• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

TikTok Agrees to $400 Million Settlement over Child Privacy Violations

August 22, 2026

Homeland Security Sends First 20 Deportees to Liberia

August 22, 2026

Star of ‘The Five Heartbeats,’ ‘V’ Was 70

August 22, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, August 22
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    “You Are 1% of This Nation…This City Is No Longer Under American Law…Enough is Enough!” – Christian Pastor Absolutely EXPLODES on Dearborn City Council During Meeting (VIDEO)

    August 22, 2026

    Starbucks Headquarters in Seattle Lays Off Hundreds as They Prepare to Send Jobs to Nashville * The Gateway Pundit * by Mike LaChance

    August 22, 2026

    JD Vance Tears Into Minnesota Governor Tim Walz for Trying to Protect a Child Predator (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 22, 2026

    Trump Plans To Campaign For Months Before The Midterm

    August 22, 2026

    Elizabeth Warren Proves She Has No Idea How the Basic Concept of ‘Supply and Demand’ Works * The Gateway Pundit * by Mike LaChance

    August 22, 2026
  • Health

    Cannabis Use Disorder Is Rising— Public Health Needs To Catch Up

    August 21, 2026

    New clues emerge in direction of RFK Jr.’s vaccine policy changes

    August 21, 2026

    Ebola vaccine, Meta glasses, prostate cancer: Morning Rounds

    August 21, 2026

    What We Can Learn From Taiwan And Egypt About Ending Endemic Disease

    August 21, 2026

    Science, risks and data behind focal therapy for prostate cancer

    August 21, 2026
  • World

    Homeland Security Sends First 20 Deportees to Liberia

    August 22, 2026

    Court Cuts $50M Judgment Against Infowars’ Alex Jones Over Falsely Labeling Newtown Killings A Hoax

    August 22, 2026

    U.S. Academic Who Exposed Alleged Jason Arday Plagiarism Suspended

    August 22, 2026

    Hayden Panettiere’s Ex Releases Statement Following Her Death

    August 22, 2026

    Kim Jong-un’s Sister Mocks South Korea, Confirms Brother’s Relationship with Trump Is ‘Excellent’

    August 22, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

    August 22, 2026

    Bond market sends rates scrambling

    August 22, 2026

    Silver pushes higher on weaker dollar

    August 22, 2026

    Cryptos continue rally sparked by Treasury repurchase announcement

    August 22, 2026

    Earn 2% cash back or more on every purchase

    August 22, 2026
  • Tech

    TikTok Agrees to $400 Million Settlement over Child Privacy Violations

    August 22, 2026

    James Talarico Shuts Out Local News at Campaign Event

    August 22, 2026

    Darth Vader Shows Up at San Diego City Council Meeting to Mock Flock Cameras

    August 22, 2026

    ‘Grand Theft Auto 6’ Clips Point to Leakers Having Full Playable Build of Blockbuster Game

    August 21, 2026

    Meta Whistleblower Testifies Meta Took ‘Don’t Ask, Don’t Tell’ Approach to Child Safety

    August 21, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Mark Cuban has strong words on AI companies and job losses
Finance

Mark Cuban has strong words on AI companies and job losses

July 13, 2026No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Mark Cuban has strong words on AI companies and job losses
Share
Facebook Twitter LinkedIn Pinterest Email

Oracle’s annual filing cited AI adoption among the drivers of 21,000 job cuts in fiscal 2026. Snap cut 1,000 people and the CEO said rapid AI advances meant a smaller team could do the same work. At college graduation ceremonies this spring, speakers who brought up AI got booed.

By May, Challenger, Gray and Christmas found AI was the primary reason cited for nearly 40% of U.S. job cuts. In January it was 7%. Mark Cuban had been watching this play out and posted on X. It drew nearly 2 million views.

What Mark Cuban said AI companies owe workers and communities

The post, covered by Fortune within hours of going up, was blunt. Cuban said major AI companies have already lost the public relations battle. They keep talking about the technology and ignoring the people most threatened by it.

He told them what to do: go to the towns losing jobs and ask what they need.

“Billions of dollars is a lot of money across towns and city programs. Across the major LLMs, it’s a cost of doing business,” he wrote on X.

“One thing I have learned is being hated is not good for business,” he wrote, adding that big AI companies “all suck at putting people first.”

More Layoffs:

He told companies to skip the celebrities and stop buying politicians. Neither works, he said.

See also  REPORT: Al Gore's 'Green' Investment Firm Owns Shares in Companies That Pollute

Instead, go to working artists and creative unions in Los Angeles and New York, not the studios, and ask directly what financial and creative support would look like. Then actually do it.

