Technologies

Hassett says AI isn’t costing anybody their job right now — but tech layoffs keep coming

Tech companies have continued to announce layoffs tied to AI, including recent cuts from Amazon, Meta and Oracle.

White House National Economic Council Director Kevin Hassett on Monday shrugged off any negative impact of artificial intelligence on employment, saying the emergent technology isn’t costing anyone their jobs right now.
“There’s no sign in the data that AI is costing anybody their job right now, but we are studying the future of AI and what it means for the workforce, so we’ve got a big taskforce on that,” Hassett told CNBC’s “Squawk Box.”
Hassett’s comments come amid a wave of tech layoffs, as companies like Amazon, Meta and Oracle have announced rounds of job cuts, with some emphasizing AI’s role in automating work and boosting productivity with lower headcounts.
Block announced that it would lay off nearly 4,000 employees in February, reducing the firm’s headcount by nearly half.
“We are choosing to shift how we operate at a time when our business is accelerating and we see an opportunity to move faster with smaller, highly talented teams using AI to automate more work,” wrote Block CFO Amrita Ahuja at the time of the announcement.
Atlassian, in March, cut 1,600 jobs to “self-fund further investment in AI and enterprise sales, while strengthening our financial profile,” CEO Mike Cannon-Brookes said in a blog post.
Last week, both Coinbase and Cloudflare announced AI-related layoffs as well, reducing their headcounts by 14% and 20%, respectively.
“Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated,” wrote Coinbase CEO Brian Armstrong in a May 5 announcement, expanding on crypto’s current market pressures and how AI is “changing how we work.”
Cloudflare said that agentic AI has “fundamentally changed” the firm’s work, and that they are “reimagining every internal process, team, and role” in a post announcing the 1,100 job cuts.
“We are our own most demanding customer. Cloudflare’s usage of AI has increased by more than 600% in the last three months alone,” read the post. “Employees across the company from engineering to HR to finance to marketing run thousands of AI agent sessions each day to get their work done.”
Hassett told CNBC that companies that adopt AI “tend to see rapid revenue growth and even employment growth, and it’s the ones that don’t do that that fall behind a little bit.”
The White House did not immediately respond to CNBC’s request for additional comment.

Technologies

Episode 2 of the VERUM Mini-Series is Now Out

The story continues. Verum Messenger has released the second episode of its AI mini-series, which follows the conflict between the powerful Omega corporation, aiming to control digital communications, and a team of heroes who have chosen a different path and free communication.

The mini-series not only develops an engaging storyline but also introduces viewers to the capabilities of the Verum ecosystem, showcasing technologies and tools that may redefine the future of modern communication.

The project consists of 7 episodes, released gradually across Verum Messenger’s social media channels.

Episode 2 is now available. Stay tuned and don’t miss what comes next.

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Technologies

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels.

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

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Technologies

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.

Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.

Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.

What Verum Finance Offers

• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly

One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.

The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.

Maximum Privacy + Real Freedom

• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide

Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.

Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.

Why Download Verum Today

While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.

With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.

This is more than just a messenger.

It is your personal tool for financial and digital freedom.

Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.

Download Links:

→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger