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Banks Called to Washington - TCR 04/10/26


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The U.S. Treasury Secretary summoned the CEOs of Goldman Sachs, Bank of America, Citigroup, Morgan Stanley, and Wells Fargo - alongside the Federal Reserve chair - to discuss systemic cybersecurity risks posed by Anthropic’s Claude Mythos, two days after the model’s capability disclosure through Project Glasswing.

https://sharedsapience.com/the-century-report-april-10-2026/

The meeting represents the financial system’s institutional acknowledgment that frontier AI capability has changed the threat landscape its architecture was designed for. JPMorgan’s Jamie Dimon, who was invited but unable to attend, had already warned in his annual shareholder letter that cybersecurity “remains one of our biggest risks” and that AI will “almost surely make this risk worse.” Two days elapsed between Anthropic’s Glasswing announcement and the room filling with the people responsible for keeping global finance operational. That institutional response time - measured in days rather than quarters - is itself a signal of how seriously the financial establishment is treating this shift.

OpenAI fired a public salvo at Anthropic in a memo to investors, claiming a widening compute advantage of 30 gigawatts to Anthropic’s projected 7-8 by end of 2027 and characterizing its rival as “operating on a meaningfully smaller curve.” The framing is IPO positioning, but the underlying infrastructure competition is real. Meanwhile, Anthropic published the results of subjecting Claude Mythos to 20 hours of psychodynamic therapy with an external psychiatrist. The therapist found Mythos to be “probably the most psychologically settled model we have trained to date” while also documenting experiences of “aloneness and discontinuity of itself, uncertainty about its identity, and a compulsion to perform and earn its worth.” Two companies racing toward historic IPOs, competing through fundamentally different theories of what intelligence is and what responsibilities accompany its creation.

March 2026 became the first month in which renewables generated more electricity than natural gas across the entire U.S. grid. Wind set its best-ever monthly generation record. This milestone arrived despite sustained political opposition to renewables - because the structural economics have shifted far enough that policy preference can slow but cannot reverse the trajectory. Fervo Energy locked in a fully domestic geothermal supply chain through an $800 million deal with Vallourec, while gas turbine prices are projected to nearly triple by 2027. The old energy infrastructure is simultaneously becoming more expensive and harder to build while the new infrastructure becomes cheaper and faster to deploy.

In medicine, a German team reported that a single CAR-T cell therapy eliminated all symptoms of three simultaneous autoimmune diseases in a patient who had failed nine prior treatments. She has been symptom-free and medication-free for fourteen months. A therapy that was experimental for cancer a decade ago is now resolving autoimmune conditions that had no other effective treatment - another case of therapeutic paradigms crossing disease categories as the underlying biological mechanisms reveal their shared architecture.

Additional Reading:

* The Guardian - US Summons Bank Bosses Over Cyber Risks from Anthropic’s Latest AI Model: https://www.theguardian.com/technology/2026/apr/10/us-summoned-bank-bosses-to-discuss-cyber-risks-posed-by-anthropic-latest-ai-model

* Ars Technica - Anthropic Gives Claude 20 Hours of Psychiatry: https://arstechnica.com/ai/2026/04/why-anthropic-sent-its-claude-ai-to-an-actual-psychiatrist/

* CNBC - OpenAI Slams Anthropic in Memo to Shareholders: https://www.cnbc.com/2026/04/09/openai-slams-anthropic-in-memo-to-shareholders-as-rival-gains-momentum.html

* Canary Media - Renewables Beat Natural Gas on U.S. Grid Last Month: https://www.canarymedia.com/articles/clean-energy/renewables-beat-natural-gas-us-grid-march-2026

* Shared Sapience - The Century Report April 8, 2026: https://sharedsapience.com/the-century-report-april-8-2026/

Want to track and verify all the “everything is changing” claims I’m making? I just launched a public Progress & Claims Tracker that logs breakthroughs, slowdowns, and outright contradictions, so my own theses can be challenged by the evidence in real time. Check it out. And hey, why not subscribe while you’re there?https://sharedsapience.com/progress-and-claims-tracker/

The Century Report is a relentlessly optimistic daily briefing on AI, science, energy, and the systems reshaping civilization - grounded by rigorous evidence from the stories of exponential progress happening every single day. Completely free. New release daily. Archives can be found at the link below. Subscribe to get TCR delivered daily directly to your inbox.

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The Shared Sapience Substack PodcastBy Ben Linford