💼 Business & Startups

May 15th, 2026

Today's top 2 stories, curated by Daily Direct.

Fortune

AI is wiping out entry-level jobs. Here’s how colleges can fill the gap

Automation is quietly eliminating the entry-level roles that once served as career launchpads, forcing a reckoning for universities that have long relied on the job market to finish what the classroom started. With AI handling the grunt work of early careers, students risk graduating with credentials but without competence. Colleges must now build hands-on, applied experience directly into their curricula—or risk sending graduates into a workforce that has no place to put them.

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Fortune

‘Critical infrastructure for the AI era’: Cisco’s CEO on the earnings beat that sent shares to a record

Cisco posted record quarterly revenue of $15.8 billion, beating expectations and sending shares to an all-time high. The networking giant's AI-related orders nearly doubled to $9 billion, signaling that enterprise demand for AI infrastructure is accelerating fast. CEO Chuck Robbins is positioning Cisco not as a tech legacy play, but as the backbone companies need to actually run AI at scale.

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