AI
The State of AI on Labor Day 2026
Four new models in one week, a website built in an afternoon, and a VPN ticket closed by script: where AI stands on Labor Day 2026.
Labor
Technology
Meta Cuts 8,000 Jobs as AI Spending Surges
Meta will cut 8,000 jobs May 20 while pouring tens of billions more into AI. The 'AI replaced them' headline is neater than what the company actually said.
AI
The AI Layoff Trap: Why Knowing Better Isn't Enough
A new economics paper argues AI layoffs are a prisoner's dilemma with one escape — a Pigouvian tax on automation. Every other fix economists reach for (UBI, profit-sharing, retraining, wage cuts) leaves the trap intact.