AI Is Everywhere But the Jobs Data
This weekend we've got new data on AI and the labor market, the surprising macroeconomic impact of a futuristic city in Saudi Arabia and a check-in on Ukraine prediction markets. Plus, the end of breakfast.
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Associated Press
29 minutes ago
- Associated Press
From Decks to Done: Morris Enterprises Unveils Execution-First Model for the AI Era
Operators + AI systems installed inside client teams to drive compounding growth. Sarasota, Florida, August 10, 2025 -- Morris Enterprises today unveiled its innovative execution-first consulting model designed specifically for the AI era. The firm embeds senior operators inside client teams and installs AI-powered revenue systems that drive measurable, rapid growth for mid-market B2B companies. The focus is on delivering actionable results, not theoretical advice, making the approach ideal for organizations that need speed, accountability, and operational systems. 'Strategy is easy. Execution is everything,' said Tamir Morris, Founder & CEO of Morris Enterprises. 'The market moves too fast for 100-page decks. We build the engine with you — sales, RevOps, AI — and we stay until it's producing results.' The Execution Model (Not Another Deck) At the heart of Morris Enterprises' approach is the proprietary M.E. Architecture™, a practical framework that aligns three key layers into one compounding system designed for rapid growth: Rather than offering advisory services from the sidelines, Morris Enterprises installs multi-stage CRM and RevOps pipelines, outbound systems, predictive lead-scoring, SDR programs, and forecasting dashboards. The firm then runs the weekly operating rhythm alongside client leadership, ensuring that every step of the process is actively managed and optimized for results. Why Now As the business landscape evolves at a rapid pace, executives face a growing 'execution gap.' Transformations often stall, sales cycles extend, and AI remains an afterthought or is bolted on instead of integrated. Morris Enterprises aims to close this gap by embedding AI as the backbone of every solution, automating processes, surfacing risks in real time, and compressing decision-making cycles across go-to-market strategies. 'We embed AI into the core of every system we build,' said Morris. 'It's not an add-on — it's the engine that drives everything from predictive lead scoring to operational efficiency, which ultimately speeds up decision-making and revenue growth.' Proof in Outcomes Morris Enterprises has already delivered impressive results for clients in a variety of industries. Recent engagements have shown: Morris added, 'We're not here to provide more frameworks. If it doesn't move revenue, it doesn't ship.' Roadmap Morris Enterprises is on track to achieve $2M in annual recurring revenue (ARR) by the end of 2025. The company plans to expand its operator network and strategic partnerships while working toward a long-term vision of building the execution infrastructure behind the world's fastest-growing companies. Why Morris Enterprises Stands Out Morris Enterprises is changing the way businesses approach growth. Here's how the firm differentiates itself: About Morris Enterprises Morris Enterprises is an execution-first consulting firm that embeds experienced operators inside mid-market B2B companies to build and scale revenue systems. Using its proprietary M.E. Architecture™, the firm integrates sales, marketing, RevOps, and AI into one cohesive operating model that drives measurable outcomes quickly. The company specializes in helping businesses with annual revenues of $5M to $50M scale rapidly and sustainably. Learn more at Media Contact Tamir Morris Founder & CEO, Morris Enterprises Email: [email protected] Website: LinkedIn: Morris Enterprises LinkedIn: Tamir Morris Contact Info: Name: Tamir Morris Email: Send Email Organization: Morris Enterprises Website: Release ID: 89166869 Should you identify any discrepancies, concerns, or inaccuracies in the content provided in this press release or require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team is committed to addressing your concerns within 8 hours by taking necessary actions to resolve identified issues diligently or guiding you through the necessary steps for removal. Our dedication lies in providing accurate and reliable information.
Yahoo
an hour ago
- Yahoo
Stock market pullbacks will be 'short-lived': Wall Street sees AI, rate-cut optimism fueling rally
President Trump's tariffs weren't enough to derail the stock market rally last week as the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) continued to hover near record highs. Wall Street strategists point to other factors fueling the major averages higher: optimism over the AI trade and expectations that the Federal Reserve will cut rates in September. "August could very well be a little bit of a volatile month," Gargi Chaudhuri, BlackRock chief investment and portfolio strategist for the Americas region, told Yahoo Finance on Thursday morning. "I don't know that any pullbacks we see in the market will be long-lived. I think they'll be short-lived in nature," she added, highlighting that investors may want to add short-term, fixed-income investments to their portfolios as a way to diversify. Even as Trump's tariff deadline landed on Thursday, with imports from nearly 200 countries now facing duties ranging from 10% to 50%, strategists downplayed longer-term risks to equities. Read more: The latest news and updates on Trump's tariffs "Our base case remains that the US effective tariff rate will settle at around 15% — enough to weigh on growth and lift inflation, but not enough to derail the US economy or the equity rally," said Ulrike Hoffmann-Burchardi, global head of equities at UBS Global Wealth Management. Strategists also point to companies' ability to navigate the tariff front, with heavyweights like Apple (AAPL) and TSMC (TSM) receiving exemptions due to their US investment commitments. "On a margin and short term, sure, the tariffs will affect earnings," Rockland Trust vice president and portfolio manager Michael Sayers told Yahoo Finance. "But once the tariffs rates are finally set, then it will be a one-time adjustment to company earnings, and then I think long-term fundamentals will take over." Overall earnings have come in strong this season, with roughly 82% of the companies that reported beating