BBT #09 Snippet | Meta Is Cutting 20% of Its Workers to Pay for AI — And the Stock Went UP

OpenAI is building a super app that merges ChatGPT, the Atlas browser, and Codex into one desktop tool — with autonomous agent features that can write code, browse the web, and work on your computer without you. Meta is reportedly cutting 20% of its workforce to fund $135 billion in AI spending. Their stock rose 3% on the rumor. And OpenAI's own CEO called the whole wave of tech layoffs "AI-washing."The same companies building AI are firing people because of it — or at least saying they are. Malcolm and Thomas break down what this means for your career.⏱️  Timestamps:00:00 — Meta's AI Plans, the Layoff Rumor & the Super App That Replaces You📊 Key stats from this episode:• OpenAI merging ChatGPT + Atlas browser + Codex into one autonomous desktop super app• Meta reportedly planning 20% workforce cut (~16,000 people) — then denied it• Meta stock ROSE 3% on the layoff rumor — Wall Street rewarded the idea of cutting humans• Meta AI spending: $135B in 2026, $600B on data centers by 2028• Sam Altman called tech layoffs "AI-washing" — cover for pandemic-era over-hiring• 56,000+ tech workers laid off in 2026 — AI cited in 12,000+ US job cuts• OpenAI valuation: $830B with 810M monthly users — IPO expected late 2026—📦 Black Box Theory breaks down tech, investing, and corporate culture for early-career professionals. New episodes every week.🎧 Listen everywhere:SpotifyApple PodcastsAmazon MusiciHeartRadioDeezer📲 Follow us:InstagramTikTokYouTube📩 Partnerships & Inquiries: [email protected]⚠️ Disclaimer: We are not financial advisors, tax professionals, or legal experts. All content is for educational and entertainment purposes only. Always do your own research and consult qualified professionals before making financial decisions.#BlackBoxTheory #careeradvice #techcareers #earlycareerprofessional #podcast #investing #financialliteracy #unwrittenrules