Has the AI jobs bloodbath finally arrived? Amazon and UPS have each just replaced 14,000 jobs with AI

**Amazon and UPS Job Cuts Amid AI Boom: What the Numbers Really Say**
*By Ross Clark | Spectator World | October 29, 2025*

There has been much wallowing over news that Amazon and UPS have each just cut 14,000 jobs. Some Amazon employees report being fired with all the heartlessness you might expect in a world dominated by technology: by automated email. Maybe it was even AI which handpicked them to be de-emphasized, to use that dreaded 1990s expression.

This, then, seems to be the future: where an elite of AI entrepreneurs grow rich while the rest of us slip into idleness and unemployment. So much for those who have been gleefully predicting the implosion of the AI boom.

Nvidia has just been revealed to be the world’s first $5 trillion company, with a market capitalization greater than the whole of Germany. There is just one thing wrong with this analysis — and not just because it is hazardous to treat Amazon as if it were the entire economy (even if it sometimes seems to be so).

If there are job losses in some areas, it doesn’t show up in the overall employment figures. The US Bureau of Labor Statistics recently reported that the number of payrolled positions was up another 22,000 in August. While job creation has been a little on the quiet side since April, employment is up 1.466 million over the past 12 months, following on from a few thumping years of job creation.

This is a remarkably dry bloodbath.

It has become received wisdom in recent years that AI is the industrial revolution of the white-collar classes. Where agricultural workers saw their jobs ravaged by the development of threshing machines, and later factory workers found themselves made redundant by more efficient machinery, now it is the turn of the professional classes. Lawyers, accountants, marketing people — all will be swept aside as AI romps through their professions.

Yet, take a look at the employment figures and they tell a more nuanced story.

“Professional and business services” show a fall, down 55,000 payrolled positions over the past year. Yet there has been a huge expansion in jobs in “private education and health services,” both industries slated for mass job losses thanks to AI, but which have grown by 862,000 jobs over the past 12 months.

If we are using AI to do our accounts, we do not—at least yet—seem to be using it to educate our children or to care for our dodgy knees.

The biggest source of job losses over the past 12 months has been in manufacturing, where 78,000 jobs have been lost — continuing a tale of the past few decades as rustbelt industries shed jobs. Whether or not AI is responsible for some of that, the figure certainly doesn’t say much for Donald Trump’s trade wars. Wasn’t that the whole point of the tariffs — to protect US manufacturing jobs?

If AI does go on to lead to a mass net destruction of jobs, it would be the first technology in history to do so. Similar claims have been made about all labor-saving technologies in history, from ploughs to power looms to robotics. Yet for every job they destroyed, they provoked the creation of more than one new job in some other industry. They freed up labor to be used elsewhere, enriching society in the process.

Why should we expect AI to be any different?

There is just one way in which AI is a bit different, though: it has a habit of consuming its own children. Among the jobs being lost at the moment is reportedly a large number of coding jobs, as AI begins to do the work of the very people who have been creating it.

Unless you are right at the forefront of the coding profession, you should be watching your back — or rather your phone — for an automated redundancy notice.

**Topics:** Business/Economy, Culture/Society, News/Current Events
**Keywords:** ai, jobs

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https://freerepublic.com/focus/f-news/4349542/posts

Sei Price: Token Breaks Descending Trendline as Momentum Builds

**Sei (SEI) Shows Signs of Recovery After Breaking Major Descending Trendline**

Sei (SEI) recently broke above a significant descending trendline, holding strong at the $0.20 support level after several weeks of decline. The token gained 4.4% in the past 24 hours and is currently trading at $0.2055, with a market capitalization of $1.27 billion, ranking it 99th globally.

Daily trading volume surged to $87.42 million, marking a 46.61% increase from the previous day. With an available supply of 6.24 billion tokens, SEI has posted a 5.63% increase over the past week, indicating renewed interest from traders.

