Joe Kernen comes close to having a coronary on air as Pete Buttigieg dogwalks him all over the Squawk Box studio about Trump's economic mismanagement and inflation
American tourists took a BYD Uber in Mexico.
"This is a nice car, this is perfect... What is this?"
"This is a BYD, the Chinese. You can't buy them in the US because they are cheap, efficient, and good."
"The WSJ car review said this is the best EV in the world."
Toyota CEO on Chinese competition: "Unless things change, we will not survive. I want everyone to acknowledge this sense of crisis."
Honda CEO on Chinese competition after recently visiting the country: "We have no chance against this." https://t.co/FUI4WPLpXg
NEW: Actor Eric Dane, who passed away following a battle with ALS, records one final message for his teenage daughters.
Dane recorded the interview with Netflix in secret, knowing it would be released after his passing.
"Billie and Georgia, these words are for you. I tried. I stumbled sometimes, but I tried. Overall, we had a blast, didn't we?"
"I remember all the times we spent at the beach, the two of you, me, and mom..."
"I want to tell you four things I've learned from this disease, and I hope you won't just listen to me. I hope you'll hear me."
"Live now, right now, in the present. It's hard, but I learned to do that for years."
"I would wander off mentally lost in my head for long chunks of time, wallowing in worry and self-pity, shame and doubt, and replay decisions. Second-guess myself. 'I should have done this. I never should have done that.' No more."
RIP.
Video: Page Six.
Anthropic is donating the Model Context Protocol to the Agentic AI Foundation, a directed fund under the Linux Foundation.
In one year, MCP has become a foundational protocol for agentic AI. Joining AAIF ensures MCP remains open and community-driven. https://t.co/718OwwyFJL
This is dark.
AI is here to destroy our workforce. They are an enemy to the state imo.
Yeah maybe 20-30 years from now we figure it out but itโs going to be an awful 20 years to get there.
@Kibet_bull I built 2 schools in Kenya ๐ฐ๐ช with crypto
Maybe time for some schools since the government wonโt
Pan African trade is the way! @Noones_Kenya is making it happen
I don't know why the narrative is "AI isn't going to take your job."
Of course it is.
I'm predicting we'll see at least 4 million layoffs driven by AI over the next 24 months.
In 2022-23, tech companies laid off over 400000 employees. Google cut 12000. Meta slashed 21000. Amazon let go of 27000. Salesforce dropped 8000.
They all called it "efficiency" and Wall Street rewarded them with higher stock prices.
Get ready for round 2...the AI edition.
Companies are discovering that one employee with the right AI tools can do the work of 3-5 people. Microsoft just laid off 7000 employees while simultaneously investing $10B in OpenAI. That's not a coincidence.
When your best performers can use Claude, ChatGPT, Grok, and Midjourney to 5x their output, keeping everyone else becomes a luxury.
We're not quite there yet because the tools dont deliver 100% output, but we're close.
We saw 400,000 layoffs in the ZIRP era layoffs of 2022/2023.
I'm predicting we'll see at least 4 million layoffs driven by AI over the next 24 months.
The pattern will be the same: quiet restructuring, press releases about "streamlining operations," and then stock price jumps.
And beyond the layoffs, hiring will shrink. Why hire when you have agent swarms fulfilling tons of the tasks? The "jobs to be done" are being done.
I'm not saying these people won't find other jobs. They will. And those who become AI power users will be weapons. I think lots of these people end up not working for anyone, and just become solopreneurs/makers themselves.
They'll get a taste of freedom and wonder why they ever worked at a big company anyways. Hopefully they make more money too.
I do wonder if ALL of them will get jobs. It's a wonder. Im not sure.
But, can we stop saying AI isn't going to take your jobs?
It isn't helping anyone.
An intern at a YC startup needed to extract SEC filings + earnings data for all Fortune 100 companies.
He shipped it in 2 days using GPT-4.1 โ and got a return offer.
The agent:
- Scrapes each companyโs investor relations page
- Pulls 10-Ks, 10-Qs, earnings slides, and transcripts
- Syncs updates daily via API
Teams of analysts. Custom pipelines. Replaced by one intern in 48 hours.
The bar has changed.