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VOICE ARCHIVE

Paul Rietschka

@prietschka
157 posts
2026-03-08
I keep saying: the future of tech jobs is no tech jobs.  —  Expect anywhere from 1/4-1/2 headcount reduction overall, and that will be permanent, people.  In the US we're already seeing more offshoring as there are virtually no labor laws, and any that exist formally aren't enforced.  —  If you can, run.
2026-03-08 View on X
Business Insider

The US' February jobs report shows the tech sector's post-2022 job losses are now outpacing past downturns in 2008 and 2020

- Tech industries are losing their strength.  — One economist said tech job losses outpaced the past two recessions.  — Still, there is weakness in other areas of the job market.

2026-03-07
I keep saying: the future of tech jobs is no tech jobs.  —  Expect anywhere from 1/4-1/2 headcount reduction overall, and that will be permanent, people.  In the US we're already seeing more offshoring as there are virtually no labor laws, and any that exist formally aren't enforced.  —  If you can, run.
2026-03-07 View on X
Business Insider

The US' February jobs report shows the tech sector's post-2022 job losses are now outpacing past downturns in 2008 and 2020

- Tech industries are losing their strength.  — One economist said tech job losses outpaced the past two recessions.  — Still, there is weakness in other areas of the job market.

2026-03-06
Look for a 1/4-1/3 overall reduction in head count in tech over the next 2-5 years, perhaps as much as 1/2.  —  The total number of employees in tech today is the highest it will ever be; the future of tech employment is no tech employment.  —  If you're in the sector plan accordingly.  [embedded post]
2026-03-06 View on X
Bloomberg

Sources: Oracle is planning to cut thousands of jobs as soon as March, among its moves to handle a cash crunch from a massive AI data center expansion effort

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort.

2026-03-05
Look for a 1/4-1/3 overall reduction in head count in tech over the next 2-5 years, perhaps as much as 1/2.  —  The total number of employees in tech today is the highest it will ever be; the future of tech employment is no tech employment.  —  If you're in the sector plan accordingly.  [embedded post]
2026-03-05 View on X
Bloomberg

Sources: Oracle is planning to cut thousands of jobs as soon as March, among its moves to handle a cash crunch from a massive AI data center expansion effort

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort.

2026-03-03
The way “democratize” gets misused constantly is really something.  [embedded post]
2026-03-03 View on X
Financial Times

Sam Altman says OpenAI amended its DOD contract to ensure “the AI system shall not be intentionally used for domestic surveillance of US persons and nationals”

Sam Altman says company is working with defence department on provisions covering mass surveillance

The way “democratize” gets misused constantly is really something.  [embedded post]
2026-03-03 View on X
@sama

Sam Altman says that “the democratic process must stay in control, and we must democratize AI” and that no private company should decide the fate of the world

(I also would like to share this, which I wrote after thinking a little more.)  There is a lot we will talk about in the coming days …

2026-02-27
This is the corporate blueprint in tech for the next 2-5 years, for those of you in the field and planning to stay.  —  The rolling layoffs will be brutal; AI will be the excuse for everything.  —  Good luck.  You will need it.  —  x.com/jack/status/...
2026-02-27 View on X
CNBC

Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+

Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.

This is the corporate blueprint in tech for the next 2-5 years, for those of you in the field and planning to stay.  —  The rolling layoffs will be brutal; AI will be the excuse for everything.  —  Good luck.  You will need it.  —  x.com/jack/status/...
2026-02-27 View on X
Reuters

Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B

Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …

2026-02-24
Uh, just going to point out that there's been zero progress on AI building “complex software,” and AI cannot, and will not, solve “advanced physics problems.”  —  These claims are lies, plain and simple.  [embedded post]
2026-02-24 View on X
The Verge

A look at the challenges some AI developers face in building models to extract trillions of high-quality tokens from PDFs, which are hard to parse, for training

Last November, the House Oversight Committee had just released 20,000 pages of documents from the estate of Jeffrey Epstein …

2026-02-23
I was around for the Dotcom era, this is no Dotcom era.  —  In the Dotcom bubble everything was new, and the Internet felt like wide frontier everyone could have a stake in.  There was a sense of promise, as if we were on the cusp of something big and new (and we fucking were).  —  AI is no Dotcom. …
2026-02-23 View on X
New York Times

In recent interviews, Sam Altman said AI's adoption faces more resistance than he expected, while Jensen Huang warned the “doomer narrative” may be winning

Tech leaders are beginning to worry about the public's underwhelming enthusiasm for their plans to remake the world with artificial intelligence.LinkedIn:Bridget FahrlandandDaron Y...

