A hot potato: The rise of generative AIs such as ChatGPT looks set to revolutionize many industries, but as with any type of automation, it comes at the cost of jobs. According to research by bank Goldman Sachs, these systems could replace a quarter of work tasks in the US and Europe, the equivalent of 300 million jobs.
The big picture: In case you weren't paying attention, Apple is now a bank. I jest, but only a little. It started with the Apple Card, and now the tech giant wants to hold your money, too. Of course, it is completely optional, but it does have some advantages if you are already an Apple cardholder.