Carrington Clarke
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Microsoft, that big announcement.
We've also had them this year from Block and WiseTech Global and Oracle, similar job cut announcements.
It's difficult to discern how much they are directly related to AI displacing those jobs or whether it's the desired investment in AI and where the companies see themselves going, where they see the power of these models and products disappearing.
to be able to replicate or replace the work that was done by humans.
I think there's a real mix there.
It's very difficult to disentangle in each of these separate companies what's behind these announcements, but it has been an absolute rash of them, even with these companies sloshing around, outlaying and earning money.
almost more money than they ever have before.
Welcome to Fuelcast, I'm Carrington Clark and this is your source to stay on top of the numbers behind the ongoing energy crisis.
It's Monday, April the 27th.
We're recording mid-morning, let's dig in.
The price of Brent Crude has risen again to above $107 US dollars a barrel.
The national average price of unleaded has dropped to $1.87 per litre.
And the national average price of diesel has dropped to $2.66 per litre.
Today, I'm joined by Ian Verinder to dig into our major energy headlines.
Ian, Donald Trump has provided a new type of deadline for this conflict.
He says that Iran's oil pipes are going to start exploding from within in the next three days or so.