#Chesky

Airbnb is dedicating more than $500 million to its philanthropic arm over the next five years. The announcement, made Wednesday, promises to increase temporary housing support for medical travelers and disaster survivors.

Brian Chesky, the cofounder and CEO of $103 billion short-term rental giant Airbnb, says managers need to do more than meetings to stay afloat in the AI era.

Airbnb also said its customer support AI bot now handles 40% of issues without escalating to a human agent.

From Business Insider: Airbnb's CEO says AI writes 60% of the company's code — and makes managers get their hands dirty

Brian Chesky, CEO of Airbnb, said he focuses more on recruiting than managing people as a leader, and recalls early advice Sam Altman gave him.

From Business Insider: Airbnb CEO says he doesn't think people managers 'will have any value in the future'