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Every company would be affected if the AI bubble were to burst, the head of Google's parent firm Alphabet has told the BBC.
Speaking exclusively to BBC News, Sundar Pichai said while the growth of artificial intelligence (AI) investment had been an "extraordinary moment", there was some "irrationality" in the current AI boom.
It comes amid fears in Silicon Valley and beyond of a bubble as the value of AI tech companies has soared in recent months and companies spend big on the burgeoning industry.
Asked whether Google would be immune to the impact of the AI bubble bursting, Mr Pichai said the tech giant could weather that potential storm, but also issued a warning.
"I think no company is going to be immune, including us," he said.
UK gilt markets looked rattled when it was reported finance minister Rachel Reeves was scrapping much-trailed plans to raise income tax. Hetal Mehta of St James's Place told Reuters that if that's off the table, there are questions over what other levers Reeves can pull.
#News#Reuters#Newsfeed
Could Shein be suspended in France? The Chinese giant is under growing scrutiny for selling controversial products, including childlike sex dolls and bladed weapons.
The ultra-fast fashion brand has just opened its first physical store in the BHV, one of Paris's iconic department stores. French fashion brands denounce what they call unfair competition in an already weakened sector: one in two fashion retailers is facing serious financial difficulties, with 37,000 jobs lost in the last decade.
The United States is facing a historic economic crisis: over 1 million jobs wiped out, mass layoffs across major industries, collapsing corporate profits, and a workforce pushed to the edge. This report breaks down why 2025 is shaping up to be the most dangerous labor market year since the Great Depression, and why the numbers you’re hearing on the news barely scratch the surface.
From tech giants quietly eliminating thousands of white-collar roles, to retail chains shutting hundreds of stores, to manufacturing plants freezing new hiring entirely — the American worker is being pushed into a new era of instability. And behind the layoffs lies something far more serious: shrinking consumer demand, rising corporate debt, skyrocketing living costs, and a government struggling under $38 trillion of national debt.
In this video, we analyze the real reasons behind the job cuts, who will be hit next, and why the system is cracking faster than anyone expected. If you want to understand the truth behind America’s economic decline — and what families should prepare for — you need to watch this until the end.
#Layoffs#JobCuts#usaconomy⚠️ DISCLAIMER:
This video is for educational and analytical purposes only. It is not financial advice, not political guidance, and not investment recommendations. All information is based on publicly available data and independent research. Viewers should always conduct their own due diligence before making financial or career decisions.
