OpenAI, SpaceX investor funds went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges in charges against private fund advisersOne fund manager allegedly paid his 4 a.m. strip club bill from fund capital after his card was declined.Fortune7d agoWhole story →TechnologyEconomysec charges against fund advisers
Entry-level jobs were actually secret apprenticeships all along, and AI just cut the subsidyWharton professor Patrick Harker was president of the Federal Reserve Bank of Philadelphia for a decade. He knows what a tight labor market looks like.Fortune12d agoWhole story →TechnologyEconomy
Fortune Tech: GM’s CarPlay backtrack, crypto framework fails, AI’s four-day workweekPlus: Apple, Elon Musk, Google, Meta, Nvidia, OpenAI, and who's speaking at the Fortune AIQ Summit in NYC on Oct. 1.Fortune21d agoWhole story →TechnologyEconomy
Bernie Sanders says if AI is coming for workers, it should bring a four-day workweek with itBernie Sanders and Mark Takano want AI productivity gains to help deliver a 32-hour workweek without cuts to workers’ weekly pay or benefits.Fortune22d agoWhole story →TechnologyEconomyMark TakanoHR 1032332 hour workweek bill reintroduction
