Rich Dad Poor Dad author Robert Kiyosaki warns that an unprecedented global downturn is underway as artificial intelligence begins to replace human workforces. In a new post on X, Kiyosaki says that the economic crash he has foretold for more than a decade has now arrived. “In 2013, I published Rich Dad’s Prophecy, predicting that the biggest crash in history was coming. Unfortunately, that crash has arrived. It’s not just the US. Europe and Asia are crashing.” Kiyosaki links the downturn to what he believes will be widespread job losses caused by AI systems in offices and other industries. “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.
Banking giant JPMorgan Chase warns that investors appear to have forgotten that markets don’t go up in a straight line. In a new CNBC interview, Bill Eigen, JPMorgan Asset Management CIO of absolute return fixed income, says Oracle’s (ORCL) rising credit risk is a warning sign that investors have grown too comfortable in a highly leveraged market. He highlights that credit default swaps (CDS) for Oracle have skyrocketed in recent months, indicating that traders and investors are rushing in to buy protection in the event the tech giant defaults on its debts. “Oracle, especially their CDS is blown out from…
A billionaire and prominent tech investor says the early land grab phase of artificial intelligence is ending as the market fragments into multiple domains with different leaders. In a new episode of the All-In Podcast, Chamath Palihapitiya notes that chip and model ecosystems are no longer converging around a single dominant player. “But I also think that what we are quickly seeing is that there is going to be a highly fragmented layer of decoding chips that exist in the marketplace. Grok is one. TPU is one. Microsoft has a spin, Amazon has Inferentia. Facebook has a spin, and is…
Morgan Stanley says the artificial intelligence buildout is unleashing a historic wave of borrowing across the largest technology companies. In a new episode of the Thoughts on the Market podcast, Morgan Stanley’s head of corporate credit research, Andrew Sheets, says hyperscalers need enormous capital to expand data center infrastructure for cloud and AI ambitions. He notes that the bank estimates spending of about $470 billion this year and $620 billion next year. “That is over $1 trillion of spending in just a two-year period, and it is still growing.” Sheets says about half of the cost can be funded through…
A new analysis from Barclays shows shoppers are becoming more vulnerable to costly online fraud as artificial intelligence makes scams harder to detect. In a fresh post, the bank finds that three in four UK adults now believe AI has made online scams more convincing, and only one in three feels confident they could spot an AI-generated scam while shopping. Shoppers say fake reviews and counterfeit retail sites are increasingly difficult to identify. Nearly half report rising distrust of what they see online. “Shoppers say AI is making fake reviews (47%), fake websites (45%) and fake social media ads (37%)…
A new analysis shows generative AI is quickly moving from curiosity phase to everyday tool as mobile engagement accelerates at a rapid pace. In its 2025 Generative AI Landscape: From Platforms to Pathways report, market intelligence firm Similarweb finds that generative AI monthly web visits have soared to 7 billion per month on average from October 2024 to September 2025. The figure represents a 76% climb versus the previous year. Meanwhile, app downloads have surged to 1.9 billion over the same time period, up 319% on a year-over-year basis. “The adoption of Gen AI platforms has accelerated dramatically, signalling a…
Payments giant Visa says a new wave of autonomous AI agents is rapidly transforming online fraud into a faster and more dangerous threat. Visa says agentic AI is enabling criminal networks to automate the work once handled by coordinated teams of human scammers. The firm reports a more than 450% increase over six months in dark web posts referencing “AI agent,” reflecting rising demand for automated fraud tools. “What once required coordinated teams of skilled fraudsters can now be executed by AI, automating workflows necessary to design and deploy scams, tailoring social engineering tactics, and rapidly creating convincing criminal infrastructures…
A top tech analyst says the current market pullback is a golden opportunity to buy leading AI companies before the next leg of growth. In a new post on X, Wedbush’s Dan Ives says market bears have a history of dismissing breakthrough technologies that later redefine entire industries. He notes that pessimists made the same mistake with Apple before the iPhone changed the world and Netflix disrupted home entertainment. “In 2008, most investors denied that Apple’s iPhone was going to be anything more than a one-year AT&T-led mobile phone cycle… They mocked Netflix in 2007 and Reed Hastings on the…
AI bubble fears appear to be manifesting in the stock market as mega-cap names lose more than a fifth of their value from record-high levels hit this year. Leading the AI drawdown is the OpenAI partner Oracle (ORCL), which saw its stock surge to an all-time high of $345.72 after signing a $300 billion deal with the ChatGPT creator. But since its one-day rally of 43% on September 10th, ORCL has been plunging, trading at $198.76 as of Friday’s close and down more than 42% from its record level. Another slumping AI name is Palantir (PLTR), a stock that has…
ARK Invest’s Cathie Wood says today’s artificial intelligence surge is fundamentally different from the speculative excess that defined the dot-com mania. In a new ARK Invest webinar, the star fund manager highlights that the technology underpinning AI is far more advanced and ready for widespread adoption across industries. “And this, in comparison to what was going on in the tech and telecom bubble, is night and day… Back then, the technologies were not ready. The costs were way too high. We did not get the cloud until 2006. We did not get the first real breakthrough in AI until 2012,…