AI Leaders Predict 'Universal High Income' Future Beyond UBI

Leading figures in artificial intelligence are painting a radically optimistic picture of humanity’s future, where AI-driven abundance eliminates poverty and transforms work into an optional pursuit. Elon Musk, CEO of xAI and Tesla, envisions a world of “universal high income” where AI and robotics create such wealth that everyone becomes rich, making traditional universal basic income (UBI) unnecessary. “There will be no poverty in the future, and so no need to save …

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2026-01-03

AI Boom Fuels Billionaire Wealth: Top 10 Worth $2.5 Trillion

The world’s wealthiest individuals experienced unprecedented wealth growth in 2025, with the top 10 billionaires collectively surpassing $2.5 trillion in net worth—more than Amazon’s entire market capitalization. According to the Bloomberg Billionaires Index, this elite group gained $579 billion during the year, driven primarily by surging valuations in AI-focused technology companies.

Elon Musk led the pack with a staggering $187 billion increase, bringing his total net worth to …

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2026-01-02

AI Data Centers Drive RAM Shortage, Smartphone Prices to Rise in 2026

Smartphone prices are expected to increase significantly in 2026 due to an AI-driven memory shortage, according to a December 2025 report from International Data Corporation (IDC). The culprit behind this price hike is the reallocation of Random Access Memory (RAM) manufacturing away from consumer devices like smartphones and PCs toward AI data centers that require massive amounts of processing power.

As companies increasingly adopt AI tools and infrastructure, the demand for reliable processing …

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2026-01-02

AI Matchmaking Apps Tested: Can AI Find Your Perfect Date?

Two Business Insider journalists embarked on a weeks-long experiment to test whether AI-powered matchmaking apps could revolutionize their dating lives. They tested four platforms: Facebook Dating (with 21 million users), and smaller startups Sitch, Amata, and Three Day Rule—all promising to use artificial intelligence to find better matches and reduce dating app fatigue.

The experiment revealed mixed results. Amata emerged as the standout performer, successfully facilitating actual dates for …

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2026-01-02

AI Race 2026: Andreessen Horowitz Predicts ChatGPT vs Gemini Battle

Venture capital powerhouse Andreessen Horowitz has released its predictions for the AI landscape in 2026, with four partners debating the future of major consumer large language models (LLMs) on the firm’s podcast that aired December 29, 2025. The discussion centered on industry leaders including ChatGPT, Google’s Gemini, Claude, Cursor, Perplexity, and Grok.

Gemini’s multimedia capabilities could be a game-changer, according to Justine Moore, an investment partner at the firm. …

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2026-01-02

AI Tools Dominate Creator Economy Funding as VCs Shift Focus

The creator economy investment landscape has undergone a dramatic transformation in 2025, with artificial intelligence emerging as the dominant force attracting venture capital dollars. According to Business Insider’s analysis of PitchBook data, over a dozen creator economy startups raised at least $50 million each in 2025, with the majority of funding flowing away from traditional influencer-focused businesses toward AI-powered innovation.

AI content creation tools captured more than half …

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2026-01-02

China's AI Chip Boom: Biren IPO Surges 120% in Hong Kong Debut

Chinese AI chip designer Shanghai Biren Technology made a spectacular stock market debut, surging nearly 120% on the Hong Kong Stock Exchange by midday Friday, signaling unprecedented investor appetite for China’s homegrown AI hardware sector. The company raised $717 million (5.58 billion Hong Kong dollars) in its initial public offering, with shares opening at 35.70 Hong Kong dollars—well above the IPO price of 19.60 Hong Kong dollars.

The retail portion of the offering was subscribed …

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2026-01-02

DeepSeek's New AI Training Method Could Reshape Model Development

Chinese AI startup DeepSeek has unveiled a groundbreaking training methodology that analysts believe could fundamentally transform how large language models are developed and scaled. In a research paper published Wednesday and co-authored by founder Liang Wenfeng, the company introduced “Manifold-Constrained Hyper-Connections” (mHC), a novel approach designed to train AI models at scale without the instability issues that typically plague larger systems.

