<div id="readability-page-1">The stock market spent much of the past two years celebrating artificial intelligence as the next great productivity boom. Companies from NVIDIA (NASDAQ:NVDA) to Microsoft (NASDAQ:MSFT) raced higher as investors poured money into anything tied to AI infrastructure. A second story is now emerging alongside those gains. What happens when the same tec...</div>

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<p>Coinbase CEO warns that mass layoffs are imminent across all companies. This caution emerges as the stock market, having previously celebrated AI-driven productivity gains for firms like NVIDIA and Microsoft, begins to confront a contrasting narrative regarding the potential negative impacts of these technological shifts on employment.</p>

- The stock market has largely focused on artificial intelligence as a significant productivity driver over the past two years.  
- Companies like NVIDIA and Microsoft saw substantial stock increases due to rising investor interest in AI infrastructure.  
- Additionally, concerns are growing about potential challenges associated with this technology's rapid expansion.

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Coinbase CEO warns American workers: Mass layoffs are coming to 'every company'