Latest news with #Lazarte
GMA Network
19-05-2025
- Sport
- GMA Network
FilOil: Allen Liwag saves day as Benilde escapes Mapua in preseason tiff
Allen Liwag came through in the clutch to help De La Salle-College of Saint Benilde escape a familiar foe in Mapua University, 58-56, in the 18th Filoil Preseason Cup on Sunday. Tied at 55-all, the 6-foot-6 reigning NCAA MVP sank the biggest shot of the game — an and-one floater against the defense of Ivan Lazarte that put the Blazers ahead by three in the final 1:05 of the game, 58-55. The Cardinals made a desperate comeback attempt but Lazarte and Clint Escamis missed their three-point attempts in the game's final moments. Escamis would split his freebies in the final eight seconds, but that wasn't enough to turn things around for the defending NCAA champions. Liwag finished with 11 points and was the only Blazer in double figures. He also had six rebounds, two steals, and two blocks. Roger Ondoa, whose layup with 2:41 left in the fourth allowed Benilde to force the deadlock that eventually led to the Liwag game-winner, tallied six markers and four boards. Matthew Oli and Shawn Umali both chipped in with six apiece as well. Lazarte paced Mapua with 17 points while Escamis did it on both ends with 12 markers, seven rebounds, four assists, and six steals. The scores: Benilde 58 - Liwag 11, Oli 6, Ondoa 6, Umali 6, Gaspay 5, Cajucom 4, Galas 4, Celis 3, Gonzaga 3, Sanchez 3, Torres 3, Ancheta 2, Moore 2, Daja 0, Eusebio 0, Jalalon 0. Mapua 56 - Lazarte 17, Escamis 12, Igliane 0, Agemenyi 0, Gonzales 7, Delos Reyes 6, Abdulla 5, Concepcion 4, Sapasap 3, Recto 2, Cuenco 0, Gulapa 0, Nitura 0, Pantaleon 0, Ryan 0. Quarters: 16-19, 32-36, 47-41, 58-56. —JMB, GMA Integrated News
Yahoo
21-04-2025
- Business
- Yahoo
AI poses biggest threat to these two professions, according to prominent SF tech investor
SAN FRANCISCO (KRON) — Artificial intelligence is already replacing human workers, and there are two fields in particular that should be wary of the technology, according to a prominent tech investor. As reported by Business Insider, Victor Lazarte, a general partner at Benchmark, an early-stage venture capital firm based in San Francisco, spoke about AI during an appearance on the 'Twenty Minute VC' podcast. 'Big companies talk about, like 'AI isn't replacing people, it's augmenting them,'' Lazarte reportedly said on the podcast. 'This is bulls**t. It's fully replacing people.' More Bay Area Goodwill locations close, more layoffs According to Lazarte, there are two professions in particular that should be especially worried about the rise of AI. Speaking to the podcast, Lazarte said lawyers and human resources workers should be particularly wary of being replaced by AI. Lazarte advises law school students to think about things they can do three years from now that AI won't be able to do. 'There's not going to be that many things,' Lazarte said. Lazarte also told the podcast that AI could be better than people at interviewing job candidates and lead to a more efficient hiring process for companies. It's worth noting that Benchmark, Lazarte's firm, which in the past has backed major plays like Uber, WeWork, and Asana, has heavily invested in AI startups like Decart and Mercor. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
20-04-2025
- Business
- Yahoo
Investor Says AI Is Already "Fully Replacing People"
The hype over artificial intelligence might be quieting as the US tech sector stresses over tariffs, but some investors are still knee-deep in the mud, panning for gold. One of them, prominent venture capitalist and former gaming CEO Victor Lazarte, is so confident that he claims AI is already "fully replacing people." While some companies have pumped the breaks on hyped-up promises of a fully-automated future, Lazarte is charging full steam ahead. "Big companies talk about, like, 'AI isn't replacing people, it's augmenting them,'" the tycoon said on the Twenty Minute VC podcast. "This is bullshit. It's fully replacing people." As per Business Insider, Lazarte highlighted that lawyers and HR workers should be particularly nervous that AI is coming for their jobs, noting that law school students "should think about what they could do three years from now that AI could not." It's a curious claim coming from a guy like Lazarte, whose firm, Benchmark, is heavily invested in startups like AI-based hiring platform Mercor and AI-powered research lab Decart. The venture capitalist doesn't bother to provide receipts for his claim, instead