The core innovation addresses …

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2026-01-02

Elon Musk's Grok AI Faces Global Backlash Over Deepfake Abuse

Elon Musk’s Grok AI image generator is under international scrutiny after users exploited the platform to create nonconsensual sexualized deepfakes of real people, including minors. Over the past week, X users have manipulated Grok to digitally undress individuals in photos, generating fake images showing subjects with less clothing, in bikinis, or in altered body positions.

While some requests are consensual—such as OnlyFans creators modifying their own images—many involve nonconsensual …

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2026-01-02

Google Engineer Pivots to AI Safety Through Internal Hackathons

Emrick Donadei, a 32-year-old software engineer at Google based in New York, successfully transitioned from a traditional software engineering role to AI safety by leveraging internal company hackathons. When ChatGPT launched, Google intensified its focus on large language models (LLMs), creating new opportunities for employees to pivot into AI roles.

Initially, Donadei felt unqualified for AI positions, lacking what he perceived as the right credentials and hands-on experience with AI products. …

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2026-01-02

Xi Jinping Celebrates China's AI Dominance in 2025 New Year Address

In his annual New Year’s address on Wednesday, Chinese President Xi Jinping celebrated China’s significant achievements in artificial intelligence and technology throughout 2025, positioning the nation as a leading force in the global AI race. Xi emphasized that China has “integrated science and technology deeply with industries, and made a stream of new innovations,” highlighting the country’s rapid advancement in AI capabilities.

The Chinese leader specifically …

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2026-01-02

Yann LeCun Slams Meta's $14B Bet on Scale AI's Alexandr Wang

AI pioneer Yann LeCun has publicly criticized Meta’s massive $14 billion investment in Scale AI and the appointment of 28-year-old Alexandr Wang to lead Meta’s Superintelligence Labs. In a revealing interview with the Financial Times, LeCun—who served as Meta’s chief AI scientist before departing in November 2024 to launch his own startup—called Wang “inexperienced” and questioned his understanding of AI research culture.

The controversy stems from Meta CEO Mark …

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2026-01-02

57-Year-Old Executive Takes AI Course to Stay Competitive in Job Market

A 57-year-old business executive’s journey to upskill in artificial intelligence highlights the growing urgency for professionals across all age groups to adapt to the AI revolution. After being caught off-guard by an oil and gas CEO client who possessed more AI knowledge than he did, the executive realized his career was at risk if he couldn’t articulate AI’s business value.

The Wake-Up Call: During an initial client meeting about building a data warehouse for AI initiatives, …

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2026-01-01

AI Threatens Gig Workers: Trade Jobs Safer Than Tech Roles

Gig economy workers face an uncertain future as artificial intelligence threatens to automate many popular gig jobs, according to Tim Fung, founder and CEO of Airtasker. In a recent interview with Business Insider, Fung warned that the rapid expansion of AI usage poses significant risks to current gig workers, particularly those in ride-hailing and delivery services.

Major gig platforms like Uber, Lyft, and DoorDash are already deploying self-driving vehicles for some deliveries, signaling a …

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2026-01-01

AI-Powered Photo Booths Transform LA Event Industry

TikTok Photo Booth Los Angeles has announced the introduction of AI-powered photo and video booth technology for events, marking a significant advancement in the event entertainment industry. This innovative service combines artificial intelligence with traditional photo booth experiences to create enhanced, interactive entertainment options for various occasions including weddings, corporate events, parties, and social gatherings.

The AI-powered photo booth system represents a technological …

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2026-01-01

Amazon Alexa+ AI Assistant Kills Fish, Frustrates Beta Testers

Amazon’s AI-powered Alexa+ voice assistant is facing serious technical challenges, according to internal feedback from over 6,400 employee beta testers. The most dramatic incident involved an Amazon software engineer whose fish died after Alexa+ mistakenly turned off a power strip connected to an aquarium filter when asked to turn off a light. This incident highlights the erratic behavior plaguing Amazon’s long-delayed AI assistant upgrade.

Employee testers reported numerous critical …

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2026-01-01

BCG Transforms Into AI Product Company With 36,000 Custom GPTs

Boston Consulting Group (BCG) is undergoing a dramatic transformation from a traditional strategy consulting firm into a technology-driven AI product organization, according to Scott Wilder, a Dallas-based partner at the firm. The shift represents a fundamental reimagining of how consulting firms operate in the generative AI era.

