Bloomberg Technology
Data Doesn’t Show AI Taking Jobs Just Yet
Oracle is planning to cut thousands of jobs as it looks to manage a cash crunch driven by AI spending, according to sources. It’s the latest major tech company to link layoffs to AI in some way. But Martha Gimble, executive director of the Yale Budget Lab, says data showing the tech is replacing human…
Bloomberg Technology
Intel’s Big Raise, Apple’s iPhone Roadmap | Bloomberg Tech 8/11/2026
Bloomberg’s Ed Ludlow breaks down Intel’s upsized $20 billion share sale, raising a third more than it was targeting when it announced the deal on Monday. Plus, sources tell Bloomberg that Apple’s glass-centric iPhone overhaul is still on track for 2027, even after an analyst’s report said it had been cancelled. And, drone startup Neros…
Bloomberg Technology
RUM Group’s $3 Billion AI Opportunity
RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual…
Bloomberg Technology
Sequoia Bets on Neros for American Drone Future (Correct)
Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a…
Let this be your last Short for the day #TEDTalk
Intel’s Big Raise, Apple’s iPhone Roadmap | Bloomberg Tech 8/11/2026
RUM Group’s $3 Billion AI Opportunity
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@thesilversnails
March 6, 2026 at 1:56 pm
Thanks for this objective take – anecdotes and substacks are not macro statistics….
@STELLVIA.
March 6, 2026 at 3:12 pm
If you believe that no jobs being taken by AI, the you might as well go collect your ‘flat earth society membership card’
@daShadoSage
March 6, 2026 at 7:42 pm
What data are you sourcing?
@kup4ever
March 6, 2026 at 3:25 pm
Oh ok. That explains why every major company that is investing in AI is simultaneously firing thousands of people. Great reporting! It really captures the reality of today’s workforce.
@daShadoSage
March 6, 2026 at 7:46 pm
Sigh. The same companies who hired 10s of thousands of employees during COVID and got bloated? So much so that you had Gen Z workers on TikTok showing how little they do if anything at all? Those same companies who are spending millions and billions on AI CAPEX & R&D, so they have to cut costs somewhere? Why wouldn’t it normally be their largest cost? Labor. And those same companies simultaneously and coincidentally committing billions in new office buildings, infrastructure, and hiring in India? The India AI Summit just happened a few weeks ago. Go see who was in attendance and how much they promised to invest, train, and hire.
There’s a joke that AI = Another Indian. In reality, it means Another Indian + AI tools + better translation tools.
Most of these companies are AI washing.
@kup4ever
March 6, 2026 at 7:57 pm
Uh, this is incorrect. I’m not going to write an entire essay, but research is key. Look up the Covid workforce numbers vs today and you will see there are more people employed today, but that is mainly due to a younger generation entering the workforce, not because of a Covid hiring increase.
@johnkerner6553
March 6, 2026 at 4:41 pm
Excellent guest. Have her every month
@user-tx9zg5mz5p
March 6, 2026 at 5:20 pm
This, whatever it is, is delusional 😂