Power To The Employers

PRESENTED BY GEMINI

Happy Monday, party people. This newsletter wasn’t written by AI, but it’s only going to get harder to distinguish human writing from ChatGPT because generative AI is changing the way we naturally talk. Maybe it’s time to bring pig Latin back…

These days, it’s an employers’ world, and workers are just living in it.

The Big Picture: During the post-pandemic “Great Resignation” from 2021 to 2023, employees had the upper hand and used it to negotiate for pay raises, benefits, and remote-work options. That era is over — and employers are gaining back all the ground they lost.

Between the Lines: Jobs are scarcer, lower-paying, more stagnant, and less flexible than they were just years ago.

Conclusion: Economic uncertainty has shaken the entire job market, but workers aren’t losing ground equally across all sectors. White-collar and tech jobs have been hit especially hard, while healthcare employees have fared better than most due to the high demand for their labor.

Prediction: Like much of the economy, this power dynamic is cyclical and will eventually tilt back to employees. But before that happens, expect unemployment to rise — and not for the upper class.

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We might not want to rely on AI for the heavy lifting of innovation.

The Big Picture: While enthusiasts predict that AI will vastly accelerate the pace of scientific progress, some experts are skeptical of that claim. They allege that while AI is highly efficient, it’s not original and can, therefore, only help a human come to their own conclusions, like a “digital yes-man.”

Between the Lines: Thomas Wolf, the co-founder of Hugging Face, explained his reservations at VivaTech in Paris.

Conclusion: This isn’t to say that AI can’t be helpful to scientists. There are many problems, especially in physics, that require brute-force computation to solve or verify, and AI is well-suited to those purposes. But the spark of genius — that’s still up to us.

Prediction: Don’t expect physics labs to cut most of their human staff. Instead, look out for a more symbiotic relationship between AI and humans than what exists in most industries.

BOXABL believes they have the potential to disrupt a massive and outdated trillion-dollar building construction market by bringing assembly-line automation to the home industry.

BOXABL homes are built in their Las Vegas factory, folded, shipped on a truck, and then unfolded onsite in one hour. They aim to transform home construction, much like Henry Ford automated car manufacturing — bringing assembly-line efficiency and mass production to an artisanal, slow industry.

And they’re not just dreaming big. They’re delivering big, too.

BOXABL has already raised over $200 million from 50,000+ investors since 2020 and has recently achieved a significant milestone: raising over 50% of their Reg A+ funding limit.

Like other game-changing companies, you now have the chance to invest in BOXABL’s offering at just $0.80 per share.

But act fast — all BOXABL crowdfunding closes June 24th, including both accredited and non-accredited offerings.

This is your LAST CHANCE to invest in the current funding round and claim your bonus shares.

Invest today before it’s too late on June 24th.

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50.8% of you voted Yes in Friday’s poll: Have the current tariffs noticeably affected your spending or purchases?

“I buy less stuff from SHEIN now because of the tariffs... maybe that’s a good thing.”

“We rushed to purchase a few big-ticket items before the new administration came in.”

“I pay more attention when I’m buying clothes or something like that, but we aren’t big spenders anyway. As a new couple, we do yard sales and antique stores because of our eclectic style and trying to reduce consumption. That’s a huge part of what I think that people should be doing. Reusing/repurposing and searching for other brands made in the US to support our economy. I actually like the tariffs and what they are meant to do 😅.”

“Not yet, but only the downright blind can’t see it coming.”

Let’s keep the conversation going. Join our Poll Of The Day newsletter, so your opinions can shine. Discover how your views line up with your peers’, check out cool insights, and have some fun. It’s data with personality.

🎧 Bose paused their service for Google’s paid search ads on the grounds that they might not help very much.

🧥 Vogue breaks down what to wear when it’s sweltering outside and frigid in the workplace.

🛍️ As LVMH’s financials perform worse than ever before, some call for Bernard Arnault to step down.

🔋 Tesla agrees to build China’s largest ever grid-scale battery power plant.

🔍 Google’s AI-powered search differs from its base service thanks to “query fan-out.” 

💳 Code in X’s app suggests that a physical debit card is in the works for X Money.

✝️ The Schnackys prove that Christianity and influencers can literally be a match made in heaven.

🎩 Dr. Seuss Enterprises makes a hard pivot to YouTube in order to remain relevant and profitable.

🎥 Mainstream Hollywood’s slump has enabled the industry’s Fringe Festival to flourish.