In Other News: McDonald's Bet On China, Spy Dolphins, And AI Layoffs Vs. Stocks

By one estimate, more than 112,000 jobs in the US have been lost to AI since the start of 2025. MIT also released a study in November showing that AI can already do the job of 11.7% of the US labor market and save companies as much as $1.2% trillion in wages across finance, health care and other professional services. While companies have often framed these cuts as a way to boost efficiency and shift focus toward new technologies, investors themselves don't really seem convinced that these layoffs will impr ...