Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
TechCrunch AI·
Stanford’s latest AI Index shows a widening gap between experts and the public, with rising anxiety over jobs, healthcare, and the economy.
Read full articleCloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
Using Claude Code in large projects can lead to skyrocketing token costs. A 2025 Stanford study reveals developers waste thousands of tokens daily, draining budgets as unchecked context limits pile up. By setting strict boundaries from the outset, teams can reduce costs without compromising code quality. Optimizing token usage and context window sizes early on […] The post 23 Tips for Smart Claude Code Token Saving and Workflow Optimization appeared first on Analytics Vidhya.
AI can help physicians regain time to focus on patient care and relationships.
The software company said in February it would cut 7,000 jobs but, as it touts new technology, workers are still waiting to hear which roles will go Get our breaking news email, free app or daily news podcast Staff at WiseTech have been waiting almost three months to be told if they’re among the 2,000 people the logistics software company is to cut due to advances in AI, with workers criticising the wait as stressful and “ridiculous”. The comments come as its founder on Tuesday told investors an AI agent could learn a human’s job in just 15 minutes, according to the Australian Financial Review. Continue reading...
Financial Stability Board report reveals tech, healthcare and services sectors as the biggest borrowers The private credit industry’s role in fuelling the AI boom could backfire, with a sharp correction leading to “sizeable” losses, the Financial Stability Board has warned. A new report into private credit by the global watchdog, which monitors financial authorities including central banks in 24 countries, found that the healthcare, services, and tech sectors have become the biggest borrowers of private credit. Continue reading...
Nvidia CEO Jensen Huang pushed back against fears of AI-driven unemployment at a Milken Institute event on Monday, arguing that AI represents America’s greatest opportunity for reindustrialization rather than a threat to workers. Speaking with MSNBC’s Becky Quick, Huang contended that automating specific tasks within a role does not eliminate the broader purpose an employee […]
The Nvidia CEO seems to feel that claims of AI's job-killing potential have been greatly exaggerated.
He built fault-tolerant infrastructure for 100,000+ users in finance and healthcare before the first user arrived. Here is the sequencing framework that kept those systems running, and what enterprise AI teams are getting wrong by doing it in reverse. Most enterprise AI systems do not fail because the model was wrong. They fail because the […]