Author: Futurism_Magazine Online News

Investors Concerned AI Bubble Is Finally Popping

For quite some time now, investors have fought the suggestion that the artificial intelligence industry may be forming a massive bubble, risking an eventual collapse of epic proportions that could take down the US economy with it. But shaking off those fears has proven increasingly difficult as the tech stock market reels from a major… Continue reading Investors Concerned AI Bubble Is Finally Popping

As AI Surges, Layoffs Hit Worst Moment Since 2009 During Throes of Financial Crisis

Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images US employers announced over 108,000 layoffs across January, in the highest to start the year since the depths of the Great Recession in 2009. Many executives were quick to blame AI for the layoffs, though the real reason might be simpler: companies just aren’t optimistic about… Continue reading As AI Surges, Layoffs Hit Worst Moment Since 2009 During Throes of Financial Crisis

As Crash Deepens, Investors Say Bitcoin Is Headed for Zero Dollars

Mainstream cryptocurrency Bitcoin is being eviscerated this week. The token tanked to a historic low, coming eerily close to as little as $60,000 on Thursday evening. That’s well under 50 percent down from its all-time high a mere four months ago. While the crypto has since bounced back to around the $68,000 mark, it comes… Continue reading As Crash Deepens, Investors Say Bitcoin Is Headed for Zero Dollars

It Turns Out That When Waymos Are Stumped, They Get Intervention From Workers in the Philippines

Waymo has established itself as the autonomous ride-hailing service to beat, operating a fleet of several thousand self-driving taxis across the United States, with active services in ten major metropolitan areas. That “self-driving” may be due for some extra scrutiny, though. During a Congressional hearing on Wednesday, Waymo’s chief safety officer, Mauricio Peña, was grilled… Continue reading It Turns Out That When Waymos Are Stumped, They Get Intervention From Workers in the Philippines

Internet Sleuths Just Found Something About Elon Musk Getting a Massage in the Epstein Files

Illustration by Tag Hartman-Simkins / Futurism. Source: Fabrice Coffrini / AFP via Getty Images / US Department of Justice For a guy who keeps insisting he’s totally innocent of any accusations of wrongdoing with Jeffrey Epstein, Elon Musk’s name sure turns up a whole lot in the deceased sex criminal’s emails. Now, internet sleuths have… Continue reading Internet Sleuths Just Found Something About Elon Musk Getting a Massage in the Epstein Files

Bitcoin Is Crashing So Hard That Miners Are Unplugging Their Equipment

Bitcoin is crashing hard, reaching historic lows of well below the $70,000 mark. At the time of writing, the token is hovering just above $63,000, levels we haven’t seen since October 2024. The ongoing plunge has made it far less economical to mine the digital token, a notoriously compute- and energy-intensive process — to the… Continue reading Bitcoin Is Crashing So Hard That Miners Are Unplugging Their Equipment

Crypto Guys Who Bought a Huge Gold Trump Statue Now Have a Problem

Illustration by Tag Hartman-Simkins / Futurism. Source: Dimitrios Kambouris/Getty Images When a group of crypto bros spent $300,000 commissioning a 15-foot gold statue of Donald Trump, their grift seemed solid enough. Their memecoin, $PATRIOT — for which the Trump sculpture served as a sort of promotional stunt — would soon go to the Moon, covering… Continue reading Crypto Guys Who Bought a Huge Gold Trump Statue Now Have a Problem

Tesla Stock Plummeting Since Musk Busted in Epstein Files

BRENDAN SMIALOWSKI/AFP via Getty Images Late last month, new “Epstein files” from the Department of Justice revealed that Tesla CEO Elon Musk was in regular correspondence with deceased sex criminal Jeffrey Epstein, going as far as to invite himself to his notorious Caribbean island, asking when the “wildest party” would take place in a 2012… Continue reading Tesla Stock Plummeting Since Musk Busted in Epstein Files

Elon Laments That in Spite of His Obscene Wealth, He Still Can’t Find Happiness

Illustration by Tag Hartman-Simkins / Futurism. Source: Patrick Tehan / MediaNews Group / Mercury News via Getty Images At this point, there’s nothing left to say about Elon Musk that hasn’t been said a thousand times already. Yet his latest comment is so on the nose, we couldn’t resist. “Whoever said ‘money can’t buy happiness’… Continue reading Elon Laments That in Spite of His Obscene Wealth, He Still Can’t Find Happiness