# AI automation
Latest news and articles about AI automation
Total: 2 articles found
Where China’s Spending Stalled: Why Cash Isn’t Reaching Households
Household saving in China has risen despite ongoing economic growth, as property-driven wealth effects and income insecurity curb consumption. Policymakers have deployed targeted fiscal support but face a deeper structural challenge: converting corporate profits and public investment into stable household income to sustain demand.
Microsoft Bets on Homegrown AI, Predicts Rapid Automation of White‑Collar Work
Microsoft is pivoting from heavy reliance on OpenAI to building its own leading large language models, mobilising vast compute and teams and planning roughly $140 billion in AI‑related capital spending. CEO Mustafa Suleyman warned many desk‑based white‑collar tasks could be automated within 12–18 months, a claim that underlines both the opportunity and disruption in Microsoft’s strategy to deploy professional‑grade general AI for enterprises.