
Wealth Wise - What sort of a leader are you?
Wealth Wise
It's a complex and fast-evolving world. We're navigating a post-COVID environment, rising geopolitical tensions, disruptive technologies like generative AI, and a workforce that's increasingly asserting control over how they want to be managed. We're talking about leadership styles — what works, what doesn't, and what needs to change. Lance Alexander speaks with Kirsty Poltock, Country Manager at Robert Walters Singapore.
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CNA
18 minutes ago
- CNA
Amazon loses an AWS generative AI boss as tech talent shuffle heats up
SAN FRANCISCO :Amazon's AWS recently lost a key vice president helping oversee generative artificial intelligence development as well as the company's Bedrock service, as the competition for talent heats up. Vasi Philomin told Reuters in an email that he left Amazon for another company, without providing specifics. A company spokesperson confirmed that Philomin had recently left after eight years with Amazon. Philomin helped lead generative AI efforts and product strategy, and oversaw foundation models known as Amazon Titan. The spokesperson said Rajesh Sheth, a vice president previously overseeing Amazon Elastic Block Store, had assumed some of Philomin's responsibilities. Philomin left Amazon earlier in June. In his biography, Philomin said he helped create and lead Amazon Bedrock, a hub for using multiple AI models and one of AWS's premier products in its battle for AI supremacy. He was a frequent speaker at AWS events, including Amazon's annual cloud computing conference in Las Vegas. An Amazon spokesman noted that there are other vice presidents at AWS who also work on generative AI projects. Amazon is working to bolster its reputation in AI development, after rivals like OpenAI, and Google have taken an early lead, particularly with consumer-focused models. The Seattle-based online retailer and technology powerhouse has invested $8 billion in AI startup Anthropic and integrated its Claude software into its own products including a new revamped version of voice assistant Alexa that it's rolling out to customers this year. In December, Amazon introduced its Nova AI models which provide for text, video and image generation. Earlier this year, it added to the lineup with a version called Sonic that can more readily produce natural-sounding speech. Companies are employing creative techniques to hire top AI talent, including using sports industry data analysis to help identify undiscovered talent, Reuters reported last month. As a result, compensation has skyrocketed for some. However, as Amazon races to produce more advanced AI, it said it expects its own success will lead to fewer corporate jobs, according to a memo from CEO Andy Jassy last week. Job growth limits will be driven in particular by so-called agentic AI, which can perform tasks with minimal or even no additional input from people. "As we roll out more Generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today and more people doing other types of jobs," Jassy wrote.


Independent Singapore
38 minutes ago
- Independent Singapore
Burnt-out S'porean looks for recommendations for jobs that are 'low-stress, not demanding or exploitative'
SINGAPORE: A 36-year-old local Reddit user who recently quit their job took to the platform to ask for recommendations for part-time positions that they hope won't take too much out of them. In a post on r/askSingapore, u/Common_Measurement47 wrote that they left their job after working in a government agency for 14 years because they've got burnt out. And now, they'd like to work for one to two days a week in a job that is ' low-stress, not demanding or exploitative'. Fortunately, money is not a prime consideration, since they've achieved FIRE (financial independence, retire early), but would like to find a job that pays at least S$500 a month. 'I read that relief security guard is decent, but I don't think it's feasible since I don't want to work very frequently?' they wrote, adding in an edit that they have an honours degree in accountancy, banking & finance, and while they've tried auditing and tax advisory internships in the past, these positions are not for them. Many commenters were kind enough to oblige the post author with a number of suggestions. 'Might be good to look into jobs that typically hire older folks. My mom's best friend works part-time at MBS, where they rotate her to different departments (eg, theatre, art science museum). She gets decent benefits, all meals covered when she's at work, and CPF too. Worth looking into,' wrote one. 'I know a guy who did that, retired early, and became a part-time tour guide. He spent his days bringing tourists around Singapore, visiting museums and all the tourist spots,' one added. Another 36-year-old who also quit this year 'due to stress, mental, and health issues,' wrote that 'It all boils down to what you prefer, what skill set you have'. They suggested the post author could be a freelance dance instructor, swim instructor, do Kumon tuition, Grab or foodpanda delivery, dog walking, or cleaning. 'The sky is the limit. Just want you to know, you are not alone,' they added. See also We're revealing 10 more exhibitors for Echelon Asia Summit 2019! Others suggested the post author could work as a museum or art gallery sitter or a security guard. 'Scoot recently has a part-time cabin crew position,' another suggested, while another wrote, 'I suggest you take private tuitions in accountancy. You can easily get $40 per hour. For $500 per month just need to work 12.5 hrs a month i.e. slightly more than 3 hrs per week.' /TISG Read also: PHV driver says there are too many part-timers in Singapore, and they 'all claim to make over $1K gross weekly'


CNA
2 hours ago
- CNA
Exclusive-Amazon loses AWS generative AI boss as tech talent shuffle heats up
SAN FRANCISCO :Amazon's AWS recently lost its vice president overseeing generative artificial intelligence development, as the competition for talent heats up. Vasi Philomin told Reuters in an email that he left Amazon for another company, without providing specifics. A company spokesperson confirmed that Philomin had recently left after eight years with Amazon. Philomin helped lead generative AI efforts and product strategy, and oversaw foundation models known as Amazon Titan. The spokesperson said Rajesh Sheth, a vice president previously overseeing Amazon Elastic Block Store, had assumed some of Philomin's responsibilities. In his biography, Philomin said he also helped create and lead Amazon Bedrock, a hub for using multiple AI models and one of AWS's premier products in its battle for AI supremacy. He was a frequent speaker at AWS events, including Amazon's annual cloud computing conference in Las Vegas. Amazon is working to bolster its reputation in AI development, after rivals like OpenAI, and Google have taken an early lead, particularly with consumer-focused models. The Seattle-based online retailer and technology powerhouse has invested $8 billion in AI startup Anthropic and integrated its Claude software into its own products including a new revamped version of voice assistant Alexa that it's rolling out to customers this year. In December, Amazon introduced its Nova AI models which provide for text, video and image generation. Earlier this year, it added to the lineup with a version called Sonic that can more readily produce natural-sounding speech. Companies are employing creative techniques to hire top AI talent, including using sports industry data analysis to help identify undiscovered talent, Reuters reported last month. As a result, compensation has skyrocketed for some. However, as Amazon races to produce more advanced AI, it said it expects its own success will lead to fewer corporate jobs, according to a memo from CEO Andy Jassy last week. Job growth limits will be driven in particular by so-called agentic AI, which can perform tasks with minimal or even no additional input from people. "As we roll out more Generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today and more people doing other types of jobs," Jassy wrote.