#techsector — Public Fediverse posts

AI: The ROI Runway Could Be Long Outside the Tech Sector

https://www.apollo.com/wealth/insights-news/insights/daily-spark/ai-the-roi-runway-could-be-long-outside-the-tech-sector

Comments: https://news.ycombinator.com/item?id=48810533

#HackerNews #AI #ROI #TechSector #Investment #Insights #FutureTrends

AI: The ROI Runway Could Be Long Outside the Tech Sector

https://www.apollo.com/wealth/insights-news/insights/daily-spark/ai-the-roi-runway-could-be-long-outside-the-tech-sector

Comments: https://news.ycombinator.com/item?id=48810533

#HackerNews #AI #ROI #TechSector #Investment #Insights #FutureTrends

@rootwyrm @nixCraft @reddy_1975 @kevinrenskers

Does anyone think that somehow, someway, that magically the #TechSector and #OpenSource would be spared of this #fascist horseshit?

It's one more teeny hook to latch onto and break wide open. They _want_ stupid subservience, and they see the ripeness and naivete in this community and will rape and pillage to their hearts content if they aren't stopped at the onset. They vehemently #hate intelligence and will burn this village down.

@rootwyrm @nixCraft @reddy_1975 @kevinrenskers

Does anyone think that somehow, someway, that magically the #TechSector and #OpenSource would be spared of this #fascist horseshit?

It's one more teeny hook to latch onto and break wide open. They _want_ stupid subservience, and they see the ripeness and naivete in this community and will rape and pillage to their hearts content if they aren't stopped at the onset. They vehemently #hate intelligence and will burn this village down.

Many outside India’s IT sector believe it’s facing a moment of reckoning. But Indian IT czars insist all is well and that the sector will adapt to AI. But the bigger question is what is at stake for India either way. Today's HT Number Theory looked deeper into what the numbers show.

Read on HT app: https://www.hindustantimes.com/editors-pick/the-importance-of-it-sector-in-indias-labour-market-number-theory-101771816476620.html

#India #IT #ITSector #Tech #MastIndia #AI #GenAI #Outsourcing #BPO #TechSector #TCS #Infosys #DataViz #Economy

Many outside India’s IT sector believe it’s facing a moment of reckoning. But Indian IT czars insist all is well and that the sector will adapt to AI. But the bigger question is what is at stake for India either way. Today's HT Number Theory looked deeper into what the numbers show.

Read on HT app: https://www.hindustantimes.com/editors-pick/the-importance-of-it-sector-in-indias-labour-market-number-theory-101771816476620.html

#India #IT #ITSector #Tech #MastIndia #AI #GenAI #Outsourcing #BPO #TechSector #TCS #Infosys #DataViz #Economy

Lees tip -> Dreigt een gevaarlijke A.I.-bubbel zoals in 1999? | Onderzoeksartikel over de mogelijk opgeblazen AI-markt, de rol van Nvidia in circulaire financiering en welke sectoren en banen wereldwijd gevaar lopen bij een knallende bubbel. | #AIbubbel #beurscrash #dotcombubbel #financiëlerisico’s #kunstmatigeintelligentie #Nvidia #techsector #vendorfinancing #werkloosheid |

https://hbpmedia.nl/gevaar-ai-bubbel/

#ArtificialIntelligence bubble just released gas$$$$$... as #WallStreet tech #stocks suffer worst week since April amidst $800 Billion AI sell-off today of many #TechSector darlings... #Nvidia alone lost approximately $530 billion in market value this week. Peter Thiel's SpyI firm #Palantir was amongst the biggest losers... joined by drops at #AMD, #Oracle, #Meta , #Broadcom, #Microsoft and many more all shedding sizable percentages of #MarketValuation in a recessionary #Bear sighting

https://theetfbully.com/2025/11/ai-stocks-lead-market-slide-as-wall-street-warns-of-possible-pullback/

