Thursday, October 12, 2023

Here Are the Fastest Growing Entry Level Jobs in the US

When you’re first getting started in your career, it helps to know what sorts of entry level jobs you should be looking for. Indeed.com just put out a list of some of the most sought after entry level positions in the US, and it bears mentioning that these jobs are available for people both with and without degrees. That makes them a lot more accessible than might have been the case otherwise, so without further ado, here are the jobs you should be going for.

Right at the very top, Outside Sales Representatives have seen a massive 258% increase in job postings with all things having been considered and taken into account. This change occurred within the span of a year, and it is notable because of the fact that this is the sort of thing that could potentially end up offering more opportunities to recent graduates. The average compensation for this role is around $60,000 per year.

With all of that having been said and now out of the way, it is important to note that Transportation Coordinators came in second place, with a 227% uptick between the years of 2022 and 2023. This job can earn you $47,500 per year, which is a decent salary for someone that is just starting out.

Some might say that entry level jobs never pay well, but in spite of the fact that this is the case, the third fastest growing job out there, with a growth rate of 131%, is that of quality auditors. This job commands a hefty salary of $84,500 on average, which makes it one of the best paying roles included in these rankings.

Unsurprisingly, the accounting profession is also seeing a boom, with a 125% increase year over year. Tax preparers and loan processors also saw their job postings and overall level of demand go up by 123% and 100% respectively, indicating that jobs that involve handling money are on the rise.

However, all of the jobs we have just described require a college degree. What about those that haven’t yet been able to complete college, or who don’t plan to go to college at all? Well, the data released by Indeed.com brings plenty of opportunities to the table for those that lack college degrees as well.

First up, inventory managers have seen a 143% uptick in demand based on job postings analyzed on Indeed.com. With an average salary of $59,000, this job offers excellent compensation at an entry level, although the job that came in second on this list might be even better.

That’s mostly because the second fastest growing entry level job for individuals without a college degree, that of Auto Body Technicians, offers an average annual income of $82,500. This job does require technical training, but that just goes to show that a college education is not the only way in which you can go about obtaining a good salary. Job postings of this variety have doubled between 2022 and 2023.

Another job that has shown a similar rate of growth, 100% to be precise, is that of Environmental Health and Safety Specialists. This job obviously requires on-site training, but that will take far less time than going to college for years, and it will obviously be far more affordable for the average individual.

All in all, this report outlines paths that people can take when they are looking for their first job. It will be interesting to see what the data looks like in 2024.

H/T: Visualcapitalist
Read next: US Job Growth Remains High Causing Concern for More Inflation
by Zia Muhammad via Digital Information World

40% of Teens Are Using ChatGPT According to This Survey

When ChatGPT arrived on the scene, it seemed like it would take over the entire world. In spite of the fact that this is the case, usership has seen a major drop as of late, and it turns out that just 40% of teenagers have used it in the past 6 month with all things having been considered and taken into account.

This data comes from a new report by Piper Sandler that surveyed over 9,000 teenagers based in the US. With all of that having been said and now out of the way, it is important to note that ChatGPT also has a bit of a gender imbalance in its userbase, with around 68% of its users being male. This seems to suggest that ChatGPT is not catering to a female audience, although this is by no means the only conclusion that can be drawn from the data.

However, one thing to note here is that usership among teens has actually gone up. Back in spring, Piper Sandler conducted the same survey and found that just 24% of teenagers had used ChatGPT up until that point. Regardless of this, the data suggests that ChatGPT has seen declining usership for three months straight, which does not bode well for the future of the Large Language Model.

Teens might be hesitant to use ChatGPT because of the fact that this is the sort of thing that could potentially end up getting them accused of plagiarism. AI content checkers are notorious for flagging human written content even if no AI was used in its creation, and many teens are worried about how this might impact their ability to get ahead in life.

Furthermore, ChatGPT’s link to schooling is further cemented by the fact that usership went down during the summer. Kids were out of school during this time period, and they might not have needed ChatGPT for research the same way that they do during the months in which school and classes are in full swing.

All in all, ChatGPT is in troubled waters as of right now, and that means that OpenAI will need to think of new ways to push things forward. This would not be the first time that a company broke a new industry wide open only to lose to newer competitors, and OpenAI would not want to become the next Yahoo.


