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Nick Lichtenberg

Nick Lichtenberg

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‘A major risk to the global economy’: BofA warns about the AI boom the day before a midterm vote framed around data-center backlash

Voters in 10 states decide 41 data-center measures Tuesday. BofA’s economists warn a sustained AI correction is a major risk to the global economy.

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Fortune

Nick Lichtenberg

The ‘haunted’ housing market’s real problem may be too few people, not too few homes, says J.P. Morgan’s David Kelly

Kelly estimates the U.S. now needs just 320,000 new homes a year, down from about 1 million, as immigration enforcement slows population growth.

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Fortune

Nick Lichtenberg

‘The best thing that you can do for your career is to make yourself redundant’: Inside Stellantis’ AI push after the ‘starting gun went off’

That’s the advice of Stellantis’ CTO, who plans to hire hundreds more anyway. AI is shrinking weeks into days, but it can't tell you what car to make.

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Fortune

Nick Lichtenberg

From Karl Marx’s vampire to Warren Buffett’s moat, the crumbling gothic castle has been capitalism’s favorite metaphor for 250 years

Jamie Dimon’s “fortress” and Warren Buffett’s “moat” come from the same place as Dracula’s castle, and this week AI put both to the test.

31.10.2026 20

Fortune

Nick Lichtenberg

In Brooklyn, a phone-free room of Democrats agreed a blue wave is coming — and debated the data-center identity crisis

At a phone-free Newsreel event in Brooklyn's "Commie Corridor" just days before the midterms, the talk kept coming back to who gets rich off AI.

30.10.2026 8

Fortune

Nick Lichtenberg

A 3.4% GDP print hides a ‘haunted’ housing market and a September stall in the economy

AI equipment spending rose 37.4% in the third quarter while housing investment fell 3.3%, and real consumer spending stalled in September.

30.10.2026 4

Fortune

Nick Lichtenberg

Goldman says AI layoffs are starting to leave a ‘long-lasting’ scar, just like the last 40 years of history

Workers 35 and older are taking the biggest hit, as finding a job takes about five weeks longer—and that's an AI-exposed job, too.

30.10.2026 5

Fortune

Nick Lichtenberg

Alphabet just had its worst day as a public company. BofA now values Google search at a lower multiple than fossil fuel stocks

Search revenue missed forecasts and free cash flow went negative. Bank of America now values Google’s core search business at about 10 times...

29.10.2026 10

Fortune

Nick Lichtenberg

Which Gen Z will show up for the midterms: the socialist rebels or the ones who reelected Trump?

Gen Zers talk like socialists and bet like capitalists. Two years after they helped reelect Trump, a nation turns its lonely eyes to them.

29.10.2026 10

Fortune

Nick Lichtenberg

‘It was just a fight that we decided to pick’: Serval raises $150 million at a $3 billion valuation to take on ServiceNow

Sequoia led the $150 million round and is doubling down. ServiceNow says AI makes it easier to build a startup, not to run an enterprise.

29.10.2026 10

Fortune

Nick Lichtenberg

Meet the Baby Boomer whose life changed when 2 Gen Z AI founders walked into her plumbing business. She became their first COO

Marcelle Flowers was trying to sell her Sacramento business when Broccoli AI knocked on her door. Now they've raised $52 million led by Khosla...

28.10.2026 9

Fortune

Nick Lichtenberg

In pro sports, even the superrich are being priced out of owning a team

Private equity now backs 74 North American teams, Goldman Sachs says. Wealthy individuals increasingly get in through minority stakes, funds, and bank...

28.10.2026 8

Fortune

Nick Lichtenberg

The humanist at the top of real estate’s automation machine: ‘I happen to despise the term headcount in the world of AI’

JLL’s facilities chief insists AI will protect his 88,000 workers. His company’s own clients see a different future ahead.

27.10.2026 7

Fortune

Nick Lichtenberg

Ford’s $28,000 electric truck can power your house. Here’s roughly what that will cost

Ford won’t put a price on the home gear. Its own percentages, set against what the F-150 Lightning setup cost, put whole-home backup at about $3,600.

27.10.2026 8

Fortune

Nick Lichtenberg

‘I’m more woke than 90% of the population’: Freddie deBoer knows his new book about psychiatry and disability will piss you off—and welcomes it

"All in Your Head" argues illness labels have become identities and it should be easier to commit the ill. It began as "the gentrification of...

27.10.2026 10

Fortune

Nick Lichtenberg

‘The real generation gap is about expectations’: What happens to retirement if we live to 130?

The MIT AgeLab's Joe Coughlin isn't sold on the Great Wealth Transfer. "For all the kids waiting for that great check in the sky, don’t hold your...

27.10.2026 10

Fortune

Nick Lichtenberg

AI’s boost to the U.S. economy is nearing its peak, Goldman says, as Apollo finds ‘zero financial payoff’ outside Big Tech

Apollo’s Torsten Slok rocked Wall Street with his take that AI returns just aren't there, then Goldman’s Jan Hatzius flagged two major downsides...

