Latest news with #MarkCuban
Business Insider
a day ago
- Business
- Business Insider
Microsoft study identifies 40 jobs AI chatbots are likely to help automate — and those where the tech is barely being used
AI chatbots are likely to automate tasks related to communications, according to Microsoft researchers. Researchers analyzed 200,000 conversations with Microsoft Copilot. They caution that just because a job overlaps with AI doesn't mean layoffs could be in the offing. An AI chatbot is a pretty good interpreter. It can't dredge a river. Microsoft researchers analyzed which careers are most and least likely to be affected by generative AI and large language models (LLMs) based on an anonymized dataset of 200,000 conversations between users in the United States and the tech giant's Copilot chatbot, formerly known as Bing Copilot. They found that the jobs most likely to be affected involve those providing and communicating information, including translators, historians, and writers. The researchers avoided the most pressing question for AI: the extent to which it will eliminate or even grow jobs in the workforce. Rival CEOs have disputed Anthropic CEO Dario Amodei's view that AI could wipe out up to half of white collar entry-level jobs in the next five years. Others in tech, like Mark Cuban, think AI will be a net job creator. The paper doesn't cover whether interpreters and translators (the occupations they found that most overlapped with AI) should be fearful about their future. Likewise, they didn't conclude that dredge operators (among the least affected occupations) are safe. "Our research shows that AI supports many tasks, particularly those involving research, writing, and communication, but does not indicate it can fully perform any single occupation," Kiran Tomlinson, a senior researcher at Microsoft and the lead author of the paper, said in a statement to Business Insider. "As AI adoption accelerates, it's important that we continue to study and better understand its societal and economic impact." Based on the chatbot data, researchers could see what users were asking the AI to do and what the AI was performing in response. They could then compare these findings to the types of tasks that are most likely to overlap with an AI chatbot. Their findings echo the growing research and views that AI chatbots will likely have a much greater overlap with office jobs than those requiring physical work or interactions. If this holds true, it means AI would change a different part of the workforce than past technological revolutions. Among the least affected jobs are phlebotomists, nursing assistants, and hazardous materials removal workers. This doesn't mean physical labor jobs aren't affected. The researchers also cautioned that their data only concerns large language models. "Other applications of AI could certainly affect occupations involving operating and monitoring machinery, such as truck driving," they wrote.
Yahoo
a day ago
- Business
- Yahoo
Mark Cuban Says Its Not The Students At Fault But The School If Answers Can Be Generated With AI: Kids Take 'Path Of Least Resistance'
Billionaire entrepreneur and investor Mark Cuban says schools that still teach for model-ready answers will be 'way behind' within a decade, arguing curricula must evolve with artificial intelligence. What Happened: In an X post on Sunday, the investor wrote, 'Within 5–10 years, if a school teaches in a manner where answers by students can be generated by a model, it's a sh*tty school and way behind.' He added that 'kids will always take the path of least resistance' and said AI should be 'part of the solution.' Trending: Be part of the breakthrough that could replace plastic as we know it—Cuban's point is less about cheating than design. If assignments can be solved by a general‑purpose model, he argues, the problem is the assignment, not the student's ingenuity. He urged educators to change 'the path and how they learn,' warning that 'teaching like it's 2024' will soon be obsolete as generative systems spread. The billionaire has been on this beat for months. He told Gen Z at South by Southwest in March to "spend every waking minute" learning AI and has encouraged teens to build AI side hustles rather than wait for credentials. He's also warned there will be 'two types of companies,' those great at AI and those they put out of business, a framing he now extends to It Matters: Cuban has said AI could mint the world's first trillionaire, potentially 'one dude in a basement,' highlighting his view that mastery will drive outcomes over pedigree in the next decade. To him, classrooms that simulate that tool‑rich environment will serve students best. The former Shark Tank investor says he made it in the business world by refusing to retire in his mid‑30s and by pushing to be the best. Fresh out of Indiana University's Kelley School of Business, he founded MicroSolutions in his 20s, aimed to retire by 35, but instead sold the firm at 32 for $6 million and took home about $2 million in profit. Photo Courtesy: Kathy Hutchins on Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Mark Cuban Says Its Not The Students At Fault But The School If Answers Can Be Generated With AI: Kids Take 'Path Of Least Resistance' originally appeared on
Yahoo
2 days ago
- Business
- Yahoo
Mark Cuban has a four-word blunt response to memes
Mark Cuban has a four-word blunt response to memes originally appeared on TheStreet. Billionaire investor Mark Cuban has issued a sharp take on the state of today's markets, it's no longer just meme stocks — everything is a meme. In a conversation with Axios, Cuban contrasted the current market frenzy with the dotcom bubble he famously navigated in the late 1990s. While that era was wild, Cuban argues this one might be riskier, largely due to the power of retail investors and crypto-fueled culture. 'Back then day traders had minimal online resources,' Cuban told Axios. 'Now younger traders are far more risk tolerant… They see the volatility of crypto, particularly meme coins, and see stocks as just one more version of meme coins.'He added, '..back then it was anyone with a .com could go public… Now anyone can issue a meme coin.' 'From the kids I talk to, they see (Nvidia) and the big 7 the same way. Everything is a meme to individual traders these days.' Explained: What are meme coins? Cuban's take on memecoins Cuban isn't shy about his take on meme‑coins — and it's crystal clear. While he supports crypto with substance, he draws a firm line when it comes to speculative tokens. Despite investing in Dogecoin and accepting it for Dallas Mavericks tickets, Cuban has repeatedly slammed most meme‑coins as nothing more than a 'hustle.' He told: 'I'm not a fan of meme coins. Obviously, it's a hustle. There's no there there. And so it's just like a game of musical chairs with money. Some people make money and some people won't.' He reacted critically after the dramatic rise and collapse of HAWK coin, pointing out that while the hype can build fast, fundamentals often disappear just as quickly. Cuban expressed sympathy for the young creator behind it but made no excuses for the risk: 'It wasn't something she fully understood… I'm not mad at Haliey at all. I feel bad for her… what's done is done.' Mark Cuban has a four-word blunt response to memes first appeared on TheStreet on Jul 28, 2025 This story was originally reported by TheStreet on Jul 28, 2025, where it first appeared. 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
2 days ago
- Business
- Yahoo
Mark Cuban Predicts the First Trillionaire Will Come From a Basement, Not Wall Street
Mark Cuban is famous for his oft-cited commentary, whether financial or sociopolitical in nature. Recently, the billionaire investor and 'Shark Tank' star took on the surging topic of artificial intelligence (AI), going so far as to suggest that the world's first trillionaire could be created via the usage of AI technology. Explore Next: See More: 'We haven't seen the best or the craziest of what [AI is] going to be able to do,' Cuban said during an appearance on the 'High Performance' podcast. 'And not only do I think it'll create a trillionaire, but it could be just one dude in the basement. That's how crazy it could be,' he added. Below we learn more about how AI could produce the first trillionaire. Innovative Entrepreneur Alone May Be No Match for AI Business Tools While also discussing his regular consultations with AI over the monitoring of his health status — Cuban suffers from atrial fibrillation or A-fib — workouts and medications, the investor and business icon also mentioned that he uses artificial intelligence models to check his own workflow and thought processing. Cuban pointed to AI as a major disruptor in the business world and while he signaled that the fear around AI models stealing human jobs was somewhat overblown. 'I'm not here to tell you that it's going to replace everybody's job. It won't,' he said. It represents an economic and cultural sea-change which demands adoption. Check Out: 'There's always something bigger and better that's created by an innovative entrepreneur,' Cuban said. 'But AI just dwarfs all that.' 'As it becomes more advanced we'll find ways to make our lives better, more interesting, to work better, more effectively,' he added, digressing in the middle of his commentary to also downplay the possibility of a Terminator (or man versus machine) scenario hinging on antagonism or opposition. Cuban Added a Caveat To His Endorsement of Generative AI Even more recently, Cuban said he was a daily user of generative AI, adding a caveat that those who do engage with these tools should do so with a critical and considered mindset. 'I use generative AI on a daily basis,' Cuban said, adding he does so 'always carefully.' However, he was quick to add a caveat that this technology lacks precision and often misses important details, according to Due. Frequent so-called hallucinations, either factual errors or outright fabrications, can still occur within the responses to generative AI prompts. Fact-checking remains key as a human element of the interaction, as is attention to detail — numbers may be fudged or may not entirely add up and the same can be said of sources. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 6 Big Shakeups Coming to Social Security in 2025 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses This article originally appeared on Mark Cuban Predicts the First Trillionaire Will Come From a Basement, Not Wall Street 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
Economic Times
2 days ago
- Business
- Economic Times
He was 24 with just $20: Mark Cuban's first business venture failed in 30 days, but the lesson he learned is priceless
Agencies Mark Cuban's initial entrepreneurial attempt involved selling powdered milk, which failed within a month, teaching him valuable lessons about business. Long before Mark Cuban became a billionaire entrepreneur, NBA team owner, and household name on Shark Tank, he was just a broke 24-year-old college grad with a hustle — and a handful of powdered milk packets. In a recent episode of the 'Aspire' podcast hosted by Emma Grede, Cuban revealed how his very first business venture — selling powdered milk — failed spectacularly in just 30 days. Armed with under $20 and unshakable optimism, Cuban believed his budget milk substitute could revolutionize frugal kitchens. 'I remember taking samples to people, mixing it up, like, 'Look, milk's expensive. We're broke, right? This will save you money,'' he said on the show. The response? Indifference at best, revulsion at worst. That sting of rejection might have ended the story for most — but for Cuban, it was just the first step. The powdered milk venture was Cuban's crash course in entrepreneurship. 'It did not sell,' he admitted plainly. But that 30-day loss proved to be a long-term gain. 'It doesn't matter how many times you fail. You only have to be right one time,' he reflected. And he was. Shortly after, Cuban launched MicroSolutions, a software reseller company. With no outside funding and no time off ('I didn't take a vacation for the next seven years,' he told The Playbook by Entrepreneur), Cuban hustled his way into profitability. By 1990, he sold MicroSolutions to CompuServe for $6 million. Nine years later, he made internet history by selling to Yahoo for $6 billion. Cuban's early struggles were far from glamorous. He was fired from a computer store, lived with six roommates in a cramped apartment, and often slept on the floor. But instead of retreating, he went all in — and stayed all in. 'There is no balance,' Cuban once told Sports Illustrated. 'If you want to crush the game, whatever game you're in, there's somebody working 24 hours a day to kick your a*s.'. What if you're starting with nothing today? Cuban says the answer lies not in bank accounts, but in sweat equity. If he had to build from scratch in 2025, he'd lean into artificial intelligence — and not by spending, but by learning. 'I'd be all about AI,' he said. 'If I had access to a library and $0, I'd be in there till they kicked me out.' He suggests learning to prompt AI tools effectively, then offering services to small businesses to improve efficiency. In other words: find a skill, sharpen it for free, and sell it. Despite his massive fortune (estimated at $6 billion, per Forbes), Cuban's proudest achievement might just be the control he now exercises over his own time. At SXSW 2024, he shared a telling anecdote — after making his first million, he threw away his watch. 'I didn't want to respond to anyone else,' he said. 'I wanted to own my time.'