**Technical Analysis Indicates Potential Bullish Momentum**

Technical indicators shared on social media highlight that SEI has successfully broken above the major descending trendline that had been pressuring the token. The cryptocurrency is consolidating above the $0.18 support zone, a key demand area in recent trading sessions. Analysts suggest that maintaining this support could pave the way for SEI to test higher resistance levels.

Initial resistance targets are set at $0.2106 and $0.2285, with potential extensions toward the $0.24 to $0.2503 range should buying pressure continue. The price chart reveals SEI forming higher lows following a steep decline earlier in October, a pattern often signaling a potential reversal from bearish to bullish sentiment.

**Technical Indicators Point Toward Recovery**

– The Relative Strength Index (RSI) currently stands at 39.33, recovering from oversold conditions. It has crossed above its moving average at 33.63, implying weakening bearish momentum, though it remains below the neutral 50 mark. A confirmed recovery would require RSI to climb above 50 alongside rising daily closes.

– The Moving Average Convergence Divergence (MACD) indicator shows the MACD line at -0.0224, approaching a crossover above the signal line. The MACD histogram has turned slightly positive at 0.0018, suggesting that momentum might be shifting in favor of buyers.

**Analyst Targets and Price Projections**

Crypto analyst Profit Demon identified a descending channel pattern on the three-day chart, a formation often leading to breakout phases. The analyst projects resistance targets at $0.27, $0.36, $0.52, and $0.74 should the bullish cycle continue, with momentum indicators hinting an accumulation phase may be underway.

Price predictions for 2025 vary widely depending on market conditions:

– **DigitalCoinPrice** forecasts the token could reach $0.45 by year-end, expecting stabilization between $0.40 and $0.45 in the medium term.

– **Changelly** offers a more conservative view, projecting a minimum price of $0.154, a maximum of $0.177, and an average of $0.199 during 2025.

Currently, SEI is consolidating between $0.19 and $0.20. Sustained trading above this range could open the path toward the $0.22 resistance level, while a breakdown below $0.19 may trigger renewed selling pressure.

Overall, Sei (SEI) is showing promising signs of recovery after a challenging period and could be poised for further gains if it maintains support levels and buying momentum continues. Traders and investors should monitor key technical indicators and resistance targets to gauge the token’s next moves.
https://coincentral.com/sei-price-token-breaks-descending-trendline-as-momentum-builds/

First U.S. Spot XRP ETF Surpasses $100M in Assets Under Management

The first U.S.-listed exchange-traded fund (ETF) offering spot exposure to XRP has surpassed $100 million in assets under management (AUM) just one month after its launch, according to issuer REX-Osprey.

The ETF, named the REX-Osprey XRP ETF (ticker: XRPR), has experienced rapid growth since its September debut. It provides investors with direct exposure to XRP, currently the fourth-largest cryptocurrency by market capitalization.

While the U.S. Securities and Exchange Commission (SEC) has delayed rulings on at least six other spot XRP ETF applications—partly due to a slowdown triggered by the federal government shutdown—XRPR has emerged as a de facto benchmark for gauging market interest in XRP within the United States.

Globally, the Hashed Nasdaq XRP ETF (ticker: XRPH11), recognized as the world’s first spot XRP ETF, has accumulated 282 million Brazilian reais (approximately $52 million) in total assets.

Institutional activity around XRP continues to accelerate. CME Group recently added XRP options to its product lineup, following strong demand for XRP futures. Since launching XRP and micro XRP futures in May, CME reported trading over 567,000 futures contracts, representing $26.9 billion in notional volume.

These developments highlight growing investor interest and institutional engagement with XRP across multiple markets.
https://www.coindesk.com/markets/2025/10/25/first-u-s-spot-xrp-etf-surpasses-usd100m-in-assets-under-management

Parasite.exe Codes [Upd 7] (October 2025)

In **Roblox Parasite.exe**, you can conduct your very own experiments where your creations come to life. You’ll make and release parasites, observing them grow and watching how they infect the test chambers with strange organisms. Each parasite behaves differently — some will evolve, while others might become uncontrollable.

