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Business

Caribbean Times News (June 3)

By Michael Derek Roberts

Bi-weekly local newspaper

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https://covver.com/magazine/info-himc/caribbean-times-news-june-3-38AVtpiSz4qggsnpb1yc
Published
Jun 4, 2026
Pages
32

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  • CaribbeanTimesONE PEOPLE UNDER THE SUN WWW.CARIBBEANTIMES.COM | JUNE 4-17, 2026
  • Page 22 caribbeantimes.com
  • Page 3w INTERNATIONAL AND NATIONAL :::: CARIBBEAN AMERICAN HERITAGE MONTH
  • RESOURCE GUIDEFROM THE PUBLISHER :::: CARIBBEAN AMERICAN HERITAGE MONTH Caribbean Times celebrates 10 years of serving the Caribbean community caribbeantimes.com
  • Page 5S POLITICS AND GOV'T :::: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 66 POLITICS AND GOV'T :::: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 7ས IMMIGRATION ::: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 88 POLITICS AND GOV'T :::: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 9Our City. Your Vote. New York City belongs to all of us. This June, voters will head to the polls to elect leaders in state and federal elections.
  • Page 1010 10
  • ECONOMY11 CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 1212 12
  • Page 1313 OPINIONS / COMMENTARY :: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 1414 CELEBRATING caribbeantimes.com
  • Page 1515 TECHNOLOGY :::: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 1616 LAW AND ORDER caribbeantimes.com
  • Page 1717 LAW AND ORDER :::: CARIBBEAN AMERICAN HERITAGE MONTH just survive, live in constant fear, and be subject to intimidation, displace- ment, violence and trauma as gangs take advantage of the vulnerability of these children," said Frazier.
  • Page 1818 BUSINESS PROFILE :::: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 191999 ARTS - ENTERTAINMENT
  • Page 2020 20
  • Page 2121 DISCOVER THE FLORIDA
  • Page 2222 22
  • Page 2323 LIFESTYLE :: FOOD AND DRINK :: CARIBBEAN AMERICAN HERITAGE MONTH
  • Page 2424 ACKNOWLEDGEMENTS :::: CARIBBEAN AMERICAN HERITAGE MONTH caribbeantimes.com
  • HEALTH :::: CARIBBEAN AMERICAN HERITAGE MONTHGuyana set for historic robotic heart surgery linking surgeons across continents (BROOKLYN, New York): Guyana is pre- paring to make medical history on Tuesday with what officials say will be a groundbreaking robotic cardiac procedure connecting surgeons in South America and India through advanced remote technology.
  • Page 2626 caribbeantimes.com
  • JACKSONShan away for a commanding, wire-to-wire triumph. Ba- hamas' Shaunae Miller-Uibo once again finished second, crossing in a season's best 22.04. Former meet record holder Anavia Battle of the United States took third in 22.29 (SB), while 2023 world 100m champion Sha'Carri Richardson placed fourth in 22.38 (SB). It was a banner day for Ja- maican athletes in Xiamen. Olympic shot put bronze medalist Rajindra Campbell launched a national record of 22.34 meters on his fifth at- tempt to seize victory, outlast- ing Americans Jordan Geist (21.52) and Ryan Crouser (21.41).
  • Page 2828 SPORTS caribbeantimes.com
  • Page 29Both Calder and Bristol also competed in the Shot Put and produced personal best perfor- mances. Calder was sixth with 16.29m, while Bristol finished 12th with 15.24m. In the Men's Javelin Throw, Rayvohn Telesford of South Plains College recorded a personal best of 62.41m to finish sixth. Bris- tol also competed in the event and placed 12th with another personal best of 51.69m. Shaquane Toussaint of Monroe University also delivered strong performances in the Men's 200 meters. He clocked a personal best 20.26 seconds in the preliminary round and later finished fifth in the final in 20.37 seconds. Shantay Au- gustine of Iowa Western Commu- nity College finished sixth in the Women's 100m Hurdles in a per- sonal best time of 13.67 seconds. She also anchored her team to sixth place in the Women's 4x100m relay in 46.47 seconds.
  • Page 3030 replace workers faster than new jobs are created, lead- ing to permanent under- employment, widening in- equality, social unrest, and increased concentration of wealth in major technolo- gy companies. These con- cerns are especially serious for workers performing routine knowledge-based tasks and for those without advanced technical skills. Unlike past waves of auto- mation, AI threatens both blue-collar and white-collar jobs.
  • CASTROContinued from page 6 ington "distorts other historical truths about the event it uses as a pretext. "It omits, among other details, the numerous formal complaints filed by Cuba during that period with the State Department, the U.S. Federal Aviation Administra- tion (FAA), and the International Civil Aviation Organization (ICAO) regarding more than 25 serious and deliberate vio- lations of Cuban airspace committed by the cited organization between 1994 and 1996, in blatant transgression of interna- tional law and U.S. legislation itself. "It also ignores public and official warnings issued by Cuban authorities about the inadmissibility of such viola- tions of its airspace and alert messages conveyed directly to the President of the United States about the seriousness and possible consequences of such transgressions.
  • Page 3232 caribbeantimes.com
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TECHNOLOGY :::: CARIBBEAN AMERICAN HERITAGE MONTH

Growing alarm over Al costing jobs

(BROOKLYN, New York): Americans are increasingly con- cerned that Artificial Intelligence (AI) is costing jobs and, as the tech- nology expands, could eliminate many more. Those concerns are valid. AI is already replacing specif- ic tasks within jobs, and entire roles may shrink as companies automate more work.

Historically, new technologies have destroyed some jobs while creating others. The difference with modern AI is the speed of change and the fact that it can perform mental work, not just physical la- bor. Employment firm Challenger, Gray & Christmas reported that companies explicitly attributed about 12,700 U.S. layoffs to AI in 2024 and roughly 54,800 in 2025.

By early 2026, additional AI- linked cuts were reported in the thousands. Some reports counted more than 17,000 AI-specific layoffs during the first nine months of 2025, with September 2025 alone seeing about 7,000 cuts. Broader layoffs tied to automation, software upgrades, AI systems, and work- flow restructuring were even larger, exceeding 20,000 additional cuts in 2025.

Estimates of jobs lost in the U.S. because of AI range from roughly 50,000 to 75,000 over the past few years, while hundreds of thousands more may have been indirectly af- fected by automation and AI-driven restructuring. At the same time, AI has also created jobs. LinkedIn and other labor analyses estimate AI-related hiring created roughly 640,000 jobs in the U.S. between 2023 and 2025, though many re- quire advanced technical skills.

Economists warn the bigger im- pact may still lie ahead. An MIT-re- lated analysis estimated current AI systems could potentially perform tasks tied to about 11-12% of the U.S. labor market.

While AI has not yet caused mass unemployment nationwide, it is already reshaping industries such as software development, customer service, data entry, administrative work, content creation, legal re- search, and some finance functions. Some economists believe the long- term effect may be fewer entry-lev- el white-collar jobs rather than the sudden replacement of workers.

Research indicates several occu- pations are especially vulnerable to AI:

Customer service

AI chatbots and voice systems can answer questions, process re- funds, book appointments, trou- bleshoot problems, and handle complaints. A company that once needed 500 call-center workers may now require only 100 supervisors

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Office and clerical jobs

AI can summarize meetings, write emails, generate reports, or- ganize schedules, process invoices, enter data, and analyze spread- sheets. Administrative assistants, data-entry clerks, and back-office workers are increasingly vulnerable because one employee using AI can now perform work that once re- quired several people.

Journalism and content creation AI can produce news summa- ries, sports recaps, marketing copy, social media posts, photographs, and basic video editing. Media companies may reduce the number of copywriters, junior reporters, and editors they employ. Human writers remain essential for inves- tigative journalism, creativity, and public trust, but routine content is DR. TRACEY JOSEPH DDS., PLLC DDS., GENERAL COSMETIC DENTIST 1655 Flatbush Ave. (Bet. H&l) 718-377-1319

Caribbean Times | June 4-17, 2026 becoming increasingly automated. Software engineering

AI coding systems can write code, debug programs, generate websites, create documentation, and automate testing. This may re- duce demand for junior program- mers and outsourced coding teams. Senior engineers remain highly valuable because humans are still needed for areas such as system ar- chitecture and security. However, smaller teams can now build larger systems.

caribbeantimes.com

Retail and fast food

Automation already includes self-checkout systems, AI ordering kiosks, robotic food preparation, and automated inventory systems. Fast-food restaurants may eventu- ally operate with only a handful of workers.

Healthcare

AI is assisting rather than replac- ing doctors, but it is already analyz- ing medical scans, suggesting diag-

Continued on page 30