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I was laid off from CrowdStrike and used AI to send 800 applications in a month to land my ideal role
Business Insider· 2026-01-24 11:10
Core Insights - The job market is experiencing significant challenges, particularly for those laid off due to automation and AI-driven changes in companies [2][12] - AI is being utilized in the job application process, both as a tool for job seekers and as a screening mechanism by employers, leading to a complex and often frustrating experience [12][13] Company Impact - Companies are increasingly automating workflows, resulting in layoffs and pushing employees back into a competitive job market [12] - The reliance on AI for screening applicants creates a barrier for job seekers, as they must navigate opaque criteria that may not favor them [12][13] Job Seeker Experience - The job search process has become tedious and draining, with many applicants feeling lost in the system, particularly when using platforms like LinkedIn [6][7] - AI-powered application platforms can assist job seekers by automating the application process, allowing them to focus on interview preparation and networking [9][10] - Despite the challenges, AI can provide significant advantages when used effectively, helping job seekers regain momentum in their job search [14]
'Sell America' has sparked a FOMO-fueled rush to gold and silver among everyday investors
Business Insider· 2026-01-24 10:15
Market Performance - Gold and silver were among the best-performing investments in 2025, with gold increasing by 73% and silver by 194% since the beginning of the year [5][10] - Retail investors poured a net average of $15 million into gold and $7 million into silver investments daily throughout the year [5] Investor Sentiment - Many investors expressed concerns about volatility in US markets, leading to increased interest in precious metals as a hedge against inflation and economic uncertainty [2][10] - The "Sell America" narrative contributed to a fear of missing out (FOMO) among investors, driving them towards gold and silver [15][16] Online Activity - Gold and silver saw significant online discussions, with the SPDR Gold Shares ETF being the third most talked-about investment on r/WallStreetBets [6] Retail Demand - Bullion Exchanges reported a doubling of clientele in 2025, with many first-time buyers lining up to purchase metals [11] - The CEO of Bullion Exchanges noted that the firm could have seen a 200% growth if not for limited capacity and metal shortages [12] Market Dynamics - The rally in gold and silver prices was influenced by both traditional investors and newer entrants driven by FOMO [15][16] - Concerns about a potential market correction are present, with estimates suggesting gold could drop by 9% and silver by 31% if the hype subsides [17]
Tesla plans to start training Optimus at its Austin factory
Business Insider· 2026-01-24 09:27
Core Insights - Tesla is advancing towards deploying its humanoid robot, Optimus, in its factories, with the Austin Gigafactory set as the next training site, aiming for a February start date [1] - The company has been training Optimus prototypes in its Fremont factory for over a year, using data collected from factory workers to teach the robot to perform tasks [2][3] - CEO Elon Musk anticipates that by the end of this year, Optimus will be capable of more complex tasks, with plans to sell humanoid robots to the public by the end of next year [4] Group 1: Training and Development - Tesla has been collecting video data to train Optimus, moving away from teleoperation methods, which allows for rapid data collection without motion capture constraints [6] - Optimus trainers are equipped with specialized helmets and backpacks to facilitate data collection, although the practicality of these setups is still being evaluated [7] - The company has deployed two autonomous Optimus robots in its factories, showcasing its capabilities in tasks such as arranging batteries [5] Group 2: Production and Future Plans - Tesla is also updating several production lines at its factories, indicating ongoing construction and development efforts [8] - The company has faced challenges with the Cybertruck line, leading to reduced production hours and a shift of workers to the Model Y line due to disappointing sales [9]
Goldman Sachs hands David Solomon a $47 million pay package for 2025, surpassing JPMorgan's Jamie Dimon
Business Insider· 2026-01-23 20:38
Goldman Sachs' David Solomon has restored the bank's swagger — and it just rewarded him with a $47 million pay package for 2025. That puts him ahead of his top competitor on Wall Street, JPMorgan CEO Jamie Dimon, whose firm announced this week it would pay him $43 million for last year's performance.Solomon's prior-year compensation was $39 million for 2024, meaning this year's pay is up 21%. Goldman announced Solomon's compensation in a regulatory filing on Friday, citing "continued and significant share ...
I landed a job at Snap after guessing the recruiter's email address. Here's my advice for other recent graduates looking for tech roles.
