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AI & Enterprise

Anthropic releases 2030 U.S. jobs and GDP scenarios as growth brings employment shock

Anthropic published a webpage outlining three economic scenarios for how AI could affect U.S. employment and GDP by 2030. It said AI may boost productivity and expand the economy while hurting knowledge-worker jobs and wages. The scenarios range from a mild impact similar to the internet to a radical case in which AI outperforms humans in most knowledge work. Anthropic projected higher GDP but warned of job transitions, higher unemployment risks and a declining labor share in the radical case.

Crypto

XRP rebound may be a trap as Elliott wave points to possible further drop

XRP has rebounded from recent lows, but analysts say the current correction may not be over under Elliott wave structure, leaving room for another decline. The 1-hour chart has yet to form the structure needed to confirm a trend bottom, raising the possibility of a retest of support. Key support is seen at $1.10 to $1.38, while resistance is placed at $1.44 to $1.60. U.S. spot XRP ETFs logged $18.96 million of net inflows over the past week.

Crypto

U.S. Clarity Act vote nears as crypto industry and banks clash in last-minute lobbying

With the U.S. Senate set to hold a procedural vote on the Clarity Act on Sept. 15, lobbying by the cryptocurrency industry and regional banks is spreading to senators’ home states. Both sides used the August recess to press their case through local events, meetings, op-eds, calls, emails and advertising. The bill would set federal rules for digital assets and split oversight between the SEC and CFTC, with stablecoin reward provisions a key flashpoint.