Tech
How ‘Quiet Quitting’ Became The Next Phase Of The Great Resignation
“Quiet quitting” is having a moment. The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among Gen Zers.
Zaid Khan, 24, an engineer from New York, popularized this trend with his viral Tiktok video in July.
“You are still performing your duties, but you are no longer subscribing to the hustle culture mentally that work has to be our life,” Khan says in his video. “The reality is, it’s not, and your worth as a person is not defined by your labor.”
In the U.S., quiet quitting could also be a backlash to so-called hustle culture — the 24/7 startup grind popularized by figures like Gary Vaynerchuk and others.
“Quiet quitting is an antidote to hustle culture,” said Nadia De Ala, founder of Real You Leadership, who “quietly quit” her job about five years ago. “It is almost direct resistance and disruption of hustle culture. And I think it’s exciting that more people are doing it.”
Last year, the Great Resignation dominated the economic news cycle. Now, during the second half of 2022, it’s the quiet quitting trend that’s gaining momentum at a time when the rate of U.S. productivity is raising some concern. Data on U.S. worker productivity posted its biggest annual drop in the second quarter.
So, why is this trend on the rise? Watch the video above to learn whether quiet quitting is hurting the U.S. economy and how it’s being seen as part of the Great Resignation narrative.
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How ‘Quiet Quitting’ Became The Next Phase Of The Great Resignation
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Tech
CNBC Takes A First Look At Slate Auto’s $25,000 Modular Cars
CNBC’s Michael Wayland takes a first look at electric vehicle startup Slate Auto’s modular $25,000 pick up trucks. The cars are affordable and basic, with features that buyers can customize. That includes turning the truck into an SUV. The vehicles had more than 150,000 refundable reservations before their release, despite waning consumer demand in EVs in the U.S. The company is about to find out if the truck can disrupt the market.
Reporting by: Michael Wayland
Produced and Camera by: Natalie Rice
Edited by: Darren Geeter
Senior Managing Producer: Tala Hadavi
Additional Footage: Slate Auto
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CNBC Takes A First Look At Slate Auto’s $25,000 Modular Cars
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Tech
The Race To Power AI Is Reshaping America’s Electric Grid
AI data centers are driving unprecedented demand for electricity and putting renewed pressure on America’s power grid to modernize its equipment and develop greener, more efficient sources of power. Google, Meta, Microsoft and Amazon are all spending millions of dollars on local infrastructure upgrades and companies like SpaceXAI are even building off-grid power plants to power their data centers.
Google says its planned 780-megawatt data center in Pine Island, Minnesota, could offer a model for powering the AI boom. In a proposed agreement with Xcel Energy, Google says it will support 1,900 megawatts of new wind, solar and battery capacity, while minimum payments and exit fees are intended to protect local ratepayers if demand falls short.
CNBC examines whether projects like Pine Island can make the grid cleaner without shifting costs to existing customers, why some energy experts argue that smaller data centers could make better use of infrastructure already in place, and how utilities’ financial incentives can complicate efforts to build less.
Chapters:
0:00 – 2:06 Introduction
2:07 – 4:49 Off-grid solutions
4:50 – 9:00 Upgrading the grid
9:01 – 11:44 Smaller data centers
Produced by: Jeffrey Kopp
Senior Director of Video: Jeniece Pettitt
Tech Correspondent: MacKenzie Sigalos
Edited by: Erin Black, Matt Soto
Camera: Donny Rowles
Animation: Jason Reginato, Emily Park
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The Race To Power AI Is Reshaping America’s Electric Grid
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Tech
China’s Swagger After India’s iPhone 18 Leak
A leak by Indian supplier Tata Electronics, purportedly of the yet-to-be-released iPhone 18 Pro models, has become marketing gold for the Chinese government. The Communist Party paper, The Global Times, is using the leak – caused by a cyberattack – as a cautionary tale for Apple and other American companies that are in the process of diversifying their supply chains away from China. CNBC’s Eunice Yoon reports.
00:58 Correction: The location tag should be Beijing, China.
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China’s Swagger After India’s iPhone 18 Leak
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Tech
Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
Unstoppable demand for AI is leading to a capacity crunch on factory lines at the world’s leading chip manufacturer, Taiwan Semiconductor. And it could put a chokehold on AI’s ability to scale. Analysts tell CNBC that Nvidia, Apple, Broadcom, AMD and others are locked in an “extremely fierce” competition to get their GPUs, CPUs and custom AI chips made at TSMC. Capacity can’t come online fast enough, despite TSMC’s rush to build new fabs in Taiwan, Japan and Arizona, where has expanded investment to $265 billion. The strain has made one man at TSMC “the most popular person on the planet,” as chip start-ups and big name CEOs visit Taiwan to ask him for wafer allocation. It’s also created a rich opportunity for Intel, as customers look to the long-struggling foundry arm of the U.S. chip manufacturer for a second source.
Chapters:
0:00 Introduction
2:06 ‘Most popular person on the planet’
6:54 Making room for smaller players
9:10 Can new U.S. fabs ease the crunch?
