Lightnews — Scholar-powered news

Roger Alan Blackwell @rogera.bsky.social · 46m

Gen Z faces ‘job-pocalypse’ as global firms prioritise AI over new hires, report says
www.theguardian.com/money/2025/o...
> This will REDUCE their rate of profit but they think that AI is 'magic' - idiots! - RAB

Gen Z faces ‘job-pocalypse’ as global firms prioritise AI over new hires, report says

British Standards Institution study across seven countries found quarter of bosses believe entry-level tasks could be automated to reduce costs

www.theguardian.com

Roger Alan Blackwell @rogera.bsky.social · 1h

'Smashing capitalism with socialist revolutions is the only way forward!'
wrp.org.uk/contact/

Contact Us - Workers Revolutionary Party

wrp.org.uk

1

Roger Alan Blackwell @rogera.bsky.social · 1h

'The only resolution to this crisis, is for the working class to force its trade union leaders to organise the strength of the working class in a general strike to bring down the Starmer government & bring in a workers government and a socialist planned economy.'

1 1

Roger Alan Blackwell @rogera.bsky.social · 1h

'While the Bank of England, IMF and economists have issued warnings about a catastrophic crash, the trade union leadership have not uttered a word of warning to workers or made any preparations for the crash.'

1 2

Roger Alan Blackwell @rogera.bsky.social · 1h

'The powerful working class will never allow itself to be driven back to the days of the Great Depression of the 1930s.'

1 1

Roger Alan Blackwell @rogera.bsky.social · 1h

'As boom turns overnight into bust, the capitalist class is determined that while it shelters in its mansions and island paradises the working class will pay the price for capitalism’s collapse.'

Roger Alan Blackwell @rogera.bsky.social · 1h

'In the UK, the Starmer government has also been claiming that the future salvation of British capitalism is in the hands of AI and US tech giants whose value is based on promises of profits some time in the future.'

2 3

Roger Alan Blackwell @rogera.bsky.social · 1h

'American capitalism has been banking on AI sustaining the soaring stock market, while the US economy is drowning under massive national debt and crippled by inflation.'

Roger Alan Blackwell @rogera.bsky.social · 1h

'This promise was dealt a terminal blow in August when the Massachusetts Institute of Technology published research showing that 95% of organisations that invested in generative AI were getting zero returns from this investment.'

Roger Alan Blackwell @rogera.bsky.social · 1h

'The key promise of the AI companies to justify their huge share prices, encourage investors to jump on board and the massive outlay in infrastructure required for AI, was that if companies bought their products they could improve productivity and slash jobs at the same time.'

1

Roger Alan Blackwell @rogera.bsky.social · 1h

'These seven account for about 37% of the stock valuation on Wall Street.

Since the AI investment frenzy emerged three years ago, shares in Nvidia, which makes computer chips, increased by 1,350%!'

Roger Alan Blackwell @rogera.bsky.social · 1h

'Behind these fears, is the fact that the massive rise in the stocks listed on Wall Street has been driven not by any increase in US industries but almost entirely driven by frenzied investment in the Seven tech companies Google, Amazon, Apple, Meta, Microsoft, Nvidia & Tesla.'

1

Roger Alan Blackwell @rogera.bsky.social · 1h

'It is these parasites who will be hiding behind armed guards on remote islands when the working class erupts in revolution against being made to pay the cost of recession and economic collapse.'

Roger Alan Blackwell @rogera.bsky.social · 1h

'.... the economic crash of the capitalist economy Dimon went on to say that governments were ‘taking their eye off the ball’ when it comes to security, adding: ‘People talk about stockpiling things like crypto, I always say we should be stockpiling bullets, guns and bombs.’

Roger Alan Blackwell @rogera.bsky.social · 1h

'IMF head Kristalina Georgieva, echoed the Bank’s warnings while Jamie Dimon, the boss of JP Morgan (the US’s biggest bank) told the BBC that he was ‘far more worried than others’ about the risk of a crash which, he suggested, could happen within the next six months.'

1 1 1

Roger Alan Blackwell @rogera.bsky.social · 1h

‘As an open economy with a global financial centre, the risk of spillovers to the UK financial system from such global shocks is material.’

1 1

Roger Alan Blackwell @rogera.bsky.social · 1h

'Although AI focused tech stocks are concentrated in US markets the FPC warned that the UK, along with every country in the world, was at risk from the AI bubble bursting and crashing the US stock market.....'

Roger Alan Blackwell @rogera.bsky.social · 1h

‘On a number of measures, equity market valuations appear stretched, particularly for technology companies focused on artificial intelligence,.....this ‘leaves equity markets particularly exposed should expectations around the impact of AI become less optimistic.’

Roger Alan Blackwell @rogera.bsky.social · 1h

'The massive Artificial Intelligence (AI) bubble is on the verge of collapsing the world stock markets, as the share price of AI companies have reached stratospheric levels, completely disconnected from the actual profits these companies are producing.'

1 1

Roger Alan Blackwell @rogera.bsky.social · 1h

'THE Bank of England on Wednesday warned of a growing risk of a ‘sudden correction’ in the world stock markets.'

1 1

Roger Alan Blackwell @rogera.bsky.social · 1h

Bank of England warns that the AI stock market bubble is on verge of collapse!
wrp.org.uk/editorials/b...

Bank of England warns that the AI stock market bubble is on verge of collapse! - Workers Revolutionary Party

THE Bank of England on Wednesday warned of a growing risk of a ‘sudden correction’ in the world stock markets. The massive Artificial Intelligence (AI) bubble is on the verge of collapsing the world s...

wrp.org.uk

Reposted by Roger Alan Blackwell

Raimo Kangasniemi @rk70534.bsky.social · 17h

"The #Gaza Civil Defense announced on Tuesday that its rescue teams have recovered the bodies of 53,712 victims... Ambulance crews have transported 23,952 of the martyrs, while rescue teams have extracted 125,752 wounded, with ambulances transporting 40,240..."

english.palinfo.com/news/2025/10...

Civil Defense: Over 53,000 victims recovered since start of Gaza genocide

The Gaza Civil Defense announced on Tuesday that its rescue teams have recovered the bodies of 53,712 victims since the beginning of the Israeli war on Gaza. Ambulance crews have transported 23,952 of...

english.palinfo.com

1 10 6

Reposted by Roger Alan Blackwell

Collateral Damage @coldamage.bsky.social · 16h

Why would Zios announce that they're buying media outlets and social media apps and tell us to our faces that they're doing it to shift the narrative? I think it's to intimidate us into surrendering the fight for a #FreePalestine, and I can't see how they can win.

#GazaHolocaust

1

Reposted by Roger Alan Blackwell

Collateral Damage @coldamage.bsky.social · 16h

Major Zionist-led tech companies like Google will undoubtedly try all they can to wipe the internet clean of evidence of the #GazaHolocaust. If you can download and safekeep the entire archive, please do. The more people download it, the better.

Share widely. #FreePalestine

watermeloncrimes.com

Gaza Genocide Archive – 2023 to 2025

Verified war crimes footage from Gaza. Preserved before censorship. Submitted to the ICC and legal teams.

watermeloncrimes.com

5 4

Roger Alan Blackwell @rogera.bsky.social · 20h

No US-UK colonisation of Gaza! Workers Revolutionary Party & Young Socialists calls on all readers to support: Meet 11am Cleopatra's Needle. Assemble 12 noon Victoria Embankment, London. Saturday October 11.

1