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
Microsoft AI CEO, Mustafa Suleyman on Why Industry Needs a ‘Red Line’ for AI
Microsoft AI CEO Mustafa Suleyman talks about the growing alarm about AI and why he’s taking a human first approach in an interview with Bloomberg’s Shirin Ghaffary for the Q&AI newsletter. ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here: …
Bloomberg Technology
Accel Sees AI Opportunity Shifting to Applications
The AI spending boom is showing no signs of slowing down, but as billions pour into models, chips and data centers, investors are asking where the biggest returns will actually be. Accel Partner Matt Weigand, who focuses on late-stage technology investments including AI infrastructure, says the AI boom is the biggest technology cycle Silicon Valley…
Bloomberg Technology
Anthropic Goes Big on Compute, Microsoft Rethinks AI
Bloomberg’s Tim Stenovec breaks down Anthropic’s $11.6 billion contract with Akamai for AI computing power, the largest deal in Akamai’s history. Plus, President Donald Trump calls his meeting with his Chinese counterpart Xi Jinping “very productive” with little to show for it. And, Microsoft steps back from the race to build a personal chatbot by…
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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 😂