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Season 2025
Episode 276
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SoCal Matters
CA's AI Boom Fuels Tax Revenue But Tech Jobs Continue to Fall
California is collecting a growing share of income tax revenue from the AI boom, driven by stock option withholding at major tech firms. Analysts warn the gains come with little job growth, rising unemployment and the risk that an AI bubble could burst, sharply cutting state revenue if markets turn.
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CA colleges spend big on Turnitin despite tech flaws and student backlash.
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