Meta AI Tools, OpenAI, Google Competition, $6 Billion Tech Spend

The artificial intelligence boom continues to reshape industries and spark debate, with Goldman Sachs CEO David Solomon predicting significant U.S. economic growth into 2026, fueled in part by tech spending. However, Solomon also warns that the current AI excitement could be a market bubble, anticipating a correction within two years as some capital investments may not yield returns. Despite these concerns, Solomon sees AI as a net job creator, enabling employees at firms like Goldman Sachs, which invests around $6 billion annually in technology, to focus on higher-value tasks and client relationships. Meanwhile, the demand for AI-related tech skills is surging, with online learning platforms reporting a fivefold increase in AI course enrollments, underscoring the need for continuous learning as skills become obsolete faster. Beyond economic impacts, AI is also raising environmental concerns, particularly regarding PFAS pollution from data centers, a growing issue amplified by the AI boom. On the product front, Meta's AI division is adopting faster external engineering tools like Vercel and GitHub to accelerate research and compete with rivals such as OpenAI and Google. The proliferation of AI is also creating new avenues for artistic expression, with a Mississippi artist signing a record deal for an AI singer named Xania Monet. However, the technology also presents challenges. Law enforcement, as highlighted by North Dakota's Attorney General, must prepare to combat AI-enabled crimes, including the creation of harassing images and false documents. Concerns about misuse have also surfaced at the University of San Francisco, where a man reportedly used Ray-Ban Meta smart glasses to record students, raising safety advisories. Furthermore, AI is being employed in political messaging, with former President Donald Trump utilizing AI-generated videos and images on Truth Social to mock opponents and promote his image.

Key Takeaways

• Goldman Sachs CEO David Solomon predicts U.S. economic growth into 2026 but warns of a potential AI market bubble and correction within two years.
• Solomon believes AI will create more jobs than it eliminates, citing Goldman Sachs' $6 billion annual tech investment to empower employees.
• The AI boom is driving a surge in demand for tech skills, with AI course enrollments on platforms like Udemy increasing fivefold.
• Environmental concerns are mounting over PFAS pollution from data centers, exacerbated by the growing demand from the AI boom.
• Meta's AI division is adopting external tools like Vercel and GitHub to speed up AI development and compete with OpenAI and Google.
• A Mississippi artist has secured a record deal for Xania Monet, an AI-generated singer, highlighting AI's use in the music industry.
• Law enforcement must prepare to combat AI-enabled crimes, such as the creation of harassing images and false documents, according to North Dakota's Attorney General.
• The University of San Francisco issued safety advisories after a man reportedly used Ray-Ban Meta smart glasses to record students.
• Former President Donald Trump is using AI-generated images and videos on Truth Social to mock rivals and enhance his image.
• New AI tools are emerging to boost productivity in areas like app development and video creation, simplifying complex tasks.

Goldman CEO: AI will create more jobs, not fewer

Goldman Sachs CEO David Solomon believes artificial intelligence will lead to job growth at the bank over the next decade. He explained that while AI can automate some tasks, it also allows employees to focus on client relationships and complex analysis. Solomon noted that the firm invests heavily in technology, around $6 billion this year, to empower its staff. He also mentioned that AI tools can significantly boost productivity, like improving a coder's output. Solomon anticipates a larger enterprise in the future, potentially leading to more job opportunities.

Goldman CEO sees AI as a market bubble like others before

Goldman Sachs CEO David Solomon believes the current excitement around artificial intelligence might be a market bubble. He stated that while AI is a significant technological shift with enormous potential, history shows that such booms often lead to both winners and losers. Solomon cautioned that a lot of invested capital may not deliver returns, similar to past market manias like the dot-com bubble. He advised investors to be disciplined and focus on fundamentals rather than just the hype.

Goldman CEO: AI bubble likely, correction expected

Goldman Sachs CEO David Solomon warned that a bubble in the AI market is likely and a correction could occur within two years. He noted that the current enthusiasm for AI is substantial, but predicting the exact timing of a market correction is difficult. Solomon compared the situation to past technological bubbles, emphasizing that while AI's long-term impact is enormous, not all investments will be successful. He believes a correction is inevitable but stressed the transformative potential of AI for the future.

Goldman CEO predicts US growth but warns of AI stock correction

Goldman Sachs CEO David Solomon forecasts U.S. economic growth into 2026, driven by stimulus and tech spending, but warns investors to prepare for a stock market correction. He noted that the AI boom has inflated valuations, drawing parallels to past market manias. Solomon expects clear winners and losers in the AI sector, with some capital investments not yielding returns. He also anticipates a revival in mergers and acquisitions, advising caution regarding tariffs and policy clarity.

Man with Meta glasses accused of recording students at USF

The University of San Francisco has alerted its community about a man reportedly using Ray-Ban Meta smart glasses to record students. The individual allegedly approaches women with unwanted comments and inappropriate questions, then posts the interactions online under the name 'pickuplines.pov.' The university has provided safety tips and resources for students. No violence has been reported, but authorities urge anyone with similar encounters to report them immediately.

USF warns students about man harassing them with Meta smart glasses

The University of San Francisco issued a safety advisory regarding a man wearing Ray-Ban Meta smart glasses who allegedly approached women with inappropriate advances. Reports suggest he may have been recording these encounters for social media accounts like TikTok under the name 'pickuplines.pov.' While no violence has been reported, the university advises students to stay aware, walk with others, and report suspicious activity. Resources are available for affected students.

