This is bad news for workers: big companies are cutting jobs and using AI to do the replacing, while pushing a story that everything is fine.

• Oracle cut 21,000 jobs in a year, part of a wave of AI layoffs across tech.
• US manufacturing jobs are falling at their fastest rate since the pandemic, so the "go work in factories" pitch is hollow.
• Amazon now runs over a million warehouse robots and is automating more; the promise is that trained workers can "4x" their pay, but the real math is firing ten people and keeping one.
• The catch: if too many people lose jobs, there's no one left to buy the products, and the system breaks down.
• Only data-center construction and defense (drones, munitions after the Iran strikes) are hiring, and data-center work is short-term.

Outlook: Expect more AI-driven layoffs and a widening gap between the upbeat official story and a job market that keeps thinning out.