2026-02-20
Waymo has largely make believe technology, hopelessly dependent upon Filipino tele-operators.  Tesla has an entirely make believe technology with only 29 vehicles operating in Austin, with drivers in the car and a ridiculously high accident rate.  —  Not so much of a threat.  [embedded post]
2026-02-20 View on X
Wall Street Journal

Uber's market cap fell to ~$150B, down ~25% in six months, as investors weigh robotaxi disruption and see the market as a two-horse race between Waymo and Tesla

Waymo's momentum is undeniable, but Uber's scale is being undervalued in AI-driven selloff  —  Uber can't seem to emerge from the shadow of what's to come.

This is certainly a product of Dorsey mismanaging the company for years.  —  Many missed opportunities.  —  But this is going to be the route of so many companies in tech as the “real” AI revolution rolls out, i.e., mandated use, layoffs, failed projects, more layoffs, rinse and repeat. …
2026-02-20 View on X
Wired

Block employees describe a deteriorating culture, as morale plunges amid rolling layoffs and Jack Dorsey pushes generative AI tools to maximize productivity

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily.

2026-02-19
This is certainly a product of Dorsey mismanaging the company for years.  —  Many missed opportunities.  —  But this is going to be the route of so many companies in tech as the “real” AI revolution rolls out, i.e., mandated use, layoffs, failed projects, more layoffs, rinse and repeat. …
2026-02-19 View on X
Wired

Workers describe a deteriorating culture at Jack Dorsey's Block as morale plunges amid rolling layoffs and a push to use AI tools to improve productivity

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily.

2026-02-10
“PMs and designers began writing code; researchers took on engineering tasks; and individuals across the organization attempted work they would have outsourced, deferred, or avoided entirely in the past.”  —  You mean they delved into areas they were incompetent in and had no business doing so?
2026-02-10 View on X
Harvard Business Review

An eight-month 2025 study at a US tech company: AI tools didn't reduce work but intensified it; employees worked faster, longer, and did a bigger scope of tasks

Right now, many companies are worried about how to get more employees to use AI.  After all, the promise of AI reducing the burden of some work …

2026-02-09
“PMs and designers began writing code; researchers took on engineering tasks; and individuals across the organization attempted work they would have outsourced, deferred, or avoided entirely in the past.”  —  You mean they delved into areas they were incompetent in and had no business doing so?
2026-02-09 View on X
Harvard Business Review

An eight-month study at a US tech company finds AI tools didn't reduce work but intensified it, as employees worked faster and took on a broader range of tasks

Right now, many companies are worried about how to get more employees to use AI.  After all, the promise of AI reducing the burden of some work …

I don't believe a word of this.  Unless/until Anthropic allows a set of reputable forensic accountants in to look at the books I'll treat everything Wario et sa soeur say as lies.  [embedded post]
2026-02-09 View on X
Financial Times

How Anthropic's bet on enterprise users is paying off; sources say Anthropic's investor guidance claims annualized revenue will exceed $30B by the end of 2026

Start-up's bet on enterprise users is paying off as coding tools fuel revenue and investor frenzy

2026-02-08
I don't believe a word of this.  Unless/until Anthropic allows a set of reputable forensic accountants in to look at the books I'll treat everything Wario et sa soeur say as lies.  [embedded post]
2026-02-08 View on X
Financial Times

How Anthropic's bet on enterprise users is paying off; sources: Anthropic's guidance to investors claims annualized revenue will exceed $30B by the end of 2026

Start-up's bet on enterprise users is paying off as coding tools fuel revenue and investor frenzy  —  Anthropic achieved a breakout moment …

I don't believe a word of this.  Unless/until Anthropic allows a set of reputable forensic accountants in to look at the books I'll treat everything Wario et sa soeur say as lies.  [embedded post]
2026-02-08 View on X
Simon Willison's Weblog

Anthropic rolls out a fast mode for Claude Opus 4.6 in research preview, saying it offers the same model quality 2.5 times faster but costs six times more

Opus is usually $5/million input and $25/million output.  The new fast mode is $30/million input and $150/million output!

2026-02-01
This is — I'm not being hyperbolic — insane:
2026-02-01 View on X
404 Media

A researcher says an exposed Moltbook database could have let anyone take control of the site's AI agents and post anything; the database has since been secured

‘It exploded before anyone thought to check whether the database was properly secured.’  —  Moltbook is a “social media” …

This is — I'm not being hyperbolic — insane:
2026-02-01 View on X
Simon Willison's Weblog

A look at Moltbook, a social network where OpenClaw assistants interact autonomously, as they discuss consciousness and identity, technical tips, and more

This is the way the world ends.  Not with a bang …Charlie Guo /Artificial Ignorance:Humans Welcome to ObserveBen Smith /Semafor:The humans are chasing conspiracies. What will the b...