Cloudflare CEO Matthew Prince says crypto will need to support internet-scale stablecoin micropayments if AI agents are going to coexist with the open web. In a Bankless interview on May 25, Prince argued that the internet’s ad-based business model is breaking as AI bots consume content without sending human traffic back to publishers. Why Crypto […]
Tech companies seem to be falling over each other these days in firing people to either replace them with AI or to pay to build AI infrastructure. Wouldn’t it be nice if they at least waited until AI actually worked for business?
On the one hand, top tech businesses such as Amazon, Block, Cisco, Cloudflare, and Meta have all announced that they’re slashing payrolls — either because AI can do the same work as people or they need the cash to build out their AI infrastructure. Isn’t that great? All together, of the 37,638 tech job cuts so far this year, 47.9% — almost half — can be tracked back to AI.
On the other hand, despite all the AI hype and hysteria, no one has yet proven that AI is, generally speaking, really all that helpful for businesses. Oh, I know, I know. You did great things with OpenClaw vibe programming. Microsoft’s CEO, Satya Nadella, claims 20% to 30% of the company’s code was written by AI. And Nvidia assures us that 88% of its surveyed customers report AI has increa
Nvidia's Taiwan HQ project underscores strategic alignment with TSMC, boosting local tech jobs but facing geopolitical risks.
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Google overhauled Search at I/O 2026, replacing blue links with AI agents. The backlash has been swift. DuckDuckGo app installs spiked 30% as users seek a way out.
Tron's stablecoin dominance highlights the growing importance of efficient cross-border payments, challenging traditional financial systems.
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