Trump shares bizarre AI video depicting Project 2025 architect as Grim Reaper

Former President Donald Trump posted an AI-generated video on Truth Social featuring OMB Director Russ Vought as the Grim Reaper. The video, set to a parody of Blue Öyster Cult's 'Don't Fear the Reaper,' depicts Vought making cuts to the federal workforce. It also includes controversial imagery and references to the government shutdown. The video was reportedly produced by the Dilley Meme Team, known for pro-Trump content.

Trump uses AI media to attack rivals and promote image on Truth Social

President Donald Trump has increasingly used AI-generated images and videos on Truth Social to mock opponents and enhance his image. He has posted dozens of synthetic media pieces, many of which are shared across platforms like X, reaching millions of followers. These posts range from obviously fake images to potentially misleading videos, often commenting on current events like the government shutdown. Trump's campaign views this as an effective communication strategy.

US stocks rise on AI and healthcare gains

U.S. equity indexes saw an increase this week, boosted by the technology sector driven by the AI trade. Healthcare stocks also contributed to the gains, particularly following a deal involving Pfizer. The market experienced positive momentum, with tech and healthcare leading the upward trend.

Data centers' PFAS pollution raises environmental concerns amid AI boom

Public health advocates are raising concerns about PFAS 'forever chemical' pollution from data centers, especially with the growing demand driven by the AI boom. These facilities use chemicals, including potent greenhouse gases, that can lead to environmental contamination. Companies are not currently required to report their chemical usage or discharge, prompting calls for state legislation. Environmental groups fear the long-term impacts of this understudied issue on air and water quality.

7 new AI tools boost productivity in app development and video creation

A new wave of AI agents is transforming productivity across various fields, from presentation design to app development and video creation. Tools like Gamma AI Agent simplify presentations, while Imagen.ai enhances image editing. Lindy AI Agent makes app development accessible without coding, and Eleven Labs Platform advances voice AI for communication. The V AI Agent automates video editing, and HeyGen Video Agent generates professional videos from prompts. These tools empower users to focus on creativity while AI handles complex tasks.

Meta's AI division seeks faster tools, adopts Vercel and GitHub

Meta's Superintelligence Labs (MSL) is encouraging its teams to use faster external engineering tools like Vercel and GitHub instead of slower internal systems. Executives noted that Meta's existing infrastructure is not ideal for rapid AI development and experimentation. This shift aims to accelerate AI research and product development as Meta competes with rivals like OpenAI and Google. The company is also developing an internal platform called 'Nest' for faster prototyping.

North Dakota AG: AI crimes a priority for law enforcement

North Dakota Attorney General Drew Wrigley stated that law enforcement and prosecutors must prepare to combat crimes committed using artificial intelligence. He highlighted a case involving students using AI to create sexually harassing images and noted AI's use in creating false documents for extortion. Wrigley urged future criminal justice professionals to be ready to address the challenges posed by AI, emphasizing its potential for both good and bad.

AI boom fuels demand for tech skills in 2025

The AI boom is driving a significant increase in demand for tech skills, with online learning platforms like Udemy seeing a fivefold rise in AI-related course enrollments. Experts note that skills are becoming obsolete faster, requiring continuous learning. Companies are shifting budgets towards ongoing skill-building, especially in AI and generative AI. While AI offers personalized learning, experts caution against viewing it as a quick fix and stress the importance of critical thinking and responsible deployment.

Mississippi artist signs record deal for AI singer Xania Monet

Mississippi artist Telisha Jones has secured a multimillion-dollar record deal for Xania Monet, an AI-generated artist she created. Jones, a songwriter and producer, developed Monet over two years, aiming for the AI singer to be a voice for the voiceless. Monet's first single, 'Artificial Love,' addresses digital age relationships and is set for release next month. Jones believes AI can be a valuable tool in the music industry when used responsibly.

Sources

• Why Goldman's CEO thinks the bank will have more people in 10 years — not less
• Goldman Sachs’ David Solomon on whether AI is a bubble: Maybe, but ‘it’s not different’ from all the other market manias
• Goldman Sachs' CEO David Solomon admits AI is a bubble, but says he's 'not smart enough' to... - The Times of India
• Goldman Sachs CEO Forecasts US Growth to 2026, Warns of AI-Driven Stock Correction
• Man with Meta glasses accused of recording women at California university
• University of San Francisco warns of man in Meta glasses harassing students
• Trump Posts Bizarre AI Video of Project 2025 Architect as the Grim Reaper
• On Truth Social, Trump has embraced AI media to attack foes and boost his image
• US Equity Indexes Rise This Week as AI-Trade Lifts Tech, Healthcare Gains Following Pfizer Deal
• Advocates raise alarm over Pfas pollution from data centers amid AI boom
• 7 New Groundbreaking AI Tools from App Development to Video Creation
• Meta's new Superintelligence Labs executive is pushing staff to ditch slow internal systems for faster engineering tools
• North Dakota attorney general says AI a priority for next wave of criminal justice professionals
• AI Boom Drives Surge in Demand for Tech Skills in 2025
• Mississippi artist scores record deal with AI-created singer