Aishe News

Preview of Wednesday (26.07.2023): Yawning boredom or wild surprises? The US Dollar is keeping us all in suspense as we await Interest Rates Wednesday! The Federal Reserve has announced a 25 basis points increase in interest rates on Wednesday. However, instead of the financial world vibrating with excitement, the dollar seems to be still asleep. Perhaps it has decided on a Wednesday snooze, who knows! Nevertheless, some brave investors can't resist and have already placed their bets against the dollar. As if they think the dollar could be an egg hitting the floor during breakfast - inevitable! Yet, the truth is, the dollar is still waiting to see what the future holds. The sluggish US inflation plays the leading role in this financial drama. Money managers are wondering if they need to prepare for a sensation or if the dollar will just keep dozing. Pension funds, insurers, and mutual funds haven't quite made up their minds about getting in on the interest rate game. Some s...

Artificial intelligence (AI) has been gaining more attention in recent years, and the investment bank Goldman Sachs is one of the companies that see great potential in its rise. According to a new report from the bank, AI could change 300 million jobs worldwide. Goldman Sachs predicts that 7 percent of jobs could be replaced by AI Goldman Sachs predicts that 7 percent of jobs could be replaced by AI, and 63 percent could be augmented by it. The impact of AI is expected to vary across different industries, with office workers and academic professions being particularly affected in Europe. Between 35 and 45 percent of work tasks could be automated in these sectors. The situation is different for plant and machine operators, as well as for craft trades, where AI is less likely to be able to perform the required tasks. On average, Goldman Sachs predicts that 24 percent of work tasks could be automated in the future. The rise of AI is not all doom and gloom for workers, though. Goldman...