Bloomberg Technology
How AI Is Eroding the First Rung of the Tech Job Ladder
The US information sector shed roughly 23,000 jobs in August, offering another potential signal of how AI is reshaping the labor market. Northeastern University Professor Alicia Modestino discusses why tech may be the “canary in the coal mine,” with her research showing a decline in junior versus senior software developer vacancies since ChatGPT’s release. She…
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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@118Columbus
September 4, 2026 at 3:21 pm
Life sucks — you pay $400,000 for your kids to get a good college degree and then they can’t get a job. The parents burned their retirement dollars to put the kid through college.
@makedredd299
September 5, 2026 at 3:41 am
It’s a scam that is finally running on fumes.
@straightdrive6192
September 6, 2026 at 3:33 pm
a college degree is a scam, none will land a job with basic degrees, we are all trained to think in one direction only, goat brains.
@davejzielinski
September 4, 2026 at 6:41 pm
Nothing makes a CEO shed a tear like having to pay their employees!
@audspace11
September 4, 2026 at 7:05 pm
cooked
@sleepyinseattle4615
September 4, 2026 at 8:49 pm
Womp womp
@AnkurJaiswal-p2y
September 5, 2026 at 2:23 pm
Opposing data centers will make it worse.
@joweb1320
September 5, 2026 at 8:19 pm
Once the AI bubble bursts, look forward to a recession.
@madalinradion
September 5, 2026 at 8:56 pm
Not gonna happen, you’re better off waiting for the tooth fairy
@joweb1320
September 5, 2026 at 9:01 pm
@madalinradionJust a matter of time. Like all bubbles, gravity brings them back down.
@RinaaaYa
September 6, 2026 at 6:03 pm
We are already in a recession.
@someone-in-paris-at-moment
September 7, 2026 at 10:29 am
Don’t worry rich at the top like Elison will get bailouts, they will be fine
@madalinradion
September 7, 2026 at 12:18 pm
@joweb1320 dude ai is not in a bubble wake up, there is only a lot of spending because the businesses are in the expanding phase, and the revenue is growing year by year, and the companies can’t actually meet all of the demand that is requested because of a lack of compute, so the spending is justified, give up on waiting for unicorns there is actually a solid business model here
@joweb1320
September 5, 2026 at 8:20 pm
Tell your kids to learn auto mechanics. No shortage of those jobs. Pay is good also.
@Hossain-k5o
September 6, 2026 at 5:43 am
Until those car owners also run out of money
@uvicjames
September 6, 2026 at 8:11 am
If the market is flooded with new auto mechanics, the average wage will drop. Supply and demand.
@joweb1320
September 6, 2026 at 4:12 pm
@uvicjamesBut it isn’t.
@madalinradion
September 5, 2026 at 8:55 pm
Glad to hear it, fuck work
@chrisjones469
September 5, 2026 at 9:01 pm
The first rung? I was laid off over 9 weeks ago, along with dozens of others, and none of us can even get interviews. I’m a senior-level professional with over 3 decades in the workforce. Software is essentially cooked. Even if in theory you could land something, how long are they going to pay you to ask an LLM to build something? There’s no real moat anymore. The tech theater on LinkedIn about “coding was never the hard part” is pure nonsense. Typing, sure, but coding is the mental effort needed to plan an implementation around business needs. That’s effectively gone. Yes, AI is actively destroying jobs, and it won’t stop at software. That’s the beta run they need to signal to investors they can pull off white collar replacement.
@yonghoju
September 7, 2026 at 3:13 am
This is the truly terrifying truth isn’t it? Is it time to just write loops and tell the agents to make you some cash? I feel quite lost…
@Hank-d1b
September 6, 2026 at 12:20 pm
Is this just the start of something bigger and darker as far as AI and tech is concerned.
@cayennevenise8706
September 6, 2026 at 3:10 pm
Entry-Level at Anthropic is like at least +8 years professional experience with track record.
@someone-in-paris-at-moment
September 7, 2026 at 10:32 am
Prblem isn’t AI. These bimbos at the top arent promising cheap personal AI models, but wanna control it via a subscription.