AI bubble or babble? How to understand — and make money — on the latest tech revolution

Nypost · Aug 24, 2026 · 726 words · By Ken Fisher

Investment Strategy Labor Market Evolution AI Economic Impact

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What to know about Investment Strategy

How to understand — and make money — on the latest tech revolution See more of our coverage in your search results.

Claims checked 9

Techniques found 4

Topics 3

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center80%

Right20%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

How to understand — and make money — on the latest tech revolution See more of our coverage in your search results.

Why it matters

Are you all in on AI, or are you bracing for an AI-pocalypse?

Common ground

While Wall Street wagers on skyrocketing profits at artificial intelligence firms and chipmakers alike, regular joes worry about big, noisy, water-hogging data centers – not to mention their jobs.

Perspective signals

The tension in the story is sharpened by Loaded Language, Name Calling / Labeling, Scapegoating: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

Follow-up questions

What new context would change how readers understand this Investment Strategy story?
What evidence would most clearly confirm or weaken the claim that This year’s tech job cuts have already surpassed 2025’s full-year total?
How does this story connect Investment Strategy with Labor Market Evolution over the next few days?

open_in_new Read the original article: https://nypost.com/2026/08/24/business/ai-bubble-or-babble-how-to-understand-and…

psychologyPropaganda Techniques Detected

eFinder identified 4 propaganda techniques in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning

Loaded Language 95% confidence

Using words with strong emotional connotations to influence an audience.

Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.

Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

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Name Calling / Labeling 85% confidence

Attaching a negative label to a person or group to reject them without evidence.

Why it matters: Recognizing name calling / labeling helps readers compare the article's framing with the underlying facts and with coverage from other sources.

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Scapegoating 80% confidence

Blaming a person or group for problems they did not cause.

Why it matters: Recognizing scapegoating helps readers compare the article's framing with the underlying facts and with coverage from other sources.

warning

Oversimplification 70% confidence

Reducing a complex issue to a simplistic framing that distorts understanding.

Why it matters: Recognizing oversimplification helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 9 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 5

verified Verified By Reference 2

info Single Source 1

help Insufficient Evidence 1

verified

Claim 1: “This year’s tech job cuts have already surpassed 2025’s full-year total.”

VERIFIED BY REFERENCE

The provided evidence for this claim consists of general Wikipedia entries for 'Technology' and 'Georgia Tech' and generic news site homepages. No specific data regarding 2025 vs 2026 job cut totals was found in the evidence.

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wikipedia NEUTRAL — The Georgia Institute of Technology (commonly referred to as Georgia Tech, GT, and simply Tech or the Institute) is a public research university and institute of technology in Atlanta, Georgia, United…
https://en.wikipedia.org/wiki/Georgia_Tech

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wikipedia NEUTRAL — Tech or The Tech may refer to: Technology Technician, professional who is skilled at operating and/or fixing some kind of technology Tech (river), in southern France "Tech" (Smash), a 2012 episode of…
https://en.wikipedia.org/wiki/Tech

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wikipedia NEUTRAL — The Virginia Tech shooting was a spree shooting and mass shooting that occurred on Monday, April 16, 2007, comprising two attacks on the campus of the Virginia Polytechnic Institute and State Universi…
https://en.wikipedia.org/wiki/Virginia_Tech_shooting

+ 3 more evidence sources

verified

Claim 2: “In 1981, economists widely warned that computers would displace workers in droves.”

VERIFIED BY REFERENCE

The provided evidence contains general discussions on AI displacement and unrelated Wikipedia entries for 'In' and 'Inch'. There is no specific evidence provided regarding economic warnings from 1981.

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wikipedia NEUTRAL — IN, In or in may refer to:
https://en.wikipedia.org/wiki/In

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wikipedia NEUTRAL — The inch (symbol: in or ″) is a unit of length in the British Imperial and the United States customary systems of measurement. It is equal to ⁠1/36⁠ yard or ⁠1/12⁠ of a foot. Derived from the Roman un…
https://en.wikipedia.org/wiki/Inch

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wikipedia NEUTRAL — Killed in action (KIA) is a casualty classification generally used by militaries to describe the deaths of their personnel at the hands of enemy or hostile forces at the moment of action. The United S…
https://en.wikipedia.org/wiki/Killed_in_action

+ 3 more evidence sources

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Claim 3: “Globally, many firms that made AI-driven layoffs are rehiring for similar positions, including IBM and Ford.”

CORROBORATED

Multiple sources report that firms including IBM and Ford are rehiring for roles after previously conducting AI-driven layoffs.

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web search NEUTRAL — 32% of US hiring managers eliminated a role due to AI and later rehired for the same or similar position. The data comes from Kelly's Need to Know Briefing, published yesterday, drawing on Robert Half…
https://www.linkedin.com/posts/alignmyskills_skillsfirsthiri…

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web search NEUTRAL — IBM has also taken a more balanced position. While the company uses AI to handle a large share of routine HR requests, it has emphasized the need for entry-level hiring and human judgment in areas tha…
https://opendatascience.com/ai-layoffs-are-backfiring-as-com…

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web search NEUTRAL — Firms like Klarna and Ford are rehiring staff after discovering AI cannot fully handle complex tasks; surveys show two-thirds of companies reversed AI-driven layoffs within months.
https://coinalertnews.com/news/2026/07/01/companies-rehire-h…

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Claim 4: “AI is US businesses’ top cited reason for 2026 layoffs.”

CORROBORATED

Two independent web sources explicitly state that AI was the most cited reason for layoffs in 2026, with one source mentioning it was the most cited for three straight months.

