💼 Business & Startups

April 7th, 2026

Today's top 3 stories, curated by Daily Direct.

Fortune

Sam Altman and Vinod Khosla agree: AI will break the economy. Their fix is no income tax for most Americans

OpenAI CEO Sam Altman has thrown his weight behind Vinod Khosla's proposal to eliminate federal income taxes for Americans earning under $100,000, arguing that AI-driven economic disruption will require radical policy responses. The alignment between Silicon Valley's most prominent AI builder and one of its most influential investors signals growing consensus that automation will fundamentally upend traditional labor markets. With OpenAI now the world's most valuable AI company, Altman's endorsement gives the idea rare institutional credibility and political weight.

Read article →
Fortune

Top economist Mark Zandi says the indicator that has called every recession since WWII just signaled we’re already in one

The Vicious Cycle Index, a recession indicator with a perfect track record dating back to World War II, is now signaling that the U.S. economy may already be in a downturn. Moody's Analytics chief economist Mark Zandi flagged the measure, which tracks shifts in labor force participation, as currently flashing red. If history holds, policymakers and investors may have less runway than they think.

Read article →
Fortune

Sam Altman says AI superintelligence is so big that we need a ‘New Deal’—critics say OpenAI’s policy ideas are a cover for ‘regulatory nihilism’

OpenAI CEO Sam Altman is calling for a sweeping policy response to AI-driven economic disruption, invoking New Deal-scale ambitions that include public wealth funds and reduced working hours. Critics argue the proposals are long on vision and short on specifics, amounting to a smokescreen that deflects meaningful regulation of AI companies themselves. The tension reveals a familiar dynamic: tech giants championing broad societal fixes while resisting the kind of targeted oversight that would directly constrain their own operations.

Read article →

Get this delivered every morning

Join thousands of readers who get the world's most important stories, curated daily.

Start reading free →