Read next: OpenAI's Sneaky Plan to Woo Developers with Thrifty Twists
by Zia Muhammad via Digital Information World

TikTok Twists the Rewards Game for Filter Creators

TikTok has clutched everyone in its charm like nothing else. If you are a genuine TikTok user, this news might interest you. TikTok is jazzing up its Effect Creator Rewards program in a quirky twist of fate. This move could mean lower entry barriers, but perhaps not a jackpot of payouts for the creative minds behind the filters. Brace yourselves, folks, because the filter frenzy is about to take a wild ride.

The Effect Creator Rewards program, which debuted in May, set aside almost $6 million to recompense the creative minds behind the captivating effects and filters that keep us enthralled. Sounds crazy and fun at the same time, right? But wait, there is more to the story. It was a gruelling work for these creators before this program, slaving away on filters and mini-games with little to show for it while being the unsung heroes behind TikTok's popularity. They have to jump through hoops in order to have their filters appear in at least 500,000 videos.

TikTok, on the other hand, has thrown them a curveball by lowering the bar. Creators now only need five filters featured on the platform, with at least three of them appearing in at least 1,000 videos. You could say it's like opening the gates to the filter playground, giving smaller creators a chance to strut their stuff.

And the excitement doesn't stop there; this program is literally broadening its bounds. TikTok creators hail from Brazil, Australia, Canada, Finland, Indonesia, Ireland, Japan, Korea, Malaysia, the Netherlands, the Philippines, Poland, the United Arab Emirates, and Vietnam. But, worldwide creators, don't get too excited just yet; we're still waiting for that all-inclusive world tour invitation. There is no word on when TikTok will open its doors to creators globally.

TikTok is now adding a layer of surprise to the rewards game. They're being mysterious about the salary rates. Instead of the traditional flat price for all creators, they implement a flexible payout structure.

According to TikTok, the amount each creator receives will be impacted by a number of factors, including "the region where the video was created." But keep your filters handy; it's unclear if this will be a boon or a bane for creators. Suppose TikTok takes into account the cost of living in each country. In that case, we may see creators in the United States take home a disproportionately more significant share of the $6 million pot. In contrast, their counterparts in developing countries are left with crumbs for the same amount of effort. We've already contacted TikTok for more information on this new payout scheme. We'll keep you updated if they reveal anything.

In a word, TikTok is giving the Effect Creator Rewards program a humorous twist. They've simplified the admission restrictions, expanded the geographic reach, and spiced up the prizes with a little mystery. It remains to be seen if these adjustments will make creators rejoice or rip their hair out in anger. TikTok, you've kept us all on our toes, and the world of filter creators is in for a wild ride of change and unpredictability.

To summarize, TikTok has thrown a curveball at its Effect Creator Rewards program, making it easier for creators to join in on the fun, expanding its worldwide reach, and creating a variable reward structure as transparent as a murky fish tank.

What does this mean for creators? We'll have to wait and see, but one thing's for sure: TikTok knows how to keep us entertained, even when it comes to the serious business of filters and effects. Stay tuned for more updates as TikTok unravels the mysteries behind these changes.


Read next: Google-Apple Search Deal Worth $18-$20 Billion in 2023, Bernstein Claims
by Rubah Usman via Digital Information World

Wednesday, October 11, 2023

AI Video Upscaler: Choosing the Best AI Video Upscaling Software to Remaster Your Low-quality Footage

In recent years, with the development of technology, video upscaling with artificial intelligence has been on the rise. With the help of advanced algorithms and machine learning techniques, AI can improve the quality of videos, making them look sharper, clearer, and more professional.

But why is video upscaling so crucial? How AI video upscaling is different from traditional video upscaling? Read this article to learn the necessity of video upscaling, how AI video upscaling excels, and explore a variety of AI video upscalers on the market.

The Power of AI: Transforming Videos with Upscaling

Part 1: Why Video Upscaling is Necessary

Nowadays, videos have become an indispensable part of our digital lives. However, due to the limitation of recording equipment, ambient environment, and a variety of other factors, some videos are of low quality and suffer from a lack of detail, pixelation, and overall poor visual quality, making them less enjoyable to watch. That is where video upscaling technology comes to the rescue.

Part 2: AI vs. Traditional Upscaling Method

Traditionally, upscaling was done using simple methods like pixel duplication or bicubic interpolation. However, these techniques often resulted in blurry or distorted images, making the upscaled videos look unnatural.

