Economy
'Jury Duty Presents: Company Retreat' Almost Makes Corporate Culture Seem Fun
The Amazon Prime prank series amplifies the hijinks of workplace dynamics, while showing how people find purpose--and community--in their jobs despite impossible situations. Anthony Norman is your typical Gen Z worker: 25, a little wayward, and struggling to find a full time job. Unemployment rates are high . AI is creating a crisis for young people trying to enter the workforce. And several companies--including Amazon, Block, and Meta --have embraced tech's latest era of layoffmaxxing, with some cutting their staff by 20 percent.
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India's outsourcing industry is worth 300bn. Can it survive AI?
India's outsourcing industry is worth $300bn. Indian technology stocks have seen an unprecedented rout over the past few weeks over fears of artificial intelligence upending the traditional outsourcing model that powers the country's $300bn (£223bn) back-office industry. The sell-off - part of a global correction in traditional software and IT stocks - preceded the market nervousness caused by recent geopolitical uncertainty, and is particularly significant for India. Over the past three-and-a-half decades, India's software industry has created millions of white-collar jobs, spawning a new middle class driven by high ambition and strong purchasing power. This, in turn, has fuelled demand for apartments, cars and restaurants across top-tier cities such as Bengaluru, Hyderabad and Gurugram over the past 30 years.
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A Non-parametric Direct Learning Approach to Heterogeneous Treatment Effect Estimation under Unmeasured Confounding
In various domains, different subjects may exhibit different responses to the same set of treatments. The exploration of this heterogeneity in the effects resulting from exposure has gained substantial interest in recent years. For instance, inferring the heterogeneous effect of a medical treatment on clinical outcome can contribute to the development of personalized treatment (Cai et al., 2011). A similar concept has found application in personalized marketing as well (Chandra et al., 2022).
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