In 2023, over 305,000 U.S. workers lost their jobs due to mass layoffs, impacting the tech industry and beyond. Scott Goodfriend, a Meta employee, chose to start his own business, Ultimate Food Tours, after being laid off. Other entrepreneurs like Alaa El Ghatit and Carlos Ugalde also found success with their side hustles, earning significant revenue after losing their jobs. While building a side hustle into a lucrative business can be challenging, taking a principles-first approach and leveraging a day job for financial security can lead to long-term success.
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Amazon and Alphabet Bet Big on AI. Why History Says It's Time to Buy Both Stocks
SummaryMicrosoft has scaled back some data center leases but plans to invest $80 billion in AI infrastructure this fiscal year, while Amazon and Alphabet are moving forward with significant expenditures, with Amazon earmarking $75 billion and Alphabet $100 billion for data centers. Amazon's CEO highlighted AI as a transformative force, and both companies are developing custom AI chips to enhance cost efficiency, especially as the focus shifts to inference. Analysts believe that these heavy investments...
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