Oracle’s total workforce declined 13%, or about 21,000 employees, in fiscal 2026 as the cloud computing giant continued restructuring its business, partly driven by the adoption of AI across its operations.
This is an AI Economic Policy Proposal I wrote in response to economic proposals published by Anthropic, makers of the Claude AI model and OpenAI, makers of the ChatGPT AI model.
This is an AI Economic Policy Proposal by Anthropic, makers of the Claude AI model. This was part of their Policy on the AI Exponential article that also included an AI Safety Policy Proposal. You can read the AI Economic…
Discussion about AI-Driven Job Loss starts from 34:58 to 52:52 (17 minutes and 54 seconds)
In my AI economic proposal, I argue that policymakers have kept modern economies dependent on employment income despite recognizing that businesses are not created to generate employment. Instead, businesses exist to generate profits for their owners and shareholders. It appears…
I have said it once, and I will say it a thousand times: giving people hope that employment will remain the primary source of income in the Age of Artificial Intelligence is unwise. Human intelligence has now been digitized. The…
Discussion about AI-Driven Job Loss starts from 26:01 to 32:52 (6 minutes and 51 seconds)
Professor Chad Jones discusses the weak links that could slow the high rates of economic growth expected from AI adoption. The danger of only partially automating the economy is that it may produce only modest productivity gains while simultaneously creating…
Discussion about AI-Driven Job Loss starts from 3:23 to 10:29 (7 minutes and 6 seconds)