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Nvidia CEO Says He Has Plans to Either Change or Eliminate Every Single Person's Job With AI

Wall Street was bristling earlier this month as the chipmaker Nvidia behind the AI boom hit a record market value of $3.92 trillion, narrowly eclipsing Apple's record of $3.915 trillion set last December. Just days later, Nvidia became the most valuable company in history, breaking the $4 trillion value ceiling and pushing CEO Jensen Huang up to being the world's sixth richest person, with a net worth of over $143 billion. With his bag safely secured for the next several dozen generations, Hua

Trump Appears to Go TACO on Rumors He’ll Fire Fed Chair Jerome Powell

Reports leaked Wednesday that President Donald Trump was getting ready to fire the chairman of the Federal Reserve, Jerome Powell. The news caused markets to dip, but TACO, the popular Wall Street acronym that stands for Trump Always Chickens Out, appears to be the dish of the day, as the president denied he was going to fire Powell while speaking to reporters in the White House. “He should have cut interest rates a long time ago. Europe has cut ’em 10 times in the short period of time, and we

Don't Make the Job Hunt Harder. 9 Strategies to Stay Sane and Get Hired

From ghosting to burnout, experts share how you can land a job in a brutal market. Jeffrey Hazelwood/CNET Stephanie Wandell applied to hundreds of jobs since getting laid off from a tech marketing role last November. When I spoke to her this summer, she'd been ghosted by recruiters and hadn't received any offers. "I was a little bit naive going into it, thinking I could do what I always do and depend on applying to as many places as I can," said Wandell. "It became pretty clear that this time

Laid off Candy Crush studio staff reportedly replaced by the AI tools they helped build

Microsoft’s extensive gaming portfolio was hit hard by sweeping layoffs earlier this month. The situation appears to have been particularly galling for staff at Candy Crush developer King who are reportedly set to be replaced by AI tools they worked on. Multiple anonymous sources have told MobileGamer.biz that a number of narrative, UX, level design and user research staffers at King have spent several years helping to build and train AI models that can do their jobs more quickly. Those same em

Joby Aviation says it is doubling production at its air taxi manufacturing hub

JoeBen Bevirt, founder and CEO of Joby Aviation, stands near an electric air taxi by Joby Aviation at the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Joby Aviation is ramping up its manufacturing capabilities in the U.S. as it races to roll out air taxi service in 2026. The electric vertical takeoff and landing (eVTOL) maker said Tuesday that it's launching production at its remodeled components facility in Dayton, Ohio, and plans to double capacity at its

Joby Aviation doubles pilot eVTOL facility capacity as it races to launch air taxis

Joby Aviation has doubled the size and production capacity of its pilot manufacturing facility in Marina, California, as it races to commercialize eVTOLs (electric vertical takeoff and landing vehicles) by early next year. The now-435,500-square-foot facility will be able to produce 24 aircraft per year, and “nearly one” every other week once fully operational, according to Joby. The facility will also support federal certification, ground and flight testing, pilot training, and aircraft mainte

These Strange Jobs Will Survive AI, Expert Says

Many experts hold that generative AI will have sweeping effects on the job market. But how exactly it will transform the workforce remains a subject of much debate. According to Adam Dorr, the director of research at tech forecast nonprofit RethinkX, we're risking putting all of humanity out of a job — and only some oddly specific occupations will survive a major transformation. "Technology has a new target in its crosshairs — and that's us," Dorr told The Guardian. "That’s our labor." Accord

Topics: ai dorr jobs labor new

The North Korean fake IT worker problem is ubiquitous

By now, the North Korean fake IT worker problem is so ubiquitous that if you think you don't have any phony resumes or imposters in your interview queue, you're asleep at the wheel. "Almost every CISO of a Fortune 500 company that I've spoken to — I'll just characterize as dozens that I've spoken to — have admitted that they had a North Korean IT worker problem," said Mandiant Consulting CTO Charles Carmakal during a threat-intel roundtable, admitting that even Mandiant's parent company Google

AI chatbot’s simple ‘123456’ password risked exposing personal data of millions of McDonald’s job applicants

In Brief Security researchers found that they could access the personal information of 64 million people who had applied for a job at McDonald’s, in large part by logging into the company’s AI job hiring chatbot with the username and password “123456.” Ian Carroll and Sam Curry wrote in a blog post that “during a cursory security review of a few hours,” they found the password issue and another simple security vulnerability in an internal API, which allowed access to job applicants’ past conve

