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Matter Labs Announces Workforce Cuts
Matter Labs, the developer behind ZKsync, laid off 16% of its employees. Those affected will receive severance equal to three months' salary, four months of health insurance, job placement support, the option to keep company equipment, and even assistance with immigration. Web3 Job Market and How to Find a Job in Web3 in 2024
The Web3 job market saw massive layoffs over the crypto winter that started in November 2021. Prices of Bitcoin and other cryptocurrencies declined sharply causing market uncertainty, and making investors cautious. 2024 seems to change the sentiment. The CIA is on the Hunt for Extended Reality Talent
The CIA is ready to turn the page on its conservative approach to agent training, signaling its readiness to leverage virtual reality in the battle against global terrorism. This development is highlighted by a recent job posting on the agency's website. 
AI in the Workplace: Not a Human Job Killer Yet
MIT researchers have concluded that artificial intelligence, at least for the time being, is only capable of replacing about 23% of the workforce in an economically viable manner. The study predominantly focused on roles that involve object visual recognition. Key Points from the U.S. Federal Reserve Press Release
• Growth in economic activity has slowed down.
• Job gains have decelerated, yet unemployment rates remain low.
• The U.S. banking system is sound and resilient.
• Stricter financial and credit conditions for households and businesses may influence economic activity, hiring, and inflation.
• The target inflation rate of 2% remains a constant goal. Is Ripple Getting Ready for an IPO?
Ripple appears to be gearing up for an IPO (Initial Public Offering), as the company recently posted a job opening for a Senior Investor Relations Manager. This move has sparked rumors and speculation within the industry regarding Ripple's intentions to go public. 
Coinbase CEO supports crypto regulation bills
Brian Armstrong has publicly urged US residents to actively support the 21st Century Financial Innovation and Technology Bill, which promises to bring much-needed clarity to cryptocurrency regulation.
Armstrong emphasized that it is ordinary Americans who can have a decisive impact on the outcome of the vote by sending an email to their representatives asking them to support the bill.
In a more detailed statement, Coinbase added that the bill, in addition to protecting consumer rights and enhancing national security, has the potential to spur job creation in the US. 
How Artificial Intelligence is Transforming the Job Market
The advent of artificial intelligence (AI) has marked a transformative period for the job market, paralleling the revolutionary impact of the internet's inception. It has revolutionized data interaction, introduced innovative communication methods, and reshaped social ties. 
Voice Actors vs. Microsoft's Announced AI Tools
Microsoft's newly announced AI tools for crafting dialogues and quests in games have sparked controversy in the gaming community. Concerns arise about potential declines in game quality, while voice actors fear job loss and view such automation as a threat to nurturing new talent. Gallup: Rising Number of People Experiencing FOBO Due to AI
An increasing number of Americans are grappling with FOBO – a fear of becoming obsolete. This phobia revolves around the idea that new technologies will render one's profession outdated, leaving them as an unemployable relic in the job market. AI Working Group: Democrats' Answer to Tech's Rapid Evolution
House Democrats have initiated a working group dedicated to artificial intelligence (AI) with the aim to craft legislation surrounding this tech.
The group, chaired by Representative Derek Kilmer, will explore leveraging AI for growth while ensuring job security for those impacted by AI advancements.
A primary concern is the rise of AI-generated misinformation, especially deepfakes. KuCoin Squashes Rumours of Extensive Job Cuts
Yesterday, reports surfaced suggesting that KuCoin had dismissed 30% of its employees due to declining profits. However, the cryptocurrency exchange's representatives debunked these claims today, explaining that there was just a slight downsizing in line with their routine organizational strategy.
"To stay on top, we regularly evaluate our org structure based on employee performance and company development. So it is not layoffs, and it is all about making the organization more dynamic," asserted Johnny Lyu, the Chief Executive of KuCoin.