Listen in the Podli app 🎧
Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.
Barclays CEO links 5,000 job cuts to AI as profits jump 12%
China issues guidelines to cushion workers from AI job losses
Canada and EU urged to draft Middle Power Charter on AI
A Eye on AI - 12:31 PM
This episode leads with Barclays CEO CS Venkatakrishnan directly linking about 5,000 job cuts to technology investment as the bank's profits rose 12% - the clearest sign yet that AI is hitting the balance sheet. We break down Morgan Stanley's doubled forecast for AI-driven job losses at European banks, and China's State Council guidelines that aim to cushion workers through risk assessments, reskilling, and new rules on algorithmic discrimination. Then we turn to international relations: Don Tapscott urges Canada and the EU to draft a Middle Power Charter at next week's summit in Montreal, focused on technological sovereignty and who controls the AI kill switch. Finally, we look at everyday life with the rise of text-based AI agents like Instinct, Caddy, and Fambot that schedule, shop, and organize families over iMessage and SMS.
Sources:
- thestar.com:
https://www.thestar.com/business/opinion/canada-and-europe-have-a-rare-chance-to-set-the-rules-for-ai-next-week-before-someone-else-does/article_fae9af92-cba0-488d-b315-64a6b0fa432f.html- europeanbusinessmagazine.com:
https://europeanbusinessmagazine.com/the-ai-layoffs-have-arrived/- bwpeople.in:
https://www.bwpeople.in/article/china-moves-to-cushion-workers-from-ai-job-losses-630273- substack.com:
https://substack.com/@opinionai/note/c-368836265
- TechCrunch AI:
https://techcrunch.com/2026/10/03/all-the-ai-agents-that-can-live-in-your-text-messages/- waikatotimes.co.nz:
https://www.waikatotimes.co.nz/nz-news/361102262/who-owns-time-saved-aihttps://www.spreaker.com/podcast/a-eye-on-ai--7245888
