Gate Square Hot Posts

AIMPACT reports that the AI wave is triggering wealth polarization and psychological rifts in the San Francisco Bay Area. Over the past five years, approximately 10k core employees and founders from companies like OpenAI, Anthropic, xAI, and NVIDIA have accumulated over $20 million in wealth, making the career prospects for traditional software engineers increasingly bleak. Four types of mindset shifts have emerged in Silicon Valley: promotion pathways failing, young people feeling career nihilism, middle managers becoming paralyzed, and the ultra-rich losing their sense of purpose. Das believes that the anxiety over the AI gold rush is tormenting industry practitioners, driving more people to develop AI products that can generate wealth.

According to Coinglass data, since 2013, Bitcoin has experienced 13 June market movements, with 7 increases and 6 decreases. The largest monthly gain occurred in June 2016, at 27.14%, and the largest monthly decline was in June 2022, at 37.28%. Overall, the average return in June is -0.14%, with a median of 2.2%, performing below most months and being one of the weaker months in history.

Last week, the US-Iran negotiation framework initially appeared but fell into a deadlock, with core disagreements over nuclear issues and strait sovereignty. The US initial jobless claims were 215k, April core PCE was 3.3%, and Michigan confidence dropped to 44.8 with inflation expectations rising. The Bank of Japan warned of the challenges the fifth oil price shock poses to inflation, and the ECB minutes indicated rising inflation risks requiring observation. US GDP for Q1 2026 was revised to 1.6%. This week will focus on AI conferences, technology summits, and US-EU economic data, including ADP, May unemployment rate, and non-farm payrolls.

Mars Financial News, on May 31, according to the Iranian Students' News Agency, member of Iran's National Security and Foreign Policy Committee Kossari stated that the nuclear issue has been excluded from the negotiation table and no final agreement has been reached yet. (Jinshi)