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The history of Apple in photos, from the early Steve Jobs era to the iPhone launch to its 50-year mark

Apple marks the 50th anniversary of its founding on April 1.

The tech giant is one of the world’s most valuable companies, known for innovative products like the iMac, iPhone, and iPod. Its storied past is one of incredible highs, including a $4 trillion market cap, and alarming lows, like its series of stumbles in the 1990s.

It’s had many leaders over the years — most notably Steve Jobs, who put the company on the map with his lofty ideas and unique leadership style. After Jobs stepped down from the position to focus on his health, Tim Cook took over as CEO and has guided the company through much success and turbulent times.

During Cook’s tenure, Apple has launched new products like the Apple Watch, Vision Pro, and AirPods. The company has also launched its own artificial intelligence software, Apple Intelligence.

Here’s a look at Apple’s history in photos, from its inception through its hard times to the triumphant return of Jobs and beyond.

Matt Weinberger and Avery Hartmans contributed to earlier versions of this story.

Apple was cofounded on April 1, 1976, by Steve Jobs and Steve Wozniak in Los Altos, California.

Steve Wozniak, left, with Steve Jobs. 

Kimberly White/Reuters

Apple’s first “office” was the garage at Jobs’ parents’ house. There was a third cofounder, too: Ronald Wayne. Jobs brought Wayne on board to provide business guidance for the two young cofounders.

Wayne sketched the first Apple logo by hand.

The cofounder left the company before it was officially incorporated. He took an $800 check for his shares in the company. Apple would officially incorporate in 1977.

The company’s first product was the Apple I.


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An Apple-1 computer built in 1976. 

Justin Sullivan/Getty Images

It was just a motherboard with a processor and some memory, intended for hobbyists. Customers had to build their own case and add their own keyboard and monitor, as seen in the picture above.

The Apple I was invented by Wozniak, who also hand-built every kit.

Meanwhile, Jobs handled the business end, mainly trying to convince would-be investors that the personal computer market was primed to explode.

The Apple II was introduced in 1977.


Apple II computer

The Apple II was a one-of-a-kind personal computer that the company released in the late 1970s. 

Eric Risberg/AP

The personal computer was designed by Wozniak, and it would go on to take the world by storm. The Apple II’s killer app was VisiCalc, a groundbreaking spreadsheet software that propelled the computer ahead of market leaders Tandy and Commodore, according to the National Museum of American History.

With VisiCalc, Apple could sell the Apple II to the business customer. By 1978, Apple would actually have a real office, with employees and an Apple II production line.

Xerox PARC convinced Jobs that the future of computing was with a graphical user interface (GUI).


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Jobs with the Lisa computer in 1983. 

Ted Thai/The LIFE Picture Collection/Getty Images

In 1979, Apple engineers were allowed to visit the Xerox PARC campus for three days, in exchange for the option to buy 100,000 shares of Apple for $10 a share, according to Newsweek.

A year later, Apple released the Apple III, a business-focused computer intended to counter the growing threat from IBM and Microsoft.

But the Apple III was only a stopgap, and Xerox PARC had led the young Jobs to think in a different direction.

Jobs spearheaded the effort to equip Apple’s next-generation Lisa computer with a GUI, but was bumped from the project thanks to infighting.

Lisa was released in 1983 to much fanfare, but disastrous sales — it was too expensive and didn’t have enough software support, CNBC reported.

Jobs led the next project, the Apple Macintosh.


Steve Jobs

Jobs and the new Macintosh personal computer following a shareholder’s meeting in Cupertino in 1984. 

AP Photo/Paul Sakuma

It was billed as the most user-friendly computer to date. It would go on to become popular with graphic-design professionals, who liked its visual chops (even though it was in black and white).

It was still very expensive, however.

Around the time of the launch of the first Macintosh in 1983, Apple got a new CEO: John Sculley.

Sculley was serving as Pepsi’s youngest-ever CEO, but Jobs, then head of Macintosh development, managed to bring him to Apple with the now-legendary pitch: “Do you want to sell sugared water for the rest of your life? Or do you want to come with me and change the world?” Forbes reported.

In 1984, Apple released the TV commercial that made it a household name.

This ad, appropriately called “1984,” was directed by Ridley Scott and cost the company $1.5 million. It aired during the third quarter of Super Bowl XVIII, and never again.

This was also when tensions between Jobs and Bill Gates started to run high.


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Jobs (left) had beef with Bill Gates over the creation of competing products. 

Kristy MacDonald/AP; Gary Stewart/AP

Originally, Microsoft was working hard at making software for the Macintosh. But those plans were scuttled in 1983 when Microsoft revealed that it, too, was working on a graphical user interface called Windows.

The Macintosh had strong sales, but not enough to break IBM’s dominance.


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From left to right: Jobs, Sculley, and Wozniak. 

Sal Veder/AP Images

This led to a lot of friction between Jobs — the head of the Macintosh group who liked doing things his own way — and Sculley, who wanted stricter oversight of future products in light of the Lisa disaster and the Macintosh’s disappointment.

Things came to a head in 1985 when Jobs tried to stage a coup and oust Sculley — but Apple’s board of directors took Sculley’s side and removed Jobs from his managerial duties.

A furious Jobs quit and went on to found NeXT, a computer company making advanced workstations where he had total control.

Wozniak later left and sold most of his shares around the same time in 1985, saying the company was going in the wrong direction. With Jobs gone, Sculley had a free hand at Apple.

At first, things seemed great.


John Sculley Apple Computer

Under Sculley’s leadership, Apple introduced color to the Macintosh with the System 7 operating system. 

Associated Press

Apple introduced its PowerBook laptop and System 7 operating system in 1991. System 7 introduced color to the Macintosh operating system, and would stick around (with updates) until OS X was released in 2001, according to Cult of Mac.

The 1990s would see Apple enter many new markets, none of which really worked out.


Apple Newton

Apple’s Newton MessagePad, pictured above, wasn’t a hit with consumers. 

