AI might be creating a ‘permanent underclass’ but it’s the makers of the tech bubble who are replaceable | Van Badham

The GuardianThursday, October 16, 2025 at 3:20:10 AM
AI might be creating a ‘permanent underclass’ but it’s the makers of the tech bubble who are replaceable | Van Badham
A recent report from The New Yorker highlights the concerning impact of AI on the workforce, suggesting it could lead to a 'permanent underclass' of workers who are unable to adapt to the rapid technological changes. This matters because it raises critical questions about the sustainability of AI advancements and the responsibility of tech creators in shaping a future that includes everyone, not just those who can keep up with the latest innovations.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
This 27-year-old’s TikTok-like AI app makes playful, creative short videos from just a few words—it’s built for Gen Z
PositiveFinancial Markets
Demi Guo's innovative AI app, Pika, is making waves by allowing users to create fun and creative short videos from just a few words and selfies. Targeted at Gen Z, this fast-growing platform is positioning itself against major players like Meta's Vibes and OpenAI's Sora. Pika's unique approach not only enhances user creativity but also taps into the growing demand for quick, engaging content, making it a significant player in the evolving landscape of social media.
This 27-year-old’s TikTok-like AI app makes playful, creative short videos from just a few words—it’s built for Gen Z
PositiveFinancial Markets
Demi Guo's innovative AI app, Pika, is making waves by allowing users to create fun and creative short videos from just a few words and selfies. Targeted at Gen Z, this fast-growing platform is positioning itself against major players like Meta's Vibes and OpenAI's Sora. Pika's unique approach not only enhances user creativity but also taps into the growing demand for quick, engaging content, making it a significant player in the evolving landscape of social media.
OpenAI wants to own it all
NeutralFinancial Markets
OpenAI, the creator of ChatGPT, is showcasing its ambitious plans for expansion and innovation in the tech industry. While their aspirations are impressive, there are concerns about whether they can manage this growth effectively without facing significant challenges. This matters because the direction OpenAI takes could influence the future of artificial intelligence and its integration into everyday life.
OpenAI wants to own it all
NeutralFinancial Markets
OpenAI, the creator of ChatGPT, is showcasing its ambitious plans for expansion and innovation in the tech industry. While their aspirations are impressive, there are concerns about whether they can manage this growth effectively without facing significant challenges. This matters because the direction OpenAI takes could influence the future of artificial intelligence and its integration into everyday life.
Sam Altman says OpenAI isn’t the ‘moral police of the world’ after people slam its decision to offer erotica to adult users
NegativeFinancial Markets
Sam Altman, CEO of OpenAI, recently addressed criticism regarding the company's decision to allow erotic content for adult users, stating that OpenAI is not the 'moral police of the world.' This statement comes in response to billionaire Mark Cuban's concerns that such a move could negatively impact OpenAI's business. The debate highlights the challenges tech companies face in balancing user freedom with ethical considerations, making it a significant topic in discussions about the future of AI and content regulation.
Sam Altman says OpenAI isn’t the ‘moral police of the world’ after people slam its decision to offer erotica to adult users
NegativeFinancial Markets
Sam Altman, CEO of OpenAI, recently addressed criticism regarding the company's decision to allow erotic content for adult users, stating that OpenAI is not the 'moral police of the world.' This statement comes in response to billionaire Mark Cuban's concerns that such a move could negatively impact OpenAI's business. The debate highlights the challenges tech companies face in balancing user freedom with ethical considerations, making it a significant topic in discussions about the future of AI and content regulation.
The AI investing boom gets its posterboy: Meet Leopold Aschenbrenner
PositiveFinancial Markets
Leopold Aschenbrenner is emerging as a key figure in the booming AI investing landscape, as highlighted in Sharon Goldman's profile. This story is significant because it showcases how individuals like Aschenbrenner are shaping the future of investment in artificial intelligence, reflecting broader trends in the financial sector.
The AI investing boom gets its posterboy: Meet Leopold Aschenbrenner
PositiveFinancial Markets
Leopold Aschenbrenner is emerging as a key figure in the booming AI investing landscape, as highlighted in Sharon Goldman's profile. This story is significant because it showcases how individuals like Aschenbrenner are shaping the future of investment in artificial intelligence, reflecting broader trends in the financial sector.