Indeed, Glassdoor to lay off 1,300 staff amid AI push

Recruit Holdings, the Japanese parent of Indeed and Glassdoor, said on Friday that it is laying off about 1,300 employees at the two companies as part of a broader restructuring that involves Glassdoor’s operations being integrated within Indeed, and an increasing focus on using AI. The job cuts would affect functions mostly in the U.S. across the two companies’ R&D, tech, and HR and sustainability divisions, though all functions across all countries will be affected, according to an internal m

Indeed, Glassdoor to lay off 1,300 staff

In Brief Recruit Holdings, the Japanese parent of Indeed and Glassdoor, said on Friday that it is laying off about 1,300 employees, or 6% of the staff, at the two job sites. The job cuts would affect functions mostly in the U.S. across the two companies’ R&D, tech, and HR and sustainability divisions, Reuters reported, citing an internal memo. Reuters also reported that the company’s CEO, Hisayuki Idekoba, wrote in the memo: “AI is changing the world, and we must adapt by ensuring our product

Batch Mode in the Gemini API: Process More for Less

Gemini models are now available in Batch Mode Today, we’re excited to introduce a batch mode in the Gemini API, a new asynchronous endpoint designed specifically for high-throughput, non-latency-critical workloads. The Gemini API Batch Mode allows you to submit large jobs, offload the scheduling and processing, and retrieve your results within 24 hours—all at a 50% discount compared to our synchronous APIs. Process more for less Batch Mode is the perfect tool for any task where you have y

Indeed and Glassdoor are cutting more than 1,000 jobs

Job-hunting platforms Indeed and Glassdoor are cutting their workforce, and it may be thanks to good old artificial intelligence. About 1,300 jobs from the companies will be eliminated, mostly in two departments: research and development, and people and sustainability. There will also be some executive shuffles, including the exit of Glassdoor CEO Christian Sutherland-Wong. Both services are owned by Japan-based Recruit Holdings Co. and its President and CEO Hisayuki "Deko" Idekoba announced th

MIT Economist Warns AI Is Poised to Turn Economy Into "Mad Max" Scenario

MIT economist David Autor is warning that AI could create a "Mad Max" scenario, in which the job market becomes dominated by cheap and commoditized labor. Autor made his grim prediction during an interview on the "Possible" podcast, hosted by LinkedIn cofounder Reid Hoffman and his chief of staff Aria Finger. When asked whether he thought society is headed towards a "Wall-E" scenario — where "people sit around on hovercraft armchairs watching holographic TV" — or much grimmer alternative, Auto

Topics: ai autor jobs people work

Xbox producer tells staff to use AI to ease job loss pain

Xbox producer tells staff to use AI to ease job loss pain One X user called it "plain disgusting" while another said it left them "speechless". The BBC has contacted Microsoft, which owns Xbox, for comment. The post, which was captured in a screenshot by tech news site Aftermath , shows Mr Turnbull suggesting tools like ChatGPT or Copilot to "help reduce the emotional and cognitive load that comes with job loss." Matt Turnbull, an executive producer at Xbox Game Studios Publishing, wrote the

The Download: China’s winning at advanced manufacturing, and a potential TikTok sale

In 2013, a trio of academics showed convincing evidence that increased trade with China beginning in the early 2000s and the resulting flood of cheap imports had been an unmitigated disaster for many US communities, destroying their manufacturing lifeblood. The results of what they called the “China shock” were gut-wrenching: the loss of 1 million US manufacturing jobs and 2.4 million jobs in total by 2011. If in retrospect all that seems obvious, it’s only because the research by David Auto

CEOs Say AI Is Poised to Wipe Out an Astonishing Number of Jobs

Billionaire tech moguls aren't the only ones doomsaying about artificial intelligence layoffs. CEOs across a range of industries are now jumping on the bandwagon, saying it's no longer a matter of "if," but "how many" jobs AI will take. A recent survey by the Wall Street Journal explored just how pervasive the automation idea is throughout a number of industries, and execs aren't pulling any punches. For example, CEO of Ford Motor Company Jim Farley recently predicted that AI "is going to repl

How AI can help you navigate layoffs, according to one executive producer at Xbox