SSPL/Getty Images

Possibly the most famous Apple flop of the ’90s was 1993’s Newton MessagePad, which was Sculley’s brainchild.

It literally created the market for “personal digital assistants,” but it was $700 and did little more than take notes and keep track of your contacts, according to MacWorld.

At the same time, Microsoft’s influence was on the rise.


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Gates holding Microsoft Window’s operating system in 1992. 

AP Photo

Macs offered an excellent, but limited, software library on expensive computers.

Meanwhile, Microsoft was selling Windows 3.0 on cheap, commodity computers.

Sculley was relieved of his duties in 1993.


Michael Spindler Apple

Michael Spindler, pictured above, stepped up as Apple’s CEO in 1993 after Sculley left the role. 

Luc Novovitch/AP

After Apple missed on its first-quarter earnings in 1993, Sculley stepped down and was replaced as CEO by Michael Spindler, a German expatriate who had been with Apple since 1980, the Los Angeles Times reported.

Spindler had the unfortunate job of following through with Sculley’s big PowerPC processor plans, which would prove to be a mistake.

In 1994, the first Macintosh running on a PowerPC was released.


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Gil Amelio, left, and Steve Jobs on a podium during an Apple event. 

AP

Apple’s fortunes continued to sag as Windows took off. After acquisition talks with IBM, Sun Microsystems, and Philips all fell through, Apple’s board replaced Spindler with Gil Amelio in 1996, The New York Times reported.

Amelio’s tenure was equally troubled.


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Amelio brought Jobs (pictured above) back to Apple after a disappointing year for the company under his leadership. 

Dick Drew/AP

Under his reign, Apple stock hit a 12-year low (largely because Jobs himself sold 1.5 million Apple shares in a single transaction), according to CNET.

Amelio decided to purchase Jobs’ NeXT Computer for $429 million in February 1997 to bring him back to Apple.

On the July 4 weekend that same year, Jobs would stage a boardroom coup.


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Jobs was later reinstated as Apple’s interim CEO. 


Lou Dematteis/Reuters


Jobs convinced Apple’s board to install him as interim CEO. Amelio resigned a week later.

1997 would also see the introduction of Apple’s famous “Think Different” ad campaign.


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A billboard for Apple’s “Think Different” ad campaign featuring Yoko Ono and John Lennon. 

Gilles Mingasson/Liaison/Getty Images

It celebrated famous artists, scientists, and musicians. Jobs opposed parts of the original idea for the commercial, such as his narrating it.

Ultimately, Jobs got his way, and the famous ad was narrated by actor Richard Dreyfuss.

Under Jobs’ leadership, the company would make nice with Microsoft.


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Jobs (on the podium) and Gates (on the screen) at an Apple event in 1997. 

Jim Bourg/Reuters

In August 1997, Jobs took the stage at Apple’s Macworld Expo to announce that Apple had received a $150 million investment from Microsoft.

“We need all the help we can get,” Jobs said, to boos from the audience, CNBC reported.

The late 90s were a new era for hardware and software, too.


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Jobs posing with the Apple iMac G3 computer launched amid a hardware boom. 

Mousse Mousse/Reuters

Jobs had Jony Ive spearhead the design of the iMac, an all-in-one computer released in 1998.

In 2000, Jobs introduced Mac OS X, based on the NeXT operating system, finally replacing System 7.

And in 2006, Apple finally moved to an Intel-based system architecture.

Apple had two massively influential product releases in the 2000s, beginning with the iPod in 2001.


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John Mayer (left), Jobs, and the iPod. 

Justin Sullivan/Getty Images

The iPod blew other MP3 players out of the water and radically altered the way we listen to music. It birthed a number of iterations that would span over a decade, including the iPod Nano, iPod Shuffle, and iPod Touch.

The iPod also launched Apple’s white earbuds as a status symbol.

But the single biggest victory for Apple was 2007’s introduction of the iPhone.


Steve Jobs

The launch of the iPhone in 2007, which Jobs is holding in the picture above, was a game-changing product for Apple. 

Alessia Pierdomenico / Reuters

When the iPhone went on sale, customers lined up outside stores in the US to get their hands on one.

The iPad came out in 2010.


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Steve Jobs announced the iPad onstage. 

Bloomberg/Bloomberg via Getty Images

Apple positioned the new product as a cross between a smartphone and a laptop. It helped define the modern tablet product category.

The company expanded into services, helping fuel Apple’s growth as iPhone sales lagged.


Tim Cook

AppleTV+ has won Academy Awards in major categories. 

Alberto Rodriguez/Variety via Getty Images

Under Cook — who took over after Jobs’ death in 2011 — Apple introduced new hardware product lines, including the Apple Watch and AirPods.

Apple also launched its own music and video streaming services, as well as other subscription offerings, such as news and gaming.

The Apple Watch was announced in 2014.


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Tim Cook announced the Apple Watch in September 2014. 

Stephen Lam/Getty Images

The Apple Watch marked the company’s first venture into wearable technology. It quickly became one of the world’s most popular smartwatches.

Apple’s chief design officer, Jony Ive, left Apple in 2019 and set up his own design shop, LoveFrom.


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Jony Ive at the 2016 Met Gala before leaving Apple. 


Dimitrios Kambouris / Getty Images


Apple said at the time that it would become one of LoveFrom’s “primary clients.” The two companies’ relationship wound down in 2022, according to The New York Times, which reported there were frustrations on both sides about the arrangement.

In August 2020, Apple hit a new milestone before other companies.


Tim Cook

Apple hit a $2 trillion market cap in August 2020 under the leadership of CEO Cook. 

AP

It became a $2 trillion company — the first company to do so — just 24 months after reaching the $1 trillion threshold.

Apple became the first public company to close with a market cap above $3 trillion.


People walk near the Nasdaq building in Times Square on January 24, 2023

Hitting the $3 trillion valuation was a milestone for Apple. 

