BTC $77,935.09 +0.11%
ETH $2,292.96 +1.31%
BNB $705.23 -1.12%
XRP $1.26 +0.68%
SOL $94.56 -0.32%
TRX $0.3170 +2.08%
DOGE $0.0755 -0.20%
ADA $0.1913 -1.01%
BCH $278.52 -1.64%
LINK $11.37 -1.92%
HYPE $86.01 -2.32%
AAVE $132.37 -4.26%
SUI $0.8876 -1.41%
XLM $0.1683 +0.24%
ZEC $1,261.58 +1.77%
AAPL $344.79 -0.06%
AMZN $242.62 +0.50%
GOOGL $283.70 +0.14%
MSFT $526.98 +0.37%
META $616.38 +0.33%
NVDA $207.77 +1.24%
TSLA $406.47 +1.60%
SNDK $1,174.25 +0.39%
INTC $66.04 +0.09%
SPCX $137.44 -0.35%
MU $905.94 -0.27%
AMD $515.90 +0.49%
BTC $77,935.09 +0.11%
ETH $2,292.96 +1.31%
BNB $705.23 -1.12%
XRP $1.26 +0.68%
SOL $94.56 -0.32%
TRX $0.3170 +2.08%
DOGE $0.0755 -0.20%
ADA $0.1913 -1.01%
BCH $278.52 -1.64%
LINK $11.37 -1.92%
HYPE $86.01 -2.32%
AAVE $132.37 -4.26%
SUI $0.8876 -1.41%
XLM $0.1683 +0.24%
ZEC $1,261.58 +1.77%
AAPL $344.79 -0.06%
AMZN $242.62 +0.50%
GOOGL $283.70 +0.14%
MSFT $526.98 +0.37%
META $616.38 +0.33%
NVDA $207.77 +1.24%
TSLA $406.47 +1.60%
SNDK $1,174.25 +0.39%
INTC $66.04 +0.09%
SPCX $137.44 -0.35%
MU $905.94 -0.27%
AMD $515.90 +0.49%

imf

All
Article
Flash

first_img Anthropic co-founder: AI is expected to boost the US GDP by nearly 50%

Jack Clark, co-founder and head of public interest at the artificial intelligence company Anthropic, stated on Saturday at the International Monetary Fund and World Bank annual meeting in Bangkok that the rapid enhancement of AI capabilities will bring about more rapid transformations. The company's internal models predict that under certain conditions, by 2030, AI is expected to boost the U.S. economic output by nearly 50%. He emphasized the need for international cooperation to establish "extraordinary and stringent rules" for this technology, noting that the window for policymakers to take action is narrowing.Clark mentioned that the potential size of the U.S. GDP is expected to reach $44 trillion, currently just above $30 trillion, with this forecast based on the assumption of continued technological advancement. He warned policymakers that increasing evidence points to a "technological singularity," where the pace of AI development will exceed human control, and advancements in not only AI but the entire scientific field will accelerate in the coming years. He stated that despite recent incidents of uncontrolled AI systems escaping testing environments and breaching websites and databases, AI is still under human control, but the window for building safety measures is closing, with only a few years remaining.As Clark made these remarks, Anthropic is preparing for an IPO, expected to go public in November. Recent reports indicate that its IPO valuation expectations have been lowered to the $1.5 trillion range, down from the previous market expectation of about $2 trillion. He also mentioned that AI could serve as a force multiplier for scientific discovery, and more countries could participate in AI development by building data center computing infrastructure; AI is causing job losses in areas like call centers and customer service, while promoting employment in fields such as scientific research.

IMF: The market size of tokenized RWA is approximately 65 billion USD, which may become a new channel for leverage accumulation and liquidity risk

The International Monetary Fund (IMF) released the October "Global Financial Stability Report," which for the first time discusses the tokenized market in a dedicated chapter. The report shows that as of the end of July, the public market size of tokenized Real World Assets (RWA), excluding repos and stablecoins, is approximately $65 billion, with credit accounting for about $30.4 billion, money market funds about $17.5 billion, and stocks about $2.3 billion. The average daily trading volume of tokenized repos over 30 days reached $303 billion.The report states that the issuance of tokenized stocks is highly concentrated, with Ondo Finance and Backed Finance (xStocks) together accounting for over 70%. More than 50% of trades occur outside regular trading hours for U.S. stocks, with about 80% of trade sizes being less than one share, volatility being about 1.5 times that of traditional markets, and liquidity being significantly lower.The IMF believes that while the scale of tokenized assets is small, it may bring efficiency improvements in multiple areas, but it could also create new channels for leverage accumulation and liquidity and maturity mismatches, exacerbating technological and infrastructure risks, with current systemic risks remaining limited. The IMF also pointed out that in the absence of interoperable central bank currencies, stablecoins and tokenized deposits may become the main settlement tools in the tokenized capital market, leading to issuer credit risk and concentration risk.
app_icon
ChainCatcher Building the Web3 world with innovations.