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30.05.26 - 16:54
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Crypto And AI Could Be Dirty Words On 2026 Midterm Campaign Trail (ZeroHedge)
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Crypto And AI Could Be Dirty Words On 2026 Midterm Campaign Trail
Authored by Aaron Wood via CoinTelegraph.com,
The AI and crypto industries have made headlines over the past year thanks to the impressive war chests amassed by corporate political action committees (PACs).
Profligate spending during the last federal elections in the US has led to unprecedented policy changes favoring the crypto industry, with indications that a full legislative framework in the form of the CLARITY Act is on its way to becoming law.
But this hasn't endeared the crypto industry to voters. Recent polls from Politico show distrust of the crypto industry, and the electorate isn't sold on the benefits of AI.
“Voters across the ideological spectrum are raising concerns,” Michael Beckel, director of money in politics reform at Issue One, told Cointelegraph. “Some candidates on both sides of the aisle are trying to harness that frustration and outrage.”
Voters don't trust crypto and don't believe AI benef...
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30.05.26 - 16:18
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Can AI Grow Without Hurting Local Communities? (Bloomberg)
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The rush to build AI data centers is drawing trillions of dollars in investment and long-term bets from infrastructure firms such as DigitalBridge. But in communities where those facilities are being built, residents and officials are raising concerns about electricity costs, water use, noise, transparency and who bears the risk if demand falls short. Michigan Attorney General Dana Nessel is challenging approval of a major data center project near Ann Arbor, arguing that ratepayers deserve more transparency about contracts and potential costs. DigitalBridge CEO Marc Ganzi says the industry can navigate the backlash, but only by working with local communities and showing how the benefits outweigh the burdens. (Source: Bloomberg)...
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30.05.26 - 15:30
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Legacy Tech Stocks Surge on AI Pivot (Bloomberg)
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Bloomberg Intelligence Global Head of Technology Research Mandeep Singh joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss so-called "legacy" tech companies like Dell, Intel and Nokia seeing their stocks surge as they turn to AI. (Source: Bloomberg)...
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30.05.26 - 15:24
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′Dinosaur′ Tech Stocks Reborn as AI Fuels $1.7 Trillion Rally (Bloomberg)
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They were all stars of the dot-com era before fading into the background as the bubble burst and a new generation of tech darlings rose to the forefront. But Dell Technologies Inc., Nokia Oyj and Lenovo Group Ltd. are back with a vengeance thanks to the unrelenting artificial intelligence spending boom....
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30.05.26 - 15:18
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Anthropic′s alliance with pope on AI harms: all in good faith or ′Vatican-washing?′ (The Guardian)
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Experts say AI firm's engagement with Vatican risks creating 'feelgood' discourse that lacks critical examinationWhy did Anthropic's founder sit beside the pope during a warning about AI?In the first major written teaching of his papacy, Pope Leo XIV took artificial intelligence to task. The pontiff delineated the technology's most concerning threats to humanity: replacing workers, accelerating war and exploiting the environment. At a ceremony honoring the holy teaching the day of its release at the Vatican, the pope was flanked by an unusual guest speaker: Anthropic co-founder Chris Olah, one of the people behind the AI boom so worrying Leo. Continue reading......
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30.05.26 - 13:48
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Americans echo Pope Leo′s concerns about AI: ′It threatens workers, privacy and human life′ (The Guardian)
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Guardian readers in the US spoke of fears about unregulated AI in response to the pope's encyclical warning about the risks of the technologyIn his first major papal text since assuming leadership of the Catholic church last year, Pope Leo issued a stark warning about the rise of artificial intelligence this week, denouncing the “culture of power” driving the AI age.Calling for the “most rigorous” ethical constraints on AI – which he described as one of the greatest threats facing humanity today – the first US-born pope also warned of “new forms of slavery” emerging through the digital economy. Continue reading......
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