Eduardo Munoz Alvarez/VIEWpress

The stock closed at $193.97 in June 2023. Apple’s ecosystem, led by the iPhone, iPad, and Services, has driven consistent growth through booms, downturns, and even a pandemic. Months later, Apple’s valuation dropped to $2.8 trillion ahead of the iPhone 15 launch in September.

Some Apple fans were disappointed by the new iPhone 15.


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A line of iPhone 15 devices displayed at the Apple store. 


Apple


Following the September launch, some Apple fans said the iPhone 15 looked nearly identical to its predecessors. They claimed it’s a design choice that reflected Apple’s lack of innovation on the smartphone front. 

The biggest change was the shift away from the Lightning charging port to USB-C. The launch reflected Apple’s transition into a more incremental phase rather than era-defining moments.

Apple has faced regulatory scrutiny.


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European Commissioners at a news conference in Brussels. 


Reuters


In January 2024, Apple was forced to crack open its App Store after the European Commission pushed the company to comply with the Digital Markets Act.

Under the DMA, third-party app stores would finally be allowed on Apple’s iOS operating system in the EU. That would allow developers to distribute their apps beyond the App Store, which takes a cut from app sales. 

The law aims to prevent Big Tech, which the EU calls “gatekeepers,” from dominating the digital marketplace. It forced Apple to open up parts of its digital walled garden in Europe.

Apple also saw iPhone sales slump in China, a major market, at the start of 2024, losing its rank as the top smartphone provider in the country.


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An Apple Store in Shanghai, China in March 2024 amid a dip in iPhone sales. 

CFOTO/Future Publishing/Getty Images

iPhone sales in China dropped by 24% during the first six weeks of 2024, according to Counterpoint Research, as local rivals like Huawei took a larger share of the region’s smartphone market.

In February 2024, Apple launched its nearly $3,500 Vision Pro headset.


Apple's Vision Pro

The Vision Pro lets you see your surroundings with breakthrough ‘EyeSight’ tech. 

Apple

It’s an AI-driven “mixed-reality” headset that allows users to toggle between the digital and real worlds. However, the reception to the Apple Vision Pro was mixed. 

Some initial users expressed awe over the Vision Pro’s spatial computing capabilities. Others, however, said the headset’s design, blurry screen, and lack of use cases don’t justify its high price. These issues may have led some customers to return the product within two weeks of purchase. 

Following the Vision Pro release, Apple killed its electric car weeks later, shifting its focus to generative AI.


A graphic of a fictional Apple Car.

A graphic of a fictional Apple Car, a project the company abandoned earlier this year. 

Grafissimo/Getty, Apple, Tyler Le/BI

Apple worked on its self-driving electric car, a multibillion-dollar effort dubbed “Project Titan,” for nearly a decade before deciding to pull the plug, Bloomberg first reported. 

Execs told nearly 2,000 employees part of the electric-vehicle team that many would be moved to the company’s artificial-intelligence division, per the outlet. 

The US Department of Justice filed a lawsuit against Apple in March 2024.


A flag waves outside the federal Department of Justice building in Washington, DC

The US Department of Justice. 

Samuel Corum/Getty Images

The DOJ accused the iPhone maker of using anti-competitive tactics to dominate the smartphone market. It was a direct challenge to how the iPhone ecosystem works and how Apple makes money from it.

In the suit, the DOJ and 16 attorneys point to everything from the Apple Watch’s incompatibility with non-iPhones to the awkward green-bubble text messages sent through Android phones as evidence that Apple uses unfair practices to beat its competitors. 

Apple denies these accusations. 

The iPhone 17 lineup and iPhone Air came out in 2025.


iPhone 17 Pro Max

Apple said the iPhone 17 Pro is equipped with its most powerful chip yet. 

Nikolas Kokovlis/NurPhoto via Getty Images

The base iPhone 17 features a 6.3-inch display, upgraded Ceramic Shield 2 for added durability, and Apple’s A19 chip designed to power its Apple Intelligence features.

Apple said the iPhone 17 Pro is equipped with its most powerful chip yet, and boasts camera capabilities comparable to having eight professional lenses in a single device.

The model has helped the iPhone regain its footing in China.

Meanwhile, the iPhone Air is the company’s thinnest and most power-efficient model to date at 5.6 millimeters, with Ceramic Shield on both the front and back. It also introduces a new “plateau” design that integrates the front and rear cameras, speaker, and other components.

Apple hit a $4 trillion market cap for the first time in October 2025.


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Tim Cook has seen Apple through major financial milestones. 

Fabrice COFFRINI / AFP via Getty Images

Apple secured a $4 trillion market capitalization for the first time in October 2025, becoming only the third public company ever to be worth that much, after Nvidia and Microsoft.

The company introduced its cheapest laptop yet in the MacBook Neo.


Apple MacBook Neo

The MacBook Neo costs $599. 

Apple

The tech giant unveiled its new MacBook Neo in March 2026 at a special event in New York City.

It sells for $599, making it $500 cheaper than the new M5 MacBook Air, which starts at $1,099.

Tech YouTuber Marques Brownlee described the MacBook Neo as “potentially Apple’s most disruptive product in the last 10-plus years.”

On April 1, 2026, Apple celebrates 50 years in business.


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Apple hit 50 years on April 1. 

JUSTIN TALLIS / AFP via Getty Images

Apple has survived a lot of ups and downs to celebrate its 50th anniversary. It’s commemorating the milestone with a series of celebrations attended by public figures, Apple execs, and loyal fans, including a presentation at Shanghai Fashion Week and live music performances.




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Lloyd Lee

These robots are coming for the jobs no one wants — and could fill workforce gaps

Backflipping robots make for splashy demos and viral videos, but Agility Robotics sees humanoid bots doing something simpler — solving an urgent global labor issue inside manufacturing plants.