OpenAI’s Porn Pivot Is Problematic But Lucrative, Parmy Olson Says
NeutralFinancial Markets
OpenAI is set to update ChatGPT to allow verified adult users to engage in erotic conversations, a move that aims to monetize its platform. While this pivot has the potential to generate significant revenue, it raises ethical concerns, as highlighted by Bloomberg Opinion columnist Parmy Olson in her discussion with Francine Lacqua. Olson acknowledges the financial benefits but warns of the implications of such content, making it a complex issue worth watching.
OpenAI’s Porn Pivot Is Problematic But Lucrative, Parmy Olson Says
NeutralFinancial Markets
OpenAI is set to update ChatGPT to allow verified adult users to engage in erotic conversations, a move that aims to monetize its platform. While this pivot has the potential to generate significant revenue, it raises ethical concerns, as highlighted by Bloomberg Opinion columnist Parmy Olson in her discussion with Francine Lacqua. Olson acknowledges the financial benefits but warns of the implications of such content, making it a complex issue worth watching.
Foxconn shares surge after chairman reveals OpenAI meeting
PositiveFinancial Markets
Foxconn's shares have seen a significant surge following an announcement from its chairman about a meeting with OpenAI. This development is noteworthy as it suggests potential collaborations or innovations that could arise from the partnership, reflecting positively on Foxconn's future prospects in the tech industry.
Foxconn shares surge after chairman reveals OpenAI meeting
PositiveFinancial Markets
Foxconn's shares have seen a significant surge following an announcement from its chairman about a meeting with OpenAI. This development is noteworthy as it suggests potential collaborations or innovations that could arise from the partnership, reflecting positively on Foxconn's future prospects in the tech industry.
Latest from Financial Markets
Investors Get SVB Flashbacks as Regional Banks Retreat
NegativeFinancial Markets
Investors are feeling uneasy as reports of suspected loan fraud at two regional banks bring back memories of the Silicon Valley Bank collapse. This situation is particularly concerning for those already worried about credit risks in the banking sector. The retreat of regional banks could signal deeper issues within the financial system, making it crucial for investors to stay informed and cautious.
Tech, Media & Telecom Roundup: Market Talk
NeutralFinancial Markets
The latest Market Talk provides insights into key players in the Technology, Media, and Telecom sectors, including TSMC, Altice, and Meituan. Understanding these companies' movements is crucial for investors and industry watchers as they navigate the evolving landscape of these dynamic markets.
Tech, Media & Telecom Roundup: Market Talk
NeutralFinancial Markets
In the latest Market Talks, insights are shared on key players in the Technology, Media, and Telecom sectors, including TSMC, Altice, and Meituan. This roundup is important as it provides investors and industry watchers with a snapshot of market trends and developments that could influence future investments and strategies.
ECB’s Simkus Says Downside Risks Keep Further Rate Cut in Play
NeutralFinancial Markets
Gediminas Simkus, a member of the European Central Bank's Governing Council, has indicated that ongoing economic challenges could lead to further interest rate cuts in the near future. This is significant as it reflects the ECB's responsiveness to economic conditions, which could impact borrowing costs and economic growth across the Eurozone.
Global stocks slide on US regional bank jitters
NegativeFinancial Markets
Global stock markets are experiencing a downturn as concerns over US regional banks escalate, leading to a significant rise in the VIX 'fear gauge' to its highest level since April. This decline in US futures and European indices reflects investor anxiety about the stability of the banking sector, which could have broader implications for the economy. It's a critical moment for investors to monitor, as these fluctuations may signal deeper issues in financial markets.
FTSE 100 heading for worst day since April as US regional bank worries rock markets – business live
NegativeFinancial Markets
The FTSE 100 is experiencing its worst day since April, dropping 150 points in early trading, primarily due to concerns surrounding US regional banks. This decline reflects broader worries in global markets, which are also seeing a downturn. Investors are reacting to the instability in the banking sector, leading to a surge in gold prices as a safe haven. This situation is significant as it highlights the interconnectedness of global financial systems and the potential ripple effects on economies worldwide.