Overview
- Geoffrey Hinton told CNN that AI could materially displace many jobs in 2026, citing rapid capability gains already reaching call-center work and longer software tasks.
- Economists referenced in the coverage foresee the possibility of growth without job gains next year, while corporate surveys suggest hiring shifts toward entry-level tech roles and senior management.
- OpenAI’s Sam Altman acknowledged some roles will vanish yet called the next decade an exceptionally strong time to start careers, highlighting new AI-enabled entrepreneurship.
- Beijing-backed funds led a new strategic round in Jiuzhang Cloud to expand AI infrastructure; the company says it manages over 10,000 PFLOPs, holds 13.1% of South China’s third-party inclusive compute market, and targets 100,000 PFLOPs within three years.
- Counterpoint projects consumer generative AI spending to rise from $225 billion in 2023 to $699 billion in 2030, with AI phones driving hardware growth and chatbots, assistants, and content tools lifting software adoption.