AI's impact on the workforce and the environment are making headlines, with studies revealing both its potential and its perils. Simultaneously, financial institutions are expanding into the blockchain space, while climate change continues to fuel devastating wildfires.
A recent study by researchers at the University of California at Berkeley found that AI tools are increasing worker productivity but may also be contributing to burnout. The research, published in the Harvard Business Review, examined a 200-person U.S. tech firm and discovered that employees using AI tools completed more work and tackled a wider variety of tasks. However, the study also indicated that this increased workload could lead to employee exhaustion.
In the financial sector, Robinhood announced the launch of a developer's version of its custom-built blockchain, Robinhood Chain, according to Fortune. The move, revealed at the Consensus event in Hong Kong, is part of the company's broader push into crypto-based financial services, including tokenized stocks. The testnet phase is currently underway, with the mainnet version expected to process customer transactions in the coming months.
Meanwhile, human-caused climate change played a significant role in the recent wildfires that ravaged parts of Chile and Argentina's Patagonia region, according to a study published on Phys.org. The study indicated that climate change made the extremely high-risk conditions that led to widespread burning up to three times more likely.
In other technology news, MIT Technology Review launched a new weekly newsletter series, "Making AI Work," to explore how generative AI is being used across various sectors. The newsletter will feature case studies, delve into the AI tools being used, and provide context on how other companies are employing the same systems.
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