26.10.2026 8

Fortune

Nick Lichtenberg

Anthropic’s dual-class share structure borrows ideas from Mark Zuckerberg, Elon Musk—and the New York Times

The AI lab’s IPO filing creates five classes of common stock. Only one is for sale.

26.10.2026 7

Fortune

Nick Lichtenberg

Anthropic’s 7 co-founders are each worth $14 billion already—and that could double in an IPO. They’ve promised to give most of it away

Anthropic’s IPO filing shows seven co-founders holding nearly identical stakes of about 240 million shares each.

26.10.2026 6

Fortune

Nick Lichtenberg

42% of America’s recent college grads are working jobs that don’t need a degree. From Kathmandu to Paris, young people are taking to the streets

The New York Fed data measures "underemployment." One historian calls this “elite overproduction” — a final stage before social upheaval.

26.10.2026 20

Fortune

Nick Lichtenberg

Reality Bites for Gen Xers doing retirement math: just 49% say they’re on track, the worst of any generation

Boomers and Gen Z get the generational fights. The middle child, the first 401(k) generation, has quietly become the least confident saver in America.

25.10.2026 60

Fortune

Nick Lichtenberg

How a close look at the American Dream turned a top happiness expert into a specialist in despair: ‘It’s harder to be poor in a very rich country’

Brookings’ Carol Graham has spent decades measuring outcomes. Here's how her study of happiness led to work on despair — and what hope has to do...

24.10.2026 30

Fortune

Nick Lichtenberg

Goldman Sachs CEO David Solomon on AI’s economic impact: ‘There’s very little that we do where we need frontier models’

"The important thing is to get it right, not to get it quicker," Solomon told small businesses of his $500 million AI push with OpenAI, Anthropic,...

23.10.2026 30

Fortune

Nick Lichtenberg

AI could displace one in 11 workers, Goldman says, but the layoffs are likely waiting for a recession

Goldman’s Joseph Briggs finds companies have historically saved automation layoffs for downturns, and he’s updating his projection of the AI jobs...

22.10.2026 150

Fortune

Nick Lichtenberg

Palmer Luckey teams with dire wolf billionaire Ben Lamm to launch $200 million Warhound, unleashing genetically engineered clone dogs of war

“A dog is the oldest autonomous system there is,” Ben Lamm, the executive who figured out how to clone dire wolves, told Fortune.

22.10.2026 40

Fortune

Nick Lichtenberg

GM simulated 300,000 EV battery designs—using 34,000 years of computer time—before building a single cell. Now comes the physical part

At GM Forward, the automaker showed how much of its next generation of vehicles is now designed and tested in simulation. The real cells come later.

21.10.2026 20

Fortune

Nick Lichtenberg

Millennials are ‘kidulting’ through their parenthood stage, spending their free time on blind boxes and claw machines

"It’s got the same kind of psychological draw as a slot machine," Harris Poll chief strategy officer Libby Rodney told Fortune of the "blind box"...

20.10.2026 10

Fortune

Nick Lichtenberg

‘I want to see red’: General Motors is teaching its engineers to fail fast and ‘speak fearlessly’ as they take the EV battery fight to China

Tesla veterans Sterling Anderson and Kurt Kelty are pushing a "no sacred cows" vibe. "If everything’s green, you obviously are not stretching hard...

20.10.2026 10

Fortune

Nick Lichtenberg

Two decades ago, he asked what’s the matter with Kansas? Now he’s back to look at the 70-year con of ‘creativity’ and ‘innovation’

"Nobody gives a damn about the creative class anymore": Thomas Frank talks about how AI could turn the innovation cult against its believers.

20.10.2026 20

Fortune

Nick Lichtenberg

Morgan Stanley’s favorite AI stock is 92% exposed to the $1.6 trillion build-out it’s bullish on

The bank calls Nvidia the best risk/reward in AI. Its own report lays out what happens to suppliers when a capital cycle turns.

19.10.2026 40

Fortune

Nick Lichtenberg

France is rioting over surging inflation, skyrocketing national debt, and crumbling schools. America is its sleeping twin

Growth is the main thing keeping the U.S. from looking like France. Underneath it, the debt math and the classrooms look a lot alike.

19.10.2026 30

Fortune

Nick Lichtenberg

The wealthy boomer problem is metastasizing—they got 38% richer over the last 3 years as Gen Z and millennials under 35 got wiped out

People 35 years old and younger actually suffered a 23% decline in net worth from 2022 through 2025, according to the Federal Reserve.

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Fortune

Nick Lichtenberg

‘Close to zero’: 4 AI chiefs say no companies have truly changed in response to AI — blame ‘politics projects’

At a Fortune event, executives from Accenture, AXA, Mastercard and Mistral AI said the technology isn't the main obstacle to AI payoffs.

