Gen Z is increasingly concerned about job security due to the rise of automation and AI. Companies like Walmart, Procter & Gamble, Microsoft, and Intel are implementing significant layoffs, with thousands of jobs at risk. Amazon CEO Andy Jassy has acknowledged that AI will lead to job losses, stating it may reduce the company's total workforce in the next few years. This shift is prompting experts like David Wreford from Mercer consulting group to reevaluate the contract between young people and their promise of work, suggesting a potential breakdown in this agreement.
https://www.dailymail.co.uk/yourmoney/article-14831967/workplace-trick-gen-z-task-masking-job-layoffs.htmlAmazon CEO Andy Jassy has warned that the company's corporate workforce may shrink as it adopts AI, but some workers are concerned about job displacement due to generative AI, with 54% of all workers and 57% of those familiar with AI platforms expressing significant risk.
https://www.pymnts.com/artificial-intelligence-2/2025/ai-wont-trigger-employment-bloodbath-says-linkedin-co-founder/The share of COOs who reported implementing AI-powered automated cybersecurity management systems increased significantly, from 17% in May 2024 to 55% in December, highlighting the growing importance of GenAI in reducing data security losses for organizations.
https://www.pymnts.com/artificial-intelligence-2/2025/ibm-creates-integrated-solution-for-ai-security-and-governance/US Representative Marjorie Taylor Greene has expressed concerns about a proposed AI moratorium, stating that it could be "potentially dangerous" and give companies too much freedom to create harmful algorithms without accountability. The proposal has divided Republicans, with some lawmakers opposing the move, while others support it.
https://www.pymnts.com/artificial-intelligence-2/2025/tech-giants-seek-10-year-freeze-on-state-ai-rules/South Korean President Lee emphasized the importance of energy supply chains and AI integration during his multilateral diplomatic debut at the G7 summit. The government plans to help transform 10 industrial complexes into more productive operations through AI, while Naver aims to build an AI hub in Morocco targeting GDPR-bound markets. Korea's Science Ministry has outlined a vision to become one of the top three global AI powers by expanding AI computing infrastructure and enacting regulations under the Basic AI Act. The government is reconsidering its National AI Computing Center project, considering options such as easing requirements or scrapping the current plan to encourage private sector participation.
https://koreajoongangdaily.joins.com/news/2025-06-18/business/tech/Science-Ministry-answers-President-Lees-call-for-AI-service-accessible-to-all/2333281Meta is aggressively expanding its artificial general intelligence (AGI) team, with plans to hire around 50 people, including a chief scientist. CEO Mark Zuckerberg has been personally recruiting top engineers and researchers from tech firms, including OpenAI's CEO Sam Altman, who reportedly received nine-figure signing bonuses to join Meta. The company is also reorganizing its generative AI team to accelerate product rollouts and enhance its competitive edge in the rapidly evolving AI industry.
https://www.pymnts.com/artificial-intelligence-2/2025/report-meta-aims-to-hire-ai-investors-nat-friedman-and-daniel-gross/Scale has received a significant investment from Meta, with Wang joining the company's board of directors while continuing to serve on Scale's board. The deal will substantially expand their commercial relationship and allow Scale to continue partnering with leading AI labs and businesses. This move comes as Meta is reportedly weighing a multibillion-dollar investment in Scale, its largest-ever outside expenditure on AI.
https://www.pymnts.com/artificial-intelligence-2/2025/openai-winds-down-involvement-with-scale-ai/OpenAI CEO Sam Altman stated that Meta was making $100 million offers to catch up in the AI race, according to a report by The Financial Times. Altman mentioned this on his brother's podcast, Uncapped. He claimed that none of his "best people" had accepted an offer from Meta, indicating OpenAI's strong position in the AI competition.
https://www.pymnts.com/artificial-intelligence-2/2025/altman-says-meta-offering-100-million-to-recruit-openai-staff/OpenAI executives are considering accusing Microsoft of anticompetitive behavior in their deal, with the companies discussing revising terms of Microsoft's investment in OpenAI, including its future equity stake. Microsoft has invested billions into OpenAI to position itself as a leading AI player, while OpenAI seeks approval from Microsoft to become a public-benefit corporation, which would facilitate capital raises.
https://nypost.com/2025/06/18/business/microsoft-prepared-to-walk-away-from-high-stakes-talks-with-openai-report/