Free Republic

Artificial intelligence adoption could lead to significant job struggles for entry-level workers as companies boost productivity, according to ServiceNow CEO Bill McDermott. McDermott told “Squawk on the Street” on Friday that unemployment for new college graduates “could easily go into the mid-30s in the next couple of years.” Across industries, businesses are slashing costs and cutting jobs with the help of new AI tools. Last month, Block announced plans to cut nearly half its workforce as AI automates more work. Meanwhile, software firm Atlassian, which has seen its stock dive 54% this year on AI disruption fears, said this week...

ChatGPT Agents can assist with crypto trading in 2025 by automating research and analysis, while keeping users in control through built-in safety features. Key takeaways ChatGPT Agent can automate crypto trading tasks like research, charting and strategy execution. It integrates real-time data, onchain metrics and sentiment analysis into a single workflow. While powerful, it requires human oversight to avoid hallucinations, API errors or security risks. Multi-agent systems may reshape crypto trading, but strategic judgment remains essential. On July 17, 2025, OpenAI launched ChatGPT Agent. It’s a milestone in AI automation that merges ChatGPT’s real-time web-browsing “Operator,” deep analytical tools and...

Payment card giants Visa and Mastercard have announced plans to integrate with AI “agents,” enabling them to make purchases on users’ behalf by accessing their credit card information. According to Visa, the agents would verify purchases with users at first, but would gain more autonomy over time. AI agents, or “personal assistants,” are advanced versions of popular chatbot large language models (LLMs). They are designed to simplify users’ lives by taking over critical functions across work and day-to-day life. So far, progress on these AI agents has been slow, with little to show for it. However, the payment card companies...