“Given the number of data centers and power that is needed, today and going forward, if you don’t kiss the asses of the people that go to work every day, and are just trying to pay their bills, you will fall far far short of the capacity you need to make your business work,” he wrote.

Why Cuban says data center protests are really about something else

“It’s time for everyone to realize that the fight against data centers has nothing to do with data centers. They have become a proxy for the hate towards AI and the concentration and accumulation of wealth it’s creating,” Cuban wrote.

At least 75 data center projects worth roughly $130 billion were blocked or delayed in Q1 2026 alone, the worst quarter on record, according to Benzinga.

A Gallup survey from May found 71% of Americans oppose AI data centers near their communities. Nearly half strongly oppose them. Residents cited power use, water consumption, noise, and rising utility bills.

Residents aren’t fighting the buildings. They’re fighting what the buildings represent: AI wealth concentrating at the top while their jobs disappear.

At least 16 U.S. companies have announced layoffs citing AI redundancies in 2026Andrey/Getty Images

The AI job loss numbers Cuban is pointing to

At least 16 U.S. companies have announced layoffs citing AI redundancies in 2026, including Snap, Cisco, and Coinbase, as TheStreet reported. AI went from 7% of cited layoff reasons in January to 10% in February, 25% in March, 26% in April, and nearly 40% in May.

See also  'Muslim Daily' Propaganda on Mark Zuckerberg's Instagram Claims No 'Mass Shooting' at Israeli Rave

“AI is now the leading reason companies give for cutting jobs,” said Andy Challenger of Challenger, Gray and Christmas.

The same morning Cuban’s post went up, Nobel laureate Paul Krugman published a multipart Substack critique of the AI industry, concluding the backlash is not “normal skepticism about change.”

Cuban himself thinks AI will produce net job gains eventually. He just doesn’t think companies get to say that while doing nothing for workers losing jobs right now.

Why blocked data centers are becoming an AI industry business problem

Pew Research found 71% of Americans thought tech companies had a positive impact in 2015. By 2022 that had broadly reversed after years of social media controversies, privacy scandals, and frustration over concentrated wealth. AI is inheriting all of that.

Seventy-five blocked data center projects in a single quarter is a capacity problem, not just a narrative one. If communities keep saying no, the infrastructure buildout that underpins most AI growth projections slows down. The Q1 numbers show it’s already happening.

Cuban’s case is that community spending solves it. Companies that fund local programs and actually show up in the towns being disrupted face fewer permitting fights and cleaner expansion paths. The ones still spending on politicians and celebrities keep hitting the same wall, and the wall keeps getting bigger.

Related: Mark Cuban has strong words on minimum wage and employers

See also  This is How the Rich Avoid Taxes

This story was originally published by TheStreet on Jul 12, 2026, where it first appeared in the Employment section. Add TheStreet as a Preferred Source by clicking here.

companies Cuban Job Losses Mark strong Words
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

August 22, 2026

Bond market sends rates scrambling

August 22, 2026

Silver pushes higher on weaker dollar

August 22, 2026

Cryptos continue rally sparked by Treasury repurchase announcement

August 22, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Jon Stewart notes alarming fact about how Congress works behind closed doors: ‘Like an assisted-living facility’

March 27, 2023

Is Ingestible Hyaluronic Acid Effective? Experts Explain

March 20, 2024

“True colours coming out,” says Muhammad Mokaev after rival accepts fight against debutant

June 1, 2023

Republican gets Border Patrol chief to make admission that collapses Dem narrative about border security, GOP

February 13, 2023
Don't Miss

TikTok Agrees to $400 Million Settlement over Child Privacy Violations

Tech August 22, 2026

The DOJ announced Friday that TikTok and its parent company ByteDance will pay $400 million…

Homeland Security Sends First 20 Deportees to Liberia

August 22, 2026

Star of ‘The Five Heartbeats,’ ‘V’ Was 70

August 22, 2026

Court Cuts $50M Judgment Against Infowars’ Alex Jones Over Falsely Labeling Newtown Killings A Hoax

August 22, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,410)
  • Finance (4,690)
  • Health (2,775)
  • Lifestyle (1,921)
  • Politics (4,323)
  • Sports (5,124)
  • Tech (2,544)
  • Uncategorized (4)
  • World (6,542)
Our Picks

Macron Forever? French President Calls Term Limits ‘Disastrous Bullshit’

September 5, 2023

Thousands of Companies Are Monitoring Every Facebook User

January 21, 2024

Photos Show Hurricane Idalia Wreaking Havoc On Florida Communities

August 30, 2023
Popular Posts

TikTok Agrees to $400 Million Settlement over Child Privacy Violations

August 22, 2026

Homeland Security Sends First 20 Deportees to Liberia

August 22, 2026

Star of ‘The Five Heartbeats,’ ‘V’ Was 70

August 22, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.