The Oregon-based startup has so far deployed its humanoid robot, Digit, at Amazon, Schaeffler Group, and GXO, a logistics company. The startup announced in February that a few Digit robots would be deployed in Toyota’s massive manufacturing plant in Canada, marking yet another automaker betting on bipedal bots.

Daniel Diez, Agility’s chief business officer, told Business Insider that there’s a common thread at the companies he visits around the world. In Germany, Korea, Japan, or the US, manufacturers just don’t have enough people who want to work mundane, repetitive jobs.


Headshot of Daniel Diez, chief business officer of Agility Robotics

Daniel Diez, Agility Robotics’ chief business officer, said there’s a labor gap in manufacturing that will require automation.

Courtesy Agility Robotics



“It’s the same exact issue: Labor gaps in these highly repetitive physical tasks,” Diez said. “They simply can’t find the people to do this work.”

There is no shortage of manufacturing roles. According to the Bureau of Labor Statistics, there are more than 400,000 job openings in the sector in the US as of December 2025.

In addition to vacancies, talent retention remains a top concern for manufacturers, according to a 2024 survey of more than 200 companies conducted by The Manufacturing Institute and Deloitte.

Diez said there are “compounding effects” to the so-called labor gap.

A significant share of the manufacturing workforce is 55 and over, he said, meaning they’re approaching retirement. BLS’s Current Population Survey clocks the number at a little over 25%.

Add to that the Trump Administration’s push to bring onshore manufacturing back, which Diez said will only create more jobs and a greater need for automation.

“This re-shoring of manufacturing in the US is going to only occur through a combination of human employment and automation technology, like humans and robotics,” he said.

Automakers are notably bracing for this shifting tide. Tesla, Volkswagen, Ford, Mercedes-Benz, and Hyundai, among others, have made significant investments in humanoid robots with the prospect that they’ll work the assembly lines in the near future.


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Atlas, Boston Dynamics’ humanoid robot, will be deployed in Hyundai’s factory in 2028.

Lloyd Lee/BI



Boston Dynamics in January unveiled a new iteration of Atlas, an all-electric humanoid, that the startup aims to deploy in Hyundai’s Georgia factory in a few years.

The company’s former CEO, Robert Playter, previously told Business Insider that Boston Dynamics is helping companies brace for population decline and increased manufacturing demand.

At Toyota Motor’s manufacturing plant in Ontario, the automaker is starting with three Digit bots that will do the simple task of moving totes, or plastic containers, from one spot to another.


Digit robot moves a tub

Courtesy Agility Robotics



There are robots out there that could execute much more complex tasks, while some industry insiders say humanoids, or bots with two legs and arms, are still years away from scaling. Part of the pitch for the bipedal form factor is easier integration into existing or older factories, Diez said.

“At this moment in time, it feels like an ideal solution for brownfield facilities,” he said, referring to underutilized industrial facilities that tend to have a baked-in layout. In other words, with humanoids, manufacturers can automate their properties without making significant changes to the factory layout and workflow.

Diez said that any industry with highly repetitive tasks is ripe for the adoption of humanoid robots. The industries Agility Robotics is seeing with the most “inbound” requests are coming from warehouse logistics, e-commerce fulfillment, automotive, and pharmaceutical manufacturing, he said.

“We’re not having to convince people that this is a technology need,” Diez said. “We have more than enough hand-raisers who are coming to us.”




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Tech jobs are getting demolished in ways not seen since 2008 and the dot-com bust

It’s a tech bloodbath in the job market.

Friday’s shockingly weak jobs report showed a loss of 92,000 jobs in February across the broader economy, far below the expected gain of 55,000 jobs. After the release, economist Joseph Politano posted on X that the tech sector has had an especially rough couple of years.

“For a while, you could at least say we’re not gaining jobs the way we used to, but we’re not losing them. Everything’s kind of stagnant,” Politano told Business Insider. “That has, over the last year, completely changed, where it’s losing jobs again at one of the most rapid rates of the last 20 years.”

Tech job losses now outpace past downturns in 2008 and 2020, per Politano. Historically, Politano said, the US would usually be adding around 100,000 to 300,000 jobs in tech annually; even when there have been some pullbacks, there’s generally a quick rebound. But not this time.

Already, Politano said, this moment is clearly and significantly worse for the sector than the 2020 recession, and slightly worse than 2008. He thinks the most apt comparison is to the dot-com bust, although today’s situation still isn’t quite as dire.

“The fact that the only thing that you can compare it to is the worst tech job recession of all time is pretty bad,” Politano said. “The length is really important here. It’s been three years of job losses. It took only about four years for recovery to start from the dot-com bust, for tech to start rehiring at a semi-normal rate again. The fact that we’re now three years into this and it’s actually getting worse is a really big deal.”

Of course, as Cory Stahle, an economist at the Indeed Hiring Lab, notes, it’s not just tech that’s down in the dumps. Manufacturing, which has been cooling for the last couple of years, saw employment fall, as did the government sector. Healthcare, which had been propping up the job market, lost jobs in February, exacerbated by a roughly monthlong Kaiser Permanente strike. “Everything was looking pretty weak by different industries,” Stahle said.

ZipRecruiter economist Nicole Bachaud said February’s losses in tech-related sectors were similar to recent trends. “When we look at information continue to see a decline, and then the professional and business services, a little bit soft, but I wouldn’t say that was necessarily an out-of-place movement for that industry,” Bachaud said. “There’s been a lot of headlines looking at layoffs in tech or big changes at certain employers in tech, but overall, the layoff rate has been very low and stable.”

New college grads who leaned into STEM and other people seeking their first jobs could be especially hard hit by the tech hiring downturn.

“We’ve seen a lot about recent graduates struggling to find jobs,” Stahle said. “You really feel for those people who started studying computer science four or five years ago and were told that, ‘Hey, this is a surefire way to get in the labor market, make a good salary,’ and now we’re seeing just a continuation of this trend of fewer and fewer hires being made in the tech sector,” Stahle said.

