Good morning, the serving sizes aren't the only thing down by 67% at Chipotle. They're now using a bot named Ava Cado to screen applicants. Cost to hire savings don't seem to have been passed on to the customer yet. We reviewed 621 articles for this edition. These are the ones you should know.
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🔥 Today's stories
1. Chipotle Uses AI Bot 'Ava Cado' to Hire Employees
Their COO says Avo Cado has cut the hiring process down from 12 days to just 4. The AI bot handles the screening and initial vetting of applicants.
2. OpenAI Launches New Codex Tools for White-Collar Work
Six new plug-ins directly target tasks in data analytics, sales, design, and investment banking. Let me know if you've tried it out yet. I'll be testing soon.
3. AI-Driven Labor Displacement Risks to Remain Low in Near Term, Bridgewater Says
The world's largest hedge fund says constraints on computing capacity and strong economy will reduce AI impact in the short term. They do warn an unexpected economic shock could accelerate job disruption.
4. Survey Finds AI Adoption Among Tax Firms Has Nearly Doubled in One Year
Over 1,000 tax professionals in the US surveyed. 60% say they use AI for tax research at least weekly. Same survey was at 33% last year.
5. Large Employers are Hiring Much More than Small Employers
Job openings at the nation's largest companies have surged, creating a lopsided labor market. Meanwhile, smaller employers—who traditionally make up the bulk of hiring—are struggling to keep pace with the aggressive recruitment drives of corporate giants.
6. Around 3/4 of Doctors Now Use AI Regularly
This is up from 38% last year. Nurses are now at 70% vs 46% last year. There's growing concern in health care that clinicians will start losing critical thinking and decision making skills. Most common use case is to summarize medical literature followed by medical literature based discovery.
⚡ Also worth knowing
Mercor's CEO Says It Now Spends More on AI than Employees: AI guy pumping AI here but still interesting, I think.
Microsoft Launches AI That Works Like an Executive Assistant: Microsoft's new workplace AI is designed to function as an executive assistant.
We see more and more evidence of AI adoption rapidly increasing.
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Leo @ AI Takeover Tracker