worries AI may affect employment
  • Emerging signs show weaker hiring, especially among younger workers
  • Most firms in Australia haven't yet felt AI's impact on headcount

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