The latest job numbers also don’t yet reflect the sweeping layoffs from Block, which excised nearly half its workforce last week. In his announcement outlining the cuts, CEO Jack Dorsey cited AI as a reason, saying that “the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working.” Some laid-off Block employees were skeptical about AI claims; many told Business Insider that they had already been using AI at work, and didn’t believe it could replace them outright.

Politano said that, in his view, AI is likely behind at least some of the tech labor market’s losses.

“How much of it you want to ascribe is really hard to tell, but I don’t think it’s a coincidence that computer system design is one of the industries that’s losing the most jobs,” Politano said. And, while AI firms are hiring, they’re bringing on far fewer employees than Big Tech behemoths. The types of jobs lost, and the timing of those losses, point, for Politano, to at least some impact from AI.

“We clearly haven’t seen the end of this right now,” Politano said of the future of the tech sector. “I expect that it will be this dribble of bad news for the near term going forward, but I just think that there’s no positive evidence that we’re breaking out of this post-2022 cycle that tech has been stuck in. Until you see that kind of evidence, I think there’s very little chance of a reversal.”




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Chong Ming Lee, Junior News Reporter at Business Insider's Singapore bureau.

China’s smartest students used to chase tech and finance jobs. Now, they’re choosing manufacturing.

For years, China’s top graduates chased jobs in finance and tech. Now, many are heading into manufacturing and energy instead.

Employment data from Tsinghua University — one of China’s top tertiary institutions — published on its website on Tuesday shows the number of graduates entering the manufacturing and energy sectors rose 19.1% year over year for the class of 2025.

Top employers for this year’s Tsinghua graduates include Huawei, BYD, State Grid Corporation of China, and China National Nuclear Corporation, the university said.

Huawei is a global telecom equipment giant, while BYD is one of the world’s biggest electric-vehicle makers. State Grid runs China’s power grid, and China National Nuclear Corporation leads its nuclear industry.

The share of Tsinghua graduates entering the manufacturing and energy sectors has grown for six consecutive years, according to the university. Tsinghua said last year that the number of Class of 2024 graduates joining those sectors rose 11% year on year.

Often compared with MIT or Stanford, Tsinghua is widely viewed as China’s top engineering university and a key pipeline for talent entering the country’s tech and industrial giants.

The trend is not limited to China’s most elite university. At Huazhong University of Science and Technology, 2025 graduate employment statistics published in January showed about 2,000 graduates entering the information-technology sector and about 1,500 moving into manufacturing, compared with just around 300 entering finance and 240 joining construction.

The share of Chinese graduates entering manufacturing rose from 17.9% in 2020 to 22.5% in 2024, according to South China Morning Post, citing a report by MyCOS Institute, a consultancy focused on China’s education.

China’s advanced manufacturing sector gains prestige

Experts told Business Insider that several factors are driving more graduates toward manufacturing and energy jobs.

China’s industrial sectors, especially semiconductors, electric vehicles, batteries, and renewable energy, have become “highly technology-intensive and now demand top engineering talent,” said Fu Fangjian, associate professor of finance at Singapore Management University.

Many young graduates now see them as “opportunities to work on cutting-edge technologies rather than traditional factory work,” he said, adding that these jobs can offer “very competitive” salaries.

Experts say the nature of manufacturing jobs has evolved as China upgrades its industrial base.

Sectors such as electric vehicles, power equipment, and nuclear energy now require expertise in engineering, data science, and systems integration, said Zhao Litao, a senior research fellow with the East Asian Institute at the National University of Singapore.

“‘Hardware’ and advanced manufacturing are no longer seen as low-skill industries but as high-tech innovation sectors involving robotics, semiconductors, advanced materials, and industrial AI,” Fu said.

As a result, advanced manufacturing is increasingly viewed as a frontier technology sector rather than a blue-collar industry, said Zhao, who researches China’s social policy.

Highly technical engineering or research roles in this sector “carry considerable prestige among engineering students,” he added.

Tech and finance jobs lose their shine

For years, many of China’s top graduates gravitated toward internet platforms and finance, drawn by rapid growth and high pay.

But hiring in the platform economy has slowed, while tighter regulation has added more uncertainty, said Fu.

“At the same time, investment attention has shifted toward HALO sectors —hardware, industrial technology, and energy— redirecting both capital and talent,” he added.

China’s job market has long been challenging for young graduates entering the workforce.

In December, the unemployment rate for people aged 16 to 24 — excluding students — stood at 16.5%, according to data released by the National Bureau of Statistics in January. By comparison, unemployment was 6.9% for those aged 25 to 29 and 3.9% for workers aged 30 to 59.

The Chinese tech sector has been trimming headcount in recent years as companies focus on cutting costs and improving efficiency.

Alibaba’s workforce has shrunk by more than half, from about 250,000 full-time employees in March 2022 to about 124,000 in March 2025, according to a report by Chinese financial news outlet Caixin.

Baidu’s workforce stood at 35,900 at the end of 2024, down 21.1% from its peak in 2021, the report in August added.

Meanwhile, demand in manufacturing remains strong. A government manufacturing talent development plan projected that nearly 30 million skilled manufacturing jobs could go unfilled by 2025.

“China is the world’s largest producer of electric vehicles, batteries, and solar equipment, and these sectors require a large technical workforce,” said Zhao.

Government policy has also helped reshape the job landscape, experts said.

Over the past decade, China has prioritised strategic sectors such as electric vehicles, renewable energy, power equipment, and advanced materials through industrial policies, research programmes, and large-scale investment, said Zhao.

“These sectors have therefore become major employers of engineering graduates,” he added.

Universities, research institutes, and state-supported firms are aligned with these national priorities, which encourages more talented graduates to enter these fields, Fu said.




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Entry-level engineering jobs are already changing. Here’s how they can get ahead.

If Ben Zabihi had started his career five years ago, his workday would have looked very different than it does today.

