April 28, 2026: The AI productivity promise is running into reality — and today's numbers don't lie. Amazon just launched an AI system that conducts job interviews without any human involvement, packaging up the same playbook it used to cut 30,000 of its own jobs and selling it to the world. OpenAI — the company behind ChatGPT and valued at $852 billion — is quietly missing its own revenue and user targets, raising internal questions about whether it can fund its infrastructure commitments ahead of a planned IPO. The Wall Street Journal reveals that tech giants are expected to spend $670 billion on AI in 2026, and they're funding it by eliminating people — 92,000 tech layoffs so far this year. And a senior Nvidia executive admitted on the record that for his team, AI tools cost more than his employees do.
