American retirement has gone digital. Baby boomers are now the first generation to retire on the internet, with smartphones replacing golf courses and travel itineraries. More than a dozen retirees spoke to Business Insider’s Noah Sheidlower about daily life spent navigating apps, algorithms, and AI tools. Meanwhile, Salesforce cut at least 86 jobs this week, affecting teams working on its Agentforce AI product and MuleSoft integration tool, amid fears that AI could displace traditional software roles.
In-Depth:
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Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. The latest installment in our “Great Coding Reset” series sees at the massive question hanging over companies’ massive AI spconcludeing: When will it pay off?
Retirement has gone digital
If Gen Z is the first generation to grow up on the internet, boomers are the first to retire on it.
Retirement no longer means golf and travel; for many older Americans, it means hanging out on their phones. Over a dozen retired screenagers notified BI’s Noah Sheidlower how they’re navigating the apps, algorithms, and AI agents.
We were promised sex robots
VC investment in robots has swelled as AI companions have boomed. Yet the market has remained curiously soft on sex robots, which essentially combine the two.
BI’s Henry Chandonnet spoke to robot purveyors, researchers, and fans to understand why sex robot demand has remained flaccid.
Marc Benioff’s company cut at least 86 roles this week, according to people familiar with the matter and a regulatory notice in California.
The cuts affected employees on its Agentforce AI product, its Mulesoft IT integration tool, and more.
The dynamic pricing experiment from hell
When five BI reporters tested to purchase the same pair of tickets to a Yankees game, they turned up six different results, with a range of $66 between the highest and lowest prices.
The ticket prices themselves never alterd, but the fees did, depconcludeing on the purchaseer and the device they were utilizing. BI’s Emily Stewart spoke to ticketing platforms, brokers, and academics about why there was so much price variation.
More of this week’s top reads:
- Exclusive: Amazon’s cloud marketing chief inquires employees to recruit laid-off Meta workers after the company’s own mass layoffs: “We obtained jobs.”
- What Scott Pelley’s standoff with Bari Weiss is really about.
- Exclusive: Inside David Solomon’s letter to Goldman interns: SpaceX, more M&A, and how to thrive in an “innovation supercycle.”
- There is no AI boom without these workers. Meta just proved it.
- I grew my income from $35,000 to $200,000 by job hopping and freelancing on the side. My goal is to build $1M a year.
- This week’s Anthropic-inspired AI freakout, explained.
Curated by Steve Russolillo and edited by Dan DeFrancesco, Grace Lett, and Amanda Yen.
This is a shorter version of our flagship newsletter, which brings you in-depth analysis and summaries of the top stories from Wall Street to Silicon Valley.
