Elon Musk Says AI Will Provide Everything You Need

[unwieldy]

Question is how many white collar layoffs does it take to really influence the housing market in a bad way?
My guess it's only a few percent.
If house prices start to go south, that will be bad news for consumers, all construction companies, and all lenders.

Now as usual the taxpayer will have to save the arrogant bankers..

Maybe but why expect only a few percent? The ai projection suggests massive layoffs

[Humble Narcissist]

Maybe but why expect only a few percent? The ai projection suggests massive layoffs

He's presenting the best case scenario.

[unwieldy]

He's presenting the best case scenario.

I see.

[Brenda Steunbeer]

Today this happened on the Dutch main AEX Stock Exchange:


Legal Software Stocks Plunge as Anthropic Releases New AI Tool

Shares of European legal software and publishing firms dropped after US artificial intelligence firm Anthropic unveiled a tool for companies’ in-house lawyers.
RELX Plc and Wolters Kluwer NV both fell more than 10% after Anthropic released the tool on its GitHub page. Pearson Plc also slipped.

Anthropic said its tool can automate legal work like contract reviewing, non-disclosure agreement triage, briefings and templated responses.

Still, it cautioned that the plugin doesn’t provide legal advice. “AI-generated analysis should be reviewed by licensed attorneys before being relied upon for legal decisions,” the firm said.


(Wolters Kluwer and RELX are companies with a market cap of between 18 and 55 billion euros)

Scary how fast such software AI developments are influencing such large companies and their business models!