#ArtificialIntelligence bubble just released gas$$$$$... as #WallStreet tech #stocks suffer worst week since April amidst $800 Billion AI sell-off today of many #TechSector darlings... #Nvidia alone lost approximately $530 billion in market value this week. Peter Thiel's SpyI firm #Palantir was amongst the biggest losers... joined by drops at #AMD, #Oracle, #Meta , #Broadcom, #Microsoft and many more all shedding sizable percentages of #MarketValuation in a recessionary #Bear sighting

https://theetfbully.com/2025/11/ai-stocks-lead-market-slide-as-wall-street-warns-of-possible-pullback/

Curious if Europe really needs a Silicon Valley to thrive? Paul Krugman challenges the notion that Europe’s economic woes stem solely from tech lag behind the U.S. and China. He reveals tech gains stay highly regional, even within America, questioning if benefits truly diffuse widely. His insights unravel myths about tech’s role in growth and urges caution on overconfidence. Dive deeper for nuanced views on tech, growth, and global gaps: https://paulkrugman.substack.com/p/tech-and-the-wealth-of-nations #PaulKrugman #Europe #technology #SiliconValley #economicgrowth #productivity #techsector #globalcompetitiveness

The old SF tech scene is dead. What it’s morphing into is sinister.

Column: San Francisco’s absurd, redundant startups are a relic of the past.

Source: The old SF tech scene is dead. What it’s morphing into is sinister.

#AsianStocks dropped as tech sector losses deepened post Tesla & Alphabet earnings. China’s #CSI300 -0.8%, #SSEC -0.6% on weak data. Broad markets mixed: #ASX200, #TOPIX, #Nifty50 futures all fell slightly. #AsianMarkets #TechSector #ChinaEconomy

I have this wild idea that simply defining #techJobs by their #responsibilities instead of their #techskills could ease many ailments of the #techsector :

- #imposterSyndrome
- #techExcptionalism
- failure to hire & promote #women and #minotities
- chronic under-appreciation of #softSkills
- #engineer tunnel vision
- over-focus on a specific #Technology
- lack of definition around senior roles
- #manager Vs IC tension
- EMs doing #coding rather than #management
- The #10x / #rockstar #Dev myth

I have this wild idea that simply defining #techJobs by their #responsibilities instead of their #techskills could ease many ailments of the #techsector :

- #imposterSyndrome
- #techExcptionalism
- failure to hire & promote #women and #minotities
- chronic under-appreciation of #softSkills
- #engineer tunnel vision
- over-focus on a specific #Technology
- lack of definition around senior roles
- #manager Vs IC tension
- EMs doing #coding rather than #management
- The #10x / #rockstar #Dev myth

US stocks surged on Friday as chip stocks led by Nvidia propelled the tech sector higher amid increasing demand for artificial intelligence hardware. Dow Jones up 0.3%, S&P 500 gains 0.8%, and NASDAQ jumps 1.2%. #USstocks #Nvidia #chipstocks #techsector

Nvidia announced its financial results for the last quarter of 2023, reporting revenues of $22.1 billion, marking a remarkable 265% year-on-year increase, surpassing analysts' expectations of $20.41 billion. Net profit per share also surged to $5.16 in this period. Notably, data center revenues saw a staggering 409% growth compared to the previous year. #Nvidia #FinancialResults #RevenueGrowth #DataCenter #TechSector

#INTEGRITY CAN'T BE SACRIFICED FOR MATERIAL PURSUIT
"Why was punishment admin'ed in 1 case but not e other? Does tis suggest #doublestandard btw corp leaders & employees, or #techsector & rest of biz world? Claim'g a Cambridge PhD wasn’t 1st time Lee lied. 2001 he was fired by Elipva for fabricat'g prestigious awards & fellowships in his CV .. By not hold'g Lee resp for his long-stand'g #deception there is a risk of normalis'g #dishonesty at highest levels of #leadership"
https://www.channelnewsasia.com/commentary/vizzio-ceo-jon-lee-fake-cambridge-phd-board-investor-accountability-trust-4077011

