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Tech Industry

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Tech Leaders Debate Why Americans Detest Data Centers
technology3 days ago

Tech Leaders Debate Why Americans Detest Data Centers

Tech leaders offer a spectrum of explanations for the public backlash against AI data centers—from simple math misunderstandings to alleged foreign influence—with polls showing broad opposition and policymakers taking action (e.g., Texas halting hundreds of proposals). The discourse includes claims of a CCP psy-op, foreign funding fueling anti–data-center campaigns, and critiques that tech elites’ messaging has been too arcane, even as some push to emphasize AI benefits. A correction notes the proper spelling of Anduril Industries.

Young Adults Question AI CEOs as Trust in Tech Dwindles
technology9 days ago

Young Adults Question AI CEOs as Trust in Tech Dwindles

A CNBC Generation Labs survey of over 1,000 US adults aged 18–34 finds near-universal distrust of nine AI company leaders, with Satya Nadella the most trusted (35%) and Alex Karp the least (81% don’t trust). Peter Thiel, Mark Zuckerberg, Elon Musk, and Sam Altman also see high levels of distrust. The results reflect concerns about data privacy, platform decay, and democracy, while 45% expect AI to negatively affect careers and 40% want government regulation; 60% say data-center expansion should slow. Overall, AI and its infrastructure are viewed more favorably than the tech billionaires who lead them.

AI Workers Demand Govt-Backed Deliberate Pace of AI Progress
technology28 days ago

AI Workers Demand Govt-Backed Deliberate Pace of AI Progress

Over 1,100 employees from OpenAI, Anthropic, Google, Meta and others signed a petition urging the US government to back an international effort to deliberately pace AI development, arguing there is a real risk of AI becoming uncontrollable and calling for governance tools and regulation, while noting concerns about environmental impact, copyright and employment and questioning the likelihood of federal action amid a history of a fast-moving AI race.

AI's workplace shakeup: Nobel economists and tech leaders call for guardrails
technology1 month ago

AI's workplace shakeup: Nobel economists and tech leaders call for guardrails

Nearly 200 AI researchers and more than a dozen Nobel laureates signed a short letter urging policymakers and industry to study the economics of AI and build guardrails to steer development toward human-friendly outcomes, warning of potential unprecedented upheaval and large-scale job displacement even as some warn that labor-market effects remain hard to predict.

AI reshaping Amazon and the wider tech layoff wave
technology1 month ago

AI reshaping Amazon and the wider tech layoff wave

Amazon cut about 16,000 employees in January (after a prior round of roughly 14,000)—the steepest layoffs in its history—as it pivots around AI. Across the tech sector, roughly 140,000 U.S. jobs have been cut this year, with AI repeatedly cited as a driver. Workers describe a tough, noisy job market—some land roles at Apple or startups, others take pay cuts or switch fields—while Amazon says the reductions are to boost speed and efficiency and that it continues hiring in strategic areas and in lower-cost regions like India.

AI Era Turns Layoffs Into a Recurring Corporate Ritual
technology1 month ago

AI Era Turns Layoffs Into a Recurring Corporate Ritual

Tech giants are conducting repeated rounds of layoffs as they pivot toward AI, with Microsoft cutting about 4,800 jobs and others like Cloudflare, Cisco, Amazon, and Meta following suit. Executives frame these cuts as part of “continuous tuning” rather than recession-driven downsizing, reallocating savings to AI investments while trying to preserve core talent and institutional knowledge. Analysts warn that frequent cuts can erode morale and hamper long‑term competitiveness, especially as truly AI-native roles remain scarce and costly, prompting a focus on retraining current workers rather than wholesale replacements.

Perplexity Tests Internal AI Coding Assistant to Rival OpenAI and Cursor
technology1 month ago

Perplexity Tests Internal AI Coding Assistant to Rival OpenAI and Cursor

Perplexity is quietly developing an internal AI coding tool called Teammate, in use by engineers since May to own projects, investigate issues, and monitor services. If released publicly, it would position Perplexity in the AI-coding race against Cursor, Anthropic, and OpenAI; the tool is model-agnostic and aimed at long-horizon software work like debugging and maintenance.

AI Arms Race Keeps Tech Giants Betting Big on Compute
technology1 month ago

AI Arms Race Keeps Tech Giants Betting Big on Compute

Despite stock dips, the biggest tech firms aren’t cutting AI budgets, with Wedbush’s Dan Ives calling the AI revolution an arms race driven by compute power and capex as monetization accelerates in 2026–27. Goldman Sachs estimates about $5.3 trillion in combined capex for Meta, Microsoft, Amazon and Alphabet from 2025–2030, and a baseline $7.6 trillion across 2026–2031 for compute, data centers and power, with about $725 billion planned for 2026—even as the Magnificent Seven slip from their 52-week highs.

politics2 months ago

Tech Funding Turns AI Regulation Into a NYC House Race

New York’s 12th Congressional District Democratic primary to replace retiring Rep. Nadler has become a proxy fight over artificial intelligence regulation, with roughly $26 million from tech-backed groups backing candidates like Assemblymember Alex Bores who support a national AI framework. The heavy spending—led by groups tied to OpenAI/Andreessen Horowitz and the Leading the Future network—highlights concerns about ‘dark money’ and the influence of tech money on policy. Opponents argue the money could undermine independent voices, while some tech-adjacent groups say a robust regulatory framework is essential. OpenAI and Anthropic have pushed back on being tied to political spending, as the White House pushes for a federal AI framework by year’s end, adding urgency to the race’s implications for national AI policy.

Poll: Americans Skeptical of AI Even as Chatbots Spread
technology2 months ago

Poll: Americans Skeptical of AI Even as Chatbots Spread

A Pew Research poll finds Americans expect AI to harm society more than help (16% positive vs 40% negative) even as 49% use AI chatbots and 25% use them daily; Gen Z shows the most usage but also the highest concern, while older groups use less and worry less. The disconnect between heavy adoption and negative perception, plus workplace pressures and industry hype, raises questions about AI's long-term viability.

Warsh's hawkish pivot could throttle AI's financing binge
business2 months ago

Warsh's hawkish pivot could throttle AI's financing binge

Yahoo Finance argues that new Fed Chair Kevin Warsh signals a tougher stance and potential rate hikes, which could raise the cost of capital for Big Tech's AI investments. With Alphabet issuing a historic 100-year bond and major hyperscalers pledging hundreds of billions in 2026–2030, AI-related debt and capex have surged, but higher borrowing costs under Warsh may temper the AI funding spree and reshape how markets finance AI growth.

California Billionaire Tax Advances to November Ballot as Tech Titans Push Back
politics2 months ago

California Billionaire Tax Advances to November Ballot as Tech Titans Push Back

A California measure to impose a one-time 5% wealth tax on residents worth more than $1 billion to fund healthcare and education has qualified for the November ballot after collecting more than 874,641 signatures. The proposal has become a major political battleground, pitting labor unions backing the tax against Silicon Valley billionaires who have spent tens of millions opposing it, including Sergey Brin’s $82 million campaign to defeat it. Governor Gavin Newsom opposes the measure, warning it could drive away business, while proponents mull next steps with a June 25 deadline to decide whether to advance or strike a deal.