Can an LLM "help reduce the emotional and cognitive load that comes with job loss?" It's been a rough week at Microsoft. Following the news that 9,000 people are being laid off at the company, one Xbox executive offered some questionable words of advice for people on their way out: Find solace in Microsoft Copilot. As reported by Aftermath , Matt Turnbull, an executive producer at Xbox Game Studios Publishing who clearly did not lose his job recently, took to LinkedIn to let folks know, "You'r

Robots Are About to Outnumber Humans At Amazon Warehouses

Amazon will soon have as many robots as it does humans plugging away at its warehouses, the Wall Street Journal reports. At this rate, it won't be long until the flesh and blood employees are downright outnumbered. According to the reporting, Amazon says it's now deployed an all-time high of more than one million robots at its facilities, putting the bots nearly on par with the number of its human workers. Amazon employs 1.56 million people overall; while it doesn't specify the exact number tha

Amazon's Andy Jassy says AI will take some jobs but make others more 'interesting'

Bloomberg/Getty Images The adoption of artificial intelligence systems throughout the business sector will lead to "fewer people doing some of the jobs" that become automated, Amazon president and CEO Andy Jassy said in an interview with CNBC's Jim Cramer this week. Jassy's understated comments about the future impacts of automation upon the job market were also optimistic: While he concedes that some people will be replaced by AI, the technology will simultaneously "make all of our jobs more

Private sector lost 33k jobs, badly missing expectations of 100k increase

People visit booths set up by the City of Sunrise and their police department at the Mega JobNewsUSA South Florida Job Fair at the Amerant Bank Arena on April 30, 2025 in Sunrise, Florida. Private sector hiring unexpectedly contracted in June, payrolls processing firm ADP said Wednesday, in a possible sign that the economy may not be as sturdy as investors believe as they bid the S&P 500 back up to record territory to end the month. Private payrolls lost 33,000 jobs in June, the ADP report sho

Amazon CEO Jassy says AI will lead to 'fewer people doing some of the jobs' that get automated

Amazon CEO Andy Jassy said the rapid rollout of generative artificial intelligence means the company will one day require fewer employees to do some of the work that computers can handle. "Like with every technical transformation, there will be fewer people doing some of the jobs that the technology actually starts to automate," Jassy told CNBC's Jim Cramer in an interview on Monday. "But there's going to be other jobs." Even as AI eliminates the need for some roles, Amazon will continue to hi

Joby Aviation stock pops 12% after company delivers first flying taxi to UAE

An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Joby Aviation stock soared about 12% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region. "Our flights and operational footprint in Dubai ar

Topics: air dubai joby taxi uae

Joby Aviation stock pops 12% after delivering first flying taxi to UAE

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Joby Aviation stock soared about 12% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region. "Our flights and operation

Joby Aviation stock pops 14% after delivering first flying taxi to UAE

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region. "Our flights and operation

Entry-level jobs down by a third since launch of ChatGPT

The UK jobs market continued its cautious recovery in May, with annual vacancy growth and rising wages offering signs of resilience despite a modest monthly decline in job postings. However, entry-level opportunities have taken a significant hit, dropping by nearly a third since the advent of widely available generative AI tools at the end of 2022. According to the latest UK Job Market Report from job matching platform Adzuna, the number of advertised vacancies fell slightly by 0.51% in May to

Topics: job market roles uk year

Joby delivers first aircraft to Dubai as air taxi service nears launch

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Joby Aviation is getting ready to take flight. The electric vertical takeoff and landing (eVTOL) company has delivered its first production aircraft to Dubai, where it plans to launch a commercial air taxi service in early 2026. Joby, which has successfully completed multiple flight tests with a pilot onboard, says it has

Once job board giants, CareerBuilder and Monster head for breakup and sale

What just happened? Once giants of the online job search industry, CareerBuilder + Monster is now set to be dismantled and sold off in parts, following a Chapter 11 bankruptcy filing in Delaware this week. The development comes less than a year after the two companies merged in a bid to regain relevance in a market now dominated by newer digital competitors. The Chicago-based company has reached agreements to sell its most prominent business lines to three separate buyers. JobGet, a platform fo

Former job board giants CareerBuilder and Monster face breakup and asset sale

What just happened? Once giants of the online job search industry, CareerBuilder + Monster is now set to be dismantled and sold off in parts, following a Chapter 11 bankruptcy filing in Delaware this week. The development comes less than a year after the two companies merged in a bid to regain relevance in a market now dominated by newer digital competitors. The Chicago-based company has reached agreements to sell its most prominent business lines to three separate buyers. JobGet, a platform fo