AI News

Marathon Fusion emerges from stealth with a groundbreaking preprint on scalable gold production using fusion neutrons. Their innovative process could revolutionize fusion economics by generating significant revenue from gold. This breakthrough combines ancient alchemy with modern physics for potential commercial viability. Discover how fusion energy might soon power a new gold rush.

Amid Congress’s „Crypto Week,” the Trump administration reveals deep ties to cryptocurrency, with key officials and Trump himself holding millions in digital assets. As new industry-friendly regulations pass, insiders stand to profit from policies they help shape. From Cabinet members to financial overseers, crypto influence runs deep, signaling a future where digital currency is woven into housing, grants, and retirement funds. With leaders at the helm of this financial shift, the era of crypto integration is here to stay.

**Irish Rap Group Kneecap Banned From Hungary Over „Antisemitic Hate Speech” Claims**

Hungary has banned Irish rap trio Kneecap for three years, accusing them of „antisemitic hate speech” and posing a „national security threat.” The group’s scheduled performance at Budapest’s Sziget Festival was canceled as a result. Kneecap denied the allegations, calling the ban politically motivated and criticizing Hungary’s authoritarian government.

**Kneecap Slams Hungary’s „Authoritarian” Ban, Calls Out Orban’s Netanyahu Ties**

Kneecap condemned Hungary’s three-year entry ban, labeling it an attempt to silence critics of Israel’s actions in Palestine. The group denied supporting terrorism, stating they stand against all hate crimes. Sziget Festival organizers called the ban „unnecessary and regrettable,” defending artistic freedom while condemning hate speech.

**Kneecap Faces Backlash Over Pro-Palestine Stance, Terror Charge Controversy**

The Irish rap group has faced scrutiny for their vocal support of Palestine, including at Coachella. Member Mo Chara is currently battling a UK terror charge linked to alleged Hezbollah support. Kneecap denies backing militant groups, calling the case „political policing” to divert from UK-Israel ties. Their film and album *Fine Art* boosted their rising profile.

**Why August to October Is Wall Street’s „Panic Season”**

Market crashes like Black Monday and Lehman Brothers’ collapse share a chilling pattern—most strike between August and October. Quant expert Owen Lamont warns that thin summer liquidity turns minor shocks into full-blown crises.

**Harvest Time Havoc: Centuries of Financial Meltdowns**

From the 1791 Scriptomania bubble to the 2007 quant crash, financial disasters cluster in late summer and fall. Lamont traces this trend to America’s agricultural roots, when harvests drained liquidity from markets.

**Remote Work Could Disrupt Wall Street’s „Cruelest Month”**

While Lamont calls August a „10% chance of epic disaster,” remote trading may finally break the cycle. Yet tradition keeps traders synchronized—and vulnerable—to seasonal volatility. Read why quants still dread summer’s end.

**Fed Says Generative AI Isn’t Just Hype—It’s the Next Microscope**
The Federal Reserve believes generative AI is a game-changer for productivity, comparing its potential impact to breakthroughs like electricity and the microscope. However, widespread adoption will be slow and risky, requiring major infrastructure investments. While AI could revolutionize industries, its full economic benefits may not emerge until the 2030s.

**AI’s Productivity Boom Is Coming—But Don’t Expect It Overnight**
The Fed predicts generative AI will significantly boost labor productivity, but warns adoption will take years due to slow integration in non-tech sectors. Unlike past innovations, AI’s impact depends on supporting tech like robotics and AI agents. Experts forecast measurable GDP growth by 2027, peaking in the next decade.

**Why the Fed Compares AI to the Microscope and Electric Dynamo**
A new Fed paper highlights AI as both a „general-purpose technology” and an „invention of invention,” driving long-term productivity like the microscope once did. Specialized AI tools and rapid innovation suggest transformative potential—but overbuilding infrastructure could backfire. The key challenge? Getting businesses to fully embrace AI.

**Ethereum ETF Staking Approval Could Trigger ETH Price Surge, Says Hedge Fund Manager**
Eric Jackson of EMJ Capital predicts ether (ETH) could hit $10K-$15K, citing staking-enabled ETFs as a game-changer for institutional demand. His firm highlights Ethereum’s deflationary model and yield potential as key drivers. **Read why experts believe ETH is undervalued.**

**SharpLink Gaming Becomes World’s Largest Corporate ETH Holder with $213M Purchase**
The Nasdaq-listed firm now holds 280,706 ETH, staking 99.7% of its holdings to generate passive yield. Chairman Joseph Lubin’s vision aims to position Ethereum as a backbone of digital commerce. **Discover how corporate adoption could reshape ETH’s market dynamics.**

**Ether Defies Market Dip with 1% Surge Amid Institutional Buying Spree**
While Bitcoin slid 5%, ETH held steady, buoyed by SharpLink’s massive accumulation and a late-session rally past $3K. Analysts see breakout potential as staking and layer-2 adoption accelerate. **Is Ethereum poised to outperform BTC?**

**AI Threatens Half of White-Collar Jobs—Disruption Has Already Begun**

Ford CEO Jim Farley warns AI could replace 50% of U.S. white-collar jobs, with experts predicting rapid workforce upheaval. Cornell professor John McCarthy confirms job disruption is already expanding, hitting entry-level roles hardest. As AI outperforms finance interns and recruiters, young graduates face a shrinking job market—raising fears of a „lost generation.”

