#ai

A moment of silence for the folks at the company f.k.a. AuthMind.

https://www.streetinsider.com/Corporate+News/IBM+acquires+AuthMind+to+expand+AI+agent+identity+security/27331211.html

They overhired for the model remediation. Then they promoted the managers to directors.

But there is no need for this level of data scientists. Most aren’t even doing model building, but remediation over the past 2 years and haven’t been doing data science work.

Leadership is promising AI projects, but that’s to save time to figure out what to do with this many data scientists.

All I wanted know was how much home phone is with our discount.

All your DOS’s saying that it isn’t going to replace your job. Go ahead and open copilot and ask it if it is going to replace you. Directly- no it will not. Indirectly yes, it will. It will scale how any man hours are really required per transaction. That is how it will “replace” you. It will allow AT&T to scale back on its retail footprint, converting ATTR to AR. Hilarious. Watch out for how it is measured. There will be KPI’s for it, don’t be fooled. It won’t directly replace you. It’s a measuring tool to identify if your location is actually needed. Have fun with the trainings and push back and ask what the intent of the measurement will be. They won’t know what to say.

I am on the outside, i was discarded earlier in the year.

I was just watching the Cisco Live Melbourne key note - i enjoy self flagellation

Are any of the products real? At my new job could i buy and deploy AgenticOps? Or it is the same vaporware as HyperShield or LizSoft2.0?

Humana is tracking everything you're doing using AI. AI scans your email, IMs, reads your calendar, WebEx meeting transcripts, etc. to assess how "efficient" and "productive" you are and make judgments about how necessary/valuable of an employee you are. This data is sent to senior management and the ghouls at McKinsey to inform the layoff decisions.

For anyone who hasn't figured this out yet, Cigna is tracking everything you're doing using AI. AI scans your email, IMs, reads your calendar, WebEx meeting transcripts, etc. to assess how "efficient" and "productive" you are and make judgments about how necessary/valuable of an employee you are. This data is sent to senior management and the ghouls at McKinsey to inform the layoff decisions.

If there was any doubt about this, it was confirmed in the recent AI training. Hi Big Brother!

So we make a deal with Amazon on AI and now they get to add their spyware onto our computers….lovely

https://fortune.com/topic/titans-and-disruptors-of-industry/?v=e0332418-bb1b-4544-91fc-214e5aa80bb4

Dan Schulman's take on cuts to headcount, no free phones, direction of AI and robots

interesting topic for layoffs related discussions

Opinion by Ivy Grace

A $20-an-hour worker has rent, groceries and bills to cover. A $10-an-hour robot has one big selling point for employers — it costs half as much to get the job done.

As artificial intelligence advances, Microsoft co-founder Bill Gates warns that workers could face a race against machines with no clear plan for what happens when they lose.

"The people who need the most time are the ones who have the least," Gates wrote in an essay published on his Gates Notes blog in August. He pointed to "the accounting worker who’s replaced by a bot or the $20-an-hour worker who loses their job to a $10-an-hour robot," warning that society isn’t doing enough to prepare for the upheaval ahead.

AI Could Wipe Out Jobs Faster Than Workers Can Adapt
Previous technological revolutions gave workers time to adjust. As farming jobs disappeared, generations moved into factories, offices and other industries. Gates argued that AI presents a different challenge because it can perform cognitive tasks that once required human intelligence.

Law, customer service, medicine, software and manufacturing are all exposed to the technology. Gates warned that the transition could unfold over a decade rather than several generations, with new jobs potentially failing to replace the positions lost.

Young workers have particular reason for concern. Entry-level jobs help people gain experience, build skills and work their way up. But if AI takes over those positions, the first rung on the career ladder could become harder to find.

Gates cited research showing employment has already fallen among young workers in occupations especially vulnerable to AI, while older workers in those fields haven’t experienced the same decline.

The disruption may not stop at office desks. Gates expects advanced robots to begin competing with humans on certain physical tasks, including construction and hospitality, by the end of the decade.

