#tech-industry

#tech-industry

In remarks to Catholic newspaper Crux in July, which were published over the weekend, the Pope reflected on the "continuously wider gap between the income levels of the working class and the money that the wealthiest receive." "Yesterday [there was] the news that Elon Musk is going to be the first trillionaire in the world," he told the newspaper. "What does that mean, and what's that about?"

Though Meta, Amazon, Microsoft, Google, and Tesla are expected to have spent some $560 billion on AI development by the beginning of next year, their collective revenue from AI comes in at a paltry $35 billion. In the first half of 2025, the Atlantic notes, business spending on AI added more to GDP growth in the United States than all consumer spending combined.

Taylor noted that while the dot-com bubble is often viewed through the lens of its failures, significant value and major tech success stories also emerged from that era. He stated, 'If you say dot-com, people come back with failures.' He emphasized that examining the current value in the S&P 500 showcases how warranted much of the hype truly was.

"While the one-third probability of getting picked in the lottery remains the same since I applied in 2017, the job market when I graduated felt better."

Elon Musk envisions a future where AI takes all our jobs, leading to a 'universal high income' that allows access to an abundance of goods and services.

Oracle America has decided to slash more than 188 jobs in the Bay Area, affecting workers in the Peninsula and East Bay. The cuts are scheduled for Oct. 13.

Loveable, a coding startup, aims to achieve $1 billion in annual recurring revenue within the next year, fueled by rapid growth of $8 million in ARR each month.

Young people are responding to a grim job outlook for entry-level coders. In recent years, the tech industry has been roiled by layoffs and hiring freezes.

Tech clients often seek to look presentable without drawing attention. They prefer upgrades to classic attire, like knit tees and raw denim, to achieve a polished yet understated appearance.

AI is the future - and we must stay ahead of the game by ensuring our students and workforce are prepared to lead the way. We are preparing tomorrow's innovators, today.

California is the home of innovation and technology that is driving the nation's economic growth - including the emerging AI industry. As Donald Trump chooses to take our nation back to the past by dismantling laws protecting public safety, California will continue to lead the way with smart and effective policymaking.

Apple Inc. has attracted tech-minded users with its ergonomic computing and communication approaches, achieving significant popularity in the 1990s and becoming the first U.S. company to reach a $1 trillion market cap.

The AI talent wars have reached new heights, with tech companies offering hundreds of millions to lure top machine learning researchers, likening them to pro athletes.

"We hired a bunch more people at OpenAI who are really great at debugging, and I think those are some of our most-prized employees, and I won't even..."