**AI Job Disruption Accelerates—Recent Grads Hit Hardest**

CEOs from Shopify to Duolingo are freezing hires as AI takes over entry-level tasks, leaving young workers struggling. The NY Fed reports record-high unemployment for recent grads, with AI eroding traditional career pathways. Experts warn without policy shifts, early AI-era graduates may face permanent setbacks in an unequal job market.

**Is AI Really Killing Jobs—Or Just a Corporate Scapegoat?**

While AI adoption remains low outside tech and finance, some firms use it to justify hiring freezes amid economic uncertainty. NYU’s Robert Seamans argues AI implementation hurdles persist, but data gaps hide its true labor impact. As debates rage, workers must adapt—mastering AI tools may be the key to surviving the coming workplace revolution.

**Trump Touts Record Tariff Revenue—Here’s Where the Billions Are Going**

President Trump boasts about the US collecting $30 billion in tariffs last month—a 242% spike from last year. But where is all that money going? While Trump suggests paying down debt or issuing rebate checks, neither has happened yet. Meanwhile, businesses and consumers may feel the pinch as tariffs drive up costs.

**Trump’s Tariff Windfall: $100 Billion and Counting—But Who Really Pays?**

The US has raked in $100 billion in tariff revenue since April, but economists warn the economic fallout could outweigh the gains. Though Trump claims the funds could reduce debt or fund rebates, critics say tariffs may slow growth and fuel inflation.

**Are Tariff Rebate Checks Coming? What Trump’s $30 Billion Haul Means for You**

With tariff revenue tripling this year, Trump floats „rebate checks” for Americans—but experts warn it could widen the deficit. As businesses absorb higher costs, prices on everyday goods may rise, offsetting any potential benefits for consumers.

**Behind Trump’s Tariff Boom: How $100 Billion Is (or Isn’t) Helping the US Economy**

Record tariff revenue is shrinking the deficit, but economists say the trade-off could stunt GDP growth. While Trump touts financial gains, businesses face rising costs—and consumers may soon see higher prices on imports.

**Did Hungarians, Finns & Estonians Originate in Siberia? DNA Study Reveals Surprising Roots**

A groundbreaking study reveals modern Hungarian, Finnish, and Estonian speakers share deep Siberian ancestry, tracing back 4,500 years to the Altai Mountains. Researchers linked ancient DNA patterns to Uralic-speaking populations, but caution genetics alone can’t confirm language spread.

**Ancient DNA Unlocks Migration Secrets of Uralic Speakers**

Scientists analyzed 180 ancient Eurasian genomes, finding a unique Siberian genetic signature in Uralic-speaking groups like Finns and Hungarians. The study suggests this ancestry spread westward—possibly alongside early Uralic languages—but experts note language and genes don’t always align.

**Were Bronze Age Siberians the Ancestors of Finns & Hungarians?**

New research ties a 4,500-year-old Siberian group to modern Uralic speakers through shared DNA, but debates remain on how language spread. While genetics reveals migration, archaeologists warn against equating DNA with linguistic identity in ancient populations.

**Siberian Ancestry Found in Finnish, Estonian & Hungarian DNA**

A Nature study identifies a Siberian genetic marker in Uralic speakers, hinting at a prehistoric migration from the Altai region. However, experts emphasize that ancient multilingualism complicates tracing language origins through DNA alone.

**”I applied to Meta 7 times before landing my dream job at Instagram—here’s how I finally got in”**

Dawn Choo shares her journey of persistence, taking a 40% pay cut, and overcoming rejections to secure her ideal role. After multiple failed attempts, she refined her skills and leveraged leadership experience to stand out. Her story proves career pivots and self-bets can pay off—even if it takes years.

**”How taking a 40% pay cut helped me land my dream job at Instagram”**

Dawn Choo left finance for a lower-paying tech role at Amazon—a risky move that eventually led to her dream job at Instagram. She automated tasks, earned a promotion, and improved her interview skills to finally break into Meta. Her advice? Bet on yourself, even if success takes time.

**”From finance to Facebook: How I got my dream job at Instagram after 7 rejections”**

Dawn Choo’s career journey included an internship rejection, a finance detour, and a major pay cut before joining Instagram. By refining her skills and leading a key project, she turned setbacks into success. Her story shows perseverance and strategic risks can unlock big rewards.