AI & Tech
Tech Sector Job Losses Worst Since Dot-Com Crash, AI Blamed
Breaking Points
Jobs DISASTER, BBQ Prices Skyrocket
What was said
"The US tech sector continues bleeding jobs. American tech sector employment is down 49,000 over the last year, nearly as bad as the worst of the 2024 tech session, significantly worse than either the 2008 or 2020 recessions. I think you have to point to AI as being a significant factor here. The thing that they can right now do with the most proficiency is coding."
US tech employment has declined by 49,000 jobs over the past year, representing losses worse than the 2008 financial crisis or 2020 pandemic recession. The hosts attribute this to AI replacement, particularly in coding positions, noting that workers who were told to 'learn to code' are now being displaced by the technology they were trained to use.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
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- Programme
- Breaking Points
- Episode
- Jobs DISASTER, BBQ Prices Skyrocket
- Clip time
- 19:22
- Original source
- Watch the source segment →
From this episode
Breaking Points