The Decline of the Roughneck: How AI and Automation are Transforming the Oilfield Industry
The roughneck is slowly disappearing from the oilfield as AI and automation take over Picture an oilfield. Chances are you see a greasy drilling rig surrounded by a group of equally greased-up and grizzled oilmen, moving heavy equipment in a dangerous and labor-intensive environment. Not these days. The coverall-adorned roughnecks of yesteryear today are now […]
Oil and Gas Workforce Declines
Oil and Gas Workforce Shrinks The number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the data, which was accessed by Rigzone, the number of employees in the sector has declined […]
AI Drug Companies Are Facing Challenges—but Don’t Blame the Technology
AI drug companies are struggling—but don’t blame the AI Moonshot hopes of artificial intelligence being used to expedite the development of drugs are coming back down to earth. More than $18 billion has flooded into more than 200 biotechnology companies touting AI to expedite development, with 75 drugs or vaccines entering clinical trials, according to […]
2025 Oil & Gas Cloud Applications Market Report PDF
Oil & Gas Cloud Applications Market Report PDF 2025 Oil & Gas Cloud Applications Market DataM Intelligence has published a new research report on “Oil and Gas Cloud Application Market Size 2025”. The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players […]
Google Caught Claiming the Open Web is in ‘Rapid Decline,’ Sparking Outrage Among Publishers Over ‘AI Content Theft’
Google got caught saying the open web is in ‘rapid decline’ and publishers are up in arms about its ‘AI content theft’ Google is under intense scrutiny for making contradictory statements about the health of the open web, even as publishers and industry critics are seeing issues with how it siphons content for its AI-powered […]
10 Key Insights from Angola Oil & Gas 2025
10 Major Outcomes from Angola Oil & Gas 2025 This year’s edition of the Angola Oil & Gas (AOG) Conference and Exhibition, which took place on September 3-4 in Luanda, featured a series of industry-advancing developments. From billion-dollar commitments, project launches and scholarships, to block updates and deals, AOG 2025 reaffirmed its position as the […]
e.l.f. Beauty’s CDIO Claims Responsibility for AI’s Foundation, Emphasizing It’s Not Just an IT Mandate
e.l.f. Beauty’s CDIO says she’s responsible for AI’s foundation, but that these tools aren’t an IT mandate Ekta Chopra, the chief digital information officer of e.l.f. Beauty, says the fast-growing beauty brand is piloting 85 different agentic artificial intelligence use cases. But giving employees more access to generative AI tools doesn’t come with a mandate […]
7 Game-Changing Agreements Established at AOG 2025
7 Industry-Advancing Deals Signed at AOG 2025 The Angola Oil & Gas Conference and Exhibition, which concluded in Luanda last week, once again proved itself as the go-to platform for dealmaking in the country’s oil and gas sector, with seven significant deals signed during the event. ANPG, Sonangol, Red Sky Energy and Acrep Angola’s upstream […]
Sam Altman: Increased AI-like Communication is Making Human Interactions Feel ‘Very Fake’
Sam Altman says people are starting to talk like AI, making some human interactions ‘feel very fake’ Even CEOs of major AI companies are starting to admit the pitfalls and quirks of the technology.OpenAI CEO Sam Altman on Monday said he’s had “the strangest experience” reading a Reddit thread about Codex, his company’s new agent […]
PwC UK’s Chief Acknowledges Job Cuts at Entry-Level and Monitors AI’s Impact on Work Dynamics
PwC’s U.K. chief admits he’s cutting entry-level jobs and watching to see how AI changes work Gen Z college graduates are eager to launch their careers but are instead hitting a wall. Despite promises that degrees would open doors to stable, well-paying jobs, just landing an interview is an uphill battle. Even execs are slowly […]