
Uptin & Thomas discuss:
• AI layoffs: Big companies are cutting thousands of white-collar jobs while San Francisco runs billboards saying “Stop hiring humans.”
• Middle management squeeze: CEOs are removing layers of managers because AI can handle reporting, planning, and coordination.
• Should we panic?: Layoffs sound scary, but economists say we are not anywhere near recession-level firing yet.
• Airbnb Halloween crackdown: Anti-party algorithms are blocking suspicious bookings and using noise sensors to prevent ragers.
• Prop 50 in California: California wants to redraw election maps to counter Republican-friendly maps in other states.
• OpenAI’s potential $1T IPO: The company needs massive capital to build chips, energy infrastructure, and data centers for AGI.
• Nvidia hits $5T: Demand for AI chips pushed Nvidia to become the most valuable company on earth.
• AOL gets acquired: A European app firm is buying AOL, betting that legacy email and nostalgia still print cash.