## Use Codes to Spawn Dummies in Parasite.exe

To enhance your experiments, you can use codes to spawn dummies in Parasite.exe. Redeeming these codes allows you to begin testing on dummies with your parasites and other creations. Finding working codes on your own can be challenging, but don’t worry — we’ve already gathered all the current codes for you!

## All Codes for Parasite.exe

### Active Parasite.exe Codes (Working)
– **BOSS** — Redeem for 2 Free Spins (NEW)
– **FREEMEGA** — Redeem to Spawn a Free Mega Dummy
– **UPDATE6** — Redeem to Spawn a Free Exploding Dummy
– **FOLLOWMATTTHEDEV** — Redeem to Spawn a Free Clone Dummy

Looking for codes for other Roblox games? Check out our [Roblox Games Codes page](#) for more!

### Expired Parasite.exe Codes (Not Working)
There are currently no expired codes for Parasite.exe.

## How to Redeem Parasite.exe Codes

Redeeming codes in Parasite.exe is easy! Just follow these steps:

1. Press the **&#&*$** button located on the left side of the screen.
2. Enter a working code into the **“Type your code here.”** text box.
3. Click the green **Redeem** button.

If the code is active, you’ll receive your free rewards instantly. If the code doesn’t work, try the following:

– Close the game and reopen it to enter a new server (sometimes updates are required).
– Double-check the code for typos and capitalization.

If you find a code that no longer works, please let us know in the comments!

## How to Get More Parasite.exe Codes

Never miss out on new codes by following these tips:

– Bookmark this page (press **Ctrl + D**) and check back regularly for updates.
– Join **The Lab’s Experiment** Roblox Group.
– Join the **Parasite.exe Discord** community.

## Why Are Parasite.exe Codes Not Working?

If your code isn’t working, here are some common reasons and solutions:

– **Mistakes Happen:** Make sure you’ve typed the code exactly as it appears. Typos and missing characters are common errors.
– **Codes Expire:** Codes have an expiration date, so use them as soon as you find them.
– **Capitalization Matters:** Pay attention to uppercase and lowercase letters — codes are case-sensitive.
– **Server Glitches:** Sometimes new codes don’t work on certain servers immediately. Try logging out and back in or switching to another server.

If all else fails, the code may have expired. Feel free to leave a comment if you find expired codes so we can update the list!

## When Are New Parasite.exe Codes Released?

While the developers of The Lab’s Experiment haven’t announced a fixed schedule for new code releases, here are some common occasions when new codes often appear:

– **Game Updates:** Major updates or patches frequently come with new codes as a bonus.
– **Special Events:** Holidays, milestones, and other special events often trigger code releases.
– **Community Goals:** Developers sometimes reward players with codes when the game reaches milestones like a certain number of likes, favorites, or visits.
– **Apologies or Compensation:** Codes may be issued as compensation for unexpected server shutdowns or game-breaking bugs.

Keep an eye on the official game channels to stay informed about the latest codes and updates!

Start experimenting, redeem your codes, and watch your parasites take over the test chambers in Parasite.exe today!
https://tryhardguides.com/parasite-exe-codes/

Here’s How Much Cardano You Need to Hold to Make $1M If ADA Reaches $10

**Becoming a Millionaire Through Cardano: How Many ADA Tokens Do You Need?**

*Written By: Lele Jima | Follow TheCryptoBasic*

Becoming a millionaire in USD through crypto investments remains a major aspiration for many everyday investors, including Cardano holders. Despite the recent market downturn, many investors remain optimistic, hoping to make their first million through crypto assets like Cardano (ADA).

With this in mind, we’ve analyzed how many ADA tokens market participants would need to hold to earn $1 million if Cardano’s price hits $10.

### Cardano Drops Amid Major Sell-Off

The recent downturn has left many Cardano investors puzzled, as ADA’s price has shown extreme volatility. Earlier this month, ADA fluctuated between $0.89 and $0.33 within a single week.

Despite rebounding from the $0.33 low to $0.6403, ADA is still down 24% this year and 51.49% from the $1.32 it reached in December 2024. This downturn resulted from the intense selling pressure Cardano experienced during the October 10 market crash.

