RT Richard Nieva (@richardjnieva)New: We interviewed elderly people who are chatting with AI bots in nursing homes and at home to combat loneliness. “[The calls are] not about anything that's really important, but it gives me something to do,” one senior said. With @RashiShrivast18https://t.co/gX230LlFYF ...

Core Insights - The number of entry-level job postings has decreased by 16% year-over-year as of August, according to Handshake's Workforce Outlook report [1] - Cisco's Chief People, Policy & Purpose Officer, Francine Katsoudas, believes this decline is a temporary situation and not a long-term trend [2][6] - The impact of AI on entry-level jobs is significant, with many roles adapting to incorporate AI technology [2][6] Company Insights - Cisco's contact center has transitioned from a traditional model to one that utilizes AI, handling approximately 1.5 million cases that were previously managed by human agents [3][4] - Human workers are now taking on more complex cases that AI cannot resolve, indicating a shift in job responsibilities [4] - Cisco is focusing on preparing new talent for these evolving roles, emphasizing the need for skills suited for more advanced positions [5] Industry Insights - Many companies are currently assessing how AI will integrate into their operations, leading to cautious hiring practices [6] - Predictions from industry leaders suggest that AI could potentially eliminate a significant portion of entry-level jobs in the coming years, with estimates of up to 50% [7] - A Stanford University study indicates that occupations most exposed to AI have seen a 13% relative decline in employment, highlighting the potential impact of AI on the job market [7]

Core Insights - The article highlights ten lesser-known companies that leverage artificial intelligence (AI) to address specific industry challenges, providing investment opportunities without the high valuations seen in major players like Nvidia and Microsoft [1][2][3] Company Summaries - **Freshworks**: A SaaS platform offering customer support and CRM solutions, with over 68,000 global customers. Its Freddy AI features enable automation for small and midsize businesses, showing mid-teens revenue growth and improving margins [5]. - **Oscar Health**: A tech-enabled health insurer aiming to simplify interactions in the healthcare sector. Its Superagent AI assistant is designed to reduce service costs and improve efficiency, potentially capturing significant market share [6]. - **Nerdy**: Operates Varsity Tutors and an AI-powered platform for education services, tapping into the $100 billion tutoring market. The company combines human expertise with AI to offer personalized learning experiences [8]. - **Lemonade**: A digital insurance company utilizing AI bots for underwriting and claims processing. Its automation could enhance margins if loss ratios stabilize, although it faces challenges in proving AI's effectiveness in underwriting [9]. - **Recursion Pharmaceuticals**: A biotech firm using AI and large datasets for drug discovery. Its partnership with Nvidia positions it as a potential leader in AI-driven therapeutics, with a market cap around $2 billion [10]. - **BigBear.ai**: Provides decision intelligence platforms for the U.S. Department of Defense. Its AI-based systems are well-suited for the growing demand in defense digitization, though it faces revenue volatility [11]. - **Amplitude**: Offers product analytics software that enhances user engagement through AI-generated insights. Despite competition, its focus on product optimization helps maintain differentiation [12]. - **PagerDuty**: A platform for IT incident management that uses AI to improve response times, delivering measurable ROI for enterprises. Its shift towards AI-driven operations aligns with the demand for faster issue resolution [13]. - **Sprinklr**: Operates a customer experience management platform with AI tools for engagement and insights, serving major brands like McDonald's and Nike, positioning it well for AI adoption in marketing [14]. - **Innodata**: Provides data engineering and AI training datasets, benefiting from the increasing demand for high-quality training data as AI adoption grows [15]. Investment Perspective - These ten companies apply AI to solve specific business problems, creating defensible niches in large markets. While they do not compete directly with Nvidia, they represent practical applications of AI across various industries [16].

AI in Crypto Research - AI bots are transforming crypto research by improving efficiency and providing valuable insights [1] - The industry is exploring no-code AI crypto research bots built with n8n [1] Data Source - Real-time market data from the CoinGecko MCP is utilized [1]

OpenAI rolled out its latest entry in the red-hot area of independently operating AI bots, an agent that lets users automate tasks like online shopping and create spreadsheets and PowerPoint presentations https://t.co/XdSunFbH0I ...