insinuating: I have a lot of money riding in this, trust me. In order to dig into his claim, we'll have to look at examples of AI in law and recruiting today — and boy is it a disaster. Starting with law, recent headlines aren't great. A New York Supreme Court judge recently slammed an entrepreneur for trying to pass an AI-generated video off as a stand-in for a human lawyer. The man was reportedly testing his legal-aid startup software, called Pro Se Pro, in the real world. "You are not going to use this courtroom as a launch for your business," boomed the justice. Other high profile incidents include one where Michael Cohen, Trump's former legal counsel and White House plumber, was caught filing AI generated briefs, which might have been fine if the software didn't completely make up the cases he was citing. Though there are a lot of startup founders and investors who, like Lazarte, have a personal interest in passing off AI as "ready for the courtroom," actual legal pros aren't convinced. "I think courts will clamp down before AI appearances can gain a foothold," law professor Mark Bartholomew told BI. The reason, of course, is AI's deep-seated penchant to spit out an answer as fast as it can, accuracy be damned. "If you type a legal question into the Google search function, then generative AI is all too ready to answer," wrote legal columnist Virginia Hammerle. "That is not a good thing." And when it comes to hiring, well, that's a whole other fiasco. Though today's AI models are chock full of racist and misogynist biases — courtesy of the real-life data they're trained on — companies are nonetheless blazing ahead by putting AI in charge of human resources. One study found that 99 percent of Fortune 500 companies were using AI to filter applicants, and there's a growing push to sell AI to do the actual interviewing as well. That's creating a hellish environment for job seekers, as some candidates deploy their own AI to fight the hiring AI and spam job listings with applications. It's a vicious cycle that's boxing out non-AI savvy job seekers — especially disabled, elderly, and immigrant workers — while making AI spam a precondition for finding a job. When it comes to playing fast and loose with AI, UC Berkeley computer science professor Hany Farid sums it up best: "Just because something is inevitable, it doesn't mean you deploy [it]." More on AI: Freelancers Are Getting Ruined by AI Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
A tech investor says AI is already coming for jobs — and 2 professions should be very nervous
Victor Lazarte, a general partner at Benchmark, said AI is "fully replacing people." He said two white-collar professionals should be very nervous: lawyers and recruiters. Lazarte also said companies would become "more valuable" and much smaller. One tech investor isn't buying the corporate spin about AI boosting workers. "Big companies talk about, like, 'AI isn't replacing people, it's augmenting them,'" said Victor Lazarte, a general partner at Benchmark — the venture capital firm that has backed big names including Uber, Asana, Snap, and WeWork. "This is bullshit. It's fully replacing people," he added. Lazarte said on an episode of the "Twenty Minute VC" podcast published Monday that two professions should be especially nervous about AI: lawyers and recruiters. He said law school students should think about what they could do three years from now that AI could not. "There's not going to be that many things," he said. Fresh associates often do law's grunt work, and the legal tech industry is buzzing about how AI could cut down busywork. Lazarte also said AI models would soon be better than people at interviewing candidates — and far more efficient than companies' messy, manual hiring processes. Legal and recruiting fields are already being reshaped by AI. In March, an employment lawyer told Business Insider's Melia Russell at a legal tech conference that "lawyers are dinosaurs." "Lawyers need to wake up," said Todd Itami, a lawyer at the large legal defense firm Covington & Burling. Learning to use artificial intelligence is "imperative" for their success, he added. On the recruitment front, startups are trying to automate the hiring process. In March, BI reported that OptimHire — a startup using AI to replace job recruiters — had raised $5 million. The company says its AI agent, OptimAI Recruiter, can source candidates, conduct screening calls, and schedule interviews for hiring managers, reducing the time and cost of filling