Overview
- Google plans to restart Iowa’s Duane Arnold plant and pursue additional nuclear projects, Meta secured a 20‑year supply from Illinois’s Clinton facility, and Microsoft plans to revive Three Mile Island as forecasts peg data‑center demand at about 320 gigawatts by 2027.
- Amazon is cutting roughly 14,000 office roles, with CEO Andy Jassy saying the move is not financially driven or caused by AI and is intended to flatten management layers and speed decisions.
- A Goldman Sachs survey of its bankers points to a 4% employment drop next year and 11% within three years, with customer service, administrative and some IT roles seen as most exposed.
- Independent research finds limited efficiency gains from corporate AI pilots, including an MIT review reporting about 95% showed no measurable benefits and cases of fabricated citations that created costly errors.
- A Wharton survey reports 43% of executives fear skill loss from AI reliance, and Forrester says more than half of employers who replaced staff with AI later regretted the decision.