Tech (Global News): Canada’s tech sector latest industry to experience shift away from remote work https://globalnews.ca/news/9941400/canada-tech-sector-remote-work/ #globalnews #TechNews #Technology #Canadatechindustry #Canadaremotework #Canadatechsector #remoteworkcanada #TechIndustry #WorkFromHome #techlayoffs #CanadaTech #remotework #techlayoff #TechSector #Techtoday #TechNews #Economy #Canada #Tech

@danjac
The #TechSector is still growing rapidly, and #WebDevelopment is no exception.

"Overall employment of web developers and digital designers is projected to grow 23 percent from 2021 to 2031, much faster than the average for all occupations."
Source: https://www.bls.gov/ooh/computer-and-information-technology/web-developers.htm

I used to work at #JPMorganChase, until I woke up one morning and realized that I had come to a crossroads: I could either keep working there and putting money in the pockets of evil billionaires, or I could be a good person and find somewhere else to work. It took me a while to get out and find a new employer, but that was one of the best decisions I've ever made.

It all comes down to #CoreValues. If your current employer's policies are at odds with your core values, you should find a new employer. You might not find one right away, but the sooner you start searching and applying, the sooner you'll find an employer whose values align with your own, and the sooner you can quit working for #TheBadGuys.

@[email protected]
The #TechSector is still growing rapidly, and #WebDevelopment is no exception.

"Overall employment of web developers and digital designers is projected to grow 23 percent from 2021 to 2031, much faster than the average for all occupations."
Source: https://www.bls.gov/ooh/computer-and-information-technology/web-developers.htm

I used to work at #JPMorganChase, until I woke up one morning and realized that I had come to a crossroads: I could either keep working there and putting money in the pockets of evil billionaires, or I could be a good person and find somewhere else to work. It took me a while to get out and find a new employer, but that was one of the best decisions I've ever made.

It all comes down to #CoreValues. If your current employer's policies are at odds with your core values, you should find a new employer. You might not find one right away, but the sooner you start searching and applying, the sooner you'll find an employer whose values align with your own, and the sooner you can quit working for #TheBadGuys.

Senators Josh Hawley and Richard Blumenthal introduced legislation that would allow social media companies to be sued for spreading harmful content created with artificial intelligence. Section 230 of the Communications Decency Act protects internet companies from liability for content posted on their platforms, maybe with an AI carve-out in the future. Bipartisan support for the proposal suggests a potential breakthrough after several years of stalled U.S. legislative efforts.

#AI #Section230 #SocialMedia #Legislation #HarmfulMaterial #ArtificialIntelligence #Deepfake #Liability #InternetCompanies #Bipartisan #JoshHawley #RichardBlumenthal #TechSector #Reform #Accountability #Algorithms #ContentDistribution #CommunicationsDecencyAct #Publisher #Speaker

https://www.reuters.com/technology/bipartisan-us-bill-would-end-section-230-immunity-generative-ai-2023-06-14/

My employer has been enjoying record profitability and has been thanking me and my colleagues for our contributions! Of course, we are encouraged to make a big deal about what a Great Place to Work we are.

The profits come from "increasing" salaries to less than they were 2 years ago, in real terms.

#TechSector employers can get away with this due to a disastrously low level of unionisation. For profitable companies, matching #inflation should be the pay adjustment baseline.

#WorkersRights

My employer has been enjoying record profitability and has been thanking me and my colleagues for our contributions! Of course, we are encouraged to make a big deal about what a Great Place to Work we are.

The profits come from "increasing" salaries to less than they were 2 years ago, in real terms.

#TechSector employers can get away with this due to a disastrously low level of unionisation. For profitable companies, matching #inflation should be the pay adjustment baseline.

