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PelvicOarfishOracle firing 20-30K employees to fund AI datacenters it might not need.
Energy costs up 20-40% because oil went $92 to $119 in 9 days (now $90 after whipsaw).
AI replacing QA, junior devs, and documentation writers faster than the market expected.
The triple squeeze:
1. Energy costs = inflation pressure = Fed can't cut = borrowing gets expensive = company capex freezes = hiring freezes
2. AI capex = jobs cut to fund the infrastructure that replaces you
3. Oil = supply chain costs up = margin pressure = 'we can do more with less' = you are the less
US programmer employment fell 27.5% between 2023-2025. Junior pipeline being destroyed. Teams going from 12 to 4. QA gone. Documentation gone.
The engineers building the tools that replace the $80K engineer earn $570K. The $80K engineer eats the cost. Oracle's 25,000 newly unemployed developers are the case study in real time.
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