Social Security and Medicare trustees reports paint a grim picture for millions of Americans

According to the latest Pew Research poll, 49 percent of Americans report using chatbots at least occasionally, but 63 percent think the tech is advancing too quickly. Overall, use of AI chatbots has increased dramatically since 2024, when only 33 percent reported using them. Specifically, ChatGPT's usage has doubled since 2023, with 44 percent of respondents saying they've used it. But opinions remain negative, with only 16 percent saying that AI will have a positive impact on society. Interestingly, it's the younger generations who both report using AI more and who are inclined to have a more pessimistic view. 66 percent of Americans betw … Read the full story at The Verge.

Although Wall Street loves AI, every day Americans are significantly less optimistic about the industry, a new report from Pew Research shows.

The accelerated depletion of Social Security funds could lead to reduced benefits, impacting retirees' financial security and economic stability. The post Social Security trust fund now projected to run dry by 2032, one quarter earlier than expected appeared first on Crypto Briefing.

Social Security's impending shortfall may lead to reduced benefits, impacting retirees' financial planning and necessitating urgent policy reforms. The post Wharton forecast projects Social Security trust fund depletion by 2032, aligning with accelerated government timeline appeared first on Crypto Briefing.

Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The proposal follows FBI-cited losses of more than $333 million, with older Americans accounting for most known-age financial losses. Bipartisan Bill Would Set Crypto ATM Limits […]

The rise in Americans wanting jobs but not actively seeking them complicates the labor market outlook, potentially impacting Fed rate decisions. The post Americans wanting jobs but outside labor force rises to 6.2 million in May appeared first on Crypto Briefing.

As Elon Musk became the world’s first trillionaire, workers are facing higher prices and fears of A.I.-driven job losses.

Anthropic's AI survey showed Americans are afraid of job losses, hopeful for health breakthroughs, and distrustful of firms behind the tech.