Producer and Reporter: Katie Tarasov
Edited by: Matt Soto, Andrew Evers
Camera: Eddie Temborski, Robert Lampe, Evan Reinhardt
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Cerebras, D-Matrix, Getty Images, Intel, Nvidia, OpenAI, SpaceX, TSMC
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Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
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@gregdenson7544
December 20, 2023 at 9:45 am
Boasting about record profits then turning around and telling your employees that you can't afford to give raises is a recipe for quiet quitting.
Corporations have become complacent about expecting their employees to go above and beyond with no reward.
I think that time is over.
People are tired of doing the work of three for half the pay of one.
"No one wants to work anymore."
Wrong. No one wants to be exploited anymore.
Oh, and they're doing the 40 hours, they're just refusing to do the 60 to 80 hours.
@darkflame031
December 20, 2023 at 9:45 am
quiet quitters are not lazy. they are underpaid and overlooked so employers will get just only what they pay for……the minimum work 😁
@ds96521240
December 20, 2023 at 9:45 am
After having an experimental medical violation forced onto me by the employer i now do nothing and they can compensate me for the rest of my life by paying me everyweek to do less than minimum. I have quit but no way am i leaving.
@edgarcastro4421
December 20, 2023 at 9:45 am
They want you to go above and beyond but that pay doesn't go above and beyond. Also how often are employers going above and beyond to support employees and making sure employees are successful?
@anthonycolumbus4295
December 20, 2023 at 9:45 am
Going "above and beyond" means doing work you're not getting paid for.
@David-ho9nj
December 20, 2023 at 9:45 am
I have a job where when I clock out at 3:30 I clock out at 3:30. Unless I am specifically at work then I will check my email. Also my phone is not a work phone nor is my a PC a work PC at home. So why should it be involved with work…
@snapoffmonkeybranch1242
December 20, 2023 at 9:45 am
There is no limit to how much you can do for free, only how much you can be compensated for. And that is the problem.
@tuber6382
December 20, 2023 at 9:45 am
People are waking up to the deficiencies of capitalism
@harrisonrutledge5
December 20, 2023 at 9:45 am
I quiet quit every day.
@Jeff-ie2gj
December 20, 2023 at 9:45 am
People will do their job because it's what they were hired to do. If there's no incentive, rewards, or extra pay for "going above and beyond", why should they? Just get to work when you're supposed to, do your job, and go home. Very simple
@dustinneely
December 20, 2023 at 9:45 am
I've always "just done my job" since the 90s. If you're going above and beyond (extra work or unpaid overtime) you're a sucker. Your employer is not family. It is a job.
@TelviontaeNash
December 20, 2023 at 9:45 am
Message missed. WE DO THIS BECAUSE WE ARENT PAID WHAT WERE WORTH TO BEGIN WITH. Why would you expect me to do more for that same low wage. These companies REFUSE to pay us based on the cost of living and it’s a shame
@barrett7893
December 20, 2023 at 9:45 am
No, most Americans are getting fed up with how companies treat them and not paying them with they deserve!! We are completely fed up… if it wasn’t for us working for these companies and making them profits never seen before!! They would not be multibillionaires!
@maximumtrollmagic
December 20, 2023 at 9:45 am
Quiet quitting is a term used by people running quiet sweatshops.
@GwladYrHaf
December 20, 2023 at 9:45 am
Employers: after paid hours, no means no.
This shouldn’t be difficult to understand.
@jakoblindelof92
December 20, 2023 at 9:45 am
Really tthough? CNBC makes it sound like it is the employees market. Have a bsc in engineering and 5 year work experience, they still want 3 seperate interviews for a junior role. Perhaps I am doing it all wrong but I do not see this "power". Many engineers are also underemployed etc. I am not from the US though.
@Savatanica
December 20, 2023 at 9:45 am
As a former production manager and now a vice gm operations,i always tell my workers to quit working whenever they want within a day without any cut.If u are tired and not want to work anymore,go home,take a rest.And i see that they are more productive.Important thing is not working 8 hrs a day,it is being productive as much as you can,4 hrs 5 hrs it doesnt matter.
@GIGI-lv1qt
December 20, 2023 at 9:45 am
I have quite quit but I still get my work done but after work I work on my business key word mine
@victorsmith6713
December 20, 2023 at 9:45 am
Also there are companies that offer promotions and raises and after a certain time like maybe after year of employment. You don't get neither and they're reason is they've. No longer? Offer. It but the offer the day of when you get employed to that company.
@victorsmith6713
December 20, 2023 at 9:45 am
There's a lot of companies that expect you to work more than live less.
@SuperDagod1
December 20, 2023 at 9:45 am
I’m not burned out. I’m not working extra without pay, or working during my lunch or two other odds and ends. I also don’t check work emails until I get to work
@ThePredator315000
December 20, 2023 at 9:45 am
Good doesn't beget good, the corporate world is just about favortism and values are not upheld most of the time. Burnout is common as employees do not see the value of putting in more with measly wage increase and living cost soaring into the stratosphere. First world problem are rife with being overworked and underpaid. World leaders need to grasp the root of the issue and remedy it…
@dominictarrsailing
December 20, 2023 at 9:45 am
I wonder what those stock footage models are thinking? ah okay pretend I'm working…