AI video upscaling, however, leverages complex algorithms and machine learning techniques to analyze low-resolution videos. The software then compares each frame to thousands of similar frames from a vast database of high-quality videos. Based on this analysis, the software can predict missing pixels and fill them in, resulting in a higher-resolution output.

Part 3: Exploring AI Video Upscaler Options

There has been a surge of AI video upscaling software available in the market. This article will introduce 3 popular options, including AVCLabs Video Enhancer AI, Topaz Video Enhance AI, and Davinci Resolve.

3.1 AVCLabs Video Enhancer AI

AVCLabs Video Enhancer AI stands out for its user-friendly interface and efficient processing. It uses deep learning models trained on thousands of videos and movies to upscale videos from SD (480p) to Full HD (1080p), and even up to 8K resolution.

Key Features of AVCLabs Video Enhancer AI:

  • Increase video resolution by 400% without quality loss.
  • Enhance video quality to make them clearer and more crisp.
  • Powerful face refinement technology to restore blurry faces.
  • Colorize black-and-white videos in one click.
  • Motion compensation to create slow-motion effects.

Pros:

  • Simple and Intuitive user interface.
  • Improve video quality with super resolution and multi-frame enhancement.
  • A dedicated face recovery model.
  • NVIDIA TensorRT Acceleration to improve speed 1-3 times faster.
  • Free trial option and money-back guarantee.

Cons:

1 license for 1 PC only.

Pricing:

$39.95/Month; $119.95/Year; $299.90/Lifetime; perpetual free update.

3.2 Topaz Video Enhance AI

Topaz Video Enhance AI is well-known for its advanced machine-learning models that promise stunning output quality. It has the capability to upscale videos up to 8K and is exceptional at maintaining the original video's natural details and motion consistency.

Key Features of Topaz Video Enhance AI:

  • Can upscale videos up to 8K.
  • Custom AI enhancement models to suit different needs.
  • Frame interpolation technology to increase frame rate.
  • Stabilization model to reduce camera shake.

Pros:

  • Advanced machine learning models.
  • Various customization options
  • Offer a free trial to test full features

Cons:

  • Complex user interface for beginners.
  • Computer resource extensive

Pricing:

  • $299.00 for permanent use; 1 year free update

3.3 Davinci Resolve

Davinci Resolve is acclaimed for more than just its upscaling capabilities. This software is a comprehensive suite of video editing tools, making it a one-stop solution for video creators. Its Super Scale feature is an added advantage providing quality upscaling.

Key Features of Davinci Resolve:

  • A wide range of features including color correction, motion graphics, and visual effects.
  • AI-driven upscaling and enhancement functions.
  • Comprehensive video editing tools including trimming, cropping, transitions, and more.

Pros:

  • Professional post-production editing for films and television shows.
  • Offers more versatility than just video upscaling.
  • Robust color correction and grading capabilities.
  • Wide format support.

Cons:

  • Robust hardware setup to function optimally.
  • It might be a significant investment for some users.

Pricing:

  • Free version available; paid version at $295.00 permanently.

Last Words

It is common for us to encounter videos that are pixelated, blurry, and lacking in detail. Fortunately, increasing video quality without losing the original details is not a distant dream now. Artificial intelligence is one of the most important driving forces. The use of AI not only helps to improve the resolution but maintain its original texture, which is different from traditional upscaling. You can choose the most appropriate AI video upscaler depending on your specific needs.

AVCLabs Video Enhancer AI offers a straightforward and fast video upscaling solution, while Topaz Video Enhance AI provides more tailored possibilities. On the other hand, Davinci Resolve is best for those in need of professional-grade video editing alongside upscaling. Regardless of your choice, each of these tools offers a unique approach to upscale your videos with the power of AI.

by Web Desk via Digital Information World

FTC Moves to Protect Consumers from Hidden Fees

Good news digital shoppers! The Federal Trade Commission (FTC) is proposing a rule to ban hidden junk fees to, which can significantly increase the price of goods and services when shopping online. Junk fees are often disclosed in small print or at checkout, making them difficult for consumers to understand, which is a common dark pattern adopted by big ecommerce giants.

Under the proposed rule, eCommerce platforms would have to disclose all fees upfront and to explain what each fee is for. Businesses would also be prohibited from charging fees for services that consumers have not explicitly agreed to.

"Prices are sometimes advertised as “free,” but are not in fact free when fees are added", finds the report.

