Opinion
SpaceX’s market debut jumped 19% on day one, lifting Elon Musk’s fortune past $1 trillion and making him the world’s first trillionaire, according to the Bloomberg index.
OpenAI’s new policy paper proposes a “public wealth fund” that hands every citizen a stake in AI-driven growth – but critics argue it just ties the public’s wellbeing to the tech industry’s boom-and-bust cycles instead of expanding tested safety nets.
A senior UK minister has warned that AI-driven job losses could make the welfare state unaffordable within a decade, echoing Anthropic’s prediction of mass white-collar unemployment.
Google co-founder Sergey Brin uses the game of Go to argue that AI pushes humans to improve rather than simply replacing them, even as the future-of-work debate intensifies.
Uber has capped employees at $1,500 a month per agentic coding tool after blowing its entire annual AI budget in four months — a sharp signal that enterprise AI’s return on investment is still unproven.
Enterprise AI is so expensive that CFOs are blowing annual budgets in weeks, and AI leaders say firms now openly weigh buying tokens against hiring — with smarter model routing the main escape valve.
From corporate stablecoins to programmable CBDCs and AI-driven money, this is a look at how currency could soon move faster than regulators and slip beyond purely human control.
WHY THIS MATTERS IN BRIEF Capitalism is based, predominantly, on the value of scarcity – of expertise, labour, skills –…
WHY THIS MATTERS IN BRIEF As countries like the UK try to enforce new high net worth individual tax rules…
WHY THIS MATTERS IN BRIEF Gawdat’s premise fails to account for historic economic adaptability, where automation consistently shifts human labor…
WHY THIS MATTERS IN BRIEF AGI is the point in time where AI starts taking over all jobs and beats…
WHY THIS MATTERS IN BRIEF If everything is abundant then the theory is deflation runs rampant and your dollar will…
