Newsletter: Signs of the Tech Revolution #30
Welcome to this week’s Signs of the Tech Revolution newsletter, where we highlight the latest advancements in technology and their impact on global markets and industries.
From Google’s groundbreaking integration of AI and robotics, through three tech giants’ commitment to expanding nuclear power, to skills gaps and market uncertainty leading to growth in IT unemployment, the tech landscape is changing at a rapid pace.
Interestingly, the rise of cybersecurity threats that utilize AI to become more and more sophisticated caused security experts to also turn to utilizing AI for protective measures.
Dive in as we explore these developments and more to stay informed and ahead in the ever-changing world of technology.
News #1: Google’s Gemini Robotics integrates AI with robotics
Google DeepMind released Gemini Robotics, which integrates its advanced large language model (LLM) with robotics. The model provides robots with improved dexterity, the ability to understand natural-language commands, and better generalization across tasks.
Traditionally, robots struggled to perform well in unfamiliar scenarios. Gemini aims to overcome this limitation. The integration allows robots to execute complex tasks more efficiently without extensive training. Gemini-powered robots completed tasks such as putting bananas in a container, folding glasses, and performing origami based on verbal instructions.
News #2: Tech Giants to Support Nuclear Power
Tech giants Amazon, Google, and Meta have pledged to support the tripling of nuclear power by 2050. Their promise of involvement in this area aligns with commitments adopted at the U.N. Climate Change Conference in December 2023 by over 20 countries and backed by prominent financial institutions, including Bank of America and Goldman Sachs.
While, technically, the pledge remains nonbinding, it emphasizes a growing consensus on the importance of nuclear energy among technology companies, governments, and the financial sector. Along with enhancing their artificial intelligence capabilities, Amazon, Google, and Meta recognize the need for a diversified energy portfolio that includes nuclear power to reliably meet the growing energy demands of the tech sector.
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News #3: Cybersecurity Experts Turn to AI to Combat AI-Powered Attacks
Malicious actors have been quick to adopt AI models into their toolkits and are now using them to enhance the speed and scope of their attacks. And the growing popularity of AI-backed cyber attacks renders traditional detection methods insufficient. In response to these AI-driven attacks, leading organizations invest in increasing cybersecurity automation and start to leverage AI tools as well - to anticipate potential threats.
Modern cyberattacks utilize AI to act more quickly when trying to breach an enterprise’s defenses and remain undetected for longer. Moreover, AI-powered malware is more dangerous than its predecessors, as it is capable of rapidly changing its own code, which necessitates similarly adaptive defense mechanisms. Fortunately, so far, using self-learning AI tools to combat AI-backed attacks has proven effective in addressing these threats.
News #4: Unemployment in IT still grows despite new AI jobs
Despite approximately 177,000 new tech jobs across industries and a surge in AI hiring, IT unemployment in the US rose to 3.3% in February. While it’s still below the overall national unemployment rate (which also rose last month - to 4.1%), it is also the highest percentage since layoffs in the tech sector in August 2024.
With approximately half a million active job postings for tech roles, experts say the increase in IT unemployment must result from various factors. Market turmoil and uncertainty compel companies to adopt a “wait-and-see” approach to hiring. Moreover, CIOs recognize that their modernization plans depend on acquiring high-demand skills like AI and data science, and talent shortage in these areas influences their talent strategies.
Other News
- Google announces a new lightweight AI model designed for phones and laptops - Read more
- Intel shares surge 12% after appointment of new CEO Tan - Read more
- Broadcom’s infrastructure software revenues rose by 47% year-over-year - Read more
- DeepSeek’s AI breakthrough has resulted in growth of interest in Chinese tech firms among investors - Read more
- Adobe shares fall 4% as the company struggles to monetize its AI products - Read more
- Abu Dhabi-backed investor becomes a minority shareholder in a leading cryptocurrency exchange Binance with $2 bln investment made in stablecoin - Read more
- Oracle expands its cloud coverage and aims to double its capacity this year - Read more
- The New York-based AI collective Nous Research launches a new Inference API to make its AI models more accessible - Read more
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