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First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative

First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative Amid the flood of AI doomerism, from Pope Leo XIV's Monday warning that AI and the digital transformation of the economy could unleash "new forms of slavery" and mass job losses, to Bernie Sanders and unhinged socialists calling for a halt to data centers buildouts, a move that would conveniently cede compute power to communists in Beijing, a growing and emerging chorus of dystopian futurists is now trying to frame the AI boom as an existential labor-market crisis rather...
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Jul 7, 2026 / Tyler Durden
"I-Beams Bending Like Cigarettes": Former Pfizer HQ Tower In Midtown At Risk Of Collapse
"I-Beams Bending Like Cigarettes": Former Pfizer HQ Tower In Midtown At Risk Of Collapse Dramatic video from inside the former Pfizer headquarters tower in Midtown Manhattan shows large I-beams buckling, and officials are warning of a possible collapse. The 33-story high-rise at 235 East 42nd Street is undergoing a major office-to-residential conversion, one of the largest projects of its kind in the New York City metro area. WATCH: New York City's biggest office-to-residential conversion just hit an unexpected obstacle. Buckling columns and falling bricks forced an evacuation at the former Pfizer headquarters. pic.twitter.com/anXDOmBSfw —...
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Mar 26, 2026 / Tyler Durden
Iranian TV Declares 'One Million' Soldiers Have Mobilized To Create 'Hell For American Forces'
Iranian TV Declares 'One Million' Soldiers Have Mobilized To Create 'Hell For American Forces' The US-Israel war against Iran is nearly one month in, and amid the ongoing escalating threats and warnings Iran is touting that it is able to tap more than one million fighters for a potential ground confrontation with the United States, according to Tasnim News Agency citing a military source. Some 7,000 additional US troops, mainly Marines and elite Army Airborne troops, are currently headed toward the region, amid speculation that President Trump will order a military operation...
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Apr 27, 2026 / Tyler Durden
Average 2Y Auction Is A Big Improvement From Last Month's Debale
Average 2Y Auction Is A Big Improvement From Last Month's Debale In today's first of two coupon auctions (due to the week's truncated schedule as the Fed is on Wednesday), the US Treasury sold $69BN in 2 year paper in a mediocre auction, yet one which was notably stronger than last month's issuance. The sale stopped at a high yield of 3.812%, down from last month's 3.936% and tailing the When Issued 3.811% by 0.1bps. This however was a big improvement from last month's 1.8bps tail, which was the biggest since...
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