Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.
GM!
Today’s top news:
A sobering note from inside the AI frontier model race. And what does it mean for crypto?
Anthropic CEO Dario Amodei published an essay warning that AI capabilities are advancing faster than the systems meant to control, govern, and align them.
This creates a growing risk gap as models become more autonomous and powerful.
Dario’s core thesis is about speed and compounding.
Each generation of AI models builds on the last, accelerating progress in a way that compresses timelines and reduces room for error.
Meanwhile, safety research, governance frameworks, and institutional responses move linearly, not exponentially.
He argues that society is entering a phase where capability gains are no longer matched by proportional improvements in control, especially as models begin to reason, plan, and act with less direct human oversight.
Specifically, he expects AGI to come in the next 1-2 years, and shared concerns like 50% of the entry white collar workforce no longer needed within 1-5 years.
Dario framed the challenge starkly:
He warned that relying on informal norms or reactive fixes is unlikely to work at scale:
And he emphasized that the window for proactive action is shrinking:
Dario’s warning lands at an important moment for markets.
The AI trade is already one of the dominant macro narratives, pulling in capital, reshaping equity indices, and driving massive investment into compute, data centers, and infrastructure.
At the same time, the macro backdrop is shifting.
Rates are no longer collapsing, geopolitics are back in focus, and metals are soaring.
What about crypto? Well, not much rotation so far in 2026.
The good news is—it’s doubtful that the “AI bubble” is going to pop. If anything, the opposite.
But that comes with its own set of challenges, and a future 3-years out where half of the white-collar workforce is unemployed is both hard to imagine and hard to model out.
Stacking hard assets in preparation for that potential future is likely a good strategy.
And Bitcoin remains at the top of the shortlist for many, especially as the metals trade looks like it’s in a blow-off top.
Is the rotation coming?
We may find out very soon…
A few headlines that stood out:
