The Coming Creator Economy Revolution: How A.I. Will Unlock New Value Across Industries | Salaries, hiring, AI: Here’s what’s really happening with U.S. tech jobs | How Binance Turned Its Failed Token ICO Into A Billion Dollar Windfall | Zoom’s Founder Turns To AI In Hopes Of Regaining Pandemic Highs

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The Coming Creator Economy Revolution: How A.I. Will Unlock New Value Across Industries - Inc.com

User-generated content (UGC) platforms have already disrupted entertainment and marketing landscapes. However, a more profound paradigm shift looms as A.I. eliminates technical barriers to content creation. This will ignite an explosion of new voices and unlock value across sectors. Companies that strategically position themselves will capitalize on this creator economy revolution.

Presently, high-quality UGC requires a baseline of resources and skills. A.I. will change this practically overnight by handling complex, technical aspects of content creation. With tools like Roblox's new A.I. assistant, anyone can conjure professional-grade video game environments, assets, and gameplay with simple text prompts.

This vastly expands the pool of potential creators, as niche communities and underrepresented groups unlock their creativity. We will see an influx of original work showcasing previously unseen perspectives. A.I. will diversify the creator economy, surface hidden talents, and enable rapid experimentation through iterative content variation.

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Salaries, hiring, AI: Here’s what’s really happening with U.S. tech jobs - Fortune

As the leader of a company that tracks tech employment trends, I’ve had a front-row seat to the industry’s highs and lows over the past few decades. It’s literally my job to keep up with tech employment trends and I can tell you one thing: It’s an interesting time for both workers and decision-makers in the tech sector.

However, beware of news headlines that show only one side of the story. The U.S. tech economy is going through some unusual changes–and it’s not always easy to wrap your head around them.

Maybe you’ve seen the recent Wall Street Journal article making the rounds, exploring the $900,000 AI tech job. It’s a great read–but salary trends are not quite so straightforward.

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How Binance Turned Its Failed Token ICO Into A Billion Dollar Windfall - Forbes

As Sam Bankman-Fried, the disgraced founder of its former rival FTX, goes on trial for fraud and money laundering in New York, the world largest crypto currency exchange, Binance, is having an existential crisis. It has drawn lawsuits from the U.S. Securities and Exchange Commission and Commodities Futures Trading Commission, with accusations of fraud against customers and deceiving regulators. Last week, payment processor Paysafe made a “sudden decision” to stop handling euro transactions for Binance, according to the exchange, which has also exited European markets including the Netherlands. The company has also been plagued by an exodus of key employees around the world. Binance did not respond to multiple requests from Forbes for comment on these issues, but the company has moved to dismiss the CFTC suit, claiming it is faulty on several grounds, and has stated that the SEC action is overly broad.

Despite it all, Binance’s biggest problem may be dwindling trading volume, as the digital-assets market is still struggling through a crypto winter which began in 2022. This is weighing heavily on its own cryptocurrency, the bnb token, which has lost 68% of its value since reaching a record $675 in May 2021.

BNB, currently valued at $33 billion, has long been an important part of Binance’s operating model, and a close examination of its initial coin offering in 2017 reveals that Binance’s early days were rockier than widely believed.

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Zoom’s Founder Turns To AI In Hopes Of Regaining Pandemic Highs - Forbes

Zoom founder and CEO Eric Yuan has a message for businesses skeptical about using Zoom for more than its video meetings: "Be open-minded."

Yuan certainly is. After years of only meeting customers virtually, over his own product, he's back rubbing shoulders with them - traveling in the flesh. "A lot of events aren't virtual anymore," Yuan told Forbes. "I have to evolve myself."

So, too, must Zoom. A software savior of the early pandemic in 2020, when Yuan became the face of remote work - and education - with a soaring stock and privacy concerns to go with it - Zoom is now trying to navigate a new moment. Software tools debuted in the months after its massive influx of users, which intended to make Zoom a go-to for online events and games, haven't panned out quite as hoped. From an all-time high of $568 that October, giving it a market capitalization of about $160 billion, Zoom's stock has leveled out over the past year at about $70, or a market cap just over $20 billion.

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