Popular market analyst Ali Martinez reported that whales—particularly large investors holding between 100 million to 1 billion ADA—collectively sold 350 million tokens in one week.

### $10 Price Prediction for Cardano

While Cardano’s pullback is worrisome, many consider it an opportunity to buy the tokens at discounted prices in anticipation of a potential rally to ambitious targets, like $10.

The $10 prediction is not new to Cardano enthusiasts; many experts have forecasted the token’s potential surge to that level. In July, community figure Dan Gambardello argued that the $10 price is a realistic target following his engagement with an AI model called Zero.

Stakepool operator Ssebi also predicted ADA could be on the verge of a rally toward $10, citing increasing institutional adoption and the emergence of Bitcoin DeFi on Cardano among five key catalysts.

Additionally, renowned crypto YouTuber ‘The Modern Investor’ suggested that Cardano could reach the $10 mark during a strong altcoin season.

### How Much ADA to Make $1 Million at $10?

For ADA to rally to $10, it would need to surge approximately 1,461% from its current price of $0.6403. Such a rise would lift its market capitalization to roughly $358.6 billion.

To make $1 million at that price level, investors would need to hold **100,000 ADA** tokens. At the current price of $0.6403, these 100,000 tokens can be purchased for roughly **$64,030**.

For context, those who bought the same amount on December 3, 2024, when ADA traded at $1.32, would have spent around **$132,000**. Nonetheless, holding 100,000 ADA would yield $1 million if the price ever hits $10.

### Final Thoughts

While analysts frame $10 as a realistic milestone, there is no guarantee that ADA will reach this level anytime soon. According to Changelly’s Cardano price prediction, the coin may reach $10 by December 2031.

**Disclaimer:** This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect TheCryptoBasic’s position. Readers are encouraged to perform thorough research before making any investment decisions. TheCryptoBasic is not responsible for any financial losses.

### About the Author

**Lele Jima** is a cryptocurrency enthusiast and journalist focused on educating people about how this nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

### Related Market Insights

– **Market Veteran Targets XRP Rally to $4.50**
Experienced analyst CasiTrades says XRP is heating up after a bullish breakout, targeting an all-time high at $4.50.

– **Cardano Falling Wedge Breakout**
A well-known crypto chartist suggests Cardano could break into a four-year peak above $2 after a falling wedge breakout.

– **Bitwise: Bitcoin Could Soar to $242,000**
Even a 5% capital rotation from gold to Bitcoin could more than double Bitcoin’s current price, says Bitwise.

– **New Bitcoin Whales Facing Nearly $7B in Losses**
On-chain data reveals new Bitcoin whales are currently experiencing the largest losses since October 2023.

– **Ethereum Closes in on Bitcoin Annual Performance**
Market data shows Ethereum has nearly matched Bitcoin’s annual gains following a strong third quarter.

– **Citibank Predicts Bitcoin $231K & Ethereum $7.5K**
Global bank Citibank releases fresh 12-month price targets for the world’s largest cryptocurrencies.

– **XRP Community Pundit’s Final 2025 Price Timeline**
XRP commentator Zach Rector shares his price prediction for XRP by December 2025.

– **XRP Price Potential Post Bitcoin ETF Inflows**
XRP price could soar if approved ETFs pull inflows similar to Bitcoin ETFs in 2025.

– **Shiba Inu Predicted to Rebound by 30%**
Analyst forecasts a strong rebound of Shiba Inu to retest a key daily exponential moving average (EMA).

– **Shiba Inu Adds a Zero to Its Price – What’s Next?**
Following a recent market shakeout, SHIB’s price dropped significantly, leaving investors concerned.

– **Dogecoin Poised for Parabolic Phase?**
Expert analyst Trader Tardigrade projects a Dogecoin rally targeting $1.50 this cycle amid current struggles.

– **Dogecoin Chart Pattern Signals Potential Rise to $0.29**
Trader Tardigrade identifies a bullish pattern that could lead to higher DOGE prices.