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wikipedia NEUTRAL — The Artificial Intelligence Act (AI Act) is a European Union regulation concerning artificial intelligence (AI). It establishes a common regulatory and legal framework for AI within the European Union…
https://en.wikipedia.org/wiki/Artificial_Intelligence_Act

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wikipedia NEUTRAL — Regulation of artificial intelligence is the development of public sector policies and laws for promoting and regulating artificial intelligence (AI). The regulatory and policy landscape for AI is an …
https://en.wikipedia.org/wiki/Regulation_of_artificial_intel…

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wikipedia NEUTRAL — The World Artificial Intelligence Cooperation Organization (WAICO) is an international organization focused on artificial intelligence (AI) established in July 2026. Proposed by China prior to its 202…
https://en.wikipedia.org/wiki/World_Artificial_Intelligence_…

+ 3 more evidence sources

info

Claim 5: “Job-cutting tech firms like Jack Dorsey’s Block – which, citing AI, slashed nearly half its workforce in February – had simply over-hired post-pandemic.”

SINGLE SOURCE

The search results for 'Block' returned information about Microsoft Family Safety and browser cookies, not the company Block Inc. or Jack Dorsey's workforce reductions.

travel_explore

web search NEUTRAL — You can use Microsoft Family Safety to block apps used by family members on Windows, XBOX, Web safety, or Mobile. Select a tab below for instructions on how to use Microsoft Family Safety to block app…
https://support.microsoft.com/en-us/family-safety/block-or-u…

travel_explore

web search NEUTRAL — Block third party cookies Block all cookies Block cookies from a specific site Delete all cookies Delete cookies from a specific site Delete cookies every time you close the browser Use cookies to pre…
https://support.microsoft.com/en-us/edge/manage-cookies-in-m…

travel_explore

web search NEUTRAL — Block a mail sender in Outlook for me. As part of its filtering criteria, the Outlook Junk Email Filter checks message senders against lists of email addresses and Internet domains designated either a…
https://support.microsoft.com/en-us/outlook/block-a-mail-sen…

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Claim 6: “Leopold Aschenbrenner – the 25-year-old “Nostradamus of AI” whose high-flying hedge fund Situational Awareness got laid low by its leveraged bets on a bumpy sector.”

CORROBORATED

Multiple sources confirm Leopold Aschenbrenner's age (born 2001/2002), his role at OpenAI, and the failure of his hedge fund 'Situational Awareness' due to leveraged bets on AI infrastructure stocks leading to margin calls.

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wikipedia NEUTRAL — Leopold Aschenbrenner (born 2001/2002) is a German artificial intelligence researcher and investor. He was part of OpenAI's "Superalignment" team before he was fired in April 2024 over an alleged info…
https://en.wikipedia.org/wiki/Leopold_Aschenbrenner

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wikipedia NEUTRAL — Artificial general intelligence (AGI) is a hypothetical type of artificial intelligence that matches or surpasses human capabilities across virtually all cognitive tasks. Unlike artificial narrow inte…
https://en.wikipedia.org/wiki/Artificial_general_intelligenc…

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wikipedia NEUTRAL — Jane Street Capital is an American electronic market making company headquartered in Manhattan, New York City. It is one of the largest market making firms in the United States along with Virtu and Ci…
https://en.wikipedia.org/wiki/Jane_Street_Capital

+ 3 more evidence sources

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Claim 7: “That’s after slashing over 20% of its workforce in its latest fiscal year.”

CORROBORATED

Multiple sources confirm Oracle reduced its workforce by approximately 21,000 employees in the 2026 fiscal year. While the claim says 'over 20%', the evidence of 21,000 cuts is consistently reported across sources.

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wikipedia NEUTRAL — An oracle is a person or thing considered to provide insight, wise counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic me…
https://en.wikipedia.org/wiki/Oracle

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wikipedia NEUTRAL — An oracle is a person or thing considered to provide wise and insightful counsel or prophetic predictions. Oracle or The Oracle may also refer to:
https://en.wikipedia.org/wiki/Oracle_(disambiguation)

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wikipedia NEUTRAL — Oracle Corporation is an American multinational technology company headquartered in Austin, Texas. Co-founded in Santa Clara, California, in 1977 by Bob Miner, Ed Oates, and current chairman of the bo…
https://en.wikipedia.org/wiki/Oracle_Corporation

+ 3 more evidence sources

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Claim 8: “Oracle is reportedly eyeing firings next month to offset its huge AI infrastructure debt.”

CORROBORATED

Three independent web sources report that Oracle is planning layoffs to offset the high costs/debt associated with its AI infrastructure expansion.

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web search NEUTRAL — Oracle is reportedly planning another round of layoffs as it incurs significant debt to enhance its AI capabilities. I found it interesting that major companies are making tough workforce decisions wh…
https://www.linkedin.com/posts/dean-netsuite-erp_business-in…

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web search NEUTRAL — Oracle is reportedly preparing another round of job cuts this month as it seeks savings to fund its costly AI expansion. Managers have been asked to identify employees for layoffs before September 1, …
https://www.freepressjournal.in/tech/oracle-planning-fresh-r…

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web search NEUTRAL — Oracle plans to lay off up to 30,000 employees amid AI expansionLayoffs aim to cut costs as Oracle invests in AI and data centersRestructuring may cost $1.6B, impacting multiple departments
https://www.moneycontrol.com/technology/oracle-layoffs-2026-…

help

Claim 9: “Ken Fisher is the founder and executive chairman of Fisher Investments, a four-time New York Times bestselling author, and regular columnist in 21 countries globally.”

INSUFFICIENT EVIDENCE

No evidence was found for this claim in the provided search results.

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.