Regenerative AI is set to create more jobs in the video game industry, according to Take-Two CEO Strauss Zelnick. Despite layoffs in the industry, Zelnick believes AI will increase productivity and GDP, leading to more employment opportunities. A recent report found that 1-in-10 game developers were laid off in the previous year, with 30% citing AI as having a negative impact on the industry. Microsoft laid off 9,000 workers, including those who trained AI for games like Candy Crush. Video game companies are increasingly turning to AI for development, sparking concerns about future job losses. 1. The stock market reached new record highs today, with the S&P 500 closing at 4,200 points and the Dow Jones Industrial Average at 34,000 points. This surge was driven by positive corporate earnings reports and optimism about the economy reopening.

2. A new study published in the Journal of Medicine found that the Pfizer-BioNTech Covid-19 vaccine is highly effective at preventing infection in adolescents aged 12 to 15. The study showed a 100% efficacy rate in this age group, raising hopes for a return to normalcy for schools and families.

3. In international news, tensions are escalating between Russia and Ukraine as Russia continues to amass troops along the Ukrainian border. The United States and European Union have expressed concerns over the situation, calling for de-escalation and diplomatic solutions to the conflict.

Read more at 1. Tesla’s Cybertruck prototype was spotted near the Gigafactory in Nevada. – finance.yahoo.com
2. The S&P 500 closed at a record high on Friday, driven by strong earnings reports. – finance.yahoo.com
3. Apple announced a new privacy feature that will allow users to block tracking by advertisers. – finance.yahoo.com
4. The Federal Reserve is set to meet this week to discuss interest rates and inflation concerns. – finance.yahoo.com: Video Game CEO Says Regenerative AI Will ‘Increase Employment,’ Despite Job Losses In The Industry