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πŸ‡¨πŸ‡³ China’s young generation is losing faith in the promise of hard work

For decades, millions of Chinese families believed the formula was simple: study hard, get a good job, buy a home, and build a better life than your parents. Now, that promise is becoming harder to keep.

According to The Wall Street Journal, China’s young people are facing a brutal combination of unemployment, layoffs, falling wages and rising financial pressure.

The numbers paint a troubling picture. Youth unemployment among 16–24-year-olds has approached 19%, while unemployment among those aged 25–29 stands at 7.5%. Meanwhile, a record 12.7 million university graduates entered the job market this year, competing for opportunities in an economy already under pressure.

The property crisis has wiped out jobs across construction and real estate, while major technology companies, including Alibaba and ByteDance, have reportedly been cutting staff. Even a university degree no longer guarantees a secure start to a career.

And AI could make the situation worse.

According to the WSJ, some major Chinese employers privately estimate that AI could eliminate 30% or more of their current jobs. Research analyzing hundreds of millions of job postings has also pointed to declining demand for workers with just one to three years of experience.

That creates a dangerous cycle: companies need fewer entry-level workers, graduates struggle to get their first jobs, and those who do find work increasingly turn to temporary or gig-based employment.

The consequences extend far beyond the workplace. Young people are delaying marriage, having fewer children and moving back in with their parents because they cannot afford independent lives. Others are abandoning traditional career ambitions altogether.

For China, this is more than an employment problem. When young people lack stable incomes, they spend less, postpone major life decisions and become less likely to buy homes, putting even more pressure on an economy already struggling with its property crisis.

The deeper problem is a broken expectation. An entire generation was taught that education and hard work would lead to financial security. Now, many are discovering that the old rules may no longer apply.
A hacker cracked open a Samsung TV and says an AI inside tracks what you watch

A bug bounty hunter who goes by log4j kept getting oddly specific ads on a 2025 Samsung TV. The firmware was encrypted, so they used zero-day bugs to take full control of the set and posted the findings this week.

They say it runs a small AI model that follows what you watch in apps like YouTube, which ads you skip and how far into a video you get. The TV also processes screenshots and classifies the sounds it hears, like a dog barking or a baby crying, before reporting to Samsung. TVs without a mic look for one on a connected soundbar or Bluetooth device, they say.

Then OpenAI deactivated their account for "Cyber Abuse." log4j says they only used it for local reverse engineering and lost about $500.

Nothing is independently confirmed yet and the full write-up is still coming, Tom's Hardware reports. A Hugging Face engineer testing a rooted TV saw the mic open for 5 seconds, then stay off for hours.
OpenAI's new GPT-6.1 Terra looks at your screen, then acts on it

GPT-6.1 Terra is now in ChatGPT Work and Codex for Plus, Pro, Business, Enterprise and Edu users, according to OpenAI's changelog.

OpenAI calls it a fast, efficient model for professional work. It reads images and screens, then acts on what it finds across your browser, desktop and apps.

It's also tuned to write plainly: results first, supporting details after.

You pick it under Advanced in the model list of the ChatGPT desktop app or Work on the web. It isn't available in regular Chat.
Microsoft just offered 60,000 employees money to leave

About 60,000 people, roughly 27% of Microsoft's 223,000 staff, can now take a voluntary exit offer, CNBC reports. It covers the US, Canada, the UK and India, up to level 70, which includes some senior leaders.

The package matches Microsoft's standard severance: pay based on tenure, continued stock vesting and healthcare for a set period. Staff have until early December to decide. Those who say yes leave at the end of the year.

Sales is sitting it out, while Copilot, CoreAI, Windows and Xbox teams take part, according to The Times of India.

The offer follows a year of heavy AI infrastructure spending and job cuts. Chief People Officer Amy Coleman called it "another way to adapt their workforce to changing needs."
OpenAI's former science chief raised $215M to build robot chemistry labs in the US

Kevin Weil, who ran product and then science at OpenAI, launched Warp Sciences last week with a $215 million round led by Lightspeed. TechCrunch puts the valuation at $865 million.

Warp makes and tests molecules for drug companies. Pharma has long outsourced that work to contractors in China such as WuXi AppTec, and Warp wants to bring it back to the US.

Its chemists will wear cameras and sensor gloves so robots can learn their lab work. Warp records every run, failed steps included, as data for its models.

Weil says AI still lags in the physical sciences because models don't get enough experimental data. "The lab improves the AI, and the AI improves the lab," he wrote.
✴️ Anthropic is going public

The company behind Claude has publicly filed for an IPO. Its stock will trade on Nasdaq under the ticker ANT.

What we know:
● It could be one of the largest IPOs in history. According to Bloomberg, the company expects to raise at least as much as SpaceX, which raised around $86 billion in its June IPO

● In May, Anthropic was valued at $965 billion. Some reports suggest its IPO valuation could reach $1.5 to $2 trillion

● Anthropic’s revenue for the first half of the year was $16.3 billion, up from $1.2 billion a year earlier
Trading could begin in November, but there’s no exact date yet.
The market can move either way, and leverage amplifies both profits and losses.
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OpenAI and Sequoia will pay $100K for the best poker bot built in one hour

Teams of one or two students get 60 minutes to build a poker bot from scratch. Then the bots play 10,000 games against each other.

The tournament is called No Limit. Sequoia, OpenAI and trading firm Citadel Securities host it, and it's open to US university students and 2025 or 2026 grads.

Regionals run in the Bay Area, Boston and Pittsburgh on November 6, 9 and 12. The top teams fly to the San Francisco final on November 15.

AI researcher Noam Brown says MIT has long run a month-long class where students build poker AIs for cash prizes:

"Coding agents have accelerated that process so much that it's now possible to build a poker bot in an hour."
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Grok explains why overpopulation is a myth.
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ChatGPT can now dig through your iCloud Mail and Calendar

OpenAI added iCloud Mail and Calendar plugins to ChatGPT, a much-requested feature.

You can ask it to find that one email, catch up on your inbox, check what's next or update a calendar event.

It works on every ChatGPT plan, free included, on the web, desktop and iOS.
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Two weeks after Argon, Google has a new No. 1 AI model

Gemini 4 Carbon is Google's next frontier model, and it tops the Artificial Analysis Intelligence Index with 59 points. Claude Opus 5.5 has 58, GPT-6 Astra 57.

The biggest jump is in cybersecurity. Carbon scores 88.2% on SEC-bench Pro, a test of finding vulnerabilities. Google's Chrome team says it did over 10 times better than another lab's large frontier model at writing high-quality security patches.

It isn't first everywhere. On coding agents it ranks second, 59 points to 62 for Claude Code running Opus 5.5.

You can't use it yet. Some cyber defenders get access this week, then trusted partners, with "wider availability soon." The introductory price is $2 per million input tokens and $10 per million output, later $4 and $20.
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