*Stay tuned with TheCryptoBasic for the latest updates and in-depth crypto analyses.*
https://thecryptobasic.com/2025/10/23/heres-how-much-cardano-you-need-to-hold-to-make-1m-if-ada-reaches-10/?utm_source=rss&utm_medium=rss&utm_campaign=heres-how-much-cardano-you-need-to-hold-to-make-1m-if-ada-reaches-10

Dogecoin (DOGE) Price: Climbs Following Elon Musk Comment and Thumzup Integration News

**Dogecoin Price Rises 3% Amid Market Recovery; Elon Musk Sparks Renewed Interest**

Dogecoin (DOGE) price increased by approximately 3% on Wednesday, trading near $0.20 following a recent recovery in the broader cryptocurrency market. The overall crypto market capitalization climbed nearly 2%, reaching $3.81 trillion.

During the 24-hour period, Dogecoin’s price touched a high of $0.208, rising from a low of $0.1956. However, trading volume for DOGE fell by 37%, reaching $3.19 billion.

**Elon Musk’s Comments Boost Trader Sentiment**

The price uptick followed comments from Tesla CEO Elon Musk on social media platform X. Musk responded to a post describing Bitcoin’s energy-based model as resistant to government manipulation. When the Dogecoin community account “Sir Doge of the Coin” noted that Dogecoin also operates on an energy-based system, Musk agreed, sparking renewed trader interest.

Musk has been a long-time supporter of Dogecoin since 2019, often referring to himself as the “DOGE FATHER” and calling Dogecoin “the people’s crypto.” His past endorsements, including a notable appearance on *Saturday Night Live* in 2021, have significantly influenced DOGE price movements.

**Thumzup Media Plans to Integrate Dogecoin Payments**

Digital advertising technology company Thumzup Media announced it will explore adding Dogecoin as a payment option within its rewards app. The company aims to use DOGE to pay users who share promotional content from advertisers, potentially reducing transaction costs and enabling faster cross-border payments.

Thumzup CEO Robert Steele stated, “Exploring Dogecoin integration is an important next step in our journey to create a scalable, low-friction rewards engine.” The rollout will be phased, pending technical testing and regulatory approvals.

As of September 30, Thumzup holds approximately 7.5 million DOGE in its treasury. The company also maintains a crypto portfolio including around 19 Bitcoin (BTC), and recently issued a $2.5 million loan to DogeHash to expand Dogecoin mining operations.

Since launching its crypto treasury in January with a $1 million Bitcoin investment, Thumzup’s board has authorized expansion into other cryptocurrencies such as Litecoin, Solana, Ripple, Ether, and USD Coin.

**Price Analysis and Market Outlook**

Despite the recent daily gains, Dogecoin remains down more than 20% over the past week and approximately 24% over the last 30 days, mirroring a broader market selloff.

Data from CoinGlass indicates that Dogecoin futures open interest increased by 1.5% to around $2 billion. The Relative Strength Index (RSI) stood at 43, suggesting that DOGE is nearing oversold territory.

Analyst Ali Martinez emphasized the importance of maintaining support at $0.16, stating that if this level holds, Dogecoin could potentially reach $0.48. Meanwhile, trader Tardigrade offered a more optimistic view, projecting a possible rally up to $0.90, contingent on maintaining the $0.20 support level.

**Market Reaction**

Following the announcement of integrating Dogecoin payments, Thumzup Media’s stock price declined by 5.3%, closing at $5 per share. At the time of the press release, Dogecoin was trading around $0.20.

*Stay tuned for further updates on Dogecoin and other cryptocurrency developments.*
https://coincentral.com/dogecoin-doge-price-climbs-following-elon-musk-comment-and-thumzup-integration-news/

Why India’s largest oil producer has lower mcap than Zomato

**Why India’s Largest Oil Producer Has a Lower Market Cap Than Zomato**
*By Dwaipayan Roy | Oct 12, 2025, 06:21 PM*

India’s biggest oil and gas producer, Oil and Natural Gas Corporation (ONGC), is currently perceived as undervalued by the market. Despite boasting a market capitalization of around ₹3.1 lakh crore, ONGC trails behind companies like food delivery giant Zomato in terms of market value.

