A new nationwide survey reveals the growing unease among American professionals as AI reshapes the labor market. The Access to Professional Services Report by Pearl.com, conducted with Censuswide across 2,000 US adults, found that 39% of white-collar workers would sacrifice up to a quarter of their salary if it guaranteed AI wouldn’t replace them. Among blue-collar workers, 30% said they would do the same. The sentiment aligns with broader anxiety over AI’s long-term impact. A third of blue-collar employees now believe more than half their daily tasks could be handled by AI within five years, while half of white-collar respondents…
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.
A University of Nebraska Omaha (UNO) economist warns of a looming threat from the massive overuse of AI. Zhigang Feng, associate professor of economics at UNO, says the real threat from AI isn’t rebellion or domination but erosion: a gradual decay of human creativity and critical thought as people increasingly outsource thinking to algorithms. Feng, who specializes in macroeconomics and computational modeling, says he coined the term “Middle-Intelligence Trap” to describe how humanity risks getting stuck in an intellectual limbo. “We’re eagerly handing over basic cognitive tasks to machines, mistaking their efficiency for our own evolution. But instead of using…
An investment bank founded in 1895 warns that it is within the realm of possibility for the S&P 500 to drop to a level not seen since June of this year. In a new CNBC interview, Piper Sandler chief market technician Craig Johnson says the S&P 500 is flashing a bearish signal, leading him to believe that the sell-off is not yet over. He also notes that the weekly relative strength index (RSI), a momentum indicator, is waning, which could indicate a repeat of a correction witnessed earlier this year. “When we look at one of our indicators that we’ve…
A sharp market sell-off is testing investor sentiment after one of the strongest rallies of the year, but Fundstrat’s Tom Lee says the drop may be exactly what the market needs. In a new CNBC interview, the Wall Street strategist, known for his bullish outlooks on US equities, says the latest pullback is “overdue” following months of gains. He points out that the surge in the CBOE Volatility Index (VIX) is a sign of a healthy reset, not the start of a broader downturn. “We’ve had a nice rise of 36% since the April lows. I believe today’s decline is…
Crypto derivatives traders are witnessing more than $10 billion in losses after US President Donald Trump imposed punitive sanctions on China. Data from the crypto data aggregator Coinglass shows that in the past 24 hours, 1,528,184 traders were liquidated to the tune of $9.59 billion. Traders who went long on crypto suffered $8.03 billion in losses, while those trying to short the market added $1.57 billion to the count. Leading the list is Bitcoin (BTC) with $2.20 billion in longs and nearly $300 million in shorts liquidated in the last 24 hours. Ethereum (ETH) comes in at number two with…
Former Google CEO Eric Schmidt warns that America’s artificial intelligence ambitions could collapse under the weight of its own infrastructure limits. In an Imagination in Action interview hosted by Google Gemini, Schmidt estimates that the US will need to construct the equivalent of more than 60 large nuclear reactors in just five years to power AI workloads. Without it, he warns, the nation risks losing its technological edge to China, which has already solved its energy bottlenecks. “We looked at the amount of electricity required in the United States to power the expected demand of data centers. And we needed…
Trillion-dollar asset manager T. Rowe Price says the next wave of artificial intelligence growth will be driven by agentic AI and robotics. In a new CNBC interview, the firm’s portfolio manager, Tony Wang, says the stock market’s next phase will favor companies enabling AI’s physical and cognitive expansion. He highlights that demand will come from the enterprise adoption of AI agents and robotics. “I think that with every new market, there’s a lot of new demand drivers that will materialize, but you can’t see at the present day. What I’m looking forward to in monitoring is agentic AI. I think…
Wall Street’s most valuable chipmaker, Nvidia (NVDA), is getting a double boost — a bullish new forecast from Cantor Fitzgerald and a rare export approval from Washington that could deepen its global AI footprint. In an investor note, Cantor raised its price target on Nvidia to $300 from $240 after meetings with CEO Jensen Huang, CFO Colette Kress, and other senior executives in New York, where the tech giant unveiled its vision for the massive AI infrastructure buildout, reports Investing.com. The firm kept its Overweight rating, describing the AI market as an expanding multi-trillion-dollar push rather than a bubble. The…
A new report from blockchain analytics firm Elliptic warns that artificial intelligence is reshaping the landscape of financial crime, with scammers deploying AI deepfakes of politicians and celebrities to promote fraudulent investment schemes. The findings, published in Elliptic’s Typologies Report, reveal that criminals are now using generative AI to produce highly convincing fake content, combining cloned voices, synthetic faces, and fabricated endorsements, to trick victims into sending crypto funds. Elliptic says these scams are part of a broader trend where AI tools originally built for legitimate business and marketing are now being turned into engines of deception. The firm’s researchers…
A new international study warns that AI is now cutting deeper into the global workforce, with the majority of business leaders acknowledging that headcount is already shrinking as automation accelerates across industries. The Flourishing in the AI Workforce report from the British Standards Institution (BSI) drew from more than 850 leaders across eight major economies. The data shows that more than half of executives surveyed say AI is helping to cut jobs, with early-career roles hit hardest, highlighting a wave of workforce contraction unfolding alongside investments in automation. “Although the majority were in agreement that AI is helping to reduce…