Marriage and family therapist on the rise of political polarization
Braver Angels Co-Founder and Professor Emeritus at the University of Minnesota Bill Doherty sits down with CNBC's Steve Liesman at the 2025 CNBC CEO Summit to discuss the rise of political polarization in the U.S. and how it may affect the workplace.
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AI could unleash ‘deep societal upheavals' that many elites are ignoring, Palantir CEO Alex Karp warns
Amid the debate about AI's impact on the workforce, Palantir CEO Alex Karp said the technology can have an overall additive effect, 'if we work very, very hard at it.' But he cautioned that if the industry doesn't make that happen, the result could be 'deep societal upheavals' that many elites are ignoring. There are already signs that AI is shrinking entry-level opportunities. One of the biggest beneficiaries of the AI revolution warned that the technology could also create massive fissures in society—unless the industry works hard to prevent them. Alex Karp, CEO of data-mining software company Palantir, was asked on CNBC on Thursday about AI's implications for employment. 'Those of us in tech cannot have a tin year to what is this going to mean for the average person,' he replied. That comes as AI increasingly gets incorporated into the daily tasks of workers, boosting their productivity and efficiency. At the same time, there are also signs that AI is shrinking opportunities for young workers in entry-level jobs that traditionally have been stepping stones for launching careers. Meanwhile, Palantir has been at the forefront of using AI at the enterprise level. The company is known for putting its AI-powered platforms to work in the defense and intelligence sectors, but it has also been expanding in the commercial space. Most recently, it partnered with TeleTracking, a provider of operations platforms for hospitals and health systems. On Thursday, Karp said the kind of AI that Palantir is doing can be 'net accretive to the workforce in America,' but only if 'we work very, very hard at it.' He pointed out that it just because it can happen, that doesn't mean it will happen. The industry has to make it so. 'We have to will it to be, because otherwise we're going to have deep societal upheavals that I think many in our elite are just really ignoring,' Karp said. The warning is especially notable coming from a leader in the AI field. But Karp has also urged the tech sector to take on bigger problems. In a recent Atlantic essay adapted from their book The Technological Republic, Karp and Nicholas Zamiska, Palantir's head of corporate affairs and legal counsel to the office of the CEO, blasted Silicon Valley for focusing on 'trivial yet solvable inconveniences' and abandoning a long history of working with the government to tackle more pressing national issues. Others in the AI field have also offered dire predictions about AI and the workforce lately. Last month, Anthropic CEO Dario Amodei says AI could wipe out roughly 50% of all entry-level white-collar jobs. In an interview with Axios, he said that displacement could cause unemployment to spike to between 10% and 20%. The latest jobs report on Friday put the rate at 4.2%. 'Most of them are unaware that this is about to happen,' Amodei said. 'It sounds crazy, and people just don't believe it… We, as the producers of this technology, have a duty and an obligation to be honest about what is coming.' And OpenAI CEO Sam Altman said this past week that AI agents are like interns, predicting that in the next year they can 'help us discover new knowledge, or can figure out solutions to business problems that are very non-trivial.' Meanwhile, Nvidia CEO Jensen Huang said at the Milken Institute's Global Conference last month that while workers may not lose their jobs to AI, they will lose them to 'someone who uses AI.' This story was originally featured on
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Elon and Trump's Breakup Results In Hilarious Consequences For Dogecoin
Elon Musk and Donald Trump's nasty feud has had some unintended consequences for the meme coin that inspired the Department of Government Efficiency. As CNBC reports, Dogecoin fell 10 percent on Thursday, the day that the Musk and Trump spat spilled over onto social media, and was down 22 percent week-over-week at its lowest point last night, when it was worth less than 17 cents per token (don't gasp too hard, but it's now soared back up to 18 cents.) Given that it's a meme coin, Doge has never been worth all that much to begin with. At its absolute peak in 2021, the coin traded just under 75 cents thanks to Musk's endorsement — and despite regular peaks and valleys, it's never again surpassed that all-time high. Despite its near-worthlessness, Dogecoin has been a useful metric for tracking the way Musk affects market. As CNBC notes, the meme coin spiked 15 percent in a day when Tesla began accepting it for merchandise in 2022, and jumped 35 percent later that same year when Musk bought Twitter. Just as Doge giveth, Doge seems to taketh away. The unelected billionaire has entirely squandered the gains he garnered for the meme coin when riding on Trump's coattails, first with the announcement of the agency's creation and again when its official website was launched just after the president's inauguration. As Cointelegraph reports, the coin could be poised to slip even further. Dogecoin's three-week Trump slump suggests, per the site's analysis, that it could fall to as little as six cents per coin if its bearish streak continues. Should it continue to fall, a massive selloff event may occur as itchy investors seek to rid themselves of the tarnished token. Over on the everything app, Doge bros are, as usual, acting absolutely bonkers about the coin's chances of survival. "Looks like yesterday was just another bear trap for Dogecoin," one such investor tweeted alongside a chart showing projected "euphoric" highs that almost certainly will not be attained. "Let's go!" In another unrealistic prognostication that borders on tragic, one account shared a graphic explaining that if investors "hold together, nobody will fall." "I'll keep reposting till we hit the Dollar," the delulu poster exclaimed. In Washington, the fiery feud between Musk and Trump has shaken the status quo — but for crypto types, it's just another weekend. More on meme coins: You'll Never Guess What Happened to Trump's Meme Coin After He Announced His Tariffs
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Elon Musk appears to delete some explosive X posts amid feud with Trump
Elon Musk has appeared to delete some of his posts on his social media platform X that escalated his bitter feud with President Donald Trump this week. One post, no longer available as of Saturday morning, accused Trump of being mentioned in "files" of the late sex offender Jeffrey Epstein. Musk's accusation, which the White House has disputed, marked an escalation in the public spat between the men. " page doesn't exist. Try searching for something else," said the X page that once displayed Musk's post. On Thursday, Musk also responded "yes" to a user's post that called for Trump to be impeached and replaced with Vice President JD Vance. That post was also no longer available as of Saturday morning. In an interview on Friday with "manosphere" comedian Theo Von, Vance said Musk was making a "huge mistake" going after Trump, while attempting to downplay the billionaire's attacks as an "emotional guy" who got frustrated. It was not immediately clear why Musk deleted the posts. The White House did not immediately respond to CNBC's request for comment. Nonetheless, it's the latest twist in the rapidly deteriorating relationship between the onetime allies. Just over one week ago, Trump and Musk exchanged compliments at the conclusion of Musk's official time leading the Department of Government Efficiency. But their relationship devolved this week as the two men exchanged barbs on social media, stemming in large part from Musk's vocal opposition to Trump's "big, beautiful bill," CNBC previously reported. In one of the now-deleted posts, Musk accused Trump of being mentioned in files related to Epstein, without providing any evidence of his claim. Musk alleged, "that is the real reason they have not been made public." White House press secretary Karoline Leavitt rejected Musk's allegations. "This is an unfortunate episode from Elon, who is unhappy with the One Big Beautiful Bill because it does not include the policies he wanted," she said in a statement to CNN.
