Author: Editor

Michael Burry says the seemingly unassailable positivity around AI reminds him of the dot-com and housing bubbles — and warns the mania could have far more devastating consequences than Enron’s collapse.A subscriber to Burry’s Substack told him in a chat thread this week that it felt like “we are witnessing a massive coordinated effort to prop up the narrative.”Burry replied: “That is how it felt in May of 2007 when the Fed Chair was saying there would be no contagion or a couple years earlier when he said there is no such thing as a housing bubble.””Or in 1Q2000 when…

Read More

It used to be that if you’re the type of person who always has a job, you’re the type of person who can always find a job.But a new analysis of job-finding rates complicates that picture. The study from the Federal Reserve Bank of Richmond examines three types of workers and how they’ve fared in their job search.”Primary workers,” who make up about 55% of the US labor pool, are “almost always employed,” per the analysis. They have steady work histories and usually only show up in unemployment statistics when something has gone wrong.Historically, primary workers had the best odds…

Read More

Ask a tech worker about their biggest career regret, and they might have a hard time picking just one.In a fast-changing, highly competitive industry, it’s easy to second-guess career decisions — and wonder whether another path might have been the better one.In interviews with Business Insider, tech professionals from companies including Amazon, Google, and Meta reflected on the career decisions they wish they’d handled differently. Some regretted not leaning into AI sooner, while others mentioned turning down a job offer, staying too long at one company, or waiting too long to build a professional reputation in the broader tech industry.Here’s…

Read More

No one wants to hear from a colleague that they monopolized a meeting or failed to get their point across — and few colleagues want to be the one to share that with their boss.While thoughtful feedback can be valuable, it’s not always welcome when it’s unsolicited. Nowadays, Coinbase CTO Rob Witoff is getting that kind of candid advice regularly from a source he doesn’t have to worry about awkward workplace dynamics with: an AI agent.”That’s the kind of feedback I’m getting every single day now,” Witoff told Business Insider.The company recently rolled out a beta version of “Coinbase Coach,”…

Read More

Peter Lauwers used to swing by McDonald’s to buy dinner for his family on busy weeknights.A few years ago, though, the Michigan-based father, who runs a mobile app development company, noticed rising prices for Big Macs and Quarter Pounders. The chain also offered fewer deals he liked, such as McDonald’s former buy one, get one for $1 deal on burgers. He even started keeping a spreadsheet to track price changes at his local McDonald’s.These days, Lauwers said, he and his family don’t go as often.”It’s got to be a special thing,” Lauwers said, adding that his family’s McDonald’s visits are…

Read More

This as-told-to essay is based on a conversation with Roland Busch, the 61-year-old CEO of Siemens AG, based in Munich, about his daily routine. It’s been edited for length and clarity.I became the president and CEO of Siemens AG in February 2021. I’ve spent 32 years at the company, rising from my first role as a project head in corporate research and development to the top job.I lead a global technology company that combines the physical and digital worlds, with businesses spanning industrial automation, smart infrastructure, mobility, and healthcare. Our team includes over 300,000 people worldwide. Business Insider’s Power Hours…

Read More

Walton County Sheriff’s Office Sgt. Oscar D’Lassalas, 40, an officer certified to enforce federal immigration law, stands on the road to the jail where undocumented people are held for federal Immigration and Customs Enforcement agents to pick up. The sheriff’s office in this Florida Panhandle city has partnered with ICE. Nicky Quamina-Woo for NPR hide caption toggle caption Nicky Quamina-Woo for NPR Oscar D’Lassalas’ pride is obvious when he speaks of his family. “I got four boys and a girl living with me. The baby’s going to be 3 in December. She runs the house,” he says with a laugh.…

Read More

FILE – People take photos near a John Harvard statue, left, on the Harvard University campus, Jan. 2, 2024, in Cambridge, Mass. Steven Senne/AP hide caption toggle caption Steven Senne/AP WASHINGTON — A federal judge in Boston on Thursday dismissed a Trump administration lawsuit that accused Harvard University of turning a blind eye to harassment of Jewish students. The decision from U.S. District Judge Richard G. Stearns said that President Donald Trump’s administration failed to prove an ongoing violation of federal civil rights laws. The judge said the lawsuit, filed in March, mostly focuses on incidents that took place in…

Read More

Renting a New York City apartment isn’t for the weak.The median Manhattan rental price for a market-rate apartment soared to $5,000 in July — up 3% from June and 6% from July 2025 — an August 13 report from The Real Deal and appraisal firm Samuel Miller found. The record-high rent comes alongside a staggering drop in public market listings. Apartment inventory in the borough has dropped by roughly 4,000 units, or 39% year-over-year, as homes are spending far fewer days on the market and people are signing leases with fewer discounts off the asking price. Last summer, rentals spent…

Read More

Being a content creator in the age of AI means navigating a minefield of reputational risks.Using or simply talking about AI in the wrong way can spark internet backlash, never mind doing a promotional post for an AI company.Artificial intelligence is highly polarizing, and the backlash against the tech has been ramping up recently. Many factors have contributed to the negative vibes, from unpopular data centers to fears about job displacement and AI-induced price hikes on tech products like video game consoles.In the particular case of video platforms, AI slop has flooded social feeds with low-quality videos and misinformation, irking…

Read More