Forbes Daily Briefing

Stephen Mathew Morrow, better known by his nom de casino, Vegas Matt, looks like a caricature of a high-stakes gambler. A large, one-pound gold chain hangs around his neck with a matching bracelet on his right wrist, a Rolex SkyDweller on his left, and a Rolls-Royce Cullinan parked outside the El Cortez Hotel and Casino in Downtown Las Vegas.

As he walks the casino floor on a Tuesday afternoon in September, fans flock around him every few feet, asking for a photo, telling him how much they love him and his video content. The 62-year-old Morrow posts stories every day to his 5 million followers, including 1.7 million on YouTube and 2 million on Instagram. Two middle-aged sisters are giddy when they spot him and one says: “I go to bed with you every night.” Vegas Matt responds with quick wit: “My superpower is putting women to sleep.”

Inside the El Cortez’s high limit slot parlor, he says hello to vice president and general manager Adam Wiesberg, who acts like a shepherd for the flock of influencers who are filming every day at his casino. Vegas Matt pulls out his money clip with about $6,700 in one-hundred-dollar bills, peels one off and feeds it into an Ultimate X video poker machine at the bar, his favorite.

“Gambling is dumb,” says Morrow, who was retired and living in Las Vegas before he became the gambling world’s top creator. “These casinos don’t build themselves. Mathematically, you have to know you’re losing.”

Read the full story on Forbes: https://www.forbes.com/sites/willyakowicz/2026/09/20/loose-slots-giant-jackpots-inside-the-wild-lucrative-world-of-vegas-matt/
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Amazon founder Jeff Bezos said he believes artificial intelligence could generate enough productivity gains to allow Americans to have a three-day workweek or rely on a single-income for the whole household—pushing back against fears that the technology could lead to large-scale job losses for American workers.

In an interview with Fox News that aired Wednesday evening, Bezos told host Bret Baier he believes AI’s productivity gains could let some people decide, “I can support my family by working three days a week.”

He claimed families in two-earner households could decide they don’t need a second income and let one worker drop out.

Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/10/08/jeff-bezos-claims-ai-could-allow-for-3-day-workweeks-and-one-income-families/
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Brett Adcock has spent the past decade turning tomorrow into money.

He made his first $30 million the old-fashioned way: building and then selling job website Vettery for $110 million in 2018. Everything since has come from putting a present-day price on a future-day product. In 2021, he took the air taxi outfit Archer Aviation public via SPAC, raising $858 million at a $1.7 billion valuation before its aircraft had flown a single commercial flight. He persuaded investors to value Figure at $39 billion while its humanoid robots were still working small-scale factory pilot projects and tightly controlled demonstrations. This May, he raised $700 million at a $6 billion valuation for Hark, an AI assistant company with nothing on the market at the time.

The work is real. Vettery was a legitimate win. Archer built a full-scale electric vertical takeoff-and-landing aircraft. Figure’s humanoids have worked on a BMW production line and have helped build 30,000 X3 SUVs, by the automaker’s count. Adcock, barely 40, has a reputation for raising enormous sums, recruiting talented engineers and getting difficult machines to work. He’s currently CEO of three companies. And when it comes to humanoids, he is a flywheel of enthusiasm.

Read the full story on Forbes: https://www.forbes.com/sites/annatong/2026/10/05/brett-adcock-sold-investors-a-humanoid-future-now-he-has-to-build-it/

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Federal agencies are working together to monitor travelers arriving from Siberia after a potential pneumonic plague case was identified in Russia, though health officials say they’re confident the threat to Americans is “extremely low” and President Donald Trump says Russia claims to have the situation “very much under control.”
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The biggest pile of consumer debt in America isn’t sitting on credit cards or student loan balances. It’s in our homes.

Americans owe $13 trillion on their mortgages, which makes up nearly 70% of all consumer debt. Every month, billions in interest and principal payments must be collected, tracked and divvied up among lenders, investors, insurers and the IRS. Yet the industry tasked with handling it all, called mortgage servicing, still runs largely on out-dated technology and tedious human labor.

The result: billions of wasted dollars, and human hours. In 2025, the Consumer Financial Protection Bureau received more than 30,000 mortgage complaints, with more than half involving payments and servicing.

Andrew Wang, Jon Hsu and Linda Du think there’s a better way: Let AI do the busywork. Their startup, New York-based Valon Technologies, has built a system to automate much of what mortgage companies pay people to do manually. On Monday, Valon announced a $150 million Series D backed by firms including Ribbit Capital and Andreessen Horowitz, valuing the company at $2.3 billion post-money.

Read the full story on Forbes: https://www.forbes.com/sites/zoyahasan/2026/10/05/fintech-unicorn-valon-hit-a-2-billion-valuation-to-bring-ai-to-americas-13-trillion-mortgage-market/
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