AI Boom: Tech Jobs Spread Beyond Silicon Valley

0:00Tech giants are dropping jobs left and right, even as AI lights up the sector. Oracle just acts thousands of positions in its cloud push, block is cutting over 4,000 rolls, nearly half its staff, while Amazon and Metatrim. Redundancies too. In San Francisco, the Tech Hub, total employment dipped 3% since early 2023. But this ain't a downturn. It's a boom fueled by artificial intelligence. Tech payrolls among the magnificent 7 barely budge from 2022 to 2025. Across America, Australia, Britain, Canada, France, Japan and Norway, Tech jobs spiked pre-2022. Then flatlined after Chadg PT dropped in. November that year. Folks blame AI for making coders obsolete, but economists say, nah, not yet. A bank of England survey across four countries found AI's hit on jobs over three years was basically zero. History echoes this, back in the mid-2000s, tech hiring stole from .com Fallout, outsourcing

1:04to India and rising interest rates. Fast forward, similar bives now. Pandemic hiring sprees met inflation fighting rate hikes in 2022, slowing IT investments. US imports of cloud services doubled from 2021 to 2024 cheaper talent from Bangalore over Bay Area Bucks. Meanwhile, tech skills are hot outside Silicon Valley. Demand for software devs holds at 3.7% of US workers up slightly since Chadg PT. Retail added 12% more tech roles, real estate 75%, construction nearly double all snagging those nerds. Tech jobs ain't vanishing, they're infiltrating the whole economy. So ambitious coders, AI that Starbucks gig beyond brewing coffee. This has been Sidney News today, powered by AI.