Business Insider· 2026-01-23 10:46
This as-told-to essay is based on a conversation with Sreeja Apparaju, a 24-year-old machine learning engineer at Snap living in New York. Business Insider has verified Apparaju's employment history with documentation. The following has been edited for length and clarity. When I decided to pivot from finance to tech in the fall of 2022, a couple of things were working against me.I was less than a year from graduating from the University of California, Berkeley, with a double major in computer science and e ...
What Trump could do next to open up the housing market, according to famed real estate investor Grant Cardone
Business Insider· 2026-01-23 10:30
Grant Cardone thinks the Trump administration is gearing up to do more to stimulate the US housing market. The longtime real estate investor says he's bullish on housing as the market enters a new year, even as home prices remain high and mortgage rates are elevated.Cardone told Business Insider that he recently spoke with administration insiders about what he thinks can still be done to open up the market to more Americans. President Trump has made affordability a primary focus in 2026 ahead of the midt ...
From potential Treasury Secretary to a $5 billion lawsuit: Trump and Jamie Dimon's on-again, off-again relationship
Business Insider· 2026-01-23 09:44
Jamie Dimon is known for saying what he thinks. At Davos, the JPMorgan CEO was uncharacteristically constrained when talking about Donald Trump and his policies, striking a cautious balance between criticism and praise. This is a familiar dance in a relationship that has swung between mutual respect and open hostility since Trump first took office in 2016. Dimon, who once described himself as "barely a Democrat," has publicly criticized some of Trump's economic and political policies, including on tariffs, ...
Elon Musk says subscription prices for Full Self-Driving mode are going up as Tesla kills Autopilot
Business Insider· 2026-01-23 05:43
Core Viewpoint - Tesla plans to increase subscription prices for its Full Self-Driving (FSD) software as its capabilities improve, potentially exceeding $100 per month [1] Group 1: Subscription Pricing - The current subscription price for supervised FSD is $99 per month, which will rise as the software's capabilities enhance [1] - The one-time purchase option for the FSD system, currently priced at $8,000, will be discontinued starting February 14 [2] Group 2: FSD Capabilities - The significant value increase for FSD will occur when the system can operate without supervision, allowing users to engage in other activities during the ride [1] - Tesla's FSD is designed as an advanced driver assistance system aimed at achieving full self-driving capabilities [1] Group 3: Autopilot Service - The announcement regarding FSD pricing was made in response to discussions about Tesla discontinuing its Autopilot service in the US, which includes various safety features [2]
Amazon expected to cut thousands more corporate jobs soon
Business Insider· 2026-01-23 01:51
Core Viewpoint - Amazon is planning to eliminate thousands of corporate jobs, with cuts expected to begin soon, marking the second wave of mass layoffs since October, totaling nearly 30,000 job cuts [1][2] Group 1: Layoff Details - The upcoming layoffs are expected to be similar in scale to the previous cuts, which involved approximately 14,000 jobs [1] - Total job cuts since October will reach almost 30,000 if the current round proceeds as planned [1] Group 2: Company Strategy - The layoffs reflect Amazon's ongoing efforts to streamline operations and reset its corporate culture [2] - Initially, the October job cuts were attributed to changes driven by AI, but CEO Andy Jassy later clarified that the layoffs were related to cultural fit rather than cost savings or AI [2] Group 3: Workforce Composition - Amazon employs over 1.5 million people globally, with the corporate workforce comprising about 350,000, which is a relatively small share of the total [2]
Tesla launches robotaxi rides without a human chaperone in Austin
Business Insider· 2026-01-22 19:51
Core Insights - Tesla has launched driverless robotaxi rides in Austin without human safety monitors, marking a significant advancement in its autonomous ride-hailing initiative [1][2] - The initial rollout includes a limited number of unsupervised vehicles, with plans to gradually increase their presence in the fleet [2] - This launch follows Tesla's previous driverless service that was restricted to a small group of users with human supervisors [3] Company Developments - The introduction of unsupervised robotaxis comes after a year of significant advancements for Tesla, including predictions from CEO Elon Musk about the launch of various AI technologies [4] - Following the announcement, Tesla's stock price increased from $438.77 to just under $450, indicating positive market reaction [4] - An earnings call is scheduled for next Wednesday, where updates on Tesla's self-driving programs will be discussed [4]