Author: Editor

Children need three things to thrive in the AI era, says famed futurist Peter Diamandis. Loading audio narration… The serial entrepreneur and author of the newly published “We Are As Gods: A Survival Guide for the Age of Abundance” told Business Insider the skills and traits he’s trying to instill in his twin teenage sons.The founder of the XPRIZE Foundation and host of the “Moonshots with Peter Diamandis” podcast urged parents to help their children find their “massive transformative purpose” in life.Diamandis said he felt “lucky” to have pinpointed space as his purpose at a young age, and was “thankful” to…

Rather than wait to find out if AI will replace me, I built my replacement.Big Tech execs say AI might take our jobs, it might lighten our workloads, or it might put us into new jobs we didn’t imagine. A recent Goldman Sachs report estimates that about 7% of workers will be displaced by AI over the next decade. Too anxious to wait until 2036, I wanted to see how close AI could get to taking my job as a reporter in 2026 — hoping it was many, many years away.I took an AI agent trained on my voice, which…

This as-told-to essay is based on a conversation with Kira Bella, 25, the CEO of Kirameki, an experiential travel company in Japan. It’s been edited for length and clarity. Loading audio narration… After graduating from college, I made plans to travel indefinitely, and I began with a year visiting 16 countries across Asia and Europe — but Japan checked all the boxes for me in a way that nowhere else did.I moved there on a 6-month working holiday visa and kept extending it. During that time, I found a few jobs and traveled around the country.I became especially interested in…

Disney is reducing the amount of stock-based compensation that some tech employees can earn, Business Insider has learned. Loading audio narration… Two Disney software engineers said the ceiling for their potential long-term incentive awards — restricted stock units tied to performance that vest semi-annually over three years — is being cut to 25% of their base salary, down from 35%.”There’s no way to sugarcoat it — this is a reduction in your total compensation,” a director recently told one of the tech employees, according to a recording of the conversation obtained by Business Insider.This director said the change in stock-based…

Rivian Automotive on Thursday said it has renegotiated a $6.57 billion loan from the U.S. Department of Energy down to $4.5 billion and is adjusting its production expectations at an under-construction plant in Georgia.The DOE loan was previously set to support two phases of production for a total of 400,000 units annually. The amended loan covers one phase of production with a total capacity of 300,000 vehicles, the company said Thursday.The changes enable Rivian to draw on the loan sooner and have greater initial production but lowers its total production capacity for the plant amid uncertain demand for all-electric vehicles.The…

President Donald Trump signed an executive order on Thursday designed to broaden workers’ access to retirement plans if their employers don’t supply them. Loading audio narration… As part of the executive order, the Trump administration announced plans to match contributions to a retirement plan for up to $1,000 a year for eligible lower-income workers who lack an employer-provided retirement plan. The executive order builds on the Saver’s Match of the SECURE 2.0 Act, which gives workers a 50% refundable match on up to $2,000 annually in retirement contributions for eligible workers making under $35,500 and will go into effect in…

A potential pullback by Middle East sovereign wealth funds could drain hundreds of billions of dollars from the artificial intelligence boom and threaten key data center projects, according to tech investor Jack Selby.Middle East investors — including sovereign wealth funds and government entities — account for roughly a quarter of global investments committed to AI over the next five years, said Selby, managing director of Peter Thiel’s family office, Thiel Capital. If the war in Iran drags on, and the United Arab Emirates, Saudi Arabia and other countries divert their investments to rebuilding at home, the lost capital could ripple…

When Silvio Pfeufer first got into cheffing, he was surprised by the amount of administrative work involved. Loading audio narration… “It’s not only the evening, sending nice plates to guests. There’s a lot of stuff to do to make that happen,” Pfeufer told Business Insider. He took long phone calls from food suppliers and producers that kept him away from the kitchen.Sourcing and buying food is a process riddled with disorganization, since farmers, wholesalers, logistics providers, and restaurants communicate in different ways — by phone, email, text message, and PDF blast — starting as early as 4 a.m. The cost…

It’s time to welcome back two social networks we once loved: Friendster and Vine. Loading audio narration… After shutting down in the 2010s, the two social media platforms are rising from the dead this week.Both of the apps, however, are Frankenstein versions of their predecessors. Neither is being resurrected by its original founders, and the app design and experiences differ from the original platforms.Nostalgia for a simpler internet, especially for those who remember the early days with rose-colored glasses, is partially fueling this resurgence.Evan Henshaw-Plath — who goes by Rabble — is the early Twitter employee behind the Vine reboot, DiVine.…

Fears of a looming software crisis in the age of generative AI have driven private credit’s stint in the headlines. Loading audio narration… But while everyone is focused on a redemption rush in private credit, Blue Owl said the real concerns lie in equity portfolios during its first-quarter earnings call.”Today, by and large, the question at hand is really an equity question, not a debt question,” Marc Lipschultz, co-CEO of Blue Owl, said. Blue Owl doesn’t have a private equity arm heavily invested in software, but it is a major lender to software companies.That’s by design, said Lipschultz, meaning that the firm’s…