AI is still waiting for its "iPhone moment," says Phantom co-founder and CEO Brandon Millman. @BChillman told Yahoo Finance at Money20/20 that consumers could one day manage a team of AI agents from their phones, each with its own wallet and set of permissions.

AI raises questions about creativity, empowerment and business threats from Big Tech on the future of movies, television and social media. This roundtable brings together four prominent leaders from the entertainment world. Their conversation, moderated by Bloomberg Businessweek’s editor, @BradStone, discusses the evolving risks and benefits of AI in Hollywood Featuring: Marge Dean, head of studio, Skybound Animation; @gstrompolos, co-founder & CEO, @promise_ai; @DuncanCI, national executive director & chief negotiator, SAG-AFTRA; @Kishori, producer & writer, Viva Maude

AI could temporarily displace about 9% of workers, Goldman Sachs estimates. That’s if AI boosts productivity by 15%, as workers are pushed out of some jobs before new ones emerge. In the US alone, 9% of the workforce would be roughly 15 million people.

AI DATA CENTER SHORT SELLERS GAIN $6 BILLION IN OCTOBER Short sellers have made $6B in paper profits betting against AI infrastructure stocks amid concerns over debt-funded expansion, according to ORTEX. Bets against $NBIS generated $2.94B, $CRWV nearly $1.7B, and $IREN and $APLD over $1.2B combined. Around $17B in shares across five AI infrastructure companies remain sold short.