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01.12.25 - 18:18
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The AI Boom Moves Into the Next Stage (Bloomberg)
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Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting....
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01.12.25 - 16:48
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′Inside NYT′s Hoax Factory′: Trump′s AI/Crypto Czar Dismisses Hit-Piece As ′Nothing Burger′ (ZeroHedge)
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'Inside NYT's Hoax Factory': Trump's AI/Crypto Czar Dismisses Hit-Piece As 'Nothing Burger'
Authored by Jesse Coghlan via CoinTelegraph.com,
White House AI and crypto czar David Sacks has fired back at The New York Times over a report detailing how his government advisory role could benefit his investments and those of his close associates.
Sacks said in a post to X that despite having “debunked in detail” the Times' reporting over the past five months, the outlet continued to publish the article on Sunday about his supposed conflicts of interest.
“Today they evidently just threw up their hands and published this nothing burger,” Sacks wrote. “Anyone who reads the story carefully can see that they strung together a bunch of anecdotes that don't support the headline.”
Sacks is a co-founder and partner at the venture firm Craft Ventures, and his special government employee role at the White House has drawn scrutiny in the past, with Democrat Senator Elizabeth Warren sa...
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01.12.25 - 16:48
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AI Threatens 20 Million US Jobs (24/7 Wall St.)
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A recent analysis reveals that artificial intelligence could replace almost 12% of jobs in the United States. AI could push the nation to Great Depression levels of unemployment.
The post AI Threatens 20 Million US Jobs appeared first on 24/7 Wall St.....
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