Tag: #market-impact6 results
Elon Musk's post claims AGI will fully deploy in 2026, causing US stocks to crash. He forecasts half of white-collar jobs vanishing in 3-5 years as AI performs information work at zero cost. This serious prediction marks a shift from his usual jokes.
Chinese startup Moonshot AI has launched a new artificial intelligence model that is gaining global attention. The release has significantly impacted international stock markets due to the model's advanced capabilities.
Trump acknowledges AI's market effects outweigh Iran tensions. His China visit is deemed crucial. Teaser includes other news like inflation metrics and airline fees.
A senior White House economist labeled a recent Citrini AI report on artificial intelligence risks as 'science fiction.' The report had previously unsettled stock markets. This dismissal downplays concerns over AI's potential dangers.
Citadel Securities' research note argues rapid AI expansion won't cause mass job losses. It counters a Citrini report that disrupted markets this week. The note provides a more optimistic view on AI's labor impact.
Anthropic PBC's AI tools have sent shockwaves through financial markets, boosting the closely held startup's prominence. Equity investors face limited options to capitalize on this rise.