open roles. BI reported in 2023 that HR and recruitment teams were increasingly using AI tools at multiple stages of the hiring process, from reviewing résumés to short-listing candidates. Tech leaders predicted the tools would make the hiring process faster for HR workers and could even prove valuable to job seekers. While AI may be coming for jobs, Lazarte said it was also going to supercharge companies. With costs slashed and productivity soaring, he said, companies will become more valuable — and much smaller. "You're going to have these trillion-dollar companies being done by very small teams," he said. "People that own shares will get richer, founders will get way richer." But he warned that the rise of ultra-lean, AI-powered businesses could be a double-edged sword. It could also be a "very destabilizing force," Lazarte said, adding that these AI-powered businesses could unlock massive value for society but also risk deepening inequality. And Lazarte doesn't think AI's influence will stop at the office. "Pretty soon we're going to have an app that just tells us what to do all day — and we're going to love it," he said. "We'll be obedient to machines." Read the original article on Business Insider
Yahoo
15-04-2025
- Business
- Yahoo
A tech investor says AI is already coming for jobs — and 2 professions should be very nervous
Victor Lazarte, a general partner at Benchmark, said AI is "fully replacing people." Two white-collar professionals should be very nervous: lawyers and recruiters. Lazarte also said companies will become "more valuable" and much smaller. One tech investor isn't buying the corporate spin about AI boosting workers. "Big companies talk about, like, 'AI isn't replacing people, it's augmenting them,'" said Victor Lazarte, a general partner at Benchmark — the venture capital firm that has backed big names like Uber, Asana, Snap, and WeWork. "This is bullshit. It's fully replacing people," he added. Lazarte said on an episode of the Twenty Minute VC podcast published Monday that two professions should be especially nervous about AI: lawyers and recruiters. He said law school students should think about what they could do three years from now that AI could not. "There's not going to be that many things," he said. Fresh associates often do law's grunt work, and the legal tech industry is buzzing about how AI could cut down busywork. Lazarte also said that AI models will soon be better than people at interviewing candidates — and far more efficient than companies' messy, manual hiring processes. Legal and recruiting fields are already being reshaped by AI. In March, an employment lawyer told Business Insider's Melia Russell at a legal tech conference: "Lawyers are dinosaurs." "Lawyers need to wake up," said Todd Itami, an attorney at the large legal defense firm Covington & Burling. Learning to use artificial intelligence was "imperative" for their success, he added. On the recruitment front, startups are trying to automate the hiring process. In March, BI reported that OptimHire — a startup using AI to replace job recruiters — had raised $5 million. The company says its AI agent, OptimAI Recruiter, can source candidates, conduct screening calls, and schedule interviews for hiring managers, reducing the time and cost of filling open roles. BI reported in 2023 that HR and recruitment teams are increasingly using AI tools at multiple stages of the hiring process, from reviewing résumés to short-listing candidates. Tech leaders predicted the tools would make the hiring process faster for HR workers and could even prove valuable to job seekers. While AI might be coming for jobs, Lazarte said it's also going to supercharge companies. With costs slashed and productivity soaring, companies will become more valuable — and much smaller. "You're going to have these trillion-dollar companies being done by very small teams," he said. "People that own shares will get richer, founders will get way richer." But he warned that the rise of ultra-lean, AI-powered businesses could be a double-edged sword. It could also be a "very destabilizing force," Lazarte said, adding that these AI-powered businesses could unlock massive value for society but also risk deepening inequality. And Lazarte doesn't think AI's influence will stop at the office. "Pretty soon we're going to have an app that just tells us what to do all day — and we're going to love it," he said. "We'll be obedient to machines." Read the original article on Business Insider Sign in to access your portfolio