"Unfortunately, right now we are not preparing for it," he wrote. "There is no plan to ease the entry into the AI era."

Companies Have Every Reason To Keep Cutting Costs
A business doesn’t have to set out to eliminate jobs to end up doing it. If AI and robots can deliver the same work for less money, the financial pressure to adopt them could become difficult to resist.

Gates described a chain reaction. One company automates, cuts expenses and lowers prices. Competitors then face pressure to follow or risk losing customers. If established businesses hesitate, startups could move faster and gain an advantage.

As AI becomes more reliable, companies may have less reason to pay employees to check its work. Gates warned that these market forces could accelerate automation, leaving fewer good jobs and concentrating the gains among a relatively small group.

Gates Wants AI And Robots Taxed
Gates also said that the tax code can tilt the playing field toward machines. Employers generally pay payroll taxes on workers’ earnings, while qualifying equipment purchases can often be deducted as business expenses.

His proposed response includes taxing AI computing and robots, then using the revenue to support retraining and strengthen the safety net. Gates said he has backed a robot tax for years, though any policy would need to avoid slowing beneficial uses of AI, including cheaper medicine and education.

He doesn’t expect economic and geopolitical competition to slow AI development around the world. That makes preparing workers for the consequences even more urgent, in his view.

AI’s Growth Creates Opportunities Beyond Chatbots
The AI bo-m is also creating opportunities for companies supplying the infrastructure and tools behind the technology.

American Power Gen focuses on power plants designed to serve AI companies. As data centers require more electricity, the businesses supplying that power are becoming part of the broader AI buildout.

Bito is developing technology designed to help AI understand the code it generates. That addresses a challenge as businesses increasingly use AI in software development.

Everyday investors curious about AI’s growth beyond the big chatbot names can explore opportunities open to anyone willing to do the research.

Automation could move faster than retraining programs and new job opportunities can keep up. For companies, the incentive to cut costs is already clear. Gates’ warning is that the people bearing the consequences may be the least prepared for what’s coming.

https://www.msn.com/en-us/money/economy/bill-gates-says-a-10-an-hour-robot-could-replace-the-20-an-hour-worker-there-is-no-plan-for-what-comes-next/

This board's default setting is to treat SM, SA, and the rest of the ELT like a punchline. I'm not joining that chorus.

I think well of this leadership team because of what they actually reported and decided, not because I claim to know their motives. Non-GAAP EPS came in at $0.70 and beat the Street. Public cloud ARR reached $700 million, up 11%. Adjusted free cash flow was $96 million. They raised the full-year EPS outlook and reaffirmed the ARR and adjusted free cash flow ranges. They've also been putting real investment into AI, including the products and capabilities they just highlighted with the quarter. That's the record. It's why I respect the job they're doing.

On the question this forum never gets tired of asking: my view is that further layoffs are unlikely, but possible; I have no inside information. That is not a forecast I can verify, not a guarantee, and not proof that anyone's job is safe. Earnings don't certify headcount. If there's an official announcement, that will speak for itself. Until then, I'm going to judge the people running the company by the results they put on paper, not by the next date someone invents in a comment.

what is your take on this?

https://www.msn.com/en-us/technology/artificial-intelligence/larry-ellison-built-oracle-by-letting-customers-pay-for-servers-now-ai-is-forcing-oracle-to-spend-billions-on-them/vi-AA2eie7S?ocid=hpmsn&cvid=6aef6954a6d34576ab4197f616e5324f&cvpid=6aef697d884e4024a0942aebf11b8ec9&ei=52

... Larry Ellison built Oracle by letting customers pay for servers... now AI is forcing Oracle to spend billions on them
Oracle became one of Wall Street's hottest AI stocks after announcing enormous cloud infrastructure commitments, including a reported $300 billion agreement with OpenAI. But despite generating billions in profit and holding substantial cash reserves, the company's ambitious expansion raised concerns about debt, capital spending and future cash flow. This business case study explores how Larry Ellison built Oracle into a database giant, how Amazon Web Services disrupted its traditional business model and why artificial intelligence has pushed Oracle toward a much more expensive infrastructure strategy. It also examines the difference between contracted future revenue and actual cash available to finance new data centers. Ultimately, the video asks whether Oracle's AI gamble will become one of the technology industry's greatest investments or an expensive financial burden.

