Cathie Wood Blames Anthropic’s CEO for AI Panic: Why Attack a Company Her Fund Backs?

Brief

By Dextape Desk · November 8, 2026

ARK Invest's Cathie Wood blamed Anthropic CEO Dario Amodei for fueling much of this year's gloomy AI coverage, even though her firm's venture fund backs Anthropic. She said his warnings of heavy job losses and a 10% extinction risk within a decade added to the negative headlines. Wood instead expects a labor shortage, pointing to October's gain of 165,000 jobs. The article says the extinction figure was attributed by Axios to Evan Hubinger, who leads Anthropic's AI safety work, while Amodei's own 2025 estimate was a 25% chance things go badly. Wood's fund also holds exposure to Anthropic, OpenAI and SpaceX, and the article notes AI growth depends on data centers that voters in 39 of 45 ballot measures moved to restrict.

Why it matters: The dispute ties AI sentiment and data center limits to the holdings of investors backing leading AI developers, a link that matters to crypto readers tracking the sector.

Summary by Dextape, based on reporting by BeInCrypto. Machine-written from BeInCrypto’s report and checked against it · How Dextape writes