What AI Doesn’t Do

News on artificial intelligence (AI) is overwhelming…and conflicting. There is the jobs issue. American employers announced 97,006 job cuts in May, up 16% from April’s reported 83,387. The technology sector alone reported 38,242 job cuts in May – its highest monthly total since August 2024 – with AI cited as the leading reason (see Challenger Report: May Job Cuts Rise 16% From April; Highest May Total Since 2020).

There are concerns about the stock market. “The Magnificent Seven” – Amazon, Alphabet (Google), Nvidia, Meta (Facebook), Microsoft, Apple and Tesla – now hold most of the equity in the AI . . .