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Record 72 Million Americans Expected to Travel During July 4 Holiday, Fueling Hotel Industry Surge
A record-breaking 72.2 million Americans are expected to travel at least 50 miles from home during the 2025 July 4 holiday period, according to AAA, marking a 2.4% year-over-year increase and signaling robust demand for hotels, flights, and leisure destinations. Despite economic headwinds, travel intent remains high, with more Americans choosing to stay in paid lodging and travel further afield for the celebrations.
Number of new UK entry-level jobs has dived since ChatGPT launch – research
New research reveals that the launch of generative AI, especially tools like ChatGPT, has corresponded with a sharp decline in entry-level job postings in the UK. As businesses adopt AI for routine and administrative roles, concerns are mounting over the future employment prospects for young people entering the workforce.
Today in AI: YouTube Advances Search With AI, AP Police Harness AI to Prevent Crime, and India Adopts Smart Tech Against Poaching
This week’s top artificial intelligence news includes YouTube’s new AI-powered discovery features, Andhra Pradesh police’s ambitious AI integration for better crime prevention, Nvidia’s global research expansion with Chinese talent, escalating talent wars between OpenAI and Meta, and India’s tech-forward approaches to wildlife conservation. These developments highlight the pervasive and fast-moving influence of AI on technology, law enforcement, industry, and environmental protection.
Why AI Will Eat McKinsey’s Lunch — But Not Today
Venture capitalist Navin Chaddha of Mayfield is betting that AI will disrupt the $5 trillion global professional services sector by empowering software-driven models with superior efficiency and margins. Yet, the replacement of powerhouse consultancies like McKinsey won’t be immediate, as entrenched relationships, trust, and the innovator’s dilemma slow full adoption, making near-term opportunities ripe in underserved markets.
Broadcom (AVGO) Surges as AI Chip Demand Rockets: Analysts Project $315 and Beyond
Broadcom (AVGO) is gaining strong momentum in the capital markets, driven by soaring demand for its AI-related semiconductors. Analysts have raised price targets even as the company expands product lines and deepens partnerships with major tech giants. Despite some risks, Broadcom is firmly positioned as a leader in the AI infrastructure space moving into the latter half of 2025.
