Your email has been successfully added to our mailing list.

×
-0.00027667337714256 -0.00146896748858533 -0.00418984379418556 -0.00474013338408226 -0.00532099461786209 -0.00573676897467299 -0.00506113564485538 -0.00506113564485538
Stock impact report

AI won't hollow out white-collar jobs, it will fuel growth — says Box CEO Aaron Levie [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Industry leaders remain divided on whether AI will reshape or eliminate white-collar work. Some tech leaders and AI researchers have predicted that AI will hollow out white-collar jobs. But Aaron Levie, the cofounder and CEO of cloud-storage giant Box, believes it will push companies to do far more work. In a LinkedIn post on Sunday, Levie said AI will sharply reduce the cost of knowledge tasks such as writing code and reviewing contracts. As those tasks get cheaper, he said, companies will take on more projects that were previously too expensive or complex to justify, and, ultimately, create jobs rather than eliminate them. To explain why, Levie pointed to economist William Stanley Jevons. In 1865, Jevons observed that more efficient steam engines didn't curb coal use in England but drove it higher, as cheaper energy fueled new industries — a dynamic now known as the Jevons paradox. Levie said the same pattern has repeated itself in computing, with each major wave of c Show less Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JPM alerts
Opt-in for
JPM alerts

from News Quantified
Opt-in for
JPM alerts

from News Quantified