15.10.2026 20

Fortune

Nick Lichtenberg

KPMG’s CEO on why AI safety isn’t another Y2K and why business leaders are thinking hard about talent right now

Some 53% of CEOs surveyed say they’re planning reductions in some areas — but 86% are redesigning roles, career paths and team structures.

15.10.2026 10

Fortune

Nick Lichtenberg

Exclusive: ‘I’ve seen this movie before’: A Michigan-raised ex-Tesla exec raises $45 million to break China’s grip on batteries

"We will not be able to out-China China,” Holyvolt COO Steven Prast told Fortune. “They’re the world champions at being China.”

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Nick Lichtenberg

Exclusive: Stand raises $70 million at $1 billion valuation to price wildfire risk by treating homes like airplanes in flight

Only a few years old, Stand says its digital twins predicted wildfire outcomes about 85% of the time in a backtest, versus 50%–55% for conventional...

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Nick Lichtenberg

As Social Security races toward insolvency, retirees are getting their biggest COLA boost in 4 years

The AARP's Rich Johnson said family budgets "have been under increasing pressure because of rising prices."

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Fortune

Nick Lichtenberg

Exclusive: Koch’s venture arm backs a16z-backed Emanate’s push to bring AI to industrial sales

“Doing nothing isn’t neutral in this market,” says Emanate founder Kiara Nirghin.

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Fortune

Nick Lichtenberg

Exclusive: Honeywell Technologies launches a ‘brain behind the building’ with Nvidia and Dell. Its CTO says humans will run it for now

Forge Cognition, tested at Nvidia’s Voyager headquarters, is Honeywell Technologies' first big AI bet since its breakup.

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Nick Lichtenberg

Delta knows the top 40% of Americans are $40 trillion richer than just a few years ago. Cue new burgers and bourbon on Delta One’s biggest revamp yet

Delta’s biggest Delta One overhaul in nearly 30 years follows a quarter in which premium ticket sales grew 18% and edged past coach.

14.10.2026 20

Fortune

Nick Lichtenberg

‘The amazement is kind of wearing off a little bit’: Wharton survey reveals managers are learning what Gen Z already figured out

In the future, Wharton's Sonny Tambe and Jeremy Korst told Fortune, it may be a manager's job to say "that's AI."

13.10.2026 30

Fortune

Nick Lichtenberg

This 39-year-old quit 80-hour consulting weeks to make underwear for his struggling family business. He credits ‘sweaty feet’ for record profits

"If my sock doesn't fit just right, then when I get back from my hike, I go to the sock department," Minus33 President Lawson Glidden told Fortune.

13.10.2026 200

Fortune

Nick Lichtenberg

Dario Strangelove, or: How I Learned to Stop Worrying and Love the AI Bomb

You don’t need a weatherman to know which way the AI doomsday wind blows.

12.10.2026 100

Fortune

Nick Lichtenberg

Fortune’s AIQ Summit: The conversation has moved from experimentation to execution

The strongest companies aren’t simply distributing AI tools but redesigning workflows, developing talent, strengthening governance, and building...

12.10.2026 10

Fortune

Nick Lichtenberg

The economist behind the ‘China shock’ says AI is a paradoxical ‘skill-disequalizer’ for Gen Z workers

“Young professionals need to beware of the illusion of competence,” MIT professor and Google Technology & Society visiting fellow David Autor told...

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Nick Lichtenberg

CLEAR founder: fast AI can be safe AI when we fix the identity layer

Every AI agent borrows its authority from a person. Before agents act for us, let’s guarantee you are you.

09.10.2026 10

Fortune

Nick Lichtenberg

Wealthy Gen Zers’ quiet love of art collecting, revealed: They’re outspending boomers and millennials—but keeping their collections off Instagram

Gen Z is on track to be the "largest, wealthiest, and highest-spending generation to date," according to Art Basel and UBS.

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Fortune

Nick Lichtenberg

The great Boomer hoard: Americans 55 and over hold $140 trillion, roughly three-quarters of total net worth

Older households' net worth rose more than 20% in two years on the back of an AI-fueled stock rally, and boomers hold most of it.

07.10.2026 20

Fortune

Nick Lichtenberg

Exclusive: Meet the 38-year-old founder who left Wall Street for love and created an AI insurance unicorn a decade later

Gage Caligaris' Ledgebrook has raised $200 million, co-led by Allianz X and Rockefeller Capital Management. The valuation is $2.6 billion, a source...

07.10.2026 100

Fortune

Nick Lichtenberg

‘AI Snake Oil’ author sees chatbots evolving into a ‘truth oracle’—and journalism heading somewhere it hasn’t been in 200 years

Princeton's Arvind Narayanan asked the Computation Journalism conference to prepare for AI "not as it is today, but as it will be" in five to 10...

06.10.2026 20

Fortune

Nick Lichtenberg