Tech
Tech workers experience stalled pay rises amid industry shift
Tech workers are facing a slowdown in pay rises as the industry grapples with shifting dynamics following the pandemic-induced upheaval.
According to recent data, the median hourly rate for tech salaries fell by 4.8 percent month-over-month in February, dropping from $59.98 in January.
This decline coincides with a marginal increase of just 0.1 percent in the number of employees in the sector.
Eddie Kowalski, senior insights manager at Employment Hero, told the AFR that this dramatic drop could signal a correction from inflated pandemic-era salaries, fueled by widespread layoffs across the technology sector.
He notes a cycle of fiscal tightening and a focus on short-term profitability, which are now impacting employees’ pay packets.
Tech workers are experiencing a downturn.
Modest growth
Data from job site Seek reveals a modest growth of just 1.9 percent in advertised salaries within the ICT industry over the past year, reflecting the subdued demand for labor.
Recruiters are witnessing persistent supply shortages for certain skills such as cybersecurity, data science, and artificial intelligence specialists.
Overall, while the long-term trend for tech remains one of growth, the industry is experiencing a period of adjustment characterized by slowed pay rises and heightened competition for top talent.
As the sector navigates these challenges, tech workers are advised to remain adaptable and open to new opportunities while recruiters face the task of attracting and retaining skilled professionals in a changing landscape.
Tech
OpenAI limits deepfakes after Bryan Cranston’s concerns
OpenAI protects against deepfakes on Sora 2 after Bryan Cranston and SAG-AFTRA raise concerns over unauthorized AI-generated content
OpenAI protects against deepfakes on Sora 2 after Bryan Cranston and SAG-AFTRA raise concerns over unauthorised AI-generated content
– OpenAI partners with Bryan Cranston and unions to combat deepfakes on its Sora app.
– The app now includes options for people to control their likenesses and voices.
The partnership aims to enhance protections against unauthorized AI content. The Creative Artists Agency and United Talent Agency had previously criticized OpenAI, citing risks to their clients’ intellectual property.
Last week, OpenAI blocked disrespectful videos of Martin Luther King Jr. at the request of his estate, following similar pressures. Zelda Williams also requested the public refrain from sending her AI-generated clips of her late father, Robin Williams.
Policy Changes
Following tensions post-launch, CEO Sam Altman revised Sora’s policy to give rights holders greater control of their likenesses.
The app now allows individuals to opt-out, reflecting OpenAI’s commitment to respond quickly to concerns from performers.
OpenAI backs the NO FAKES Act, supporting legislation that aims to protect individuals from unauthorized AI-generated representations.
OpenAI is focused on ensuring performers’ rights are respected regarding the misuse of their voices and likenesses. Altman reiterated the company’s dedication to these protections.
Tech
Major apps down as AWS experiences global outage
AWS outage disrupts Fortnite, Snapchat and multiple services globally
AWS outage disrupts Fortnite, Snapchat and multiple services globally
– AWS outage on Monday disrupted major apps like Fortnite, Snapchat, and affected several global companies.
– UK companies including Lloyds Bank and Vodafone reported issues due to the AWS outage.
Amazon’s AWS experienced a significant outage on Monday, impacting major apps including Fortnite and Snapchat. The disruption affected connectivity for numerous companies globally.AWS reported increased error rates and latencies across multiple services and is attempting to recover quickly.
The outage marks the first significant internet disruption since a previous incident last year that impacted essential technology systems globally. AWS offers on-demand computing and storage services and is vital for many websites and platforms.
Multiple companies reported disruptions, including AI startup Perplexity, cryptocurrency exchange Coinbase, and trading app Robinhood. Perplexity’s CEO confirmed on X that the outages were linked to AWS issues.
Amazon’s shopping site, Prime Video, and Alexa services also faced difficulties, according to Downdetector. Other affected platforms included popular gaming applications like Clash Royale and financial services such as Venmo and Chime.
Uber competitor Lyft’s app was reported down for numerous users in the U.S. Messaging platform Signal also acknowledged connection problems stemming from the AWS outage.
British Companies
In the UK, Lloyds Bank, Bank of Scotland, and telecom services provider Vodafone were notably affected. The HMRC’s website also encountered issues during this outage.
Elon Musk stated that his platform, X, remained operational despite the widespread disruptions.
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