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AI and A World Without Work: 12 to 18 Months Left (Mustafa Suleyman), 80% Unemployment (Stuart Russell) and More

The big guns in AI are giving it straight off the shoulder about the impact of that technology on knowledge work. The CEO of AI at Microsoft Mustafa Suleyman , for example, anticipates catastrophe and at an accelerated pace: "So white-collar work, where you're sitting down at a computer, either being a lawyer or an accountant or a project manager or a marketing person — most of those tasks will be fully automated by an AI within the next 12 to 18 months." Iconic author of "Artificial Intelligence: A Modern Approach" and professor at UC Berkeley Stuart Russell is equally pessimistic about a broad range of white collar tasks. He puts that at 80% unemployment:  "He suggested that sectors once considered safe — from driving and logistics to accounting, software engineering, and even medicine — are likely to be swept up in the coming wave of automation." Russell also projects surgeons will be wiped out by robots. CEOs aren't safe either. A world with...

Professional Services: So, Who's the Client, as Kathy Ruemmler, Brad Karp and More Failed to Sort Out

  In professional services - public relations, management consulting, law, financial and more - we start out this way: We assume our fierce intelligence, knowledge base and honed talent will get us a prominent place in the sector.  Then we are hit with this: Lots depends on the kind of client service we provide. Part of that comes from high Emotional Intelligence. But an even bigger part results from a willingness to pitch in without complaint doing favors for those in the clients' orbits. For example, since I had made it into Harvard Law School I was asked by the client to guide his romantic partner in her applications to law schools. I knew not to balk. No, there was no extra compensation. Yes, I was too dependent on the client to bring that up. That's how the business operates.  Those who make it big learn to play that game especially well. Maybe they even look for opportunities to cross boundaries.  And that could be how top players in law, ranging from Kathy Rue...

This Dates Back to Brad Karp Era: Paul, Weiss Ranks High As Great Place to Work

  According to Brit legal tabloid RollonFriday survey Paul, Weiss has placed sixth among about 80 law firms as a great place to work. The metric is based on how management is assessed as energized and engaging with employees. The specific rating is 81% - that is the percentage of those who are "very satisfied." This determination reflects the former leadership of Brad Karp during the period the research had been done. Major competitor Kirkland & Ellis is 34th, with "very satisfied" at 65%. Brad, your style will be missed in the front lines.  Success is a mental game. Failure comes from being done in by the “committee” in your head. Together, we liberate your thinking. Then we change your story. And, unleash success. Meanwhile, we focus on bringing in income. That puts you in a position of strength. Intuitive Coaching. Special expertise with transitions, becoming a solopreneur and aging. Psychic/tarot readings, upon request. Complimentary consultation with J...

BoomerVille: Back from the Near-Dead

  Dow Jones Industrial Average Index Index: DJI Compare 49,639.03 USD ▲  +187.05 (+0.38%) today February 13, 1:43 PM EST  ·  Market Open Meanwhile, they say there are many with less than 1,000 bucks saved for retirement. A better way of framing that state of being is this: Never expect to stop chasing income. The oldest of the Boomers, I continue to build my business. Success is a mental game. Failure comes from being done in by the “committee” in your head. Together, we liberate your thinking. Then we change your story. And, unleash success. Meanwhile, we focus on bringing in income. That puts you in a position of strength. Intuitive Coaching. Special expertise with transitions, becoming a solopreneur and aging. Psychic/tarot readings, upon request. Complimentary consultation with Jane Genova (Text 203-468-8579,  janegenova374@gmail.com ). Yes, test out the chemistry. Zero risk. Don’t give up before the miracle.  

So, How Should Companies Behave? Epstein Files Could Be Forcing Old-Fashioned Values on Business and More

 In 2025, confidence in business plunged to 15%, down from 30% back in 1999. A column in Bloomberg puts it this way: "By characterizing their [Ruemmler/Epstein] relationship as strictly professional, Goldman sent the wrong message about what companies should consider appropriate behavior." Now, though, Ruemmler announced she will step down.  In terms of reputation, economist Larry Summers and Apollo co-founder Leon Black don't seem to have a shot at redemption and forgiveness. At Paul, Weiss chair Brad Karp ended his very successful era of leadership, contending his interactions with Epstein were a distraction. Again, business could be undergoing another era of reform. Remember Enron. Remember global financial crisis of 2007.  Values could be reshaped. Leadership will have to be Mr. and Ms. Clean.  Standards of transparency would be ramped up. What kind of vetting did Goldman do when it considered hiring Ruemmler? Maybe ordinary citizens should be put on boar...

Goldman Sachs - Kathy Ruemmler's Genteel Exit

  Well, it happened. Finally.  After so much attention to Kathy Ruemmler's relationship with Jeffrey Epstein (Uncle Jeffrey) an exit from the top-lawyer job at Goldman Sachs is announced.  So genteelly.  It's positioned and packaged as her decision to leave. As the days go on we'll probably learn more. No crisis-drama rush out the door. She'll be around until June 30th. Time to tie up loose ends and such. And gush from Goldman CEO David Solomon. The Wall Street Journal reports: “'Throughout her tenure, Kathy has been an extraordinary general counsel, and we are grateful for her contributions and sound advice on a wide range of consequential legal matters for the firm,' Solomon said." My, my, this is quite tidy. At ag 54, she should still have lots of career runway. But will the reputational damage be as severe as it has been for other Friends of Jeffrey such as Leon Black, Larry Summers and Casey Wasserman? During her career, before the Epstein Files, when...

Status Repair: Avoid Defensive Moves (no one cares who you used to be)

With job and actual career loss becoming so standard, everything from identity to a sense of belonging goes kaput. The human tendency is to rush into modes of what is known as "status repair." Most are not only ineffective. They can also label you as stuck in the past, out of touch, even a nuisance. Therefore, not employable. The leap into repair usually is defensive. For example, there's an obsession in presenting who you used to be and how successful you were at all that. In the past. Often that narrative includes great detail. There was the crisis (boy was it in the news) that you and your team pulled all-nighters resolving. Obvious to listeners and to those who could hire you or guide you into another line of work is that you're defending yourself against the current professional nowhere abyss you're stuck in. Another defensive move is gushing how much happier you are now that you're out of that toxic situation. The current reality is that a job, no matter...