A few years ago, he might have spent much of his time formatting code and writing documentation. Now Zabihi, who has been working as a software engineer at a small New York City startup since December, said a good portion of his day is spent using AI tools — not just to write code, but also as a research assistant to better understand his industry and business terminology.

The 23-year-old entered the profession at a time when companies and workers are actively testing and debating the extent to which AI is helpful and what still requires a human touch.

Though Zabihi said that relying too much on AI at the start of his career could result in a weaker foundation for his learning in the long term, he also knows he has to use the technology and optimize his workflow.

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The tasks that used to keep entry-level engineers busy might not be as important as they once were, he said.

Instead, he’s focusing on the bigger picture: work like understanding business goals, system architecture, scaling, and security risks, which once were the domain of more senior engineers.

Risk and opportunity

While many recent grads see AI as a way to gain superpowers quickly, some industry veterans worry that the technology erodes a formative stage of learning that builds judgment and problem-solving skills — a gap that may only become clear as today’s engineers advance.

When 36-year-old engineer Georgian Tutuianu entered the field a few years ago, he said 95% of the job was painful. For today’s junior engineers, though, there are many shortcuts — and he’s worried those can come at the expense of deeper understanding.

For example, a core part of his job is managing codebases through pull requests, where engineers submit code for review before it’s merged into the system. Tutuianu said he used to review around 100 to 500 lines of code in a pull request. Now, with LLMs, it’s easily over a thousand, and he said he sees workers often add layers of complexity they don’t understand.

“It’s super concerning because then you have just a pile of terribleness that you have to contend with,” Tutuianu said. “It’s literally just pollution.”

He said he worries that junior engineers may be outsourcing the hardest part of the job — wrestling with what they don’t understand — to LLMs.

Zabihi and Tutuianu’s differing experiences reflect a wider shift in the industry. As one of the fastest sectors to adopt AI, software engineering is being transformed — and entry-level roles, which were once the training grounds for mastering the complexities of the job, are fundamentally changing.

With that comes risk, but also opportunity.

Getting ahead

There’s no crystal ball to predict where the industry is headed, but one thing is clear: Junior developers are navigating a murky employment market as the industry undergoes a tectonic shift. That means they’ll need to move quickly to stay relevant.

The shift in focus may also force a rethinking of the fundamentals of the job. If AI can handle much of the code itself, the value of an engineer might lie less in perfecting syntax and more in gaining a broader expertise in defining problems and architecting solutions.

“The question then is, how do the requirements of the job and the skills change?” Matt Kropp, managing director and senior partner and chief AI officer of BCG X, the tech division of Boston Consulting Group, told Business Insider. “If you’re a junior engineer, how do you make sure that you meet those skills in the market?

Keith Ballinger, Google’s vice president and general manager of Developer & Experiences, told Business Insider that “nothing beats doing it.”

“You don’t need to ask for anybody’s permission to do something significant and meaningful,” Ballinger said. “Just put together a cool app and post it on a website.”

Ballinger said that most software engineers didn’t enter the field to write code in a specific language or framework. A developer’s job is to use technology to solve problems and apply engineering techniques, he said. Great engineers have always known how to break down problems into smaller ones, and now agents can help handle the rest, Ballinger said.

“That’s a skill that we can teach and that people can pick up, but now it’s more important than ever, and certainly more important than memorizing how an API works,” Ballinger said.

As entry-level hiring opportunities shift, Mohit Bhende, the CEO and cofounder of engineering hiring platform Karat, said aspiring engineers should seek out organizations committed to training junior talent. Those opportunities may increasingly lie outside traditional tech, he said.

Bhende said he expects more talent to move to sectors like finance and healthcare, where AI adoption is slower, and security concerns elevate the value of human oversight.

He said CTOs are also increasingly seeking engineers who understand the business side of their work. Bhende said that aspiring engineers should prioritize developing domain knowledge, whether through on-the-job training or formal education.

“Maybe you’re graduating not just with the computer science degree, but you’re graduating with that, plus a business degree,” Bhende said, adding that he thinks “the jobs of the future are going to merge those two.”

Zabihi, for one, is bullish about what the rapidly evolving tech will mean for his career. He said his output is significantly higher because of AI — and ultimately, that’s what he’s being paid for.

“As a junior dev, you’ve never gotten a better bang for your buck,” Zabihi said.




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Bill Gurley: people who don’t love their jobs are most at risk of losing them to AI

Passion could be the best defense against AI taking your job, Bill Gurley says.

“The people that are most at risk are the ones that are sitting idly in the job and don’t really have a why or a purpose for it,” the legendary venture capitalist said during the latest episode of the “On with Kara Swisher” podcast.

“I think a lot of the people that go through that college conveyor belt, that are chasing a safe job, that end up working as a widget or a cog in an industry they may not love — I think they are ripe for disruption,” he added.

Advances in AI have spurred numerous high-profile companies to slow hiring or make layoffs in anticipation of cheaper, more productive digital workers replacing human ones.

Technology giants such as Meta, Microsoft, Amazon, and Alphabet are also spending hundreds of billions of dollars to build AI infrastructure, fueling widespread concerns of future job losses.

Gurley is a general partner at Benchmark who’s known for placing early bets on businesses such as Uber, Nextdoor, OpenTable, and Zillow.

He recently published a book titled “Runnin’ Down a Dream: How to Thrive in a Career You Actually Love.”

The veteran investor said on the podcast that young people should choose careers they enjoy and care about. Warren Buffett, who famously “tap dances to work” at Berkshire Hathaway, has long offered similar advice.

“For people that are in a job they love, the honing’s free,” Gurley said. He explained that when someone is passionate about what they do, they don’t need to set aside time or convince themselves to polish their skills and knowledge; they naturally prioritize improvemen and feel energized by the process.

“It really becomes an unfair advantage in almost any industry if you’re that person because you’re learning constantly,” Gurley said.

One key thing they should learn is how to harness AI to bolster their efforts, he said.

