A new study from Pure Storage reveals that 81% of CIOs and IT leaders anticipate outgrowing their current data center capacity due to increasing AI demands, with 80% worrying about falling behind competitively if infrastructure can't keep up. The study predicts a shift in business spending from infrastructure to data management and growth. Currently, infrastructure is the largest AI-related cost (36%), but in two years, 40% foresee data management costs dominating. Infrastructure concerns are influencing business decisions, prompting some to turn to public cloud solutions, despite rising costs leading 85% to reassess their infrastructure strategies. The emphasis is on thoughtful investment and innovative capacity to support AI adoption while managing risk.

CIOs are scrambling to expand data center capacity as AI demand surges itpro

A recent report by Harvard Business School, Imperial College Business School, and the German Institute of Economic Research highlights a decline in demand for online freelance jobs since the debut of ChatGPT in November 2022. The findings indicate a 30% drop in demand for writers, 20% for coders, 17% for graphic designers, and 13% for social media and data entry roles. Despite this decline, pay rates have minimally increased. The rise of AI has also spurred disputes on freelance platforms over the use of AI-generated content, with some freelancers now offering services to edit AI-created work. The landscape suggests AI is taking over simpler tasks traditionally handled by freelancers, prompting concerns over fair compensation and job quality.

AI is coming for your online freelance jobs The Hustle

The US government is ending its financial support program for healthcare providers affected by the ransomware attack on Change Healthcare, initiated in March and set to conclude on July 12. This support from the Centers for Medicare & Medicaid Services (CMS) addressed severe cash flow issues faced by providers unable to submit claims or receive payments following the attack that crippled Change Healthcare's systems. The intervention included relaxed rules on clearinghouses, and advanced funding encouragement. Nearly 9,000 accelerated payments worth over $3.2 billion were made to Medicare providers, with most being recovered now that billing systems are operational. With the program concluding, providers facing ongoing issues must directly contact Change Healthcare or their Medicare Administrative Contractor (MAC). CMS will remain vigilant in monitoring the impacts and emphasizes heightened cybersecurity measures within the healthcare ecosystem. The financial toll from the attack on Change Healthcare, as of April, is nearing $1 billion, significantly surpassing previous high-profile incidents like MGM Resorts' $100 million recovery cost.

US ends funding for orgs hurt by Change Healthcare attack The Register

Apple is reportedly focusing on developing a more affordable version of the Apple Vision Pro headset, potentially priced around $1500, and aims to release it by the end of 2025. This shift in strategy has led Apple to pause the development of a second-generation high-end Vision Pro model to concentrate on the cheaper variant. Despite the company's efforts, engineering challenges remain, particularly in reducing the device's weight and cost without compromising the user experience. Recently, Apple expanded the Vision Pro's availability to eight new countries and previewed updates in visionOS 2.

Report: Apple halts work on Vision Pro, aims to release cheaper Vision headset next year 9to5Mac