For instance, how does that help them pay their operational costs and their RPOs when "annualized" revenue was only 50B/yr?

Remember that they owe oracle 85B in FY27 alone, not counting all their other RPOs.

And also remember that their "annualized revenue" number was based on extrapolation from revenue before they slashed token prices.

All year, the talk at our company has centered on Project Aegis, responding to AI, and shifting how we work toward being more Agile and collaborative. What I see instead are tech teams running like it’s the year 2000.

I can’t make sense of how some people on my team have been at State Street for 20 to 30-plus years, deliver no measurable value, and still have no pressure to change. Management feels toxic, and some of the project managers in GTS seem disconnected from the work and the builders. Leadership takes credit for good results but rarely owns the mistakes.

I’m a newer grad who came from FAANG, and this place feels like somewhere careers stall out until retirement. I’ve never worked somewhere this dysfunctional that is also this comfortable with it. The firm doesn’t seem ready for the digital age, and it looks even further behind on AI. People with 20 years of tenure would not survive a single review cycle in tech.

I’m not sure whether my experience is unusual or part of a wider pattern. We’re walking into offices where desk utilization is under 15% on any given day but told to comply for productivity and collaboration (while MD+ are OSL or 2 days a month in office). The messaging is so butt-backwards that I can’t believe what I’m seeing.

Oracle’s main problem is that AI is about to become very cheap.

A year ago, anything but a frontier model was absolutely stupid and barely usable. But now they are OK-ish, and in a year they will be actually very good. Why, then, pay an expensive "frontier model tax"? It’s like, if a Ford can get you to work as much as a Bugatti, why buy the Bugatti?

So Amazon Bedrock I somehow grasp (and each of the other big three is developing "cheaper chips than NVIDIA" on top). But Oracle looks weirdly expecting that people will just like that continue to pay premium pricing.

https://www.fool.com/investing/2026/11/05/why-oracle-stock-is-sinking-today/

The political squeeze resulting from flipped house and senate is the final straw. Oracle and Coreweave will be the first two dominoes to fall.

Does anyone really still believe the BS that OpenAI or Oracle is "too big to fail"? That purported government backstop vanished this week (not that it ever really existed in the first place)!

The Bank of England's latest report indicates that artificial intelligence has had a minimal effect on overall UK employment thus far. While AI adoption is not leading to significant layoffs, companies are becoming less likely to hire new staff or replace departing employees. This trend is expected to persist as AI-driven productivity gains continue to grow. Firms anticipate that a portion of these future gains will be realized through maintaining smaller workforces. This subtle shift in hiring practices may go unnoticed if only overall unemployment figures are monitored.

London, England

https://www.resultsense.com/news/2026-11-06-boe-ai-slowing-hiring-not-firing/

https://www.investing.com/analysis/oracle-buybacks-gone-bad-and-special-market-trading-update-200690992

But seriously, WTF does Warren Buffett know?

Re: stock buybacks over the last decade, and the reissuance this week-

"If it had saved the money for future investment instead of buying back shares, its credit rating would not be on the verge of a downgrade to junk, and it would not rely so heavily on dilutive equity issuance to fund its AI-related investments. Poor judgment designed to bolster the stock price a few years ago leaves the company in a precarious position today."

Amazing with all the RIFs the top surviving re--rds somehow stay in positions in while adding no value whatsoever to the company. Maybe they should replace the board with AI. Ever think about how truly fu--ing useless leadership is vs the workers that get sh-t done?

Is there anyone who knows the number of workers they plan to layoff? Specifically in the nurse case management departments? Our leaderships vagueness while simultaneously pushing this will be a broad/large layoff is concerning. CM is eternally behind and cannot handle the volume of referrals appropriately as is and that is not something AI can fix no matter how big the investment. People have more complex diagnoses than ever and need clinically educated human support to navigate them.

