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Top 3 financial times News Today

#1
Investing legend Mohamed El-Erian gives 3 reasons why the US job market will continue to lag a booming economy
#1 out of 33.4K est. views
business1d ago

Investing legend Mohamed El-Erian gives 3 reasons why the US job market will continue to lag a booming economy

  • Economy grows strongly while hiring lags, signaling an unusual decoupling.
  • El-Erian ties the gap to AI adoption and front-running in workplaces.
  • Policy and uncertainty may restrain hiring longer than expected.
  • Past patterns of divergence appear in 90s and post-crisis periods, but timing differs.
  • Forecasts warn of a potential 'jobless growth' phase as AI disrupts work.
  • Global hiring impact projected by major banks and AI advocates.
  • GDP growth remains robust despite weaker job gains.
  • Technological adoption and policy choices could shape the labor outlook.
  • Experts see possible weaker labormarket in 2026 amid AI disruption.
  • AI and robotics adoption could redefine hiring needs long-term.
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#2
Nigel Farage's sneering response to a journalist when she asked about Reform's education policy came straight from the Donald Trump playbook, and the internet saw right through him
#2 out of 31.0M est. views
politics6h ago

Nigel Farage's sneering response to a journalist when she asked about Reform's education policy came straight from the Donald Trump playbook, and the internet saw right through him

  • Farage refused to answer a Financial Times question on Reform UK's education policy, drawing Trump-like criticism.
  • The incident sparked online debate about media questions and how a potential Reform UK government might handle scrutiny.
  • Commentators noted the absence of a Health Secretary in Farage's Shadow Cabinet amid questions about NHS policy.
  • Social media reactions from journalists and commentators criticized the confrontational tone of Farage's response.
  • The Poke compiled multiple responses from journalists describing the moment as a Trump-like act.
  • Farage's team maintained the focus on the policy question despite the hostile reception from some reporters.
  • The exchange occurred as Farage unveiled his 'shadow cabinet,' highlighting the political theater around Reform UK's leadership.
  • Online commentators referenced Brexit-era politics to compare Farage's tactics with Trump.
  • The article notes potential implications for Reform UK if questioned about education and NHS plans in government.
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#3
Perplexity Abandons AI Advertising Strategy Over Trust Worries
#3 out of 3562.0 est. views100.00%

Perplexity Abandons AI Advertising Strategy Over Trust Worries

  • Perplexity stops AI advertising due to concerns it could erode user trust, distancing itself from sponsored answers.
  • The company says it has no plans to revisit AI advertising, aligning with a trust-first stance.
  • OpenAI recently moved to show ads to free-tier users, highlighting a contrast with Perplexity’s approach.
  • Anthropic argues ads in Claude would clash with its mission of work-focused help and deep thinking.
  • Industry-wide trend shows AI advertising as a potential revenue path amid rising model costs, with unclear profitability.
  • Perplexity’s stance signals emphasis on trust over quick monetization in AI tools.
  • MacRumors notes Perplexity’s ad retreat came after earlier experiments with sponsored answers.
  • Google’s AI advertising presence contrasts with the ongoing debate over ads in AI chat interfaces.
  • The article highlights rising costs of training large language models as a profitability challenge.
  • The piece notes industry perspectives from rivals and the debate over monetization strategies.
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