A former Goldman Sachs chief executive says financial markets have gone unusually long without the kind of crisis that forces investors to confront the real value of their assets. In a new interview with Bloomberg, Lloyd Blankfein says the global financial system has not experienced a true market “reckoning” since the 2008 financial crisis. Blankfein says that historically, financial markets often witness disruptions every few years that force investors to sell assets, raise cash, and reassess balance sheets. “We haven’t had a reckoning in a long time. What do I mean? What’s a reckoning? We haven’t had some disaster that…
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.
Google’s AI-powered search feature is increasingly directing users back to Google’s own services instead of outside websites. A new study from SEO analytics firm SE Ranking finds that Google’s “AI Mode” frequently cites Google.com and other Google-owned platforms when answering user queries. According to the analysis, Google.com is now the most cited source in AI Mode responses, jumping from 5.7% of citations in June 2025 to 17.42% by February 2026. The figure is also greater than the next six sources combined, including YouTube, Facebook, Reddit, Amazon, Indeed and Zillow. Researchers say the pattern often leads users deeper into Google’s ecosystem.…
Goldman Sachs economists say recession risks in the United States are rising again as the labor market weakens and new economic shocks emerge. In a new CNBC interview, Goldman Sachs chief economist Jan Hatzius says recent data shows job growth has been weaker than expected despite solid underlying economic activity. He also sees a developing energy shock amid tensions in the Middle East that could create additional economic pressure. “If I do take an average, though, it’s still a pretty weak labor market, with very little job growth and negative job growth if you take out healthcare, which is a…
Chicago Fed President Austan Goolsbee says policymakers are facing a difficult economic environment as signs of weakness begin appearing in the labor market. New data from the U.S. Bureau of Labor Statistics shows total nonfarm payroll employment declined by 92,000 in February while the unemployment rate held steady at 4.4%. The figure is a surprise to many analysts, after US jobs increased by 126,000 in January. Speaking in a Bloomberg interview, Goolsbee says the broader economy remains supported by strong consumer spending, even as inflation remains stubbornly above the central bank’s target. “The strongest thing in the economy is not…
The chief executive of the cloud-based content management platform Box believes that humans will take a backseat in software use. In a new CNBC interview, Box CEO Aaron Levie believes that software firms should now focus on designing their platforms for AI agents. According to Levie, the incoming massive shift to software infrastructure is critical as investors begin to ask questions about the future of the sector. “I think things are settling a little bit where people can open up and say, ‘OK, what parts of the stack are disrupted in different ways? What use cases are agents going to…
Big Short investor Michael Burry believes that tech titan Apple should acquire a Google and OpenAI rival before it turns profitable. In a new post on X, the controversial short-seller believes Apple has enough cash to acquire the Claude creator Anthropic. “Apple should buy Anthropic, good culture fit, and Anthropic just starting to race ahead, will be cash flow positive soon. Apple can afford it for now.” Data shows that as of December 2025, Apple holds a cash position of about $67 billion. But it currently has a market cap of $3.83 trillion. Meanwhile, Anthropic is reportedly gearing up for…
A new class action lawsuit is accusing Meta of misleading customers about how its AI-powered glasses handle personal data. In a complaint filed in the U.S. District Court for the Northern District of California, plaintiffs Gina Bartone and Mateo Canu, on behalf of all class members, allege that footage captured by Meta’s AI glasses was reviewed by human workers, including recordings of highly private moments inside users’ homes. The plaintiffs claim that videos captured by the AI glasses are transmitted to the company’s servers and sent to a subcontractor in Kenya, where human workers manually view and label the footage…
Former Goldman Sachs CEO Lloyd Blankfein believes that society should brace for the impact of AI on the US labor market. In an interview at Bloomberg Invest, Blankfein says that at the start of the 20th century, more than half of the country’s population worked in agriculture. While many found jobs in other areas following multiple Industrial Revolutions, Blankfein notes that the transition is not always smooth. “But it’s not without stresses and strains. Not everybody who’s a software programmer is going to become a Pilates teacher. And so there’ll be some stress and dislocation.” Blankfein adds that AI is…
AI startup Anthropic is unveiling a list of jobs with the highest exposure to AI automation. In its Labor Markets Impact of AI report, Anthropic says it used three data sources to come up with an automation exposure list, including the O*Net Database for tasks associated with US jobs, the Anthropic Economic Index for real-world Claude usage and data from the 2023 Eloundou et al. study for LLMs’ theoretical capabilities to complete a task at least twice as fast. The findings show that the most exposed job is computer programming with 74.5% coverage, meaning AI tools are already being used…
Morgan Stanley’s head of global technology investment banking says he’s keeping a close watch on one tech segment that’s holding up despite the recent market pullback. In a new CNBC interview, David Chen says the rush to build AI capacity has opened the floodgates for previously overlooked hardware and infrastructure plays. “Broadcom has been doing quite well. I would say just the semiconductor value chain in general. Semiconductor, but also just I think this massive surge in kind of AI compute has just created a ton of bottlenecks in the overall tech supply chain.” Chen believes that chip constraints will…