Good grief. Tech is fu---d.

ServiceNow is implementing a global workforce restructuring, impacting employees in India, the UK, and the US. The company is focusing on AI-driven efficiencies and specialized skills as part of this strategic shift. While the exact number of layoffs remains undisclosed, severance costs have significantly increased in 2026. ServiceNow aims to maintain its overall headcount by the end of the year despite these changes. This restructuring is occurring amidst a decline in the company's stock performance.

Santa Clara, California

https://www.peoplematters.in/news/strategic-hr/servicenow-layoffs-hit-uk-us-and-india-as-company-restructures-workforce-53222

Any info on layoffs? And if so, are they looking at AI usage as a factor?

Amit ain't it !! Please RIF that fool and save everyone some money!

In the news today: Goldman Sachs is BANNING AI usage for the majority of the staff! This is according to Bloomberg 11/3/26 and includes direct quotes from their official spokesman.

Wow. Is this why it really truly feels like BNY has slowed the AI mania there last few months?

Non-GAAP EPS came in at $0.70 and beat the Street. Public cloud ARR hit $700M, up 11%. Adjusted free cash flow $96M. Total ARR still climbing. Recurring is 90% of the business. SM and SA reaffirmed the full-year ARR and cash-flow outlook and raised EPS guidance. That’s what happens when leadership actually leads.

A leaner company is a healthier company. Some people left. That’s not a tragedy, it’s how you fund AI and keep the people who produce. If you’re still here, congratulations: you got the easier assignment. Do the work. Raise your output. Stop confusing a performance bar with cruelty.

While half this forum practiced fortune-telling, the ELT steered the company and the results showed up on schedule. Remarkable how often the loudest voices had the least to show for it. Work harder. It’s not complicated, and it never was.

Fintech firm Block has initiated another round of job cuts this year, impacting employees across its Cash App and Square divisions. The company cited the use of improved tools for routine tasks and a strategic refocusing of teams on more complex issues. Affected employees will receive separation packages and transition support, mirroring provisions from earlier layoffs. These reductions follow Block's recent announcement of strong third-quarter financial results and an increased full-year outlook. The company continues its drive for operational streamlining and efficiency, with leadership emphasizing the evolving role of AI in business operations.

San Francisco, California

https://www.businessinsider.com/jack-dorsey-block-layoffs-second-round-job-cuts-cash-app-2026-11

ServiceNow is implementing another round of global workforce reductions. These layoffs are reportedly affecting various departments including CSM, Marketing, Media, and CEG. Employees in the United States, United Kingdom, and India have been impacted by these recent cuts. This follows recent comments from the CEO about a smaller workforce and a significant stock price drop after Q3 earnings. The company stated these are necessary structural changes to drive efficiencies and invest in AI skills.

Santa Clara, California

https://nowben.com/exclusive-more-servicenow-layoffs-after-its-worst-stock-drop-in-history/

Google is now offering voluntary exit packages to employees. This move follows similar actions by other major tech companies like Microsoft, Meta, and Oracle. These widespread reductions have already surpassed 100,000 job cuts this year. The reasons for these layoffs are debated, with some pointing to AI efficiency and others to costly data center investments. Experts suggest this trend may continue and potentially accelerate.

Mountain View, California

https://finance.yahoo.com/technology/articles/google-joins-surge-tech-layoffs-142859174.html

like every good worker bee I use Copilot to sp-t out slop to send up the chain reporting on what's going on. Well, when chatgpt digs deep it finds stuff like "contingency planning" and "succession planning"

SD will be out of OI around Q4/Q1. Expect a bloodbath of a re-org as all units under OI get badged as Optum.ai and every leadership line is chopped and reset under single verticals each for Payer, Provider and LS.

