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Big tech ‘acquihires’ suppress IT wages, drain high-demand talent pools

CIO

While an oft-mentioned concern regarding large tech firms buying small firms is the potential for such deals to reinforce monopoly power in the product market, we argue instead that acquihiring can be understood as a means of bolstering monopsony power in the specialized labor market,” the researchers wrote.

Startups 662
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CIOs weigh where to place AI bets — and how to de-risk them

CIO

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. But ready or not, choices with far-reaching repercussions must be made.

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IT leader’s survival guide: 8 tips to thrive in the years ahead

CIO

Decisions around game-changing current and future technology require decisive action and possible investment to remain competitive. In addition to the usual technology considerations, economic, geopolitical, and supply-chain issues all compete for attention as IT leaders look to keep their organizations growing amid turbulent times.

IT 871
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CIOs in transition: 5 tips for landing your next IT leadership job

CIO

Martin Davis, CIO and managing partner at Dunelm Associates, offers these suggestions: Review your online presence, how you come across to others, and what your LinkedIn profile says about you. Rework your profile to target who you are now and where you are going, not who you were 10 years ago.

IT 554
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14 organizations that support LGBTQ+ tech workers

CIO

Lesbians Who Tech also offers the Edie Windsor Coding scholarship, which grants scholarships to LGBTQ+ women and nonbinary tech workers to help kickstart their technology careers. The organization also offers resources to members of the LGBTQ+ community and allies. as a part of the Out for Work conference.

Education 662
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Selecting the Right AI Business Model for Your Startup

Smart Data Collective

However, even the most brilliant idea built around AI technology can fail without a proper business model. Without a good business model, you won’t understand customer needs and how to build your startup. Not even the most sophisticated AI technology can make up for a subpar business model. Let’s consider them in detail.

Startups 228
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Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

One of the critical industries AI is making strides in is the financial technology “fintech” industry. Many new-age startups have built big businesses selling AI-powered credit checking software to financial institutions, e.g., Upstart, which handles consumer loans. Artificial intelligence (AI) is all the rage now.