The FTC estimates that consumers pay billions of dollars in junk fees each year. These fees can add up quickly, especially for low-income consumers. The proposed rule would help to protect consumers from these unfair and deceptive practices.

Why this is important:

Junk fees are a major financial burden on consumers. These tactics can make consumers spend a lot more than required. The FTC's proposed rule is a welcome step towards protecting consumers from these unfair and deceptive practices.


Read next: US Job Growth Remains High Causing Concern for More Inflation
by Irfan Ahmad via Digital Information World

US Job Growth Remains High Causing Concern for More Inflation

Creating jobs is generally a good thing for a nation, but in spite of the fact that this is the case, the present economic climate has necessitated the Fed to cool things down. Reducing the number of jobs in the economy is necessary because of the fact that this is the sort of thing that could potentially end up reducing the amount of money in the system.

Too much money means people would be willing to spend more for the same products, and this is just one of the many causes that can lead to inflation with all things having been considered and taken into account. It turns out that job growth in the US has actually outpaced pre-pandemic highs, suggesting that inflation may very well get worse than might have been the case otherwise.

With all of that having been said and now out of the way, it is important to note that 336,000 new jobs were created in the month of September alone. This is nearly twice the 170,000 new jobs that were estimated, which seems to suggest that the Fed is failing to keep its grip on the economy that it has been tasked with managing.

Upon the announcement that more jobs were created than were initially expected, the stock market took a bit of a tumble. However, the pulse pounding trading session that occurred on Friday ended on a high when the S&P 500 posted a growth rate of 1.18%. This indicates that investors are prioritizing the rapidly cooling growth in wage rates. While new jobs are being created, wages are still stagnating, and this creates hope that the system will cool down as the money supply starts to dwindle.

Furthermore, it appears that the unemployment rate has remained stable despite the enormous quantity of new jobs being created. People are not able to take these new jobs on, and that is giving investors more hope that the stock market will rise. The interconnected system of commerce requires a delicate balancing act, and oftentimes seemingly harmful things like a lack of new jobs can be for the greater good.

However, it is important to recognize how the current state of affairs is impacting individuals, many of whom are unable to pay their bills. The Fed might not need to hike interest rates further due to the stock market’s surprise turnaround.

U.S. Job Growth Continues Beyond Pre-Pandemic High
H/T: Statista
Read next: FTC Highlights Profits Worth Billions Made By Scammers Through Fraud Conducted On Social Media
by Zia Muhammad via Digital Information World

IMF: Inflation to Remain Above Target Until 2025 in Most Advanced Economies

The International Monetary Fund (IMF) has warned that inflation is expected to remain elevated until 2025, despite recent declines in energy prices and supply chain disruptions. In its latest World Economic Outlook, the IMF predicts global inflation to reach 6.9% this year, which is 1.8% down when comparing it from 8.7% of last year. However, IMF expects inflation to remain above target in most advanced economies (including US and Euro Area, including Germany, France, Finland and more) until 2025, due to persistent core inflation pressures.


The IMF attributes the high inflation to a number of factors, including the war in Ukraine, supply chain disruptions, and strong demand. The war in Ukraine has caused energy prices to soar, while supply chain disruptions have made it more difficult and expensive to produce and transport goods. Strong demand, particularly for goods, has also contributed to higher prices.

The IMF has urged central banks to raise interest rates aggressively in order to bring inflation down. However, it has warned that this could lead to a slowdown in economic growth.

What does this mean for businesses and consumers?

Businesses can expect to face higher costs due to inflation. This could lead to higher prices for consumers and lower profits for businesses. Consumers can expect to pay more for goods and services, and may have to cut back on spending.

What can businesses and consumers do?

Businesses can try to reduce costs by renegotiating contracts with suppliers and finding ways to improve efficiency. They can also pass on some of the higher costs to consumers, but they will need to be mindful of the impact on demand.

Consumers can try to save money by shopping around for the best prices and cutting back on unnecessary expenses. They can also consider investing in assets that tend to do well in times of inflation, such as real estate and stock that has a strong history of performing well.

Conclusion

The IMF's prediction that inflation will remain elevated until 2025 is a significant concern for businesses and consumers. However, there are steps that businesses and consumers can take to mitigate the impact of inflation.

Read next: AI Chatbot Outperforms Average Human in Creativity Test
by Irfan Ahmad via Digital Information World