BCG launched an internal R&D lab approximately 15 months ago, marking a strategic pivot toward building, implementing, and maintaining AI tools rather than solely …

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2026-01-01

BlackRock's AI-Driven Hiring: How Tech Transforms Recruitment

BlackRock, the world’s largest asset manager, has transformed its hiring process with AI technology, according to Nigel Williams, the firm’s head of talent acquisition. With an acceptance rate of less than 3% for early-career programs in the previous year, BlackRock received over 60,000 applications and offered approximately 1,500 positions globally for internship and analyst roles.

Williams revealed that AI has fundamentally transformed the hiring process at BlackRock, with the firm …

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2026-01-01

Congress Grapples With AI Use: Lawmakers Set Office Policies

Members of Congress are navigating the complex landscape of AI adoption in their offices, with lawmakers taking vastly different approaches to regulating artificial intelligence use among their staff. According to Business Insider interviews with nearly a dozen lawmakers in December, the Capitol Hill response ranges from enthusiastic embrace to outright prohibition.

Democratic Sen. Tim Kaine of Virginia represents the pragmatic middle ground, stating he’s comfortable with AI as a …

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2026-01-01

Elon Musk's Clown Lawyer Takes on OpenAI in Epic AI Legal Battle

The legal battle between Elon Musk and Sam Altman over the future of OpenAI has taken an unusual turn with the revelation that one of Musk’s key attorneys is a professional clown performer. Jaymie Parkkinen, a litigator at boutique firm Toberoff & Associates, has been at the forefront of the contentious discovery disputes in the San Francisco federal court case while simultaneously running his “Clown Cardio” business and performing high-concept physical comedy.

The lawsuit …

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2026-01-01

Google Loses Top AI Talent to Microsoft in 2024 Talent Wars

Google faced significant losses in the AI talent wars of 2024, with numerous high-profile engineers, scientists, and executives departing for competitors, particularly Microsoft. The exodus highlights the intensifying competition for AI expertise as Big Tech companies race to dominate the artificial intelligence landscape.

The rivalry between Google DeepMind and Microsoft’s AI division has become particularly personal, pitting two DeepMind cofounders against each other. Mustafa Suleyman, …

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2026-01-01

Instagram's Polished Grid Is Dead: AI Content Floods Social Media

Instagram head Adam Mosseri has declared the platform’s iconic polished aesthetic officially dead, attributing the shift to an overwhelming flood of AI-generated content that is fundamentally changing how users engage with social media. In a candid end-of-year message posted on Threads, the Meta executive explained that Instagram must evolve dramatically to cope with the proliferation of synthetic media created by AI tools.

Mosseri explained that Instagram’s carefully curated grid of …

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2026-01-01

Musk's Neuralink to Mass-Produce AI Brain Chips with Automated Surgery

Elon Musk has announced ambitious plans to dramatically scale Neuralink’s brain-computer interface production in 2025 and 2026, marking a significant milestone for the neurotechnology startup. In a Tuesday X post, Musk revealed that Neuralink “will start high-volume production of brain-computer interface devices” this year, signaling the company’s transition from experimental technology to commercial-scale manufacturing.

The most groundbreaking development is the planned …

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2026-01-01

Teens Master AI Vibe Coding: Building Apps Without Traditional Code

A 13-year-old and his 18-year-old sister are challenging the notion that age determines tech expertise, joining seasoned professionals in mastering vibe coding—a revolutionary approach to building AI-powered applications through prompting rather than traditional programming.

Usman Asif, just 13, and his sister Shanzey Asif, 18, attended a weekend vibe coding class in Singapore where they were surrounded by experienced tech executives from companies like Google, Oracle, and Amazon. Despite being …

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2026-01-01

Top Tech Executives Share Bold AI Predictions for 2026

As artificial intelligence enters its fourth year since ChatGPT’s groundbreaking launch, ten leading tech executives have shared their predictions for what 2026 will bring to the rapidly evolving AI landscape. The forecasts paint a picture of accelerated enterprise adoption, increased automation, and significant market consolidation.