### Understanding the Market Discrepancy

One of the main reasons for this disparity is that over one-third of ONGC’s market capitalization comes from its stakes in subsidiaries and minority investments, which the market has not fully factored in.

### Market Cap Growth Comparison

Looking back over the last 13 years, ONGC’s market capitalization has grown by only about 26%. This growth is modest compared to other major Indian companies. For example:

– **Reliance Industries**: Its valuation surged from ₹2.43 lakh crore in July 2012 to ₹18.7 lakh crore today.
– **Tata Consultancy Services (TCS)**: Grew from ₹2.42 lakh crore in 2012 to ₹10.95 lakh crore now.

### ONGC’s Diverse Portfolio

ONGC holds significant stakes in various subsidiaries and minority investments, including:

– **Mangalore Refinery and Petrochemicals Limited (MRPL)**: 71.63% stake valued at over ₹18,000 crore.
– **Hindustan Petroleum Corporation Ltd (HPCL)**: 54.9% stake worth approximately ₹52,770 crore.

Alongside these, ONGC also has minority stakes in:

– **Indian Oil Corporation**: 14.20% stake valued at around ₹31,000 crore.
– **GAIL (India) Ltd**: 5% stake worth about ₹5,900 crore.

The total value of ONGC’s stakes in subsidiaries and minority investments exceeds ₹1.07 lakh crore, which is more than a third of its current market capitalization.

### The Minister’s Take on PSU Valuations

Oil Minister Hardeep Singh Puri recently expressed concern about the undervaluation of state-owned oil public sector undertakings (PSUs). He highlighted a “perception bias” among investors that undervalues these profitable and economically significant entities.

The Minister underscored the robust performance of oil marketing companies, noting that Indian Oil, Bharat Petroleum, and Hindustan Petroleum together generated a combined profit of ₹2.5 lakh crore over the past six years.

### Conclusion

While ONGC remains India’s largest oil and gas producer with a strong asset base and profitable subsidiaries, the market continues to undervalue its true worth. This disparity underscores investor perception challenges faced by public sector enterprises compared to fast-growing private sector companies like Zomato.
https://www.newsbytesapp.com/news/business/ongc-s-market-cap-growth-lags-behind-peers/story

Why Qualcomm is facing an antitrust probe in China

**Why Qualcomm is Facing an Antitrust Probe in China**
*By Dwaipayan Roy | Oct 12, 2025, 06:21 PM*

**The Story**
China’s State Administration for Market Regulation (SAMR) has launched an antitrust investigation into US-based semiconductor giant Qualcomm. This probe follows Qualcomm’s admission that it failed to notify Chinese authorities about its acquisition of Israeli connected-vehicle technology provider Autotalks, a deal completed in June 2025. This occurred despite SAMR’s explicit order that the transaction required regulatory approval.

**Regulatory Oversight**
In March 2024, SAMR informed Qualcomm that its acquisition of Autotalks needed approval from the Chinese market regulator. However, later that same month, Qualcomm notified SAMR that it would not be taking any further action to seek the necessary approval.

Despite this, Qualcomm proceeded with the acquisition in June 2025 without informing Chinese authorities. This disregard for regulatory requirements triggered SAMR’s antitrust investigation into possible violations of China’s anti-monopoly law related to the transaction.

**Qualcomm’s Market Position in China**
Qualcomm plays a significant role in China’s smartphone market, supplying chips to major manufacturers such as Xiaomi, OPPO, Vivo, and OnePlus. The company’s market capitalization currently stands at approximately $165.72 billion.

Although the ongoing antitrust probe has led to a drop in Qualcomm’s share prices, the company remains a dominant player in the global semiconductor industry. Qualcomm maintains a diverse client base across various sectors, reinforcing its importance in the technology ecosystem.

*Stay tuned for more updates on this developing story.*
https://www.newsbytesapp.com/news/business/qualcomm-faces-antitrust-probe-in-china-over-israeli-firm-acquisition/story

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