However, Tencent apparently succeeded where Zuckerberg has failed: the Chinese tech giant has recently hired Yao Shunyu, a former OpenAI researcher, as its chief AI scientist. He reports directly to its president, Martin Lau, and also heads the company’s AI Infrastructure and LLM Development units, reporting to Technology Engineering Group Head Lu Shan.
All this news of skyrocketing pay and bonuses might be a bitter pill to swallow for the rest of the tech industry, though. Over 100,000 individuals in the tech sector have already been hit by layoffs in the first half of 2025, with Intel taking the lead, cutting over 20,000 jobs as October 2025 .
Increasing AI adoption is also expected to disrupt every other professional field, with an MIT simulation showing that 11.7% of U.S. workers are likely to be replaced by the technology , leading to a loss of $1.2 trillion in salaries in benefits across the board. This though has been echoed by other analysts and business leaders, with Anthropic CEO Dario Amodei and Ford CEO Jim Farley saying that it will wipe out half of entry-level white collar jobs in the U.S.
Because of this, some lawmakers are concerned about AI’s impact on our society. Sen. Bernie Sanders (I.-Vt.) has called for a halt to all AI data center construction while Elizabeth Warren (D.-Mass.) and two other Democratic senators have asked several big tech companies to explain how their power consumption has affected nearby communities . Nevertheless, it seems that AI development will continue surging forward, and unless something big happens that disrupts its progress ( like the AI bubble bursting ), we will likely see the disparity between the AI industry and other workforces to only grow bigger.
Get Tom's Hardware's best news and in-depth reviews, straight to your inbox.
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/artificial-intelligence/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/artificial-intelligence/chinese-firms-bytedance-and-tencent-reportedly-offer-massive-150-percent-pay-increases-and-35-percent-bonuses-to-entice-ai-talent-salaries-and-increases-also-expected-to-balloon-in-2026#main
- https://www.tomshardware.com
- How NVIDIA H100 GPUs on CoreWeave’s AI Cloud Platform Delivered a Record-Breaking Graph500 Run
- FBI issues wanted notice for alleged North Korean remote IT workers accused of $900,000 crypto theft — $5 million reward up for grabs for information on DPRK-li
- Rainbow Six Siege is under siege by hackers, Ubisoft forced to take all servers offline — players randomly received billions of credits, ultra-exclusive skins,
- World’s smallest autonomous robots are 'smaller than a grain of salt,' cost one penny apiece — researchers expect new micron-scale fully-programmable robots to
- Marine Biological Laboratory Explores Human Memory With AI and Virtual Reality
Informational only. No financial advice. Do your own research.