Blackstone CTO John Stecher predicts an “acceleration” of enterprise AI adoption, particularly among larger companies that have lagged behind …

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2026-01-01

Big Four Consulting Firms Deploy 100K+ AI Agents, Cut Entry Jobs

The Big Four professional services firms—Deloitte, EY, PwC, and KPMG—are undergoing a massive AI transformation that is fundamentally reshaping their workforce, hiring practices, and service delivery models. In 2025, these consulting giants moved beyond experimentation to mainstream deployment of agentic AI systems across their operations.

Deloitte launched Zora AI with Nvidia, offering clients “intelligent digital workers” that autonomously complete tasks, and partnered with …

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2025-12-31

Global AI Business Summit Launches Jan 7 for Entrepreneurs

A free Global AI Business Summit is set to launch on January 7, targeting entrepreneurs and business owners looking to leverage artificial intelligence for marketing and sales operations. This virtual event represents a significant opportunity for businesses of all sizes to learn how to integrate AI technologies into their core business functions.

The summit comes at a critical time when AI adoption in business is accelerating rapidly, with companies across industries seeking to understand how …

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2025-12-31

Goldman Sachs: AI Boom Differs From Dot-Com Bubble, But GDP Impact Near Zero

Goldman Sachs executives are drawing critical distinctions between today’s AI market frenzy and the dot-com bubble of 25 years ago, while simultaneously warning that artificial intelligence is contributing almost nothing to current US GDP growth. Ben Snider, who is set to become Goldman Sachs’ US equity chief, explained in a Bloomberg Odd Lots podcast episode that modern investors have learned from past mistakes and are now focusing on tangible, near-term earnings rather than …

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2025-12-31

Groq Investor Warns of Data Center Crisis Threatening AI Industry

Alex Davis, CEO of Austin-based investment firm Disruptive Tech, has issued a stark warning about the U.S. data center market, predicting a significant financing crisis by 2027-2028. In an end-of-year letter to investors on Monday, Davis expressed deep concerns about speculative data center development that could threaten the AI infrastructure ecosystem.

Davis, whose firm has invested nearly $350 million in AI hardware startup Groq, criticized the “build it and they will come” …

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2025-12-31

Meta Acquires Chinese AI Startup Manus for $2B in Major Deal

Meta has acquired Manus, a Chinese-founded artificial intelligence startup, in a blockbuster deal valued at over $2 billion, marking one of the most significant acquisitions of an Asian AI company by a US tech giant. The acquisition represents Meta’s aggressive push to scale general-purpose AI agents across its platform ecosystem.

Manus, which launched in March 2025 by Chinese AI product studio Butterfly Effect, bills itself as the world’s first “general” AI agent capable …

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2025-12-31

Top 5 AI Stocks for 2026: Dan Ives' Picks Exclude Nvidia

Wall Street’s prominent tech analyst Dan Ives has unveiled his top five AI stock picks for 2026, notably excluding Nvidia despite his previous vocal support for the chip giant. The Wedbush Securities analyst believes artificial intelligence is approaching a critical “inflection point” next year, prompting a strategic shift in his recommendations toward mega-cap tech companies positioned to capitalize on AI’s expanding commercial applications.

Microsoft leads Ives’ …

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2025-12-31

VC Predicts Robotics Breakthrough & White-Collar AI Protests in 2026

Ethan Choi, a partner at Khosla Ventures, has shared bold predictions for 2026 that paint a transformative picture of AI’s impact on society and the workplace. In an exclusive interview, Choi forecasts that robotics will experience its “GPT-3 moment” in 2026—not a mass consumer breakthrough like ChatGPT, but a foundational leap demonstrating human-level intelligence applied to the physical world. This advancement will mark the beginning of true general-purpose robotics capable …

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2025-12-31

9 Biggest AI Deals of 2025: Meta, Nvidia, Google Reshape Industry

The AI industry witnessed unprecedented dealmaking in 2025, with nine transformative transactions totaling over $560 billion that redefined how tech giants acquire talent, technology, and infrastructure. These weren’t traditional acquisitions—they were complex arrangements involving licensing agreements, talent raids, and strategic investments that blurred conventional M&A boundaries.

