"More than 90% of the work done by tech and finance workers could-in theory-be replaced by AI, according to data published by Anthropic. However, actual adoption is closer to 30% of the tasks across all the jobs in that pocket of the economy."
"Negotiators on both sides of the Iran conflict are pessimistic that they will come to an accord before President Trump's latest deadline for a deal expires at 8 p.m. this evening."
"Trump has threatened to bomb Iran's civilian infrastructure if Tehran doesn't propose something acceptable to him, stating that 'the entire country' of Iran 'can be taken out in one night.'"
Oil prices reached $109 after surpassing $111 earlier. The S&P 500 futures remained flat, with the index rising 0.44% yesterday. European and Asian markets showed stability, with Stoxx Europe 600 up 0.64% and the UK's FTSE 100 up 0.25%. AI could theoretically replace over 90% of tech and finance jobs, but actual adoption is around 30%. Anthropic's annual recurring revenue has now exceeded OpenAI's for the first time. Negotiations regarding Iran remain pessimistic as Trump's deadline approaches, with threats of military action looming.
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