Oracle has started a new round of layoffs amid AI investment debt concerns.

Investors reacted to warnings from leading AI figures that rapid frontier development could cause serious economic harm. The concerns weighed on technology shares, chipmakers and AI infrastructure stocks ahead of Monday’s opening.

Thomas Heep, a Denver resident in his 60s, faces unemployment, early Social Security, age discrimination, and bankruptcy after a layoff, illustrating the harsh realities of late‑career job loss.

Cody Kuebler began by cutting his neighbors’ grass for about $25 a lawn. Now, at 25 years old, he oversees a $4.5 million landscaping business.

Schonfeld’s macro unit maintains steady growth even as early-career portfolio managers leave the organization, highlighting the importance of structural advantages over personnel stability in sustaining returns.

As public discourse around AI risks reaches fever pitch, experts warn of existential dangers—but argue that open debate may be our best defense against catastrophe.