“Be the most AI aware person in your job,” Gurley said. “And you’re going to then be the last person that they want to get rid of.”

Gurley compared AI to “jet fuel” that can expand a worker’s capabilities. Employees can now learn more quickly and thoroughly than ever before, he said, so if they’re focusing their learning on AI, they’re “going to have even better chance of winning,” he added.




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What smart people are saying about Jack Dorsey slashing jobs at Block: ‘The canary in the coal mine’

  • Jack Dorsey announced major layoffs at Block, cutting nearly half of its workforce.
  • Dorsey said AI was behind the cuts, and the company’s stock rose over 20% in after-hours trading.
  • Tech and VC leaders have reacted to Block’s layoffs, with some calling it a sign of what’s to come.

Jack Dorsey’s announcement on Thursday that Block was slashing its workforce nearly in half sent shockwaves through the tech world.

Dorsey, Block’s CEO and cofounder, said AI was rapidly changing work at the financial services company, which owns Square, Cash App, and Afterpay.

“A significantly smaller team using the tools we’re building can do more and do it better,” he said on Thursday’s earnings call, shortly after the reduction in force was shared on X.

“I had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now,” he wrote in a memo. “I chose the latter.”

Block’s stock was up over 20% in after-hours trading following the announcement. Shares were down more than 16% in the last year as of market close on Thursday.

Leaders in tech and venture capital quickly reacted to the news, with some saying it could be the first of what’s to come as AI fundamentally transforms companies and the nature of work. Others were more skeptical of AI’s role.

Here’s what smart people are saying about the job cuts at Block.

Balaji Srinivasan

“This is the first AI cut,” tech investor Balaji Srinivasan said on X. “And it will send shockwaves.”

The Silicon Valley venture capitalist said the Block cuts were a “signal to everyone in tech: get good now. Become indispensable. Work nights and weekends. Learn the AI tools and raise your game. Or you might not make the cut, as an employee or as a company.”

Aakash Gupta

“Block is the canary in the coal mine,” Aakash Gupta, host of “The Growth Podcast,” said on X. “And they’re not alone.”

Gupta said Dorsey “said the quiet part out loud: intelligence tools paired with smaller teams have already changed what it means to run a company.”

“Block went from 10,000 to 6,000 while growing revenue and raising guidance. Every CEO running a company with more than a few thousand employees is doing this math tonight,” he added. “The canary just stopped singing.”

Ben Carlson

Ben Carlson, a financial analyst and director at Ritholtz Wealth Management, expressed skepticism that the cuts were purely driven by AI innovation, sharing a chart that shows Block’s share price is down sharply from its high point in 2021.

“Maybe Block laying off a ton of employees is a sign that AI is gonna destroy everything,” he wrote on X. “Or maybe the stock is down 80% from the highs and they overhired and AI is a convenient excuse.”

Jason Calacanis

Jason Calacanis, angel investor and co-host of the “All-In” podcast, praised Dorsey for the cuts.

“Leadership is hard, but this feels like (another) visionary move,” he said on X. “Have never sold a share, since being a private investor in square.”

Jessica Verrilli

“Feels inevitable this is about to ripple through every public company,” Jessica Verrilli, cofounder of VC firm Adverb Ventures, said on X. “We’ve gotta find a way to make everyone an owner w/ some exposure to the upside as the # of employees falls off a cliff.”

Shaun Maguire

“Respect to @jack for doing the hard thing,” Shaun Maguire, partner at Sequoia Capital, wrote on X. “While doing it intentionally and owning the decision.”

Clara Shih

“Square is just the beginning,” Clara Shih, a startup investor and senior advisor at Meta, said in an X post. “Every CEO faces the same decision today that manufacturing CEOs did in 2000: do a big layoff or your competitor will, pass on cost savings to customers and investors, and beat you.”

“In 2000, jobs were lost to Shenzhen. In 2026, jobs will be lost to AI,” she added.

Matt Shumer

Matt Shumer, an AI CEO who wrote the viral “Something Big is Happening” essay earlier this month, said this is “one of the first major examples of AI driving layoffs, but certainly not the last.”

“If you’re saying ‘this won’t happen to me’, re-evaluate your thoughts. Now,” he said on X. “It may be the most important thing you do.”




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Career tips for creators from 5 of Steve Jobs’ powerful friends on what would have been his 71st birthday

Late Apple cofounder Steve Jobs had a variety of powerful friends, and they’re honoring his legacy by sharing their recipes for success.

To celebrate his birthday on Tuesday, the Steve Jobs Archive released two collections of letters from business leaders, designers, writers, and more.

The entries were originally distributed to 2023 and 2024 fellows of the SJA program for young creators, and they’ve been compiled into two volumes titled “Letters to a Young Creator.”

The volumes feature the words of advice from tech trailblazers like Tim Cook and Jony Ive, to successful businessmen Bob Iger and Arthur Rock, to creative minds like Pixar’s Pete Docter and filmmaker Jon Chu.

Some wove their lessons together with personal anecdotes about their relationships with Jobs, while others laid out lists to aid in the creative process.

Tuesday would’ve been Jobs’ 71st birthday. The former Apple CEO died in 2011 after living with pancreatic cancer for a number of years. Jobs became known for his inspirational public speeches and quotes shared by those who worked closely with him.

Volume one of “Letters To a Young Creator” ends with an email Jobs sent to himself in 2010. In the note, he reflected on how his appreciation for human creativity.

“I love and admire my species, living and dead, and am totally dependent on them for my life and well being,” Jobs wrote.

In volume two, Jobs referred to himself in a 1984 quote as a student.

“Don’t take it all too seriously,” he concluded.

Here’s what his friends had to say about pursuing success as a young creator.

Tim Cook posed one question to young creators


Apple CEO Tim Cook

Apple CEO Tim Cook took over for Jobs in 2011.

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Cook took over as CEO in 2011 after Jobs stepped down to focus on his health. Before his death, the pair worked closely together at Apple. Cook has been with the company since he met Jobs in 1998.