#WorkersRights

I’ve run into a few people who are salaried (not contracted) by more than one employer — taking advantage during the pandemic of remote work. One person boasted of 3 full time positions (the bosses were unaware of the other employers). So he’s pulling 3 good paychecks. Clever, but how ethical? Even if a genius at time management, these are jobs that others might need. Maybe a good reason to get people back on site? #Ethics #RemoteWork #Employment #TechSector

I’ve run into a few people who are salaried (not contracted) by more than one employer — taking advantage during the pandemic of remote work. One person boasted of 3 full time positions (the bosses were unaware of the other employers). So he’s pulling 3 good paychecks. Clever, but how ethical? Even if a genius at time management, these are jobs that others might need. Maybe a good reason to get people back on site? #Ethics #RemoteWork #Employment #TechSector

#BCgovernment extended #InteractiveDigitalMedia #TaxCredit for another 5 years to lower #employment costs for #TechCompanies .
This tax credit is a #refundable tax credit equal to 17.5 percent of eligible 'salary & #wages in #BritishColumbia. This year’s extension, which is part of #BCBudget2023 will allow the program to operate until 2028 to continue #LoweringCosts for talent as the #TechSector conducts more #layoffs
https://betakit.com/bc-government-extends-tax-credit-for-digital-media-companies

#BCbusiness #BCeconomy #BCtech #TechIndustry #BCpoli

"The California Department of Financial Protection and Innovation (DFPI) announced today that it has taken possession of Silicon Valley Bank, citing inadequate liquidity and insolvency.

"Silicon Valley Bank is a state-chartered commercial bank based in Santa Clara and is a member of the Federal Reserve System, with total assets of approximately $209 billion and total deposits of approximately $175.4 billion"
https://dfpi.ca.gov/2023/03/10/california-financial-regulator-takes-possession-of-silicon-valley-bank/
--
#SVB #California #bank #finance #TechSector #inflation

"The California Department of Financial Protection and Innovation (DFPI) announced today that it has taken possession of Silicon Valley Bank, citing inadequate liquidity and insolvency.

"Silicon Valley Bank is a state-chartered commercial bank based in Santa Clara and is a member of the Federal Reserve System, with total assets of approximately $209 billion and total deposits of approximately $175.4 billion"
https://dfpi.ca.gov/2023/03/10/california-financial-regulator-takes-possession-of-silicon-valley-bank/
--
#SVB #California #bank #finance #TechSector #inflation

The tech sector experienced uncertainty and instability towards the end of 2022, resulting in mass layoffs at many of the world's biggest tech companies. Additionally, organizations planned to increase cybersecurity spending in 2023 due to the high global concern over cyberattacks. https://www.csoonline.com/article/3687668/top-cybersecurity-manda-deals-for-2023.html#tk.rss_all #TechSector #Layoffs #CyberSecurity

The tech sector experienced uncertainty and instability towards the end of 2022, resulting in mass layoffs at many of the world's biggest tech companies. Additionally, organizations planned to increase cybersecurity spending in 2023 due to the high global concern over cyberattacks. https://www.csoonline.com/article/3687668/top-cybersecurity-manda-deals-for-2023.html#tk.rss_all #TechSector #Layoffs #CyberSecurity

Good read...

"Blame the CEO for Tech Layoffs at Google, Facebook, Salesforce, Amazon"
https://www.businessinsider.com/fire-blame-ceo-tech-employee-layoffs-google-facebook-salesforce-amazon-2023-2?r=US&IR=T

#TechSector

Good read...

"Blame the CEO for Tech Layoffs at Google, Facebook, Salesforce, Amazon"
https://www.businessinsider.com/fire-blame-ceo-tech-employee-layoffs-google-facebook-salesforce-amazon-2023-2?r=US&IR=T

#TechSector

The #LaborMarket shattered expectations in January, as the #economy added 517,000 #jobs, despite tens of thousands of #layoffs in the #TechSector.

January marked the 25th straight month of solid #JobGrowth, & the #unemployment rate edged down to a new low of 3.4%.

