Federal Reserve Governor Christopher Waller says AI could reshape the US labor market in ways that monetary policy cannot address. In a new Bloomberg interview, Waller says the rise of AI has made it more difficult to read the underlying trends in the economy. He notes that firms are hesitating to hire while they wait to understand how automation and data center investments will affect productivity and staffing needs. He also says many companies are taking a wait-and-see approach, unsure whether AI will immediately replace workers or simply reallocate demand. “Then you have this AI story, which was people like,…
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.
Treasury Secretary Scott Bessent believes the United States is entering a new phase of industrial expansion, fueled by trillions of dollars in capital expenditures (CapEx) tied to AI and advanced manufacturing. In an interview at CNBC’s Invest in America Forum, Bessent says the scale of investment underway will reshape the labor market in the years ahead, driving an employment surge that typically follows major industrial buildouts. His comments come as both private and public sectors pour record sums into AI infrastructure, chip fabrication, and pharmaceutical capacity. “And what always follows a CapEx boom is an employment boom… It may affect…
A new global study from The Adecco Group shows employees are using AI to expand their capabilities rather than fade into irrelevance. The survey covered 37,500 employees across 21 industries and 31 countries, including countries in the Americas, Europe, the Middle East, and Africa (EMEA) and the Asia-Pacific. Adecco finds that most respondents see AI as a catalyst for new skills and higher-value work, not a destroyer of jobs. While some fear automation, the numbers show optimism and adaptation have taken the lead, as nearly 8 in 10 employees say AI has stretched their capabilities. “Workers seem to be largely…
Microsoft says artificial intelligence is now central to state-backed disinformation, marking a new phase in digital warfare where propaganda is cheap, fast and nearly impossible to trace. In its Digital Defense Report 2025, Microsoft identifies China, Russia, and Iran as the leading nation-state actors exploiting AI to produce and distribute synthetic content at scale. The company’s analysts say the technology has transformed online influence operations from sporadic experiments into sustained campaigns targeting governments, voters and institutions worldwide. The company’s analysts say the technology has transformed online influence operations from sporadic experiments into sustained campaigns. The report shows that AI-generated propaganda…
Anthropic is projecting one of the steepest growth curves in the AI sector as enterprise customers line up to boost the firm’s revenue. The AI startup, founded by former OpenAI leaders, expects its annualized revenue to reach $9 billion by the end of 2025 and surge as high as $26 billion in 2026, driven by the accelerating adoption of its enterprise products, reports Reuters. Two people with knowledge of the matter say Anthropic is targeting a $20 billion annual revenue run rate for 2026 as its base-case scenario, with the $26 billion figure projected for the best-case outcome. The acceleration…
JPMorgan CEO Jamie Dimon believes the AI boom will ultimately strengthen the US economy, even though it may carry elements of excess. In a new Fortune interview at the Most Powerful Women Summit in Washington, Dimon says AI-related capital expenditures (CapEx) are driving a meaningful share of US economic growth. Dimon says the current wave of investment is vast, spanning both digital and industrial infrastructure. “It’s 40% of the increase in GDP, which I forgot was 2.5%. So it was a big increase in CapEx. And remember that CapEx is roads and cement and steel and servers and connectors. It’s…
The rise of generative AI is creating new cybersecurity blind spots inside corporations, as IT heads themselves have become one of the biggest risks to their own networks. A new global report by security firm Arctic Wolf finds that the majority of IT leaders are now feeding sensitive data directly into AI tools. The company’s 2025 Human Risk Behavior Snapshot, based on a survey of 1,700 IT leaders and employees worldwide, paints a picture of escalating breaches fueled by human behavior rather than external hackers. “80% of IT leaders and 63% of employees are using generative AI tools for work—60%…
Billionaire Chamath Palihapitiya says the world’s largest technology firms should help offset the local costs of their massive energy footprints or risk public resistance that could slow the global race to build AI infrastructure. In a new post on X, the Social Capital founder points to two recent cases in which hyperscalers backed away from major data center projects after community opposition over electricity use. Palihapitiya questions whether these incidents were isolated or early signs of a broader backlash. “Google was about to lose a vote by the Indianapolis City Council and withdrew a proposal for a $1B data center.…
Most people around the world remain skeptical that generative AI will make their lives or society as a whole better, according to new research from the Reuters Institute for the Study of Journalism and Oxford University. The 2025 Digital News Report finds that optimism about AI’s impact on society remains limited, with more Americans now believing it will make things worse than better. The report asked respondents across six countries whether they believe generative AI will make their personal lives or society better or worse. Roughly half say it will make no difference or are unsure about its personal benefits…
Billionaire hedge fund manager Paul Tudor Jones says the conditions are brewing for another major leg higher in US equities. In a new Bloomberg interview, Jones says the AI rally may not meet the historical definition of a bubble, noting that valuations and price action are far more restrained than during past market manias. “Well, it’s so funny because you mentioned that 54% of fund managers think that we’re in an AI bubble. If it’s a bubble, it’s a small one. If you just think about, and again, how do you actually define bubbles? If you think about the bubbles…