Two empty skycrapers
Only one employee left inside

It's 2030, every job has been automated. Facilities issues are handled by robots. Desks are empty. Nobody from security staff to janitors to executives are left. All of the doors are locked. The lights are on. A.I. took over all parts of business function or the jobs have been outsourced, but those went away as well. The company is still around, profits and stock are trading really high, but none of the staff are needed any more, executives don't need to hold meetings for anyone, all but one person is left.

That person is me and I'm not sure how they overlooked me, I don't do anything, but I'm still getting paid.

So the company is offering another voluntary resignation program in Mike Bakers area. I think we all knew this would happen again based on increased use of AI as well as the poor financial state of the company. More information is supposed to be made available today.

Is anyone going to tell him that he's sh-t the bed and the place is on fire? Customers complaining non stop and threatening to pull massive contracts. Huge amount of knowledge gone with the redundancies. We've all been forced to use Claude (usage limits prevent real gains) and Copilot (can't remember how to do a simple task...like having an assistant but a really dopey one who has to be told the same thing 20 times a day). Random demands from salespeople who sold products we dont have with perfect data that doesn't exist. Where does this sit? Who owns that? Everything is URGENT!!!!

The Web3 industry is experiencing significant job cuts, with many companies citing AI as the primary reason for layoffs. However, a substantial portion of these companies admit that financial pressures are the true underlying cause. This trend is reshaping the employment landscape across various sectors, including technology and finance. The rapid and severe nature of these layoffs has left many employees blindsided and struggling to find new opportunities. The industry's future viability is being questioned as these challenges persist.

United States

https://www.panewslab.com/en/articles/01a1a4a3-593f-7285-ae7d-f74c0fa127ec

Design software company Canva has announced significant layoffs, impacting 1,271 employees, which represents 22% of its total workforce. This decision comes as the company experiences a slowdown in its growth rate for the first time in a decade. CEO Melanie Perkins cited the need for change to ensure future success despite past achievements. The company is also reorganizing teams and adjusting its operational strategies. These changes are occurring alongside increased AI development costs and growing competition.

https://techcrunch.com/2026/11/04/canva-lays-off-over-1200-people-amid-slowing-growth/

• UnitedHealth Group (NYSE:UNH) is facing renewed breakup calls from Senator Elizabeth Warren after its Amedisys acquisition settlement.

• Warren has urged federal regulators to revisit antitrust concerns around UnitedHealth's growing role across insurance, care delivery, and home health.

• Mark Cuban has warned that artificial intelligence could disrupt or "collapse" large healthcare players, explicitly citing UnitedHealth as vulnerable.

• The Warren breakup push and Cuban's AI warning only capture one slice of what is changing around UnitedHealth Group today. Take a look at 4 other big wins we have identified for UnitedHealth Group.

https://finance.yahoo.com/healthcare/articles/unitedhealth-group-unh-draws-breakup-151157985.html

https://www.ft.com/content/c5a6a738-cd78-4a8e-a814-57a7473ebb9c?syn-25a6b1a6=1

Traditional white collar jobs are being transitioned to AI roles without the premium pay. They started by asking people to use AI for presentations, reports, notes but now they want people to use it to automate their job to eventually put themselves out of a job. Two issues here. Demand a pay raise NOW. Ask HR to adjust your salary to AI adjacent roles in the workforce

https://www.gadgetreview.com/the-ai-layoff-experiment-is-backfiring-and-companies-are-quietly-rehiring-humans

Nearly 19% of U.S. workers report being replaced by AI and later rehired.
Thirty-two percent of organizations that dismissed AI-replaced workers had to rehire staff.
Returning workers demand pay raises, job-security guarantees, and AI transparency before agreeing to come back.

Survey data from SHL, Orgvue, and Challenger, Gray & Christmas document an emerging reversal pattern and its costs. The findings suggest some employers may have reversed or reconsidered AI-related workforce cuts sooner than expected. SHL, a talent assessment firm, has identified what it calls “AI rebounding”: employees replaced by AI who are subsequently asked to return by the same employer.

"AI Rebounding" new buzzword term #1462242432 .... LOL ... id--t MBA's with FOMO wrecking their workforce. COOOOLLLL