For many employees, especially remote workers, it's so far, so good
Employees in finance and technology jobs hired after March 2020 live the farthest from their offices, averaging 70 miles or more. Credit: iStockphoto via Getty Images / nicolesy
Stanford University economists found that workers are living farther away from their offices than before, with the average distance from home to office rising from 10 miles in 2019 to 27 miles today. Spurring the trend: The rise in remote work since the pandemic, allowing employees who could work from anywhere to move farther away.
The more an employee earns, the farther away they live. Workers earning $200,000 or more live an average of 42 miles from the office, up from 12 miles before the pandemic. Employees in finance and technology jobs hired after March 2020 — many working remotely — live the farthest from their offices, averaging 70 miles or more.
For music industry, streaming rocks
The music industry is singing a happy tune thanks to streaming. The International Federation of the Phonographic Industry said 667 million users subscribed to streaming music services in 2023, up from 589 million in 2022. Streaming accounted for 67% of the $30 billion in worldwide music revenue from recorded music last year. Taylor Swift was the top-selling artist globally followed by two K-pop groups, Seventeen and Stray Kids.
Uber Eats has teamed with Waymo to deliver food via autonomous vehicles in the Phoenix area. Credit: Waymo
Robotaxis become lunch wagons
Uber Eats and Waymo are teaming up to deliver food from selected restaurants in Waymo’s driverless taxis in the Phoenix area. Consumers have to go outside to pick up their food from the vehicle’s trunk, but at least there’s no driver to tip. Waymo and Uber already provide robotaxis for passengers in metro Phoenix, which has become the world’s largest autonomous vehicle service area.
Meta will label, but not remove, misleading content that is AI generated but doesn’t violate other policies. Credit: Bloomberg / David Paul Morris
Meta won’t remove ‘misleading’ A.I.
Facebook/Instagram parent Meta will allow more AI-generated content to stay up on its sites, even if that content is misleading. The company will label, not remove, misleading content that is AI generated but doesn’t violate other policies. Previously, Meta removed videos that had “been edited or synthesized” in ways that “would likely mislead an average person” into thinking someone had said something they did not. — BLOOMBERG NEWS
