Tech
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The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one
Smart people disagree on the AI job apocalypse, and even the prophets of white-collar doom—Dario Amodei and Sam Altman—have walked back their predictions. But the best explanation for why AI won’t kill off jobs across the economy comes, perhaps unexpectedly, from a Dutch software company that sells its products to law firms. It also explains…
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Ford realized AI wasn’t capable of taking human jobs years ago—and hired 350 ‘gray beard’ engineers to steer its program
WIth all the discussion about the AI bubble, AI hype and mass automation displacement, Ford Motor Company has a message for the U.S. economy: human experience matters. Over the last three years, the company has hired 350 veteran engineers—dubbed “gray beards” internally and made up of both former Ford employees and workers from suppliers—to help…
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Hyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns
The relentless arms race among AI hyperscalers to amass more and more computing power will eventually hit a wall, according to Gary Marcus. That’s because the enormous amounts of capital expenditures have failed to clean up errors their large language models produce while also removing any technical moats that might give them a competitive edge.…
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Comcast stock jumps 24% for agreeing to break up with itself
Comcast is planning to split itself into two publicly traded companies, one focused on media that would include NBCUniversal and Sky and the other focused on broadband and wireless services. The company said Monday that its board and management team think each company will be better positioned to pursue its own strategic priorities, invest for…
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AI spending boom accelerates as Big Tech pours trillions into infrastructure
Good morning. AI-driven capital spending is scaling rapidly, and the economics remain attractive and increasingly profitable—for now, according to JPMorgan Global Research’s midyear outlook. Analysts see a broadening AI capex cycle underpinning growth expectations, led by “AI upstream” investments in data centers, chips, and supporting infrastructure. Much of this activity remains concentrated in the U.S.,…
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The CEO behind Grand Theft Auto VI doesn’t play video games, but analysts say he has put $1.5 billion behind the biggest game launch of the decade
After 15 years churning out hit titles like Grand Theft Auto, Red Dead Redemption, and NBA2k, this CEO knows what makes a hit—even if he doesn’t play video games himself. Strauss Zelnick, a Harvard Law School and Harvard Business School graduate, has been CEO of Take-Two Interactive Software since 2011. During that time, he has…
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Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing
For four decades, quantum computing was all about theory. Now it’s all about term sheets. VC investment in quantum computing hit $3.9 billion across 125 deals in 2025—the highest annual total ever recorded, per a new PitchBook report. Q3 2025 alone clocked $1.6 billion—more than any full year before 2021. And early 2026 is keeping…
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Samsung, SK reportedly to invest $1.3 trillion over 10 years
South Korea’s Samsung Group and SK Group are poised to announce as much as 2,000 trillion won ($1.3 trillion) of investments over the next decade as part of President Lee Jae Myung’s flagship industrial strategy, Korea Economic Daily reported Monday. The two groups are expected to unveil the package when their leaders present the plans…
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One in three Gen Zers is letting AI do their homebuying homework, but they still trust realtors with the closing process
Gen Zers have gotten so accustomed to AI that they’re now using it for one of the biggest financial decisions they’ll ever make: buying a home. A study by the Bank of America Institute found that about a third of Gen Z had used AI tools in the past 12 months for homebuying research, a…
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NASA plans daring robotic rescue mission to prevent an aging space telescope from falling back to Earth, and the legendary Hubble could be next
NASA is racing to save an aging telescope from falling back to Earth with a daring rescue mission. The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver. NASA hired startup Katalyst Space Technologies to boost the Swift Observatory to a higher orbit where it can…