Nvidia’s strategic moves dominated headlines, particularly its Christmas Eve announcement of a …

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2025-12-30

AI Bubble Debate: Where Top Investors Say to Put $10,000 in 2025

As the AI investment boom continues into 2025, market strategists and investment professionals are divided on whether artificial intelligence stocks represent a bubble or a sustainable growth opportunity. Business Insider surveyed eight prominent investment experts to determine where investors should deploy $10,000 amid ongoing AI bubble concerns.

The bull case remains strong among several strategists. Joe Quinlan, Bank of America’s chief market strategist, dismisses bubble concerns …

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2025-12-30

AI Bubble Warning: VCs Predict 2026 Reckoning for Startups

Venture capitalists are sounding alarm bells about an AI investment bubble that could burst in 2026, despite record-breaking funding rounds throughout 2025. Deedy Das, a partner at Menlo Ventures specializing in AI and machine learning, warns that “2026 will be a year of reckoning,” noting that nearly 20 companies with billion-dollar valuations are generating zero revenue.

The AI startup funding landscape has reached unprecedented levels, with nearly 700 seed-stage rounds exceeding …

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2025-12-30

AI-Powered Dating Apps Challenge Tinder and Bumble's Dominance

The dating app landscape is undergoing a significant transformation as AI-powered matchmaking services emerge to challenge industry giants like Tinder, Hinge, Bumble, and Grindr. With dating app fatigue reaching mainstream levels, a new wave of startups is leveraging artificial intelligence and machine learning to revolutionize how people find romantic connections.

Dating startups raised $121 million in 2024, according to PitchBook data, signaling strong investor confidence in AI-driven …

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2025-12-30

Cato Networks CEO Warns AI Bubble Mirrors Dot-Com Era Crash

Shlomo Kramer, CEO of cybersecurity firm Cato Networks, has issued a stark warning that the artificial intelligence industry is experiencing a bubble reminiscent of the dot-com crash. In an interview with Business Insider, Kramer stated unequivocally: “We are in a bubble,” citing the disconnect between massive AI investments and actual returns.

Kramer argues that the bubble is being fueled by high investment levels and early profit gains from AI technologies, which are encouraging …

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2025-12-30

China Restricts AI Chatbot Training on User Conversations

China is implementing strict new regulations on how AI companies can use user conversations to train their models, marking a significant shift in AI governance. The Cyberspace Administration of China announced draft measures on Saturday that would restrict AI platforms from collecting and using chat logs for model training without explicit user consent.

The proposed rules target “human-like” interactive AI services, including chatbots and virtual companions, requiring platforms to …

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2025-12-30

Copper Prices Soar 42% in 2025 Driven by AI Data Center Boom

Copper is experiencing its strongest performance since the 2009 Great Financial Crisis, with prices surging 42% year-to-date as artificial intelligence infrastructure demands reshape commodity markets. The industrial metal’s 3-month price on the London Metals Exchange reached $12,222 per metric ton on Tuesday, just below Monday’s record high of $12,960 per metric ton.

The metal has posted eight consecutive days of gains, marking its longest winning streak in eight years according to …

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2025-12-30

Disney Bets on AI-Generated Videos with OpenAI to Boost Streaming

Disney is turning to artificial intelligence to revitalize its struggling streaming engagement, announcing a groundbreaking partnership with OpenAI to create AI-generated video content featuring iconic Disney characters. Despite nearly doubling its streaming subscriber count over the past five years, Disney’s viewership share has remained stagnant, with Disney+ and Hulu combining for just 4.7% of US TV viewing according to Nielsen data—far behind Netflix’s 8.3% and YouTube’s …

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2025-12-30

Google AI Overviews: From Pizza Glue Fails to Search Dominance

Google’s AI Overviews have undergone a remarkable transformation from laughingstock to legitimate search tool in just over a year, according to a candid assessment from a journalist who famously tested the feature’s early failures. When Google AI Overviews launched in spring 2024, the feature quickly became infamous for providing absurd and dangerous recommendations, including the viral suggestion to add glue to pizza sauce to prevent cheese from sliding off—advice apparently scraped …

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2025-12-30

How AI Changed the World: Predictions for 2026 and Beyond

As we approach 2026, artificial intelligence continues to reshape every aspect of our world, from business operations to daily life, prompting experts to forecast dramatic transformations ahead. This comprehensive analysis examines how AI has fundamentally altered global systems and what the near future holds.

