In late 2024, I urged friends and colleagues to invest in the drone industry for one simple reason: After years of progress and innovation, military and surveillance drone makers had begun producing large amounts of effective drones at low cost. Many drone applications now have very high “cost-to-damage inflicted” ratios.
Massive AI spending could trigger layoffs at Meta, Oracle, and Microsoft. Here’s why Big Tech may cut tens of thousands of jobs as the AI race accelerates.