By Lauren Kaori Gurley
https://www.washingtonpost.com/business/2023/02/03/january-jobs-labor-market/

The #LaborMarket shattered expectations in January, as the #economy added 517,000 #jobs, despite tens of thousands of #layoffs in the #TechSector.

January marked the 25th straight month of solid #JobGrowth, & the #unemployment rate edged down to a new low of 3.4%.

By Lauren Kaori Gurley
https://www.washingtonpost.com/business/2023/02/03/january-jobs-labor-market/

@GhostOnTheHalfShell

We need to be mindful of the vast #inequality that appears to be normalised. No matter what anyone says a $300,000 (USD) yearly wage in the world today is a corrupting amount of money.

Inequality creates societal problems.

There seem to be references to #SanFrancisco, and #LosAngeles in this, but if the #techSector is so great it should not matter where a person lives thus the wage is not justified.

@karstenbondy @feld @fuzzychef @sjvn @oneiros @ariadne @jollyrogue

During the #coronavirus #pandemic, the U.S. #economy experienced a flash-freeze depression, and the #TechSector was booming. Today, the U.S. #LaborMarket seems quite strong, and yet the #tech and #media industries are bleeding. What’s going on? https://www.theatlantic.com/newsletters/archive/2023/01/what-the-tech-and-media-layoffs-are-really-telling-us-about-the-economy/672791/?utm_source=feed #Layoffs

During the #coronavirus #pandemic, the U.S. #economy experienced a flash-freeze depression, and the #TechSector was booming. Today, the U.S. #LaborMarket seems quite strong, and yet the #tech and #media industries are bleeding. What’s going on? https://www.theatlantic.com/newsletters/archive/2023/01/what-the-tech-and-media-layoffs-are-really-telling-us-about-the-economy/672791/?utm_source=feed #Layoffs

Tech (Global News): Google laying off 12,000 workers as tech sector job cuts expand https://globalnews.ca/news/9424316/google-layoffs-tech-sector/ #globalnews #TechNews #Technology #COVID-19Pandemic #Googlejobcuts #Googlelayoffs #layoffsintech #BusinessNews #techlayoffs #Googlejobs #TechSector #U.S.News #Economy #Google #COVID #Tech

Lloré todo mi vuelo leyendo Uncanny Valley de Anna Weiner. Estar el #techsector como mujer activista es una experiencia desgastante y cuesta arriba … pero necesaria para desmentir a vatos blancos con malas ideas.

Lloré todo mi vuelo leyendo Uncanny Valley de Anna Weiner. Estar el #techsector como mujer activista es una experiencia desgastante y cuesta arriba … pero necesaria para desmentir a vatos blancos con malas ideas.

Layoffs at Communitech, Faire, & D2L: More tech sector layoffs in Waterloo Region likely on the way

https://www.therecord.com/news/waterloo-region/2022/11/24/more-tech-sector-layoffs-in-waterloo-region-likely-on-the-way.html

#WaterlooRegion #Kitchener #Waterloo #Communitech #TechSector

Layoffs at Communitech, Faire, & D2L: More tech sector layoffs in Waterloo Region likely on the way

https://www.therecord.com/news/waterloo-region/2022/11/24/more-tech-sector-layoffs-in-waterloo-region-likely-on-the-way.html

#WaterlooRegion #Kitchener #Waterloo #Communitech #TechSector

Hey people, just a friendly reminder that if you're working in the #TechSector maybe you should consider joining a union

Getting laid off over Zoom or email? It happens. Employees & experts say it fails to factor in the people on the receiving end of job losses. #layoffs #technology #techsector #techjobs https://www.cbc.ca/news/business/employers-email-video-technology-job-terminations-1.6655717

Getting laid off over Zoom or email? It happens. Employees & experts say it fails to factor in the people on the receiving end of job losses. #layoffs #technology #techsector #techjobs https://www.cbc.ca/news/business/employers-email-video-technology-job-terminations-1.6655717