estimates, according to Bloomberg data. Wall Street has its eyes set on the AI trade, which has led the market. Data analytics firm Palantir (PLTR) saw its market cap balloon past $420 billion this week after posting a boom in revenue and contracts. Bullishness around AI followed strong quarterly results from software and cloud leader Microsoft (MSFT), social media giant Meta (META), and cloud and search engine provider Alphabet (GOOGL, GOOG), all among the biggest data center spenders. "I think the big story that's driving the market, as it very well should, is how the large-cap, quality tech and friends — if we can call it that name — continue to have absolutely stellar earnings growth," said Chaudhuri. Wall Street strategists also anticipate that if an inflation print coming out next week shows cooling price increases, the Federal Reserve will increasingly lean toward cutting interest rates in September against a backdrop of a slowing job market. "The Fed is likely to be able to resume their rate-cutting cycle. I think the market takes a lot of relief from that," added Chaudhuri. Ines is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
I Asked ChatGPT If Universal Basic Income Could Replace Social Security: Here's What It Said
It's a straightforward thought, and, at first glance, it seems reasonable: replace Social Security with a universal basic income (UBI). It not only could help lower-income retirees live more comfortably in their later years and erase retirement fears, but also could lift lower-income Americans out of poverty for life. Read Next: Check Out: But would it work? GOBankingRates asked ChatGPT if universal basic income could replace Social Security, and here's what it said. First Thoughts From ChatGPT When asked the straightforward question, with no background in the prompt, 'Could universal basic income ever replace Social Security?' ChatGPT offered a simple, well-organized answer. 'That's a big, fascinating question — and the short answer is: not easily, and not anytime soon,' it said. However, it added, 'UBI isn't a miracle cure or a looming catastrophe — it's a tool with real potential, if designed carefully and funded wisely.' It went on to explain why. Explore More: Social Security vs. UBI, According to ChatGPT First, ChatGPT succinctly explained the differences between the programs. 'Social Security is a targeted social insurance program, funded by payroll taxes, that provides retirement, disability and survivor benefits,' it said. On the other hand, UBI is a universal cash transfer, where 'everyone gets the same amount, regardless of income or work history.' Replacing Social Security with UBI would require a paradigm shift. 'Replacing Social Security with UBI would mean shifting from an earned benefit model to a universal entitlement, which is a huge philosophical and political leap,' ChatGPT said. Expert Thoughts Forbes writer Cornelia Walther, Ph.D., an AI researcher, explored how technology could assist in UBI distribution. Yet, she acknowledged in a recent article that UBI acceptance requires 'a foundational human shift.' 'It requires a societal commitment to move beyond paradigms of scarcity and competition,' she wrote. Will People Stop Working With UBI? ChatGPT was then asked this question: 'If there is a universal basic income, will people want to work less?' ChatGPT responded that there have been many studies done with UBI pilots and similar programs, which largely showed that 'most people don't stop working, but some do adjust how they work.' ChatGPT cited several real-world examples from Finland, Canada, California and Alaska, with the takeaway, 'The evidence shows reductions are modest and often socially beneficial.' Expert Thoughts The world's largest study to date, funded partially by Sam Altman, conducted by OpenResearch and reported by the National Bureau of Economic Research, contradicted previous findings. In the study, 1,000 low-income individuals received $1,000 per month for three years. A control group of 2,000 people received $50 per study found that labor market participation decreased by 2 percentage points and participants worked roughly 1.3 to 1.4 fewer hours per week. Partners of participants also reduced their work time similarly. Participants actually earned $1,500 less each year, after accounting for the UBI deposits. Unemployment lasted 1.1 months longer for those receiving the $1,000 monthly check, which seemed to contradict prior research. Nevertheless, the bulk of research, as ChatGPT accurately cited, showed increases in life satisfaction and overall health. The Costs ChatGPT dug into the numbers to address the next challenge: costs and how to pay for UBI. 'Social Security is expensive already, but UBI would dwarf its cost,' it said. Citing figures from the Social Security Administration, it said that Social Security outlays for Supplemental Security Income and Social Security Disability Insurance would total roughly $1.5 trillion in 2025. 'Unless UBI replaced all major welfare programs, the U.S. would need massive new taxes or deficit spending,' ChatGPT said. Expert Thoughts Teddy Ganea, a writer at The Stanford Review, shared that it's entirely possible to implement a UBI of $18,000 per year, at minimum, that could 'end poverty overnight.' The program would phase out gradually for higher-income individuals. Ganea explained that a UBI that provides roughly $9,000 on average in assistance to the 75% of Americans who made less than $75,000 in 2024 would cost less than the $2.5 trillion currently spent on programs like Medicaid and welfare. The cost would even leave enough to 'bolster underfunded programs like Social Security or education,' Ganea wrote. Bottom Line In the ultimate irony, just as ChatGPT shared reasons UBI is impractical, Ganea pointed to the same generative AI as a catalyst for UBI. 'Maybe ChatGPT's greatest achievement won't be in automating coding or customer service,' Ganea wrote. 'Perhaps it will be that, in stoking fears of automation, it paved the way for UBI.' More From GOBankingRates New Law Could Make Electricity Bills Skyrocket in These 4 States I'm an Economist: Here's When Tariff Price Hikes Will Start Hitting Your Wallet 5 Strategies High-Net-Worth Families Use To Build Generational Wealth How Far $750K Plus Social Security Goes in Retirement in Every US Region This article originally appeared on I Asked ChatGPT If Universal Basic Income Could Replace Social Security: Here's What It Said
