Tech Apocalypse Now AI Blamed for Job Armageddon

• Coinbase announces layoffs citing AI and crypto downturn as primary drivers.
• Prediction markets foresee increased tech layoffs in 2026 compared to 2025.
• Major tech companies like Meta, Amazon, and Block have already executed significant layoffs due to AI.
• Overall employment in the information sector has dramatically declined since the post-pandemic peak.

Great Success Coinbase Feels the Sting

Jagshemash, my name is Borat, and I bring you news from the glorious US and A. Not good news, I must say. Coinbase, the company that deals with digital money – you know, like magic beans but on computer – has announced big problem. They are firing many peoples, 14 percent of workforce. Is like firing entire village in Kazakhstan. Why they do this, you ask? They say two things are to blame: First, the AI. Second, the crypto prices go down like my neighbor's goat after he drink too much fermented horse milk.

AI: Friend or Foe, or Just Very Naughty?

Coinbase blames the artificial intelligence, or AI, for changing how they do business. They say it makes things different and some peoples not needed anymore. Other companies also say the same. Block, the company that makes Square, fired almost half their workers because of AI. Meta, the company that owns Facebook and Instagram, also cut many peoples. Is like machine uprising, but instead of shooting lasers, they are stealing jobs. Many experts ask Wall Street's Geopolitical Gamble Are Investors Underestimating Global Conflicts? I also ask, is this good for Kazakhstan?

Prediction Markets Say Tech Job Market Very Bad

Now, here is where things get interesting. There are these places called "prediction markets". Peoples bet money on what will happen in future. These markets, like Kalshi and Polymarket, say there is big chance of more tech layoffs in 2026 than in 2025. Kalshi says 92 percent chance. Polymarket says 87 percent. Is like betting on horse race, but instead of horses, you bet on peoples losing jobs. Very sad.

Information Sector: Shrinking Like My Swimsuit After Washing

The information sector – all the peoples who work with computers and internets – is getting smaller. After the pandemic, many peoples were employed. But now, many are jobless. The Bureau of Labor Statistics says many layoffs already happened. Is like the Great Depression, but with more computers and less breadlines. Very bad for economy.

Is This the End of the Tech Boom, or Just a Speed Bump?

So, what does this all mean? Is the tech boom over? Are the robots taking over? Maybe. Maybe not. But one thing is clear: the world is changing. AI is here to stay, and it will change how we work. We must learn to adapt, or we will end up like my neighbor's goat – unemployed and smelling of fermented horse milk. Very important.

Chenqui Coinbase, But Remember Respect

Chenqui Coinbase for providing this information. But remember, peoples losing jobs is not joke. Is serious problem. We must all learn to respect each other, even when the robots are trying to take our jobs. And remember my wisdom: "Very nice" can turn into "Very sad" very quickly. Protect your family, learn to code, and maybe invest in goat farm. Is good investment.