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
Aspiring Nvidia Rival Gets Backing From Jane Street
Startup Etched is emerging from stealth with an eye towards taking on chip heavyweight Nvidia, as the industry shifts from training AI models to running them. The company has raised $800 million in funding including backing from Jane Street and TSMC-linked firm Venture Tech Alliance. Etched CEO Gavin Uberti sits down with Ed Ludlow for…
Bloomberg Technology
How Birthright Citizenship Ruling Impacts the Tech Job Sector
The Supreme Court officially struck down President Trump’s signature restrictions on birthright citizenship, with implications for the future of the US tech workforce, which relies heavily on immigrant talent. Hiba Anver, partner with Erickson Immigration Group, joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the…
Bloomberg Technology
Chip Stocks on Track for Best Quarter Ever | Bloomberg Tech 6/30/2026
Bloomberg’s Ed Ludlow breaks down what’s behind the chip stock rally, with the sector heading toward its best quarter ever. Plus, Taiwan raids the offices of Super Micro as part of an investigation into the alleged smuggling of Nvidia chips into China. And, how a billion-dollar misunderstanding has left Korean investors empty-handed in the blockbuster…
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Aspiring Nvidia Rival Gets Backing From Jane Street
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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 😂