Banking titan JPMorgan says investor anxiety about artificial intelligence is triggering sell-offs that may be missing a major long-term trend. In a new note, the bank’s private banking division says markets often react to AI breakthroughs by assuming entire industries will soon disappear. “It’s become a familiar pattern: A new artificial intelligence model proves it can do a human task. Suddenly, it’s assumed that progress now will make certain jobs obsolete later. Investors panic.” According to JPMorgan, one sector hit by the panic is cybersecurity, as investors assume that machines will take over workflows. But the bank believes that AI…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
With over 900 million people using ChatGPT every week, OpenAI says it is expanding features to address concerns about mental health and family protection. In a new update, OpenAI says ChatGPT will soon have a “trusted contact” feature, allowing adults to designate a person who can receive a notification when support is needed. Meanwhile, parents can already receive alerts about their teens’ use of ChatGPT via existing parental controls. The AI startup adds that it is improving its systems to detect and respond to signs of emotional distress during conversations. “This includes new evaluation methods that simulate extended mental health-related…
The U.S. Supreme Court has shut its doors on taking up a closely watched case over whether AI-generated art can be copyrighted. The dispute centers on a copyright application filed by Missouri computer scientist Stephen Thaler for a piece of visual art created by his AI system known as DABUS, reports Reuters. Thaler applied for federal copyright protection in 2018 for the image titled “A Recent Entrance to Paradise,” which he said was generated autonomously by the AI system. The artwork depicts train tracks entering a portal surrounded by green and purple plant-like imagery. The U.S. Copyright Office rejected the…
Billionaire Ken Fisher says the current AI boom cycle has three basic, surface-level similarities with the dot-com bubble and nothing else. In a new video update, the Fisher Investments founder says that while the similarities between the two tech cycles exist, the underlying financial structure is starkly different. “I understand why a lot of people who are wrong think they’re similar. Why? Two basic reasons. Valuations are high, one. And two, it’s tech-led. Oh, I guess there’s a third. They both have expectations about good things that this technology will deliver ahead, as the 1990s did for the internet, and…
Famed market bear Michael Burry warns that the next pullback could be worse than the one witnessed in April 2025, when the S&P 500 plunged over 15% in just a month. In a new Substack post, the Big Short investor says it’s been 34 years since the Dow Jones Industrial Average and the S&P 500 touched the average Shiller Cyclically Adjusted PE. Burry notes that four predictable forces have lifted the markets to overvalued territory for more than three decades, a feat that has “never happened before.” “The passive investing structural bid, the stock buyback structural bid, the demographic engine,…
Billionaire Ray Dalio is sounding the alarm about investor enthusiasm in artificial intelligence companies. In a new All-In Podcast interview, the investor warns that most investors see the technology and the tech companies as one and the same. According to Dalio, the inability to see the difference between the tech and the companies has often led to investor losses. “I think when we look at the bubble question on AI, what a lot of people don’t realize in bubbles is that through all technologies, they think that they are betting on the technology when they buy the stocks in the…
Sam Altman says OpenAI has amended its agreement with the Department of War to clarify limits around domestic surveillance and intelligence use. In a new post on X, the OpenAI chief executive says both sides agreed to add explicit civil liberties language to the contract following public scrutiny. “We have been working with the DoW to make some additions in our agreement to make our principles very clear. • Consistent with applicable laws, including the Fourth Amendment to the United States Constitution, National Security Act of 1947, FISA Act of 1978, the AI system shall not be intentionally used for…
A senior JPMorgan credit executive says investors are missing a golden opportunity as the market has become too focused on dumping AI losers. In a new Bloomberg interview, Sanjay Jhamna, JPMorgan Chase’s global head of credit trading, says periods of rapid productivity growth typically bring volatility as a new order emerges. “Every time that you’ve got like a tremendous productivity boost, there will be some consolidation. And that’s what the market has been focused on, which are who are going to be the losers.” But Jhamna notes that the more important story may be which companies rise to the top…
ARK Invest is pushing back against a viral research note that warned AI could trigger a 10.2% unemployment rate and economic depression. In a response to Citrini Research’s 2028 scenario, ARK says the “Ghost GDP” thesis misunderstands how capital flows through the economy. The Citrini report suggested that AI-driven layoffs would spark a downward spiral, as companies cut workers, reinvest in automation, and erode consumer spending power. ARK Invest notes that while the scenario echoes the concerns of millions of Americans, it falls flat when seen through the lens of the real economy. “The scenario is vivid, superficially consistent, but…
Elon Musk says China’s domestic chip industry may close the raw compute gap with Taiwan within a few years. In a new post on X, the Tesla and xAI CEO says that while China may lag on efficiency, its output could become competitive sooner than many expect. “Yeah, I will be surprised if domestic chip production in China is not competitive with Taiwan in raw compute, albeit less power efficient, within three to five years.” Musk adds that physics itself is beginning to slow the pace of chip miniaturization. “There are also significant diminishing returns to reducing element size on…