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AI Wealth Boom Leaves Out Silicon Valley’s Jobless Tech Workers

As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight…

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As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight the flip side of the AI boom. Bloomberg’s California reporter Francesca Maglione joins Ed Ludlow on “Bloomberg Tech.”
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4 Comments

4 Comments

  1. @ImriSchwarz

    September 17, 2026 at 3:11 pm

    Smart money is already rotating into Evorum while retail is still arguing about it, don’t get left behind.

  2. @matthew.stevick

    September 17, 2026 at 3:44 pm

    $: me
    missing out: nvda bears 🐻

  3. @BurgessMarchetto

    September 17, 2026 at 3:57 pm

    Meat’s back on the menu, boys, Evorum is that one play to make millionaires.

  4. @travisstewart8655

    September 17, 2026 at 6:57 pm

    I’m so sorry to hear that. You made fantastic money doing a job that you knew could be taken away at any moment while other people got careers and more stable jobs and made less money.

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Bloomberg Technology

Apple Makes Some Cuts in Hardware Engineering to Speed Up Development

On this episode of Power On, Bloomberg’s Mark Gurman breaks down how he believes Apple might streamline the company under John Ternus as the company pushes for a leaner, faster organization. Have a question for Mark? Email us at [email protected] or join the Power On Discord Subscribe to the Power On Newsletter at ——– Like…

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On this episode of Power On, Bloomberg’s Mark Gurman breaks down how he believes Apple might streamline the company under John Ternus as the company pushes for a leaner, faster organization.

Have a question for Mark? Email us at [email protected] or join the Power On Discord

Subscribe to the Power On Newsletter at

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Bloomberg Technology

Why Apple’s Vision Pro Is Struggling Compared to Meta’s VR Glasses

On this episode of the Power On podcast, Mark Gurman addresses backlash over his Vision Pro coverage, reporting that even top Apple executives don’t use the heavy, expensive headset. Have a question for Mark? Email us at [email protected] or join the Power On Discord Subscribe to the Power On Newsletter at ——– Like this video?…

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On this episode of the Power On podcast, Mark Gurman addresses backlash over his Vision Pro coverage, reporting that even top Apple executives don’t use the heavy, expensive headset.

Have a question for Mark? Email us at [email protected] or join the Power On Discord

Subscribe to the Power On Newsletter at

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Like this video? Subscribe to Bloomberg Tech on YouTube:

 
Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:

 
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Bloomberg Technology

US Suspends Visa Program for Tech Firms Including Microsoft

The Trump administration said it would suspend an immigration program for multiple tech firms that allows foreign workers to obtain green cards, including Microsoft, alleging widespread abuse of a worker visa system. Ed Ludlow has more. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech”…

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The Trump administration said it would suspend an immigration program for multiple tech firms that allows foreign workers to obtain green cards, including Microsoft, alleging widespread abuse of a worker visa system. Ed Ludlow has more.
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