In his 2024 letter, Cook described the fateful meeting that led to a decadeslong career at one of the biggest tech companies in the world. He said he was warned against taking a job at Apple as the company had been struggling around that time. One conversation with Jobs changed everything.

“I had never met someone with so much passion and vision,” Cook wrote. “I knew I had to be a part of it.”

His advice to young creators facing similar decisions on their future career paths was to ask themselves one question.

“And so when you imagine your future, and the winding path that is laid before you, remember the question you should ask is not ‘What will happen?’ but ‘Who will I be when it does?'” Cook said.

Jony Ive said that Jobs liked to focus on ideas


Former chief design officer of Apple Jony Ive

Former chief design officer of Apple Jony Ive worked closely with Jobs.

Mike Windle/Getty Images



Ive, Apple’s former design chief, worked with Jobs for nearly 15 years. The pair would often have lunch together as they came up with ideas that led to successful products like the iPhone.

Ive wrote about his relationship with Jobs.

“His insatiable curiosity was not limited or distracted by his knowledge or expertise, nor was it casual or passive,” Ive wrote. “It was ferocious, energetic, and restless.”

Ive and Jobs connected over their shared curiosity. He encouraged people to be like Jobs and show their admiration for humans by being creators themselves. According to Ive, Jobs was focused on ideas rather than the problems that come along with them.

“Ideas are fragile. If they were resolved, they would not be ideas, they would be products. It takes determined effort not to be consumed by the problems of a new idea,” Ive wrote.

Pete Docter listed tips that help his creative process along


Pixar's Pete Docter

Pete Docter directed several Pixar movies.

LISA O’CONNOR/AFP via Getty Images



Docter is the chief creative officer at Pixar, which Jobs owned before Apple’s comeback. In recent years, Docter has been vocal about the intersection of tech and animation, saying artificial intelligence won’t fully replace humans in filmmaking.

He’s known for directing hit animated movies like “Monsters, Inc.,” “Up,” “Inside Out,” and “Soul.”

Docter laid out nine tips that he uses in his own creative process. Here are three of them:

  1. Start with whatever shows up. Go as far as you can on that initial confidence and enthusiasm.
  2. Start fast and rough; worry about details later.
  3. Each day, start by pretending you’ve never seen it before, with no expectations or preconceptions. Take it in as your audience will: see what it is, not what you HOPE it is. Then change or add to make it better.

Bob Iger said to take risks


GREEN BAY, WISCONSIN - NOVEMBER 10: Walt Disney Company CEO Bob Iger looks on prior to the game between the Philadelphia Eagles and the Green Bay Packers at Lambeau Field on November 10, 2025 in Green Bay, Wisconsin. (Photo by Michael Reaves/Getty Images)

Disney CEO Bob Iger led the acquisition of Pixar in 2006.

Michael Reaves/Getty Images



Iger has had two stints as Disney’s CEO, starting in 2005. The media giant acquired Pixar in 2006. Jobs became a member of Disney’s board of directors as part of the deal.

In true Disney fashion, Iger wrote about “magic and wonder” in his letter to creators. He remarked that creativity can’t be reduced to math or science.

Being risk-averse, he said, is the “death of creativity.”

“Second-guessing creative decisions is a perilous endeavor. Learn from creative mistakes, and never second-guess why things were made,” Iger wrote. “Instead, ask how they could have been made better.”

Arthur Rock said it’s all about who you keep around

Rock is an iconic Silicon Valley investor behind Intel, Xerox, and Apple. The 99-year-old wrote his 2025 letter about what makes a good leader.

“A good leader chooses good people,” he said.

Execution outweighs ideas, according to Rock, and finding people who can execute is essential. It’s the traits that money can’t buy, like “fire in the belly,” that Rock learned to identify throughout his decades as a venture capitalist.

“You want people who know what they can do, and do it. Even more important: You want people who know what they don’t know,” Rock said.




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The author of a viral AI report warns that blue-collar jobs won’t be safe from an AI-driven recession

The coauthor of an AI research paper is speaking out after his work triggered a global stock sell-off.

Citrini, a firm focused on thematic equity investing, alongside Alap Shah, CEO of Littlebird.ai, theorized a future where, instead of transforming the economy in a positive way, the AI boom erases white-collar jobs and severely reduces the spending power of those workers, and eventually stunts economic growth.

On Monday, Shah told “TBPN” podcast hosts John Coogan and Jordi Hays that despite how well it seems to be going for blue-collar jobs at the moment in terms of growth and the lack of mass layoffs, these jobs won’t be safe if white collar jobs go away because ultimately, there is only “one labor market.”

“Let’s say in our scenario, we talk about 5% of folks might get fired in a couple of years,” said Shah. “Those 5%, if there aren’t white collar jobs for them to relocate into, then they’re going to have to move into the gig economy and the blue collar labor force.”

“And so that puts pressure on the entire labor market, not just the white collar one,” Shah added.

Shah and Citrini published a report on Sunday, written from a futuristic point of view set in 2028, that predicts a negative domino scenario triggered by the AI boom. The research theorizes that AI will kick off a mass white-collar layoff too quickly, which will then deal a blow to the metro housing and mortgage market, and eventually lead to a global stock sell-off and a widespread recession in all sectors. In this scenario, the paper said, AI growth could also lose momentum due to a lack of funding.

“The system turned out to be one long daisy chain of correlated bets on white-collar productivity growth,” the paper theorizes. “The November 2027 crash only served to accelerate all of the negative feedback loops already in place.”

Shah elaborated on these concerns on “TBPN.” When asked what he thinks of the current growth in the health and education sectors, Shah said most of it could be spurred by government spending, which would go away if personal income declines.

“Those sectors continue to grow because government spending grows,” said Shah. “But again, gets very circular if government spending is coming primarily from taxes and primarily payroll taxes because the average worker pays a lot more in taxes per dollar than the average corporate does.”




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