ai-economics
AI Revenue Now Covers the Data-Center Depreciation Bill, But Not the Full Cost News
A modeled industry report finds AI revenue first exceeded AI-infrastructure depreciation in late 2025, but the coverage is thin, excludes operating costs, and depends heavily on how long the chips last.
Thomson Reuters cuts 500 engineers to hire 250 AI-native ones News
Thomson Reuters is eliminating up to 500 engineering roles while planning 250-plus new ones described as senior and AI-native, and its stock rose about 5 percent on the news.
IBM blames a rival AI model for its earnings miss News
IBM missed Q2 expectations and CEO Arvind Krishna named a competitor's frontier model as a cause, saying buyers are pausing cybersecurity deals until they know how much AI changes what security is worth.
The AI Memory Boom Just Made Your Next Laptop Much More Expensive News
Apple raised prices across its lineup, with a top MacBook Pro reaching $10,000, because AI data centers are consuming so many memory chips that the price of RAM has quadrupled this year.
Goldman Sachs Models 15 Million US Jobs Displaced by AI Over a Decade, Not a Sudden Collapse News
A Goldman Sachs analysis estimates AI will displace about 9% of US workers, roughly 15 million people, over a 10-year transition, but its own economist stresses this is gradual reallocation, not the sudden mass unemployment the 'job apocalypse' framing implies.
Oracle's own filing lays out how its hundreds-of-billions AI datacenter bet could go wrong News
Oracle's regulatory filing candidly enumerates the risks of its massive AI datacenter buildout for clients like OpenAI, including customer non-payment, contract non-renewal, demand misjudgment, and constrained, volatile power supply.
Meta caps employee AI token use after a 'Claudeonomics' leaderboard drove costs toward billions News
Meta imposed centralized quotas on employee AI usage after staff burned an estimated 73.7 trillion tokens in about a month, gamifying consumption on an internal leaderboard, with costs projected to reach billions in 2026.
Microsoft's CEO Says the AI Industry Has Not Earned the Right to Do This News
In a Wall Street Journal interview, Satya Nadella named OpenAI and Anthropic -- two companies Microsoft has poured billions into -- and warned that an economy reshaped by a handful of AI models will not survive politically.
A Coding AI Ran Through Uber's Yearly Budget in Four Months News
Uber gave Claude Code to about 5,000 engineers, who loved it. By April the company had burned through its entire 2026 AI budget, exposing how badly old software pricing fits new agent tools.