Anthropic CEO Dario Amodei says that while an AI-powered future could deliver explosive economic growth, it could also push wealth concentration into levels that ultimately fracture society. In his new essay, dubbed The Adolescence of Technology, Amodei says that in the age of AI, economic growth and innovation would be the least of society’s worries. “But in a scenario where GDP growth is 10–20% a year, and AI is rapidly taking over the economy, yet single individuals hold appreciable fractions of the GDP, innovation is not the thing to worry about. The thing to worry about is a level of…
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 new strain of Android malware is quietly infecting smartphones through modded games and popular apps, transforming unsuspecting users, including children, into participants in large-scale cybercrime operations. According to cybersecurity firm Dr. Web, the Android.Phantom trojan family is being distributed primarily through altered versions of mobile games hosted on third-party app catalogs, with Xiaomi’s GetApps platform identified as a major delivery channel. The infected apps masquerade as harmless games, many of them designed to appeal to younger users, before activating malicious code in the background. Dr. Web researchers say the malware is introduced through game updates rather than the original…
OpenAI is signaling just how valuable it believes ChatGPT’s attention is as it prepares to roll out advertising, with pricing that rivals the most premium ad inventory in media. The Information’s Ann Gehan says OpenAI has been floating ad prices of roughly $60 per 1,000 views for participants in its initial advertising pilot, a level more commonly associated with marquee live sports broadcasts than digital platforms. Gehan says OpenAI is pursuing a per-view pricing model that places ChatGPT ads at the very top end of the advertising market. “The price that OpenAI has been floating with potential participants in the…
Microsoft is unveiling Maia 200, a new in-house AI inference accelerator designed to sharply reduce the cost of running large language models at scale. In a new announcement, the company says Maia 200 is engineered specifically for inference, the phase where AI models generate responses in real time based on unseen data. Inference is a growing cost center for hyperscalers as usage of tools like Copilot and frontier models accelerates. Maia 200 is built on TSMC’s 3-nanometer process and features native FP8 and FP4 tensor cores, alongside a redesigned memory system with 216GB of HBM3e delivering 7 terabytes per second…
A legendary Fidelity investor says silver is witnessing a structural repricing driven by forces that have little to do with speculation and everything to do with industrial necessity, geopolitics and physical supply constraints. In a new X post, George Noble says that silver is witnessing a surge in demand amid the AI-driven technological revolution. Noble also highlights that companies will continue to buy the metal regardless of the price, indicating a sustained bid for physical silver. “The industrial demand trap: unlike gold, silver isn’t primarily a monetary metal. Industrial demand now represents 59% of total consumption. Solar panels. EVs. AI…
Amazon CEO Andy Jassy says artificial intelligence is already changing how labor gets done across the economy, particularly in white-collar jobs where companies historically scaled by simply adding more people. In a recent interview with The Information, Jassy says AI is not a job-killer, but a force that will compress labor needs by automating large portions of routine work across technical and knowledge-based roles. “And my own view is that in the short term, quite a short to medium term, that you will find that a number of jobs that we’ve just thrown people at over the last 20 years,…
The chief executive of a $350 billion AI startup is sounding the alarm about the exponential pace of AI development, believing that tech will be able to do nearly all human jobs in just a few years. In a new essay titled The Adolescence of Technology, Dario Amodei says his predicted AI-driven labor market disruption cannot be viewed through the lens of past technological breakthroughs, such as the agricultural or the Internet revolutions. According to Amodei, the pace of AI progress is at breakneck speed and may continue to accelerate as artificial intelligence agents write code themselves. “For example, in…
Michael Burry says GameStop’s transformation under CEO Ryan Cohen resembles an old and disciplined playbook pioneered by Warren Buffett. In a new Substack post, the Scion Asset Management founder says Cohen’s strategy is a capital-allocation exercise built around patience, balance-sheet repair and opportunistic acquisitions rather than retail enthusiasm. Burry recalls Buffett’s decision to shut down his hedge fund in the 1960s and refocus Berkshire Hathaway as a holding company, using unconventional metrics to measure long-term performance. “When Warren Buffett ended his hedge fund in 1969 and turned his focus on Berkshire Hathaway as a holding company, he began what was…
Bill Gates says AI has not yet fully hit the US labor market, but he believes the impact is coming soon and will reshape both white-collar and blue-collar work. Speaking in a CNBC interview at the World Economic Forum in Davos, the Microsoft co-founder outlines a clear timeline for when AI-driven disruption is likely to become visible across different parts of the economy. Gates says the current softness in the labor market has not been decisively driven by AI so far, but warns that the next several years will look very different, especially for office-based roles. “Maybe not to date,…
The chief executive of stablecoin issuer Circle says the convergence of three technologies will enable people to receive loans at a pace never seen before. In a new interview on the All-In Podcast, Jeremy Allaire says digital dollars like USDC will fully power software-based credit markets, removing many of the frictions that slow lending today. According to Allaire, stablecoins make it possible to underwrite real economic activity directly, while pricing risk and insurance algorithmically. “If you have these digital cash things, like USDC, you can create lending protocols that are lending for, ‘I want to hire a new employee, or…