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As many as 30,001 people lost their jobs this week
Dave Jorgenson
Hey Artificial Intelligence.
I'm busy.
What's going on? I just took like 10,000 people's jobs at Oracle. 10,000? That's the low estimate. It could be as many as 30,000 people. They all got an email at 6am on Tuesday morning that they were fired. An email in the morning? That's it?
Yeah, some of them have been working there for decades. And so you're doing the jobs of all the people that were laid off? I can do some of this, but they also needed to fire people so that they had more room in the budget to build data centers. The AI data centers used to power you?
Yes.
Is that why this gentleman is throwing money at you? Yeah, and Oracle's borrowing costs
have doubled as a result.
Should I be worried?
Am I gonna lose my job? Um. I just lost my job. Not now, Attorney General Pam Bondi. Go on. A 2025 MIT study found that at about 11.7% of the labor market could be taken over by AI. Amazon, Meta, and Microsoft have all laid off people as they make moves towards more AI automation. Do you have any more water?
You know, maybe it's not such a bad thing that AI is taking jobs. Bro.
That is such a good point.
Bro.
Podcast bros?
Um, not just any podcast. We're a business and tech podcast that often talks favorably about AI. Yeah, Sam Altman just purchased us. Ka-ching! Isn't that a conflict of interest? A tech podcast owned by OpenAI? Um, actually, we're gonna remain editorially independent. Totally independent. The tech billionaire owner of your media company said that?
It's not like something bad has ever come out of a billionaire owning a media company. Well, the president was mad about Well, the president was mad about how I handled the Epstein files.
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