Tokenmaxxing: Startups Spending More On AI Than Employees
A new class of AI startups is bragging that they are taking money that would normally be used to hire people and spending it on AI compute instead. Astronomical…
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Rise of the AI civil servants
Gartner predicts at least 80% of governments will use AI agents for routine decision-making by 2028
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At least 80% of governments will deploy AI ag…
Elon Musk says saving for retirement is irrelevant because AI is going to create a world of abundance: ‘It won’t matter’
Saving for retirement is pointless thanks to the impending “supersonic tsunami” of AI and robotics, which will bring about a world of zero scarcity, accordi…
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Cramer: Why all the money flowing to AI stocks is a problem — and how it can be fixed
We do not have enough money coming into this market. The funds flow only to stocks tied to the data center buildout and a few others. Even the most tangential o…
Malatsi withdraws AI policy after fictitious sources scandal
Communications minister Solly Malatsi has withdrawn South Africa’s draft National AI Policy following revelations that it contained fictitious academic refere…
How AI could quietly hollow out South Africa’s job market
Snap cut a thousand employees in mid-April, about 16% of its workforce, after saying AI now writes more than 65% of its new code. It was the latest in a global …
More than 90,000 tech workers have been laid off this year. But here’s why companies like Microsoft are offering voluntary buyouts instead
It’s been a tough year for tech workers. Some 92,000 employees have been laid off from tech companies as they look to cut overhead costs and invest heavily in…