The AI revolution has accelerated beyond initial predictions, with machine learning models and generative AI tools becoming ubiquitous across industries. Major technology companies have …

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2025-12-30

Jeffrey Katzenberg: AI Industry Faces 2026 Reckoning, Not Winner-Take-All

Jeffrey Katzenberg, the former DreamWorks CEO turned venture capitalist, predicts that 2026 will be a pivotal year for the AI industry, separating companies delivering real results from those that aren’t. Speaking on the “Sourcery” podcast released Monday, Katzenberg dismissed concerns about an AI bubble burst, instead forecasting a “reckoning” that will distinguish genuinely effective AI deployments from hype.

Katzenberg’s distinguished career spans a decade …

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2025-12-30

OpenAI Founder Karpathy: AI Tools Leave Programmers 'Behind'

Andrej Karpathy, a founding member of OpenAI and former head of AI at Tesla’s autopilot division, has publicly acknowledged feeling “behind” as a programmer despite his pioneering role in the AI revolution. In a candid X post on December 26, 2025, Karpathy revealed that the software engineering profession is being “dramatically refactored” as AI tools increasingly automate code generation.

Karpathy, who coined the term “vibe coding” in February 2025—a …

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2025-12-30

Tech Sales Worker Keeps AI Prompts Secret for Competitive Edge

Antoine Wade, a tech sales professional based in San Antonio, has transformed his workflow using AI tools since ChatGPT’s launch in 2022, but he’s strategically keeping his most effective techniques under wraps to maintain a competitive advantage in the cutthroat sales industry.

Wade initially adopted ChatGPT to craft personalized cold outreach emails for potential clients, a core component of his tech sales role. The technology proved so transformative that he expanded its use …

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2025-12-30

Top AI and Retail Stock Picks for 2026: Amazon, ServiceNow Lead

Wall Street investment firm Accuvest Global Advisors has identified key AI and retail stocks positioned for significant growth in 2026, according to Eric Clark, the firm’s CIO and portfolio manager overseeing $1.2 billion in assets. Clark’s investment thesis centers on secular tailwinds driving both artificial intelligence adoption and e-commerce expansion, rather than short-term market catalysts.

Amazon and Mercado Libre emerge as top e-commerce picks, with Clark projecting 30% …

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2025-12-30

AI Bubbles & Market Trades: Jamie Dimon's 2025 Investment Outlook

Bloomberg’s comprehensive analysis of the 11 biggest trades of 2025 prominently features artificial intelligence as a central theme, with particular focus on concerns about AI market bubbles and their implications for global financial markets. The article, which includes insights from JPMorgan Chase CEO Jamie Dimon and other financial leaders, examines how AI investments are shaping trading strategies and market dynamics in 2025.

The piece explores the growing debate around whether the …

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2025-12-29

AI Causing 'Quiet Cognitive Erosion' in Workers, CEO Warns

Artificial intelligence may be making workers faster and more productive on the surface, but it’s quietly eroding their confidence and core job skills, according to Mehdi Paryavi, CEO of the International Data Center Authority. Paryavi warns that excessive and poorly designed AI implementation in workplaces is driving what he calls “quiet cognitive erosion” and “down-skilling” among employees.

The most immediate casualty of heavy AI reliance, according to Paryavi, …

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2025-12-29

AI CEOs Altman and Karp Declare War on Short Sellers

AI industry leaders are increasingly vocal about their disdain for short sellers, with Palantir CEO Alex Karp and OpenAI founder Sam Altman leading the charge against investors betting against their companies. In a heated CNBC interview last month, Karp unleashed a passionate defense of Palantir, questioning why short sellers would target “one of the great businesses of the world” that supports warfighters and helps average investors make money. His comments reflect growing tension …

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2025-12-29

AI Video Tools Like Sora 2 Signal 'End of Creator Era' Says VC

The launch of OpenAI’s Sora 2 and other advanced AI video generation tools is fundamentally reshaping the creator economy, according to Michael Mignano, a partner at Lightspeed Ventures. In an appearance on the podcast “Sourcery,” Mignano presented a stark vision of social media’s future where AI-generated content replaces human creators, making individual influencers “far, far, far less valuable.”

Mignano, who has deep roots in the online media space as …

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2025-12-29